Tuesday, May 5, 2026

RUT, NDX, SPX Hit New All-time Closing High...DJI Closed Higher...Breadth Strengthened...VIX Fell...


© 2026


SPX +58.47, 7,259, opened higher and closed at a new all-time high.  Breadth turned positive as advancers led on both the NYSE and NASDAQ exchanges.  VIX volatility fell as the broad market rallied on Tuesday. 

SPX advancers: WAT INTC SNDK AKAM MU QCOM IQV EXPD ROK DD CRL.
SPX decliners: HII FISV POOL APTV LDOS PYPL PLTR BALL CHTR PSKY.

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EPS season Day 16:   WAT IQV EXPD ROK DD RVTY ADM TDG HSIC MPC CMI AEP IT WMB closed higher on a positive EPS reaction.  HII FISV APTV LDOS PLTR BALL PSKY FANG ETN KKR VRTX SEC closed lower after a negative EPS reaction. 

AMD SMCI DVA J AIZ IFF CTVA PRU SOLV EMR DOC SWKS EA LYV EOG AEE DVN LITE JKHY OXY ANET reported after the close on Tuesday and 18 stocks report Wednesday morning with 17 more after the close.

130 SPX companies report this week.
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NVDA +.03, +0.02, formed a spinning top in a five-day bull flag pattern on 125.3 million shares.
MU +63.75, +11.06%, closed at a new all-time high.

SPY all-time new closing high on below average volume of 36.9 million shares.
VIX -0.91, 17.38
NDX +1.31% hit an intraday high before closing slightly lower.
DJI, 49,298, +0.73% bounced on Tuesday, formed a bullish harami candle.


Mega caps AAPL, AVGO, GOOGL, AMZN, WMT rose and MSFT, BRK/B, WMT, TSLA, META, NVDA, TSM fell on Tuesday.


Up: IWM, QQQ, SPY, DIA,
Down:

The SPY MFC green line is slightly higher at 96.2, price-action is short-term bullish. +0.6. 

Ten of eleven sectors (91.1%) were higher on Tuesday led by XLK, XLB and XLI


64 of 100 NDX stocks closed higher on Tuesday.

65 NDX stocks are above their 30 DMA: ROST, MRVL, ARM, AMD, CSX, FAST, AMZN, INTC, KLAC, MPWR, STX, WDC, CSCO, ADI, MCHP, TXN, AMAT, AVGO, GOOGL, LRCX, MELI, AAPL, MU, NVDA, NXPI, SBUX, MNST, ABNB, CDNS, QCOM, SNPS, DASH, MSFT, MSTR, TTWO, APP, DDOG, PANW, CRWD, FTNT, FANG, BKR, KDP, AEP, CEG, TSLA, ADBE, KHC, MDLZ, ADP, COST, PAYX, TRI, ORLY, XEL, ADSK, MDB, WDAY, ZS, ASML, FER, LIN, MAR, ROP, VRSK,

NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 6
ASML, FER, LIN, MAR, ROP, VRSK,  


Moving Below 30 DMA = 4
CPRT, INTU, PLTR, PYPL,



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