Monday, June 1, 2026

NDX, SPX, DJI Closed at All-time Highs...RUT Closed Lower...HPE +28% on Positive EPS Reaction...


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Our iBullyBear Mentoring account once again hit a new all-time Net Liq high today on strength in ARM, MU, AVL, WDC and DRAM on Monday.  If you are not employing a systematic approach to decision-making in the face of uncertainty and you want to improve your skills contact us through the iBullyBear link above.


SPX +19.90, 7,599, new all-time closing high. Breadth strengthened as advancers gained but decliners led on both the NYSE and NASDAQ exchanges. 

SPX advancers: ROP ADBE PAYX BG ADP LVS TYL WYNN CSGP VRSK ACN.
SPX decliners: PWR COIN MCHP ROST SO WY HBAN VTR GNRC LOW NXPI.

Earnings season: 12 SPX companies report this week: HPE, DG, PANW, ULTA, MDT, AVGO, CRWD, VEEV, BF/B, CIEN, COO, LULU.

NVDA +13.22, -1.45%, bounced and closed above the high of the low day in a 10-day bull flag pattern, on 212.8 million shares.
MU +64.50, +6.64%, closed at a new all-time high after exceeding a trillion-dollar market cap last Tuesday. 

After-hours: HPE +13.18 +28.04%, rose after reporting a better-than-expected results and guidance.  EPS $0.79 beats $0.53 estimate, sales $10.678B beat $9.791B estimate.

SPY +0.27%, all-time closing high, below average volume of 43.6 million shares.
VIX +0.73, 16.05,
NDX +0.60%, all-time closing high.
DJI, 51,078, +0.09%, an all-time closing high.


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


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

The SPY MFC green line is higher at 97.8, and price-action is short-term bullish. +0.5 

Two of eleven sectors (38.5%) were higher on Monday led by XLK, XLE and XLC.  


55 of 100 NDX stocks closed higher on Monday.

59 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, CSX, INTC, STX, WDC, CSCO, TXN, AMAT, AVGO, LRCX, AAPL, MU, NXPI, MNST, CDNS, QCOM, APP, DDOG, PANW, CRWD, FTNT, KDP, TSLA, KHC, MDLZ, ADP, MDB, DXCM, PAYX, ASML, KLAC, MAR, HON, ODFL, ROST, WDAY, VRTX, AXON, CTSH, IDXX, MSFT, PLTR, ADBE, EA, TTWO, VRSK, ABNB, ADSK, BKNG, CTAS, FANG, MELI, NVDA, ROP, TRI, WBD, ZS,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 11
ABNB, ADSK, BKNG, CTAS, FANG, MELI, NVDA, ROP, TRI, WBD, ZS,


Moving Below 30 DMA = 9
ADI, ALNY, AMGN, AMZN, EXC, GILD, GOOGL, MCHP, META,



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