Tuesday, June 23, 2026

DJI, RUT, SPX, NDX Closed Lower...VIX Rose...Technology Led all Sectors Lower as Semiconductor Stocks Led Decliners...


© 2026


SPX -107.79, 7,365, opened lower, traded in a range and closed lower.  Breadth strengthened slightly as advancers barely led on the NYSE, and decliners led on the NASDAQ exchange.  VIX rose. 

SpaceX, SPCX, closed at 156.11, +0.98%.  Our view is that SPCX with no earnings continues to be a total speculation.  Wall St. consensus list positive earnings in 2028.  If you choose to trade it, do so knowing it is a speculation.

SPX advancers: AXON CDW GEHC IBM CHTR HSY CAG ERIE VEEV ALL PGR.
SPX decliners: SNDK MU VRT ON COHR LRCX MCHP KLAC ADI AMAT WDC.

SPY -1.45% on above average volume of 66.7 million shares.
VIX +2.21, 19.49,
NDX -3.29%, gapped down open and closed lower in a channel.
DJI, 51,666, -0.09%, closed higher.


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


Up:  
Down: DIA, IWM, SPY, QQQ,

The SPY MFC green line is down at 55.7 and price-action is counter-trend defensive. -11.7

Seven of eleven sectors were higher on Tuesday led by XLP, XLV and XLRE. 


42 of 100 NDX stocks closed higher on Tuesday.

44 NDX stocks are above their 30 DMA: MRVL, ARM, AMD, STX, CSCO, AMAT, LRCX, AAPL, MU, MNST, CDNS, PANW, CRWD, FTNT, KDP, ASML, KLAC, MAR, ROST, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, INTC, WDC, VRTX, FER, TXN, ABNB, DASH, TTWO, AEP, AMGN, ALAB, NBIS, TER, AXON, GEHC, PAYX, ROP, XEL,

NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 5
AXON, GEHC, PAYX, ROP, XEL,


Moving Below 30 DMA = 9
ADI, CEG, CRWV, CSX, HON, MCHP, NXPI, QCOM, WBD,



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