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2026
Our
iBullyBear Mentoring
account once again hit a new all-time Net Liq high
on strength in SOXL, SNDK, AMUU, LRCX and AVL on Thursday. 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.
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is a life skill that can be learned like every
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SPX +80.48, 7,500, opened higher and recovered about 90% of
Wednesday late selloff after the Fed left rates unchanged as expected and
the SPX fell 90 points into the close.
Breadth strengthened
as advancers led on both the NYSE and NASDAQ exchanges. VIX fell.
SpaceX, SPCX,
closed at $185.00, -3.56%. Aswath Damodaran, a known value expert, pre-IPO
stated that his view was a business valuation of $1.3 trillion, which would be
approximately $100/share. Assuming his estimate
is approximately accurate, it means the stock is fully valued at that
price. 2025 revenues were $18.7 billion
with a total loss of $4.94 billion and a loss from operations of $ 2.59
billion. Wall St. consensus estimates
indicate earnings in 2028.
SPX
advancers: SNDK GLW INTC SMCI MU Q ON
TER TXN QCOM MCHP.
SPX
decliners: ACN CTSH KR STLD OMC LHX
NOC IBM IT SLB CHTR.
SPY +1.04% on above average volume of 79.8 million
shares.
VIX -2.04, 16.40, as hedges are closed…
NDX +2.48%, as the broad market rallied.
DJI, 51,564, +0.12%, closed higher.
Mega caps MU, TSM, AVGO, NVDA, AMZN, META, GOOGL, TSLA, AAPL, MSFT
rose and BRK/B, WMT, LLY fell on Thursday.
Up: QQQ, IWM, SPY, DIA,
Down:
The SPY
MFC green line is
up at 68.4
and price-action is short-term bullish. +1.4
Five of eleven sectors were higher
on Thursday led by XLK, XLY and XLI.
On
Monday, June 22 before
the open ALAB, CRWV, NBIS, RKLB, TER will be added to the NDX
100 replacing CHTR CTSH, INSM, VRSK, ZS which will be deleted from the
index.
62
of 100
NDX stocks closed higher on Thursday.
45 NDX stocks are above their 30
DMA: MRVL, ARM, AMD, STX, CSCO,
AMAT, LRCX, AAPL, MU, MNST, CDNS, PANW, CRWD, FTNT, KDP, DXCM, PAYX, ASML,
KLAC, MAR, ROST, EA, FAST, PCAR, CCEP, EXC, LIN, ADI, BKNG, INTC, WDC, VRTX, FER,
HON, TXN, ABNB, DASH, TTWO, CEG, IDXX, MCHP, NXPI, ODFL, QCOM, ROP,
NDX Stocks to Watch on Monday
Moving Above 30 DMA = 7
CEG, IDXX, MCHP, NXPI, ODFL, QCOM, ROP,
Moving Below 30 DMA = 4
AMGN,
DDOG, MDB, VRSK,
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