Monday, July 13, 2026

DJI, SPX, RUT, NDX Close Lower...Breadth Weakened...VIX Rose...EPS Season starts Tuesday BMO with JPM, BAC, C, WFC, GS, FAST Reporting...


© 2026


SPX -60.05, 7,515, opened lower and traded in range between Friday’s high and low.  Closed 94 points below its all-time closing high.  Both the NDX and SPX fell in their 6-week sideways channel.  Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges.

CPI report Tuesday 8:30 am ET.

SPX advancers: FDS IT INTU VLO PSX BIIB CRM CASY DINO MPC DOW.
SPX decliners: APP SNDK MRVL ORCL INTC LRCX ON STX COHR RL TER.

SK Hynix ADR, SKHY, closed 152.35, -15.66 on its second day.  IPO was at 149.

SpaceX, SPCX, closed at 139.14, -4.24%. Our view is that SPCX, with no earnings, is an overvalued speculation.


Earnings season starts Tuesday before the open with JPM, BAC, C, WFC, GS and FAST reporting.


SPY -0.77%, below average volume of 44 million shares.
VIX +2.13, 17.16.
NDX -1.88% opened and closed lower, crossed below its 30 DMA.
DJI, 52,498 -0.26%, traded in a range, closed just below the high of the following day in its bull flag pattern.

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

Up:
Down: DIA, SPY, IWM, QQQ

The SPY MFC green line turned down at 71.9, price-action remained above ST support and is short-term bullish. -1.1

Six of eleven sectors were higher on Monday led by XLE, XLU and XLF. 


45 of 100 NDX stocks closed higher on Monday.

50 NDX stocks are above their 30 DMA: AMAT, MNST, PANW, CRWD, FTNT, EA, FAST, PCAR, CCEP, EXC, LIN, BKNG, VRTX, ABNB, DASH, TTWO, AEP, AMGN, AXON, GEHC, ROP, SBUX, CSX, KHC, ADP, DDOG, MELI, PAYX, PYPL, REGN, CTAS, TRI, AAPL, GILD, WDAY, DXCM, META, PDD, AMD, AMZN, IDXX, ADBE, TMUS, XEL, ADSK, CMCSA, FANG, INTU, ODFL, WBD,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 6
ADSK, CMCSA, FANG, INTU, ODFL, WBD,


Moving Below 30 DMA = 11
ALAB, ALNY, ASML, AVGO, CSCO, HON, KDP, NVDA, SNDK, TSLA, TXN,



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