QQQ Closed Higher...SPY, IWM, DIA Closed Lower...Breadth was Mixed...VIX Higher...

© 2026

SPX -25.62, 7,686, pulled back for a second day on Monday after reports of continuing conflict in the Middle East.  The SPX pulled back during the first 60 minutes of the day, moved sideways on light volume and then rallied in the last 60 minutes, formed a daily chart dragonfly doji and closed lower.  In a word, low volume grinding.  Closed below 7,700 for again. 

Breadth was mixed as decliners led on the NYSE and NASDAQ exchanges.  The VIX closed higher, but below its open.  RUT 2,956 fell on Monday.

SPX advancers: CRWD TSLA SNDK COIN SLB DE QCOM ULTA CF VEEV DG.

SPX decliners: EIX PCG AON HWM TTWO AXON CLX WYNN TAP UBER RCL.

SPCX closed at 143.69, +2.19, on volume of 62.9 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY -2.30, -0.30%, below average volume of 38.7 million shares.

VIX +0.49, 14.92 closed higher. 

NDX +0.08% a hammer day.

DJI, 53,185 -0.70%, pullback.

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

Up: QQQ,

Down: SPY, IWM, DIA,

The SPY MFC green line is up at 77.2, price-action on Monday, closed below the high of the low day (August 20), is a bull flag setup and is short-term bullish. +1.5

Two of eleven sectors were higher on Monday.  XLE, XLK.

43 of 100 NDX stocks closed higher on Monday.

50 NDX stocks are above their 30 DMA: AMGN, ADP, PAYX, REGN, INTU, ADSK, ROP, ADBE, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, GEHC, CEG, MDB, LITE, NFLX, PLTR, WBD, GILD, SPCX, VRTX, MU, SNDK, KDP, PEP, MELI, MSTR, TSLA, SBUX, SNPS, CDNS, QCOM, CRWD, FTNT, NVDA, PANW, AAPL, AMZN, CCEP, ISRG, KHC, TMUS, ALNY, FANG,

NDX Stocks to Watch on Tuesday

Moving Above 30 DMA = 2

ALNY, FANG,

Moving Below 30 DMA = 6

AXON, BKNG, CSX, FAST, GOOGL, MRVL,

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"Trends Matter Most"...DJI, SPX, NDX, RUT Closed Lower...Breadth Weakens Slightly...VIX Closed Slightly Lower...

© 2026

iBullyBear has been teaching over the past nine years and emphasizing in our morning sessions the past two weeks that: Trend is the most important factor in every trade!

Fed Chairman Kevin Warsh, today in his Jack Hole Symposium speech shared seven principles that guide his thinking on the appropriate conduct of monetary policy.  Sharing his first principle he said: “Trends matter most.”

Each morning, we review: Trade what you see. Trend direction. Trend strength.

What do we know?  SPX, DJI, RUT are in three-month uptrends.  NDX is in a three-month sideways trend.

SPX -19.23, 7,711, bull flag bounce paused on Friday.  Closed above 7,700 for a second day since August 19.  Breadth weakened as decliners led on the NYSE and NASDAQ exchanges.  The VIX made its second lowest close in 7 months.  RUT 2,972 pulled back on Friday.

SPX advancers: SOLS WDAY DPZ LULU NOW SLB AMZN CHTR BG EXPE EBAY.

SPX decliners: PYPL MRVL PCG GNRC LITE COIN COHR CIEN LRCX HOOD Q.

SPCX closed at 141.50, +0.63, on volume of 55 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY -1.75, -0.23%, below average volume of 36.7 million shares.

VIX -0.08, 14.43 second lowest close in 7 months. 

NDX -0.70% a bull flag bounce pause day.

DJI, 53,559 -0.02%, flag bounce pause day, red spinning top.

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

Up:

Down: DIA, SPY, QQQ, IWM,

The SPY MFC green line is up at 75.7, price-action on Friday, paused and remained above the high of the low day (August 20), a bull flag bounce pause day and is short-term bullish. +1.4

Five of eleven sectors were higher on Friday. 

43 of 100 NDX stocks closed higher on Friday.

54 NDX stocks are above their 30 DMA: AMGN, ADP, PAYX, REGN, INTU, ADSK, ROP, ADBE, BKNG, FAST, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, GEHC, CEG, MDB, LITE, NFLX, PLTR, WBD, AXON, GILD, SPCX, VRTX, MU, MRVL, SNDK, KDP, PEP, CSX, MELI, MSTR, TSLA, SBUX, SNPS, CDNS, QCOM, CRWD, FTNT, NVDA, PANW, AAPL, AMZN, CCEP, GOOGL, ISRG, KHC, TMUS,   

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 7

AAPL, AMZN, CCEP, GOOGL, ISRG, KHC, TMUS,   

Moving Below 30 DMA = 6

CRWV, FANG, LRCX, MDLZ, NBIS, PYPL,

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NDX, SPX, RUT, DJI Close Higher...Breadth was Mixed...VIX Closed Lower...CRWD +20%, NVDA +8% on EPS Reactions...

© 2026

SPX +55.29, 7,730, bull flag bounced above the HOLD.  First close above 7,700 since August 19.  Breadth was mixed as decliners led on the NYSE while advancers led on the NASDAQ exchange.  The VIX made its second lowest close in 7 months.  RUT 3,014 bounce after an 8-day bull flag pattern.

SPX advancers: CRM CRWD VEEV SNPS PANW NOW FTNT NVDA DDOG ADSK.

SPX decliners: HRL CASY TPR MRNA GNRC BBY EXPE LVS DLTR WYNN IP.

Positive EPS reactions:

CRWD +38.78, +20.50%, EPS $0.31 beats $0.29 estimate, sales $1.47B beat $1.44B estimate.

NVDA +18.32, +8.74%, EPS $2.22 beats $2.10 estimate, sales $96.221B beat $92.179B estimate.

SPCX closed at 140.87, +1.24, on volume of 55 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY +5.02, +0.66%, below average volume of 34.5 million shares.

VIX -0.70, 14.51 its second lowest close in 7 months. 

NDX +1.43% a bull flag bounce continuation.

DJI, 53,577 +0.20%, flag bounce continuation day, black spinning top.

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

Up: QQQ, SPY, IWM, DIA,

Down:

The SPY MFC green line turned up at 74.3, price-action on Thursday, closed above the high of the low day (August 20), a bull flag bounce and is short-term bullish. +3.4

One of eleven sectors, XLK +3.16%, was higher on Thursday. 

51 of 100 NDX stocks closed higher on Thursday.

53 NDX stocks are above their 30 DMA: AMGN, ADP, PAYX, PYPL, REGN, INTU, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, GEHC, CEG, MDB, CRWV, LITE, NFLX, PLTR, WBD, AXON, GILD, SPCX, VRTX, FANG, MU, MRVL, NBIS, SNDK, KDP, PEP, CSX, MELI, MSTR, TSLA, SBUX, LRCX, SNPS, CDNS, QCOM, CRWD, FTNT, NVDA, PANW,

NDX Stocks to Watch on Friday

Moving Above 30 DMA = 4

CRWD, FTNT, NVDA, PANW,  

Moving Below 30 DMA = 7

AMZN, ASML, AZN, CCEP, COST, CTAS, MNST,

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NDX Closed Higher...SPX, RUT, DJI Closed Lower...Afterhours: NVDA Up on EPS Beat...

© 2026

SPX -1.58, 7,675, spinning top closed above the high of the following candle.  Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges.  The VIX closed lower.  RUT 3,005 spinning top in an 8-day bull flag pattern.

The PCE report Core M/M 0.2% vs 0.2%, Y/Y 3.3% vs 3.3 estimate, inline, headline M/M 0.2% vs 0.1% Y/Y 3.7% vs. 3.6% estimate.   

After-hours:

NVDA +8.37, +3.98%, EPS $2.22 beats $2.10 estimate, sales $96.221B beat $92.179B estimate.

SPX advancers: LITE ANET CHRW WMB FFIV SJM CIEN WDC GLW DINO KMI.

SPX decliners: MRNA RDDT GDDY LLY BSX INTU HOOD ACN COIN TKO SMCI.

SPCX closed at 139.63, +1.68, on volume of 60 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY +0.17, +0.02%, below average volume of 28 million shares.

VIX -0.24, 15.21 closed lower. 

NDX +0.05% a bull flag pattern, again a close above the HOLD and a re-BO.

DJI, 53,577 -0.21%, flag bounce pause day, red spinning top.

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

Up: QQQ, SPY,

Down: IWM, DIA,

The SPY MFC green line is down at 70.9, price-action on Wednesday, closed above Monday’s high and also above horizontal resistance ($760.40) for a seventeenth day and is counter-trend defensive. -1.2

Five of eleven sectors were higher on Wednesday. 

48 of 100 NDX stocks closed higher on Wednesday.

56 NDX stocks are above their 30 DMA: AMGN, ADP, PAYX, PYPL, REGN, INTU, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, GEHC, CEG, AMZN, MDB, CRWV, LITE, NFLX, PLTR, WBD, AXON, GILD, SPCX, VRTX, FANG, MU, MRVL, NBIS, SNDK, KDP, PEP, CSX, CTAS, MELI, MSTR, TSLA, MNST, AZN, CCEP, COST, SBUX, ASML, LRCX, SNPS, CDNS, QCOM,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 2

CDNS, QCOM,

Moving Below 30 DMA = 4

NVDA, ORLY, PDD, TMUS,

Add Comments here:

NDX, RUT, SPX, DJI Closed Higher...VIX Closed Lower...Breadth Strengthened...

© 2026

SPX +24.42, 7,677, closed above the high of the following candle, a hammer-like candle with lower shadow suggesting intraday support on Monday.  Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges.  The VIX closed higher, suggesting that institutions were unwinding hedges.

RUT 3,010 bullish harami in a 7-day bull flag pattern

The PCE report will be released Wednesday 8:30 am ET before the open.  NVDA earnings will be released Wednesday after market close.

SPX advancers: MRNA SMCI HOOD CDW LITE RDDT IBKR CDNS AMD MRVL COHR.

SPX decliners: ALB DOW LYB ERIE TGT APA COO DECK LULU IT CASY.

SPCX closed at 137.95, +2.95, on volume of 53 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY +2.44, +0.32%, below average volume of 27.4 million shares.

VIX -0.40, 15.45 closed lower. 

NDX +0.64% a bull flag pattern, close above the HOLD and a re-BO.

DJI, 53,577 +0.30%, flag bounce continuation.

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

Up: QQQ, IWM, SPY, DIA,

Down:

The SPY MFC green line is down at 72.1, price-action on Tuesday, closed above Monday’s high and also above horizontal resistance ($760.40) for a sixteenth day and is counter-trend defensive. -0.6

Six of eleven sectors were higher and XLB unchanged on Tuesday. 

53 of 100 NDX stocks closed higher on Tuesday.

58 NDX stocks are above their 30 DMA: AMGN, ADP, PAYX, PYPL, REGN, INTU, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, GEHC, CEG, AMZN, MDB, CRWV, LITE, NFLX, PLTR, WBD, AXON, GILD, SPCX, VRTX, FANG, MU, MRVL, NBIS, SNDK, KDP, PEP, CSX, CTAS, MELI, MSTR, TSLA, MNST, AZN, CCEP, COST, SBUX, TMUS, ORLY, ASML, LRCX, NVDA, PDD, SNPS,

NDX Stocks to Watch on Wednesday

Moving Above 30 DMA = 5

ASML, LRCX, NVDA, PDD, SNPS,

Moving Below 30 DMA = 2

GOOGL, ISRG,

Add Comments here:

DJI Closed Higher above the HOLD in a Bull Flag Pattern...SPX, RUT, NDX Close Lower...Breadth Weakened...

© 2026

SPX -21.51, 7,652, formed a hammer-like candle with lower shadow suggesting intraday support in its 7-day bull flag pattern.  Breadth weakened as advancers and decliners were near even on the NYSE and decliners led on NASDAQ exchange.  The VIX closed higher, suggesting that institutions were adding hedges.

NVDA reports EPS Wednesday after the close.  Fed Chair Warsh speaks Friday morning from the Jackson Hole Summit.

RUT 2,995 reversed Friday’s gains but stayed above Thursday’s low in a 6-day bull flag pattern.

SPX advancers: EXPE DLTR CHD MO GDDY IT BXP AWK EIX ULTA MA.

SPX decliners: STX SNDK CIEN MU JBHT SMCI WDC COHR AXON FDXF AKAM.

SPCX closed at 135.00, -1.97, on volume of 60 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY -2.25, a 7-day bull flag pattern and setup, below average volume of 32.3 million shares.

VIX +0.72, 15.85 closed higher. 

NDX -0.97% a bull flag pattern and setup in a BO test pullback.

DJI, 53,417 +0.26%, moved above the high of the low day, a 12-day bull flag pattern.

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

Up: DIA,

Down: SPY, IWM, QQQ,

The SPY MFC green line is down at 72.7, price-action on Monday, closed above Thursday’s low and also above horizontal resistance ($760.40) for a fifteenth day and is counter-trend defensive. -3.7

Eight of eleven sectors were higher on Monday. 

44 of 100 NDX stocks closed higher on Monday.

56 NDX stocks are above their 30 DMA: FAST, AMGN, ADP, PAYX, PYPL, REGN, INTU, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, GEHC, CEG, AMZN, MDB, CRWV, LITE, NFLX, PLTR, WBD, AXON, GILD, SPCX, VRTX, FANG, MU, MRVL, NBIS, SNDK, KDP, PEP, CSX, CTAS, MELI, MSTR, TSLA, MNST, AZN, CCEP, COST, ISRG, SBUX, TMUS, GOOGL, ORLY,

NDX Stocks to Watch on Tuesday

Moving Above 30 DMA = 2

GOOGL, ORLY,

Moving Below 30 DMA = 7

ASML, LRCX, NVDA, PANW, PCAR, PDD, TER,

Add Comments here:

DJI, RUT, SPX, NDX Closed Higher...VIX Closed Lower...Breadth Strengthened...

© 2026

This is what good traders know…

The intermediate term trend in the SPX, RUT and DJI is up.  The short-term trend has been down this week, which is a short-term counter trend and a bull flag pattern.

The intermediate term trend, (3-months), in the NDX is sideways, the 12-day short-term trend is up, and the 4-day short-term trend is down.  It is a bull flag in a channel.

(click chart to enlarge)

Look at the weekly YTD chart and what do you see?

What do you think is more probable based on what you see?

SPX +33.21, 7,674, formed a bullish harami.  Breadth turned positive as advancers led on both the NYSE and the NASDAQ exchanges.  The VIX closed lower, suggesting that institutions were closing hedges.

RUT 3,017 opened and closed higher, formed a bullish harami in a 5-day bull flag pattern.

SPX advancers: HOOD MRNA COIN FCX ALB EL HCA TSLA DINO LULU CMG.

SPX decliners: MRVL SRE EIX AEP CNP PWR Q XEL BG EXC SO.

SPCX closed at 136.97, +2.97, on volume of 78.5 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY +3.12, a 6-day bull flag pattern and setup, below average volume of 39 million shares.

VIX -0.88, 15.13 closed lower. 

NDX +0.33% a bull flag pattern and setup in a BO test pullback.

DJI, 52,759 +0.98%, formed a bullish harami in a 12-day bull flag pattern and setup.

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

Up: DIA, IWM, SPY, QQQ,

Down:  

The SPY MFC green line is down at 76.4, price-action on Friday, closed above Thursday’s close and also above horizontal resistance ($760.40) for a fourteenth day and is counter-trend defensive. -4.2

Eight of eleven sectors were higher and XLRE was unchanged on Friday. 

64 of 100 NDX stocks closed higher on Friday.

61 NDX stocks are above their 30 DMA: FAST, AMGN, ADP, PAYX, PYPL, REGN, INTU, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, GEHC, CEG, AMZN, MDB, CRWV, LITE, NFLX, NVDA, PLTR, WBD, AXON, GILD, SPCX, VRTX, FANG, ASML, TER, MU, MRVL, NBIS, SNDK, PDD, KDP, PEP, CSX, CTAS, MELI, MSTR, TSLA, MNST, AZN, CCEP, COST, ISRG, LRCX, PANW, PCAR, SBUX, TMUS,

NDX Stocks to Watch on Monday

Moving Above 30 DMA = 9

AZN, CCEP, COST, ISRG, LRCX, PANW, PCAR, SBUX, TMUS,

Moving Below 30 DMA = 0

Add Comments here:

NDX, SPX, DJI, IWM Closed Lower...WMT & Retail Stocks Lower after WMT EPS...VIX Closed Higher...Technology & Semicondutor Stocks were Mixed...

© 2026

SPX -66.82, 7,641. Thursday rolled over in the pre-market after WMT -10.46, -9.15% announced positive EPS, decelerating growth from pharmacy-related variables and issued lower than expected current quarter guidance.  The SPX, fell below its August 4 S-1 support and still remained above June resistance.  Breadth turned negative as decliners led on both the NYSE and the NASDAQ exchanges.

The VIX closed higher, suggesting that institutions were net opening hedges.

Retail stocks BBY AZO HD TJX DLTR COST ROST ULTA AMZN also moved lower today after WMT earnings.

Technology & semiconductor stocks were mixed on Thursday: LITE MU STX SNDK WDC VRT TSM AMD ARM AVGO AMAT were up and META NVDA DELL MSFT PLTR GOOGL AAPL CIEN NET CRWD were down.

RUT 2,992 opened and closed lower in a 4-day bull flag pattern.

SPX advancers: NDSN COIN DE LITE Q MRVL CF MOS CBOE ARE YUM MU.

SPX decliners: MRNA WMT ISRG CRWD STLD BSX CCL AXON CSGP NRG RCL.

SPCX closed at 134.00, -5.65 on volume of 119.4 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

SPY -6.61, a bull flag pattern, average volume of 45.4 million shares.

VIX +1.12, 16.01 closed higher. 

NDX -0.72% a bull flag pattern in 3-month channel.

DJI, 52,759 -1.32%, bull flag pattern, accelerating counter-trend.

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

Up:

Down: QQQ, SPY, DIA, IWM,

The SPY MFC green line is down at 80.6 price-action on Thursday, closed above horizontal resistance ($760.40) for a thirteenth day and is counter-trend defensive. -6.1

Two of eleven sectors were higher on Thursday.  XLK Technology sector was -0.29%.

33 of 100 NDX stocks closed higher on Thursday.

52 NDX stocks are above their 30 DMA: FAST, AMGN, ADP, PAYX, PYPL, REGN, INTU, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, GEHC, CEG, AMZN, MDB, CRWV, LITE, NFLX, NVDA, PLTR, WBD, AXON, GILD, SPCX, VRTX, FANG, ASML, TER, MU, MRVL, NBIS, SNDK, PDD, KDP, PEP, CSX, CTAS, MELI, MSTR, TSLA, MNST,

NDX Stocks to Watch on Friday

Moving Above 30 DMA = 1

MNST,

Moving Below 30 DMA = 10

COST, CRWD, FER, ISRG, KHC, ORLY, PANW, RKLB, TMUS, XEL,

Add Comments here:

RUT, DJI, SPX Closed Higher...NDX Closed Lower on Weakness in Technology Sector and Semiconductor Stocks...Breadth Strengthened...

 

© 2026

SPX +16.22, 7,708. Wednesday was a mixed day with RUT, DJI and SPX higher and the NDX moved lower on semiconductor and technology weakness.  The SPX, DJI and RUT breakouts remain above June resistance.  Breadth turned positive as advancers led on both the NYSE and the NASDAQ exchanges.

SPX closed back above 7,700 after one day below on below average volume. Closed above 7,700 for an eleventh day.   The VIX closed lower, suggesting that institutions were net closing hedges. 

RUT 3,032 forms a bullish harami candle in a bull flag pattern.

SPX advancers: MRNA EL MRK ARE MRVL COIN NEM FICO CSGP CPRT BLDR.

SPX decliners: STX STLD WDC DELL LRCX KEYS COHR TER FLEX NUE Q.

SPCX closed at 139.65, -3.69 on volume of 75.1 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  Absorbing insider/private selling, between August 6 to 17, does not mean the stock is not speculative, but it does mean there were more buyers than sellers and intelligent speculative buyers are speculating to make money.

SPY +1.61, a bull flag pattern, below average volume of 39.6 million shares.

VIX -0.97, 14.87 closed near 3-month low. 

NDX -0.22% a bull flag pattern in 3-month channel.

DJI, 53,463 +0.22%, bull flag pattern.

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

Up: IWM, DIA, SPY,

Down: QQQ,

The SPY MFC green line is down at 86.7 price-action on Wednesday, closed above horizontal resistance for a twelfth day and is short-term bullish. -2.3

Six of eleven sectors were higher and XLU unchanged on Wednesday. 

57 of 100 NDX stocks closed higher on Wednesday.

61 NDX stocks are above their 30 DMA: FAST, AMGN, ADP, PAYX, PYPL, REGN, INTU, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, COST, CPRT, DASH, DXCM, MSFT, CMCSA, GEHC, CEG, AMZN, CRWD, MDB, ORLY, PANW, CRWV, LITE, NFLX, NVDA, PLTR, WBD, AXON, GILD, RKLB, SPCX, VRTX, FANG, ISRG, ASML, TER, MU, MRVL, NBIS, SNDK, XEL, PDD, KDP, PEP, TMUS, CSX, CTAS, FER, KHC, MELI, MSTR, TSLA,

NDX Stocks to Watch on Thursday

Moving Above 30 DMA = 7

CSX, CTAS, FER, KHC, MELI, MSTR, TSLA,

Moving Below 30 DMA = 6

CCEP, LRCX, SNPS, SBUX, STX, TTWO,

Add Comments here:

DJI, SPX, RUT Closed Lower, Formed Bull Flag Patterns...NDX Closed Lower Formed Bull Flag in a Channel...

© 2026

SPX -53.30, 7,691. Closed below 7,700 after closing above for ten days.  The SPX, DJI and RUT breakouts remain above June resistance.  The SPX was down slightly on average volume and the VIX closed higher for a second day, suggesting that institutions were net adding hedges.  RUT 3,017 forms a two-day bull flag pattern.

Breadth remained negative as decliners led on both the NYSE and the NASDAQ exchanges.  

AMAT -20.98, -3.92%, traded in Friday’s pullback range following an EPS beat on Thursday.

SPX advancers: TRGP PODD ULTA INTU MNST ERIE GDDY TYL LLY ADBE ABBV.

SPX decliners: COHR LITE STX SNDK CIEN TER JBL MRVL GLW FLEX WDC.

SPCX closed at 143.34, -2.89 on volume of 84.1 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  Absorbing insider/private selling, since August 6, does not mean the stock is not speculative, but it does mean there are more buyers than sellers and intelligent speculative buyers are speculating to make money.

SPY -0.68%, 3-day bull flag pattern, average volume of 43.9 million shares.

VIX +0.65, 15.84 up for a second day. 

NDX -1.68% formed bull flag pattern.

DJI, 53,343 -0.22%, bull flag pattern.

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

Up:

Down: DIA, SPY, IWM, QQQ,

The SPY MFC green line is down at 89, price-action on Tuesday, closed above horizontal resistance for an eleventh day and is short-term bullish. -2.1

Four of eleven sectors were higher on Tuesday. 

45 of 100 NDX stocks closed higher on Tuesday.

60 NDX stocks are above their 30 DMA: FAST, AMGN, ADP, PAYX, PYPL, REGN, INTU, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, BKR, COST, CPRT, DASH, DXCM, MSFT, CMCSA, GEHC, CEG, AMZN, CRWD, MDB, ORLY, PANW, CRWV, LITE, NFLX, NVDA, PLTR, WBD, AXON, GILD, RKLB, SNPS, SPCX, VRTX, FANG, ISRG, ASML, SBUX, TER, LRCX, MU, MRVL, NBIS, STX, SNDK, XEL, PDD, CCEP, KDP, PEP, TMUS, TTWO,

NDX Stocks to Watch on Wednesday

Moving Above 30 DMA = 5

CCEP, KDP, PEP, TMUS, TTWO,

Moving Below 30 DMA = 8

ADI, AMD, CSX, INTC, MPWR, MSTR, PCAR, WDC,

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