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: