©
2026
Our
iBullyBear Mentoring
account once again hit a new all-time Net Liq high today on strength in
LITE, MU, NET, AAPL, AMUU and several other gainers on Tuesday. 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.
Stay
Focused
on the trend. Don’t be
distracted by price fluctuations or subjective opinions.
SPX -0.06, 7,7664 a trading range pause day on Tuesday.
Breadth was mixed as advancers led on the NASDAQ exchange. A drop in oil prices along with buying in select
technology stocks and mega-caps added some stability to broad markets.
RUT 2,889 bounced +14.56. Oil /CL fell -2.12 and
closed at 89.85.
SPX
advancers: SNDK LEN MRNA MU STX TER ALGN AMGN MTD EL SWK.
SPX
decliners: GEN GDDY RCL SCHW ALL CHTR DELL ADBE CSCO AMP DGX.
SPY -0.12, -0.22%, below
average volume of 34.7 million shares, pause day.
VIX -0.66, 14.21 closed down.
NDX +0.82% made a new intra-day and closing high, is a horizontal
breakout setup at its June high.
DJI, 51,863 -0.36%, a red
candle pause day.
Up: QQQ, IWM,
Down: SPY, DIA,
Mega caps MU, TSM, AMD, TSLA, NVDA, AVGO, LLY, BRK/B, AAPL rose,
and META, MSFT GOOGL AMZN fell on Tuesday. AMD remained above a $1T
market cap and we are adding it to our mega cap list and dropping WMT which
fell below $1T market cap on its last earnings release and has yet to recover.
SPCX closed at 151.85, +2.87, volume of 59 million shares. Our view is
that SPCX, with no earnings, remains an overvalued speculation.
IPO at 135 on June 12. In the end if
buyers are greater than sellers the stock will rise. People seem to be willing to speculate on
this company’s fundamental future.
The SPY
MFC green line is
up at 51.8,
price-action on Tuesday is a BO pause
day and is short-term bullish. +10.3
Six
of eleven
sectors were higher on Tuesday.
72
of 100
NDX stocks closed higher on Tuesday.
44 NDX stocks are above their 30
DMA: GILD, SPCX, MSTR,
TSLA, QCOM, AAPL, META, AMD, INTC, AZN, CRWD, FTNT, PANW, ISRG, LITE, MRVL,
PLTR, GOOGL, MU, NXPI, SNDK, ADI, ALAB, DXCM, NBIS, NVDA, STX, TER, TXN, ALNY,
APP, DDOG, MPWR, MSFT, RKLB, WBD, ASML, MAR, MDB, KLAC, LRCX, MCHP, SNPS, WDC,
NDX Stocks to Watch on Wednesday
Moving Above 30 DMA = 8
ASML, MAR, MDB, KLAC,
LRCX, MCHP, SNPS, WDC,
Moving Below 30 DMA = 0
Add
Comments here:
