Wednesday, September 9, 2026

NDX, RUT, SPX, DJI Closed Lower...VIX Rose...Breadth Weakened...Energy Sector Closed Higher, Technoloy Sector Unchanged...


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SPX -37.16, 7,636 opened and closed lower, below the low of the high day.  Oil /CL rose +.62 and closed above its July 23 high for a second day.  Breadth weakened as decliners led on both the NYSE and the NASDAQ exchanges.  Slow Mo, the Middle East, oil, gold, silver volatility continue to affect the SPX.

The VIX rose again on Wednesday and closed at 16.46.  RUT 2,960 pulled back on Tuesday.

SPX advancers: DDOG META FICO HPE HCA HPQ AKAM MRVL FFIV IBM TER.
SPX decliners: CASY VRT CHTR CMCSA COO PSKY IP FSLR SW DLTR FISV.

SPY -3.56, -0.46%, on below average volume of 32.7 million shares, close below the high of the low day. 
VIX +0.74, 16.46 closed higher for a fourth day, .
NDX -0.29% a doji pause day.
DJI, 52,380 -0.77%, closed at its lowest close since July 30.

Up:
Down: QQQ, SPY, DIA, IWM,


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


SPCX closed at 147.55, -5.92, on volume of 120.4 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12. 

The SPY MFC green line is up slightly at 76.1, price-action on Wednesday, is still above the low of low day Sept. 1 and is short-term bullish. +0.2.

One of eleven sectors was higher and XLK was unchanged on Wednesday. 


24 of 100 NDX stocks closed higher on Wednesday.

33 NDX stocks are above their 30 DMA: REGN, BKR, CPRT, MSFT, CEG, LITE, PLTR, WBD, GILD, SPCX, MU, SNDK, KDP, MSTR, TSLA, QCOM, NVDA, AAPL, ALNY, META, CRWD, AMD, CRWV, INTC, NBIS, LRCX, MRVL, STX, ARM, ASML, WDC, FANG, TER,

NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 2
FANG, TER,


Moving Below 30 DMA = 6
AEP, CMCSA, KLAC, MELI, VRTX, TMUS,



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