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2026
Our
iBullyBear Mentoring
account once again hit a new all-time Net Liq high on strength in
AMD, SNDK, NET, LITE DELL and several other gainers on Monday. 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. Even Kevin
Warsh in explaining seven important principles for the Fed said “Trends matter
most.”
SPX +114.20,
7,7664 a bounce continuation on Monday
as the SPX makes a new all-time closing high by 1.52 points. Breadth strengthened as advancers led on both
the NYSE and the NASDAQ exchanges. A drop in oil prices along selective buying in
technology stocks, mega-caps and SPX leaders led to capital flowing into
specific stocks like INTC, AMD, META, ARM, ALAB, MRVL and RKLB.
RUT 2,875 bounced +14.23. Oil /CL fell -3.50 and
closed at 91.97.
SPX
advancers: AKAM MRNA INTC META WBD AMD QCOM GDDY APP DDOG.
SPX
decliners: MHK DINO MPC VLO UPS HPQ PSX CHTR UNP CF COP.
SPY 11.81, +1.55%, above
average volume of 50.4 million shares, led to its second highest close.
VIX +0.06, 14.87 closed up.
NDX +2.83% nearing a multi-month horizontal breakout of its
all-time high in June.
DJI, 52,048 +0.71%, a white
hammer candle closed above the high of the following day.
Up: QQQ, SPY, DIA, IWM,
Down:
Mega caps META, TSLA, MU, TSM, NVDA, AMZN, MSFT, GOOGL, AVGO, LLY,
AAPL, WMT rose, and BRK/B fell on Monday. AMD reached $1.004T
market cap for the very first time on Monday.
SPCX closed at 151.85, -0.86, volume of 81.9 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 turned
up at 41.5
price-action on Monday closed above its
30 DMA and is short-term bullish. +1.7
Seven
of eleven
sectors were higher on Monday. XLC +3.90% and XLK +2.89% led all sectors.
78
of 100
NDX stocks closed higher on Monday.
36 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,
NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 7
ALNY, APP, DDOG, MPWR, MSFT, RKLB, WBD,
Moving Below 30 DMA = 1
WDAY,
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