©
2026
SPX +35.13, 7,666, opened higher, formed a white candle, closed
above the high of the low day in an extended bull flag pattern as oil prices
traded in a range and closed down 5 cents.
Once again, SPX closed below 7,700.
Breadth strengthened as advancers led on both the NYSE and
NASDAQ exchanges. The VIX closed
lower. RUT 2,953 rose on Wednesday.
SPX
advancers: DELL RDDT CHTR SWKS XYZ STLD TTD BBY NUE PYPL TKO.
SPX
decliners: PANW DDOG EIX PLTR CRWD PCG OMC FTNT CBOE NOW LDOS.
After-hours:
SNOW +70.76, +23.14%, EPS $0.62 beats $0.45 estimate, sales
$1.547B beat $1.482B estimate.
AVGO -3.01,
-0.82%,
EPS $3.32 beats
$3.24 estimate, sales $13.088B miss $29.362B estimate.
SPCX closed at 140.71, -1.52, on volume of 49.9 million shares. Our view
is that SPCX, with no earnings, remains an overvalued speculation.
IPO at 135 on June 12.
SPY +3.38, +0.44%, below average
volume of 29.5 million shares, it did bounce above the high of the low
day. Watch for price to stay above Tuesday’s
low of $759.48.
VIX -1.14, 15.20 reversed yesterday’s bounce.
NDX +0.23% a small
bullish engulfing.
DJI, 53,061 +0.56%, closed just below
its 30 DMA and above ST support.
Mega caps NVDA, META, MU, GOOGL, BRK/B, AMZN, TSM, TSLA, WMT, LLY rose,
and AAPL, MSFT, AVGO fell on Wednesday.
Up: IWM, DIA, SPY, QQQ,
Down:
The SPY
MFC green line is
flat at 75.2,
price-action on Wednesday, closed above
the high of the low day, a bull flag bounce and is short-term bullish. -0.3
Nine
of eleven
sectors were higher on Wednesday.
54
of 100
NDX stocks closed higher on Wednesday.
41 NDX stocks are above their 30
DMA: AMGN, ADP, PAYX, REGN,
INTU, ROP, ADBE, TRI, WDAY, ABNB, BKR, CPRT, DASH, DXCM, MSFT, CMCSA, CEG, LITE,
NFLX, PLTR, WBD, GILD, SPCX, VRTX, MU, SNDK, KDP, MELI, MSTR, TSLA, SBUX, SNPS,
QCOM, NVDA, AAPL, KHC, TMUS, ALNY, FANG,
NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 2
META, PEP,
Moving Below 30 DMA = 6
ADSK,
CRWD, FTNT, GEHC, MDB, PANW,
Add
Comments here:
No comments:
Post a Comment