Friday, September 4, 2026

RUT, NDX Closed Higher...SPX, DJI Closed Lower...Breadth Was Mixed...VIX Inched Up...Markets are Closed Monday...Have a Wonderful Labor Day Weekend...


© 2026


SPX -29.11, 7,718,


more to follow...





SPX advancers: SNDK KLAC MRVL COHR NRG STX MU WDC GLW TER LRCX.
SPX decliners: LULU FICO ADSK ADBE EFX PTC TSLA SNPS WDAY NFLX DASH.


SPCX closed at 147.954, -1.79, on volume of 49.1 million shares. Our view is that SPCX, with no earnings, remains an overvalued speculation.  IPO at 135 on June 12.  As I have mentioned multiple times in our iBullyBear mentoring sessions, the market has been willing to absorb private shareholder selling since August 6.

SPY -2.98, -0.39%, average volume of 34 million shares, bounce pause day red spinning top. 
VIX +0.21, 14.53 closes higher. 
NDX +0.21% a bounce continuation doji.
DJI, 53,414 -0.51%, closed above its 30 DMA.


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


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

The SPY MFC green line is up at 76.3, price-action on Friday, a bull flag bounce pause and is short-term bullish. +0.3

Three of eleven sectors were higher on Friday. 


43 of 100 NDX stocks closed higher on Friday.

41 NDX stocks are above their 30 DMA: AMGN, ADP, REGN, ROP, TRI, WDAY, ABNB, BKR, CPRT, DXCM, MSFT, CMCSA, CEG, LITE, NFLX, PLTR, WBD, GILD, SPCX, VRTX, MU, SNDK, KDP, MELI, MSTR, TSLA, QCOM, NVDA, AAPL, TMUS, ALNY, META, CRWD, ALAB, AMD, CRWV, INTC, NBIS, LRCX, MRVL, STX,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 8
ALAB, AMD, CRWV, INTC, NBIS, LRCX, MRVL, STX,


Moving Below 30 DMA = 8
ADBE, AZN, CCEP, DASH, FANG, INTU, PAYX, SNPS,



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