Friday, October 2, 2026

NDX, RUT, SPX, DJI Closed Higher...Positive Market Reaction on Below Consensus Jobs Report...


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Our iBullyBear Mentoring account achieved a new all-time Net Liq high on strength in MU, AMUU, LITE, AMAT and other gainers on Friday.

Improve trading results by employing a systematic approach to decision-making in the face of uncertainty.  If you want to improve your skills contact us through the iBullyBear link above.








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SPY +5.65, +0.74%, above average volume of 46.3 million shares, close above the high of the low day. 
VIX -1.08, 15.31 fell.
NDX +1.00% price closed above its June high, also at an all-time high.
DJI, 51,176 +0.49%, closed above the high of the low day.

Up: QQQ, IWM, SPY, DIA,
Down: 


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


SPCX closed at 158.96, +10.89, volume of 119.5 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 long-term fundamental future. 

The SPY MFC green line turned up at 58.6, price-action on Friday is a close above the high of the low day bounce and is short-term bullish. +1.0.

Ten of eleven sectors were higher on Friday.  XLK +1.01%.


58 of 100 NDX stocks closed higher on Friday.

44 NDX stocks are above their 30 DMA: MSTR, QCOM, AAPL, META, AMD, INTC, CRWD, FTNT, PANW, ISRG, LITE, MRVL, PLTR, MU, NXPI, SNDK, ADI, ALAB, NBIS, NVDA, TER, TXN, DDOG, MPWR, MSFT, RKLB, WBD, ASML, MAR, KLAC, LRCX, MCHP, SNPS, AMAT, CDNS, SPCX, CRWV, HON, FAST, COST, CSCO, GOOGL, LIN, TSLA,

NDX Stocks to Watch on Monday
Moving Above 30 DMA = 5
COST, CSCO, GOOGL, LIN, TSLA,         


Moving Below 30 DMA = 3
ROST, STX, WDC,



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