Wednesday, October 28, 2026

NDX, RUT, SPX, DJI Closed Higher...VIX Lower...Breadth was Weaker...Afterhours: MSFT up, GOOGL down...

 
© 2026

Watch this episode of the All In podcast with four individuals discussing the status of Super Intelligence and three members Jason, David and Chamath discuss the status of France, Europe and the U.S., government inefficiencies at 52 minutes pay attention to the Public Spending chart they show and at 1 hour and 27 minutes the Tax Revenue vs. GDP chart, and solutions to spending problems.

click here:  https://www.youtube.com/watch?v=6czo-C3FU7I


SPX +21.38, 7,743 closed higher.  Breadth weakened as advancers declined, and decliners led on the NYSE and advancers led on the NASDAQ exchange. 

SPX advancers: VRT ORCL LH SNDK GEHC MU LITE LRCX AMAT PWR STX.
SPX decliners: FFIV CSGP CHRW LII BKR ODFL FTNT BSX GRMN SW XYL.

Earnings season continues as 167 SPX companies report this week including GOOGL and
MSFT today and AMZN tomorrow, Thursday after the close.

After hours:
GOOGL -32.39, -9.97%, EPS $2.12 misses $3.02 estimate, sales $127.577B miss $128.175B estimate.
MSFT +15.29, +2.88%, EPS $4.89 beats $4.72 estimate, sales $92.279B beat $90.663B Estimate


Oil /CL rose +1.74, and closed at 101.94.

SPY +2.65, +0.34%, below average volume of 30.1 million shares. 
VIX -0.61, 16.91 closed lower.

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


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


SPCX closed at 145.23, -3.35, volume of 99.2 million shares. SPCX reached an important milestone by becoming profitable last Tuesday.  Revenues were a $58 billion annual run rate.  Our view is that SPCX, proved its ability to produce profits from its business plan.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future and it took a major step forward on Tuesday.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line was flat at 52, price-action higher and is short-term bullish. -0.5.

Six of eleven sectors were higher on Wednesday, XLK +0.80%. 


51 of 100 NDX stocks closed higher on Wednesday.

59 NDX stocks are above their 30 DMA: AAPL, ISRG, TXN, MSFT, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ORLY, TRI, XEL, MRNA, AMGN, KDP, EXC, FANG, GEHC, IDXX, MDLZ, CSX, ABNB, AZN, GILD, INTU, MNST, REGN, ADBE, HON, PAYX, ROP, SBUX, WDAY, PEP, PLTR, KHC, NXPI, TSLA, VRTX, CPRT, CRWD, DDOG, ADI, AXON, CSCO, MCHP, MDB, PANW, SNPS, CDNS, FER, QCOM, AMZN, AVGO,

NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 2
AMZN, AVGO,   


Moving Below 30 DMA = 3 
BKR, FTNT, ODFL,



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