Monday, November 9, 2026

NDX, RUT, SPX, DJI Closed Higher...VIX Closed Lower...Industrials, Technology Led Secotor Rally...Breadth Strengthens...

 
© 2026


SPX +173.08 7,549 a very large move up as oil moved lower which opened and closed higher above Friday’s harami as the industrial and technology sectors led the rebound.  Breadth strengthened as advancers led on both the NYSE and NASDAQ exchanges.  

The CPI report is Tuesday 8:30 am ET before the market open.

SPX advancers: COHR AMD TER BE AMAT FERG LITE CIEN CEG LRCX NRG.
SPX decliners: FSLR NVDA TTWO AKAM AXON DVA HSY HUM PM ACN GDDY.

Oil /CL fell -3.96 and closed at 86.38.

SPY +17.40, +2.37%, above average volume of 50.2 million shares. 
VIX -5.72, 19.92 closed lower.

Up: QQQ, IWM, SPY, DIA,
Down:   

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

SPCX closed at 142.07, +7.80, volume of 103.4 million shares. Our view is that SPCX proved its ability to produce profits in its last quarterly report.  IPO at 135 on June 12.  Investors seem to be willing to speculate on this company’s long-term fundamental future.  Rumors continue to circulate that SpaceX may acquire TSLA. 

The SPY MFC green line turned up at 22.4, price-action closed above the high of the following day, is above Sep 16 support and is short-term bullish. +7.

All eleven sectors were higher on Monday, XLK +3.92%. 


84 of 100 NDX stocks closed higher on Monday.

53 NDX stocks are above their 30 DMA: ISRG, TXN, MAR, FAST, COST, LIN, ADSK, AEP, PYPL, ADP, CCEP, CTAS, ORLY, XEL, MRNA, AMGN, KDP, EXC, GEHC, IDXX, MDLZ, CSX, AZN, GILD, INTU, MNST, REGN, HON, PAYX, ROP, SBUX, PEP, KHC, NXPI, VRTX, CPRT, FER, CMCSA, PDD, ABNB, AAPL, AMZN, BKNG, MSFT, TMUS, TTWO, APP,  CDNS, CEG, MPWR, ROST, TSLA, TXN,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 6
CDNS, CEG, MPWR, ROST, TSLA, TXN,


Moving Below 30 DMA = 1    
TRI,



Add Comments here:

No comments: