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2026
SPX +98.45 7,619 opened
and closed higher in a bounce continuation day.
Breadth strengthened as advancers led on both the NYSE and NASDAQ
exchanges.
After-hours: NVDA -15.74,
-9.06% at 157.99, falls following
reports that CEO Huang had an affair with an employee. Futures /ES and /NQ pulling back following the decline in NVDA stock.
SPX
advancers: SNDK BE DELL MU LITE COHR MRVL STX SMCI CIEN WDC.
SPX
decliners: CTVA ABNB AMCR MCD MOS MSFT LULU LDOS CAG NVR BF/B.
Oil /CL was
near unchanged -0.01 and closed at 86.33.
SPY +9.89, +1.32%, below average volume of 40.7 million
shares.
VIX -1.97, 17.49 closed lower.
Up: QQQ, SPY, IWM, DIA,
Down:
Mega caps AVGO, TSM, TSLA, NVDA, AAPL, GOOGL, BRK/B, LLY, WMT rose,
AMZN, META, MSFT, SPCX fell on Wednesday.
SPCX closed at 139.75, -3.34, volume
of 112.8 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 is
pointed up slightly at 27.4, price-action continued to bounce
and resumed the rally that started on Friday.
Price closed above Sep 16 support and is
short-term
bullish. +0.5.
Ten of eleven sectors closed
higher on Wednesday, led by XLK +3.23%.
83
of 100
NDX stocks closed higher on Wednesday.
55 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, REGN, HON, PAYX, ROP, SBUX, PEP, KHC,
NXPI, VRTX, CPRT, FER, CMCSA, ABNB, AAPL, AMZN, BKNG, TMUS, TTWO, APP,
MPWR, ROST, TSLA, TXN, RKLB, ADI,
AMD, AVGO, CEG, PCAR, QCOM,
NDX Stocks to Watch on Thursday
Moving Above 30 DMA = 6
ADI, AMD, AVGO, CEG, PCAR, QCOM,
Moving Below 30 DMA = 2
MNST,
MSFT,
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