Friday, January 30, 2026

NDX, SPY, DJI Closed Lower Led by weakness in the Technology Sector...DECK, SNDK, AAPL Closed Higher on Positive EPS Reactions...


© 2026


SPX -29.98, 6,939, opened lower and fell a total of -75 points, followed by an afternoon rally to close lower.  Breadth weakened as decliners increased on both the NYSE and NASDAQ exchanges.  The selloff primarily occurred in technology, which was the weakest sector led by APP -16.89%, KLAC -15.24%, WDC -10.12% and STX -8.71%.

SMH -3.37% opened lower and trended lower to a lower close led by KLAC, AMD, LRCX, AMAT, MU and INTC which fell more than 4% each on Friday.


DECK +19.46%, SNDK +6.85% and AAPL +0.46%, rose on positive earnings reactions and KLAC -15.24% and WDC -10.12% fell after reporting both EPS and sales beat.


SPY traded above average volume of 101.8 million shares on Friday.
VIX closed +0.56, up at 17.44
NDX -1.28%, mid-channel BO test and re-BO setup, -2.17% below all-time closing high on October 29, 2025.
DJI, 48,892, -0.36%, red hammer candle.


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


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

The SPY MFC green line is up to 87.4, and price-action is short-term bullish. +1.2 

Five of eleven sectors were higher on Friday led by XLP, XLE and XLV.  Technology -2.04% was the worst performing sector led by APP, KLAC, WDC, STX.  


36 of 100 NDX stocks closed higher on Friday.

50 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, AMAT, WDC, TXN, DXCM, ODFL, BKNG, MCHP, CMCSA, LIN, HON, KLAC, LRCX, MU, ASML, GOOGL, INTC, MPWR, STX, BKR, SBUX, COST, CPRT, FAST, AEP, MDLZ, ORLY, AMD, AMGN, XEL, EXC, GILD, FANG, FER, MELI, VRTX, AMZN, NVDA, CSX, FTNT, META, CSCO, PEP, CCEP, ROST, CHTR, CTAS, TMUS,

NDX Stocks to Watch on Monday:
Moving Above 30 DMA = 3
CHTR, CTAS, TMUS,


Moving Below 30 DMA = 2
MAR, NXPI,



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Thursday, January 29, 2026

DJI Closed Slightly Higher, SPX Slightly Lower, NDX Closed Lower Led by MSFT -9.99%...After-hours: SNDK, DECK, AAPL, WDC up, KLAC down...


© 2026

SPX -9.02, 6,969, opened flat before falling -106 points followed by a day-long recovery to close slightly lower.  Breadth strengthened as advancers increased on both the NYSE and NASDAQ exchanges, but decliners still led on the NASDAQ.  The selloff was primarily led by mega-cap MSFT -9.99%, which had a negative EPS reaction notwithstanding its sales and EPS beat Wednesday after the market closed.

SMH +0.21% opened higher sold off with the tech and the SPX, before recovering to make a new high close on Thursday, as LRCX, ASML, AMAT, TXN, NVDA and MU rose.


After the close, SNDK +14.59%, DECK +12.11%, AAPL +0.72%, WDC +1.01%, rose on positive earnings reactions and KLAC -7.66% fell after both EPS and sales beat.


SPY traded above average volume of 96.6 million shares on Thursday.
VIX closed +0.53, flat at 16.88
NDX -0.53%, mid-channel BO test and re-BO, -0.90% below all-time closing high on October 29, 2025.
DJI, 49,071, +0.11%, white engulfing candle.


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


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

The SPY MFC green line is up to 86.3, and price-action is short-term bullish. +2.3 

Six of eleven sectors were higher and XLU was unchanged on Thursday led by XLC, XLRE and XLF.  Technology -1.58% was the worst performing sector led by MSFT -9.99%.  


39 of 100 NDX stocks closed higher on Thursday.

49 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, AMAT, WDC, TXN, DXCM, ODFL, BKNG, MCHP, CMCSA, LIN, HON, KLAC, LRCX, MU, ASML, GOOGL, INTC, MPWR, STX, BKR, SBUX, COST, CPRT, FAST, AEP, MDLZ, ORLY, AMD, AMGN, XEL, EXC, GILD, FANG, FER, MELI, VRTX, AMZN, NVDA, CSX, FTNT, META, CSCO, PEP, CCEP, NXPI, MAR, ROST,

NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 2
MAR, ROST,


Moving Below 30 DMA = 7
AZN, CDNS, CRWD, CSGP, DDOG, MSFT, SNPS,



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Wednesday, January 28, 2026

NDX, DJI Closed Higher, SPX Closed Flat after Fed Leaves Rates Unchanged, IWM Closed Lower...After-hours: META, IBM, LRCX, TSLA Up on Positive Earnings Reactions, MSFT Down...


© 2026


SPX -0.57, 6,978, traded in a range, made a new intra-day high before it closed less than one point lower.  The Fed left rates unchanged as expected and Powell conducted a professional press conference. Breadth weakened as decliners led on both the NYSE and NASDAQ exchanges.  SMH +2.30% closed at a new-high on Wednesday, as INTC, TXN, MU, NVDA, AMAT and TSM rose.


After the close, META +7.82%, IBM +7.14%, LRCX +6.31%, TSLA +2.36% rose on positive earnings reactions and MSFT -6.44% fell after an EPS and sales beat.

AAPL and WDC report EPS Thursday after-the-close.


SPY traded below average volume of 60.7 million shares on Wednesday.
VIX closed +0.00, flat at 16.35
NDX +0.32%, channel bounce continuation near resistance BO, -0.37% below all-time closing high on October 29, 2025.
DJI, 49,015, +0.02%, formed a spinning top.


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


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


The SPY MFC green line is up to 84, and price-action is short-term bullish. +6.6 

Two of eleven sectors were higher on Wednesday led by XLK, XLE and XLF.  


40 of 100 NDX stocks closed higher on Wednesday.

54 NDX stocks are above their 30 DMA: MNST, PCAR, ADI, AMAT, WDC, TXN, DXCM, ODFL, SNPS, BKNG, MCHP, CMCSA, LIN, HON, KLAC, LRCX, MU, ASML, GOOGL, INTC, MPWR, STX, BKR, SBUX, COST, CPRT, FAST, AEP, MDLZ, ORLY, AMD, AMGN, XEL, EXC, GILD, FANG, FER, MELI, VRTX, AMZN, CSGP, NVDA, AZN, CDNS, CSX, FTNT, META, CSCO, DDOG, PEP, CCEP, CRWD, MSFT, NXPI,

NDX Stocks to Watch on Thursday:
Moving Above 30 DMA = 1
NXPI,


Moving Below 30 DMA = 6
ARM, AXON, CTAS, CTSH, EA, REGN,



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