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Massive Rally of Micron Technology Inc.

The 05/23/26 blog “Dow Industrials – From Lagger to Leader” illustrated that on 05/22/26 only one of the three main U.S. indices; S&P 500 (SPX), Nasdaq Composite (IXIC), and Dow Jones Industrial Average (DJI) made an all-time high. The blog also noted “The potential bearish signal made on 05/22/26 will be invalidated if two of…

The Spectacular Nasdaq Rally

The U.S. stock market rise since 03/30/26 has been relentless with only the tiniest of pullbacks. Of the three main U.S. stock indices, Nasdaq Composite (IXIC) has a 29% gain vs. S&P 500 gain of 19%, and Dow Jones Industrial Average 12%. A look underneath the surface reveals a different picture. The daily Nasdaq –…

Dow Industrials – From Lagger to Leader

Since February 2026 the Dow Jones Industrial Average (DJI) upside performance has lagged both the S&P 500 (SPX) and the Nasdaq Composite (IXIC).  On 05/22/26 the DJI made an all-time high unconfirmed by SPX and IXIC.  This action could be a very bearish signal for the U.S. stock market. The daily DJI, SPX, and IXIC…