Outside of the Nasdaq Composite, which is being pushed up by technology stocks, most U.S. stocks are in a different world. That world is called a bear market. The daily Dow Jones Industrial Average (DJI), Dow Jones Transportation Average (DJT), and Dow Jones Utility Average (DJU) chart courtesy of Trading View examines their relationship. AlmostContinue reading “U.S. Stocks are in a Bear Market – Part – Two”
Author Archives: Mark Rivest
Very Narrow U.S. Stock Peak – 10/02/26
Today – 10/02/26 of the three main U.S. stock indices; Nasdaq Composite (IXIC), S&P 500, and Dow Jones Industrial Average, only IXIC made a new all-time high. Of the eleven “State Street Sector” ETF’s only the technology sector – ETF (XLK) made a new all-time high. This narrow section of stocks could be signaling aContinue reading “Very Narrow U.S. Stock Peak – 10/02/26”
Watch the U.S. Technology Stock Sector – 10/02/26
The 09/26/26 blog “September 28, 2026 – Final U.S. Market Stock Peak?” noted “The ideal scenario for 09/28/26 would be for both Nasdaq Composite (IXIC) and Technology stock sector – ETF (XLK) to make new highs unconfirmed by S&P 500 (SPX) and Dow Jones Industrial Average (DJI). If this occurs it could signal an importantContinue reading “Watch the U.S. Technology Stock Sector – 10/02/26”
U.S. Stocks are in a Bear Market – September 2026
On the surface the three main U.S. stock indices; S&P 500 (SPX), Nasdaq Composite, and Dow Jones Industrial Average are close to their all-time highs. By measurement of price these indices are in bull markets. If you look underneath the surface most U.S. stocks are in a bear market. The daily SPX chart courtesyContinue reading “U.S. Stocks are in a Bear Market – September 2026”
September 28, 2026 – Final U.S. Market Stock Peak?
A Full Moon and momentum divergence could signal an important U.S. stock market top. The daily chart courtesy of Trading View shows the relationship of the three main U.S. stock indices. S&P 500 (SPX), Nasdaq Composite (IXIC), and Dow Jones Industrial Average (DJI). When only one of the three major U.S. stock indices reaches aContinue reading “September 28, 2026 – Final U.S. Market Stock Peak?”
Rising U.S. Treasury Yields – September 2026
Yields are rising across the entire range of U.S. Treasury debt. This trend could continue for several weeks. The 09/10/26 blog “Upside Targets for U.S. Treasury Yields – September 2026” noted the yields for U.S. 30 – year Treasury Bonds (TYX) could reach 6.00 to 6.50 sometime in October 2026. The daily TYX chart alongContinue reading “Rising U.S. Treasury Yields – September 2026”
Post Triangle Thrust Up – 09/21/26
This website’s prior blog illustrated that the technology stock ETF (XLK) may have begun a post Horizontal Triangle thrust up. Today 09/21/26 XLK blasted upwards. The daily XLK chart courtesy of Trading View updates the action. The bullseye termination point is 214.35. This movement is probably an Elliott fifth wave and confirmation is just oneContinue reading “Post Triangle Thrust Up – 09/21/26”
U.S. Technology Stocks Surging to New Highs?
On 06/03/26 the technology stock ETF (XLK) reached its all-time high. After 06/03/26 – S&P 500 (SPX) continued to make new highs and reached their peak on 08/13/26. The bearish divergence of XLK to SPX is significant because technology stocks have been strongest sector of the U.S. bull market that began in April 2025. SPXContinue reading “U.S. Technology Stocks Surging to New Highs?”
Crude Oil Turning Point?
The 08/16/26 blog “Crude Oil Near-Term Target – 95.00” noted Crude Oil’s broad resistance area was 95.00 to 100.00. The 09/12/26 blog “Crude Oil Reaches – 100.00” noted “On 09/11/26 Crude Oil reached 100.03, almost the exact level of the 05/18/26 peak of 100.10.” Also noted, “Another price spike up from current levels could quicklyContinue reading “Crude Oil Turning Point?”
Fascinating Fibonacci Levels
Recent S&P 500 (SPX) movements have terminated at very interesting levels. The hourly SPX chart courtesy of Trading View shows the action from July to September. After the U.S. – FOMC decision to raise interest rates the SPX plunged more than 100 – points. It looked like the bears would continue the downward rampage untilContinue reading “Fascinating Fibonacci Levels”
