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”
Category Archives: Momentum
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?”
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?”
Crude Oil Reaches – 100.00
The prior two Crude Oil blogs on this website noted that Oil bulls were out of time. The 09/06/26 blog illustrated important Crude Oil resistance at 90.00. The bulls were able to blast above the resistance level and reached 100.00. A break above 100.00 next week could open the door to 113.00 and beyond. Continue reading “Crude Oil Reaches – 100.00”
Upside Targets for U.S. Treasury Yields – September 2026
Yields on long and short – term U.S. Treasury Debt have been rising. If the trend continues it could have an adverse effect on the U.S. economy and stocks. The monthly – 30 – year Treasury Yield chart (TYX) courtesy of Trading View shows the very long – term view. Currently monthly RSI has aContinue reading “Upside Targets for U.S. Treasury Yields – September 2026”
Are Oil Bulls Out of Time? – Part – Two
In the 08/30/26 blog “Are Oil Bulls Out of Time?” it appeared that Crude Oil may have completed or was close to completion of an Elliott wave – Inverse Horizontal Triangle. The blog noted that a move above the 08/21/26 peak at 85.46 was bullish. This movement did happen and invalidated the presumed Inverse HorizontalContinue reading “Are Oil Bulls Out of Time? – Part – Two”
