U.S. Stocks are in a Bear Market – Part – Two

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”

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”

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?”

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”

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”