This website’s prior blog illustrated internal bullish momentum for the U.S. stock market. The current blog shows the sectors where some of the internal momentum is coming from. The first chart courtesy of Trading View shows the action of the Health Care (XLV) sector since February 2026. During the week of 10/12/26 to 10/16/26 whileContinue reading “New U.S. Stock Market Leaders?”
Category Archives: Price
Trendline Break/Fibonacci Support
U.S. stock market may have begun a multi-week decline. Short- term there could be a two or three trading day rally. The SPX – 30 – minute chart courtesy of Trading View updates its intraday action. The 10/11/26 blog “Technology Stocks Relative Weakness – October 2026” illustrated that S&P 500 (SPX) may have been inContinue reading “Trendline Break/Fibonacci Support”
Technology Stocks Relative Weakness – October 2026
On 10/06/26 the technology stock ETF – (XLK) made a new all-time high. Subsequently it has been bearish relative to the S&P 500 (SPX) and the Nasdaq Composite (IXIC). This could be a bearish omen for the broader U.S. stock market. First, we need to examine the long-term performance of the technology sector. The weeklyContinue reading “Technology Stocks Relative Weakness – October 2026”
U.S. Stocks are in a Bear Market – Part – Three
When only one of the three main U.S. stock indices; S&P 500 (SPX), Nasdaq Composite (IXIC), and Dow Jones Industrial Average (DJI) makes a new all-time high it’s a bearish signal. On 08/13/26 only SPX reached a new all-time high. This signal was invalidated on 10/06/26 when both the Nasdaq Composite (IXIC) and S&P 500Continue reading “U.S. Stocks are in a Bear Market – Part – Three”
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?”
