Tag: DJIA

(18 October 2026) Stocks declined last week as inflation pressures and the prospect of additional interest rate hikes raised doubts about the economic viability of the AI build-out.  The tech-heavy NASDAQ slumped 5% while the S&P 500 fell 2%.  Interestingly, the broader indexes actually rose modestly on the week as investors rotated out of the AI trade. Is this the start of a larger pullback?  It's quite possible since the bullish alignments are on the wane while the bearish alignments continue to intensify  We had noted the likelihood of some...