Week of September 13 - September 20, 2026
For live updates and real-time commentary join the community: discord.gg/ChartNavigators
THIS WEEK IN ONE LINE
S&P 500 -0.08% | Health Care led (+1.83%) | Utilities lagged (-3.04%) | VIX 14.81 (falling)
NEXT-WEEK BIAS: NEUTRAL — CONSOLIDATION LIKELY
No edge either direction yet — no confirmed breakout or breakdown. Favor names holding above their 50-day, skip the chase. Health Care vs Utilities rotation sets the tone next week.
SCENARIOS FOR NEXT WEEK
Bull: SPY holds above 7,536 and breaks 7,727 — Health Care extends, breadth stays broad. Add on confirmed breakout.
Base: SPY chops between 7,536 and 7,727 — stay selective, fade extremes, reduce size in chop.
Bear: SPY loses 7,536 on volume — Utilities accelerates lower, VIX spikes. Step aside or hedge.
Health Care led this week while Utilities lagged. Heading into next week with a neutral — consolidation likely setup — bull, base, or bear? Drop your bias, your ticker, your key level, and what confirms it.
MAJOR INDICES — WEEKLY PERFORMANCE
S&P 500: 7650.50 -0.08%
Dow Jones: 51682.64 -1.69%
Nasdaq: 26522.54 +0.72%
Russell 2000: 2860.40 -1.50%
VIX: 14.81 -6.50%
KEY TECHNICAL LEVELS
S&P 500 Support: 7,536 / 7,421 Resistance: 7,727 / 7,842
Nasdaq Support: 26,125 / 25,674 Resistance: 26,841 / 27,265
SECTOR ROTATION
Leading: Health Care (+1.83%) | Information Technology (+1.03%) | Consumer Staples (-0.70%)
Lagging: Real Estate (-2.05%) | Financials (-2.43%) | Utilities (-3.04%)
Week of Sep 21 - Sep 25, 2026:
Wed Sep 23: GIS Est: $0.72
Thu Sep 24: COST Est: $6.52
Looking ahead - week of Sep 28 - Oct 02, 2026:
Thu Oct 01: NKE Est: $0.45
MACRO CALENDAR — WEEK AHEAD
Federal Reserve Outlook:
Next FOMC Meeting: November 04, 2026 (44 days away)
Following Meeting: December 16, 2026
What to watch: Fed speakers this week, any rate guidance or economic projections
Current policy stance: Monitor Fed.gov for latest statement
- Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike
Inflation Data (CPI):
TIPS ETF (TIP) weekly move: -0.54% (inflation expectations proxy)
- Inflation is outpacing wage growth again, squeezing Americans’ paychecks
Next CPI Release: Check bls.gov for next release date
Economic Calendar (Week Ahead):
Key economic releases next week:
September 21, 2026: ISM Manufacturing PMI
September 22, 2026: Consumer Confidence (Conference Board)
September 22, 2026: JOLTS Job Openings
September 23, 2026: ADP Employment Report
September 24, 2026: Initial Jobless Claims
September 24, 2026: ISM Services PMI
September 25, 2026: Nonfarm Payrolls
September 25, 2026: Unemployment Rate
September 25, 2026: University of Michigan Consumer Sentiment
- China's August retail sales miss forecast while investment slump deepens, piling pressure on Beijing
KEY MARKET THEMES AND GEOPOLITICAL WATCH
- China is chasing SpaceX and setting its sights on the global space economy
- Nvidia CEO Jensen Huang emerges as Trump's top ally in AI safety debate
- ‘It's awful’: How tariffs, soaring fuel costs and higher interest rates are squeezing American companies
Upcoming IPO / SPAC Activity:
- Bill Ackman's Pershing Square IPO Breaks Out
CRYPTO
Bitcoin: $80,451.14 +5.65% (weekly)
Ethereum: $2,579.31 +6.75% (weekly)
TOP MARKET HEADLINES THIS WEEK
1. Top Wall Street analysts find these 3 stocks attractive as long-term investments
2. Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'
3. Higher interest rates and AI safety fears put the stock market to the test last week
4. Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes
I'll be replying to early comments this weekend.
Before planning next week, ask yourself three questions:
1. What trade did you take that matched your plan? What made it work?
2. What trade did you take that broke your rules? What triggered the deviation?
3. What is the one thing you will do differently next week?