Below are highlights from the NDW Morning Update Video for the morning of 09/14/2026.
Below are highlights from the NDW Morning Update Video for the morning of 09/14/2026. Access the video on the NDW Morning Update Video page.
- Friday’s trading session was positive for most U.S. equity indices, with the S&P 500 Index (SPX) up 86 basis points, though most still remained negative for the week. Not much additional chart action for U.S. indices after seeing the Russel 2000 (RUT) and Russell 1000 (RUI) give sell signals Thursday (9/10). Most others continue to consolidate near recent pullback levels with the like of the Nasdaq Composite (NASD) holding support right at the middle of the 10-week trading band (50-day moving average).
- In response to Friday's uptick in potential rate expectations at this week’s Fed Meeting, the iShares U.S. core Bond ETF (AGG) fell below $96, marking its lowest level since January of 2025. From here, a move into the mid to low $95 range would bring the chart to levels not seen since April/May 2024.
- Crude Oil (CL/) prices are rallying this morning after a key pipeline in Saudi Arabia was shutdown over the weekend. Pre-market prices have moved above $103, showing the potential of a reversal higher on the point and figure chart, should prices remain steady or continue to climb. From here, a move above $105 would mark a third consecutive buy signal since the beginning of September.
- Notable stock developments from Friday through Monday’s pre-market trading are highlighted below.
- Analog Devices (ADI) – ADI returned to a buy signal and shifted back to a positive trend by completing a bearish signal reversal pattern Friday at $380. The stock increased to a 3 for 5’er with the trend change. From here, note resistance in the upper $390 to $400 range, while the bullish support line sits at $348. Given the developments within AI over the weekend, holders of ADI will monitor closely.
- SK Hynix (SKHY) – After AI chiefs from Anthropic and OpenAI posted letters about slowing down and being more responsible with their models, chips makers like SK Hynix are seeing notable downside pre-market Monday. With pre-market prices in the mid $170s, it appears the pullback has currently settled near prior resistance. Additional support lies in the upper to low $150s.
- Lennar (LEN) – Reports Earnings 9/16 – LEN fell to a 0 for 5’er after shifting into a negative trend in at the end of August. After completing a bearish catapult, LEN fell to 2026 chart lows in the upper $70s. Friday’s (9/11) trading led to a reversal back into Xs at $80. From here, a move below the mid $70s would mark the lowest chart level since late 2022. Note resistance in the mid to upper $80s.
