Stock Market Outlook for September 9, 2026
The technicals of Home Construction stocks are starting to look similar to the period that led into the Great Financial Crisis (and housing market collapse) in 2008/09.
*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.
Stocks Entering Period of Seasonal Strength Today:
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Stock Highlight: |
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H2O America (NASD:HTO) Seasonal Chart |
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Invesco S&P SmallCap Industrials ETF (NASD:PSCI) Seasonal Chart
Lam Research Corp. (NASD:LRCX) Seasonal Chart
Sterling Infrastructure, Inc. (NASD:STRL) Seasonal Chart
United Fire & Casualty Co. (NASD:UFCS) Seasonal Chart
Healthcare Services Group, Inc. (NASD:HCSG) Seasonal Chart
Mastercard (NYSE:MA) Seasonal Chart
Disclaimer: Comments and opinions offered in this report are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered is believed to be accurate, but is not guaranteed.
The Markets
A rise in the price of energy commodities and a tick higher in the cost of borrowing kept stocks under pressure on Tuesday. The S&P 500 Index slipped by around six-tenths of one percent, remaining within this consolidation range that has spanned the past month above previous resistance at 7620. A short-term bull-flag pattern remains intact, suggesting further upside to be expected. The benchmark continues to wobble around the 20-day moving average (7704). The backdrop continues to warrant a bullish tilt toward stocks, for now, heading further into what is often a volatile period for equity performance in the month of September. In the Seasonal Advantage Portfolio that we manage for clients at CastleMoore, we continue to hold an elevated exposure to stocks, aligning with the optimism that the manufacturing economy is expressing. The period of volatility in the equity market is starting to impose some erratic results, but there is some leeway on the calendar before the peak period of weakness rolls around starting in the middle of September. Subscribers can view what we are targeting in our list of market segments to either Accumulate or Avoid.
Want to know which areas of the market to buy or sell? Our Weekly Chart Books have just been updated, providing a clear Accumulate, Avoid, or Neutral rating for currencies, cryptocurrencies, commodities, broad markets, and subsectors/industries of the market. Subscribers can login and click on the relevant links to access.
- Currencies
- Cryptocurrencies
- Commodities
- Major Benchmarks
- Sub-sectors / Industries
- ETFs: Bonds | Commodities | Equity Markets | Industries | Sectors
Today, in our Market Outlook to subscribers, we discuss the following:
- Our weekly chart books update, along with our list of all segments of the market to either Accumulate or Avoid
- Other Notes
Subscribers can look for this report in their inbox or by clicking on the following link and logging in: Market Outlook for September 9
Sentiment on Tuesday, as gauged by the put-call ratio, ended bullish at 0.82.
Seasonal charts of companies reporting earnings today:
S&P 500 Index
TSE Composite
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