Markets Turn Lower, Why Shorter Trades Matter Right Now
Wendy Kirkland Market Watch Sept 28, 2026
Friday ended on a strong note, with the S&P 500, Nasdaq, and Dow all rallying after encouraging government news and closing near their highs. Monday morning looked very different, though: the major indexes opened lower and kept slipping, creating a mostly bearish picture. Nvidia was one bright spot after strong earnings, while gains in energy stocks may simply reflect higher costs.
Looking at the monthly charts, the Nasdaq is still barely positive, but the Dow is down about 3%, and the S&P is sitting right on the edge after months of limited movement. The main takeaway is that this market is being driven by fast-moving news and uncertainty, so traders may need to keep positions short, react to what is happening now, and avoid assuming the longer-term trend will hold.
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Wendy Kirkland Market Watch Sept 28, 2026