The market is undergoing a meaningful shift as leadership rotates from digital‑focused sectors toward more traditional, analog areas of the economy. Investors are increasingly gravitating toward agriculture, railroads, metals, materials, and other foundational industries that support the nation’s core economic infrastructure.

Gene highlights the market’s ability to preserve its longer‑term uptrend, even as the technology sector works through a healthy and rigorous consolidation phase.

Gene breaks down the volatile start to 2026 and explains how the major indexes are signaling trends likely to persist throughout the year—most notably the continued relative strength of both the Dow Jones Industrial Average and the Dow Jones Transportation Average.

Stock market leadership has been shifting since late October of last year. Gene provides an analysis of the major market indexes’ performance to substantiate his perspective.

In Gene’s view, we are far enough into 2026 to validate several of the market patterns that have been forming this year. He is referring to the market’s bottom‑up characteristics, focusing on the underlying trends across the major market indexes.

Gene highlights last Friday’s powerful, record-setting session, emphasizing that the Dow’s surge past the 50,000 mark reinforces the market’s strong momentum—even if it doesn’t yet signal a major technical shift in his view.

Gene highlights that futures are trending higher this morning across the Nasdaq, Dow Jones Industrial Average, and S&P 500.

Gene discusses technology and agriculture sectors of the market.