Technical Assessment: Bullish in the Intermediate-Term

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20 +1. 43% ADVERTISEMENT Screeners Calendar Stock Comparison Advanced Chart Currency Converter All / Technical Analysis Argus • Jul 09, 2026 Technical Assessment: Bullish in the Intermediate-Term Intermediate Term Long Term Download Full Report Summary Wednesday looked like a repeat of Tuesday, as another jump in crude oil (WTI) and Treasury yields knocked the stock market lower until noon. Still, buying primarily in Information Technology stocks, namely the beaten-up semiconductors, actually led to a 1.

2% gain in the XLK (IT), a 2% comeback for the SMH (semis), and minor gains in the Nasdaq and Nasdaq 100. Energy (XLE) stocks led with a 1. 8% gain on the back of WTI's pop of more than 6%, finishing near $75/barrel.

WTI was as low as $67 on July 2. Yet after Energy and IT, the other nine sectors all Upgrade to begin using premium research reports and get so much more. Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level Upgrade Related Reports The Market Prevails Jul 09, 2026 • CTVA, RTX, SCHW, NET, HOOD, DAL, ASML, NUE Daily Spotlight: Global Stocks Still Offer Value Jul 09, 2026 • TSM Technical Assessment: Bullish in the Intermediate-Term Jul 08, 2026 • ILMN, NOW LITE: Lowering target price to $825.

00 Jul 08, 2026 • LITE MTSI: Lowering target price to $346. 00 Jul 08, 2026 • MTSI View more related reports Copyright © 2026 Yahoo. All rights reserved.

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