The Leading U.S. Stock Sector – Part – Two

The 10/25/25 blog “The Leading U.S. Stock Sector” noted that the PHLX Semiconductor index (SOX) had been a factor in the surge up of U.S. stocks.  Recent action implies this leading sector is still bullish. The weekly SOX chart courtesy of Trading View shows what’s happened.   The 10/25/25 blog noted. “Weekly RSI continues toContinue reading “The Leading U.S. Stock Sector – Part – Two”

Elliott Wave – Invalidation Points

Elliott wave theory is best known as a market forecasting tool. It’s also very effective in identifying points where a forecast is wrong.  S&P 500 (SPX) recent action illustrates specific points where a forecast became invalid. The 10/26/25 blog “S&P 500 – Elliott Wave Update – 10/24/25” Noted that if the SPX moved above 6,813.85Continue reading “Elliott Wave – Invalidation Points”

U.S. Stock Market Sentiment – November 2025

Measuring market sentiment can determine when a trend could terminate. Market price peaks usually correspond with high bullish/optimistic sentiment.  In declining markets bottoms are near high bearish/pessimistic sentiment. Long and short-term U.S. stock market sentiment entering the November trading month are at historically high bullish levels.  The weekly S&P 500 (SPX) chart courtesy of TradingContinue reading “U.S. Stock Market Sentiment – November 2025”

Bullish Pieces of an Elliott Wave Puzzle

The 10/26/25 blog “S&P 500 – Elliott Wave Update – 10/24/25” illustrated that the S&P 500 (SPX) may have completed an Elliott wave – Ending Diagonal Triangle.   The invalidation point for this pattern was SPX 6,813.85. The 30 – minute SPX chart courtesy of Trading View shows what happened. On 10/27/25 SPX gapped above theContinue reading “Bullish Pieces of an Elliott Wave Puzzle”

S&P 500 – Elliott Wave Update – 10/24/25

The 10/23/25 blog “U.S. Stocks Crawling to New Highs?” illustrated the S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle”.   The hourly SPX chart courtesy of Trading View updates that potential wave count. The Ending Diagonal Triangle wave count from the 10/10/25 bottom is still valid.  In any five-wave motive patternContinue reading “S&P 500 – Elliott Wave Update – 10/24/25”

The Leading U.S. Stock Sector

On 10/24/25 all three main U.S. stock indices, S&P 500, Nasdaq Composite, and Dow Jones Industrial Average made new all-time highs.  This is a bullish signal implying the U.S. stock buying mania could continue for days, perhaps weeks.  The PHLX Semiconductor Sector Index (SOX) has been a factor in the current surge up. The weeklyContinue reading “The Leading U.S. Stock Sector”

U.S. Stocks Crawling to New Highs?

The buying mania of U.S. stocks continues.  The hourly S&P 500 (SPX) chart courtesy of Trading View illustrates its progress since the 10/10/25 micro crash. The slow choppy nature of the rally has the appearance of an Elliott wave – Ending Diagonal Triangle.   These are terminal structures, if the count is correct the SPX couldContinue reading “U.S. Stocks Crawling to New Highs?”

Sixteen – Year Analysis of the S&P 500

The 10/18/25 blog “Fifty – Year Analysis of the S&P 500” examined the two S&P 500 (SPX) secular bull markets that spanned fifty years.  Fibonacci price and time ratios between the two bull markets imply a major peak that could be made in 2025.   A look at the at the SPX rise since 2009 revealsContinue reading “Sixteen – Year Analysis of the S&P 500”

Fifty – Year Analysis of the S&P 500

Very long-term Fibonacci price and time ratios imply S&P 500 (SPX) could make a significant peak sometime in 2025. Because of the fractal nature of markets Fibonacci price and time analysis can be made on any time scale, from minutes to centuries.  The yearly SPX chart courtesy of Trading View examines two bull markets thatContinue reading “Fifty – Year Analysis of the S&P 500”

U.S. Stock Market Sentiment – October 2025

The 10/06/25 blog “Rising VIX and Rising Stocks” noted “The ideal condition for a major U.S. stock peak would be a higher VIX bottom and only one of the three main U.S. stock indices: SPX, Dow Jones Industrial Average, and Nasdaq Composite making a new all-time high”. That was the condition on 10/10/25 when theContinue reading “U.S. Stock Market Sentiment – October 2025”