Category Archives: Momentum

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”

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”

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”

Lunar Cycles and Momentum – October 2025

The 10/06/25 blog “Lunar and Seasonal Time Cycles – October 2025” examined the Lunar cycle phenomenon of markets turning on Full or New Moons plus or minus two trading days.  This cycle was effective on 10/11/07 – a New Moon and the peak of a five – year S&P 500 (SPX) bull market. The 10/06/25Continue reading “Lunar Cycles and Momentum – October 2025”

Watch the Nasdaq Composite on – 10/10/25 – Part Two

The 10/09/25 blog “Watch the Nasdaq Composite on – 10/10/25” noted. “At the open of the main trading session on 10/09/25 both the Nasdaq Composite (IXIC) and S&P 500 (SPX) made new all-time highs then quickly declined.   The other main U.S. stock index, Dow Jones Industrial Average (DJI) lagged below its all-time high made onContinue reading “Watch the Nasdaq Composite on – 10/10/25 – Part Two”

Dow Jones Industrial and Transportation Relationship

The Dow Theory was developed in the early twentieth century.  One of the theories’ main principles was the relationship between the Dow Jones Industrial Average (DJI) and the Dow Jones Transportation Average (DJT) – previously the Rails Average. A bearish divergence between the two averages was a signal of a looming bear market.  A bullishContinue reading “Dow Jones Industrial and Transportation Relationship”

   Bull and Bear Levels to Watch – 09/26/25

After the S&P 500 (SPX) bottom on 04/07/25 there were two mid – April declines of 6%. The subsequent rally has been persistent with only shallow drops.   Could the SPX decline after the 09/23/25 peak be another shallow decline?  There are two price levels to watch during the 09/29/25 to 10/03/25 trading week. The dailyContinue reading ”   Bull and Bear Levels to Watch – 09/26/25″

U.S. Treasury Yields Trending Higher – September 2025

On 09/17/25 the U.S. – FOMC lowered short – term interest rates by 25 – basis points.  A few minutes after the announcement the U.S. 30 year – Treasury yield (TYX) bottomed out and began rising. The weekly TYX chart courtesy of Trading View illustrates the long – term picture. Since mid – 2023 -TYXContinue reading “U.S. Treasury Yields Trending Higher – September 2025”