Watch the Nasdaq Composite on 10/10/25

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 on 10/03/25.  It’s possible that on 10/10/25 only the IXIC could reachContinue reading “Watch the Nasdaq Composite on 10/10/25”

Dow Jones Industrial Average Converging Trendlines

Three converging trendlines could be resistance for the Dow Jones Industrial Average (DJI). The weekly DJI chart courtesy of Trading View Illustrates the long – term view. The trendline connecting January 2022 and December 2024 peaks could be reached during the week of 10/06/25 to 10/10/25. Sometimes prior support trendlines could become resistance.   In thisContinue reading “Dow Jones Industrial Average Converging Trendlines”

   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”

 U.S. Stock Rally into 09/17/25?

On 09/11/25 for the second time in two weeks all three main U.S. stock indices: S&P 500 (SPX), Dow Jones Industrial Average, and Nasdaq Composite made new all-time highs.  For at least the short-term this is a bullish signal. Another bullish signal is illustrated on the 30-minute SPX chart courtesy of Trading View. The 09/06/25Continue reading ” U.S. Stock Rally into 09/17/25?”

Very Important Trendline – 08/29/25

On 08/27/25 and 08/28/25 the S&P 500 (SPX) made all-time highs unconfirmed by the other two main U.S. stock indices: Dow Jones Industrial Average and Nasdaq Composite.  This is a major bearish momentum divergence.  However, on 08/28/25, VIX made a new post 04/07/25 bottom.  All the major SPX peaks since March 2000 have occurred withContinue reading “Very Important Trendline – 08/29/25”

Microsoft Update – 08/22/25

The 06/07/25 blog “The Strongest Magnificent Seven Stock” noted that at that time Microsoft (MSFT) was the only one of the “Magnificent Seven” stocks to make a new all-time high.  Since then, there have been other “Magnificent Seven” to make new all-time highs.  However, for the week ending 08/2/25 only Alphabet Inc. (GOOG) reached aContinue reading “Microsoft Update – 08/22/25”

Rally into a Lunar Cycle – 08/22/25

At 10:00 AM – EDT on 08/22/25 the text of FOMC chairman Powell was released.  The U.S. stock market immediately had a huge rally which could be the climax of the bull market that began on 04/07/25. Markets sometimes turn on New/Full Moons plus or minus two trading days.  There’s a New Moon on SaturdayContinue reading “Rally into a Lunar Cycle – 08/22/25”