As we wind down a year that has been generally bullish, following the 20%+ pullback in prices resulting from reactions to the tariff scare in March, we are consolidating near all-time highs in the SPX (S&P 500 Index) with resistance being seen at ~6900 level:

It looked like being a down week in the US equity markets until a late surge on Friday lifted the SPX (S&P 500 Index) back into the 6700-6900 range where it has been consolidating for a few weeks:

As we head into the last few days of 2025, Santa’s Rally has taken us to new highs in the SPX (S&P 500 Index) with the Index closing the week 1.4% above last week’s Close:

Santa has left town, with US Equities, as represented by the SPX (S&P 500 Index), at all time highs:

Over the past week, US Equity markets continued to consolidate in a narrow range around the ~6950 level in the SPX (S&P 500 Index), closing ~0.3% lower than last week’s close despite hitting new all-time highs on Tuesday and trading above average volumes: Compared to other major asset classes this was the weakest performance of […]

  US Equities were weak over the shortened 4-day trading week with prices still consolidating in the 6800-7000 range/resistance zone of the SPX (S&P 500 Index):

After hitting new all-time highs on Wednesday, US Equities pulled back at the end of the week to close ~0.4% higher than last week’s close: After breaking briefly through the strong ~6950 area, the SPX (S&P 500 Index) is now  sitting at the lower boundary of the bullish uptrend channel that started in April 2025 […]