April Showers Bring Best May since 1990 πŸ“ˆ The Daily Chart Report

May 30, 2025
Patrick Dunuwila

Powered By:

Stock Market Media

Today’s Summary

Friday, May 30, 2025


 

Indices: Nasdaq 100 -0.45% | S&P 500 -0.56% | Dow -0.58% | Russell 2000 -1.08%

Sectors: 10 of the 11 sectors closed lower. Real Estate led, closing flat +0.00%. Utilities lagged, dropping -1.40%.

Commodities: Crude Oil rose +1.56% to $61.84 per barrel. Gold fell -0.17% to $3,322 per oz. 
 
Currencies: The US Dollar Index rose +0.32% to $99.88.

Crypto: Bitcoin is currently down -1.39% to $107,470. Ethereum is down -0.45% to $2,650.

Volatility: The Volatility Index rose +1.85% to 19.30.

Interest Rates: The US 10-year Treasury yield rose to 4.475%.

 


Here are the best charts, articles, and ideas shared on the web today!
 


Chart of the Day 


πŸ†  Today's Chart of the Day was shared by Steve Deppe (@SJD10304).
 

  • The S&P 500 gained +6.2% in May, marking its best month since November 2023 and its best May since 1990. 
     
  • The index snapped a 3-month losing streak, avoiding what would've been its longest monthly decline in over a decade. Steve points out that when a 3-month streak ends with a bang (+5% or more), forward returns have historically been bullish.
     
  • Based on the 10 prior signals since 1970, the S&P 500 has always been higher one year out, by an average of +20.7%. One month later? Still higher every single time, by an average of +2.5%.
     

The Takeaway: The S&P 500 rose +6.2% in May, ending a 3-month losing streak. When losing streaks are broken with a bang, the S&P 500 has historically trended higher with minimal interruption over the next year.



Quote of the Day


β€œIf you're not confused,
you don't understand what’s going on.”
 

- Charlie Munger


Top Links
 

Why a Strong May Could Have Bulls Smiling - Carson Research
Ryan Detrick notes that the rest of the year tends to be strong after a solid performance in May. 

Stock Market & Crypto Analysis for May 30 2025 - Brian Shannon
Brian Shannon breaks down this week's price action and some key levels to watch next week. 

All-Time Highs in Israel - Alfonso's Daily Note
Alfonso De Pablos highlights a breakout in the Israel ETF ($EIS). 

Bonds... James Bonds - The Strazza Letter
Steve Strazza examines the relationship between bonds and speculative growth stocks.

 

 


Top Tweets

You're all caught up now. Thanks for reading!

Filed Under: