Strength Begets Strength π The Daily Chart Report
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Todayβs Summary
Thursday, July 10, 2025
Indices: Russell 2000 +0.48% | Dow +0.43% | S&P 500 +0.27% | Nasdaq -0.16%
Sectors: 8 of the 11 sectors closed higher. Consumer Discretionary led, rising +1.11%. Communications lagged, falling -0.34%.
Commodities: Crude Oil dropped -2.65% to $66.57 per barrel. Gold rose +0.14% to $3,326 per oz.
Currencies: The US Dollar Index rose +0.14% to $97.60.
Crypto: Bitcoin is up +2.54% at a record high of $114,119. Ethereum is up +2.73% at a five-month high of $2,846.
Volatility: The Volatility Index fell -1.13% to a four-month low of 15.77.
Interest Rates: The US 10-year Treasury rose to 4.352%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by Ryan Detrick (@RyanDetrick).
- As of today's close, the S&P 500 has surged +26% since its April 8th low, marking one of the strongest three-month rallies on record.
- Even more impressive, rallies of this magnitude have historically been followed by continued strength over the next year.
- Since 1950, there have been only five prior instances in which the S&P 500 gained +25% or more in three months. In each case, the index was higher 3β12 months later, with an average 12-month return of +22.3%.
The Takeaway: The S&P 500 just booked one of its best three-month rallies in history, surging over +26%. Rallies of this magnitude are rare, but they've consistently led to further gains over the next year.
Quote of the Day
"Market leaders are easy to spot, but most investors have psychological difficulty deciding to buy them."
- Mark Minervini
Top Links
You Canβt Keep a Good Trend Downπ - The Daily Number
Grant Hawkridge notes that the S&P 500 has experienced one of its longest streaks above its 20-day moving average this century.
Back-to-Back Bulls - Bespoke
Bespoke breaks down the latest sentiment numbers.
Special Report: Regional Bank Run - The Strazza Letter
Steve Strazza examines the outlook for Regional Banks.
Key ETF Charts For 2H β25: Flows Accelerating - Strategas Asset Management
Todd Sohn shares a few key insights from recent fund flows.