Metals and Crypto Shine as Stocks Stall π The Daily Chart Report
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Todayβs Summary
Friday, July 11, 2025
Indices: Nasdaq 100 -0.21% | S&P 500 -0.33% | Dow -0.63% | Russell 2000 -1.26%
Sectors: 2 of the 11 sectors closed higher. Energy led, rising +0.45%. Financials lagged, falling -1.04%.
Commodities: Crude Oil rose +2.82% to $68.45 per barrel. Gold rose +1.15% to $3,364 per oz.
Currencies: The US Dollar Index rose +0.30% to $97.87.
Crypto: Bitcoin is up +1.44% at a record high of $117,701. Ethereum is up +0.23% at a five-month high of $2,958.
Volatility: The Volatility Index rose +3.93% to 16.39.
Interest Rates: The US 10-year Treasury rose to 4.417%.
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 Jim Knarr (@ChartMonitor).
- Silver futures jumped +4.4% today, closing at a 13-year high of $39/oz. It spent the past month coiling into a tight range before breaking out today.
- Price is entering rare air, with little resistance standing between current levels and the 2011 all-time high near $49/oz.
- $SLV has outperformed $GLD by +20% since mid-April, yet Jim notes that Google searches for $GLD remain historically elevated, while interest in $SLV remains relatively muted.
The Takeaway: Silver broke out to a fresh 13-year high today, with hardly any overhead resistance before testing its 2011 peak. Itβs quietly outperforming Gold, but the crowd isnβt paying attention yet.
Quote of the Day
βIf you don't believe me or don't get it, I don't have time to try to convince you, sorry.β
- Satoshi Nakamoto
Top Links
All 8 Canaries Are Flying β This Rallyβs Got Wings π¦ - The Daily Number
Grant Hawkridge points out that several leading industry groups have recaptured their 200-day moving averages.
Stock Market & Crypto Analysis 7/11/25 - Brian Shannon
Brian Shannon breaks down this week's price action and some key levels for next week.
Expect Summer Rally into 6500s Before Shallow Correction in Fall - CNBC
Paul Ciana shares his thoughts on the current market environment.
Crypto's Next Leg - Alfonso's Daily Note
Alfonso De Pablos examines the outlook for several popular cryptocurrencies.
July Monthly Options Expiration Week β NASDAQ Down 7 Straight
Jeff Hirsch points out that Tech stocks have historically struggled the week of July options expiration (next week).