The Bull Goes Global π The Daily Chart Report
Powered By:
Todayβs Summary
Wednesday, July 23, 2025
Indices: Russell 2000 +1.53% | Dow +1.14% | S&P 500 +0.78% | Nasdaq +0.43%
Sectors: 10 of the 11 sectors closed higher. Health Care led, gaining +2.05%. The only sector that closed lower was Utilities, falling -0.75%.
Commodities: Crude Oil was flat (-0.09%) closing at $65.25 per barrel. Gold dropped -1.34% to $3,398 per oz.
Currencies: The US Dollar Index fell -0.20% to $97.21.
Crypto: Bitcoin is currently down -1.15% at $118,630. Ethereum is down -3.68% at $3,610.
Volatility: The Volatility Index dropped -6.85% to a five-month low of 15.36.
Interest Rates: The US 10-year Treasury rose to 4.384%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by Ian McMillan (@the_chart_life).
- It was a solid day for U.S. stocks, with the S&P 500 notching a fresh record high, and Small Caps outperforming. However, international stocks stole the show, with the iShares MSCI EAFE ($EFA) jumping +2.5% to a record high.
- EAFE stands for Europe, Australasia, and the Far East. The index tracks developed markets outside North America, including the UK, Japan, Germany, France, and Australia.
- Japanese heavyweights like Toyota, Mitsubishi, and Sony fueled today's move in $EFA, as the Nikkei 225 re-emerged from the mother of all bases. Ian notes that global participation supports the broader bull case for equities. If $EFA holds above its 2007 highs, developed markets outside the U.S. are primed for a multi-year rally.
The Takeaway: International markets are confirming the strength in U.S. equities. With $EFA shattering a 17-year ceiling, the stage is set for a multi-year rally in foreign developed markets.
Quote of the Day
βThose who can not adjust to change will be swept aside by it. Those who recognize change and react accordingly will benefit.β
- Jim Rogers
Top Links
All Cylinders Are Firing π - The Daily Number
Grant Hawkridge looks at the expansion in global breadth.
How to Buy the Biggest Base - The Strazza Letter
Steve Strazza examines the breakout in Japan's Nikkei 225 Index.
The Crazy Train Market? - Carson Research
Ryan Detrick highlights several noteworthy charts to consider.
Housing Stocks Build Again - Alfonso's Daily Note
Alfonso De Pablos looks at DR Horton ($DHI), after the homebuilder posted its best day since 2008 yesterday.