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Patrick Dunuwila

Bear Sightings πŸ“ˆ The Daily Chart Report

August 7, 2025

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Stock Market Media

Today’s Summary

Thursday, August 7, 2025

 

Indices: Nasdaq 100 +.32% | S&P 500 -0.08% | Russell 2000 -0.30% | Dow -0.51%

Sectors: 5 of the 11 sectors closed higher. Utilities led, gaining +1.09%. Health Care lagged, falling -1.15%.

Commodities: Crude Oil closed lower for the sixth straight day, falling -0.79% to $63.83 per barrel. Gold rose +1.24% to an all-time high of $3,475 per oz.

Currencies: The US Dollar Index fell -0.13% to $98.07.

Crypto: Bitcoin is currently up +2.02% at $117,358. Ethereum is up +5.08% at $3,870.

Volatility: The Volatility Index dropped -1.07% to 16.58.

Interest Rates: The US 10-year Treasury rose to 4.246%.


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 Optuma (@Optuma).
 

  • The S&P 500 has stalled for nearly two weeks, making zero record highs since late July. Yet, it's less than -1% below its all-time closing peak.
     
  • As Optuma notes, this recent pause has brought the bears out of hiding in a big way. This week’s AAII Sentiment Survey saw the largest uptick in bearish sentiment since February's market meltdown.
     
  • The Bull-Bear spread is back in negative territory for the first time in five weeks, signifying a healthy reset in the market's mood. Sentiment is most useful at extremes, and we're not there yet, but to paraphrase Sir John Templeton, bull markets thrive on a healthy dose of skepticism.
     

The Takeaway: Bearish sentiment has seen a meaningful uptick while stocks have taken a well-deserved breather over the past two weeks, marking a healthy reset in market sentiment. 



Quote of the Day


β€œInformation causes change;
if it doesn’t cause change,
you don’t have information.”

- Claude Shannon


Top Links
 

Bull-Bear Spread Tips Negative - Bespoke
Bespoke breaks down the latest AAII Sentiment Survey.

Semis Hit Resistance - Alfonso's Daily Note
Alfonso De Pablos notes that Semiconductors ($SMH) are testing a critical level.

Let the Big Dogs Run πŸ• - The Daily Number
Grant Hawkridge looks at the recent leadership from the largest stocks in the S&P 500. 

A Relief Rally or Reversal in the Dollar - LPL Financial Research
Adam Turnquist examines the recent bounce in the US Dollar. 

The Market's Guaranteed Next Move - According to YOU - CappNotes
Frank Cappelleri breaks down the recent price action for stocks. 


Top Tweets

 

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

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