Uranium Goes Nuclear π The Daily Chart Report
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Todayβs Summary
Tuesday, August 26, 2025
Indices: Russell 2000 +0.83% | Nasdaq 100 +0.43% | S&P 500 +0.41% | Dow +0.30%
Sectors: 7 of the 11 sectors closed higher. Industrials led, gaining +1.03%. Consumer Staples lagged, falling -0.65%.
Commodities: Crude Oil dropped -2.39% to $63.25 per barrel. Gold rose +0.45% to $3,433 per oz.
Currencies: The US Dollar Index fell -0.23% to $98.21.
Crypto: Bitcoin is currently up +1.50% to $111,770. Ethereum is up +4.92% to $4,592.
Volatility: The Volatility Index fell -1.22% to 14.62.
Interest Rates: The US 10-year Treasury dropped to 4.259%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by Brandon Beylo (@marketplunger1).
- The Uranium Miners ETF ($URNM) has closed higher for four straight sessions, gaining +14.5% since Wednesday. It's flirting with fresh YTD highs, closing above $50 for the third time this year.
- Brandon notes that Uranium could be the next commodity to surge. The ratio ($URNM/$SPY) has established a potential bottom over the past year, and reclaiming its July peak would unlock further outperformance.
- The other popular Uranium ETF, $URA, is up twice as much as $URNM this year, thanks to its inclusion of $OKLO and a heavier tilt toward $CCJ. However, both funds are outpacing the S&P 500 this year. (YTD Returns: $URA +51%, $URNM +25%, $SPY +11%.)
The Takeaway: Uranium has set the stage for a meaningful move, with the ratio ($URNM/$SPY) carving a rounded bottom over the past year and pressing against fresh YTD highs.
Quote of the Day
"Successful investing is about having people agree with you... later."
- Jim Grant
Top Links
Year 3 Was Meant to Grind β Itβs Running Instead πββοΈ - The Daily Number
Grant Hawkridge looks at how the third year of a bull market typically plays out.
SPX and NASDAQ Breadth - CappNotes
Frank Cappelleri analyzes market internals.
The Animal Spirits in China - The Strazza Letter
Steve Strazza highlights the setup brewing in China.
If Alphabet "Missed the AI Boat", What Does That Mean for Microsoft? - Bespoke
Bespoke compares the recent performance of Microsoft ($MSFT) and Alphabet ($GOOGL).
4 Reasons I Like Tesla Here - Thompson's Two Cents
Larry Thompson examines the outlook for Tesla ($TSLA).