A Healthy-Sized Move π The Daily Chart Report
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Todayβs Summary
Wednesday, October 1, 2025
Indices: Nasdaq +0.49% | S&P 500 +0.34% | Russell 2000 +0.24% | Dow +0.09%
Sectors: 4 of the 11 sectors closed higher. Health Care led by a wide margin, gaining +3.09%. Communications lagged, falling -1.40%.
Commodities: Crude Oil fell -0.95% to $61.78 per barrel. Gold rose for the fifth consecutive day, gaining +0.63% to an all-time high of 3,898 per oz.
Currencies: The US Dollar Index fell -0.09% to $97.70.
Crypto: Bitcoin is currently up +3.15% to $117,622. Ethereum is up +4.52% to $4,333.
Volatility: The Volatility Index was flat (-0.06%) at 16.28.
Interest Rates: The US 10-year Treasury dropped to 4.100%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by @WallStWingman.
- The Health Care sector ($XLV) kicked off the quarter with a bang, gaining +3.1% today on top of yesterday's +2.4% rise, posting the largest two-day gain since November 2020.
- It's also thrusting relative to the S&P 500, with $XLV/$SPY posting its best two-day gain since November 2008. Before this week's surge, Health Care was the worst sector YTD, but it has flipped positive for the year.
- Wingman notes that $XLV busted out of a six-month range today, filling its Liberation Day gap. While the recent pop leaves $XLV extended by most short-term measures, a long-term trend reversal is likely underway, and rotation into this beaten-down sector could continue in Q4.
The Takeaway: Health Care ($XLV) just posted its best two-day gain since 2020, and its best relative two-day gain since 2008. While stretched in the short term, this thrust resembles the early innings of a longer-term rotation into this beaten-down sector.
Quote of the Day
"If everyone's waiting for a pullback to buy, either the market doesn't have a pullback or, if it does, you shouldn't buy into it."
- Bob Farrell
Top Links
A Quarter for the History Books. Now What? - Carson Research
Ryan Detrick puts the current market into historical context as Q4 begins.
Fed's at Risk of Getting Behind the Curve, - CNBC
Chris Verrone discusses the current macro environment.
Cheat Code Unlocked: Monthly Candlesticks - TrendLabs
JC Parets reviews some of the big-picture trends with a fresh batch of monthly candles.
Itβs All Relative: What the RRG View Tells Us About Q4 - StockCharts
Mike Zaccardi examines sector rotation heading into Q4.
Small Stocks. Big Trends. - The Strazza Letter
Steve Strazza looks at the setup for Small Caps.
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