Sleeping Giants ๐ The Daily Chart Report
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Todayโs Summary
Thursday, October 9, 2025
Indices: Nasdaq 100 -0.15% | S&P 500 -0.28% | Dow -0.52% | Russell 2000 -0.61%
Sectors: The only sector that closed higher was Consumer Staples, gaining +0.31%. Industrials lagged, falling -1.48%.
Commodities: Crude Oil fell -1.66% to $61.51 per barrel. Gold dropped -2.41% to $3,973 per oz.
Currencies: The US Dollar Index rose +0.58% to $99.40.
Crypto: Bitcoin fell -1.34% to $121,695. Ethereum dropped -3.45% to $4,371.
Volatility: The Volatility Index rose +0.92% to 16.44.
Interest Rates: The US 10-year Treasury yield rose to 4.142%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
๐ Today's Chart of the Day was shared by The Leuthold Group (@LeutholdGroup).
- The S&P 500 has steadily drifted higher in recent weeks, gaining +4% during a remarkably calm 32-day streak without a 1% move in either direction.
- Despite the steady advance, leadership within the Magnificent 7 has thinned. Only two names ($NVDA & $GOOG) have reached fresh 52-week highs in the last month. While $NVDA printed a fresh record high today, $GOOG hasn't seen one in nearly three weeks.
- Broad participation from the Mag 7 would be ideal for the S&P 500, but rotation would also be healthy.
The Takeaway: Some of the largest stocks in the S&P 500 have been absent during the recent melt-up. A broad advance from the Mag 7 would be ideal, but rotation among them could also keep the bull in motion.
Quote of the Day
โDonโt worry about what the markets are going to do, worry about what you are going to do in response to the markets.โ
- Michael Carr
Top Links
The Market That Wonโt Dip - The Daily Number
Grant Hawkridge notes the S&P 500 has closed above its 50-DMA for 111 consecutive trading days.
A Strong Six Months - Bespoke
Bespoke looks at the historic six-month rally off the April lows.
Tech Tops Dot-Com Peak - Alfonso's Daily Note
Alfonso De Pablos highlights a relative breakout in the Tech sector versus the S&P 500 ($XLK/$SPY).
3 ETF Ideas For Portfolios - Strategas Asset Management
Todd Sohn shares a few key insights from the ETF space.
Is Your Bubble in the Room With Us Right Now? - TrendLabs
JC Parets weighs in on the recent bubble-talk.
Top Tweets