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A Magnificent Breakout πŸ“ˆ The Daily Chart Report

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Today’s Summary

Friday, October 24, 2025


Indices: Russell 2000 +1.24% | Nasdaq +1.04% | Dow +1.01% | S&P 500 +0.79%

Sectors: 6 of the 11 sectors closed higher. Technology led, gaining +1.55%. Energy lagged, falling -1.01%.

Commodities: Crude Oil fell -0.47% to $61.50 per barrel. Gold fell -0.19% to $4,138 per oz.

Currencies: The US Dollar Index was flat at $98.94.

Crypto: Bitcoin is currently up +0.81% to $111,007. Ethereum is up +1.94% at $3,933.

Volatility: The Volatility Index dropped -5.38% to 16.36. 

Interest Rates: The US 10-year Treasury yield rose to 4.003%.
 



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 Jack (@alphacharts365).
 

  • All four major averages closed at all-time highs this week after gapping higher with authority this morning. While Small-Caps led today and this week, Mega-Caps made a very constructive move.
     
  • The Magnificent 7 ETF ($MAGS) broke out in the most bullish way possible today, logging its first all-time high in a month. It gapped above a well-defined resistance level at $66.50, marking a Breakaway Gap.
     
  • As Jack notes, five of the Mag 7 report earnings next week. $MSFT, $META, and $GOOGL report Wednesday evening, followed by $AAPL and $AMZN on Thursday.
     
The Takeaway: The Magnificent 7 ETF ($MAGS) broke out to all-time highs for the first time in more than a month, with five of the seven names reporting earnings next week.



Quote of the Day


"You know you're doing what you love when Sunday nights feel the same as Friday nights."
 

- Donny Deutsch


Top Links
 

Skipping the Weak Season - The Daily Number
Grant Hawkridge points out that the S&P 500 was resilient during a seasonally weak period. 

A Sweet Trade for Halloween Next Week - Almanac Trader
Jeff Hirsch notes that the last four trading days of October and the first three in November have a stellar track record.

Is the Melt-Up UNSTOPPABLE? - Trading Trends
John Salama breaks down the notable trends and themes from this week's price action. 

Are Bulls Whistling Through the Stock Market Graveyard? - Ciovacco Capital Management
Chris Ciovacco weighs the bullish and bearish data points for stocks. 

You Can’t Kiss All the Girls - TrendLabs
JC Parets shares his top-down approach to identifying the strongest stocks in the strongest areas. 


Top Tweets 

 


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