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Tech Streaks Lower After Record Win Streak πŸ“ˆ The Daily Chart Report

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Today’s Summary

Wednesday, December 17, 2025


Indices: Dow -0.47% | Russell 2000 -1.07% | S&P 500 -1.16% | Nasdaq -1.93%

Sectors: 4 of the 11 sectors closed higher. Energy led, gaining +2.21%. Tech lagged, dropping -2.22%.

Commodities: Crude Oil is up +2.68% to $56.75 per barrel. Gold is up +1.03% to $4,377 per oz.

Currencies: The US Dollar Index is up +0.20% to $98.32.

Crypto: Bitcoin is currently down -2.17% to $85,946. Ethereum is down -4.82% at $2,819.

Volatility: The Volatility Index rose by +7.04% to 17.63.

Interest Rates: The US 10-year Treasury yield rose to 4.155%.




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 Frank Cappelleri (@FrankCappelleri).
 

  • The Technology Sector ($XLK) has fallen in four of the past five sessions after snapping a record-tying 13-day winning streak last Wednesday. 
     
  • Frank notes that this has been the worst five-day period for Tech since the April selloff, with $XLK shedding -6.3%. It failed to reach new highs with the S&P 500 last week, and it’s now down -0.8% in Q4. 
     
  • Micron ($MU) reports earnings after the bell today. It’s only the 10th-largest holding in $XLK, but it’s still a near-term catalyst for a reversal or continued selling. If the largest sector continues to see profit-taking into year-end, it will set a bearish tone for the major indices in 2026. 
     

The Takeaway: Tech followed up a 13-day winning streak with its sharpest five-day decline since April as we enter a historically bullish time of year.



Quote of the Day


β€œIf Santa Claus should fail to call,
bears may come to Broad and Wall."
 

-  Yale Hirsch


Top Links
 

Don’t Stop Believing - Carson Research
Ryan Detrick outlines the case for a year-end rally.

Why Is the VIX Still This High? - TrendLabs
JC Parets shares his thoughts on the elevated market volatility.

Rotation is Here - Thompson’s Two Cents
Larry Thompson looks at Small-Caps and Large-Caps. 

Record Year For ETFs and Grappling With Concentration - Strategas Asset Management
Todd Sohn discusses ETF flows, concentration, & leverage into year-end.

Calm Markets, Crude Chaos: Why Oil Is the Odd One Out This Holiday Season - StockCharts.com
Mike Zaccardi examines the recent weakness in crude oil.


Top Tweets 

 

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