The Dip was Bought π The Daily Chart Report
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Todayβs Summary
Thursday, August 14, 2025
Indices: S&P 500 +0.03% | Dow -0.02% | Nasdaq 100 -0.07% | Russell 2000 -1.24%
Sectors: 3 of the 11 sectors closed higher. Health Care led, gaining +1.88%. Materials lagged, falling -1.04%.
Commodities: Crude Oil rose +2.09% to $63.96 per barrel. Gold fell -0.74% to $3,383 per oz.
Currencies: The US Dollar Index gained +0.42% to $98.20.
Crypto: Bitcoin is currently down -3.90% at $118,552. Ethereum is down -3.94% at $4,564.
Volatility: The Volatility Index closed higher by +2.35% at 14.82.
Interest Rates: The US 10-year Treasury rose to 4.289%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by Evan Medeiros (@evanmedeiros).
- Despite gapping lower and falling -0.4% earlier, the S&P 500 closed slightly higher by +0.03%, eking out its third consecutive record high. Evan highlights an unusual leader amid today's tape... Biotech.
- The Equal-Weight Biotech ETF ($XBI) closed at a five-month high today, building on yesterday's breakout from a one-month Bull Flag. It barely retraced yesterday's gain and refused to fill the breakaway gap as the broader market struggled this morning.
- Biotech has been a notable laggard this decade, but money continues to rotate further down the risk spectrum, with things like meme coins, pot stocks, and IPOs catching a bid. A rebound here would be bullish for Small Caps overall, as Biotech is the second-largest industry group in the Russell 2000, just behind Regional Banks.
The Takeaway: Biotech showed resiliency today, closing at a five-month high after emerging from a tight consolidation pattern yesterday.
Quote of the Day
"The test of a first-rate intelligence is the ability to
hold two opposed ideas in the mind at the same time,
and still retain the ability to function."
- F. Scott Fitzgerald
Top Links
Small-Caps: Where Hated Stocks Go To Rip - TrendLabs
JC Parets shares his thoughts on the recent action in Small Caps.
Sentiment and Stock Prices Diverge - Bespoke
Bespoke breaks down the latest sentiment numbers.
BRK.B & Clusters of Strong Breadth - CappNotes
Frank Cappelleri breaks down the recent trends and patterns in the S&P 500.
Breadth Isnβt Broken β Itβs Building π - The Daily Number
Grant Hawkridge compares new highs versus new lows within the NYSE and NASDAQ.
Top Tweets