Bleeding Higher ๐ The Daily Chart Report
Powered By:
Todayโs Summary
Thursday, May 15, 2025
Indices: Dow +0.65% | Russell 2000 +0.52% | S&P 500 +0.41% | Nasdaq +0.08%
Sectors: 10 of the 11 sectors closed higher. Utilities led, rising +2.13%. The Consumer Discretionary sector was the only one to close lower, falling -0.22%.
Commodities: Crude Oil fell -2.42% to $61.62 per barrel. Gold rose +1.20% to $3,227 per oz.
Currencies: The US Dollar Index fell -0.18% to $100.83.
Crypto: Bitcoin is currently down -0.48% at $103,036. Ethereum is down -3.34% to $2,523.
Volatility: The Volatility Index dropped -4.25% to 17.82.
Interest Rates: The US 10-year Treasury yield dropped to 4.431%.
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 Ian McMillan (@the_chart_life).
- U.S. stocks are having their best week versus international stocks since the election, with $SPY outpacing $EFA by +3.2% this week.
- A potential regime change was underway earlier this year, between the US and the rest of the world. This ratio ($EFA/$SPY) has persistently trended lower since 2010. However, it began to scream higher in December.
- Despite the dramatic rotation out of U.S. stocks this year, the ratio was unable to break its multi-year downtrend line. If this trendline remains intact, U.S. stocks will continue to lead.
The Takeaway: U.S. stocks are having their best week since the election versus international stocks. Despite the sharp bounce this year, $EFA/$SPY was rejected at a multi-year downtrend line, suggesting the U.S. will continue to dominate.
Quote of the Day
โSuccess is just staying in the game long enough to eventually get lucky."
- Ken Griffin
Top Links
We Could See a New Low Relative to the April Low, Says Fairleadโs Katie Stockton - CNBC
Katie Stockton discusses a potential retest of the April low.
The S&P 500 Snapped Back Hard: Now What? - StockCharts.com
Frank Cappelleri looks at the short-term patterns and trends in the S&P 500.
How the VWAP Develops During the Trading Day - Brain Shannon
Brian Shannon explains how the Anchored VWAP develops throughout the day.
Small Cap Stocks have a Federal Reserve Problem - Paulsen Perspectives
Jim Paulsen examines the continued underperformance from Small Cap stocks.