The V-Bottom is Officially In! 📈 The Daily Chart Report
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Today’s Summary
Friday, June 27, 2025
Indices: Dow +1.00% | S&P 500 +0.52% | Nasdaq +0.39% | Russell 2000 +0.02%
Sectors: 9 of the 11 sectors closed higher. Consumer Discretionary led, gaining +1.67%. Energy lagged, falling -0.52%.
Commodities: Crude Oil rose +0.43% to $65.52 per barrel. Gold dropped -1.80% to $3,288 per oz.
Currencies: The US Dollar Index closed lower for the seventh consecutive day, falling -0.10% to a three-year low of $97.25.
Crypto: Bitcoin is trading marginally higher by +0.09% $107,100. Ethereum is up +0.28% at $2,424.
Volatility: The Volatility Index fell -1.63% to a four-month low of 16.33.
Interest Rates: The US 10-year Treasury snapped a five-day losing streak, rising to 4.275%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
🏆 Today's Chart of the Day was shared by SubuTrade (@SubuTrade).
- The S&P 500 ($SPX) achieved its first all-time high since February on Friday, gaining +3.4% this week.
- Although it fell more than -21% on an intraday basis, $SPX narrowly avoided a media-defined bear market in April, reaching a closing drawdown of -18.9%. After bouncing roughly +24% in less than three months, a V-shaped recovery is officially in the books.
- The table shows the forward returns after reaching 52-week highs within three months of an -18% drawdown. Performance was mixed over the next month, but $SPX was consistently higher three months later, with an average gain of +6.8%.
The Takeaway: The S&P 500 achieved its first all-time high since February today, completing a V-shaped recovery from bear market territory. After similar rebounds, the index was consistently higher over the next 3-12 months.
Quote of the Day
“Music always sounds better on Friday.”
- Lou Brutus
Top Links
Fly Your Flags - The Strazza Letter
Steve Strazza highlights the abundance of bullish setups developing.
Freedom Wins Again - Alfonso's Daily Note
Alfonso De Pablos looks at a breakout in the Freedom 100 Emerging Markets ETF ($FRDM).
Almost All Aboard… Two Seats Still Empty🚂 - The Daily Number
Grant Hawkridge breaks down several notable risk ratios.
Checking the Boxes - The Weekly Trends
Ian McMillan and David Zarling discuss the notable trends and themes across the markets.
International Revenues - Bespoke
Bespoke examines how stocks with high international revenue exposure have performed compared to their domestic-only peers.