Back-to-Back Monthly Gains π The Daily Chart Report
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Todayβs Summary
Monday, June 30, 2025
Indices: Nasdaq 100 +0.64% | Dow +0.63% | S&P 500 +0.52% | Russell 2000 +0.12%
Sectors: 8 of the 11 sectors closed higher. Technology led, gaining +0.98%. Consumer Discretionary lagged, falling -0.58%.
Commodities: Crude Oil fell -0.63% to $65.11 per barrel. Gold rose +0.61% to $3,308 per oz.
Currencies: The US Dollar Index closed lower for the eighth consecutive day, dropping -0.48% to a three-year low of $96.79.
Crypto: Bitcoin is trading lower by -1.12% $107,169. Ethereum is down -0.37% at $2,492.
Volatility: The Volatility Index rose +2.51% to 16.74.
Interest Rates: The US 10-year Treasury fell to its lowest in nearly two months at 4.232%.
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 Frank Cappelleri (@FrankCappelleri).
- June came to a close today, with the S&P 500 rising +5% for the month. The index notched its first monthly all-time high since January and its first back-to-back gain since September.
- April's massive reversal candle was confirmed last month, with the index gaining +6.2% in May. The reversal was further validated with this month's all-time high.
- Frank points out that this pattern resembles the reversals from December 2018 and March 2020, both of which led to multi-month rallies persisting for at least four consecutive months.
The Takeaway: The S&P 500 climbed +5% in June, notching fresh monthly highs and building on Mayβs momentum. If history repeats, the summer rally could have legs.
Quote of the Day
"The whole reason that our capitalist system works the way it does is because there are cycles, and the cycles self-correct."
- Seth Klarman
Top Links
A View from the Floor with Jay Woods, CMT - Freedom Capital Markets
Jay Woods highlights a few key charts to watch this week.
Most Bullish Day of Year! 1st Day July S&P 500 Up 14 Straight - Almanac Trader
Jeff Hirsch points out that the first trading day in July has historically had a bullish track record.
Hard-Pressed to Come Up with Bearish Call for Market or Economy - CNBC
Chris Verrone shares his read on the current market environment.
Still Think Highs Are Risky? π - The Daily Number
Grant Hawkridge looks at the number of all-time highs in the S&P 500 this year.
Solana Summer? - Don's Dividends
Donovan Jackson examines the outlook for the Crypto market.