Pet Rocks Pay Off π The Daily Chart Report
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Todayβs Summary
Tuesday, September 2, 2025
Indices: Dow -0.55% | Russell 2000 -60.0% | S&P 500 -0.69% | Nasdaq -0.79%
Sectors: 2 of the 11 sectors closed higher. Energy led, gaining +0.14%. Real Estate lagged, falling -1.70%.
Commodities: Crude Oil rose +2.47% to $65.59 per barrel. Gold closed higher for the fifth consecutive day, rising +2.16% to an all-time high of $3,592 per oz.
Currencies: The US Dollar Index inched rose by +0.65% to $98.32.
Crypto: Bitcoin is currently up +1.56% to $110,950. Ethereum is flat at $4,313.
Volatility: The Volatility Index rose +6.52% to 17.16.
Interest Rates: The US 10-year Treasury rose to 4.265%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by David Rath (@DJwrath).
- The Gold ETF ($GLD) has closed higher for five consecutive days, notching a fresh record high today.
- It gapped above a well-defined resistance level at $317 this morning and closed near the highs of the day, marking a breakaway gap, the most bullish type of breakout.
- Gold started stalling in April, as stocks were bottoming. Despite taking the Summer off, the metal is still outpacing the S&P 500 by a notable margin this year, with $GLD up +35.5% YTD versus +9.9% for $SPY.
Quote of the Day
"Gold is money,
everything else is credit."
- J.P. Morgan
Top Links
A View from the Floor - Freedom Capital Markets
Jay Woods highlights a few noteworthy things to watch this week.
Here Comes the Worst Month of the Year - Carson Research
Ryan Detrick examines September seasonality.
The New Crypto Leaders - The Strazza Letter
Steve Strazza outlines the setup for Crypto Mining stocks.
The Five Charts You Need - CappThesis
Frank Cappelleri breaks down five key charts: $SPX, $KWEB, $GDX, $GLD, and $XLV.
Best and Worst Country ETFs Since Trump 2.0 - Bespoke
Bespoke breaks down the strongest and weakest country ETFs since Trump's second term began.
Top Tweets