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Patrick Dunuwila

Communications Breakout πŸ“ˆ The Daily Chart Report

September 5, 2025

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Today’s Summary

Friday, September 5, 2025

 

Indices: Russell 2000 +0.48% | Nasdaq 100 +0.08% | S&P 500 -0.32% | Dow -0.48%

Sectors: 5 of the 11 sectors closed higher. Real Estate led, gaining +1.01%. Energy lagged, falling -1.93%.

Commodities: Crude Oil dropped -2.54% to $61.87 per barrel. Gold rose +1.29% to a record high of $3,653 per oz.

Currencies: The US Dollar Index fell -0.54% to $97.74.

Crypto: Bitcoin is currently flat at $110,761. Ethereum is up +0.30% to $4,313.

Volatility: The Volatility Index fell -0.65% to 15.19.

Interest Rates: The US 10-year Treasury dropped to a four-month low of 4.076%.
 


Here are the best charts, articles, and ideas shared on the web today!
 


Chart of the Day 


πŸ† Today's Chart of the Day was shared by Ian McMillan (@the_chart_life).
 

  • The Communications sector ($XLC) led by a decent margin this week, gaining +2.8% or twice as much as the next best sector (Health Care). It's been the best performing sector this year, rising +19.1% YTD.
     
  • On a relative basis, the sector had its best week versus the S&P 500 since January. Ian notes that the ratio ($XLC/$SPY) broke out of an eight-month consolidation this week, closing at its highest level since 2021. Further leadership is likely after this week's breakout.
     
  • Alphabet ($GOOGL) did most of the heavy lifting this week, but other heavyweights like $META and $NFLX could help the sector in the coming weeks.
     
The Takeaway: The Communications sector ($XLC) is reasserting its leadership after emerging from an eight-month consolidation relative to the S&P 500.



Quote of the Day


"Trading is about finding the path of least regret."
 

- Andy Moss


Top Links
 

Are Fed Rate Cut Expectations Pulling Typical Mid-September Strength Forward?
Jeff Hirsch checks on September seasonality. 

Financials Focus - CappNotes
Frank Cappeleri highlights the Financial sector. 

When Everybody’s Wrong, the Market’s Right - TrendLabs
JC Parets shares his thoughts on sentiment. 

Bears Keep Outnumbering Bulls 🐻 - The Daily Number
Grant Hawkridge breaks down the results of the latest AAII Sentiment Survey.

All Over The Place - The Weekly Trend Podcast
Ian McMilland and David Zarling discuss the current market environment, Gold, Homebuilders, Biotech and more.


Top Tweets 

 


You're all caught up now. Thanks for reading!

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