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Transports Take the Wheel πŸ“ˆ The Daily Chart Report

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Today’s Summary

Wednesday, December 3, 2025


Indices: Russell 2000 +1.91% | Dow +0.86% | S&P 500 +0.30% | Nasdaq +0.20%

Sectors: 9 of the 11 sectors closed higher. Energy led, gaining +1.87%. Utilities lagged, falling -0.32%.

Commodities: Crude Oil rose +0.53% to $58.95 per barrel. Gold rose +0.28% to $4,232 per oz.

Currencies: The US Dollar Index dropped -0.45% to $98.87.

Crypto: Bitcoin is currently up +2.71% to $93,776. Ethereum is up +6.43% at $3189.

Volatility: The Volatility Index dropped -2.96% to 16.09.

Interest Rates: The US 10-year Treasury yield fell to 4.063%.




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 Dylan Tanen (@hihotraders).
 

  • The Transportation ETF ($IYT) logged its second-highest close ever today, sitting less than -0.2% below record highs. It outperformed the S&P 500 by more than +2% today, marking its best relative performance since July.
     
  • Transports have been largely absent from the current bull market, but this vital group is quietly completing a four-year base. Transports could even see sustainable leadership next year if $IYT/$SPY reclaims its 2004 lows.
     
  • A breakout would also satisfy one of the key tenets of Dow Theory, which states that the companies that move the goods (Transports) should confirm the trend of the companies that make the goods (Industrials).

The Takeaway: Transportation stocks are flirting with record levels after outperforming by a notable margin today. $IYT has completed a four-year base, and a breakout would further confirm the current bull market.
 
 



Quote of the Day


"Markets give you a lot of information
if you're willing to listen."
 

- Frank Teixeira


Top Links
 

What 8 Charts Reveal About the S&P 500 - CappThesis
Frank Cappelleri breaks down eight must-see charts that speak to the current market environment. 

Historic Health Care Relative Strength - Bespoke
Bespoke looks at the recent run in the Health Care sector ($XLV).

Primary Uptrends Stay Intact - Alfonso's Daily Note
Alfonso De Pablos highlights key levels in the Industrial ($XLI) and Communications ($XLC) sectors. 

December Market Seasonality: Stock Trader's Almanac explains - Yahoo Finance
Jeff Hirsch discusses December seasonality and the Santa Claus Rally. 

Sector Flows Contrast, Small-Caps, And Derivatives Growth - Strategas Asset Management
Todd Sohn examines ETF flows and the growing popularity of leveraged products. 


Top Tweets 

 

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