Animal Spirits Board the $ARKK ๐ The Daily Chart Report
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Todayโs Summary
Friday, June 20, 2025
Indices: Dow +0.08% | Russell 2000 -0.17% | S&P 500 -0.22% | Nasdaq 100 -0.43%
Sectors: 6 of the 11 sectors closed higher. Energy led, gaining +1.02%. Materials lagged, falling -0.68%.
Commodities: Crude Oil rose +0.46% to $73.84 per barrel. Gold fell -0.66% to $3,386 per oz.
Currencies: The US Dollar Index was unchanged at $98.77.
Crypto: Bitcoin fell -1.31% to $103,316. Ethereum dropped -4.53% to $2,407.
Volatility: The Volatility Index dropped -6.99% to 20.61.
Interest Rates: The US 10-year Treasury yield fell to 4.377%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
๐ Today's Chart of the Day was shared by Randy Dunham (@itmrandy).
- Speculative growth stocks have staged an impressive comeback recently, with the Ark Innovation ETF ($ARKK) breaking out to a three-year high today.
- It soared +9% this week while the S&P 500 remained unchanged, marking the best week for $ARKK vs. $SPY since November and the 9th best on record.
- Randy notes the resurgence in speculative growth looks sustainable, with $ARKK breaking out on both an absolute and relative basis. Top holdings currently include $TSLA, $COIN, $CRCL, $ROKU, and $RBLX.
The Takeaway: With $ARKK breaking out to multi-year highs on both an absolute and relative basis, the rotation into speculative growth looks sustainable.
Quote of the Day
"Predicting rain doesn't count,
building the ark does,"
- Warren Buffett
Top Links
The Ark Has Arrived - The Strazza Letter
Steve Strazza examines the breakout in the Ark Innovation ETF ($ARKK).
Homebuilders are Still Missing the Party - Alfonso's Daily Note
Alfonso De Pablos looks at the continued weakness in Homebuilding stocks ($ITB).
Stock Market & Crypto Analysis June 20, 2025 - Brian Shannon
Brian Shannon breaks down this week's price action and some key levels to watch next week.
Commodities With a Pulse๐ข๏ธ - The Daily Number
Grant Hawkridge highlights the recent strength in Commodities.
Why Defensive Stocks Have Disappeared | Chartpalooza Special - The Compound
Todd Sohn and Matt Cerminaro join Josh Brown and Michael Batnick to discuss some of the hottest charts in the market.
Top Tweets