Daily Chart Report ? Monday, January 25th, 2021

Today’s Summary
Monday, January 25th, 2021

Indices: US Stocks were mixed to start the week. The Dow Jones Industrial Average inched lower by just 37 points or 0.12%. The S&P 500 and Nasdaq both closed at record highs, rising 0.36% and 0.69%, respectively. Small-Caps underperformed, with the Russell 2000 slipping 0.25%.

Sectors: 7 of the 11 sectors closed higher. Utilities led, gaining 2.01%. Energy lagged, falling 1.02%.

Commodities: Crude Oil futures moved higher by 0.96% to $52.77 per barrel. Gold futures were flat and continue to trade around $1,855 per ounce.

Currencies: The US Dollar Index inched higher by 0.14%.

Interest Rates: The 10-year US Treasury yield dropped to 1.030%.

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

Chart of the Day

Today’s Chart of the Day was shared on Twitter by Sarah Ponczek of Bloomberg (@SarahPonczek). The chart shows the weekly percent change of S&P 500 Growth vs. S&P 500 Value. Sarah points out that Growth outperformed Value by more than 4% last week, marking the best week for Growth vs. Value since 2008. Growth trounced Value for the majority of last year but paused in the fourth quarter. Every time we’ve seen Growth pause over the past few years, we see the narrative emerge that Value is setting the stage for a meaningful comeback. Unfourtunatly for Value investors, that comeback remains a mirage. For now, the trend continues to reward those who swim with it in terms of Growth vs. Value. Last week’s impressive outperformance was a reminder that Growth is still very much alive and in the driver’s seat.

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Quote of the Day

“Treat it like a casino and the house is gonna win.”

– Anthony Maceroni