Stock Market Update Tuesday July 1, 2025 Big Tech stocks declined at the start of the third quarter, pulling the Nasdaq 100 down almost 1%. The S&P 500 was unchanged, while the Dow Jones Industrial Average rose about 1%, boosted by cyclical and value stocks.
Here's how the major indexes performed:
* S&P 500 (SPX): -0.1%
* Nasdaq 100 (QQQ): -0.9%
* Russell 2000 (IWM): +0.9%
Away From Stocks: In the fixed income market, Treasury yields showed a bear-flattening trend. The 2-year Treasury yield increased by 6 basis points to 3.78%, while the 30-year yield remained stable around 4.78%. This indicates rising expectations of stricter monetary policy in the short term. WTI crude oil continued to rise, nearing $66 a barrel. Gold prices rose sharply to $3,338 per ounce, suggesting higher demand for safe-haven assets. Bitcoin's price decreased slightly to $105,500. Volatility: The VIX volatility index remained just under 17, close to recent lows, as markets anticipate important macroeconomic data later in the week.
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Bottom Line:
If the S&P 500 Equal Weight ETF (RSP) ends the week within its current price range, our special model will generate a buy signal for the week. If this happens, all five major indexes will have confirmed buy signals on both a daily and weekly basis. Our next W.D. Gann Cycle Pivot Date will be released later this month. You can find out more in our premium Discord channel.
June 9, 2025 Our proprietary algorithm has issued weekly buy signals across four of the five major U.S. equity benchmarks—the S&P 500 (SPY), Nasdaq-100 (QQQ), Russell 2000 (IWM), and Dow Jones Industrial Average (DIA).
Tuesday, April 29, 2025, we have IWM & RSP ETFs; the two are the most important indexes to give buy signals. Now, we have all five major indexes with buy signals generated from our proprietary algorithm. Monday, April 28, 2025, we had a buy signal generated from our proprietary algorithm for the Dow Jones ETF DIA on the daily chart. The market structure continues to improve, breadth thrusts confirm internal strength, and technical conditions suggest that while short-term upside could be capped, the path of least resistance remains higher.
April 25, 2025 Technical Outlook: SPY, QQQ, and DIA have daily buy signals. Sector ETFs (XLK, AIQ, SMH, XLY) have triggered buy signals. April 24, 2025, VIX has a daily sell signal (bullish for equities), as do Bitcoin and Apple.
W.D. Gann Cycle Pivot Date: S&P 500 on Saturday, April 5, 2025. Historically, these cycle dates often coincide with significant inflection points in price action. While the market will be closed on Saturday, we will be watching for a potential pivot either into Friday’s close or by Monday’s session. Weekly sell signals persist across all five major indexes.