Technical Analysis

The S&P 500 finished the day higher by around 60 bps but, for the second time this week, failed to surpass the 6,750 level.

Quantum computing stocks have surged as investors race to invest in the potentially revolutionary technology.

Gold and silver continued to experience considerable volatility during trading on Wednesday, 22 October, with both metals seeing notable intraday fluctuations.

The technical overview shifted to volatile before last Tuesday’s plunge putting breakout strategies in play, while in sentiment fresh longs remain exposed.

The S&P 500 spent most of Tuesday, 21 October, trading sideways. However, gold and other precious metals made up for the lack of excitement in equities, with gold prices plunging by more than 5%.

Netflix approaches a key technical area as it approaches Q3 earnings, with the technical setup suggesting this could be a make-or-break moment for the stock.

Stocks increased on Monday, 20 October, as implied volatility levels dropped sharply ahead of VIX options expiry on Wednesday morning, which helped boost the stock market.

Options expiration is now behind us, which should lead to a broader trading range across the stock market and potentially greater volatility.

October 16, 2025, marked a significant downturn for the broader financial sector since April 2025, driven by renewed credit risk concerns, including disclosures of bad loans, fraud allegations, and potential defaults at regional banks like Zions Bancorporation.

Nvidia has become one of the most important stock for global equity sentiment, with unprecedented influence due to its sheer market weight and its critical role in both major indices and the growth narratives driving thematic and sector ETF flows.