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It was a great week overall, with the S&P 500, Nasdaq, and Dow closing higher. Our Fibonacci extensions still point to ~4% potential on the S&P 500 and ~5% on the Nasdaq from recent pivots.

That said, the put/call ratio is extremely low—a classic “everyone’s buying calls” read. Historically, that can precede a 1%-3% dip or pause over the next week. Treat that as mental prep, not a signal to fight the trend.
 

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Sector & Asset Highlights

Presented below is a quick look at some highlights from the week's trading.

Biggest gainers:

• URA, up +8.11%, and GDX, up +5.19%, led the session. Uranium caught another power-up, and gold miners benefited as metals firmed despite a rising dollar. You can never accuse this market of being boring.

Biggest losers:

• IBIT, down -2.07%, and XOP, down -2.12%, lagged. Energy pulled back, with crude stair-stepping lower under declining MAs; crypto-linked flows cooled.

Bonds:

• Treasuries (TLT) slipped as recent rate-cut enthusiasm faded and some profit-taking hit the tape.

Gold & silver:

• GLD and SLV were slightly positive intraday while they digested the dollar’s bounce. Seasonality and multi-timeframe structures remain supportive for gold.

Crude oil:

• Crude oil (USO) was still pinned below downward-sloping averages, as sellers pressed each overbought pop.

Open Positions Recap

Provided below is a recap of my positions.

ACS strategy:

• SPY moved up +2.84% from entry (partial profits locked in)
• QQQ moved up +3.97% from entry (partial profits locked in)

BAN strategy:

• SSO moved up +5.74% from entry (partial profits locked in)
• QLD moved up +7.80% from entry (partial profits locked in)
• XLC moved up +9.59% from entry (partial profits locked in)

Closed BAN trades:

• IBIT saw a gain of +1.50%
• SILJ saw a gain of +10.25%

TTI strategy:

• SPY moved up +12.24% from entry

Discretionary trade:

• PHYS moved up +5.86% from entry (partial profits locked in)

Concluding Thoughts

It was another solid week for us and our positions. We learned a little and watched our positions move higher. Let’s keep thinking like a defensive driver—eyes up, scan the mirrors, and respect the rules and the market. Our job isn’t to predict every wiggle; it’s to protect capital, ride trends, and let compounding do the heavy lifting.

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