9/22/2026 Daily Recap: Nasdaq new all time high!
- $QQQ closing up nearly 1% with a new all time closing high. $SPY also less than 1% away from a new all time closing high.
- $USO down another 2.75% which should continue to provide a lift for growth names
- $DRAM jumping back into a leadership role $MU $SNDK $SNDK following through on elevated volume.
- $SMH also continues to show power. $AMD the undisputed leader in that group for the moment. But not far behind $ASX $NVDA $TSM $ALAB $MRVL $ARM $ASML $SWKS. This is the exact group we all want to see acting well.
- SPY did not flinch on the back of $XLF which closed down 2% today. $JPM $C $MS $WFC $BAC
- $GLD $SLV Gold and silver miners were coming to life. $NEM $AEM $WPM $AUGO $IAG constructive charts out of the miners.
- $DE carries the torch for industrials.
- $BTC $ETH tight rest day, doing nothing wrong here.
- Copper hitting new highs despite being a crowded long. $FCX $SCCO sticking around.
- $IGV hard to explain why there was as much selling in software as their was today but the group is still fine.
- $CIBR still a leading group $OKTA $RBRK $CRWD $FTNT $NET $PANW all worth monitoring