Market Pulse Weekly: S&P 500, NASDAQ 100, and IBIT BTC / Bitcoin
End of Week: Friday, October 10, 2025
S&P 500
Market Regime: Uptrend
Weekly Consideration: Hold (effective Tuesday, October 14, 2025, at the open)
Brief:
The S&P 500 concluded the week with a decline, yet it maintains its overall bullish market regime. Entering the new quarter, market participants will be observing key economic indicators for direction.
NASDAQ 100
Market Regime: Uptrend
Weekly Consideration: Hold (effective Tuesday, October 14, 2025, at the open)
Brief:
The NASDAQ 100 experienced a pull-back this week. Despite the weekly decline, the index retains its bullish market posture. The start of the new quarter presents a period of renewed focus on growth sectors.
IBIT (BTC / Bitcoin)
Market Regime: Downtrend
Weekly Consideration: Sell/Hedge (effective Tuesday, October 14, 2025, at the open)
Brief:
IBIT saw a notable move lower this week, shifting into a bearish market regime. As the new quarter begins, current market dynamics suggest a need for caution.
Macro Summary
The week concluded with heightened market volatility, primarily influenced by trade tensions after President Trump announced potential new 100% tariffs on China. This development contributed to a sharp sell-off across major U.S. stock indexes on Friday.