Weekly Trend Scan: S&P 500, NASDAQ 100, and IBIT
End of week: Friday, August 22, 2025
S&P 500 (SPX)
Weekly Recommendation: Buy, effective Monday, August 25, 2025 at the open
Brief:
Markets ended the week on a strong bullish note, powered by a surge in optimism following Federal Reserve Chair Powell’s Jackson Hole speech. This enthusiasm pushed the S&P 500 back into record-high territory, underscoring a clear upward momentum heading into next week. A buy recommendation reflects continued conviction in further gains as markets respond to easing expectations.
NASDAQ 100 (NDX)
Weekly Recommendation: Buy, effective Monday, August 25, 2025 at the open
Brief:
The tech-heavy NASDAQ exhibited significant strength, joining its peers in rallying on the heels of dovish Fed signals. Record highs across major indices reflect renewed investor confidence in growth-oriented sectors. A buy stance is warranted as the tech rally remains firmly intact.
Bitcoin (IBIT)
Weekly Recommendation: Hold, effective Monday, August 25, 2025 at the open
Brief:
Bitcoin rallied sharply in response to renewed risk appetite, reclaiming much of its recent losses. While momentum is improving, caution remains sensible amid still-volatile crypto conditions and an absence of fresh highs. Holding maintains exposure without overcommitting until broader strength confirms.