A brief overview of last week's market action.

Analyst Commentary:

• Domestic Equities slipped over the past week, as the Nasdaq Composite (NASD) was down -0.65%. However, domestic equities remain the most favored asset class, ranking first on the DALI asset class rankings as we close out Q3 2025.

• The Communication Services sector maintains its first-place position in the DALI sector rankings as the sector continues to push into new all-time highs. However, the group sits in overbought territory with a possible cooling in the near term.

• Better late than never... The Russell 2000 (RUT) notched new all-time chart highs over the last few weeks after taking nearly four years to do so. Other extended all-time high droughts were followed by strong performance in the next few months.

• Often dubbed the “bear killer,” October's end has historically ushered in the beginning of the seasonally strong six months. Although the month is responsible for some of the largest market crashes, October has ended positive more often than not.

• Foreign market representative (ACWX) is on track to outpace domestic equities by double digits through Q3 for the first time since 2009, demonstrating the continued strength within international equities.

• Interested in finding out where the "Weight of the Evidence" sits for major markets as we move into Q4 2025? Join our team of experts Thursday, 10/02 in our webinar. See you there!

Nasdaq Dorsey Wright’s Weekly Featured Chart:

 To read more on communication services, you can read Tuesday's featured article HERE.

Major US Index Technical Review:

A summary of the performance of major indices, in addition to their Point & Figure information. 

The Group Score Minute:

Senior Equity Specialist Steve Raymond dives into the latest trends and changes within our Asset Class Group Scores. To listen now, click HERE or on the image below. 

Nasdaq Dorsey Wright Products:

The AdvisorShares Dorsey Wright FSM U.S. Core ETF (DWUS) is comprised of 2 ETFs—primarily in domestic large-cap equities—that demonstrate in our opinion, favorable relative strength characteristics.  During periods in which the Advisor believes the market indicates broad equity weakness and cash strength, the Fund invests in fixed-income ETFs with a short or ultra-short duration, money market funds, cash and cash equivalents.  To learn more about DWUS, Click HERE.

Want More? Don't Miss Out on Our Podcasts!

This week, Ian and Joseph discuss small cap improvements in recent weeks, developments in the semiconductors and technology sector, and Chinese equities. To listen now, click HERE or on the image below. 

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