Weekly Open - 05/05/2025 - S&P 500 to continue winning streak? A strong DXY will put pressure on the metals

DXY closes above 100 and could continue its move upwards. VIX continues to cool off. HYG has a non-eventful week. Major Indices across the globe continue to rebound & more.

Welcome to the Weekly Open. A massive thank you to all new Founding Members, Paid Subscribers, Free Subscribers and followers. If you are yet to subscribe, then please do so!

As usual, my apologies if any data and/or information has changed as a result of Asian/early European trading.

Below are the major indices across the globe and their performance compared to the previous week. Overall, it was a good week! Everything was up and things seem to be going ‘back to some form of normal’. I’ve maintained that my thesis is that we will see a blow off top and I continue to stick by that.

One month on, and despite a very turbulent April, most major indices are roughly where they were on ‘Liberation Day’ on 2nd April 2025.

DOW JONES = UP 1,200.4 points (2.99%)

NASDAQ = UP 649.15 points (3.34%)

S & P 500 = UP 160.88 points (2.91%) - Longest daily winning streak

FTSE 100 = UP 109.5 points (1.28%)

DAX = UP 755.5 points (3.38%)

NIKKEI = UP 1,228 points (3.41%)

HANG SENG = UP 594 points (2.69%)

DOW JONES

NASDAQ

S & P 500

Nikkei (Japan)

Hang Seng (Hong Kong)

DAX (Germany)

FTSE 100

---

Podcast + Posts

This week ahead sees recordings taking place with

Tim Price 😃

,

Matt Smith @ Crisis Investing

and also Steven Hochberg from Elliot Wave International. These podcasts will be made available to paid subscribers first before being released to free subscribers at a later date.

If you are yet to subscribe to

The Contrarian Capitalist

then please do so using the button below.

---

Become a PAID SUBSCRIBER/FOUNDING MEMBER TODAY and get £9,000 of value for just £12 a month!

Contrarian Capitalist PAID Subscribers get:

• ALL Market Newsletters (£3,000+ Value) - Weekly Open/Wrap & Monthly Wrap) including charts, analysis & exclusive commentaries

• EXCLUSIVE EARLY ACCESS to ALL podcasts (£3,500+ value)

• Access to FULL ARCHIVE of ALL posts (£2,500+ value), including commodity deep dives, historical pieces and Layman's articles

Contrarian Capitalist FOUNDING MEMBERS get:

• Lifetime membership - pay ONCE and NEVER renews! ALL paid subscriber benefits in a ONE-OFF lifetime payment. I plan on doing this for a LONG time, so this is a spectacular long-term option.

---

There will be a post out on Monday 5th May (happy bank holiday to those in the UK) about Bonds: Yields, Curves, Inversions and simple examples.

A lot of Substackers seem to make the assumption (rightly or wrongly) that a lot of their readers know everything about what they are podcasting and/or writing about. I will continue to be a ‘Contrarian’ and do a post every once in a while, that really goes into Layman’s terms about a subject.

I find that it helps myself to remember the information and also might help you (if you did not already know about the subject matter). Feedback is always useful so please do continue to provide as much of it as possible.

I’m currently working on a few other articles at the moment that will look at Basel III regulations, coinage laws/acts in England since 1066 and a couple of element deep dives. That being said, the week ahead will be a heavy podcast week!

Let’s move onto Treasury Yields, DXY, VIX and HYG.