Market Wrap-Up: Fed Delivers, S&P 500 Soars... but Gold Miners Shine

 

Hey traders, let’s wrap up this wild week without turning it into a novel—because it’s Saturday, and I’d rather be smoking meat, than slaving over the charts!

FOMC Recap: 

Picking up from last week, the FOMC delivered the expected 0.25% rate cut. Bears hoping for a “sell the news” moment got smoked—when was the last time good news tanked this market? The Fed, as usual, handed Wall Street’s finest a smooth ride into monthly options expiration (OPEX), fueling a 5-6 month winning streak. Love it or hate it, that’s how the game’s played.

S&P 500's Historic Milestone 

Picking up from last week, the FOMC delivered the expected 0.25% rate cut. Bears hoping for a “sell the news” moment got smoked—when was the last time good news tanked this market? The Fed, as usual, handed Wall Street’s finest a smooth ride into monthly options expiration (OPEX), fueling a 5-6 month winning streak. Love it or hate it, that’s how the game’s played.

The S&P 500 is now +1000% off its 2008 low of 666. Remember that call? I nailed it back then on Yahoo Finance boards, though good luck finding proof—my charts from 2015 keep getting flagged as “sensitive content.” Coincidence? You decide. Either way, this milestone’s gone oddly quiet in the media. No confetti for a 1000% run? Strange.

Flagged as Sensitive Content in 2015   

 

Here I cam calling the same target on the $SOX back in 2015, low-and-behold there's another Sensitive Content warning placed on the chart. 😠

 

Seeing as both these tweets are from 2015, I'm going to assume that it was the $SOX chart, that refreshed my memory, or the 2008 bottom, and to be clear I'm not trying to do a deep dive into occult numerology. 

In 2008 I was kind of joking, although the chart target seemed to line up pretty well. I blogged on the subject at some point, but apparently deleted it.       

Anyhow, If I'm correct, that the 6666 target is a thing, and that Sept. Options Expiration was the "finish line", then markets should soon go from sizzling, so fizzling, as profit taking ensues. 

Sector Rotations & Swing Trades   

I have a lot of sectors I'm tracking, so I'm going to just throw it all out there, and you can skim though it. 

Trading Precious Metals, Gold/ Silver Miners, Crypto, and anything else that moves

Thursday the wife caught a massive rally in small caps - in her 401k - although I kept the cards close to my chest. 

We also got a little 2% pullback in Silver, and gold miners, before I turned bullish again. That may be confusing for traders who thought I was calling the absolute top, but confirming a reversal takes time, and patience. More on the gold miner trade in a moment.        

The setup for Friday's rally 

Silver continues to be bought ahead of triple witching options expiration. $GDX Gold miners "" pic.twitter.com/XmQKkZo1Wm

— Veteran Market Timer (@3Xtraders) September 18, 2025

 

Gold Miners ($GDX): My top pick this week. Silver and gold miners caught fire into OPEX, with a monster swing trade. It’s becoming a very crowded trade; I think you're going to want to buy dips, and sell rips".

Crypto 

Crypto continues to under-perform and I think there could be more pain ahead. 

Bitcoin trades into a big bear flag. Sadly, big tech stocks are probably going to be taken down with it. $BTC #CryptoCrash pic.twitter.com/C4HvxE7kYC

— Veteran Market Timer (@3Xtraders) September 19, 2025

Bitcoin’s stuck in a bear flag, and I’m not convinced it’s safe yet. Big tech might feel the pain if crypto cracks, but the big players seem hell-bent on propping up crypto for now. 

Take Care, AA  

P.S.: “Update: Those ‘sensitive content’ flags on my 2015 charts? Just got them removed on appeal. Guess my calls were too hot for the censors! Follow me on X (

@3Xtraders

) to see the unflagged charts.”

 

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