Sponsored By: Today’s Summary Wednesday, July 3rd, 2019 Indices: US stocks were higher in today’s abbreviated session with the Dow Jones Industrial Average gaining 179 points or 0.67%. The S&P 500 was the strongest of the major indices gaining 0.77%. Sectors: Real Estate led for the second day in a row gaining 1.44%. Energy lagged for the second day in a row, falling 0.40%. Commodities: Crude […]
Archives for July 2019
Chart of the Day – Wednesday, July 3rd, 2019
Today’s chart of the day was shared on Twitter by Aksel Kibar (@TechCharts). It’s a weekly candlestick chart of McDonald’s ($MCD). The chart shows $MCD breaking out of an Ascending Triangle that took 4 months to form. An Ascending Triangle is a bullish continuation pattern that features a horizontal resistance line coupled with an upward sloping support […]
Daily Chart Report ? Tuesday, July 2nd, 2019
Sponsored By: Today’s Summary Tuesday, July 2nd, 2019 Indices: US stocks were higher in today’s session with the Dow Jones Industrial Average gaining 69 points or 0.26%. The Russell 2000 was the weakest of the major indices, falling 0.58%. Sectors: Real Estate led, gaining 1.85%. Energy lagged, falling 1.60%. Commodities: Crude Oil futures dropped 4.81% to settle at $56.25 per barrel. Gold futures were higher by 1.37% to settle […]
Chart of the Day – Tuesday, July 2nd, 2019
Today’s chart of the day was shared on Twitter by Rich Meatto (@koyfinTrader). It’s a chart showing the performance of all 11 sectors of the S&P 500, over the trailing 12-months. Rich highlights how poorly the Energy sector ($XLE) has fared relative to the other sectors. As you can see, $XLE is down 14.85% while the S&P […]
Daily Chart Report ? Monday, July 1st, 2019
Sponsored By: Today’s Summary Monday, July 1st, 2019 Indices: US stocks jumped higher today to start the new week, month and quarter. The Dow Jones Industrial Average closed up 117 points or 0.44%. The S&P 500 advanced 0.77% and closed at a fresh all-time high. The Nasdaq was the strongest of the major indices, gaining 1.07%. Sectors: Technology led, gaining 1.59%. Utilities lagged, falling 0.25%. Commodities: Crude Oil […]