Sponsored By: Today’s Summary Wednesday, October 16th, 2019 Indices: US stocks were slightly lower in today’s session with the Dow Jones Industrial Average closing down 23 points or 0.08%. The S&P 500 and Nasdaq fell 0.20% and 0.30%, respectively. The Russell 2000, on the other hand, inched higher by 0.12%. Sectors: Consumer Discretionary led, gaining 0.41%. Energy lagged, falling 1.39%. Commodities: Crude Oil futures moved higher by 0.41% to $53.59 per barrel. Gold futures […]
Archives for October 2019
Chart of the Day – Wednesday, October 16th, 2019
Today’s Chart of the Day was shared on Twitter by @TradeTraders. It’s a daily candlestick chart of the iShares Home Construction ETF, $ITB. The ETF is up nearly 50% year-to-date, and it closed at a new 52-week high today. Some of the top holdings in $ITB include: $DHI, $LEN, $NVR, $PHM and $SHW. As you […]
Are European Financials Finally Ready to Rally?
European Financials have been a mess for over a decade. In fact, they never really recovered from the 2008 Financial Crisis. However, the chart suggests they could be ready to rally. Dana Lyons shared this chart on Twitter today. It’s a daily candlestick chart of the Europe STOXX Bank Index. As you can see, the […]
Daily Chart Report ? Tuesday, October 15th, 2019
Sponsored By: Today’s Summary Tuesday, October 15th, 2019 Indices: US stocks closed higher in today’s session with the Dow Jones Industrial Average advancing 237 points or 0.89%. The Nasdaq was the strongest of the major averages, gaining 1.24%. Sectors: Health Care led, gaining 1.82%. Consumer Staples lagged, falling 0.43%. Commodities: Crude Oil futures fell 1.46% to $53.59 per barrel. Gold futures dropped 0.94% to $1,484 per ounce. Currencies: The US Dollar […]
Chart of the Day – Tuesday, October 15th, 2019
Today’s Chart of the Day was shared on Twitter by Aaron Jackson (@ATMcharts). It’s a ratio chart of the Consumer Discretionary sector ($XLY) relative to the Consumer Staples sector over the past 12-months. When the ratio is rising, it means Consumer Discretionary stocks are outperforming Consumer Staples stocks and vice versa. Aaron points out that […]
- « Previous Page
- 1
- …
- 4
- 5
- 6
- 7
- 8
- …
- 11
- Next Page »