Indicator shows consecutive days above 50 day moving average. Current streak is 67 days 2017 had two instances of streaks above 100 days. pic.twitter.com/JMhl8AllZR — Steve Place (@stevenplace) January 17, 2020 Today’s Chart of the Day was shared on Twitter by Steve Place (@stevenplace). It’s a chart of the S&P 500 ETF, $SPY, over the […]
Archives for January 2020
Daily Chart Report ? Thursday, January 16th, 2020
Sponsored By: Today’s Summary Thursday, January 16th, 2020 Indices: US stocks were higher in today’s session, with the Dow Jones Industrial Average advancing 267 points or 0.92%. The Nasdaq gained 1.06%, while the S&P 500 closed higher by 0.84%. The Russell 2000 was the strongest of the major averages, jumping 1.31%. Sectors: All 11 sectors closed higher. Technology led, gaining 1.34%. Energy lagged but […]
Chart of the Day – Thursday, January 16th, 2020
With the S&P>3300, a 10% correction now takes it back to its Oct all-time high. (red line) But won't a 10% correction get everyone to freak out, POTUS to tweet like mad, and a general feeling that the world is ending? All this can now happen without the S&P trading below 3000! pic.twitter.com/JanokIhrGv — Jim […]
Daily Chart Report ? Wednesday, January 15th, 2020
Sponsored By: Today’s Summary Wednesday, January 15th, 2020 Indices: US stocks were higher in today’s session. The Dow Jones Industrial Average advanced 91 points or 0.31% and closed above 29,000 for the first time ever. The Nasdaq was flat, while the S&P 500 closed higher by 0.19%. The Russell 2000 was the strongest of the major averages, gaining 0.40%. Sectors: Utilities led, gaining 1.40%. Real […]
Chart of the Day – Wednesday, January 15th, 2020
Something to watch, $TLT breaking a 5 month falling wedge today pic.twitter.com/LK8rlrnm5t — Greg Harmon (@harmongreg) January 15, 2020 Today’s Chart of the Day was shared on Twitter by Greg Harmon (@harmongreg). It’s a daily candlestick chart of the 20+ year Treasury Bond ETF, $TLT. Greg points out that the ETF broke out of a […]
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