10-Year Yield $TNX Crashes To All-Time Low (this is just a basic, unaltered log chart, FYI) $HighLowFriday pic.twitter.com/AXKXqlXIw3 — Dana Lyons (@JLyonsFundMgmt) March 6, 2020 Today’s Chart of the Day was shared on Twitter by Dana Lyons (@JLyonsFundMgmt). It’s a long-term chart of the 10-year US Treasury yield ETF, $TNX, going all the way back […]
Archives for March 2020
Daily Chart Report ? Thursday, March 5th, 2020
Sponsored By: Today’s Summary Thursday, March 5th, 2020 Indices: It was another bad day for US stocks, with the Dow Jones Industrial Average tumbling 970 points or 3.58%. The S&P 500 and Nasdaq dropped 3.39% and 3.10%, respectively. The Russell 2000 shed 3.42%. Sectors: All 11 sectors closed lower by at least 1.50%. Utilities led, but still closed lower by 1.54%. Industrials lagged, dropping 4.89%. Commodities: Crude Oil […]
Chart of the Day – Thursday, March 5th, 2020
The 2018/2019 "bottoming process" (it was indeed a V-bottom) saw a gnarly undercut on Day #6 (also a Thursday). The following day (Friday) markets ripped higher and never looked back. Just another potential scenario to keep in mind. $SPX $SPY pic.twitter.com/U1F1eFXRtF — Ian McMillan, CMT (@the_chart_life) March 5, 2020 Today’s Chart of the Day was […]
Daily Chart Report ? Wednesday, March 4th, 2020
Sponsored By: Today’s Summary Wednesday, March 4th, 2020 Indices: US stocks charged higher in today’s session with the Dow Jones Industrial Average surging 1,173 points or 4.53%. The S&P 500 and Nasdaq gained 4.22% and 3.85%, respectively. The Russell 2000 was the weakest of the major averages but still rose an impressive 3.04%. Sectors: All 11 sectors closed higher by at least 2%. Health Care […]
Chart of the Day – Wednesday, March 4th, 2020
Head scratcher. Chinese tech $KWEB vs. the NASDAQ $NDX $QQQ since the August lows. pic.twitter.com/lKwq88HRB6 — Greg Rieben (@gregrieben) March 4, 2020 Today’s Chart of the Day was shared on Twitter by Greg Rieben (@gregrieben). The chart compares the performance of the Chinese Technology ETF, $KWEB, to the Nasdaq 100 index, $NDX, since the August […]
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