Sponsored By: Today’s Summary Thursday, May 14th, 2020 Indices: US Stocks closed higher after clawing back some of the day’s earlier losses. The Dow Jones Industrial Average advanced 377 points or 1.62%. The S&P 500 and Nasdaq gained 1.15% and 0.91%, respectively. The Russell 2000 was the weakest of the major indices but still managed to close positive by 0.35%. Sectors: 10 of the 11 […]
Archives for May 2020
Chart of the Day – Thursday, May 14th, 2020
4 week retail sentiment (AAII) now lowest since March 2009. Meaningful in a bull market, not in a bear market pic.twitter.com/ZeaEr6w25W — ukarlewitz (@ukarlewitz) May 14, 2020 Today’s Chart of the Day was shared on Twitter by Urban Carmel (@ukarlwitz). It’s a chart of the S&P 500 over the past 20-years. The blue indicator in […]
Daily Chart Report ? Wednesday, May 13th, 2020
Sponsored By: Today’s Summary Wednesday, May 13th, 2020 Indices: US Stocks closed lower in today’s session with the Dow Jones Industrial Average dropping 517 points or 2.17%. The S&P 500 and Nasdaq fell 1.75% and 1.55%, respectively. The Russell 2000 was the weakest of the major indices, sliding 3.32%. Sectors: All 11 sectors closed lower for the second day in a row. Utilities led […]
Chart of the Day – Wednesday, May 13th, 2020
Asking for a friend. $BKX $SPX pic.twitter.com/lXk56nE0uQ — Mark Ungewitter (@mark_ungewitter) May 13, 2020 Today’s Chart of the Day was shared on Twitter by Mark Ungewitter (@mark_ungewitter). It’s a ratio chart of the Bank Index ($BKX) versus the S&P 500 index over the past 15 years. This ratio made an all-time low today. In other words, […]
Daily Chart Report ? Tuesday, May 12th, 2020
Sponsored By: Today’s Summary Tuesday, May 12th, 2020 Indices: US Stocks closed lower after giving up some of the day’s earlier gains. The Dow Jones Industrial Average fell 457 points or 1.89%. The S&P 500 and Nasdaq dropped 2.05% and 2.06%, respectively. The Russell 2000 was the weakest of the major indices, tumbling 3.46%. Sectors: All 11 sectors closed lower. Consumer Staples led but still […]
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