Sponsored By: Today’s Summary Monday, August 10th, 2020 Indices: US Stocks were mixed in today’s session. The Dow Jones Industrial Average advanced 358 points or 1.30%. The S&P 500 closed higher for the seventh day in a row, rising 0.27%. The Nasdaq underperformed, slipping 0.39%. The Russell 2000 gained 0.99%. Sectors: Energy led, rising 3.09%. Health Care lagged, falling 0.34%. Commodities: Crude Oil futures moved higher by 1.75% to $41.94 per […]
Archives for August 2020
Chart of the Day – Monday, August 10th, 2020
Check this out: The recovery since March 23 continues to look like the recovery from the March 2009 low in terms of both price (at top) and breadth (below). #SPX #SP500 pic.twitter.com/gQZGvRFO5V — Jurrien Timmer (@TimmerFidelity) August 10, 2020 Today’s Chart of the Day was shared on Twitter by Jurrien Timmer of Fidelity (@TimmerFidelity). […]
Daily Chart Report ? Friday, August 7th, 2020
Sponsored By: Today’s Summary Friday, August 7th, 2020 Indices: US Stocks were mixed today’s session. The Dow Jones Industrial Average rose 47 points or 0.17%. The S&P 500 closed higher for the sixth day in a row, inching up 0.06%. The Nasdaq underperformed, dropping 0.87%. The Russell 2000 outperformed, gaining 1.59%. Sectors: Financials led, gaining 2.14%. Tech lagged, falling 1.49%. Commodities: Crude Oil futures moved lower by 0.83% to […]
Chart of the Day – Friday, August 7th, 2020
Another look at breadth, using % stocks >50-d or 200-d. Poor participation + divergences hasn’t stopped a 4-mo rally back to ATHs. This is nothing new. Divergences can last days or a year. Markets can peak with or without them, on ‘good breadth’ or bad. In real time, worthless pic.twitter.com/QI1EKqqzPY — ukarlewitz (@ukarlewitz) August 7, […]
Daily Chart Report ? Thursday, August 6th, 2020
Sponsored By: Today’s Summary Thursday, August 6th, 2020 Indices: US Stocks continued higher in today’s session with the Dow Jones Industrial Average gaining 185 points or 0.68%. The S&P 500 and Nasdaq rose 0.64% and 1.00%, respectively. Small-Caps underperformed, slipping 0.10%. Sectors: Communications led, gaining 2.63%. Energy lagged, falling 0.80%. Commodities: Crude Oil futures slipped 0.57% to $41.95 per barrel. Gold futures rose 0.98% to a record high of $2,069 per ounce. Currencies: The US […]
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