While Bitcoin has had a huge run in the last couple of weeks and is stretched based on many measures, its still no where near the level above its 200-day MA like it was in 2017 or 2018. $BTC $GBTC pic.twitter.com/Slskrmfouo — Andrew Thrasher, CMT (@AndrewThrasher) November 24, 2020 Today’s Chart of the Day was […]
Archives for November 2020
Daily Chart Report ? Monday, November 23rd, 2020
Sponsored By: Today’s Summary Monday, November 23rd, 2020 Indices: US Stocks kicked off Turkey Week on a positive note, with the Dow Jones Industrial Average advancing 328 points or 1.12%. The S&P 500 and Nasdaq rose 0.56% and 0.22%, respectively. Small-Caps outperformed with the Russell 2000 gaining 1.85%. Sectors: 8 of the 11 sectors closed higher. Energy led by a wide margin, jumping 7.07%. Real […]
Chart of the Day – Monday, November 23rd, 2020
If you're looking for a top, STOP. We're closer to the beginning of the move, not the end. pic.twitter.com/TTHBYHQxfM — JasonLeavitt (@JasonLeavitt) November 23, 2020 Today’s Chart of the Day was shared by Jason Leavitt (@JasonLeavitt). It’s a monthly candlestick chart of the Russell 2000 ETF, $IWM, over the past four years. There’s been a […]
Daily Chart Report ? Friday, November 20th, 2020
Sponsored By: Today’s Summary Friday, November 20th, 2020 Indices: US Stocks closed lower in today’s session, with the Dow Jones Industrial Average falling 219 points or 0.75%. The S&P 500 and Nasdaq slipped 0.68% and 0.42%, respectively. Small-Caps outperformed with the Russell 2000 ending flat on the day (0.07%). Sectors: 10 of the 11 sectors closed lower. Utilities was the only sector to close […]
Chart of the Day – Friday, November 20th, 2020
Today’s Chart of the Day was shared by Frank Cappelleri of Instinet (@FrankCappelleri). It’s a daily bar chart of the US Dollar Index ($DXY) over the past six months. Frank points out that the Dollar has been stuck in a range between 92 and 95 since July. It’s trading below its 50, and 200-day moving […]
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