Sponsored By: Today’s Summary Thursday, November 5th, 2020 Indices: US Stocks continued higher in today’s session, with the Dow Jones Industrial Average advancing 543 points or 1.95%. The S&P 500 also rose by 1.95%, while the Nasdaq moved higher by 2.59%. Small-Caps outperformed, with the Russell 2000 gaining 2.78%. Sectors: Materials led, jumping 4.08%. Energy lagged and was unchanged. Commodities: Crude Oil futures fell 1.63% to $38.51 per barrel. Gold […]
Archives for November 2020
Chart of the Day – Thursday, November 5th, 2020
Today’s Chart of the Day was shared in a note by Pivot Analytics (@pivotanalytics). Stocks have gone vertical this week. The S&P 500 logged its 4th consecutive gain of 1% or more. Needless to say, this price action is quite rare. Before today, this has happened 11 times since 1930 and only 3 times since 1938. Taking a […]
Daily Chart Report ? Wednesday, November 4th, 2020
Sponsored By: Today’s Summary Wednesday, November 4th, 2020 Indices: US Stocks continued higher in today’s session with the Dow Jones Industrial Average gaining 368 points or 1.34%. The S&P 500 and Nasdaq gained 2.20% and 3.85%, respectively. Small-Caps significantly underperformed, with the Russell 2000 closing flat on the day (+0.05%). Sectors: 7 of the 11 sectors closed higher. Health Care led, jumping 4.44%. Materials […]
Chart of the Day – Wednesday, November 4th, 2020
$IWM is not up as much as $QQQ today, but the small-cap ETF sports a rising channel since June and an island reversal the last 7 days. Note that IWM forged a higher high in October and QQQ remains below its early September high. pic.twitter.com/4mIuR2K1DW — Arthur Hill, CMT (@ArthurHill) November 4, 2020 Today’s Chart […]
Daily Chart Report ? Tuesday, November 3rd, 2020
Sponsored By: Today’s Summary Tuesday, November 3rd, 2020 Indices: US Stocks continued higher in today’s session with the Dow Jones Industrial Average advancing 555 points or 2.06%. The S&P 500 and Nasdaq rose 1.78% and 1.85%, respectively. Small-Caps outperformed with the Russell 2000 gaining 2.91%. Sectors: 10 of the 11 sectors closed higher. Industrials led, rising 2.95%. Energy was the only sector to close lower, […]
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