Daily Chart Report ? Monday, April 26th, 2021

Today’s Summary
Monday, April 26th, 2021

Indices: US stocks were slightly mixed to start the week. The Dow Jones Industrial Average inched lower by 0.18%, while the S&P 500 inched higher by 0.18%. The Nasdaq rose 0.87%. The Russell 2000 outperformed, gaining 1.15%.

Sectors: 7 of the 11 sectors closed higher. Energy led, rising 0.67%. Consumer Staples lagged, falling 1.12%.

Commodities: Crude Oil futures slipped 0.37% to $61.91 per barrel. Gold inched higher by 0.13% to $1,780 per ounce.

Currencies: The US Dollar Index was unchanged.

Interest Rates: The 10-year US Treasury ticked higher to 1.568%.

Here are the best charts, articles, and ideas being shared on the web today!

Chart of the Day

Today’s Chart of the Day was shared on Twitter by David Keller (@DKellerCMT). It's a chart of the US 10-year Treasury yield over the past three years ($TNX). David points out that the 10-year yield looks poised to move higher after a brief pause. Not to mention, the Copper/Gold ratio, which is highly correlated to interest rates broke out to its highest level since 2018 today. The pause in rates over the past few weeks has allowed Growth to rebound relative to Value. However, if rates pick back up in the near term, Value will likely catch a bid once again.

Quote of the Day

"Sweat more during peace:
bleed less during war."

– Sun Tzu