Daily Chart Report ? Thursday, June 17th, 2021

Today’s Summary
Thursday, June 17th, 2021

Indices: US Stocks were mixed in today's session. The Dow fell 210 points or 0.62%. The S&P 500 was flat (0.04%), while the Nasdaq rose 0.87%. The Russell 2000 underperformed, dropping 1.18%.

Sectors: 7 of the 11 sectors closed higher. Tech led, gaining 1.16%. Energy lagged dropping 3.40%.

Commodities: Crude Oil futures fell 1.51% to $71.06 per barrel. Gold futures had their worst day in more than six months, tumbling 4.68% to $1,774 per ounce.

Currencies: The US Dollar Index continued higher by 0.55%.

Interest Rates: The 10-year US Treasury yield fell to 1.506%.

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 by Christian Fromhertz (@cfromhertz). It's a chart of Large-Cap Growth vs. Large-Cap Value over the past five years ($IWF/$IWD). As a reminder when the ratio is rising it means Growth is outperforming Value and vice versa. It's been a tough year for Growth stocks, but the tide may be turning. Growth has been underperforming Value since last September. However, this ratio broke out from that nine-month downtrend in today's session. In other words, we're currently set up for a rotation back into Growth stocks in the coming weeks/months.

Quote of the Day

"Trends, like horses, are easier to ride in the direction they are going."

– John Naisbitt