Daily Chart Report ? Thursday, August 12th, 2021

Today’s Summary
Thursday, August 12th, 2021

Indices: US Stocks were mostly higher in today’s session. The Dow was flat, ticking up just 10 points or 0.04%. The S&P 500 and Nasdaq rose 0.30% and 0.35%, respectively. The Russell 2000 underperformed, falling 0.28%.

Sectors: 7 of the 11 sectors closed higher. Health Care led, gaining 0.79%. Industrials lagged, slipping just 0.19%.

Commodities: Crude Oil futures moved lower by 0.23% to $69.09 per barrel. Gold futures ticked lower by just 0.09% to $1,752 per ounce.

Currencies: The US Dollar Index inched higher by 0.11%.

Interest Rates: The 10-year US Treasury yield rose to 1.361%.

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 Greg Krupinski (@G_krupins). It’s a chart of the Agricultural Commodities ETF, $DBA, over the past six months. This ETF provides exposure to Agricultural Commodities including Corn, Soybeans, Sugar, Coffee, Live Cattle, Lean Hogs, Cocoa, Wheat, and more. Over the past year, Agricultural Commodities have been in the process of reversing higher out of a multi-year downtrend. $DBA began its reversal higher last June, however, the rally ran out of steam this May, and it has been consolidating ever since. Price has tested and failed at resistance around $19.25 three times already this Summer. Will the fourth time be the charm?

Quote of the Day

“The most important thing in life is not to capitalize on your successes – any fool can do that. The really important thing is to profit from your mistakes.”

–  Dale Carnegie

‘Buying the Dip’ Has Been Strong Market Theme All Year Long: Expert - Fox Business
In this clip, Katie Stockton and Andrew Thrasher discuss the current market environment.