Why the big picture is critical – especially now: Nearly all global Stock markets are back in uptrends (rising 200dmas). This condition defined all Bull Markets in history. It's one of the strongest readings ever – usually seen at the start of Major advances. Follow the trend. pic.twitter.com/vnew2jU9hG — Macro Charts (@MacroCharts) February 17, 2021 […]
Archives for February 2021
Daily Chart Report ? Tuesday, February 16th, 2021
Sponsored By: Today’s Summary Tuesday, February 16th, 2021 Indices: US Stocks closed slightly lower in today’s session. The Dow Jones Industrial Average inched higher by 64 points or 0.20%. The S&P 500 was flat (0.06%), while the Nasdaq slipped 0.34%. The Russell 2000 underperformed, falling 0.72%. Sectors: 3 of the 11 sectors closed higher. Energy led, gaining 2.51%. Utilities lagged, falling 1.12%. Commodities: Crude Oil futures […]
Chart of the Day – Tuesday, February 16th, 2021
Here come the Alts charging out of a 3yr double-bottom base. $ETH.X $ADA.X $DOT.X $LTC.X $DOGE.X pic.twitter.com/OWP3lJQtlE — Brian G (@alphacharts) February 14, 2021 Today’s Chart of the Day was shared on Twitter by Brian (@alphacharts). Bitcoin hit $50,000 today for the first time! While this is an exciting milestone, there are some other bullish developments in the Crypto market that […]
Daily Chart Report ? Friday, February 12th, 2021
Sponsored By: Today’s Summary Friday, February 12th, 2021 Indices: US Stocks ended the week on a positive note, with the Dow, S&P, and Nasdaq all closing at all-time highs. The Dow inched higher by 28 points or 0.09%. The S&P 500 and Nasdaq gained 0.47% and 0.50%, respectively. The Russell 2000 rose 0.18%. Sectors: 9 of the 11 sectors closed higher. Energy led, gaining 1.48%. […]
Chart of the Day – Friday, February 12th, 2021
$VIX closed below 20 for the first time in almost a year Historical cases of elevated but falling volatility led to more gains for stocks over the next 6-12 months: Dec 2009: S&P +12.6% over next yearMay 2003: S&P +16.4% over next yearJuly 1999: bubble lasted another 9 months pic.twitter.com/TpQh33h2d8 — Troy Bombardia (@bullmarketsco) February […]
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