Sponsored By: Today’s Summary Friday, May 14th, 2021 Indices: US Stocks ended the week on a positive note, with the Dow gaining 361 points or 1.06%. The S&P 500 and Nasdaq closed higher by 1.49% and 2.32%, respectively. The Russell 2000 outperformed, gaining 2.47%. Sectors: All 11 sectors closed higher. Energy led, gaining 3.10%. Consumer Staples lagged but still rose 0.44%. Commodities: Crude Oil futures moved higher by 2.43% to […]
Archives for May 2021
Chart of the Day – Friday, May 14th, 2021
Today’s Chart of the Day was shared by Doug Busch (@chartsmarter). It’s a weekly candlestick chart of Newmont Corporation, $NEM, over the past two years. Newmont is the largest stock in the popular Gold Mining ETF, $GDX, which has continued to push higher and outperform in recent weeks. $NEM just notched its highest daily close since 2011, […]
Daily Chart Report ? Thursday, May 13th, 2021
Sponsored By: Today’s Summary Thursday, May 13th, 2021 Indices: US Stocks recouped some of yesterday’s losses in today’s session, with the Dow rising 434 points or 1.29%. The S&P 500 and Nasdaq closed higher by 1.22% and 0.72%, respectively. The Russell 2000 outperformed rising 1.68%. Sectors: 10 of the 11 sectors closed higher. Utilities led, rising 1.93%. Energy was the only sector that closed lower, […]
Chart of the Day – Thursday, May 13th, 2021
Active investment managers have been active: NAAIM exposure index dropped to 47 this week, lowest level in a year. It's dropped 57 points over the past two weeks, third largest such decline in history (only larger were Mar 2020 and Jan 2008). pic.twitter.com/5C94MR9Sip — Willie Delwiche (@WillieDelwiche) May 13, 2021 Today’s Chart of the Day […]
Daily Chart Report ? Wednesday, May 12th, 2021
Sponsored By: Today’s Summary Wednesday, May 12th, 2021 Indices: US Stocks continued lower in today’s session with the Dow falling 682 points or 1.99%. The S&P 500 and Nasdaq dropped 2.14% and 2.67%, respectively. The Russell 2000 underperformed, tumbling 3.26%. Sectors: 10 of the 11 sectors closed lower. Energy was the only sector that closed higher, rising 0.48%. Consumer Discretionary lagged, dropping 3.39%. Commodities: Crude Oil futures moved higher […]
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