I am not big on analogs, but this $SPX one does give pause… #fairleadstrategies pic.twitter.com/SQSw7fN0OZ — Katie Stockton, CMT (@StocktonKatie) May 12, 2021 Today’s Chart of the Day was shared by Katie Stockton (@StocktonKatie). A lot of analysts have been pointing to this chart recently. It’s an analog chart comparing the current recovery (white) to the […]
Archives for May 2021
Daily Chart Report ? Tuesday, May 11th, 2021
Sponsored By: Today’s Summary Tuesday, May 11th, 2021 Indices: US Stocks closed lower in today’s session with the Dow Jones Industrial Average dropping 474 points or 1.36%. The S&P 500 fell 0.87%, while the Nasdaq managed to close flat (0.08%). The Russell 2000 slipped 0.26%. Sectors: Materials was the only sector that closed higher, rising 0.33%. Energy lagged, dropping 2.57%. Commodities: Crude Oil futures moved […]
Chart of the Day – Tuesday, May 11th, 2021
Almost half of S&P 500 hit a 52-week high yesterday. 44% is the highest single-day record in over twenty years. $SPY $SPX pic.twitter.com/4zruICWAEw — Andrew Thrasher, CMT (@AndrewThrasher) May 11, 2021 Today’s Chart of the Day was shared by Andrew Thrasher (@AndrewThrasher). Andrew highlights one bright spot within yesterday’s ugly price action. The S&P 500 […]
Daily Chart Report ? Monday, May 10th, 2021
Sponsored By: Today’s Summary Monday, May 10th, 2021 Indices: US Stocks kicked off the week on a sour note. The Dow Jones Industrial Average closed flat (-35 points or 0.10%). The S&P 500 fell 1.04%, while the Nasdaq dropped 2.55%. The Russell 2000 underperformed, falling 2.59%. Sectors: 6 of the 11 sectors closed higher. Utilities led, rising 1.01%. Tech lagged, dropping 2.52%. Commodities: Crude Oil futures […]
Chart of the Day – Monday, May 10th, 2021
Don't look now, but QQQs need to get it together by the close. $QQQ vs $SPX pic.twitter.com/T0IIurxJhE — David Zarling, CMT (@AdaptivCharts) May 10, 2021 Today’s Chart of the Day was shared by David Zarling (@AdaptivCharts). It’s a ratio chart of the Nasdaq 100 vs. the S&P 500 ($QQQ/$SPX) over the past 1.5 years. David […]
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