$XLE broke below its 50MA and $XLE : $SPY broke below its November uptrend pic.twitter.com/rU6UWF3AuZ — Bailey.Baxter2020 (@BBaxter2020) July 7, 2021 Today’s Chart of the Day was shared by Bailey Baxter (@BBaxter2020). It’s a chart of the Energy sector over the past year, on both an absolute (top) and relative (bottom) basis. The Energy sector has been […]
Archives for July 2021
Daily Chart Report ? Tuesday, July 6th, 2021
Sponsored By: Today’s Summary Tuesday, July 6th, 2021 Indices: The major indices closed lower to start the week, with the exception of the Nasdaq. The Dow fell 209 points or 0.60%. The S&P 500 snapped a seven-day winning streak, slipping 0.20%. The Nasdaq inched up 0.17% to a fresh record high. The Russell 2000 notably underperformed, dropping 1.36%. Sectors: 4 of the 11 sectors […]
Chart of the Day – Tuesday, July 6th, 2021
Everyone talking about about the space race between Jeff Bezos and Richard Branson, but the joke is on them. The real race has been won by Amazon stock, which just broke out to new all-time highs on the back of a potential "breakaway gap." $4,220 ahead? pic.twitter.com/neCeZl1b0N — Tom Bruni, CMT (@BruniCharting) July 6, 2021 […]
Daily Chart Report ? Friday, July 2nd, 2021
Sponsored By: Today’s Summary Friday, July 2nd, 2021 Indices: Stocks closed at record highs for the 4th of July!…with the exception of Small-Caps. The Dow rose 153 points or 0.44%. The S&P 500 closed at a record high for the seventh straight day, gaining 0.75%. The Nasdaq also closed at a record high, rising 0.81%. The Russell 2000 underperformed by a wide margin, falling 1.01%. […]
Chart of the Day – Friday, July 2nd, 2021
Today’s Chart of the Day was shared on Twitter by Carter Worth (@CarterBWorth). The Nasdaq 100 just closed higher for the 7th consecutive week. Carter points out that the Nasdaq has only done this 17 other times since the inception of the index over 35 years ago. Of those 17 prior instances, the following week closed higher […]
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