The Advance-Decline Line, which generated a whole bunch of negative divergences in July-August, has now managed to generate a positive divergence. pic.twitter.com/Lzs9j5696i — Walter Deemer (@WalterDeemer) October 13, 2021 Today’s Chart of the Day was shared by Walter Deemer (@WalterDeemer). It’s a chart of the NYSE Advance-Decline Line over the past year, along with the S&P […]
Archives for October 2021
Daily Chart Report ? Tuesday, October 12th, 2021
Sponsored By: Today’s Summary Tuesday, October 12th, 2021 Indices: US Stocks closed slightly lower in today’s session with the Dow falling 118 points or 0.34%. The S&P 500 slipped 0.24%, while the Nasdaq inched lower by 0.14%. The Russell 2000 notably outperformed, gaining 0.61%. Sectors: 6 of the 11 sectors closed higher. Real Estate led, gaining 1.34%. Communications lagged, falling 0.93%. Commodities: Crude Oil futures inched up 0.15% to a seven-year high […]
Chart of the Day – Tuesday, October 12th, 2021
It's been 27 trading days since we hit a new high on the S&P 500. The last time we went this long was…exactly this time last year. New highs happened on Sept 2nd, both years, before a pause. Weird. pic.twitter.com/aZu9jdcRxM — Liz Young (@LizYoungStrat) October 12, 2021 Today’s Chart of the Day was shared by Liz […]
Daily Chart Report ? Monday, October 11th, 2021
Sponsored By: Today’s Summary Monday, October 11th, 2021 Indices: US Stocks kicked off the week on a sour note with the Dow falling 250 points or 0.72%. The S&P 500 and Nasdaq closed lower by 0.69% and 0.64%, respectively. The Russell 2000 slightly outperformed, but still declined 0.56%. Sectors: 2 of the 11 sectors closed higher. Real Estate led, inching up just 0.13%. Communications lagged, falling 1.51%. Commodities: Crude Oil […]
Chart of the Day – Monday, October 11th, 2021
Financials hit a new high late last week, but this week's earnings will go a long way in deciding whether or not they hold. $XLF https://t.co/C3T0tqnhsi pic.twitter.com/giAR7m6t2f — Bespoke (@bespokeinvest) October 11, 2021 Today’s Chart of the Day was shared by Bespoke (@bespokeinvest). It’s a daily candlestick chart of the Finacial sector ETF, $XLF, over the […]
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