$QQQ Coffee anyone? ☕️ pic.twitter.com/wdyMAmtgZI — TrendSpider (@TrendSpider) March 29, 2023 Today’s Chart of the Day was shared by TrendSpider (@TrendSpider). It’s a 65-min candlestick chart of the Nasdaq 100 ETF ($QQQ) over the past two months. Today, the media declared that the Nasdaq is in a new bull market, as it’s up more than 20% […]
Archives for March 2023
Daily Chart Report 📈 Tuesday, March 28th, 2023
Sponsored By: Today’s Summary Tuesday, March 28th, 2023 Indices: Russell 2000 -0.06% | Dow -0.12% | S&P 500 -0.16% | Nasdaq 100 -0.49% Sectors: 5 of the 11 sectors closed higher. Energy led, gaining +1.55%. Communications lagged falling -0.82%. Commodities: Crude Oil futures rose +0.54% to $73.20 per barrel. Gold gained +1.01% to $1,974 per oz. Currencies: The US Dollar Index fell -0.39% to $102.43. Crypto: Bitcoin was flat at $27,148. Ethereum rose +3.25% to $1,772. Interest Rates: The US 10-year Treasury […]
Chart of the Day – Tuesday, March 28th, 2023
Micro caps hanging in there for now. If the bears are still in control of this market, this level shouldn't hold pic.twitter.com/R4nNcQN0yw — Austin Harrison, CFA, CMT (@meanstoatrend) March 28, 2023 Today’s Chart of the Day was shared by Austin Harrison (@meanstoatrend). We have a tale of two markets on our hands right now. The […]
Daily Chart Report 📈 Monday, March 27th, 2023
Sponsored By: Today’s Summary Monday, March 27th, 2023 Indices: Russell 2000 +1.08% | Dow +0.60% | S&P 500 +0.17% | Nasdaq 100 -0.74% Sectors: 8 of the 11 sectors closed higher. Energy led, gaining +2.13%. Technology lagged falling -0.77%. Commodities: Crude Oil futures rose +5.13% to $72.81 per barrel. Gold dropped -1.51% to $1,954 per oz. Currencies: The US Dollar Index fell -0.27% to $102.84. Crypto: Bitcoin fell -2.95% to $27,177. Ethereum dropped -3.59% to $1,712. Interest Rates: The US 10-year Treasury yield […]
Chart of the Day – Monday, March 27th, 2023
$RSP vs. $SPX pic.twitter.com/7cpxMA7JMQ — Larry Thompson (@HostileCharts) March 27, 2023 Today’s Chart of the Day was shared by Larry Thompson (@HostileCharts). It’s a ratio chart of the Equal Weight S&P 500 vs the traditional Cap Weight S&P 500 (RSP/SPX). Breadth has become a concern in recent weeks, as a handful of Mega Cap Tech stocks […]
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