We're now 128 days — six months and six days — past the S&P 500's October low. If the S&P makes a new low from here, it'd be the second-longest bear market rally in all bears since 1950 (only behind the 194-day bear rally in the tech bubble bear) That'd be hella painful too😬 pic.twitter.com/RWuKalDpYS […]
Archives for April 2023
Daily Chart Report 📈 Tuesday, April 18th, 2023
Powered By: Today’s Summary Tuesday, April 18th, 2023 Indices: S&P 500 +0.09% | Nasdaq 100 +0.03% | Dow -0.03% | Russell 2000 -0.40% Sectors: 7 of the 11 sectors closed higher. Industrials led, gaining +0.48%. Health Care lagged, falling -0.68%. Commodities: Crude Oil futures were flat and continue to trade at $80.90 per barrel. Gold futures gained +0.63% to $2,020 per oz. Currencies: […]
Chart of the Day – Tuesday, April 18th, 2023
If looking to play China but without the volatility and geopolitical risks involved… consider France – heavyweight luxury names in the basket have plenty of exposure to the region. pic.twitter.com/30A6oviBA7 — Todd Sohn (@Todd_Sohn) April 18, 2023 Today’s Chart of the Day was shared by Todd Sohn (@ToddSohn). Europe has continued to outperform the US since […]
Daily Chart Report 📈 Monday, April 17th, 2023
Powered By: Today’s Summary Monday, April 17th, 2023 Indices: Russell 2000 +1.22% | S&P 500 +0.33% | Dow +0.30% | Nasdaq 100 +0.06% Sectors: 8 of the 11 sectors closed higher. Real Estate led, gaining +2.27%. Energy lagged, falling -1.18%. Commodities: Crude Oil futures fell -2.05% to $80.83 per barrel. Gold futures fell –0.44% to $2,007 per oz. Currencies: The US Dollar Index rose +0.51% to $102.10. Crypto: Bitcoin dropped -2.74% to $29,500. Ethereum fell -1.98% to $2,078. Interest Rates: The US 10-year Treasury yield rose to […]
Chart of the Day – Monday, April 17th, 2023
Big tech is tight. Trading in a 3% range for more than 2 weeks.$QQQ pic.twitter.com/5dvuJaiv8r — Greg Rieben (@gregrieben) April 17, 2023 Today’s Chart of the Day was shared by Greg Rieben (@gregrieben). Greg points out that $QQQ has been trading in a tight range of less than 3% so far this month. Keep in mind, this […]
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