$SPX not far from a potential bullish 50/200-sma cross, turned down in March. Earnings could be a catalyst. $SPX needs a close > 4100 to break out of this range. pic.twitter.com/hfFIYccw4C — Larry Tentarelli, Blue Chip Daily (@LMT978) January 24, 2023 Today’s Chart of the Day was shared by Larry Tentarelli (@LMT978). Get ready to […]
Daily Chart Report ? Monday, January 23rd, 2023
Sponsored By: Today’s Summary Monday, January 23rd, 2023 Indices: Nasdaq 100 +2.18% | Russell 2000 +1.25% | S&P 500 +1.19% | Dow +0.76% Sectors: All 11 sectors closed higher for the second session in a row. Technology led, gaining +2.28%. Utilities lagged but still managed to close positive by +0.03%. Commodities: Crude Oil futures were flat and continue to trade around $81.62 per barrel. Gold futures were also flat and continue […]
Chart of the Day – Monday, January 23rd, 2023
Today’s Chart of the Day was shared in a note by John Roque (@daChartLife). It’s a ratio chart of the S&P 500 vs. the rest of the world since 1970. One of the most noteworthy themes so far in 2023 has been the underperformance of US Stocks vs. International Stocks. US Stocks have dominated for […]
Daily Chart Report ? Friday, January 20th, 2023
Sponsored By: Today’s Summary Friday, January 20th, 2023 Indices: Nasdaq 100 +2.86% | S&P 500 +1.89% | Russell 2000 +1.69% | Dow +1.00% Sectors: All 11 sectors closed higher. Communications led, gaining +3.13%. Health Care lagged but still rose +0.50%. Commodities: Crude Oil futures moved higher by +1.28% to $81.64 per barrel. Gold futures rose +0.22% to an eight-month high of $1,928 per ounce. Currencies: The US Dollar Index inched lower by -0.06% to a seven-month […]
Chart of the Day – Friday, January 20th, 2023
#ES_F, 1d Bearish vs Bullish view pic.twitter.com/9JtXlNXTbX — Yuriy Matso (@yuriymatso) January 20, 2023 Today’s Chart of the Day was shared by Yuriy Matso (@yuriymatso). The S&P 500 fell -0.66% this week, marking its first down week of the new year. It spent the majority of the week chopping between its rising 50-day moving average, and its […]
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