So, the biggest, baddest company in the world is going to complete a double top right in the middle of a bull market for stocks? Is that really the bet you want to make? I'm making the bet this is just a failed top in $AAPL pic.twitter.com/ABNilAZNMl — Steven Strazza (@sstrazza) April 24, 2024 🏆 […]
Daily Chart Report 📈 Tuesday, April 23, 2024
Powered By: Today’s Summary Tuesday, April 23, 2024 Indices: Russell 2000 +1.79% | Nasdaq +1.51% | S&P 500 +1.20% | Dow +0.69% Sectors: 10 of the 11 sectors closed higher. Communications led, gaining +1.52%. Materials were the only sector that closed lower, dropping -0.86%. Commodities: Crude Oil futures rose +1.78% to $83.36 per barrel. Gold […]
Chart of the Day – Tuesday, April 23, 2024
And we are back through the 2/22 gap. Pretty solid short-term defensive save. Also, no OS reading yet on RSI – nice stand there, too. If we can now hold this area, chances increase that the drawdown is close to being over…$SPX $SPY $ES_F pic.twitter.com/OQTm4xuIjN — Ian McMillan, CMT (@the_chart_life) April 23, 2024 🏆 Today’s […]
Daily Chart Report 📈 Monday, April 22, 2024
Powered By: Today’s Summary Monday, April 22, 2024 Indices: Nasdaq +1.02% | Russell 2000 +1.02% | S&P 500 +0.87% | Dow +0.67% Sectors: All 11 sectors closed higher. Financials led, gaining +1.21%. Materials lagged but still inched higher by +0.10%. Commodities: Crude Oil futures fell -0.39% to $81.90 per barrel. Gold futures dropped -2.79% to $2,346 per oz. Currencies: The US Dollar Index was flat (-0.04%) at $106.12. Crypto: Bitcoin rose +2.93% to $66,855. Ethereum gained +1.69% to $3,202. […]
Chart of the Day – Monday, April 22, 2024
🏆 Today’s Chart of the Day was shared by CoinMetrics (@coinmetrics). Bitcoin completed its fourth Halving over the weekend. It went into the weekend on thin ice, testing the prior cycle highs at $65k. However, it refused to break down. Bitcoin Halving is a form of monetary policy written into its code to occur every […]