Is the market stretched? Somewhat.Can it get even more so? Sure.$SPX pic.twitter.com/ZXwbcyp4e8 — Brian G (@alphacharts) February 16, 2024 🏆 Today’s Chart of the Day was shared by Brian G (@alphacharts). The S&P 500 is beginning to stray from its long-term moving average. It’s up more than +10% from its 10-month moving average – the most […]
Daily Chart Report 📈 Thursday, February 15, 2024
Powered By: Today’s Summary Thursday, February 15, 2024 Indices: Russell 2000 +2.45% | Dow +0.91% | S&P 500 +0.58% | Nasdaq +0.21% Sectors: 10 of the 11 sectors closed higher. Energy led, gaining +2.79%.Tecnology lagged, falling -0.21%. Commodities: Crude Oil futures rose +1.24% to $77.59 per barrel. Gold futures gained +0.53% $2,015 per oz. Currencies: The US Dollar Index dropped -0.41% to $104.28. Crypto: Bitcoin inched higher by +0.19% to $51,942. Ethereum rose +1.73% to a new 52-week high […]
Chart of the Day – Thursday, February 15, 2024
All-time daily closing high for the NYSE Composite Index. pic.twitter.com/TsKmmUpIG5 — Louis Spector, CMT (@EastCoastCharts) February 15, 2024 🏆 Today’s Chart of the Day was shared by Louis Spector (@EastCoastCharts). The NYSE Composite closed at an all-time high today for the first time since January 12th, 2022. This index contains over 2000 stocks, providing a […]
Daily Chart Report 📈 Wednesday, February 14, 2024
Powered By: Today’s Summary Wednesday, February 14, 2024 Indices: Russell 2000 +2.44% | Nasdaq +1.18% | S&P 500 +0.96% | Dow +0.40% Sectors: 9 of the 11 sectors closed higher. Industrials led, gaining +1.67%. Consumer Staples lagged, falling -0.19%. Commodities: Crude Oil futures fell –1.58% to $76.64 per barrel. Gold futures inched lower by -0.14% $2,004 per oz. Currencies: The US Dollar Index fell -0.14% to […]
Chart of the Day – Wednesday, February 14, 2024
The #ValentinesDay Indicator is indeed flashing some GREEN this year. S&P 500 >4% YTD on this day? The rest of the year was higher 26 out of 28 times and up 13.3% on avg vs 7.5% for all years. Also, the last six times all gained 10% or more, with an avg return of nearly […]
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