Sponsored By: Today’s Summary Monday, October 4th, 2021 Indices: US Stocks kicked off the week on a sour note, with the Dow falling 324 points or 0.94%. The S&P 500 and Nasdaq dropped 1.30% and 2.14%, respectively. The Russell 2000 declined 1.08%. Sectors: 3 of the 11 sectors closed higher. Energy led, gaining 1.63%. Tech lagged, dropping 2.32%. Commodities: Crude Oil futures gained 2.29% to a seven-year high of $77.62 per barrel. Gold futures rose 0.52% to […]
Chart of the Day – Monday, October 4th, 2021
I'm not a proponent of buying at resistance. Chase it here if you like but risk > reward until $57 is cleared. When/if it is, I'm 100% on board. But not there yet.$XLE pic.twitter.com/pS2QSzeAjX — Drew Wells, CMT, CIMA® (@DrewTheCharts) October 4, 2021 Today’s Chart of the Day was shared by Drew Wells (@DrewTheCharts). It’s […]
Daily Chart Report ? Friday, October 1st, 2021
Sponsored By: Today’s Summary Friday, October 1st, 2021 Indices: US Stocks closed higher in today’s session with the Dow rebounding 483 points or 1.43%. The S&P 500 and Nasdaq rose 1.15% and 0.82%, respectively. The Russell 2000 outperformed, gaining 1.69%. Sectors: None of the 11 sectors closed lower. Energy led by a wide margin, jumping 3.36%. Utilities lagged, closing unchanged. Commodities: Crude Oil futures rose 0.95% to $75.74 per barrel […]
Chart of the Day – Friday, October 1st, 2021
Commodities have outperformed Stocks over the last 18 months. The last time we saw that happen was back in 2010-2011… pic.twitter.com/XYBHOzeaQo — Charlie Bilello (@charliebilello) October 1, 2021 Today’s Chart of the Day was shared by Charlie Bilello (@charliebilello). It’s a ratio chart of Commodities vs. Stocks over the past 20-years (CRB Index vs. S&P 500). […]
Daily Chart Report ? Thursday, September 30th, 2021
Sponsored By: Today’s Summary Thursday, September 30th, 2021 Indices: US Stocks closed lower in today’s session, with the Dow falling 547 points or 1.59%. The S&P 500 and Nasdaq fell 1.19% and 0.44%, respectively. The Russell 2000 closed lower by 0.94%. Sectors: All 11 sectors closed lower. Communications led but still slipped 0.31%. Industrials lagged, dropping 2.05%. Commodities: Crude Oil futures rose 0.27% to $75.03 per barrel. Gold futures rebounded 1.98% to $1,757 […]
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