Software testing breakout level today. Many breakouts are doing this today. $IGV $QQQ pic.twitter.com/2bH5MQYDOq — Matthew Timpane, CMT (@mtimpane) July 1, 2021 Today’s Chart of the Day was shared by Matthew Timpane (@mtimpane). It’s a daily candlestick chart of the Software ETF, $IGV, since the March 2020 low. The top-weighted stocks in this ETF include […]
Daily Chart Report ? Wednesday, June 30th, 2021
Sponsored By: Today’s Summary Wednesday, June 30th, 2021 Indices: US Stocks were mixed in today’s session. The Dow rose 210 points or 0.61%. The S&P 500 inched higher by just 0.13%, while the Nasdaq inched lower by 0.17%. The Russell 2000 was more or less flat (0.07%). Sectors: 6 of the 11 sectors closed higher. Energy led, gaining 1.24%. Real Estate lagged, falling 0.78%. Commodities: Crude Oil futures […]
Chart of the Day – Wednesday, June 30th, 2021
What a first 6 months, with the S&P 500 up 14.4% YTD. The good news is a strong first 6 mos usually means a strong next 6 mos. When the SPX is up >12.5% YTD at the end of June, the next 6 months are up a median of 9.7%. That is nearly 2x the […]
Daily Chart Report ? Tuesday, June 29th, 2021
Sponsored By: Today’s Summary Tuesday, June 29th, 2021 Indices: US Stocks were little changed in today’s session. The Dow was flat, ticking up just 9 points or 0.03%. The S&P 500 and Nasdaq were also pretty flat, changing just 0.03% and 0.19%, respectively. The Russell 2000 underperformed, falling 0.58%. Sectors: 3 of the 11 sectors closed higher. Technology led, rising 0.73%. Utilities lagged, falling 1.62%. Commodities: Crude […]
Chart of the Day – Tuesday, June 29th, 2021
The defensive areas of the market continue to get hit relative to the broader market $XLU $XLP / $SPY #stocks pic.twitter.com/RwF0BI6o4U — Grant Hawkridge (@granthawkridge) June 29, 2021 Today’s Chart of the Day was shared by Grant Hawkridge (@granthawkridge). It’s a chart of the Utilities sector vs. the S&P 500 (top), and the Consumer Staples sector […]
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