Sponsored By: Today’s Summary Friday, November 6th, 2020 Indices: US Stocks ended this stellar week on a quiet note, with the indices closing slightly lower. The Dow Jones Industrial Average slipped 67 points or 0.24%. The S&P 500 and Nasdaq were more or less unchanged (0.03% and 0.04%, respectively.) The Russell 2000 underperformed, falling 0.96%. Sectors: Consumer Staples led, gaining 0.46%. Energy lagged, dropping 2.16%. Commodities: Crude […]
Chart of the Day – Friday, November 6th, 2020
New all-time weekly closing highs for the Nasdaq 100 $QQQ Note: Fibonacci extension: 2000-2002 crash. pic.twitter.com/ko9tvp7LfU — R. Alfonso Depablos (@AlfCharts) November 6, 2020 Today’s Chart of the Day was shared on Twitter by Alfonso Depablos (@AlfCharts). It’s a weekly candlestick chart of the Nasdaq 100 ETF, $QQQ over the past 3.5 years. $QQQ climbed […]
Daily Chart Report ? Thursday, November 5th, 2020
Sponsored By: Today’s Summary Thursday, November 5th, 2020 Indices: US Stocks continued higher in today’s session, with the Dow Jones Industrial Average advancing 543 points or 1.95%. The S&P 500 also rose by 1.95%, while the Nasdaq moved higher by 2.59%. Small-Caps outperformed, with the Russell 2000 gaining 2.78%. Sectors: Materials led, jumping 4.08%. Energy lagged and was unchanged. Commodities: Crude Oil futures fell 1.63% to $38.51 per barrel. Gold […]
Chart of the Day – Thursday, November 5th, 2020
Today’s Chart of the Day was shared in a note by Pivot Analytics (@pivotanalytics). Stocks have gone vertical this week. The S&P 500 logged its 4th consecutive gain of 1% or more. Needless to say, this price action is quite rare. Before today, this has happened 11 times since 1930 and only 3 times since 1938. Taking a […]
Daily Chart Report ? Wednesday, November 4th, 2020
Sponsored By: Today’s Summary Wednesday, November 4th, 2020 Indices: US Stocks continued higher in today’s session with the Dow Jones Industrial Average gaining 368 points or 1.34%. The S&P 500 and Nasdaq gained 2.20% and 3.85%, respectively. Small-Caps significantly underperformed, with the Russell 2000 closing flat on the day (+0.05%). Sectors: 7 of the 11 sectors closed higher. Health Care led, jumping 4.44%. Materials […]
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