Sponsored By: Today’s Summary Thursday, September 24th, 2020 Indices: US Stocks closed higher in today’s session with the Dow Jones Industrial Average inching up 52 points or 0.20%. The S&P 500 and Nasdaq rose 0.30% and 0.37%, respectively. Small-Caps underperformed, ending flat on the day (0.02%). Sectors: 9 of the 11 sectors closed higher. Utilities led, gaining 1.12%. Health Care lagged, slipping 0.50%. Commodities: Crude Oil […]
Chart of the Day – Thursday, September 24th, 2020
Ladies and gentlemen, we have a Dow Theory nonconfirmation. Higher highs in one index not confirmed by higher highs in the other. Now both indexes threatening new swing lows. $INDU $DJIA $TRAN $DJIT pic.twitter.com/srXrQ443zV — David Keller, CMT (@DKellerCMT) September 24, 2020 Today’s Chart of the Day was shared on Twitter by David Keller (@DKellerCMT). […]
Daily Chart Report ? Wednesday, September 23rd, 2020
Sponsored By: Today’s Summary Wednesday, September 23rd, 2020 Indices: US Stocks closed lower in today’s session with the Dow Jones Industrial Average falling 525 points or 1.92%. The S&P 500 and Nasdaq dropped 2.37% and 3.02%, respectively. Small-Caps underperformed, with the Russell 2000 sliding 3.04%. Sectors: All 11 sectors closed lower by more than 1%. Health Care led, but still slipped 1.03%. Energy lagged, dropping 4.52%. Commodities: Crude […]
Chart of the Day – Wednesday, September 23rd, 2020
Go go greenback. Classic(?) three drives lower with RSI divergence. pic.twitter.com/YScJUxY7Rc — Michael Kahn, CMT (@mnkahn) September 23, 2020 Today’s Chart of the Day was shared on Twitter by Michael Kahn (@mnkahn). It’s a daily bar chart of the US Dollar Index over the past year. The US Dollar moved higher for the fourth straight […]
Daily Chart Report ? Tuesday, September 22nd, 2020
Sponsored By: Today’s Summary Tuesday, September 22nd, 2020 Indices: US Stocks closed higher in today’s session with the Dow Jones Industrial Average gaining 140 points or 0.52%. The S&P 500 and Nasdaq rose 1.05% and 1.71%, respectively. The Russell 2000 closed higher by 0.79%. Sectors: Consumer Discretionary led, gaining 2.11%. Energy lagged, falling 1.03%. Commodities: Crude Oil futures moved higher by 0.66% to $39.80 per barrel. Gold futures slipped 0.69% to $1,904 […]
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