Sponsored By: Today’s Summary Monday, April 27th, 2020 Indices: US Stocks kicked off the week on a positive note with the Dow Jones Industrial Average closing higher by 359 points or 1.51%. The S&P 500 and Nasdaq gained 1.47% and 1.11%, respectively. Small-Caps outperformed by a wide margin, with the Russell 2000 jumping 3.96%. Sectors: All 11 sectors closed higher. Financials led, gaining 3.40%. Consumer Staples […]
Chart of the Day – Monday, April 27th, 2020
There's a war going on at these levels, and it makes sense to be on the sidelines until a resolution presents itself. Dependent on how the market reacts to these levels, it'll likely dictate where we're headed for the next few months. But first, we need to be patient. $SPY $TLT pic.twitter.com/F4tLFIittm — Louis (@haumicharts) […]
Daily Chart Report ? Friday, April 24th, 2020
Sponsored By: Today’s Summary Friday, April 24th, 2020 Indices: US Stocks ended the week on a positive note with the Dow Jones Industrial Average advancing 260 points or 1.11%. The S&P 500 and Nasdaq gained 1.39% and 1.65%, respectively. The Russell 2000 rose 1.56%. Sectors: All 11 sectors closed higher. Technology led, gaining 2.12%. Energy lagged but still inched higher by 0.23%. Commodities: The June Crude Oil futures contract […]
Chart of the Day – Friday, April 24th, 2020
Contrarian data point – $Energy stocks starting to price in recovery. Despite front month $Crude collapsing this week, ZERO stocks in the $SPX Energy Sector traded to a 52-week low. @StrategasRP pic.twitter.com/ZRtkq1LnPd — Chris Verrone (@verrone_chris) April 24, 2020 Today’s Chart of the Day was shared on Twitter by Chris Verrone of Strategas Research (@verrone_chris). […]
Daily Chart Report ? Thursday, April 23rd, 2020
Sponsored By: Today’s Summary Thursday, April 23rd, 2020 Indices: US Stocks ended mostly flat after giving back the day’s earlier gains. The Dow Jones Industrial Average closed higher by just 40 points or 0.17%. The S&P 500 and Nasdaq changed just 0.05% and 0.01%, respectively. The Russell 2000 was the strongest of the major indices, gaining 1.04%. Sectors: Energy led by a wide margin, gaining 3.23%. Utilities lagged […]
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