Now this, kids, is what a *real* parabolic advance looks like. But in the words of Merrill Lynch's legendary Bob Farrell, "Parabolic advances usually go further than you think, but they do not correct by going sideways". #ForTheArchives pic.twitter.com/QIfH9lFzMd — Walter Deemer (@WalterDeemer) February 4, 2020 Today’s Chart of the Day was shared on Twitter […]
Daily Chart Report ? Monday, February 3rd, 2020
Sponsored By: Today’s Summary Monday, February 3rd, 2020 Indices: US stocks kicked off the week on a positive note, with the Dow Jones Industrial Average rebounding 144 points or 0.51%. The Nasdaq was the strongest of the major indices, gaining 1.34%, while the S&P 500 rose 0.73%. The Russell 2000 advanced 1.21%. Sectors: Materials led, gaining 2.10%. Energy lagged, falling 1.31%. Commodities: Crude Oil futures moved lower by 1.45% to […]
Chart of the Day – Monday, February 3rd, 2020
Oil liquidation continues for the 15th down day out of the past 19. Technically oversold and coming into prior support. Careful trying to catch, but worth watching. $CL_F $USO pic.twitter.com/QMg0PrFQ72 — Evan Medeiros (@EvanMedeiros) February 3, 2020 Today’s Chart of the Day was shared on Twitter by Evan Medeiros (@EvanMedeiros). It’s a daily candlestick chart […]
Daily Chart Report ? Friday, January 31st 2020
Sponsored By: Today’s Summary Friday, January 31st, 2020 Indices: US stocks ended the week/month on a sour note with the Dow Jones Industrial Average shedding 603 points or 2.09%. The S&P 500 and Nasdaq fell 1.77% and 1.59%, respectively. The Russell 2000 droped 2.07%. Sectors: 10 out of the 11 sectors closed lower. Consumer Discretionary was the only sector to close higher, gaining 0.26%. Energy lagged, dropping 3.12%. Commodities: Crude […]
Chart of the Day – Friday, January 31st, 2020
$GLD Hitting ~6-Year High, But… #HighLowFriday pic.twitter.com/O5WHGzyQ3e — Dana Lyons (@JLyonsFundMgmt) January 31, 2020 Today’s Chart of the Day was shared on Twitter by Dana Lyons (@JLyonsFundMgmt). It’s a line chart of the Gold ETF, $GLD, since 2011. $GLD and Gold Futures closed at their highest level in over 6-years today. While new highs are […]
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