Pre-Election Seasonality Suggests August Could Be Bumpy For Equity Markets$SPX $SPY https://t.co/3C3dUJqJzg pic.twitter.com/oSPBxeRjhk — Andrew Thrasher, CMT (@AndrewThrasher) August 1, 2023 Today’s Chart of the Day was shared by Andrew Thrasher (@AndrewThrasher). The S&P 500 closed higher for the fifth consecutive month in July. However, stocks have historically been weak over the next few months, […]
Chart of the Day – Wednesday, August 2, 2023
$SPX S&P 500 Index, daily line chart highlighting important price levels over the trailing 12-months. Is it Fitch or overhead supply? pic.twitter.com/08etMEaAmG — Shane C. Murphy (@murphycharts) August 2, 2023 Today’s Chart of the Day was shared by Shane Murphy (@murphycharts). Many are blaming the newfound weakness on the US Debt downgrade. However, this is […]
Daily Chart Report 📈 Monday, July 31, 2023
Powered By: Today’s Summary Monday, July 31, 2023 Indices: Russell 2000 +1.09% | Dow +0.28% | S&P 500 +0.15% | Nasdaq +0.04% Sectors: 8 of the 11 sectors closed higher. Energy led, gaining +1.90%. Health Care lagged, falling -0.77%. Commodities: Crude Oil futures rose +1.51% to a three-month high of $81.80 per barrel. Gold futures gained +0.47% to $2,009 per oz. Currencies: The US Dollar Index rose +0.16% to $101.86. Crypto: Bitcoin inched […]
Chart of the Day – Monday, July 31, 2023
Gold is getting little media attention, even as it remains just 5% below all-time highs. Source: Bloomberg pic.twitter.com/qLMmSKqzko — Nick Reece (@nicholastreece) July 31, 2023 Today’s Chart of the Day was shared by Nick Reece (@nicholastreece). Gold has been perking up again, only this time, nobody seems to care. Nick points out that the number […]
Daily Chart Report 📈 Friday, July 28, 2023
Powered By: Today’s Summary Friday, July 28, 2023 Indices: Nasdaq +1.85% | Russell 2000 +1.36% | S&P 500 +0.99% | Dow +0.50% Sectors: 9 of the 11 sectors closed higher. Communications led for the third straight day, gaining +1.97%. Real Estate lagged, falling -0.29%. Commodities: Crude Oil futures rose +0.61% to a three-month high of $80.58 per barrel. Gold futures gained +0.65% to $1,998 per oz. Currencies: The US Dollar […]
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