Today’s Chart of the Day was shared in a note by Jeff Hirsch (@AlmanacTrader). The table shows the performance of the four major indices on the last trading day of the year over the past two decades. Jeff points out that the last trading day of the year (tomorrow) has historically been the worst-performing day within the […]
Chart of the Day – Wednesday, December 29th, 2021
$DJIA joining the party at new all-time highs. pic.twitter.com/7OxCrObHzf — Shane C. Murphy (@murphycharts) December 29, 2021 Today’s Chart of the Day was shared by Shane Murphy (@murphycharts). It’s a daily candlestick of the Dow Jones Industrial Average over the past year. The Dow rose for the sixth consecutive day today, but more importantly, it […]
Chart of the Day – Tuesday, December 28th, 2021
The idea that lower volume rallies are not reliable is oddly prevalent. But look and learn for yourself. This @trendspider chart for $QQQ includes a 20-day MA for volume which clearly trends down as the market goes up. ? pic.twitter.com/QqlNlOJMwo — Jonathan Harrier, CMT (@jonathanharrier) December 28, 2021 Today’s Chart of the Day was shared […]
Chart of the Day – Monday, December 27th, 2021
TOY (Turn of Year) Barometer has begun by Wayne Whaley -Nov. 19 – Jan. 19. -Bullish if >3% $SPX return during this time period. -n=36 -Forward 12-month SPX returns = 16.4% -% positive rate= 96% -Down in 1987 & 2018 only -Fired bullish in 2021, up 26%+$SPY pic.twitter.com/TQfAP6brCZ — Seth Golden (@SethCL) December 27, 2021 […]
Chart of the Day – Thursday, December 23rd, 2021
I was promised an Omicron catastrophe pic.twitter.com/ttbu9SKKUz — ???????? ????? (@pineconemacro) December 23, 2021 Today’s Chart of the Day was shared by Pinecone Macro (@pineconemacro), It’s a daily candlestick chart of S&P 500 futures over the past three months. Christmas came early for the bulls this year, with the S&P 500 closing at an all-time […]
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