Today’s Chart of the Day was shared on Twitter by Ryan Detrick of LPL Financial Research (@RyanDetrick). The past few sessions have been a wild ride for Stocks, specifically Tech stocks. Ryan points out that in just three days, the Nasdaq went from an all-time high to being down 10%, marking the fastest correction on record. The […]
Chart of the Day – Friday, September 4th, 2020
$QQQ Stayed above 21d MA, & an Intermediate Term UTL. Tested it's 50d MA, RSI14>50 and a Bullish reversal Hammer Candlestick. Plus the Jerome edge. I lightened up a bit yesterday and bought most of that back at the close today. Such action before a long weekend is nice too. pic.twitter.com/E6DH5C5Sv6 — Alan Cohen (@al_xdpg) […]
Chart of the Day – Thursday, September 3rd, 2020
Market seems short-term “overbought,” but cyclical advance has room to run if $VIX bottoms in normal 10%-17% range. pic.twitter.com/gR2dyVSOUW — Mark Ungewitter (@mark_ungewitter) September 3, 2020 Today’s Chart of the Day was shared on Twitter by Mark Ungewitter (@mark_ungewitter). The chart shows the S&P 500 over the past three years and the Volatility Index ($VIX) […]
Chart of the Day – Wednesday, September 2nd, 2020
The liquidity trade… IPO's pic.twitter.com/VaBgVkGE5E — Strategas (@StrategasRP) September 2, 2020 Today’s Chart of the Day was shared on Twitter by Strategas Research Partners (@StrategasRP). It’s a chart of the IPO index over the past three years on both an absolute (top) and relative (bottom) basis. The IPO index is comprised of recently listed US companies. […]
Chart of the Day – Tuesday, September 1st, 2020
September has historically been the weakest month of the year for the equity market. Over the past 20 years, the S&P 500 Index has lost 0.8%, on average with 11 of the past 20 periods showing gains. https://t.co/Lt4AtKJ5m2 $STUDY $SPX $SPY $ES_F pic.twitter.com/MptilHwdyT — Equity Clock (@EquityClock) September 1, 2020 Today’s Chart of the Day […]
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