PAIN. 🩸 $NVDA NVIDIA fell over -10% today marking worst one-day decline since the COVID crash. pic.twitter.com/BpGAvAxCIv — TrendSpider (@TrendSpider) April 19, 2024 🏆 Today’s Chart of the Day was shared by TrendSpider (@TrendSpider). Nvidia ($NVDA) wiped out over $200 billion in market cap today. As the third largest stock in the S&P 500, it […]
Chart of the Day – Thursday, April 18, 2024
Big Election Year Q1s Dip April-May Before Gains Last 7 Months. 2024 3rd best Election Q1 since 1950 tracking. Chop continues up ~2.5% April-Oct. Only 2 losses in the last 7 months of election years since 1950, 2000 & 2008 (2024 Almanac page 80). pic.twitter.com/thKL7tbYsu — Jeffrey A. Hirsch (@AlmanacTrader) April 18, 2024 🏆 Today’s […]
Chart of the Day – Wednesday, April 17, 2024
Textbook false breakout in Midcaps ETF $MDY Seeing a lot of these… pic.twitter.com/nJTrfunA12 — Justin Spittler (@JSpitTrades) April 17, 2024 🏆 Today’s Chart of the Day was shared by Justin Spittler (@JSpitTrades). The S&P 500 is only down -4.4% from record highs. However, the market looks increasingly weaker as you go down the cap scale. […]
Chart of the Day – Tuesday, April 16, 2024
Great visual (courtesy of @granthawkridge) showing the change in environment that is underway. So far yellow is replacing green. Risks increase when red flares up. pic.twitter.com/ouQxGtXKkT — Willie Delwiche, CMT, CFA (@WillieDelwiche) April 16, 2024 🏆 Today’s Chart of the Day was shared by Grant Hawkridge (@granthawkridge), with special thanks to Willie Delwiche for highlighting […]
Chart of the Day – Monday, April 15, 2024
Oops and deep correction? Or just a false start before a move higher? $RSP pic.twitter.com/bqjBEv8nGl — Alfonso Depablos, CMT (@AlfCharts) April 15, 2024 🏆 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). Breadth looked healthy a few weeks ago, but it’s taken a turn for the worse. The Equal-Weight S&P 500 ($RSP) […]