$SPX: 4 traits that have defined 2023 (especially Q2) and were missing in 2022: 1-Bullish patterns have worked. 2-Bearish patterns have failed. 3-The number of +/-1% moves have dramatically decreased. 4-The number of +1% gains have outnumbered 1% losses. pic.twitter.com/Ag8es3E8M5 — Frank Cappelleri (@FrankCappelleri) June 30, 2023 Today’s Chart of the Day was shared by […]
Chart of the Day – Thursday, June 29, 2023
What could go right for small-caps? Breaking a 17-month losing streak of consecutive negative 1yr price returns is a start. pic.twitter.com/TjNOoVce3A — Todd Sohn (@Todd_Sohn) June 29, 2023 Today’s Chart of the Day was shared by Todd Sohn (@Todd_Sohn).ย The Russell 2000 is outperforming by a decent margin this week after hitting 22-year lows on a […]
Chart of the Day – Wednesday, June 28, 2023
Oh, the S&P 500 is still above the Aug'22 highs? I'm still bullish. pic.twitter.com/yApB97BAdz — Caleb Franzen (@CalebFranzen) June 28, 2023 Today’s Chart of the Day was shared by Caleb Franzen (@CalebFranzen). The S&P 500 was essentially flat today, changing just -0.04%. It’s been stalling for almost two weeks now, but you could call this […]
Chart of the Day – Tuesday, June 27, 2023
You can now add airlines to the list of industry groups at a 52-week high. $JETS #airlines #markets pic.twitter.com/GgeIN5s8N4 — Conor White, CMT, CIM (@ConorWhiteRJ) June 27, 2023 Today’s Chart of the Day was shared by Conor White (@ConorWhiteRJ). It’s a daily candlestick chart of the Airlines ETF, $JETS, over the past ten months. The […]
Chart of the Day – Monday, June 26, 2023
While Large-Cap Tech's decline is making many think today's market is down, Equal-wgt $SPX ($RSP) is higher by +0.78%, and we're seeing DJ Transports rise to highest levels on a closing basis in over 3 mths-$XLK -0.36%, but $RSPT (Equal-wgtd #Tech) is up +0.66%. Food forโฆ pic.twitter.com/pAKqRJ1y9y — Mark Newton CMT (@MarkNewtonCMT) June 26, 2023 […]
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