Today’s Chart of the Day was shared in a client note by John Roque of 22V Research (@daChartLife). Gold is firmly above $2,000/oz. for the first time in more than a year, and it’s just 2.5% away from breaking out to all-time highs. It booked its fifth highest daily close on record today, after closing at an all-time high on a monthly, […]
Chart of the Day – Monday, April 3rd, 2023
$OEF S&P 100 Mega Caps: Short-term overbought for the 1st time since early Feb. Last few o/b readings here: pic.twitter.com/A9YiYy984h — Frank Cappelleri (@FrankCappelleri) April 3, 2023 Today’s Chart of the Day was shared by Frank Cappelleri (@FrankCappelleri). It’s a two-hour bar chart of the S&P 100 Mega Cap ETF ($OEF) over the past six […]
Chart of the Day – Friday, March 31st, 2023
April is the second best month on average for stocks since 1950 (November is better). Up 17 of the past 18 times in a pre-election year. And the best month the past 20 years. Of course, it was down 8.8% last year, so no, this isn't perfect. Still, worth knowing. pic.twitter.com/m8qw7DA102 — Ryan Detrick, CMT […]
Chart of the Day – Thursday, March 30th, 2023
It's been 310 trading days since we last saw a new all-time high in the S&P 500 The highest count since the GFC$SPY $SPX #stocks pic.twitter.com/3BnyoUbm4L — Grant Hawkridge (@granthawkridge) March 30, 2023 Today’s Chart of the Day was shared by Grant Hawkridge (@granthawkridge). It’s a chart of the S&P 500 over the past three […]
Chart of the Day – Wednesday, March 29th, 2023
$QQQ Coffee anyone? ☕️ pic.twitter.com/wdyMAmtgZI — TrendSpider (@TrendSpider) March 29, 2023 Today’s Chart of the Day was shared by TrendSpider (@TrendSpider). It’s a 65-min candlestick chart of the Nasdaq 100 ETF ($QQQ) over the past two months. Today, the media declared that the Nasdaq is in a new bull market, as it’s up more than 20% […]
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