$SPX pic.twitter.com/QoyqNrOln8 — Dan Russo, CMT (@DanRusso_CMT) September 21, 2022 Today’s Chart of the Day was shared by Dan Russo (@DanRusso_CMT). The 200-day moving average has been falling for 104 consecutive days now, and the S&P 500 has been trading below it for 114 consecutive days. Both of these streaks are the longest since 2008, and […]
Chart of the Day – Wednesday, September 22nd, 2021
High Yield spreads not sniffing out the "Lehman" moment just yet. pic.twitter.com/0GfwrEKGX9 — Dan Russo, CMT (@DanRusso_CMT) September 22, 2021 Today’s Chart of the Day was shared by Dan Russo (@DanRusso_CMT). It’s a chart of the CCC High Yield Bond spread over the past 15 years. A Chinese Real Estate firm by the name of Evergrande has […]
Chart of the Day – Thursday, January 21st, 2021
It's nut just the US. $ACWX at all-time highs. Some global markets are leading domestic (US) and having a home country bias may be a drag during this cyclical bull market in equities. pic.twitter.com/3mpFdOPh9y — Dan Russo, CMT (@DanRusso_CMT) January 21, 2021 Today’s Chart of the Day was shared on Twitter by Dan Russo (@DanRusso_CMT). […]
Chart of the Day – Friday, June 26th, 2020
Copper vs Gold can't become overbought on the recent rally. Growth over Value across all market caps until this ratio is in an uptrend. pic.twitter.com/5R4vwXV5Hh — Dan Russo, CMT (@DanRusso_CMT) June 26, 2020 Today’s Chart of the Day was shared on Twitter by Dan Russo (@DanRusso_CMT). It’s a chart of the Copper/Gold ratio over the […]
Chart of the Day – Monday, January 6th, 2020
If you turn off the news, it simply looks like a slight pullback after the RSI became overbought. $SPX pic.twitter.com/SvxRHkKXuE — Dan Russo, CMT (@DanRusso_CMT) January 6, 2020 Today’s Chart of the Day was shared on Twitter by Dan Russo (@DanRusso_CMT). It’s a line chart of the S&P 500. Dan highlights the importance of tuning […]