"Equities are in trouble here" pic.twitter.com/qzoM4dBxCw — Tom Bruni, CMT (@BruniCharting) December 3, 2019 Today’s Chart of the Day was shared on Twitter by Tom Bruni (@BruniCharting). It’s a weekly candlestick chart of the Dow Jones Industrial Average going back over a decade. Tom jokes that “Equities are in trouble here.” It might feel this […]
Chart of the Day – Thursday, November 14th, 2019
The Dow's past 9-day trading range is the smallest on a historical basis since Jan 2, 2018. Holiday-level conditions. Perfect time for a catalyst… pic.twitter.com/m3TLnI7X3P — John Kicklighter (@JohnKicklighter) November 14, 2019 Today’s Chart of the Day was shared on Twitter by John Kicklighter (@JohnKicklighter). It’s a daily candlestick chart of the Dow Jones Industrial […]
Chart of the Day – Wednesday, October 30th, 2019
The Dow Jones is just starting to move out of a 21-month consolidation. $DIA pic.twitter.com/lT3j4Rj5Yk — Joseph Fahmy (@jfahmy) October 30, 2019 Today’s Chart of the Day was shared on Twitter by Joe Fahmy (@jfahmy). It’s a weekly bar chart of the Dow Jones Industrial Average ETF, $DIA. Joe points out that the Dow is […]
Thinking in Percentages vs. Points
Yesterday, the Dow Jones Industrial Average fell 767 points or 2.90%. News outlets had a field day with this and we saw some pretty misleading headlines like the one below. In reality, the sell-off wasn’t nearly as bad as some were suggesting. Apparently, ‘historic lows’ now means the Dow is 6% off of an all-time high. It […]