Today’s Chart of the Day was shared by John Roque of 22V Research (@daChartLife). The Nasdaq is in a bear market no matter how you define it. John reminds us that bear market rallies can be deceptive, seductive, and painful on the way down. The table shows the counter-trend rallies that occurred in the 2000-2002 bear market. The […]
Chart of the Day – Friday, April 1st, 2022
Today’s Chart of the Day was shared in a note by John Roque of 22V Research. It’s a chart of Newmont Mining Corp. ($NEM) over the past four decades. Gold has pulled back over the past couple of weeks, yet Gold Mining Stocks have continued to show strength. One of the largest Gold Mining Stocks, $NEM, […]
Chart of the Day – Thursday, February 17th, 2022
Yo, Charts — What’re you doing here? RTY getting the Dikembe treatment at resistance. pic.twitter.com/Gpe869gcqC — da Chart Life (@daChartLife) February 17, 2022 Today’s Chart of the Day was shared by John Roque (@daChartLife). It’s a daily bar chart of the Russell 2000 over the past year and a half. The Russell continues to bump […]
Chart of the Day – Wednesday, January 19th, 2022
Today’s Chart of the Day was shared in a note by John Roque of 22V Research. It’s a monthly chart of Gold over the past two decades. Gold struggled in 2021 while just about every other Commodity rallied. However, it’s off to a great start so far this year, settling at a 2-month high today. John’s view is […]
Chart of the Day – Wednesday, January 5th, 2022
Today’s Chart of the Day was shared in a note by John Roque of 22V Research. It’s a ratio chart of the NASDAQ vs. the S&P 500 over the past 24-years. The chart on the bottom is the same ratio, just zoomed in over the past 5-years. The Tech-heavy NASDAQ has dominated the S&P for much of the […]