$AAPL 20-day rate-of-change now over 34% Since '00, only times this high were Jan '01, May '03, Nov. '04, and April '09. Three were coming off major bottoms, only Nov. '04 was while at a high. Pretty remarkable. pic.twitter.com/RiNfAsUAOv — Jonathan Krinsky,CMT (@jkrinskypga) August 21, 2020 Today’s Chart of the Day was shared on Twitter […]
Chart of the Day – Thursday, June 11th, 2020
Today’s Chart of the Day was shared by Jonathan Krinsky of Baycrest Partners (@jkrinskypga). It’s a daily candlestick chart of the Nasdaq Composite Index. Bulls woke up with a nasty hangover this morning after celebrating the Nasdaq’s first close above 10,000 yesterday. The index gapped lower by 2.29% at the open this morning, and continued to sell-off throughout […]
Chart of the Day – Tuesday, April 21st, 2020
Today’s Chart of the Day was shared by Jonathan Krinsky (@jkrinskypga). It’s a bar chart of the S&P 500 over the past year, along with vertical lines marking the past four monthly options expirations. Jonathan uses this chart to show that the past three monthly options expirations coincided with significant inflection points in the S&P […]
Chart of the Day – Thursday, January 30th, 2020
BAYCREST: S&P 500 “is starting to break below its uptrend channel .. We see risk to the 50 DMA around 3208 .. Should the 50 DMA not hold, the risk is a bigger 5-6% move down as there is a ‘volume pocket’ towards the 3,000 level.” – @jkrinskypga pic.twitter.com/gwCH5TjldE — Carl Quintanilla (@carlquintanilla) January 30, […]