$RSP S&P500 equally weighted… Taking your breath away to solve the breadth issue… GAP on VOLUME out of the channel and clipping the 200days MAV RSI never confirmed the lows of the channel. pic.twitter.com/fhm3OPWxOD — conradseric, CMT, CAIA, CEFA (@conradseric) June 2, 2023 Today’s Chart of the Day was shared by Eric Conrads (@conradseric). Breadth […]
Chart of the Day – Friday, April 28th, 2023
Today’s Chart of the Day was shared in a note by Bespoke. The five largest stocks are responsible for a majority of the S&P 500’s gains so far this year. As a result of this narrow leadership, the traditional cap-weighted S&P 500 is outperforming the equal-weight S&P 500 by more than 5% YTD. That’s the second […]
Chart of the Day – Monday, March 27th, 2023
$RSP vs. $SPX pic.twitter.com/7cpxMA7JMQ — Larry Thompson (@HostileCharts) March 27, 2023 Today’s Chart of the Day was shared by Larry Thompson (@HostileCharts). It’s a ratio chart of the Equal Weight S&P 500 vs the traditional Cap Weight S&P 500 (RSP/SPX). Breadth has become a concern in recent weeks, as a handful of Mega Cap Tech stocks […]
Chart of the Day – Tuesday, February 21st, 2023
$SPY and $RSP back below their December highs. pic.twitter.com/1y8QKuzpzr — Stacey.A.Lee (@BBaxter2020) February 21, 2023 Today’s Chart of the Day was shared by Stacey Lee (@BBaxter2020). The S&P 500 dropped 2.00% today, marking its worst day so far in 2023. Stacey points out that both the S&P 500 and its equally weighted version are back below […]
Chart of the Day – Wednesday, July 14th, 2021
Today’s Chart of the Day was shared in a note by Bespoke. A handful of Mega-Cap stocks have been responsible for the S&P 500’s most recent leg higher. One way to view this Mega-Cap leadership is by comparing the equal-weight S&P 500 (left), to the traditional cap-weighted S&P 500 (right). As you can see, the equal-weight S&P 500 […]