The S&P 500 is on pace to have a 'perfect week' and close at a 52-week high for the first time since August. pic.twitter.com/TENai73lpu — Bespoke (@bespokeinvest) February 5, 2021 Today’s Chart of the Day was shared on Twitter by Bespoke (@bespokeinvest). What a week for the bulls! Bespoke points out that the S&P 500 just booked a ‘perfect […]
Chart of the Day – Tuesday, January 19th, 2021
Until I'm compelled to change these cumulative advance-decline lines from bullish green to neutral amber, the trend is positive. No change as of yet. $SPX $SPY pic.twitter.com/O8yHSuvp0O — David Keller, CMT (@DKellerCMT) January 19, 2021 Today’s Chart of the Day was shared on Twitter by David Keller (@DKellerCMT). It’s a chart of the S&P 500 […]
Chart of the Day – Tuesday, January 12th, 2021
USD ripper would likely be bad for US stocks IMO The correlation has been pretty negative over the last year USD rippers usually are b/c of risk-off sentiment, which hurts stocks pic.twitter.com/Lyj9vajzFv — Christopher Cain, CMT (@PythonTrader) January 12, 2021 Today’s Chart of the Day was shared on Twitter by Chris Cain (@PythonTrader). One of […]
Chart of the Day – Wednesday, December 30th, 2020
$SPX up 14% the past 2 months. Only 7 other occurrences in 40 years. 6 of prior 7 went much higher in months ahead because all happened at major lows (like March of this year); 1987 started after SPX dead flat for 9 months (box). So, current instance nothing like the others pic.twitter.com/beQ4eSrPjl — Urban […]
Chart of the Day – Wednesday, December 23rd, 2020
The #SantaClausRally starts tomorrow (final 5 days of the year and first two of the following year). Going back to 2000, it is pretty clear if these usually bullish 7 days are higher, it bodes well for January and the full year. If Santa fails to call? Trouble could be coming. pic.twitter.com/k5gUlb7yfy — Ryan […]
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