Pre-Election Seasonality Suggests August Could Be Bumpy For Equity Markets$SPX $SPY https://t.co/3C3dUJqJzg pic.twitter.com/oSPBxeRjhk — Andrew Thrasher, CMT (@AndrewThrasher) August 1, 2023 Today’s Chart of the Day was shared by Andrew Thrasher (@AndrewThrasher). The S&P 500 closed higher for the fifth consecutive month in July. However, stocks have historically been weak over the next few months, […]
Chart of the Day – Wednesday, August 2, 2023
$SPX S&P 500 Index, daily line chart highlighting important price levels over the trailing 12-months. Is it Fitch or overhead supply? pic.twitter.com/08etMEaAmG — Shane C. Murphy (@murphycharts) August 2, 2023 Today’s Chart of the Day was shared by Shane Murphy (@murphycharts). Many are blaming the newfound weakness on the US Debt downgrade. However, this is […]
Chart of the Day – Monday, July 24, 2023
A bullish scent in the air: The all-important equal-weighted index continues to flirt with a base breakout. pic.twitter.com/QHiqRD9O7x — Jurrien Timmer (@TimmerFidelity) July 24, 2023 Today’s Chart of the Day was shared by Jurrien Timmer (@TimmerFidelity). The Equal Weight S&P 500 is less than 1% away from joining the new 52-week high club as it […]
Chart of the Day – Friday, July 14, 2023
Leaders keep leading – but now they have some followers. YTD return for the median stock in the S&P 500 is up to 7.3% – it's highest level since the first week of February. Since the end of May, median stock (+9.4%) has outperformed the index (+7.9%). pic.twitter.com/tTrWXH9Xpv — Willie Delwiche, CMT, CFA (@WillieDelwiche) July […]
Chart of the Day – Wednesday, July 12, 2023
U.S. Dollar continues to get hammered as it has now fallen to a 15-month low pic.twitter.com/AVeXh5S7Bg — Barchart (@Barchart) July 12, 2023 Today’s Chart of the Day was shared by Barchart (@Barchart). Today was the worst day for the US Dollar Index ($DXY) since January, as $DXY slid -1.07% to a 15-month low. Stocks struggled […]
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