AAII: Bulls now firmly outnumber bears for the first time in 18 months. Should we run for the hills? In Nov ’20, we saw a similar shift to optimism after 8 months of pessimism. $SPX kept trending higher for the next 12 months. Follow trends. pic.twitter.com/h2pbgSxvtH — Brian G (@alphacharts) June 8, 2023 Today’s Chart […]
Chart of the Day – Wednesday, June 7, 2023
Another raging upside day for mid and small caps. pic.twitter.com/aAJo3eJNdk — Louis Spector (@EastCoastCharts) June 7, 2023 Today’s Chart of the Day was shared by Louis Spector (@EastCoastCharts). The chart shows Large Caps (S&P 500), Mid Caps, and Small Caps over the past two years. While the S&P 500 battles with its August highs, Small/Mid […]
Chart of the Day – Wednesday, June 1, 2023
Today’s Chart of the Day was shared in a note by Jeff Hirsch, editor of The Stock Trader’s Almanac. The chart show June’s seasonal pattern for the Dow (red), S&P 500 (green), Nasdaq (blue), Russell 1000 (purple), and Russell 2000 (black). June hasn’t been very bullish over the past 21-years (solid lines) with four of […]
Chart of the Day – Tuesday, May 31, 2023
$SPY $SPX #SPY Friendly reminder: We’re breaking out on the monthly chart. pic.twitter.com/n2eqbfBXrY — Jake Wujastyk (@Jake__Wujastyk) May 31, 2023 Today’s Chart of the Day was shared by Jake Wujastyk (@Jake_Wujastk). May is in the books! The S&P 500 inched higher by just +0.25% this month, but that was enough to mark a new 14-month […]
Chart of the Day – Friday, May 26, 2023
What comes next for the S&P500? Are we finally breaking above $420… ? My best guess is a breadth expansion with broader participation while the mega cap names take a back seat over the coming weeks. How do you see it?$SPX $SPY pic.twitter.com/yAiCpgTkmb — Sam McCallum (@Honeystocks1) May 26, 2023 Today’s Chart of the Day […]
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