It's rare that we see such clean cup-and-handle formations as in $MSFT and subsequently $SPX; they tend to have bullish long-term implications #fairleadstrategies pic.twitter.com/1tUdN19kwF — Katie Stockton, CMT (@StocktonKatie) January 18, 2024 ๐ Todayโs Chart of the Day was shared by Katie Stockton (@StocktonKatie). The S&P 500 is trolling the bulls at this point. Itโs […]
Chart of the Day – Thursday, January 11, 2024
๐ Todayโs Chart of the Day was shared by Todd Sohn (@Todd_Sohn). The Equal-Weight S&P 500 ETF ($RSP) has seen heavy inflows over the past year despite underperforming Cap-Weight ($SPY) by a wide margin. Equal-Weight ($RSP) is lagging Cap-Weight ($SPY) by -12% over the trailing 12 months โ the bottom 5% of historical readings. Todd […]
Chart of the Day – Thursday, January 4, 2024
$SPY Watching $460 pic.twitter.com/EiCqzo7GK0 — Mike Zaccardi, CFA, CMT ๐ (@MikeZaccardi) January 4, 2024 Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). The S&P 500 ($SPY) has fallen four consecutive days after rising for nine consecutive weeks. $SPY fumbled its initial attempt at all-time highs this week, but Mike points out it’s […]
Chart of the Day – Friday, December 29, 2023
The S&P 500 just closed out 2023 with its highest monthly close EVER. The index rose +24.73% this year. ๐ pic.twitter.com/RmHxlHyDW6 — TrendSpider (@TrendSpider) December 29, 2023 Today’s Chart of the Day was shared by TrendSpider (@TrendSpider). Another year is in the books! The S&P 500 gained more thanย 24% in 2023, recovering nearly all of […]
Chart of the Day – Wednesday, December 20, 2023
Over the past 30 years the big warning has been when there was no Santa Claus Rally. Years like 2000 and 2008 saw potential warning signs when๐ didn't show up. ๐๐โ๐ ๐คถ pic.twitter.com/x7juWTJ0Iz — Ryan Detrick, CMT (@RyanDetrick) December 20, 2023 Todayโs Chart of the Day was shared by Ryan Detrick (@RyanDetrick). The official Santa Claus rally […]
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