Weekly $SPX update: a decent 2% bounce for the start of Q4. Despite the news, equal weight S&P up today along with Russell 2000, while Nasdaq-100 down over 2%. $SPXEW $RUT $NDX pic.twitter.com/h6IQuGBGEH — Michael Turvey (@MikeTurvey_TDA) October 2, 2020 Today’s Chart of the Day was shared on Twitter by Michael Turvey of TD Ameritrade […]
Chart of the Day – Thursday, October 1st, 2020
What happens to the S&P 500 when the usually weak Q3 is up a lot (>7.5%)? Well, Q4 has gained every single time, up 11 for 11, with an average return of 7.3%. pic.twitter.com/QIMWsrUzAW — Ryan Detrick, CMT (@RyanDetrick) October 1, 2020 Today’s Chart of the Day was shared on Twitter by Ryan Detrick […]
Chart of the Day – Wednesday, September 30th, 2020
Today’s Chart of the Day was shared in a note by Frank Cappelleri of Instinet (@FrankCappelleri). It’s a daily candlestick chart of the S&P 500 over the past two months. September is now in the books! At the beginning of the month, we pointed out that September has historically been the worst month of the year for […]
Chart of the Day – Monday, September 28th, 2020
FWIW $SPY pic.twitter.com/ehpWwz9YcR — PivotAnalytics (@pivotanalytics) September 28, 2020 Today’s Chart of the Day was shared on Twitter by Petr of Pivot Analytics (@pivotanalytics). It’s a seasonal composite of the S&P 500 that compiles data from 2000-2019. October has a reputation for being a troublesome month for Stocks, especially in election years. Most of the seasonality stats you see […]
Chart of the Day – Tuesday, September 22nd, 2020
#candlechart #hammer — SPX "Hammer"… ? pic.twitter.com/TpFxlOlGUT — Nautilus Research (@NautilusCap) September 22, 2020 Today’s Chart of the Day was shared on Twitter by Nautilus Research (@NautilusCap). The S&P 500 printed a bullish hammer candle on the daily chart yesterday. Hammer candles are formed when price falls significantly after the open, only to claw back those losses […]
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