Sponsored By: Today’s Summary Tuesday, May 26th, 2020 Indices: US Stocks kicked off the abbreviated week on a positive note with the Dow Jones Industrial Average advancing 530 points or 2.17%. The Nasdaq inched up 0.17%, while the S&P 500 gained 1.23%. Small-Caps outperformed with the Russell 2000 jumping 2.77%. Sectors: Financials led, gaining 5.20%. Health Care lagged, slipping 0.18%. Commodities: The July Crude Oil futures […]
Chart of the Day – Tuesday, May 26th, 2020
Here are the two other times the S&P 500 had been below its 200-day MA for at least 50 days, broke above but then closed under the moving average. Interestingly, both were also in May. pic.twitter.com/WdFhdLB86r — Andrew Thrasher, CMT (@AndrewThrasher) May 26, 2020 Today’s Chart of the Day was shared on Twitter by Andrew […]
Chart of the Day – Friday, May 22nd, 2020
Well, that was a precarious position for $SPX to end the week in: teetering between the 100/200-day moving average combo immediately above and previous range resistance as immediate support below pic.twitter.com/ICxSOhYHAa — John Kicklighter (@JohnKicklighter) May 22, 2020 Today’s Chart of the Day was shared on Twitter by John Kicklighter (@JohnKicklighter). It’s a daily candlestick […]
Chart of the Day – Wednesday, May 20th, 2020
The below list is populated by, what we like to call, the usual suspects – dates that even a casual observer of markethistory will be familiar with… 1998, 1982, 1975, 1962, etc (i.e., major lows). pic.twitter.com/uBCMankkVD — Strategas (@StrategasRP) May 20, 2020 Today’s Chart of the Day was shared on Twitter by Strategas Research (@StrategasRP). […]
Chart of the Day – Tuesday, May 19th, 2020
S&P500 Whipsawing in a 145 point trading range for the past 30 trading days- between the 50% recovery 2784 and 62% recovery at 2930 of the COVID-Crash. Not an opinion-just a description. Looks like gutter-guards at the bowling alley. pic.twitter.com/1bi0rDhSjG — Chris Robinson (@cer_hedge) May 19, 2020 Today’s Chart of the Day was shared on […]
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