The S&P posted its 7th consecutive positive wk on Dec 15. Since 1950, I see 30 streaks of +7. The S&P is up 14.6% last 7 wks. Focusing on those 20 of the 30 that were up at least 7% I have the following forward results. The 1% moves over the next 4 wks were […]
Daily Chart Report 📈 Thursday, December 14, 2023
Powered By: Today’s Summary Thursday, December 14, 2023 Indices: Russell 2000 +2.72% | Dow +0.43% | S&P 500 +0.26% | Nasdaq 100 -0.15% Sectors: 7 of the 11 sectors closed higher. Energy led, gaining +2.94%. Consumer Staples lagged, falling -1.47%. Commodities: Crude Oil futures rose +3.04% to $71.58 per barrel. Gold futures were flat and […]
Daily Chart Report 📈 Friday, November 10, 2023
Powered By: Today’s Summary Friday, November 10, 2023 Indices: Nasdaq 100 +2.25% | S&P 500 +1.56% | Dow +1.15% | Russell 2000 +1.07% Sectors: All 11 sectors closed higher. Technology led, gaining +2.61%. Utilities lagged but still rose +0.53%. Commodities: Crude Oil futures rose +1.89% to $77.17 per barrel. Gold futures dropped –1.63% to $1,938 per oz. Currencies: The US Dollar Index fell -0.09% to $105.80. Crypto: Bitcoin rose +1.71% to a new 52-week […]
Chart of the Day – Tuesday, October 31, 2023
the S&P 500 has fallen for three straight months that’s the longest monthly losing streak since March 2020 [May 2022 was a very slight gain] pic.twitter.com/DbVwykw8CM — Katie Greifeld 🎃 (@kgreifeld) October 31, 2023 Today’s Chart of the Day was shared by Katie Greifeld (@kgreifeld). Spooky month is in the books! The S&P 500 fell […]
Daily Chart Report 📈 Tuesday, October 3, 2023
Powered By: Today’s Summary Tuesday, October 3, 2023 Indices: Dow -1.29% | S&P 500 -1.37% | Russell 2000 -1.69% | Nasdaq 100 -1.83% Sectors: Utilities led by a wide margin, and it was the only sector that closed higher, gaining +1.16%. Consumer Discretionary lagged, dropping -2.43%. Commodities: Crude Oil futures rose +0.46% to $89.23 per barrel. Gold futures closed lower for 7th consecutive day, falling -0.31% to a six-month low […]
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