Sponsored By: Todayâs Summary Friday, August 30th, 2019 Indices: US stocks were little changed in todayâs session with the Dow Jones Industrial Average gaining 41 points or 0.16%. Both the Nasdaq and Russell 2000 inched lower by 0.13% while the S&P 500 changed just 0.06%. Sectors: Materials led, gaining 0.67%. Consumer Discretionary lagged, falling 0.60%. Commodities: Crude Oil futures slipped 2.77% to $55.04 per barrel. Gold futures were lower […]
Archives for August 2019
Chart of the Day – Friday, August 30th, 2019
Todayâs Chart of the Day was shared on Twitter by Yuriy Matso (@yuriymatso). It’s a one-hour candlestick chart of S&P 500 futures going back to the end of July. In yesterday’s Chart of the Day, we highlighted the fact that the S&P 500 was attempting to break out of the trading range that it’s been stuck […]
Daily Chart Report đ Thursday, August 29th, 2019
Sponsored By: Todayâs Summary Thursday, August 29th, 2019 Indices: US stocks were higher in todayâs session with the Dow Jones Industrial Average gaining 326 points or 1.25%. The Russell 2000 was the strongest of the major indices for the second day in a row, rising 1.63%. Sectors: All 11 sectors of the S&P 500 closed higher. Technology led, gaining 1.74%. Consumer Staples lagged […]
Chart of the Day – Thursday, August 29th, 2019
Todayâs Chart of the Day was shared on Twitter by John Kicklighter (@JohnKicklighter). It’s a four-hour candlestick chart of the S&P 500 index going back to February of this year. For the majority of August, the index has been stuck in a choppy trading range. John notes that the index is currently testing the upper end of […]
The Big BAANG
John Roque of Wolfe Research recently made an appearance on CNBC’s “Squawk Box” to share his thoughts about the breakout in precious metals. In the segment, he argued that Gold Mining stocks were a better play than the beloved mega-cap FAANG names (Facebook, Amazon, Apple, Netflix, Google). He coined the term BAANG to represent a […]
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