Sponsored By: Todayâs Summary Monday, September 30th, 2019 Indices: US stocks kicked off the week on a positive note with the Dow Jones Industrial Average gaining 97 points or 0.36%. The Nasdaq was the strongest of the major indices, advancing 0.75%. Sectors: Technology led, gaining 1.05%. Energy lagged, falling 0.72%. Commodities: Crude Oil futures dropped 3.13% to $54.37 per barrel. Gold futures slid 2.20% to $1,473 per ounce. Currencies: The US […]
Archives for September 2019
Gold Forming This Ominous Chart Pattern
Gold has had an impressive run this year. It’s up 25.35% over the trailing twelve months, while the S&P 500 is only up 2.59% over the same period. However, several traders and analysts have pointed out that Gold is forming a head and shoulders top on the daily chart. Gold futures are currently down over […]
Chart of the Day – Monday, September 30th, 2019
Today’s Chart of the Day was shared by Greg Rieben (@gregrieben). It’s a daily candlestick chart of Gold futures. Greg points out that Gold has formed a “textbook” head and shoulders pattern. This bearish chart pattern has developed over the past two months. Gold has been on quite the run this year. It’s currently […]
Daily Chart Report đ Friday, September 27th, 2019
Sponsored By: Todayâs Summary Friday, September 27th, 2019 Indices: US stocks closed lower in todayâs session with the Dow Jones Industrial Average slipping 71 points or 0.26%. The Nasdaq was the weakest of the major indices, falling 1.13%. Sectors: Financials were the only sector to close positive, moving up 0.39%. Technology lagged, falling 1.34%. Commodities: Crude Oil futures moved lower by 0.94% to $55.90 per barrel. Gold […]
Chart of the Day – Friday, September 27th, 2019
Today’s Chart of the Day was shared in a note from Bespoke. It’s a chart of the S&P 500 Software group. Some of the largest stocks in this group include; Salesforce, Microsoft, Adobe, and Oracle. In the note, Bespoke points out that the index has been chopping around its 50-day moving average in a […]
- 1
- 2
- 3
- …
- 11
- Next Page »