Sponsored By: Today’s Summary Tuesday, March 10th, 2020 Indices: US stocks rebounded in today’s session with the Dow Jones Industrial Average surging 1,167 points or 4.89%. The S&P 500 and Nasdaq soared 4.94% and 4.95%, respectively. The Russell 2000 underperformed the other major indices but still gained 2.85%. Sectors: All 11 sectors closed higher. Technology led, jumping 6.67%. Utilities lagged but still rose 0.93%. Commodities: Crude Oil […]
Archives for March 2020
Chart of the Day – Tuesday, March 10th, 2020
Stocks to bonds ratio has dropped significantly, resulting in an oversold condition similar to previous bounces over the last year. Could see a snapback rally with a bounce in stocks/pullback in bonds but I believe that would be short-lived. $SPX $SPY $TLT pic.twitter.com/eVh57Br2MD — David Keller, CMT (@DKellerCMT) March 10, 2020 Today’s Chart of the […]
Daily Chart Report ? Monday, March 9th, 2020
Sponsored By: Today’s Summary Monday, March 9th, 2020 Indices: US stocks had their worst day since the 2008 Great Financial Crisis. Trading was halted for 15 minutes this morning after the S&P 500 reached limit down (-5%). The Dow Jones Industrial Average closed lower by a whopping 2,014 points or 7.79%. The S&P 500 and Nasdaq plummeted 7.60% and 7.29%, respectively. The Russell 2000 was […]
Chart of the Day – Monday, March 9th, 2020
The SPX has now fallen 19% and is as far below its 200d moving average as it was above it at the highs. Symmetry. pic.twitter.com/96kKhj5njh — Jurrien Timmer (@TimmerFidelity) March 9, 2020 Today’s Chart of the Day was shared on Twitter by Jurrien Timmer of Fidelity Investments (@TimmerFidelity). It’s a daily bar chart of the […]
Daily Chart Report ? Friday, March 6th, 2020
Sponsored By: Today’s Summary Friday, March 6th, 2020 Indices: US stocks closed lower in today’s session with the Dow Jones Industrial Average falling 257 points or 0.98%. The S&P 500 and Nasdaq dropped 1.71% and 1.87%, respectively. The Russell 2000 was the weakest of the major averages, closing lower by 2.00%. Despite the recent volatility, The Dow, S&P, and Nasdaq all closed positive […]
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