Sponsored By: Today’s Summary Monday, August 31st, 2020 Indices: US Stocks were mostly lower in today’s session, with the Dow Jones Industrial Average falling 224 points or 0.78%. The S&P 500 snapped a seven-day winning streak slipping 0.22%. The Nasdaq rose 0.68% to a fresh all-time high. Small-Caps underperformed, with the Russell 2000 dropping 1.04%. Sectors: Technology led, gaining 0.32%. Energy lagged, falling 2.17%. Commodities: Crude […]
Archives for August 2020
Chart of the Day – Monday, August 31st 2020
The difference between confirmation and divergences $XLK pic.twitter.com/8K1ZAZ2HS3 — Steven Strazza (@sstrazza) August 31, 2020 Today’s Chart of the Day was shared on Twitter by Steve Strazza (@sstrazza). Throughout the recovery from the March lows, many have been quick to get bearish at the first sight of momentum divergences. A bearish momentum divergence is formed […]
Daily Chart Report ? Friday, August 28th, 2020
Sponsored By: Today’s Summary Friday, August 28th, 2020 Indices: US Stocks ended the week on a positive note with the Dow Jones Industrial Average advancing 162 points or 0.57%. The S&P 500 and Nasdaq continued higher by 0.67% and 0.60%, respectively. Small-Caps outperformed with the Russell 2000 gaining 0.88%. Sectors: All 11 sectors closed higher. Energy led, rising 1.79%. Health Care lagged but still inched up 0.22%. […]
Chart of the Day – Friday, August 28th, 2020
Seventh up day in a row. Sixth all-time high close in a row. The S&P 500 is now up 57% since March 23. pic.twitter.com/TiRRUlweMi — Eddy Elfenbein (@EddyElfenbein) August 28, 2020 Today’s Chart of the Day was shared on Twitter by Eddy Elfenbein (@EddyElfenbein). It was a perfect week for the bulls. The S&P 500 […]
Daily Chart Report ? Thursday, August 27th, 2020
Sponsored By: Today’s Summary Thursday, August 27th, 2020 Indices: US Stocks were mixed in today’s session with the Dow Jones Industrial Average gaining 160 points or 0.57%. The S&P 500 inched higher by 0.17%, while the Nasdaq slipped 0.34%. The Russell 2000 moved higher by 0.28%. Sectors: Financials led, rising 1.69%. Communications lagged, falling 1.22%. Commodities: Crude Oil futures moved lower by 0.85% to $43.02 per barrel. Gold futures fell 0.83% to […]
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