Sponsored By: Today’s Summary Friday, October 9th, 2020 Indices: US Stocks ended the week on a positive note with the Dow Jones Industrial Average closing up 161 points or 0.57%. The S&P 500 and Nasdaq rose 0.88% and 1.39%, respectively. The Russell 2000 ended a six-day streak of outperformance but still gained 0.55%. Sectors: Technology led, rising 1.53%. Energy lagged, falling 1.60%. Commodities: Crude Oil futures fell 1.43% to […]
Archives for October 2020
Chart of the Day – Friday, October 9th, 2020
Another breadth thrust signal today: >90% stocks >10-day moving averages. A lot of good technical readings this week. @NDR_Research pic.twitter.com/A0LTjogCOv — Ed Clissold (@edclissold) October 9, 2020 Today’s Chart of the Day was shared on Twitter by Ed Clissold of Ned Davis Research (@edclissold). There were quite a few bullish technical developments this week! We saw fresh […]
Daily Chart Report ? Thursday, October 8th, 2020
Sponsored By: Today’s Summary Thursday, October 8th, 2020 Indices: US Stocks continued higher in today’s session with the Dow Jones Industrial Average gaining 122 points or 0.43%. The S&P 500 and Nasdaq rose 0.80% and 0.50%, respectively. Small-Caps led for the sixth straight day, with the Russell 2000 closing higher by 1.09%. Sectors: All 11 sectors closed higher for the second day in a […]
Chart of the Day – Thursday, October 8th, 2020
Momentum surge for small-caps… 10-day % change for Russell 2K in the 99th percentile of all historical observations since inception (1978). Bodes well for forward performance. @StrategasRP #stocks $iwm pic.twitter.com/6GSey7IN99 — Chris Verrone (@verrone_chris) October 8, 2020 Today’s Chart of the Day was shared on Twitter by Chris Verrone of Strategas Research (@verrone_chris). Small-Caps have […]
Daily Chart Report ? Wednesday, October 7th, 2020
Sponsored By: Today’s Summary Wednesday, October 7th, 2020 Indices: US Stocks closed higher across the board in today’s session with the Dow Jones Industrial Average advancing 531 points or 1.91%. The S&P 500 and Nasdaq rose 1.74% and 1.88%, respectively. Small-Caps outperformed for the fifth straight day with the Russell 2000 gaining 2.14%. Sectors: All 11 sectors closed higher. Materials led, gaining 2.57%. Real Estate lagged but still […]
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