Sponsored By: Today’s Summary Thursday, December 31st, 2020 Indices: US Stocks ended the historic year on a positive note with the Dow Jones Industrial Average gaining 197 points or 0.65%. The S&P 500 closed at an all-time high rising 0.64%. The Nasdaq inched higher by just 0.14%. The Russell 2000 underperformed, slipping 0.26%. Sectors: 10 of the 11 sectors closed higher. Utilities led, gaining 1.49%. Energy […]
Archives for December 2020
Daily Chart Report ? Wednesday, December 30th, 2020
Sponsored By: Today’s Summary Wednesday, December 30th, 2020 Indices: US Stocks closed higher in today’s session with the Dow Jones Industrial Average gaining 74 points or 0.24%. The S&P 500 and Nasdaq inched higher by 0.13% and 0.15%, respectively. Small-Caps outperformed, rising 1.05%. Sectors: 7 of the 11 sectors closed higher. Energy led, gaining 1.57%. Communications lagged, falling 0.67%. Commodities: Crude Oil futures gained 0.83% to $48.40 per barrel. Gold futures […]
Charts of the Year – 2020
Here’s a look back at the most timely market calls from our Chart of the Day column, featuring some of the best in the biz. 1.) February 11th, 2020 – Andrew Thrasher – $VIX Just six trading days before the S&P 500 peaked in February, Andrew warned that a divergence had formed between the $VIX and […]
Chart of the Day – Wednesday, December 30th, 2020
$SPX up 14% the past 2 months. Only 7 other occurrences in 40 years. 6 of prior 7 went much higher in months ahead because all happened at major lows (like March of this year); 1987 started after SPX dead flat for 9 months (box). So, current instance nothing like the others pic.twitter.com/beQ4eSrPjl — Urban […]
Daily Chart Report ? Tuesday, December 29th, 2020
Sponsored By: Today’s Summary Tuesday, December 29th, 2020 Indices: US Stocks closed lower in today’s session with the Dow Jones Industrial Average slipping 68 points or 0.22%. The S&P 500 also fell 0.22%, while the Nasdaq fell 0.38%. The Russell 2000 underperformed, dropping 1.85%. Sectors: 2 of the 11 sectors closed higher. Health Care led, rising 0.47%. Real Estate lagged, falling 0.77%. Commodities: Crude Oil futures gained 0.80% to $48.00 […]
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