#Stocks can stay extended for longer than you think! $SPY pic.twitter.com/qUVzfNQkRb — Grant Hawkridge (@granthawkridge) December 29, 2020 Today’s Chart of the Day was shared on Twitter by Grant Hawkridge (@granthawkridge). The chart shows the S&P 500 over the past two decades. Legendary technician, Bob Farrell once said, “Markets are strongest when they are broad, and […]
Archives for December 2020
Daily Chart Report ? Monday, December 28th, 2020
Sponsored By: Today’s Summary Monday, December 28th, 2020 Indices: US Stocks closed higher to start the week with the Dow Jones Industrial Average advancing 204 points or 0.68%. The S&P 500 and Nasdaq rose 0.87% and 0.74%, respectively. The Russell 2000 underperformed, falling 0.38%. Sectors: 9 of the 11 sectors closed higher. Communications led, rising 1.80%. Energy lagged, falling 0.63%. Commodities: Crude Oil futures fell 1.26% to $47.62 per barrel. Gold futures inched […]
Chart of the Day – Monday, December 28th, 2020
If stocks are your thing, then the moves higher in these three names are three of the most important charts in the world right now… Especially considering that these three names have a combined market cap of more than $5.6 trillion.$AMZN $AAPL $MSFT pic.twitter.com/Uw5VwskuCz — Grayson Roze (@GraysonRoze) December 28, 2020 Today’s Chart of the […]
Daily Chart Report ? Wednesday, December 23rd, 2020
Sponsored By: Today’s Summary Wednesday, December 23rd, 2020 Indices: US Stocks were mixed in today’s session. The Dow Jones Industrial Average rose 114 points or 0.38%. The S&P 500 closed flat (0.07%), while the Nasdaq slipped 0.29%. The Russell 2000 outperformed, gaining 0.87%. Sectors: 8 of the 11 sectors closed higher. Energy led, rising 2.21%. Real Estate lagged, falling 0.95%. Commodities: Crude Oil futures moved higher […]
Chart of the Day – Wednesday, December 23rd, 2020
The #SantaClausRally starts tomorrow (final 5 days of the year and first two of the following year). Going back to 2000, it is pretty clear if these usually bullish 7 days are higher, it bodes well for January and the full year. If Santa fails to call? Trouble could be coming. pic.twitter.com/k5gUlb7yfy — Ryan […]
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