As Tech & Growth has corrected… elsewhere OK pic.twitter.com/R7m5Ibvd1S — Strategas (@StrategasRP) March 8, 2021 Today’s Chart of the Day was shared on Twitter by Strategas Research (@StrategasRP). The Nasdaq officially fell into correction territory today (10% off highs). On the other hand, the Dow closed just shy of a record high. Sector rotation is […]
Archives for March 2021
Daily Chart Report ? Friday, March 5th, 2021
Sponsored By: Today’s Summary Friday, March 5th, 2021 Indices: US Stocks ended the week on a positive note, with the Dow Jones Industrial Average rising 572 points or 1.85%. The S&P 500 and Nasdaq moved higher by 1.95% and 1.55%, respectively. The Russell 2000 underperformed but still gained 2.11%. Sectors: All 11 sectors closed higher. Energy led for the third straight day, rising 3.74%. Consumer […]
Chart of the Day – Friday, March 5th, 2021
Amidst all the carnage, we've got equal-weight S&P 500 ($RSP) with a new weekly closing high. pic.twitter.com/MIAkPXSe84 — Willie Delwiche (@WillieDelwiche) March 5, 2021 Today’s Chart of the Day was shared on Twitter by Willie Delwiche (@WillieDelwiche) It’s a weekly candlestick chart of the equal-weight S&P 500 ETF, $RSP, over the past three years. Despite a […]
Daily Chart Report ? Thursday, March 4th, 2021
Sponsored By: Today’s Summary Thursday, March 4th, 2021 Indices: US Stocks continued lower in today’s session with the Dow Jones Industrial Average falling 346 points or 1.11%. The S&P 500 and Nasdaq closed lower by 1.34% and 2.11%, respectively. The Russell 2000 underperformed, dropping 2.76%. Sectors: Energy was the only sector to close higher, gaining 2.39%. Tech lagged for the third straight day, falling 2.21%. Commodities: Crude […]
Chart of the Day – Thursday, March 4th, 2021
Today, $SPY closed below it's 50 day moving average. Since 2009, this has happened 92 times when the MA is upward sloping. Typically, it is higher two weeks later nearly 70% of the time. pic.twitter.com/rarSUELFVI — Pivot Analytics ?? (@pivotanalytics) March 4, 2021 Today’s Chart of the Day was shared on Twitter by Pivot Analytics […]
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