$AAPL 20-day rate-of-change now over 34% Since '00, only times this high were Jan '01, May '03, Nov. '04, and April '09. Three were coming off major bottoms, only Nov. '04 was while at a high. Pretty remarkable. pic.twitter.com/RiNfAsUAOv — Jonathan Krinsky,CMT (@jkrinskypga) August 21, 2020 Today’s Chart of the Day was shared on Twitter […]
Chart of the Day – Thursday, August 20th, 2020
FANG+ stocks pushing to new relative highs against the strongest index in the world. $QQQ $TSLA $TWTR $AAPL $FB $GOOGL $BABA $NFLX pic.twitter.com/YhTwxGBdpk — Ian McMillan, CMT (@the_chart_life) August 20, 2020 Today’s Chart of the Day was shared on Twitter by Ian McMillan (@the_chart_life). The chart shows the FANG+ ETF, $FNGS, relative to the […]
Chart of the Day – Friday, May 8th, 2020
Revisiting this chart comparing SPX vs FAAMG since Jan 26, 2018 shows continued divergence of FAAMG stocks vs everything else in the S&P 500. pic.twitter.com/g3YkVVLZMd — Clarence Carr, MD, MBA (@ClarenceCarr) May 8, 2020 Today’s Chart of the Day was shared on Twitter by Clarence Carr (@ClarenceCarr). The dismal economic backdrop has many scratching their […]
Stick With What’s Working in 2020
2019 was quite the year for Large-Cap Technology. Our benchmark, the SPDR Technology Sector ETF, $XLK gained 50% during the year, nearly doubling the performance of the next best sector, Financials ($XLF), as well as the S&P 500 itself, both of which returned about 30%. Many of the analyst notes and financial headlines I see […]
Gold, Apple, and Louise Yamada’s Journey
Recently, the famed Louise Yamada gave an interview on Palisade Radio. While she covered a few topics, the one that I found most interesting was how she stumbled upon technical analysis to begin with, kick-starting a career that would lead her to become one of the most well-known technicians of our time. Louise begins by […]
