So it's a little early for this but anytime the market makes a new ATH, Dow Theory' gets a look. Transports correlation nearing the lower bound (still some room) meaning at some pt the two indices need to get back in 'gear' (note this process can go both ways).$ES_F $IYT pic.twitter.com/NLKj8xYQYY — Arun S. Chopra […]
Chart of the Day – Monday, January 8, 2024
it's too damn funny $NVDA pic.twitter.com/ErgQcJ11Yt — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) January 8, 2024 🏆 Today’s CoTD was shared by Arun Chopra (@FustionptCapital). Nvidia ($NVDA) had its best day since August today, rising +6.43% to a record high. Despite being the best-performing stock in the S&P 500 last year, $NVDA has made little progress […]
Chart of the Day – Monday, November 13, 2023
$NVDA pic.twitter.com/tSVU5ynD3d — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) November 13, 2023 Today’s Chart of the Day was shared by Arun Chopra (@FusionptCapital). Nividia ($NVDA) has risen for nine consecutive days now. It’s flirting with record highs again after correcting about -18% from its August peak. It’s currently up more than +232% YTD, making it […]
Chart of the Day – Tuesday, May 23, 2023
pic.twitter.com/nhIGgn5tAO — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) May 23, 2023 Today’s Chart of the Day was shared by Arun Chopra (@FusionptCapital). It’s a 15-min candlestick chart of S&P 500 futures over the past two weeks. The S&P 500 has been rejected at 4200 (white line) so many times over the past year that it’s almost comical. It […]
Chart of the Day – Monday, May 15, 2023
Pretty much a holding pattern across key assets heading into the debt ceiling….$ES_F $GLD $TLT pic.twitter.com/LXcBOtRmSj — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) May 15, 2023 Today’s Chart of the Day was shared by Arun Chopra (@FustionptCapital). If this market has been putting you to sleep lately, you’re not alone. Arun points out that the […]
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