Renewed leadership from Tech would be huge. This is one of the most important charts out there $XLK $SPX pic.twitter.com/GE6pzPa5y9 — Austin Harrison, CFA, CMT (@meanstoatrend) November 6, 2023 Today’s Chart of the Day was shared by Austin Harrison (@meanstoatrend). It’s a ratio chart of the Technology sector vs. the S&P 500. Technology was the […]
Chart of the Day – Friday, September 29, 2023
For a few minutes this morning I wasn't so sure I'd get to post this chart today, but… Make it 11! 11 straight weeks of gains for the US Dollar Index. Next week we'll try to match the record set in 2014 pic.twitter.com/vedmAJzPfQ — Austin Harrison, CFA, CMT (@meanstoatrend) September 29, 2023 Today’s Chart of […]
Chart of the Day – Friday, May 19, 2023
One for the road. Have a good weekend everybody $SPY $TLT pic.twitter.com/Zb1UKhXjr9 — Austin Harrison, CFA, CMT (@meanstoatrend) May 19, 2023 Today’s Chart of the Day was shared by Austin Harrison (@meanstoatrend). The S&P 500 broke out to nine-month highs on an absolute basis this week. Austin points out that it’s also breaking out relative to Bonds ($SPY/$TLT). This […]
Chart of the Day – Tuesday, March 28th, 2023
Micro caps hanging in there for now. If the bears are still in control of this market, this level shouldn't hold pic.twitter.com/R4nNcQN0yw — Austin Harrison, CFA, CMT (@meanstoatrend) March 28, 2023 Today’s Chart of the Day was shared by Austin Harrison (@meanstoatrend). We have a tale of two markets on our hands right now. The […]
Chart of the Day – Wednesday, March 1st, 2023
The Dow touching new lows is not a great look pic.twitter.com/uihMIZLEMS — Austin Harrison, CFA, CMT (@meanstoatrend) March 1, 2023 Today’s Chart of the Day was shared on Twitter by Austin Harrison (@meanstoatrend). The Dow initially led the rebound off the October lows. However, it stalled out in November, and it’s been relatively weak ever since. […]