Sponsored By: Todayâs Summary Thursday, January 16th, 2020 Indices: US stocks were higher in today’s session, with the Dow Jones Industrial Average advancing 267 points or 0.92%. The Nasdaq gained 1.06%, while the S&P 500 closed higher by 0.84%. The Russell 2000 was the strongest of the major averages, jumping 1.31%. Sectors: All 11 sectors closed higher. Technology led, gaining 1.34%. Energy lagged but […]
Patrick Dunuwila
Patrick Dunuwila is Editor and co-founder of The Chart Report. His passion for trading began in 2007 when he bought Apple's stock at $17 and realized the potential of the financial markets. Patrick first became interested in financial media as an intern at StockTwits, a social network for traders and investors. He remains an active member on StockTwits as well as Twitter where he enjoys sharing his trade ideas and thoughts on the markets. He studied economics at Drexel University before beginning his career at Benchmarq Trading Partners, a proprietary trading firm based in New York City. Prior to The Chart Report, Patrick worked under J.C. Parets, at All Star Charts where he assisted in selling technical analysis research to institutional investors. The 26 year-old Syracuse, NY native currently resides in Manhattan where he is pursuing his Chartered Market Technician (CMT) designation.
Chart of the Day – Thursday, January 16th, 2020
With the S&P>3300, a 10% correction now takes it back to its Oct all-time high. (red line) But won't a 10% correction get everyone to freak out, POTUS to tweet like mad, and a general feeling that the world is ending? All this can now happen without the S&P trading below 3000! pic.twitter.com/JanokIhrGv — Jim […]
Daily Chart Report đ Wednesday, January 15th, 2020
Sponsored By: Todayâs Summary Wednesday, January 15th, 2020 Indices: US stocks were higher in todayâs session. The Dow Jones Industrial Average advanced 91 points or 0.31% and closed above 29,000 for the first time ever. The Nasdaq was flat, while the S&P 500 closed higher by 0.19%. The Russell 2000 was the strongest of the major averages, gaining 0.40%. Sectors: Utilities led, gaining 1.40%. Real […]
Chart of the Day – Wednesday, January 15th, 2020
Something to watch, $TLT breaking a 5 month falling wedge today pic.twitter.com/LK8rlrnm5t — Greg Harmon (@harmongreg) January 15, 2020 Todayâs Chart of the Day was shared on Twitter by Greg Harmon (@harmongreg). It’s a daily candlestick chart of the 20+ year Treasury Bond ETF, $TLT. Greg points out that the ETF broke out of a […]
Daily Chart Report đ Tuesday, January 14th, 2020
Sponsored By: Todayâs Summary Tuesday, January 14th, 2020 Indices: US stocks were little changed in today’s session with the Dow Jones Industrial Average inching higher by just 33 points or 0.11%. The S&P 500 and Nasdaq closed lower by 0.15% and 0.24%, respectively. The Russell 2000 was the strongest of the major averages, gaining 0.37%. Sectors: Health Care led, gaining 0.61%. Real Estate lagged, falling 0.49%. Commodities: Crude Oil […]
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