Sponsored By: Today’s Summary Monday, May 23rd, 2022 Indices: Dow +1.98% | S&P 500 +1.86% | Nasdaq 100 +1.68% | Russell 2000 +1.10% Sectors: All 11 sectors closed higher. Financials led, gaining +3.25%. Consumer Discretionary lagged but still rose +0.75%. Commodities: Crude Oil futures were flat and continue to trade at $110.29 per barrel. Gold futures rose +0.31% to $1,848 per ounce. Currencies: The US Dollar Index dropped -0.91%. Crypto: Bitcoin dropped -3.66% to $29,143. […]
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 – Monday, May 23rd, 2022
All bear markets come to an end, but there’s no telling how deep they will run. Fortunately, you don’t need to call a bottom, as price momentum typically confirms the next durable advance. pic.twitter.com/10K54BKxSb — Mark Ungewitter (@mark_ungewitter) May 23, 2022 Today’s Chart of the Day was shared by Mark Ungewitter (@mark_ungewitter). Bernard Baruch once […]
Daily Chart Report 📈 Friday, May 20th, 2022
Sponsored By: Today’s Summary Friday, May 20th, 2022 Indices: Dow +0.03% | S&P 500 +0.01% | Russell 2000 -0.17% | Nasdaq 100 -0.34% Sectors: 7 of the 11 sectors closed higher. Health Care led, gaining +1.22%. Consumer Discretionary lagged, falling -1.74%. Commodities: Crude Oil futures rose +0.42% to $110.35 per barrel. Gold futures inched higher by +0.05% to $1,842 per ounce. Currencies: The US Dollar Index rose +0.15%. Crypto: Bitcoin dropped -3.13% to $29,341. Ethereum fell -2.22% to […]
Chart of the Day – Friday, May 20th, 2022
Random Stat: Seven consecutive down weeks for the S&P 500 since 1950… This hasn't happened too often… $SPY $SPX #stocks pic.twitter.com/Cq0UAQzqfY — Grant Hawkridge (@granthawkridge) May 20, 2022 Today’s Chart of the Day was shared by Grant Hawkridge (@granthawkridge). It’s a chart of the S&P 500 over the past 70 years. The S&P 500 closed […]
Daily Chart Report 📈 Thursday, May 19th, 2022
Sponsored By: Today’s Summary Thursday, May 19th, 2022 Indices: Russell 2000 +0.08% | Nasdaq 100 -0.44% | S&P 500 -0.58% | Dow -0.75% Sectors: 3 of the 11 sectors closed higher. Materials led, gaining +0.71%. Consumer Staples lagged, falling -1.78%. Commodities: Crude Oil futures moved higher by +2.66% to $109.89 per barrel. Gold futures rose +1.38% to $1,841 per ounce. Currencies: The US Dollar Index dropped -1.00%. Crypto: Bitcoin rebounded +5.24% to $30,171. Ethereum rose +4.92% to […]
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