Sponsored By: Todayâs Summary Tuesday, February 25th, 2020 Indices: US stocks extended yesterdayâs losses with the Dow Jones Industrial Average falling 879 points or 3.15%. The S&P 500 and Nasdaq closed lower by 3.03% and 2.77%, respectively. The Russell 2000 was the weakest of the major indices, dropping 3.45%. Sectors: All 11 sectors closed lower by more than 1% for the second day in a row. […]
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 – Tuesday, February 25th, 2020
TRIN Index still low at 0.92 & lower than yesterday implying investors still complacent. By comparison, in Dec â18 it got to 3.59 & in Aug â19 to 3.63. High TRIN readings are often signs of capitulation. The VIX, another one we're watching closely, is rallying sharply. pic.twitter.com/lTENyNuXH3 — Wolfe Daily Howl (@WolfeDailyHowl) February 25, […]
Daily Chart Report đ Monday, February 24th, 2020
Sponsored By: Todayâs Summary Monday, February 24th, 2020 Indices: US stocks suffered their worst day in over a year, with the Dow Jones Industrial Average falling 1,032 points or 3.56%. The S&P 500 and Nasdaq dropped 3.35% and 3.71%, respectively. The Russell 2000 outperformed the rest of the major indices but still closed down 3.01%. Sectors: All 11 sectors closed lower by more than 1%. […]
Chart of the Day – Monday, February 24th, 2020
The S&P 500 averages more than five 2% drops per year (median of 3). Even had 5 last year. Doesn't feel good, but this is actually fairly normal. pic.twitter.com/w15rusFVxT — Ryan Detrick, CMT (@RyanDetrick) February 24, 2020 Todayâs Chart of the Day was shared on Twitter by Ryan Detrick (@RyanDetrick). The chart shows the frequency […]
Daily Chart Report đ Friday, February 21st, 2020
Sponsored By: Todayâs Summary Friday, February 21st, 2020 Indices: US stocks ended the week on a sour note with the Dow Jones Industrial Average falling 228 points or 0.78%. The S&P 500 and Nasdaq fell 1.05% and 1.79%, respectively. The Russell 2000 moved lower by 1.03%. Sectors: Real Estate led for the second day in a row, gaining 0.52%. Technology lagged for the second day in a […]
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