Sponsored By: Today’s Summary Tuesday, July 7th, 2020 Indices: US Stocks closed lower in today’s session with the Dow Jones Industrial Average retreating 397 points or 1.51%. The S&P 500 and Nasdaq both snapped 5-day winning streaks, falling 1.08%, and 0.86%, respectively. Small-caps underperformed, with the Russell 2000 dropping 1.86%. Sectors: 9 of the 11 sectors closed lower. Consumer Staples was the clear leader, […]
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, July 7th, 2020
Our "keep it simple stupid" approach towards Precious Metals continues to work. If it ain't broke don't fix it. Now the only question is does Silver break 18.90-19.00 this week and supercharge the rally?https://t.co/uLzt0EnFVm pic.twitter.com/rTEC7GC966 — Tom Bruni, CMT (@BruniCharting) July 7, 2020 Today’s Chart of the Day was shared on Twitter by Tom Bruni […]
Daily Chart Report 📈 Monday, July 6th, 2020
Sponsored By: Today’s Summary Monday, July 6th, 2020 Indices: US Stocks kicked off the week on a positive note with the Dow Jones Industrial Average advancing 460 points or 1.78%. The S&P 500 and Nasdaq gained 1.59% and 2.21%, respectively. Small-Caps underperformed with the Russell 2000 rising 0.77%. Sectors: 10 of the 11 sectors moved higher. Consumer Discretionary led the way, gaining 2.39%. Utilities was the […]
Chart of the Day – Monday, July 6th, 2020
China $SHCOMP daily RSI hit 88 today, one of the highest of all time. In the 30 years of this index, extreme momentum was very rare – associated with the early stages of massive rallies. Looks like the summer could get hot. pic.twitter.com/TL7zvEVTdA — Macro Charts (@MacroCharts) July 6, 2020 Today’s Chart of the Day […]
Daily Chart Report 📈 Thursday, July 2nd, 2020
Sponsored By: Today’s Summary Thursday, July 2nd, 2020 Indices: US Stocks ended the week on a positive note with the Dow Jones Industrial Average advancing 92 points or 0.36%. The S&P 500 and Nasdaq rose 0.45% and 0.52%, respectively. The Russell 2000 rose 0.32%. Sectors: Materials led, gaining 1.88%. Real Estate lagged, slipping 0.34%. Commodities: Crude Oil futures moved higher by 2.08% to $40.65 per barrel. Gold futures rose 0.57% to $1,790. Currencies: The US Dollar Index inched […]
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