Weekly $SPX update: another solid week for stocks and another feather in the long term trend's cap. The 3000 level base held strong and MACD signal line about to cross above 0. pic.twitter.com/9DyUGGHZ94 — Michael Turvey (@MikeTurvey_TDA) July 10, 2020 Todayâs Chart of the Day was shared on Twitter by Michael Turvey of TD Ameritrade […]
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.
Daily Chart Report đ Thursday, July 9th, 2020
Sponsored By: Todayâs Summary Thursday, July 9th, 2020 Indices: US Stocks were mostly lower in today’s session, with the Dow Jones Industrial Average falling 361 points or 1.39%. The S&P 500 slipped 0.56%, while the Nasdaq managed to gain 0.53%. Small-Caps underperformed with the Russell 2000 dropping 2.00%. Sectors: 9 of the 11 sectors closed lower. Technology led for the second day in a row, […]
Daily Chart Report đ Friday, July 10th, 2020
Sponsored By: Todayâs Summary Friday, July 10th, 2020 Indices: US Stocks ended the week on a positive note, with the Dow Jones Industrial Average advancing 369 points or 1.44%. The S&P 500 and Nasdaq rose 1.05% and 0.66%, respectively. Small-Caps outperformed with the Russell 2000 closing up 1.70%. Sectors: 9 of the 11 sectors closed higher. Financials led nicely, gaining 3.44%. Health Care lagged slipping 0.24%. Commodities: Crude […]
Chart of the Day – Thursday, July 9th, 2020
Todayâs Chart of the Day was shared in a note from the team at All Star Charts (@allstarcharts). Gold has been in the spotlight lately as it flirts with all-time highs. Why do we care about all-time highs? It’s simple. When price is at an all-time high there’s little to no overhead supply to act as […]
Daily Chart Report đ Wednesday, July 8th, 2020
Sponsored By: Todayâs Summary Wednesday, July 8th, 2020 Indices: US Stocks closed higher in todayâs session with the Dow Jones Industrial Average advancing 177 points or 0.68%. The S&P 500 and Nasdaq rose 0.78% and 1.44%, respectively. The Russell 2000 moved higher by 0.81%. Sectors: Technology led, gaining 1.63%. Materials lagged, falling 1.42%. Commodities: Crude Oil futures rose 0.69% to $40.90 per barrel. Gold futures moved higher by 0.59% to $1,821 â the highest […]
