Breakout in BTC, seeing if ETH can follow. pic.twitter.com/zshZXwqpkr — Andrew Thrasher, CMT (@AndrewThrasher) October 20, 2021 Today’s Chart of the Day was shared by Andrew Thrasher (@AndrewThrasher). The chart shows the two largest Cryptocurrencies, Ethereum (left) and Bitcoin (right). Bitcoin broke out to an all-time high today for the first time in six months. […]
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 📈 Tuesday, October 19th, 2021
Sponsored By: Today’s Summary Tuesday, October 19th, 2021 Indices: Dow +0.56% | S&P 500 +0.74% | Nasdaq +0.71% | Russell 2000 +0.36% Sectors: 10 of the 11 sectors closed higher. Health Care led, rising 1.31%. Consumer Discretionary was the only sector that closed lower, slipping 0.28%. Commodities: Crude Oil futures rose 0.92% to $82.44 per barrel. Gold futures gained 0.27% to $1,771 per ounce. Currencies: The US Dollar Index fell 0.16%. Interest Rates: The US 10-year Treasury yield rose to 1.641%. Here are […]
Chart of the Day – Tuesday, October 19th, 2021
Today’s Chart of the Day was shared in a note by Frank Cappelleri (@FrankCappelleri). It’s a weekly bar chart of the Cloud Computing ETF, $SKYY, over the past year. The largest stocks in this ETF include $DOCN, $ORCL, $MDB, $VMW, and $ANET. In the note, Frank pointed out that $SKYY just broke out to an all-time high, and […]
Daily Chart Report 📈 Monday, October 18th, 2021
Sponsored By: Today’s Summary Monday, October 18th, 2021 Indices: Dow -0.10% | S&P 500 +0.34% | Nasdaq +0.84% | Russell 2000 +0.10% Sectors: 7 of the 11 sectors closed higher. Consumer Discretionary led for the second day in a row, rising 1.22% to a record high. Utilities lagged for the second day in a row, falling 0.96%. Commodities: Crude Oil futures fell 0.91% to $81.53 per barrel. Gold futures slipped 0.20% to $1,765 per ounce. Currencies: The US Dollar Index was […]
Chart of the Day – Monday, October 18th, 2021
Today’s Chart of the Day was shared by Topdown Charts (@topdowncharts). The black line shows the S&P 500’s average seasonal pattern using data from 1990-2019. The red line shows how the S&P 500 has performed so far this year. We’ve all heard the adage; “Sell in May & Go Away” but don’t forget; “Buy in October & Get Yourself […]