Sponsored By: Todayâs Summary Wednesday, January 22nd, 2020 Indices: US stocks were little changed in todayâs session with the Dow Jones Industrial Average changing just 10 points or 0.03%. The S&P 500 and Nasdaq moved only 0.03% and 0.14%, respectively. The Russell 2000 slipped 0.09%. Sectors: Technology led, gaining 0.36%. Energy lagged for the fourth straight session, falling 0.96%. Commodities: Crude Oil futures dropped 3.71% to $56.08 per barrel. Gold futures were […]
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 – Wednesday, January 22nd, 2020
.@realDonaldTrump announced solar tariffs 2 years ago. And solar stocks have soared on an absolute and relative basis. $TAN pic.twitter.com/HmUuC4wGB6 — Mike Zaccardi, CFA, CMT (@MikeZaccardi) January 22, 2020 Today’s Chart of the Day was shared on Twitter by Mike Zaccardi (@MikeZaccardi). The chart shows the two-year performance of various energy ETFs including, The Solar […]
Daily Chart Report đ Tuesday, January 21st, 2020
Sponsored By: Todayâs Summary Tuesday, January 21st, 2020 Indices: US stocks closed lower in today’s session with the Dow Jones Industrial Average falling 152 points or 0.52%. The Nasdaq slipped 0.19%, while the S&P 500 moved lower by 0.27%. The Russell 2000 was the weakest of the major averages, falling 0.81%. Sectors: Real Estate led, gaining 1.06%. Energy lagged for the third straight session, falling 1.79%.  […]
Chart of the Day – Tuesday, January 21st, 2020
Today’s Chart of the Day was shared in an article by Schaeffer’s Investment Research. The S&P 500 is currently 11% above its 200-day moving average; the most extended it’s been in about two years. While many take this as a sign that the market is overbought, Schaeffer’s points out that it’s historically been a bullish […]
Daily Chart Report đ Friday, January 17th, 2020
Sponsored By: Todayâs Summary Friday, January 17th, 2020 Indices: US stocks ended the week on a positive note with the Dow Jones Industrial Average closing up 50 points or 0.17%. The S&P 500 and Nasdaq gained 0.39% and 0.34%, respectively. The Russell was the weakest of the major averages, falling 0.33%. Sectors: Communications led, gaining 0.78%. Energy was the only sector to close lower, falling 0.64%.  Commodities: Crude […]
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