Today’s Chart of the Day was shared on Twitter by Carter Worth (@CarterBWorth). The Nasdaq 100 just closed higher for the 7th consecutive week. Carter points out that the Nasdaq has only done this 17 other times since the inception of the index over 35 years ago. Of those 17 prior instances, the following week closed higher […]
Daily Chart Report ? Thursday, July 1st, 2021
Sponsored By: Today’s Summary Thursday, July 1st, 2021 Indices: US Stocks closed higher in today’s session with the Dow advancing 131 points or 0.38%. The S&P 500 closed at a record high for the sixth straight day, rising 0.52%. The Nasdaq inched higher by just 0.13%. The Russell 2000 outperformed, gaining 0.81%. Sectors: 10 of the 11 sectors closed higher. Energy led, gaining 1.74%. Consumer Staples was […]
Chart of the Day – Thursday, July 1st, 2021
Software testing breakout level today. Many breakouts are doing this today. $IGV $QQQ pic.twitter.com/2bH5MQYDOq — Matthew Timpane, CMT (@mtimpane) July 1, 2021 Today’s Chart of the Day was shared by Matthew Timpane (@mtimpane). It’s a daily candlestick chart of the Software ETF, $IGV, since the March 2020 low. The top-weighted stocks in this ETF include […]
Daily Chart Report ? Wednesday, June 30th, 2021
Sponsored By: Today’s Summary Wednesday, June 30th, 2021 Indices: US Stocks were mixed in today’s session. The Dow rose 210 points or 0.61%. The S&P 500 inched higher by just 0.13%, while the Nasdaq inched lower by 0.17%. The Russell 2000 was more or less flat (0.07%). Sectors: 6 of the 11 sectors closed higher. Energy led, gaining 1.24%. Real Estate lagged, falling 0.78%. Commodities: Crude Oil futures […]
Chart of the Day – Wednesday, June 30th, 2021
What a first 6 months, with the S&P 500 up 14.4% YTD. The good news is a strong first 6 mos usually means a strong next 6 mos. When the SPX is up >12.5% YTD at the end of June, the next 6 months are up a median of 9.7%. That is nearly 2x the […]
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