Sponsored By: Todayâs Summary Friday, August 2nd, 2019 Indices: US stocks were lower in todayâs session with the Dow Jones Industrial Average closing down 98 points or 0.37%. The Nasdaq lagged the rest of the major averages, falling 1.32%. Sectors: Real Estate led, gaining 0.77%. Technology lagged, falling 1.63%. Commodities: Crude Oil futures rallied 3.23% to settle at $55.67 per barrel. Gold futures rose 1.79% to $1,457 per ounce. Currencies: The […]
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 – Friday, August 2nd 2019
Todayâs Chart of the Day was shared on Twitter by Tarek Saab (@FibLines). It is a weekly chart of Copper futures over the past 20 years. Tarek points out that Copper is in danger of breaking down from both the 200-week moving average, as well as a long-term trendline. Copper is an important industrial metal […]
5 Things to Know About Martin Zweig
I write a daily email, The Daily Chart Report, that covers the best technical analysis content being shared each day. One of my favorite parts of putting together this email is the Quote of the Day. Marty Zweig is one of my favorite people to quote. For those of you unfamiliar with his work, he had […]
Daily Chart Report đ Thursday, August 1st, 2019
Sponsored By: Todayâs Summary Thursday, August 1st, 2019 Indices: US stocks were lower in todayâs session with the Dow Jones Industrial Average closing down 281 points or 1.23%. The S&P 500 fell 0.90%, and the Nasdaq fell 0.79%. Sectors: Utilities led, gaining 1.02%. Financials lagged, falling 2.27%. Commodities: Crude Oil futures had their worst day in over four years, dropping 8.24% to $53.70 per barrel. Gold futures rose 1.33% to $1,450 per ounce. Currencies: The […]
Chart of the Day – Thursday, August 1st, 2019
Todayâs Chart of the Day was shared on Twitter by @Hipster_Trader. It’s a monthly candlestick chart of the S&P 500 going back over 20 years. We like the chart because it provides a much needed long-term perspective on a day like today. Hipster sarcastically remarks, “fear grips Wall Street as markets crash.” You may have felt […]
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