Sponsored By: Todayâs Summary Tuesday, July 23rd, 2019 Indices: US stocks were higher in todayâs session with the Dow Jones Industrial Average gaining 166 points or 0.61%. The S&P 500 was the strongest of the major averages, gaining 0.69%. Sectors: Materials led, gaining 2.03%. Utilities lagged, falling 0.60%. Commodities: Crude Oil futures moved higher by 0.96% to $56.75. Gold futures fell 0.51%, settling at $1,419 per ounce. […]
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 – Tuesday, July 23rd, 2019
Today’s Chart of the Day was shared on Twitter by Dan Russo of Chaikin Analytics (@DanRusso_CMT). It’s a line chart of the SPDR Technology sector ETF, $XLK breaking out to new all-time highs. Dan notes that recent strength from Semiconductor stocks has been helping push Technology higher. In fact, the Semiconductor ETF, $SMH closed at a […]
Daily Chart Report đ Monday, July 22nd, 2019
Sponsored By: Todayâs Summary Monday, July 22nd, 2019 Indices: US stocks were higher in todayâs session with the Dow Jones Industrial Average gaining 18 points or 0.07%. The Nasdaq was the strongest of the major averages, gaining 0.71%. The Russell 2000 was the weakest, falling 0.20%. Sectors: Technology led, gaining 1.15%. Consumer Staples lagged, falling 0.58%. Commodities: Crude Oil futures moved higher by 0.77% to $56.21. Gold futures were […]
Chart of the Day – Monday, July 22nd, 2019
Today’s Chart of the Day was shared on Twitter by Ryan Detrick of LPL Financial Research (@RyanDetrick). It’s a seasonality chart showing the average annual performance of the S&P 500 in a pre-election year, like 2019. Pre-election years tend to be some of the strongest years for the stock market, in the four-year presidential cycle. However, Ryan […]
Daily Chart Report đ Thursday, July 18th, 2019
Sponsored By: Todayâs Summary Thursday, July 18h, 2019 Indices: US stocks inched higher in todayâs session, with the Dow Jones Industrial Average closing up just 3 points or 0.01%. The S&P 500 was the strongest of the major indices, gaining 0.36%. Sectors: Utilities led for the second day in a row, gaining 0.87%. Communications lagged, falling 0.85%. Commodities: Crude Oil futures fell for the […]
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