Today’s Chart of the Day was shared by Greg Rieben (@gregrieben). It’s a daily candlestick chart of Gold futures. Greg points out that Gold has formed a “textbook” head and shoulders pattern. This bearish chart pattern has developed over the past two months. Gold has been on quite the run this year. It’s currently […]
Daily Chart Report đ Friday, September 27th, 2019
Sponsored By: Todayâs Summary Friday, September 27th, 2019 Indices: US stocks closed lower in todayâs session with the Dow Jones Industrial Average slipping 71 points or 0.26%. The Nasdaq was the weakest of the major indices, falling 1.13%. Sectors: Financials were the only sector to close positive, moving up 0.39%. Technology lagged, falling 1.34%. Commodities: Crude Oil futures moved lower by 0.94% to $55.90 per barrel. Gold […]
Chart of the Day – Friday, September 27th, 2019
Today’s Chart of the Day was shared in a note from Bespoke. It’s a chart of the S&P 500 Software group. Some of the largest stocks in this group include; Salesforce, Microsoft, Adobe, and Oracle. In the note, Bespoke points out that the index has been chopping around its 50-day moving average in a […]
Daily Chart Report đ Thursday, September 26th, 2019
Sponsored By: Todayâs Summary Thursday, September 26th, 2019 Indices: US stocks closed lower in todayâs session with the Dow Jones Industrial Average falling 80 points or 0.30%. The S&P 500 and Nasdaq were lower by 0.24% and 0.58%, respectively. The Russell 2000 underperformed the rest of the major indices, sinking 1.12%. Sectors: Real Estate led, gaining 0.94%. Energy lagged, falling 1.31%. Commodities: Crude Oil futures slipped 0.27% to $56.41 per barrel. Gold […]
Chart of the Day – Thursday, September 26th, 2019
Today’s Chart of the Day was shared on Twitter by YCharts (@ycharts). We like the chart because it tells a totally different story than the cord cutting narrative that we’re all used to hearing about. YCharts points out that traditional dish and cable companies are outperforming the companies that offer popular streaming services. The […]
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