Sponsored By: Today’s Summary Monday, February 1st, 2021 Indices: US Stocks kicked off the week/month on a positive note, with the Dow Jones Industrial Average advancing 229 points or 0.76%. The S&P 500 and Nasdaq rose 1.61% and 2.55%, respectively. The Russell 2000 closed higher by 2.53%. Sectors: All 11 sectors closed higher. Consumer Discretionary led, gaining 2.60%. Consumer Staples lagged but still managed to close slightly positive by 0.09%. Commodities: Crude […]
Chart of the Day – Monday, February 1st, 2021
The active de-grossing (long selling + short covering) has been some of the most extreme (7 sigma event) on record and was in-line with mid-Mar ’20 (biggest since 2010). Such events typically mark the bottom in equities and have been followed by 20%+ rallies in coming months. pic.twitter.com/DY7sLZTRLB — Moritz (@Moritz_of_Hesse) January 29, 2021 Today’s […]
Daily Chart Report ? Friday, January 29th, 2021
Sponsored By: Today’s Summary Friday, January 29th, 2021 Indices: US Stocks ended the week/month on a sour note in today’s session, with the Dow Jones Industrial Average dropping 621 points or 2.03%. The S&P 500 and Nasdaq fell 1.93% and 2.00%, respectively. The Russell 2000 outperformed but closed lower by 1.57%. Sectors: All 11 sectors closed lower. Utilities led, but still fell 0.54%. Energy lagged dropping 3.32%. Commodities: Crude Oil […]
Chart of the Day – Friday, January 29th, 2021
The way I learned it was "As goes January, so goes the rest of the year". Mirite? @AlmanacTrader pic.twitter.com/NPNhe5z6t2 — J.C. Parets (@allstarcharts) January 29, 2021 Today’s Chart of the Day was shared on Twitter by JC Parets (@allstarcharts). January is officially in the books! Unfortunately for the bulls, both the S&P 500 and Dow closed […]
Daily Chart Report ? Thursday, January 28th, 2021
Sponsored By: Today’s Summary Thursday, January 28th, 2021 Indices: US Stocks closed higher in today’s session with the Dow Jones Industrial Average gaining 300 points or 0.99%. The S&P 500 and Nasdaq rose 0.98% and 0.50%, respectively. The Russell 2000 underperformed, inching lower by 0.10%. Sectors: All 11 sectors closed higher. Financials led, rising 1.86%. Real Estate lagged but still inched higher by 0.27%. Commodities: Crude Oil futures […]
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