Powered By: Today’s Summary Friday, December 15, 2023 Indices: Nasdaq 100 +0.52% | Dow +0.15% | S&P 500 -0.01% | Russell 2000 -0.77% Sectors: 2 of the 11 sectors closed higher. Tech led, gaining +0.50%. Utilities lagged, falling -1.74%. Commodities: Crude Oil futures inched higher by +0.28% to $71.78 per barrel. Gold futures fell -0.45% $2,036 […]
Chart of the Day – Friday, December 15, 2023
The S&P posted its 7th consecutive positive wk on Dec 15. Since 1950, I see 30 streaks of +7. The S&P is up 14.6% last 7 wks. Focusing on those 20 of the 30 that were up at least 7% I have the following forward results. The 1% moves over the next 4 wks were […]
Daily Chart Report 📈 Thursday, December 14, 2023
Powered By: Today’s Summary Thursday, December 14, 2023 Indices: Russell 2000 +2.72% | Dow +0.43% | S&P 500 +0.26% | Nasdaq 100 -0.15% Sectors: 7 of the 11 sectors closed higher. Energy led, gaining +2.94%. Consumer Staples lagged, falling -1.47%. Commodities: Crude Oil futures rose +3.04% to $71.58 per barrel. Gold futures were flat and […]
Chart of the Day – Thursday, December 14, 2023
At 44%, the percentage of stocks that are overbought in the S&P 500 $SPX is at its highest level on record The only other readings above 40% were in June 2003 and June 2020 It's not bearish… pic.twitter.com/uqo1Jptl2D — Steven Strazza (@sstrazza) December 14, 2023 Today’s Chart of the Day was shared by Steve Strazza […]
Daily Chart Report 📈 Wednesday, December 13, 2023
Powered By: Today’s Summary Wednesday, December 13, 2023 Indices: Russell 2000 +3.52% | Dow +1.40% | S&P 500 +1.37% | Nasdaq 100 +1.27% Sectors: All 11 sectors closed higher. Utilities led, gaining +3.78%. Technology lagged, but still rose +0.88%. Commodities: Crude Oil futures rose +1.25% to $69.47 per barrel. Gold futures jumped +2.41% to $2,045 […]
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