Sponsored By: Today’s Summary Friday, July 10th, 2020 Indices: US Stocks ended the week on a positive note, with the Dow Jones Industrial Average advancing 369 points or 1.44%. The S&P 500 and Nasdaq rose 1.05% and 0.66%, respectively. Small-Caps outperformed with the Russell 2000 closing up 1.70%. Sectors: 9 of the 11 sectors closed higher. Financials led nicely, gaining 3.44%. Health Care lagged slipping 0.24%. Commodities: Crude […]
Chart of the Day – Thursday, July 9th, 2020
Today’s Chart of the Day was shared in a note from the team at All Star Charts (@allstarcharts). Gold has been in the spotlight lately as it flirts with all-time highs. Why do we care about all-time highs? It’s simple. When price is at an all-time high there’s little to no overhead supply to act as […]
Daily Chart Report ? Wednesday, July 8th, 2020
Sponsored By: Today’s Summary Wednesday, July 8th, 2020 Indices: US Stocks closed higher in today’s session with the Dow Jones Industrial Average advancing 177 points or 0.68%. The S&P 500 and Nasdaq rose 0.78% and 1.44%, respectively. The Russell 2000 moved higher by 0.81%. Sectors: Technology led, gaining 1.63%. Materials lagged, falling 1.42%. Commodities: Crude Oil futures rose 0.69% to $40.90 per barrel. Gold futures moved higher by 0.59% to $1,821 – the highest […]
Chart of the Day – Wednesday, July 8th, 2020
Financials on the verge of another relative strength low. Look no further than 10yr yields. Never before has the fate of financials been tied more closely to yields. pic.twitter.com/gH1J9jnXgi — RenMac: Renaissance Macro Research (@RenMacLLC) July 8, 2020 Today’s Chart of the Day was shared on Twitter by Renaissance Macro Research (@RenMacLLC). It’s a chart […]
Daily Chart Report ? Tuesday, July 7th, 2020
Sponsored By: Today’s Summary Tuesday, July 7th, 2020 Indices: US Stocks closed lower in today’s session with the Dow Jones Industrial Average retreating 397 points or 1.51%. The S&P 500 and Nasdaq both snapped 5-day winning streaks, falling 1.08%, and 0.86%, respectively. Small-caps underperformed, with the Russell 2000 dropping 1.86%. Sectors: 9 of the 11 sectors closed lower. Consumer Staples was the clear leader, […]
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