Powered By: Today’s Summary Wednesday, October 25, 2023 Indices: Dow -0.32% | S&P 500 -1.43% | Russell 2000 -1.67% | Nasdaq -2.47% Sectors: 2 of the 11 sectors closed higher. Utilities led, gaining +0.56%. Communications lagged by a wide margin, dropping -4.33%. Commodities: Crude Oil futures rose +1.97% to $85.39 per barrel. Gold futures rose +0.44% to $1,995 per oz. Currencies: The US Dollar Index rose +0.28% to $106.54. Crypto: Bitcoin rose for the seventh day, […]
Chart of the Day – Wednesday, October 25, 2023
The last remaining “Lines in the Sand?” QQQ and SMH. If they break below 200-day MA and market does not bounce off of deeply oversold = BAD (IMO). pic.twitter.com/Ousigs7rrn — Jay Kaeppel (@jaykaeppel) October 25, 2023 Today’s Chart of the Day was shared by Jay Kaeppel (@jaykaeppel). The sell-off intensified today, with the S&P 500 […]
Daily Chart Report 📈 Tuesday, October 24, 2023
Powered By: Today’s Summary Tuesday, October 24, 2023 Indices: Nasdaq 100 +0.97% | Russell 2000 +0.82% | S&P 500 +0.73% | Dow +0.62% Sectors: 10 of the 11 sectors closed higher. Utilities led, gaining +2.57%. Energy was the only sector that closed lower, falling -1.41%. Commodities: Crude Oil futures dropped -2.05% to $83.74 per barrel. Gold futures inched […]
Chart of the Day – Tuesday, October 24, 2023
The S&P 500 has had 0 record highs this year. In fact, it's been 659 days since a new high was recorded. The table below shows that when there have been 0 record highs in a year, the following year's returns have been good, up +13.1%. When there have been >35 record highs in a… […]
Daily Chart Report 📈 Monday, October 23, 2023
Powered By: Today’s Summary Monday, October 23, 2023 Indices: Nasdaq 100 +0.30% | S&P 500 -0.17% | Dow -0.58% | Russell 2000 -0.89% Sectors: 3 of the 11 sectors closed higher. Communications led, gaining +0.53%. Energy lagged, falling -1.62%. Commodities: Crude Oil futures dropped -2.94% to $85.49 per barrel. Gold futures fell –0.33% to $1,988 per oz. […]
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