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. […]
Chart of the Day – Monday, October 23, 2023
Why are we so focused on $SPX remaining above its 200-day moving average? Because every major drawdown since the 2009 low has involved a breakdown through this important long-term trend barometer. "Nothing good happens below the 200-day moving average." pic.twitter.com/PjZeTYe82N — David Keller, CMT (@DKellerCMT) October 23, 2023 Today’s Chart of the Day was shared […]
Daily Chart Report 📈 Friday, October 20, 2023
Powered By: Today’s Summary Friday, October 20, 2023 Indices: Dow -0.86% | S&P 500 -1.26% | Russell 2000 -1.29% | Nasdaq -1.50% Sectors: All 11 sectors closed lower for the second day. Consumer Staples led but still fell -0.39%. Tech lagged, dropping -1.69%. Commodities: Crude Oil futures fell -0.33% to $88.08 per barrel. Gold futures […]
Chart of the Day – Friday, October 20, 2023
Featured chart.To date Gold is forming an engulfing sweeping reversal month. This is one of the most bullish charts I have seen in 48 years of trading$GC_F $GLD pic.twitter.com/IBGvNDBbkw — Peter Brandt (@PeterLBrandt) October 20, 2023 Today’s Chart of the Day was shared by Peter Brandt (@PeterLBrandt). Gold continued higher this week by +2.72%Â after rising […]
Daily Chart Report 📈 Thursday, October 19, 2023
Powered By: Today’s Summary Thursday, October 19, 2023 Indices: Dow -0.75% | S&P 500 -0.85% | Nasdaq -0.85% | Russell 2000 -1.51% Sectors: All 11 sectors closed lower. Communications led but still inched lower by -0.10%. Consumer Discretionary lagged, dropping -2.56%. Commodities: Crude Oil futures rose +1.26% to $88.37 per barrel. Gold futures gained +0.62% […]
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