The $VIX closed above 16 for the first time in almost six months. Can someone point out the scary part please? pic.twitter.com/gbay7D7Noi — Jason Goepfert (@jasongoepfert) April 4, 2024 🏆 Today’s Chart of the Day was shared by Jason Goepfert (@jasongoepfert). After a nasty intraday reversal, the S&P 500 closed lower by -1.23% today. Meanwhile, […]
Daily Chart Report 📈 Wednesday, April 3, 2024
Powered By: Today’s Summary Wednesday, April 3, 2024 Indices: Russell 2000 +0.54% | Nasdaq +0.21% | S&P 500 +0.11% | Dow -0.11% Sectors: 7 of the 11 sectors closed higher. Communications led, gaining +0.79%. Staples lagged, falling -1.10%. Commodities: Crude Oil futures rose +0.33% to a five-month high of $85.43 per barrel. Gold futures rose for the seventh day, gaining +1.45% to an all-time high of $2,315 per oz. Currencies: The US Dollar […]
Chart of the Day – Wednesday, April 3, 2024
Silver looks like $45. Regardless of where it ends up in the long term, the breakout above the '23 highs means the uptrend that began in 2020 is likely in the early stages of resuming. $SLV #Silver #Commodities #trendfollowing pic.twitter.com/W3ZhxkSuNe — John Kolovos, CMT, CFA (@John_Kolovos) April 3, 2024 🏆 Today’s Chart of the Day […]
Daily Chart Report 📈 Tuesday, April 2, 2024
Powered By: Today’s Summary Tuesday, April 2, 2024 Indices: S&P 500 -0.72% | Nasdaq 100 -0.94% | Dow -1.00% | Russell 2000 -1.80% Sectors: 2 of the 11 sectors closed higher. Energy led by a notable margin, gaining +1.40%. Health Care lagged, falling -1.56%. Commodities: Crude Oil futures rose +1.72% to a five-month high of […]
Chart of the Day – Tuesday, April 2, 2024
Another way to visualize the cycle is to show it as a clock. If 12:00 is the start of the cycle, compared to the longest cycles in history, it’s only around 3 pm right now. Based on the average cycle, it’s 6 pm. Time is still on our side. /END pic.twitter.com/kSREs3YXHU — Jurrien Timmer (@TimmerFidelity) […]
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