Powered By: Today’s Summary Friday, August 4, 2023 Indices: Russell 2000 -0.20% | Dow -0.43% | Nasdaq -0.51% | S&P 500 -0.53% Sectors: 2 of the 11 sectors closed higher. Consumer Discretionary led, rising +1.45%. Tech lagged, dropping -1.36%. Commodities: Crude Oil futures gained +1.56% to $82.82 per barrel. Gold futures rose +0.37% to $1,976 per oz. Currencies: The US Dollar Index dropped -0.47% to $102.00. Crypto: Bitcoin fell -0.34% to $29,077. Ethereum […]
Chart of the Day – Thursday, August 4, 2023
This week's US debt downgrade has coincided with recent weakness in stocks, but the charts signaled stocks were running out of steam and due for consolidation. 14-day RSI peaked in June, and July's price gain wasn't confirmed. Likewise, MACD stalled for the past 6 weeks. pic.twitter.com/NNbJMo37db — Gina Martin Adams (@GinaMartinAdams) August 4, 2023 Today’s […]
Daily Chart Report 📈 Thursday, August 3, 2023
Powered By: Today’s Summary Thursday, August 3, 2023 Indices: Nasdaq -0.11% | Dow -0.19% | S&P 500 -0.26% | Russell 2000 -0.28% Sectors: 3 of the 11 sectors closed higher. Energy led, rising +1.01%. Utilities lagged, dropping -2.28%. Commodities: Crude Oil futures gained +2.59% to $81.55 per barrel. Gold futures fell -0.31% to $1,969 per oz. Currencies: The US Dollar Index snapped a five-day winning streak, inching lower by -0.10% to $102.49. Crypto: […]
Chart of the Day – Wednesday, August 3, 2023
Today’s Chart of the Day was shared by Brian Joyce (@Nasdaqbjoyce). The Dollar Index ($DXY) is at a crossroads again, and the next move for stocks could hinge on the path it takes. $DXY broke down to a 15-month low three weeks ago, after violating the February/April lows, around $101. However, that breakdown is failing […]
Daily Chart Report 📈 Wednesday, August 2, 2023
Powered By: Today’s Summary Wednesday, August 2, 2023 Indices: Dow -0.98% | Russell 2000 -1.37% | S&P 500 -1.38% | Nasdaq -2.21% Sectors: 2 of the 11 sectors closed higher. Consumer Staples led, rising +0.36%. Tech lagged, dropping -2.47%. Commodities: Crude Oil futures dropped -2.31% to $79.49 per barrel. Gold futures fell -0.19% to $1,975 per oz. Currencies: The US Dollar Index gained +0.62% to $102.60. Crypto: Bitcoin dropped -1.93% to $29,124. Ethereum fell -1.85% to […]
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