For the first time since Nov 2021, we had a week full of quiet strength: No days with a 1% swing in the S&P 500 AND no days with new lows exceeding new highs. pic.twitter.com/QS7C7Yr3L5 — Willie Delwiche, CMT, CFA (@WillieDelwiche) June 9, 2023 Today’s Chart of the Day was shared by Willie Delwiche (@WillieDelwiche). […]
Daily Chart Report 📈 Thursday, June 8, 2023
Powered By: Today’s Summary Thursday, June 8, 2023 Indices: Nasdaq 100 +1.27% | S&P 500 +0.62% | Dow +0.50% | Russell 2000 -0.41% Sectors: 7 of the 11 sectors closed higher. Consumer Discretionary led, gaining +1.48%. Real Estate lagged, falling -0.61%. Commodities: Crude Oil futures fell -1.71% to $71.29 per barrel. Gold futures rose +1.03% to $1,979 per oz. Currencies: The US Dollar Index had its worst day in nearly three months, […]
Chart of the Day – Thursday, June 8, 2023
AAII: Bulls now firmly outnumber bears for the first time in 18 months. Should we run for the hills? In Nov ’20, we saw a similar shift to optimism after 8 months of pessimism. $SPX kept trending higher for the next 12 months. Follow trends. pic.twitter.com/h2pbgSxvtH — Brian G (@alphacharts) June 8, 2023 Today’s Chart […]
Daily Chart Report 📈 Wednesday, June 7 2023
Powered By: Today’s Summary Wednesday, June 7, 2023 Indices: Russell 2000 +1.78% | Dow +0.27% | S&P 500 -0.38% | Nasdaq -1.75% Sectors: 6 of the 11 sectors closed higher. Energy led, gaining +2.65%. Technology lagged, falling -1.49%. Commodities: Crude Oil futures rose +1.10% to $72.53 per barrel. Gold futures dropped -1.17% to $1,958 per oz. Currencies: The US Dollar Index was flat and remains at $104.11. Crypto: Bitcoin dropped -3.42% to $26,305. Ethereum fell -2.85% to […]
Chart of the Day – Wednesday, June 7, 2023
Another raging upside day for mid and small caps. pic.twitter.com/aAJo3eJNdk — Louis Spector (@EastCoastCharts) June 7, 2023 Today’s Chart of the Day was shared by Louis Spector (@EastCoastCharts). The chart shows Large Caps (S&P 500), Mid Caps, and Small Caps over the past two years. While the S&P 500 battles with its August highs, Small/Mid […]
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