$RSP S&P500 equally weighted… Taking your breath away to solve the breadth issue… GAP on VOLUME out of the channel and clipping the 200days MAV RSI never confirmed the lows of the channel. pic.twitter.com/fhm3OPWxOD — conradseric, CMT, CAIA, CEFA (@conradseric) June 2, 2023 Today’s Chart of the Day was shared by Eric Conrads (@conradseric). Breadth […]
Daily Chart Report 📈 Thursday, June 1, 2023
Powered By: Today’s Summary Thursday, June 1, 2023 Indices: Nasdaq +1.31% | Russell 2000 +1.05% | S&P 500 +0.98% | Dow +0.47% Sectors: 9 of the 11 sectors closed higher. Communications led, rising +1.35%. Utilities lagged, dropping -0.74%. Commodities: Crude Oil futures gained +2.95% to $70.10 per barrel. Gold futures rose +0.68% to $1,996 per oz. Currencies: The US Dollar Index dropped -0.64% to $103.56. Crypto: Bitcoin fell -1.20% to $26,893. Ethereum inched […]
Chart of the Day – Wednesday, June 1, 2023
Today’s Chart of the Day was shared in a note by Jeff Hirsch, editor of The Stock Trader’s Almanac. The chart show June’s seasonal pattern for the Dow (red), S&P 500 (green), Nasdaq (blue), Russell 1000 (purple), and Russell 2000 (black). June hasn’t been very bullish over the past 21-years (solid lines) with four of […]
Daily Chart Report 📈 Wednesday, May 31, 2023
Powered By: Today’s Summary Wednesday, May 31, 2023 Indices: Dow -0.41% | S&P 500 -0.61% | Nasdaq -0.71% | Russell 2000 -1.00% Sectors: 5 of the 11 sectors closed higher. Utilities led, rising +0.92%. Energy lagged, dropping -1.76%. Commodities: Crude Oil futures dropped -1.97% to $68.09 per barrel. Gold futures rose +0.25% to $1,982 per […]
Chart of the Day – Tuesday, May 31, 2023
$SPY $SPX #SPY Friendly reminder: We’re breaking out on the monthly chart. pic.twitter.com/n2eqbfBXrY — Jake Wujastyk (@Jake__Wujastyk) May 31, 2023 Today’s Chart of the Day was shared by Jake Wujastyk (@Jake_Wujastk). May is in the books! The S&P 500 inched higher by just +0.25% this month, but that was enough to mark a new 14-month […]
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