Classic equilibrium point in the Dollar index….ya think it is waiting for something?! hmmmm pic.twitter.com/FmS8lfgSYN — Linda Raschke (@LindaRaschke) March 18, 2024 🏆 Today’s Chart of the Day was shared by Linda Raschke (@LindaRaschke). The US Dollar Index was a crucial chart in 2022, but little has been said about it since its peak in […]
Chart of the Day – Friday, March 15, 2024
$SPY couple of doji weeklies pic.twitter.com/aoIlA7GBSc — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) March 15, 2024 🏆 Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). The S&P 500 logged its first back-to-back weekly loss since October, but both weeks have been virtually flat (-0.26% and -0.13%), leaving the index just -0.39% below […]
Chart of the Day – Thursday, March 14, 2024
Changing of the guard. $MSFT $AAPL pic.twitter.com/OnTyVAAFGP — Sam Gatlin (@sam_gatlin) March 14, 2024 🏆 Today’s Chart of the Day was shared by Sam Gatlin (@sam_gatlin). $MSFT broke out to an all-time high today, while $AAPL remains in a corrective phase -12.7% from its December peak (absolute basis). $AAPL dominated $MSFT for over a decade […]
Chart of the Day – Wednesday, March 13, 2024
Today's close will make 266 trading days since a 2% down day. 3rd time this century for a run > 250. Some of these historical runs have continued for more than 500 and even 700 consecutive trading days. Crossing above 250 has seen SPX higher 93% or 14 of the last 15 times. pic.twitter.com/aoBvlhnVjr — […]
Chart of the Day – Tuesday, March 12, 2024
One of the most interesting charts out there right now IMO. If this becomes a failed breakout for growth stocks relative to value, we might be sitting here 9 months from now talking about how the Financials and Industrials were the leaders in 2024. And maybe the small caps too pic.twitter.com/SMeaHKsXo1 — Austin Harrison, CFA, […]
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