Prior uptrend, multi-year consolidation, base breakout, new uptrend? pic.twitter.com/lDRxT1SUcA — J.C. Parets (@allstarcharts) August 14, 2020 Today’s Chart of the Day was shared on Twitter by JC Parets (@allstarcharts). It’s a weekly candlestick chart of Bitcoin over the past five years. Remember Bitcoin Mania in 2017? The cryptocurrency surged more than 1,800% that year, from […]
Chart of the Day – Thursday, August 13th, 2020
Today marks 100 trading days since the March 23 lows. This is officially the largest 100 day rally ever for the S&P 500 Index, up more than 50%. Looking at the previous best 100-day rallies ever shows the S&P 500 has gained 12 months later 17 of 18 times ('87 didn't work). pic.twitter.com/7XuSstgUeA — Ryan […]
Chart of the Day – Wednesday, August 12th, 2020
Semis, rails, trucking and housing all in the upper right hand corner.. a bullish technical trend for markets & economic expectations. $SOX $DJUSRR $DJUSTK $ITB pic.twitter.com/lUogN28Ppj — Larry Tentarelli, Blue Chip Daily (@LMT978) August 12, 2020 Today’s Chart of the Day was shared on Twitter by Larry Tentarelli (@LMT978). The S&P 500 flirted with all-time […]
Chart of the Day – Tuesday, August 11th, 2020
Here's the $VVIX chart I was referencing earlier, I wrote about this divergence more in-depth on Sunday in my Thrasher Analytics letter. pic.twitter.com/ksKMTQEt3z — Andrew Thrasher, CMT (@AndrewThrasher) August 11, 2020 Today’s Chart of the Day was shared on Twitter by Andrew Thrasher (@AndrewThrasher). The chart shows the Volatility Index ($VIX) and the Volatility of […]
Daily Chart Report ? Monday, August 10th, 2020
Sponsored By: Today’s Summary Monday, August 10th, 2020 Indices: US Stocks were mixed in today’s session. The Dow Jones Industrial Average advanced 358 points or 1.30%. The S&P 500 closed higher for the seventh day in a row, rising 0.27%. The Nasdaq underperformed, slipping 0.39%. The Russell 2000 gained 0.99%. Sectors: Energy led, rising 3.09%. Health Care lagged, falling 0.34%. Commodities: Crude Oil futures moved higher by 1.75% to $41.94 per […]
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