$SMH: New highs for this leading industry group, Very Bullish Rating @chaikinanalytic If the semis are leading, it's hard to get bearish IMO pic.twitter.com/3GIj7YYYkS — Dan Russo, CMT (@DanRusso_CMT) December 16, 2019 Today’s Chart of the Day was shared on Twitter by Dan Russo of Chaikin Analytics (@DanRusso_CMT). It’s a daily bar chart of the […]
Chart of the Day – Tuesday, August 27th, 2019
Today’s Chart of the Day was shared on Twitter by Dan Russo of Chaikin Analytics (@DanRusso_CMT). It’s a daily candlestick chart of the Small-cap Russell 2000 index over the past year. The Russell 2000 has been in focus recently as it continues to underperform the other major indices. Today, it fell beneath the June low and […]
Aggressive on Aerospace
Dan Russo of Chaikin Analytics recently sat down with Real Vision to share his take on one particular sub-industry: Aerospace and Defense ($ITA). While Boeing ($BA) has been a laggard and just had a very lackluster earnings report, Dan still likes many of the other stocks within the group. He also notes that internally at Chaikin […]
Chart of the Day – Tuesday, July 23rd, 2019
Today’s Chart of the Day was shared on Twitter by Dan Russo of Chaikin Analytics (@DanRusso_CMT). It’s a line chart of the SPDR Technology sector ETF, $XLK breaking out to new all-time highs. Dan notes that recent strength from Semiconductor stocks has been helping push Technology higher. In fact, the Semiconductor ETF, $SMH closed at a […]
Financials Remain in Focus
Financials are certainly a space that we have covered a few times on this site, both in April and June. This sector continues to be an area of focus for many investors out there. In fact, Financials have outperformed the broad market over the last three months. It is also the third highest-weighted sector in […]