The rally since 3/23 has been stronger than after any of the 13 previous waterfalls (last 5 on chart). $DJIA‘s 26% is bigger than any bear market rally except in 1930. This decline was bigger, so bounce should be bigger, but we are in rare territory for a bear market rally.4/4 pic.twitter.com/zqXMug5NAg — Ed Clissold […]
Chart of the Day – Thursday, April 2nd, 2020
Today’s Chart of the Day was shared with us in a note by MarketShark. We call this chart pack, “The Good, The Bad, and The Ugly.” The Nasdaq ETF, $QQQ, is “The Good” because it is the only one whose long-term uptrend remains intact after last month’s historic crash. The S&P 500 ETF, $SPY, is “The Bad” because […]
Chart of the Day – Friday, March 27th, 2020
How many bull and bear markets can you count here? pic.twitter.com/qzOxgORM76 — The Chart Store (@TheChartmeister) March 27, 2020 Today’s Chart of the Day was shared on Twitter by The Chart Store (@TheChartmeister). It’s a chart of the Standard & Poor’s Composite during the Great Depression in 1929-1932. Yesterday there was some noise from the […]
Chart of the Day – Tuesday, December 3rd, 2019
"Equities are in trouble here" pic.twitter.com/qzoM4dBxCw — Tom Bruni, CMT (@BruniCharting) December 3, 2019 Today’s Chart of the Day was shared on Twitter by Tom Bruni (@BruniCharting). It’s a weekly candlestick chart of the Dow Jones Industrial Average going back over a decade. Tom jokes that “Equities are in trouble here.” It might feel this […]
Chart of the Day – Wednesday, October 30th, 2019
The Dow Jones is just starting to move out of a 21-month consolidation. $DIA pic.twitter.com/lT3j4Rj5Yk — Joseph Fahmy (@jfahmy) October 30, 2019 Today’s Chart of the Day was shared on Twitter by Joe Fahmy (@jfahmy). It’s a weekly bar chart of the Dow Jones Industrial Average ETF, $DIA. Joe points out that the Dow is […]
