Today’s Chart of the Day was shared in a note by seasonality expert, Jeff Hirsch (@AlmanacTrader). Jeff points out that the first trading day in July has been quite bullish for the major indices over the past 21-years. The S&P 500 has closed higher 85.7% of the time, for a median gain of 0.54%. Jeff adds, “No other day […]
Chart of the Day – Monday, June 29th, 2020
Being optimistic on stocks – more often than not – will get you really far in this game. pic.twitter.com/AKclqBsjIr — Ian McMillan, CMT (@the_chart_life) June 29, 2020 Today’s Chart of the Day was shared on Twitter by Ian McMillan (@the_chart_life). It’s a logarithmic chart of the Dow Jones Industrial Average over the past 105 years. Ian […]
Chart of the Day – Thursday, April 9th, 2020
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 – 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, March 24th, 2020
Here are the largest Dow gains ever and what happened next. pic.twitter.com/29G8EFgREy — Ryan Detrick, CMT (@RyanDetrick) March 24, 2020 Today’s Chart of the Day was shared on Twitter by Ryan Detrick (@RyanDetrick). The Dow Jones Industrial Average just had its best day since 1933. Ryan’s table shows some of the best days in the history of the […]
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