Today’s Chart of the Day was shared by Jonathan Krinsky (@jkrinskypga). It’s a chart of the S&P 500 since the end of December. The level in red, around 4231, represents the 50% retracement of this year’s decline. Jonathan points out that a potential break above the 50% retracement could signal the start of a new […]

Sponsored By: Today’s Summary Thursday, August 4th, 2022 Indices: Nasdaq 100 +0.44% | S&P 500 -0.08% | Russell 2000 -0.13% | Dow -0.26% Sectors: 7 of the 11 sectors closed higher. Technology led, gaining +0.46%. Energy lagged by a wide margin, dropping -3.71%. Commodities: Crude Oil futures dropped -3.15% to a six-month low of $87.80 per barrel. Gold futures gained +1.77% to $1,808 per ounce. Currencies: The US Dollar Index dropped -0.58%. […]

Sponsored By: Today’s Summary Wednesday, August 3rd, 2022 Indices: Nasdaq 100 +2.73% | S&P 500 +1.56% | Russell 2000 +1.41% | Dow +1.29% Sectors: 10 of the 11 sectors closed higher. Technology led, gaining +2.66%. Energy was the only sector that closed lower, dropping -2.87%. Commodities: Crude Oil futures dropped -3.71% to a five-month low of  $90.92 per barrel. Gold futures fell -0.42% to $1,782 per ounce. Currencies: The US Dollar […]

Sponsored By: Today’s Summary Tuesday, August 2nd, 2022 Indices: Russell 2000 -0.05% | Nasdaq 100 -0.30% | S&P 500 -0.67% |  Dow -1.23% Sectors: All 11 sectors closed lower. Communications led but still fell -0.16%. Real Estate lagged, dropping -1.32%. Commodities: Crude Oil futures rose +0.56% to $94.42 per barrel. Gold futures inched higher by +0.11% to $1,790 per ounce. Currencies: The US Dollar Index gained +0.89%. Crypto: Bitcoin fell -0.83% to $23,085. Ethereum rose +0.91% to $1,646. Interest Rates: […]

Sponsored By: Today’s Summary Monday, August 1st, 2022 Indices: Nasdaq 100 -0.06% | Russell 2000 -0.10% | Dow -0.14% | S&P 500 -0.28% Sectors: 4 of the 11 sectors closed higher. Consumer Staples led, gaining +1.25%. Energy lagged, falling -2.07%. Commodities: Crude Oil futures dropped -4.80% to $93.89 per barrel. Gold futures rose +0.33% to $1,788 per ounce. Currencies: The US Dollar Index fell -0.40%. Crypto: Bitcoin fell -1.49% to $22,974. Ethereum dropped -4.04% to $1,612. Interest Rates: The US 10-year Treasury […]