$GOOGL the next comm services domino to fall? $XLC pic.twitter.com/BcZhlyoNOx — David Rath (@DJwrath) April 21, 2022 Today’s Chart of the Day was shared by David Rath (@DJwrath). It’s a daily candlestick chart of Alphabet Inc. ($GOOGL) over the past year. The stock broke below key support around $2,500 today, closing at a 9-month low. Keep in […]
Chart of the Day – Wednesday, January 20th, 2021
The recent outperformance from Small-Caps was definitely a bullish development, but let's not forget who the secular leaders are… $MSFT $AAPL $GOOGL $AMZN #MAGA pic.twitter.com/4pWLP0LJuU — Steven Strazza (@sstrazza) January 20, 2021 Today’s Chart of the Day was shared on Twitter by Steve Strazza (@sstrazza). It’s a custom index that Steve calls the MAGA Index. No, not […]
Chart of the Day – Tuesday, October 13th, 2020
Communications stocks relative to S&P 500 bouncing in a very logical level $XLC / $SPY pic.twitter.com/aEhWGoae09 — R. Alfonso Depablos (@AlfCharts) October 13, 2020 Today’s Chart of the Day was shared on Twitter by R. Alfonso Depablos (@AlfCharts). It’s a ratio chart of the Communications sector relative to the S&P 500 over the past couple […]
Chart of the Day – Friday, May 8th, 2020
Revisiting this chart comparing SPX vs FAAMG since Jan 26, 2018 shows continued divergence of FAAMG stocks vs everything else in the S&P 500. pic.twitter.com/g3YkVVLZMd — Clarence Carr, MD, MBA (@ClarenceCarr) May 8, 2020 Today’s Chart of the Day was shared on Twitter by Clarence Carr (@ClarenceCarr). The dismal economic backdrop has many scratching their […]
The Big BAANG
John Roque of Wolfe Research recently made an appearance on CNBC’s “Squawk Box” to share his thoughts about the breakout in precious metals. In the segment, he argued that Gold Mining stocks were a better play than the beloved mega-cap FAANG names (Facebook, Amazon, Apple, Netflix, Google). He coined the term BAANG to represent a […]