With a +2.67% pop, the Russell 2000 $IWM just printed its second largest single-day gain of the year Only session with a bigger move so far in 2023 was June 2nd (+3.63%) KEY QUESTION – will this week's price action materialize into a false breakdown for Small Caps? 👀 pic.twitter.com/j6lccwEVex — Grayson Roze (@GraysonRoze) November 2, […]
Chart of the Day – Wednesday, July 26, 2023
I mean, it would have been way too cliché for the Dow to end its run of higher closes on the 13th day… 🎃 pic.twitter.com/7NYYGyWBBl — Grayson Roze (@GraysonRoze) July 26, 2023 Today’s Chart of the Day was shared by Grayson Roze (@GraysonRoze). The Dow closed higher for the 13th straight day today, which ties […]
Chart of the Day – Wednesday, March 15th, 2023
Downtrends do downtrend things like, uhh, go down… $CS ↘️ pic.twitter.com/4z4Ni3AwGu — Grayson Roze (@GraysonRoze) March 15, 2023 Today’s Chart of the Day was shared by Grayson Roze (@GraysonRoze). The saying “The trend is your friend“ gets thrown around so often that it’s easy to dismiss it as a cute rhyming platitude. However, we’ve seen numerous examples […]
Chart of the Day – Tuesday, November 15th, 2022
Semiconductors kissin' the 200-day, trading at the long-term moving average for the first time since March 31st. Most importantly, $SMH has been heavily outperforming the total market on a relative basis since the October low. Return of the risk appetite? pic.twitter.com/FkZQXWyfNC — Grayson Roze (@GraysonRoze) November 15, 2022 Today’s Chart of the Day was shared […]
Chart of the Day – Tuesday, September 27th, 2022
Would you buy this breakout? If so, you should be bearish on stocks. This flipped look at the S&P 500 $SPX is a great example of how inverted charts can help keep you honest and objective. If you love it upside down, you gotta hate it right side up. Simple as that. pic.twitter.com/h2fJFR9foq — Grayson […]