Home builders and semiconductors both hitting new highs. This doesn’t happen in bear markets. These industries also are usually among the earliest signals of an emerging economic recovery from recession. pic.twitter.com/YaUrRozrVU — Gina Martin Adams (@GinaMartinAdams) June 22, 2023 Today’s Chart of the Day was shared by Gina Martin Adams (@GinaMartinAdams). These three industry groups […]
Chart of the Day – Thursday, March 31st, 2022
Homies don't like new mortgage rates. $ITB pic.twitter.com/yTRiv5ZGUI — Michael Kahn, CMT (@mnkahn) March 31, 2022 Today’s Chart of the Day was shared by Michael Kahn (@mnkahn). It’s a daily bar chart of the Home Construction ETF, $ITB, over the past 11 months. The largest stocks in this ETF include; $DHI, $LEN, $NVR, $PHM, and […]
Chart of the Day – Thursday, December 2nd, 2021
I humbly present the ASH trade:Apple $AAPLSemiconductors $SMHHomebuilders $ITBThree charts showing strength during a period of market dislocation. pic.twitter.com/xNxuPB4iOD — David Keller, CMT (@DKellerCMT) December 2, 2021 Today’s Chart of the Day was shared by David Keller (@DKellerCMT). It’s a daily bar chart of the Semiconductor ETF, $SMH, over the past two years. Stocks rebounded […]