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Chart of the Day – Monday, July 10, 2023

July 10, 2023 Patrick Dunuwila

Peak analyst disparity? pic.twitter.com/v5g19JRS2i — Mark Ungewitter (@mark_ungewitter) July 10, 2023 Today’s Chart of the Day was shared by Mark Ungewitter (@mark_ungewitter). The chart on the bottom is making its rounds, as Bloomberg points out that Wall Street strategists are extremely spit right now. The gap between the highest and lowest year-end targets for the […]

$SPX, $SPY, Mark Ungewitter, Sentiment

Chart of the Day – Tuesday, July 26th, 2022

July 26, 2022 Patrick Dunuwila

$ARKK jumps back into the creek. pic.twitter.com/v9WFe8poWf — Mark Ungewitter (@mark_ungewitter) July 26, 2022 Today’s Chart of the Day was shared by Mark Ungewitter (@mark_ungewitter). It’s a chart of the Ark Innovation ETF ($ARKK) over the past six months. The five largest holdings in this ETF include $TSLA, $ZM, $ROKU, $TDOC, and $CRSP. Mark points […]

$ARKK, Chart of the Day, Mark Ungewitter

Chart of the Day – Friday, June 17th, 2022

June 17, 2022 Patrick Dunuwila

Bear markets typically leave no sector unscathed. Is energy staging a descent toward 200dma? pic.twitter.com/oqyQ2zHs3o — Mark Ungewitter (@mark_ungewitter) June 17, 2022 Today’s Chart of the Day was shared by Mark Ungewitter (@mark_ungewitter). The Energy Sector has been the only place to hide this year, however, this week was an entirely different story. It tumbled […]

$XLE, Energy, Mark Ungewitter

Chart of the Day – Monday, May 23rd, 2022

May 23, 2022 Patrick Dunuwila

All bear markets come to an end, but there’s no telling how deep they will run. Fortunately, you don’t need to call a bottom, as price momentum typically confirms the next durable advance. pic.twitter.com/10K54BKxSb — Mark Ungewitter (@mark_ungewitter) May 23, 2022 Today’s Chart of the Day was shared by Mark Ungewitter (@mark_ungewitter). Bernard Baruch once […]

$SPX, Chart of the Day, Mark Ungewitter, S&P500

Chart of the Day – Tuesday, October 5th, 2021

October 5, 2021 Patrick Dunuwila

October tends to close strongly, despite greater-than-normal drawdown. (Median drawdown and close for all other months since 1990 is -2.0% and +1.2%, respectively.) pic.twitter.com/iA7nmvfywa — Mark Ungewitter (@mark_ungewitter) October 5, 2021 Today’s Chart of the Day was shared by Mark Ungewitter (@mark_ungewitter). The red dots represent the performance of the S&P 500 in each October over the […]

$SPX, $SPY, Chart of the Day, Mark Ungewitter, Seasonality

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