Experienced classical chartists will know what this is. $YM_F pic.twitter.com/9XQAAxsDEl — Peter Brandt (@PeterLBrandt) July 21, 2021 Today’s Chart of the Day was shared on Twitter by Peter Brandt (@PeterLBrandt). It’s a daily bar chart of the Dow Jones Industrial futures over the past three months. Peter alludes to the fact that the Dow has formed […]
Chart of the Day – Monday, April 20th, 2020
How much blood will be on the street b/c of Crude Oil? Bankrupt trading firmsNYMEX — margin calls not metFutures Commission Merchants This is going to be ugly. Books will be written about today. $CL_F pic.twitter.com/toADhdLWC2 — Peter Brandt (@PeterLBrandt) April 20, 2020 Today’s Chart of the Day was shared on Twitter by Peter Brandt […]
Chart of the Day – Monday, January 13th, 2020
A “growth” stock that could go “high” $CGC pic.twitter.com/oKAUcWfJuA — Peter Brandt (@PeterLBrandt) January 13, 2020 Today’s Chart of the Day was shared on Twitter by Peter Brandt (@PeterLBrandt). It’s a daily candlestick chart of the popular pot stock, Canopy Growth Corporation ($CGC). Marijuana was one of the worst-performing industry groups in 2019. However, it […]
Chart of the Day – Friday, October 25th, 2019
If a new ATH will be your confirmation of a bear market in the #NASDAQ $NDX $NQ_F, you are about to get your way pic.twitter.com/xUg2lv6n2p — Peter Brandt (@PeterLBrandt) October 25, 2019 Today’s Chart of the Day was shared on Twitter by Peter Brandt (@PeterBrandt). It’s a weekly candlestick chart of the Nasdaq 100 index […]
Small-caps Showing Signs of Life
For a majority of the year, the underperformance of Small-caps has been one of the more valid arguments that the bears have had for betting against stocks. However, in the past week, Small-caps have made an impressive comeback. As a legendary trader, Peter Brandt points out in the tweet below, this eliminates what has been […]