Today, $SPY closed below it's 50 day moving average. Since 2009, this has happened 92 times when the MA is upward sloping. Typically, it is higher two weeks later nearly 70% of the time. pic.twitter.com/rarSUELFVI — Pivot Analytics ?? (@pivotanalytics) March 4, 2021 Today’s Chart of the Day was shared on Twitter by Pivot Analytics […]
Chart of the Day – Thursday, November 5th, 2020
Today’s Chart of the Day was shared in a note by Pivot Analytics (@pivotanalytics). Stocks have gone vertical this week. The S&P 500 logged its 4th consecutive gain of 1% or more. Needless to say, this price action is quite rare. Before today, this has happened 11 times since 1930 and only 3 times since 1938. Taking a […]
Chart of the Day – Monday, September 28th, 2020
FWIW $SPY pic.twitter.com/ehpWwz9YcR — PivotAnalytics (@pivotanalytics) September 28, 2020 Today’s Chart of the Day was shared on Twitter by Petr of Pivot Analytics (@pivotanalytics). It’s a seasonal composite of the S&P 500 that compiles data from 2000-2019. October has a reputation for being a troublesome month for Stocks, especially in election years. Most of the seasonality stats you see […]