What comes next for the S&P500? Are we finally breaking above $420… ? My best guess is a breadth expansion with broader participation while the mega cap names take a back seat over the coming weeks. How do you see it?$SPX $SPY pic.twitter.com/yAiCpgTkmb — Sam McCallum (@Honeystocks1) May 26, 2023 Today’s Chart of the Day […]
Chart of the Day – Wednesday, May 4th, 2022
Failed break down with $IWM? Very convincing move today post FOMC, it appears the market priced in a 50bps hike and likes what it's heard from Mr Powell… it's a day by day / week by week thing just now but it's encouraging. I'll take it. pic.twitter.com/mPsVEiDtDy — Sam McCallum ??????? (@Honeystocks1) May 4, 2022 […]
Chart of the Day – Tuesday, March 1st, 2022
$TNX would this be a bullish or bearish development for Technology $QQQ $XLK stocks? No idea what comes next as there's a lot of weakness / uncertainty out there Also, it's just 1 data point to consider. pic.twitter.com/qykhoyZpbT — Sam McCallum ??????? (@honeystocks1) March 1, 2022 Today’s Chart of the Day was shared by Sam […]
Chart of the Day – Monday, February 7th, 2022
$XOP Is it just a matter of time before we break out of a 3 month base? pic.twitter.com/Lx2UGyC5Yk — Sam McCallum ??????? (@honeystocks1) February 7, 2022 Today’s Chart of the Day was shared by Sam McCallum (@honeystocks1). It’s a daily candlestick chart of the Oil & Gas Exploration & Production ETF ($XOP). This is one […]
Chart of the Day – Monday, November 9th, 2020
Sometimes the best thing to do with 1-2 days of news driven price action is absolutely nothing. Growth vs Value is getting a lot of airtime just now… a move into Value? I'm not ready to make that call. Charts keep it real. pic.twitter.com/l1SrloyZTR — Sam McCallum (@honeystocks1) November 9, 2020 Today’s Chart of the […]