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 – Friday, May 19, 2023
One for the road. Have a good weekend everybody $SPY $TLT pic.twitter.com/Zb1UKhXjr9 — Austin Harrison, CFA, CMT (@meanstoatrend) May 19, 2023 Today’s Chart of the Day was shared by Austin Harrison (@meanstoatrend). The S&P 500 broke out to nine-month highs on an absolute basis this week. Austin points out that it’s also breaking out relative to Bonds ($SPY/$TLT). This […]
Chart of the Day – Monday, May 15, 2023
Pretty much a holding pattern across key assets heading into the debt ceiling….$ES_F $GLD $TLT pic.twitter.com/LXcBOtRmSj — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) May 15, 2023 Today’s Chart of the Day was shared by Arun Chopra (@FustionptCapital). If this market has been putting you to sleep lately, you’re not alone. Arun points out that the […]
Chart of the Day – Friday, May 5, 2023
Little island on $SPY at the moment: pic.twitter.com/u88NyEgFac — Walter Deemer (@WalterDeemer) May 5, 2023 Today’s Chart of the Day was shared by Walter Deemer (@WalterDeemer). The S&P 500 fell -0.80% this week, but it ended on a strong note gaining +1.85% on Friday. Walter points out that the S&P 500 ETF, $SPY, has formed a bullish […]
Chart of the Day – Monday, May 1st, 2023
Did you know that the S&P 500 has closed higher in 9 of the past 10 months of May? April, July, and November are the only other months to be up as often. The only drop was the last pre-election year in 2019, down more than 6%. pic.twitter.com/xK3rRO7X1A — Ryan Detrick, CMT (@RyanDetrick) May 1, […]
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