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 […]
Chart of the Day – Friday, May 20th, 2022
Random Stat: Seven consecutive down weeks for the S&P 500 since 1950… This hasn't happened too often… $SPY $SPX #stocks pic.twitter.com/Cq0UAQzqfY — Grant Hawkridge (@granthawkridge) May 20, 2022 Today’s Chart of the Day was shared by Grant Hawkridge (@granthawkridge). It’s a chart of the S&P 500 over the past 70 years. The S&P 500 closed […]
Chart of the Day – Friday, May 13th, 2022
there are no coincidences$SPY ⚓️VWAP from Covid pic.twitter.com/InY1me8ITC — Brian Shannon, CMT (@alphatrends) May 13, 2022 Today’s Chart of the Day was shared by Brian Shannon (@alphatrends). It’s a daily candlestick chart of the S&P 500 ETF ($SPY) since the beginning of the pandemic. Brian points out that $SPY rebounded right at the Volume Weighted […]
Chart of the Day – Thursday, May 5th, 2022
Dull, range-bound action this week, trading within half a percent of Monday's open. Maybe the jobs number Friday will generate some action. pic.twitter.com/U4lDv9cnls — Michael Santoli (@michaelsantoli) May 5, 2022 Today’s Chart of the Day was shared by Michael Santoli (@michaelsantoli). It’s a chart of the S&P 500 since Monday. It’s been a choppy week to […]
Chart of the Day – Tuesday, March 29th, 2022
Today’s Chart of the Day was shared by Callie Cox (@callieabost). The 2yr/10yr yield curve briefly inverted today for the first time since 2019. The yield curve has been known to be one of the best economic indicators out there. It has inverted before all of the past 10 recessions since 1950, but there are some important caveats […]
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