$SPX S&P 500 Index, daily line chart highlighting important price levels over the trailing 12-months. Is it Fitch or overhead supply? pic.twitter.com/08etMEaAmG — Shane C. Murphy (@murphycharts) August 2, 2023 Today’s Chart of the Day was shared by Shane Murphy (@murphycharts). Many are blaming the newfound weakness on the US Debt downgrade. However, this is […]
Chart of the Day – Monday, July 24, 2023
A bullish scent in the air: The all-important equal-weighted index continues to flirt with a base breakout. pic.twitter.com/QHiqRD9O7x — Jurrien Timmer (@TimmerFidelity) July 24, 2023 Today’s Chart of the Day was shared by Jurrien Timmer (@TimmerFidelity). The Equal Weight S&P 500 is less than 1% away from joining the new 52-week high club as it […]
Chart of the Day – Friday, July 14, 2023
Leaders keep leading – but now they have some followers. YTD return for the median stock in the S&P 500 is up to 7.3% – it's highest level since the first week of February. Since the end of May, median stock (+9.4%) has outperformed the index (+7.9%). pic.twitter.com/tTrWXH9Xpv — Willie Delwiche, CMT, CFA (@WillieDelwiche) July […]
Chart of the Day – Wednesday, June 14, 2023
No real #FOMC action just a lot of chop $SPY pic.twitter.com/4s3wh2OdDq — Michael Nauss, CMT, CAIA 🇨🇦 (@MichaelNaussCMT) June 14, 2023 Today’s Chart of the Day was shared by Michael Nauss (@MichaelNaussCMT). The S&P 500 was essentially unchanged today, closing higher by a paltry +0.08%. It wasn’t much, but it was enough to mark […]
Chart of the Day – Monday, June 12, 2023
$SPX S&P 500 Index, closing the day at fresh 52-week highs and above the 0.618 Fibonacci retracement. pic.twitter.com/iGnM9yIs8d — Shane C. Murphy (@murphycharts) June 12, 2023 Today’s Chart of the Day was shared by Shane Murphy (@MurphyCharts). The S&P 500 closed at a new 52-week high today for the first time since its peak more […]
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