On avg December is positive for $SPX over 70% of the time. Generally a quiet start but picks up mid-month to close +1.5%. pic.twitter.com/b5pHdUMabG — Optuma (@Optuma) December 1, 2023 Today’s Chart of the Day was shared by Optuma (@Optuma). The S&P 500 kicked off December on a positive note today, gaining +0.59% to a […]
Chart of the Day – Thursday, November 30, 2023
The S&P 500 gained 8.9% in November, the 18th biggest monthly advance since 1950. $SPX pic.twitter.com/QekjOfvMnX — Charlie Bilello (@charliebilello) November 30, 2023 Today’s Chart of the Day was shared by Charlie Bilello (@charliebilello). We hope you bought in October and got yourself sober because it was a November to remember. The S&P 500 violently snapped […]
Chart of the Day – Wednesday, November 29, 2023
$SPX We intermediate traders get distracted by the daily fanfare. It is easy to lose sight of the Big Picture. A favorite trend indicator is the 20d MA of $NYNL. It just crossed above 0. The wind is at our backs. Don't lose site of that. pic.twitter.com/3zERCedpih — Alan Cohen (@al_xdpg) November 29, 2023 Today’s […]
Chart of the Day – Monday, November 27, 2023
$SPX is well above the 12M price target of consensus strategists on the street. That's historically bullish for $SPX as strategists are forced to adapt a more accommodating narrative. Yes, price leads narrative, not vice-versa #knowthedata pic.twitter.com/gfcBQyxxGu — RenMac: Renaissance Macro Research (@RenMacLLC) November 27, 2023 Today’s Chart of the Day was shared by Renaissance […]
Chart of the Day – Tuesday, November 21, 2023
Short-term uptrend still intact after $NVDA earnings report pic.twitter.com/nzZDPppRha — Cam Hui, CFA (@HumbleStudent) November 21, 2023 Today’s Chart of the Day was shared by Cam Hui (@HumbleStudent). The S&P 500 ($SPY) snapped a five-day winning streak today, slipping just -0.22%. It’s hard to imagine the rally continuing at its current pace, with $SPY up […]
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