Both Dow Theory indexes selling off hard after failing to hold last week's highs $DJT $SOX pic.twitter.com/Uq0nnhMxXO — Steven Strazza (@sstrazza) April 5, 2022 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). It’s a chart of the Dow Transportation Average (black) and the Semiconductor Index (blue) over the past 11 months. Several bellwether […]
Chart of the Day – Thursday, February 24th, 2022
Russell 2000 digging in at the AVWAP from COVID lows for the 2nd time this year. Along w/ momo divergence, finally getting some signs of a bottom $IWM pic.twitter.com/ZUKSqLzSWy — Steven Strazza (@sstrazza) February 24, 2022 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). The Russell 2000 began today in bear market […]
Chart of the Day – Tuesday, November 23rd, 2021
Is there a more important chart than Industrials right now? All eyes on those former highs… $XLI ? pic.twitter.com/LxbkrZvRBu — Steven Strazza (@sstrazza) November 23, 2021 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). It’s a chart of the Industrial sector ETF, $XLI, year-to-date. The largest weighted stocks in $XLI include $HON, $UPS, […]
Chart of the Day – Thursday, November 4th, 2021
The average (median*) stock is making new all-time highs again… first time in about 5 months $VLG pic.twitter.com/r0uePqpogx — Steven Strazza (@sstrazza) November 4, 2021 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). It’s a chart of the Value Line Geometric Index over the past year. This is an equally weighted index that contains about […]
Chart of the Day – Tuesday, September 7th, 2021
What's it mean for stocks if the $SPY vs $TLT ratio makes a sustained breakout from its year-to-date range pic.twitter.com/6HFsjg9azD — Steven Strazza (@sstrazza) September 7, 2021 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). It’s a ratio chart of Stocks vs. Bonds ($SPY/TLT), along with the Russell 2000 index over the past […]