This little week-long shakeout and round trip back to record highs has left a cute little island. Populated by stranded bears? pic.twitter.com/WtI1eeqNXn — Michael Santoli (@michaelsantoli) December 6, 2019 Today’s Chart of the Day was shared on Twitter by Michael Santoli (@michaelsantoli). It’s an intraday chart of the S&P 500 index over the past four […]
Range-Bound
After a stellar June and July, markets have been hit in August. So far, we saw a nearly 7% drawdown from all-time highs on the S&P 500 ($SPX), but have rebounded over the last few trading sessions. However, even being so close to these highs, sentiment remains quite bearish, as we have pointed out in […]
Trendless Markets
The legendary Paul Tudor Jones once said: “Markets trend only about 15 percent of the time; the rest of the time they move sideways.” When you think about this quote in the context of today’s stock market it’s clear that we’re in the midst of that 85% of the time when markets move sideways. In […]
Insurance for Your Portfolio
While the broad market gets bought, then sold…then bought…then sold, many investors and traders are having trouble finding areas to hideout. Meanwhile, contributors at The Chart Report have been prudent in pointing out a few areas to accomplish this, namely Utilities and Restaurants. However, there’s another interesting subset of the market that we want to bring […]
The IPO Game
There is nothing quite like the rush of a freshly priced company ready to take on the primary and secondary markets. IPOs can be dramatic, exciting, nerve-racking, prosperous, and even explosive for some. Recent IPO’s like Beyond Meat, Inc. ($BYND) and Zoom Video Communications ($ZM) have seen gains since their IPO date of 257.4% and […]
