Chart of the Day – July 8, 2020
Tech isn't cheap. That doesn't mean it can't or won't keep going higher. Here's a 5-yr chart of the Nasdaq's Forward-P/E ratio. At roughly 37.8..
by
Chris Wenner in
Charts
Research & Market Commentary
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Chart of the Day – July 7, 2020
Bollinger bands are often useful to help identify possible entry and exit points. When indices or individual equities are at the top end of their BB's - and especially if they pierce through that top - it's likely a good time to reduce exposure..
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Chris Wenner in
Charts
Chart of the Day – July 6, 2020
Gold has quietly been making moves towards its all-time-high of $1921. It hit this level in late-2011. Since then, the spot price..
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Chris Wenner in
Charts
Chart of the Day – July 2, 2020
Looking at an SPX seasonality chart, July has been the strongest average month over the last 5 years. Since 2015, the month of July..
by
Chris Wenner in
Charts
Chart of the Day – July 1, 2020
WTI Crude looks like it wants to move higher. This morning it traded right up to its downtrend, roughly $40.55, and retreated from there a few hours ago..
by
Chris Wenner in
Charts