In today’s Chart of the Day, we examine and assess a possible breakout from the biotechs.
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In today’s Chart of the Day, we look at the recent performance of the US Dollar Index and what impact it will have on US stocks going forward.
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Below is chart of a stock that’s experiencing a very nice breakout this week. We’ve featured the name in today’s Chart of the Day.
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With just a handful of days left in the quarter, we wanted to take a look back at what has been a crazy three months. As hard as it was to believe that the S&P 500 was down more than 10% on the year on 2/11, it was even more unfathomable that by the end of Q1 the S&P 500 would have erased all of those losses and been flat, or even up, on the year at some point before 3/31.
In today’s Chart of the Day, we went back and looked at prior years where the S&P 500 saw 10% moves to both the upside and downside in the span of the first quarter. We then checked to see how the market did for the remainder of those years. The results are rather impressive!
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After what has been a crazy quarter to say the least, we uncovered an interesting trend on the market’s performance heading into the final week of the quarter. To check it out, read on.
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