Chart of the Day: S&P 500 Finally Back Above 50-DMA

The S&P 500 closed back above its 50-day moving average for the first time all year today.  In today’s Chart of the Day, we take a look at how the market has historically performed when it has moved back above its 50-day after long periods of time below it.  The results might surprise you.

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Chart of the Day: Moving and Shaking

The IPO market has completely stalled out over the last 12 months, but one recent IPO whose stock price has had its fair share of struggles looks like it might be turning a corner.  We cover the name in today’s Bespoke Chart of the Day.

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Chart of the Day: Home Prices in Four Cities Now at New All-Time Highs

The monthly S&P/Case-Shiller home price indices were released this morning, and in today’s Chart of the Day, we look at four cities that have now eclipsed their prior housing bubble highs in prices.  See which cities made the cut along with which cities still have a long way to go to get back to prior home price levels.

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Chart of the Day: Low Volume Options Expiration

Volume in last week’s trading was quiet, but even on options expiration last Friday, a day when trading activity is typically above average, volume in the S&P 500 tracking ETF (SPY) came in nearly 30% below its 50-day moving average.  In today’s Chart of the Day, we look at where Friday’s weaker than average volume ranks relative to prior options expirations days, as well as how the S&P 500 performed following prior options expiration days when volume was significantly weaker than average.

SPY Volume 2016

 

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Chart of the Day: Amazon Flows South

Momentum stocks have been hit hard lately after a number of stellar runs.  Amazon (AMZN) is no exception.  In today’s Chart of the Day, we take a look at the stock’s technicals for insight into whether that move down off all-time highs is coming to an end.

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Chart of the Day: Buy the Bounce or Fade the Rally?

The S&P 500 has had three consecutive days of 1%+ gains.  Over the last 50 years, this has only occurred 29 prior times.  In today’s Chart of the Day, we look at past instances to see how the market performed on day four, over the next week, and over the next month.  Is it time to buy the bounce or fade the rally?

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