Today's Chart of the Day was shared by @adam_turnquist
While the technology sector just logged its highest weekly close ever, the average technology stock is down over 20% from its 52-week high.
Get the full details in today's report plus more great charts. ⬇️
thechartreport.com/09-25-26
High beta breaking out relative to low vol and staples breaking down relative to the S&P 500.
These aren't things you'd expect to see if the market was about to fall apart. Yes, breadth is weak, but there are many positives out there.
Nice one @TheChartReport
High Beta is set to close at new all-time highs relative to Low Volatility, while Consumer Staples are making new all-time lows relative to the S&P 500.
Nobody wants to own the "safe" stocks.
Read the full note in today's Morning Print. 🌤️
thechartreport.com/TheMornin…
Today's Chart of the Day was shared by @JeffWeniger
The Utilities Sector is on pace its worst three-week decline since its bear market lows in October 2023, and remains a relative laggard despite a strong long-term power demand story.
Get the full breakdown in today's report plus more great charts. ⬇️
thechartreport.com/09-24-26
Market internals continue to weaken, with the percentage of S&P 500 stocks trading above their 20-day moving average falling below 30% for the first time since the market came under pressure back in March.
Read the full note in today's Morning Print. 🌤️
thechartreport.com/TheMornin…
Today's Chart of the Day was shared by @robin_j_brooks
As yields continue to make new highs, the market is reassessing the path for monetary policy.
Get the full breakdown in today's report plus more great charts. ⬇️
thechartreport.com/09-23-26
The S&P Bank Index just lost a key polarity level and closed yesterday at new multi-month lows on a large bearish candle.
Read the full note in today's Morning Print. 🌤️
thechartreport.com/TheMornin…