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- Stocktwits Chart Art: August 15, 2024
Stocktwits Chart Art: August 15, 2024
The best charts and trade ideas from the day.
Tom Bruni
August 15, 2024
STOCKTWITS CHART ART: AUGUST 15, 2024
The Stocktwits Summary 📝
Strong retail sales numbers and jobless claims paired with Walmart’s earnings beat helped give the market some pep in its step. Today’s move finally pushed Stocktwits sentiment for the major indexes back into ‘bullish’ territory after staying neutral to bearish for much of the last week. 🐂
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (+1.71%) | Bullish (55) | High (55) |
$QQQ (+2.53%) | Bullish (58) | Normal (54) |
$IWM (+2.59%) | Bullish (59) | Normal (50) |
$DIA (+1.45%) | Extremely Bullish (76) | Normal (51) |
*The ST Sentiment Score & Message Volume scales range from 0 to 100 (extremely bearish to extremely bullish). More info here.
And here were Stocktwits’ top Trending symbols:
CHART OF THE DAY
Workday Jumps As Software Strength Spreads 🧑💻
With the market’s strength spreading today, the tech theme of the week has been software stocks playing catchup.
Stocktwits user @Dr_Stoxx pointed out a trend reversal in Workday as traders continue looking for new opportunities in the space. 🧐
AMD Finally Makes A Decisive Move 📈
Cannabis Stocks Catch Buyers’ Eyes 🥦
