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Stocktwits Chart Art: December 06, 2024
The best charts and trade ideas from the day.
Kyle Vallans
December 06, 2024
STOCKTWITS CHART ART: DECEMBER 06, 2024
The Stocktwits Summary 📝
Amazon and Meta are making new all-time highs, while Tesla is approaching its own 2021 peak after a monster tear. The market remains mixed at the index level, but certain pockets of tech continue to absolutely crush it. Overall, it was another positive week for risk-takers who are spending the weekend counting their gains. 🤑
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (+0.19%) | Bearish (34) | High (57) |
$QQQ (+0.89%) | Bullish (55) | High (60) |
$IWM (+0.36%) | Bullish (69) | High (59) |
$DIA (-0.34%) | Neutral (48) | High (58) |
*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
Bitcoin Mining ETF Breaks To New All-Time Highs ⛏️
With crypto pushing back towards its highs, traders and investors continue to find new ways to make bullish bets on the industry. Stocktiwts user @EingeLTrade pointed out the Bitcoin miner ETF $WGMI making its own new all-time highs.
The stocks included in this index, such as IREN Limited, Core Scientific, Cipher Mining, and others, will likely be on radars until year-end and into 2025. 👀
Microsoft Makes Some Upward Progress 📈
An Interesting Setup In AIG 🏦
