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Stocktwits Chart Art: December 10, 2024
The best charts and trade ideas from the day.
STOCKTWITS CHART ART: DECEMBER 10, 2024
The Stocktwits Summary 📝
Markets were mixed today, with stocks showing indecisiveness as all major indices briefly turned positive before ending in the red. Gold edged higher ahead of tomorrow's pivotal CPI report. Meanwhile, Oracle's shares slid 6.5% following slightly underwhelming earnings.
Here’s how the major indices ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (-0.30%) | Bearish (27) | Normal (54) |
$QQQ (-0.35%) | Bullish (58) | High (55) |
$IWM (-0.40%) | Neutral (52) | High (57) |
$DIA (-0.33%) | Bearish (44) | 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
NVIDIA Bearish Break Confirmed 🛑
Stocktwits user @Thelonius_Stonk highlights a clean trend line break on NVIDIA, suggesting potential downside pressure on the stock and the broader sector. This coincides with China’s State Administration launching an antitrust probe into NVIDIA on December 9, 2024, over alleged anti-monopoly violations
REITs Losing Ground 📉
Zoom Struggles At Local Highs ⚠️
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