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Stocktwits Chart Art: January 08, 2025
The best charts and trade ideas from the day.
STOCKTWITS CHART ART: JANUARY 08, 2025
The Stocktwits Summary 📝
Good evening! Quantum computing stocks plunged over 30% after NVIDIA’s CEO said practical use is still decades away. Treasury yields hit 5% on 20-year notes for the first time since 2023, while Fed minutes flagged concerns over uncertainty from President-elect Trump’s policies, hinting at slower rate cuts.
Here’s how the major indices ended the day:
Index | ST Sentiment Score | ST Message Volume |
---|---|---|
$SPY (+0.15%) | Bearish (40) | High (67) |
$QQQ (+0.02%) | Bullish (65) | High (65) |
$IWM (-0.45%) | Neutral (49) | High (61) |
$DIA (+0.19%) | Bullish (57) | High (57) |
*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
Nasdaq Rebounding Off Key Support
With the Nasdaq back in its trading range, the 50-day moving average has become a key level to watch. Stocktwits user @HCPG highlights its importance as the market tests this level once again.
PRESENTED BY STOCKTWITS
Mastering Risk Management With @alphatrends 👀
Pro trader and Stocktwits user Brian Shannon is back for another power hour, focusing on managing risk in this choppy market environment. He analyzes several key indices and high-beta stocks using the anchored VWAP and outlines levels of interest, how he manages trades, common pitfalls in “buying the dip,” and more!