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Stocktwits Chart Art: July 05, 2024

The best charts and trade ideas from the day.

STOCKTWITS CHART ART: JULY 05, 2024
The Stocktwits Summary 📝

The U.S. large-cap indexes made new all-time highs as winners, well…kept winning. This time it was Meta making new all-time highs, with Costco, Walmart, and several others joining the party. 🥳

P.S. We’re considering moving this top section (or eliminating it entirely) to jump straight into the charts. Let me know your thoughts on this (and the newsletter in general). I’d love to hear from you! 📬

Here’s how the major indexes ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+0.58%)

Bullish (69)

High (57)

$QQQ (+1.04%)

Bullish (63)

High (61)

$IWM (-0.48%)

Extremely Bearish (18)

High (60)

$DIA (+0.22%)

Bullish (70)

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
America’s New Favorite CEO 🏄

Zuck is by far and away this year’s winner of 4th of July as his full-suit wakeboard clip goes mega viral throughout the week.

And it’s not just his public image equity that’s on the rise… $META broke out to new all time highs today after recovering from its last quarter’s earnings dip.

Stocktwits user @theEquilibrium highlights today’s move showcasing price breaking through previous resistance 👀

Taking a Swing on Cyber Security 🧑‍💻

Can Semi Stocks Get Even MORE Bullish?! 💪

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