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Stocktwits Chart Art: July 09, 2024
The best charts and trade ideas from the day.
Tom Bruni
July 09, 2024
STOCKTWITS CHART ART: JULY 09, 2024
The Stocktwits Summary š
The S&P 500 closed at records highs as the āAI revolutionā continues to unfold. Financials led the market today ahead of Friday, which will be the start of this quarterās earning season featuring the big bank reports.š¦
P.S. Thank you for all the feedback over the last week. To our surprise, about half of you enjoy this opening section of Chart Art so weāre going to keep it in. And if youād rather skip right to the charts weād encourage you to continue doing so! š
Hereās how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (+0.10%) | Extremely Bearish (32) | High (61) |
$QQQ (+0.09%) | Neutral (52) | High (66) |
$IWM (-0.43%) | Bearish (32) | High (61) |
$DIA (-0.13%) | Bullish (56) | High (55) |
*The ST Sentiment Score & Message Volume scales range from 0 to 100 (extremely bearish to extremely bullish). More info here.
And here were Stocktwitsā top Trending symbols:
CHART OF THE DAY
Banks Flex Muscles Before Earnings Season šŖ
Goldman broke out to new highs today as financials led the market higher. The sector will be on watch throughout the week as big banks gear up to kick off earnings this Friday.
Stocktwits member @Gpaisa shared a look that indicates while the trend is still higher ā the path for bulls may not be as smooth as they would likeā¦
Semi Stocks Show No Signs of Slowing šŖ
Digital Banks on a Breakout Watch ā
