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- Stocktwits Chart Art: July 10, 2024
Stocktwits Chart Art: July 10, 2024
The best charts and trade ideas from the day.
STOCKTWITS CHART ART: JULY 10, 2024
The Stocktwits Summary 📝
It was an explosive ‘gap & go’ trend day for the indexes as buyers shrug off any fear about the CPI tomorrow. Good luck to all the degens holding calls into the morning. 🫡
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
---|---|---|
$SPY (+0.99%) | Neutral (49) | High (62) |
$QQQ (+1.04%) | Bearish (39) | High (64) |
$IWM (+0.98%) | Neutral (53) | High (60) |
$DIA (+1.10%) | 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
The Proof is in the Pudding 📈
Stocktwits member @eabeyta7 shared this incredible chart before today’s open providing the evidence, in the form of earnings momentum, that this market isn’t as fake as bears want it to be.
This will be the trend to watch as we head into earnings season this quarter… and that’s assuming the market doesn’t collapse tomorrow following new CPI data. 😜