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- Stocktwits Chart Art: July 11, 2024
Stocktwits Chart Art: July 11, 2024
The best charts and trade ideas from the day.
Tom Bruni
July 11, 2024
STOCKTWITS CHART ART: JULY 11, 2024
The Stocktwits Summary 📝
The theme of the day can be summed up in one word: ROTATION. Specifically, rotation out of tech and into small caps as the Nas closed the day down 2% while the Russel was up 3. Everybody is now watching this trend and seeing how it plays out tomorrow.🤔
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 (-0.86%) | Bearish (25) | High (70) |
$QQQ (-2.19%) | Bearish (32) | Extremely High (73) |
$IWM (+3.59%) | Extremely Bullish (95) | Extremely High (71) |
$DIA (+0.09%) | Bearish (41) | High (63) |
*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
If it Aint Broke BTFD in it 😉
Markets rotated out of tech and into small caps today, well… so what?
Stocktwits member @DJRick has got some bad news for bears who think this market is going to keep big tech down for long.
Energy Player $AMRC on Watch ⌚
Can You $SPOT the Trend? 📉
