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- Stocktwits Chart Art: July 18, 2024
Stocktwits Chart Art: July 18, 2024
The best charts and trade ideas from the day.
Tom Bruni
July 18, 2024
STOCKTWITS CHART ART: JULY 18, 2024
The Stocktwits Summary 📝
It was another bumpy day in markets with energy being the only sector closing in the green. We’ll be watching the reaction to Netflix’s earnings and see if that’s the catalyst investors have been waiting for to buy the recent dip in tech. 🌦️
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (-0.77%) | Bullish (67) | High (63) |
$QQQ (-0.47%) | Bearish (41) | High (67) |
$IWM (-1.94%) | Neutral (46) | High (56) |
$DIA (-1.26%) | Bullish (71) | High (72) |
*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
Seasonality Sends its Regards 🥶
For folks who’ve been around the block this recent market action should feel familiar.
Stocktwits member @Forklift5909 shares a beautiful look at how $VIX seasonality tends to start rising in July and settles in October, mirroring the recent peaks and troughs in the S&P 500’s price action last year.
Past results don’t guarantee future returns but it may be time to prepare for Winter weather this Summer.
Skys the Limit for Digital Gambling 😉
$VIX Throws Down a Yellow Card ⚠️
