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- Stocktwits Chart Art: July 25, 2024
Stocktwits Chart Art: July 25, 2024
The best charts and trade ideas from the day.
Tom Bruni
July 25, 2024
STOCKTWITS CHART ART: JULY 25, 2024
The Stocktwits Summary 📝
It was another topsy-turvy day in the markets, with big tech continuing to break down while industrials, energy, asset managers, and other cyclical industries saw continued strength. Traders expect additional volatility with U.S. inflation data and consumer sentiment on deck tomorrow. 🫨
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (-0.52%) | Bullish (65) | High (67) |
$QQQ (-1.10%) | Bullish (62) | High (70) |
$IWM (+1.25%) | Bullish (62) | Normal (54) |
$DIA (+0.21%) | Neutral (49) | High (59) |
*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
Refiner Still Has Gas In Tank Despite Market Selloff ⛽
While part of the market melts down, dragging the large-cap indexes, earnings are still creating opportunities in many individual names. 💡
Stocktwits user @Honeystocks pointed to refining company Valero Energy finding support at its prior breakout level after its earnings/revenues fell YoY but still beat estimates.
This reignited momentum in the name and will likely put it on traders’ radars for the days and weeks ahead. 👀
If You Can’t Beat The House, Buy It 💰
Pay Attention To Things Making New Highs $NOW 🤩
