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Stocktwits Chart Art: June 11, 2024
The best charts and trade ideas from the day.
Tom Bruni
June 11, 2024
STOCKTWITS CHART ART: JUNE 11, 2024
The Stocktwits Summary đź“ť
Today was all about Apple stock getting its groove back as it closed just shy of passing Microsoft in market cap. Besides tech (thanks to Apple), nearly every other sector closed in negative territory, with financials leading lower ahead of tomorrow’s inflation data and Fed meeting.
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (+0.24%) | Extremely Bearish (20) | High (55) |
$QQQ (+0.69%) | Neutral (45) | High (56) |
$IWM (-0.34%) | Neutral (50) | High (60) |
$DIA (-0.34%) | Bearish (43) | Normal (50) |
*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
Apple Gets Its Groove Back đź•şđź•ş
Apple impressed the Street yesterday with its “Apple Intelligence” rollout, finally throwing their hat in the ring with other big tech giants vying for AI dominance.
Time will tell how the integration — including a ChatGPT partnership — will shakeout but today’s move encouraged investors that they are on the right track.
Managing Risk Ahead of MAJOR Events ⚖️
Global Healthcare Bouncing off Supply Zone đź’Š
