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Stocktwits Chart Art: June 26, 2024

The best charts and trade ideas from the day.

STOCKTWITS CHART ART: JUNE 26, 2024
The Stocktwits Summary 📝

Big tech continues to break records, with Amazon joining the $2 trillion club and keeping the broader market indexes buoyed. Elsewhere, transportation stocks are catching a bid on the back of FedEx’s upbeat outlook. 👍

Here’s how the major indexes ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+0.13%)

Bearish (41)

Normal (53)

$QQQ (+0.21%)

Bearish (44)

Normal (50)

$IWM (-0.26%)

Bullish (60)

Normal (48)

$DIA (+0.06%)

Extremely Bearish (20)

High (55)

*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
Mama Says 5th Times a Charm 🍀

The Summer has been hot for markets so far as breakouts ripple throughout the tech sector.

As Stocktwits user @DJRick pointed out, bulls hope that the positive momentum carries over to the rest of the index as the $SPY begins to test its uptrend, facing fresh PCE data that will drop on Friday. 😬

The $SNOWball is Gathering Momentum ☃️

$TSLA’s Latest Breakout Level in Play ⚡️

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