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Stocktwits Chart Art: May 08, 2024
The best charts and trade ideas from the day.
STOCKTWITS CHART ART: MAY 08, 2024
The Stocktwits Summary ๐
It was an uneventful day for the broad market indices with incredibly low volume across the board. Utilities were the best performing sector today with industrials and financials just behind.
Hereโs how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
---|---|---|
$SPY (+0.01%) | Bearish (31) | Normal (52) |
$QQQ (-0.06%) | Neutral (46) | Normal (52) |
$IWM (-0.58%) | Bearish (28) | Normal (49) |
$DIA (+0.45%) | Bullish (58) | 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 Stocktwitsโ top Trending symbols:
CHART OF THE DAY
To Fill or Not to Fill, that is THE Question ๐ค
It has been a complete sleeper of a session this week giving way to possible weakness emerging from tech. With gaps lower to fill and seeming lack of enthusiasm following big tech results, itโs starting to feel like the animal spirits may push us lower.
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![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/37352212-8497-481f-a8ae-1824b1ae24e9/fin-03.png?t=1708547635)