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Stocktwits Chart Art: November 07, 2024

The best charts and trade ideas from the day.

STOCKTWITS CHART ART: NOVEMBER 7, 2024
The Stocktwits Summary ๐Ÿ“

After a yuge (insert Trump voice) day in the market yesterday, we saw another day of record highs after reassurance from Powell during the Fed Meeting Today! The Mag 7 Hit $17 trillion, Bitcoin continues to trend, and $SMCI even put up a +12% day! ๐Ÿ‘€

Hereโ€™s how the major indexes ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+0.77%)

Bearish (29)

High (64)

$QQQ (+1.57%)

Neutral (53)

High (64)

$IWM (-0.35%)

Bullish(69)

High (69)

$DIA (+0.04%)

Bearish (43)

High (76)

*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
$MSTR May Be The Cleanest Trading Vehicle of The Year ๐Ÿค” 

Once again, MicroStrategy is unstoppable, steamrolling anyone going against the trendโ€”even with its premium to Bitcoin being completely out of whack!

Stocktwits user @Dr_Stoxx is long and strong once again. Why fight the trend when you can just join it?

Garmin Breaks Out Of Recent Base, Building on Momentum ๐Ÿ“ˆ 

Biggest Volume Day In HISTORY For IonQ ๐Ÿ”Š

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