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Stocktwits Chart Art: November 15, 2024
The best charts and trade ideas from the day.
Kyle Vallans
November 15, 2024
STOCKTWITS CHART ART: NOVEMBER 15, 2024
The Stocktwits Summary 📝
Stocks dropped sharply as traders reconsidered the Federal Reserve's actions, with the VIX ending the day up 12% and the Nasdaq erasing the majority of gains made since Trump was elected. Risk aversion continues to take over, leading to significant losses across major indices. 👀
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (-1.28%) | Bullish (61) | High (59) |
$QQQ (-2.38%) | Bullish (70) | High (61) |
$IWM (-1.48%) | Bullish (56) | High (58) |
$DIA (-0.66%) | Bearish (43) | High (56) |
*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
$SPY Testing Support - Watching For A Bounce 📈
Stocktwits user @TheProphetOfProfit highlights that $SPY is testing support at October highs, suggesting a potential bounce if this level can hold. A break below could indicate further downside, but for now, it’s just managing to hang on.
Gap Filled And Basing: Will Bulls Step Back In? 🔄
NVIDIA Earnings Watch - High Expectations For Q3 🔥
NVIDIA DAY COUNTDOWN
Your Chance To Win Exclusive Nvidia Merch 🤩
Think you know Nvidia stock better than the 546,846 other people following it on Stocktwits? Now’s the perfect chance to flex your muscles. 💪
Use our “Price Prediction” tool to forecast its Thursday opening price. The first person to predict it correctly will win exclusive, limited-edition $NVDA merch worth $120. And bragging rights, of course. 😉
Source: Stocktwits.com
And be sure to follow @Stocktwits on the platform and our socials (X, Instagram, YouTube) so you don’t miss out on all the Nvidia action before they report after the bell on Wednesday! 🚨