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Stocktwits Chart Art: November 22, 2024
The best charts and trade ideas from the day.
Kyle Vallans
November 22, 2024
STOCKTWITS CHART ART: NOVEMBER 22, 2024
The Stocktwits Summary 📝
Stocks ended the week on a strong note, with the Russell and Dow extending their rallies, while weakness in tech caused the Nasdaq to underperform. Bitcoin notched its fourth consecutive record high, fueling speculation about a potential climb to $100K. Gold posted its best week since early 2023 and oil rebounded on concerns over potential missile strikes. Meanwhile, quantum computing stocks gained traction as investor interest surged. 👀
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (+0.30%) | Neutral (49) | Normal (50) |
$QQQ (+0.16%) | Bearish (38) | Normal (51) |
$IWM (+1.83%) | Bullish (69) | Normal (48) |
$DIA (+0.95%) | Bullish (65) | Normal (45) |
*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
Quantum Computing Small Caps Take Off 🖥️
Quantum computing stocks like QUBT are surging after Amazon Web Services announced Quantum Embark, a new program designed to accelerate customer readiness for the quantum era.
Stocktwits user @DekmarTrades highlights $QUBT and other quantum computing small-cap stocks like $QBTS on his handle, showcasing names that are beginning to gain significant traction and momentum.
Virgin Galactic Gains Traction 🚀
Volume Spike Drives $REAL Higher 👜
