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Stocktwits Chart Art: October 11, 2024

The best charts and trade ideas from the day.

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STOCKTWITS CHART ART: OCTOBER 11, 2024
The Stocktwits Summary 📝

Big bank earnings helped the market break out to new all-time highs, with small-caps catching a strong bid, too. Traders continue to target setups across sectors, eying earnings as potential catalysts for big moves. 👀

Here’s how the major indexes ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+0.60%)

Bearish (43)

Normal (53)

$QQQ (+0.16%)

Bullish (63)

Normal (53)

$IWM (+2.03%)

Neutral (51)

High (57)

$DIA (+0.96%)

Bearish (44)

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
Bank Earnings Drive A Financial Sector Breakout 📈

Financial stocks have had a solid run so far this year, with today’s bank earnings setting the stage for further gains.

Stocktwits user @crosshairtrader pointed to $XLF breaking out to fresh all-time highs after JPMorgan and several others reported today. They’re betting on next week’s earnings to propel the sector even higher. 💰

Engineering & Construction Stock Sets Up 🏗️

BlackRock Breaks Out After Earnings Beat 💵

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