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Stocktwits Chart Art: October 23, 2024
The best charts and trade ideas from the day.
STOCKTWITS CHART ART: OCTOBER 23, 2024
The Stocktwits Summary 📝
It was a down day for the major indexes, with tech leading to the downside as rates rallied further. The only two sectors in the green today were real estate and utilities, signaling some caution as investors awaited Tesla’s earnings after the bell. Luckily, the electric vehicle maker beat estimates, which may help buoy stocks into tomorrow. 👀
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
---|---|---|
$SPY (-0.91%) | Bullish (55) | High (61) |
$QQQ (-1.53%) | Neutral (54) | High (61) |
$IWM (-0.91%) | Neutral (48) | High (56) |
$DIA (-0.97%) | Bearish (38) | High (58) |
*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
Under-The-Radar AI Plays Continue To Work 👀
While the major indexes continue to wobble, the artificial intelligence (AI) space continues to deliver the goods. But it’s not just the obvious stocks we all know.
Stocktwits user @ivanhoff pointed out Iron Mountain, an enterprise information management services company, hitting new all-time highs today in a tough tape. The Stocktwits community is seemingly expecting more upside ahead, with sentiment sitting firmly in ‘bullish’ territory. 💽
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