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Stocktwits Chart Art: September 26, 2024
The best charts and trade ideas from the day.
Tom Bruni
September 26, 2024
STOCKTWITS CHART ART: SEPTEMBER 26, 2024
The Stocktwits Summary 📝
U.S. stocks continued their series of record closes, with Mircon’s earnings propelling the semiconductor sector and China’s stimulus boosting equities around the globe. Many traders are identifying fresh breakouts and catch-up plays in sectors that have been rangebound amid the recent rally. 🤩
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (+0.40%) | Bearish (38) | High (55) |
$QQQ (+0.75%) | Bearish (27) | High (64) |
$IWM (+0.53%) | Bullish (57) | High (58) |
$DIA (+0.60%) | Bullish (72) | High (71) |
*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
Technology’s Rally Broadens Out To Software 👨💻
Stocks continue to trend higher globally, but within the U.S., traders are eying the software sector as the next potential AI beneficiary.
Stocktwits user @gpaisa shared a chart that suggests software sector ETF $IGV could finally break out above its 2021 highs, joining semiconductors as the only sub-industry group in tech to exceed those levels. 📈
Banking Technology Stock Sets Up Again 🏦
Nuclear Energy Stock Heats Up Again 🔥
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