Stock Charts

Hey, it’s Ross Givens here with the Chart of the Day. Today’s chart shows how many times the S&P 500 has topped out each month since 1980. Remarkably, it has never topped out in June—not even once in 44 years. Of course, there’s a first time for everything, but I wouldn’t bet on the market topping out in June. And you probably shouldn’t either.

Hey, it’s Ross Givens here with the Chart of the Day. This chart shows how the S&P 500 has moved since November last year, with the percentage increases of each “mini uptrend” clearly marked. You’ll notice that most of these “mini uptrends” overlap due to minor pullbacks in between. This highlights two key points: pullbacks are inevitable even in strong uptrends, and the overall uptrend remains robust. Don’t let fear or bearish influences cause you to miss out. I explain more in the Insight of the Day.

Hey, it’s Ross Givens here with the Chart of the Day. This chart shows the S&P 500’s average 2-week return for the first and second halves of each month, using data from 1928 to today. It reveals a lot about seasonal patterns in the stock market, highlighting that the first two weeks of June and July are typically strong. Plus, with $6 trillion sitting in money market funds, there’s a “wall of money” ready to fuel explosive stock gains. Don’t waste this opportunity. I explain more in the Insight of the Day.

Hey, it’s Ross Givens here with the Chart of the Day. This chart shows how often the S&P 500 hits all-time highs each year, dating back to 1950. So far in 2024, the S&P 500 has hit new all-time highs 25 times – above average but not extreme. Other years have seen three times as many. Remember, there were zero all-time highs in 2023. The US stock market has consistently built wealth and it’s normal for it to hit new highs. Instead of worrying, focus on spotting opportunities. I explain more in the Insight of the Day.

Hey, it’s Ross Givens here with the Chart of the Day. This chart shows the correlation between the price of crude oil and the US 10-year Treasury yield. As the chart highlights, they’re strongly correlated. Right now, crude oil prices are dipping heavily, which suggests yields will follow. Since yields are inversely correlated to stocks, falling yields likely mean rising stocks. This is something we can definitely take advantage of. I explain how in the Insight of the Day.

Hey, it’s Ross Givens here with the Chart of the Day. This is the Invesco Solar ETF, tracking a basket of solar energy stocks. Since the end of April, it’s surged over 20%—outperforming the S&P 500 and the Nasdaq by a wide margin. I’m seeing similar strength in sectors like shipping. Yet, many still complain about market “weakness.” What’s really happening here? I explain in the Insight of the Day.

Hey, it’s Ross Givens here with the Chart of the Day. This is the S&P 500 closing above the March highs on Friday after dipping below it on Thursday. Had it closed further below, we’d be looking at a near failed breakout. Instead, the week ahead looks promising. The daily chart shows bulls stepping in during the last 30 minutes to push the market above those March highs. This last-minute surge proves the bulls are ready to jump back in with force—and that’s something we can take advantage of. I explain how in today’s Insight of the Day.

Hey, it’s Ross Givens here with the Chart of the Day. These are the latest results from the American Association of Individual Investors (AAII) weekly market sentiment survey. As of May 22, 47% of members were bullish—near last December’s one-year high. But by May 29, that number dropped to 39%. This sharp dip highlights how quickly market sentiment can shift. Worried about this sentiment drop just as the market rallies out of a pullback? Don’t be—I explain why in today’s Insight of the Day.

Hey, it’s Ross Givens here with the Chart of the Day. Introducing the often-overlooked Russell 3000 index, encompassing 3,000 major U.S. stocks and serving as a comprehensive gauge of the U.S. market. Notably, it recently surged to new all-time highs, reflecting the overall robustness of the market. With this positive momentum, there’s ample opportunity for savvy investors to capitalize on the market’s strength. Stay tuned to unlock its potential.

Hey, it’s Ross Givens here with the Chart of the Day. Introducing the often-overlooked Russell 3000 index, encompassing 3,000 major U.S. stocks and serving as a comprehensive gauge of the U.S. market. Notably, it recently surged to new all-time highs, reflecting the overall robustness of the market. With this positive momentum, there’s ample opportunity for savvy investors to capitalize on the market’s strength. Stay tuned to unlock its potential.