iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

A Weekly Look At The US Stock Market

Here is a weekly view of the Nasdaq Composite index, which created what looks like a “spinning top” candlestick. From Investopedia:

A spinning top is a type of candlestick formation where the real body is small despite a wide range of price movement throughout the trading day. This candle is often regarded as neutral and used to signal indecision about the future direction of the underlying asset.

2 Year Weekly chart $COMPQ:

Screen Shot 2016-08-19 at 6.49.19 PM__

Transportation takes the top spot with trucking & railroads taking the top spot week over week:

Screen Shot 2016-08-19 at 6.54.35 PM___

Looking inside Exodus, the following tickers saw the greatest jump in hybrid score this week:

Screen Shot 2016-08-19 at 6.56.11 PM__

For those new to the site and wondering what the hybrid score is, CLICK HERE.

Have a good weekend all.

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3 comments

  1. probucks

    PTX! Whoo hoo!

    Looks like I’ve got my money on the right chip

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  2. Horny Toad

    I heard Obama is coming down to visit! His reason before was he didn’t want to interfer with the recovery efforts. But now you’ve got his full attention!

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  3. Wisprjet

    Interesting that there are quite a few medical and biotech’s listed. I hope your brother is fairing well with the repairs on his house. Still a long way to go for many families.

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