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Wednesday was supposed to be a rock ’em, sock ’em big day on the markets, but once all the dust settled, the Dow Industrials closed up six – – count ’em – – six points. That’s only six points larger than it changes on a Saturday.
In any case, let’s stroll through some ETFs. As always, click on any image for a much bigger version. I’ve tried to order and group these in a sensible fashion, and instead of interspersing paragraph text, I’m captioning each chart.
A month ago, I did a bullish post on Bitcoin (you read those two words right – – bullish and bitcoin) when it was about $3800. It’s up about 40% in just a month’s time, and I maintain that getting to $6,000 is the logical stopping point.
I’ll level with ya; this is one of those days when I’m absolutely struggling to come up with anything to write about. So I’ll just throw out there a chart I find mildly interesting, which is Honeywell.
OK, it’s a pretty dull day (the S&P is up one-fifth of a single percentage point), so while we await the Fed minutes, here are a few dazzling long patterns.
I don’t make a habit of watching Cramer (by which I mean, over the course of my entire life, I’ve probably watched fewer than 5 minutes of the clown). But here’s this gem from a week ago:
