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Stocktwits Chart Art: December 06, 2024

STOCKTWITS CHART ART: DECEMBER 06, 2024
The Stocktwits Summary 📝

Amazon and Meta are making new all-time highs, while Tesla is approaching its own 2021 peak after a monster tear. The market remains mixed at the index level, but certain pockets of tech continue to absolutely crush it. Overall, it was another positive week for risk-takers who are spending the weekend counting their gains. 🤑 

Here’s how the major indexes ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+0.19%)

Bearish (34)

High (57)

$QQQ (+0.89%)

Bullish (55)

High (60)

$IWM (+0.36%)

Bullish (69)

High (59)

$DIA (-0.34%)

Neutral (48)

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
Bitcoin Mining ETF Breaks To New All-Time Highs ⛏️ 

With crypto pushing back towards its highs, traders and investors continue to find new ways to make bullish bets on the industry. Stocktiwts user @EingeLTrade pointed out the Bitcoin miner ETF $WGMI making its own new all-time highs.

The stocks included in this index, such as IREN Limited, Core Scientific, Cipher Mining, and others, will likely be on radars until year-end and into 2025. 👀 

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Written by Kyle Vallans. Send me your feedback by replying directly to this email. 📧

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