Stocktwits Chart Art: December 16, 2024
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STOCKTWITS CHART ART: DECEMBER 16, 2024
The Stocktwits Summary 📝
The market started the final full week of 2024 on a mixed note. The Nasdaq reached a record high, fueled by strong performance from Tesla (+6%) and Broadcom (+11%). Meanwhile, the Dow slipped into negative territory as healthcare stocks fell sharply following Donald Trump’s pledge to crack down on industry middlemen.
Here’s how the major indices ended the day:
|
Index |
ST Sentiment Score |
ST Message Volume |
|---|---|---|
|
$SPY (+0.42%) |
Bearish (39) |
Normal (54) |
|
$QQQ (+1.45%) |
Bullish (57) |
High (65) |
|
$IWM (+0.61%) |
Bullish (60) |
Normal (53) |
|
$DIA (-0.22%) |
Bullish (74) |
High (60) |
*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
MicroStrategy Breaks Through Recent Consolidation 🚀
MicroStrategy shares surged to $448 in overnight trading on Sunday after news of the company’s inclusion in the Nasdaq 100. However, a late-day sell-off left the stock closing unchanged by the end of the session.
@Professor, a longtime Stocktwits user, highlighted the higher time-frame wedge breakout on the chart.
What’s next for this Bitcoin-focused holding company?
Walmart Breakout On Deck 📊
Chewy Climbs Toward Heavy Resistance 🧗
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Etsy Holding Strong Above Key Level 📈
Set Your Alerts For $30 On Marathon Digital 🚨
Quantum Computing Stocks Outpace The Market 💻
Quantum Corp Eyes Symmetrical Triangle Breakout 👀
Nvidia Pulls Back – A Launchpad For 2025? 🕰️
Red Cat Gains Altitude With Massive Move 🚁
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Written by Kyle Vallans. Send me your feedback by replying directly to this email. 📧
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Author Disclosure: The author of this newsletter holds positions in $MSTR and $MSTZ. 📋
