Stocktwits Chart Art: December 30, 2024
Presented by
STOCKTWITS CHART ART: DECEMBER 30, 2024
The Stocktwits Summary 📝
All major indices closed in the red as the year winds down, leaving slim hopes for a last-minute “Santa rally.” MicroStrategy slid more than 8% alongside Bitcoin’s drop, while Boeing shares fell after a tragic plane crash in South Korea. On the upside, natural gas surged 15% on forecasts of a colder-than-expected start to the new year along the East Coast.
Here’s how the major indices ended the day:
|
Index |
ST Sentiment Score |
ST Message Volume |
|---|---|---|
|
$SPY (-1.13%) |
Bullish (68) |
High (58) |
|
$QQQ (-1.34%) |
Bullish (55) |
Normal (54) |
|
$IWM (-0.77%) |
Bullish (72) |
Normal (52) |
|
$DIA (-0.98%) |
Bullish (64) |
Normal (53) |
*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
Wedge Tightening For Bitcoin ETF 🚀
Bitcoin’s pullback to just over $91,000 has sparked the formation of a higher time frame wedge pattern in Bitcoin-related stocks and ETFs.
Stocktwits user @Dr_Stoxx suggests that as the dollar continues to weaken, a breakout in the Bitcoin Trust ETF could be on the horizon.
Nat Gas Surges As Cold Front Approaches ❄️
AST SpaceMobile Breaks Back Inside The Wedge 📈
SPONSORED
Step Up Your Stock Research with MarketSurge! 🕵️
Not getting enough from free charts and websites? MarketSurge is the only platform that puts pro-level tools and research in the hands of individual traders like you. Power your portfolio today with a 6-week trial for just $49.95.
*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.
Decade-Long Support Keeps Starbucks On Track ☕️
Boeing Defies Sentiment ✈️
PRESENTED BY STOCKTWITS
Daily Rip Live: The Busted Santa Claus Rally 🪨
Daily Rip Live hosts Shay Boloor and Jordan Lee discuss the holiday market woes, caution around Tesla’s recent rally, Google’s eroding search monopoly, sector rotation, and stock-specific opportunities heading into 2025. 🤩
Bullish Momentum Building For Mobileye 🏁
Credit Card Defaults Surge +50% Year Over Year 💳
Get In Touch 📬
Follow our social channels for great, real-time content on Stocktwits and Twitter. And check out our YouTube channel for in-depth video content! 📲
Written by Kyle Vallans. Send me your feedback by replying directly to this email. 📧
Want to sponsor this newsletter and reach thousands of chart enthusiasts? Reach us here. 👍
Terms & Conditions 📝
Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍
Author Disclosure: The author of this newsletter does not hold positions in any of the securities or assets mentioned. 📋
