Today’s Chart of the Day was shared on Twitter by Charlie Bilello (@charliebilello). In white is the S&P 500, in purple is the Dow Jones Industrial Average, in pink is the Nasdaq Composite, and in red is the Wilshire 5000. Charlie points out that investors have a reason to be thankful this year with all four of these major US indices closing at all-time highs before tomorrow's holiday. To be fair, one major US index that didn't make this list is the Russell 2000. The index is still about 6% below its all-time high; however, the index saw an important breakout this week from key resistance. Keep in mind, hitting all-time highs is the single most bullish thing a stock or index can do.
Chart of the Day - Wednesday, November 27th, 2019
November 27, 2019
