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Dave Chojnacki is the Chief Market Technician at Street One Financial.
He provides technical support for the Street One team and also develops individual analysis for Clients as requested.
The Technical portion of the daily can also be found on Seeking Alpha. Chojnacki has been quoted in a number of industry publications including the Reuters, ETF Trends, Minyanville, Yahoo Financial and Investors. In addition, Dave assists with desk trading when necessary. Prior to joining Street One, Dave designed and developed I/T Systems for the Insurance and Financial Industries.
NEW YORK, NEW YORK (November 7, 2016) The Wall Street Journal will keep subscribers informed on Election Night with live reports across all platforms highlighted by deep analysis, smart graphics and breaking news alerts.
During the session, it tied its previous intraday high of 5995. It also closed 3 points above its upper Bollinger Band® of 5985.
The DJIA moved above its 20D-SMA of 21900, and now has its eye set on its record closing high of 22118 set in early August. Futures are pointing higher in the premarket as well.
The event will take place at the AXA Auditorium in New York City.
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Meanwhile, the Dow Jones Industrial Average (DJIA) and S&P 500 (SPX) both posted moderate gainers on a pick-up in volume.
At the close, the DJIA was up 0.25%, the SPX gained 0.57%, and the NDX moving up 0.94%.
Breadth was decidedly positive, 3 to 1, on above average volume.