Month: February 2020
DOW Doji Reversal Pattern
02/07 Finally, long-waiting Doji Reversal candlestick pattern appears on DJIA after extended, low volume rally. Erratic, wild actions in the past few weeks created more confusions for market participa...
Watch out Sell-off Today
Watch out stock markets today as selling wave intensified.
Offensive Down. Defensive Up
Sector charts show only defensive sectors, utility and REIT, barely survive today selling.
China Virus Hurts Consumer Discretionary Sector
China coronavirus threat begins to become major threat to global economy. Especially, it is visible through S&P500 consumer discretionary sector map shown above. Restaurants (MCD, YUM), coffee (SB...
Nasdaq Climax Run
Nasdaq climbed near 2000 points in about 4 month period. Recent gap-down was reversed with gap-up (island reversal) to run another record high today. Tesla, Apple, Microsoft, Amazon remind us about ye...