Day: March 5, 2020
Nasdaq Stands Near Cliff
03/05 Nasdaq is at short-term cliff where next sell-off may come soon if this level is broken (8700-8750).
Time to Say Goodbye 200 DMA
03/05 S&P500 200 DMA is at great risk of breakdown. Yesterday high price gain accompanied with low volume which set tones for potential failure on rebound effort. Once its 200 DMA is broken, S&...
Airliners, Cruises, and Hotels Suffer
03/05 Corona virus keeps getting widespread with rising death numbers worldwide. Following three industries suffer significantly on top of worst performance lists: Airliners: AAL, UAL, ALK Cruises: RC...
Across the Board Rebound
03/04 Across the board rally with DJIA +1173 points were the second thousands points day after big drop last week. Yesterday, Fed lowered interest rate by 0.5% is one factor. The other factor is 8.3 b...