Month: March 2020
Fed Actions Did Not Help Stock Markets
03/16 Yesterday Fed aggressive 1% interest cut down to 0% – 0.25% and 700 QE program did not help stock markets at all. Instead of boosting up its price, stock markets tank again with about -7% ...
Oversold Rebound Arrived
03/13 Stock markets made oversold rebound today with more than 1500 points in Dow Jones index during last 30 minutes before closing bell. Dow scored +1985 points gain which is the largest one in Dow h...
Another Low Volume Oversold Rebound
03/13 S&P has another low volume oversold rebound. Downside target is 2350.
Record Sell-Off Since 1987
03/12 Corona virus brings disaster to the world. European countries lost double digits (DAX -12%, FTSE -11%, CAC -1%). US all major indexes also plummeted about -10%. All one year gains are gone as sh...
Bloodshed
03/12 Bloodshed on stock markets. DJIA and Nasdaq are near support / rebound level but markets keep falling.
Global Trouble
03/12 Corona virus hits almost all major economic countries in the world with exception. From China, South Korea, Japan, to Iran, Italy, German, France, UK, and USA, there are no safe places now. Ever...
Watch out Wild Trading
03/11 Tomorrow (03/12) may become one of the most memorable trading day with gap-down, circuit breaker, and maybe same day reversal. Friday (03/13) and next Monday (03/16) may be similar. 7300 and 618...
Stock Markets Keep Falling From Corona Virus Outbreak
03/11 Stock markets keep falling in sharp decline since 02/21 due to corona virus outbreak. Today is another -5% drop from all major indexes. Similar crash occurred in October 19, 19871 where DJIA los...
Moderna – MRNA
03/11 Moderna (MRNA) is a 8 billion bio tech company that has development of transformative medicines based on messenger ribonucleic acid (mRNA). Comparing to traditional DNA-based drug development, m...