Month: May 2020
Dow Jones Breaking Out
05/26 Technically, the Dow Jones index is breaking out with a strong gap-up today to a new high after the Feb-March drop. Although volume is always mild or low throughout the entire rebound process, b...
Financial and Industrial Gap-Up
Financial (XLF +4.2%) and industrial (XLI +3.7%) gap-up and took leadership again in DJIA +610 points or +2.5% gain as of now. GS and RTX are examples with +6% advances. Obviously, core sectors l...
QQQ Stays Strong
It is hard to believe but QQQ rallied near 40% in about two months. Overbought condition needs to be resolved with certain pullback but it does not happen yet. So, let's stay bullish unless lower bou...
Transdigm Group Inc (TDG) Took Off the Ground
05/21 Transdigm Group Inc (TDG) is ready to fly by taking off from ground level. Defense industry is coming together to echo confrontation between US and China after trade war and virus dispute. Thus,...
Consumer Discretionary Sector Welcomes Re-Opening
05/21 Optimistic future expectation on US re-opening boosts demand on consumer sector again today Clothing (LB, GPS, TJX, ROST), Cruise (NCLH, RCL), Mall (KSS) took leadership on intra-day performance...
KEYS Provides keys for US manufacture
05/20 When manufactures are coming back from China to US in the coming months and years, more demand on measurement equipment and devices are keys to design, test, and build products. Keysight Technol...
Nasdaq and Nasdaq100 Leadership
05/20 This strong wave of rebound rally is led by Nasdaq index and Nasdaq 100 (QQQ) group. Nasdaq is much stronger than Dow Jones and S&500 and are within about 5% from record high area Nasd...
Another Strong Finish Across All Sectors
Global stock markets joined US Dow Jones more than 900+ points gain rally again. Optimistic expectation based on positive testing result from Moderna vaccine injects hope for quick reopening of econom...
Moderna Made Headlight News Again
05/18 Moderna Inc (MRNA), leading vaccine maker for corona virus, announced positive result for the first stage trial. Its stock jumped +25% accordingly. Its success is not only for this company to ma...