Month: June 2020
Semiconductor, Software, Medical Equipment
June 30, 2020, 2:34 pm EDT Semiconductor, Software, Medical Equipment Although Dow Jones and S&P are relatively quiet today, technology in semiconductor and software and medical equipment industri...
Volume Tells All
June 30, 2020, 11:36 am EDT Volume Tells All Dow kept rebounding with another 100+ in the opening. But it fades away quickly. It is simply a rebound after the 06/11 gap-down. Using the DIA chart as a...
High Price Low Volume Rebound
June 29, 2020, 3:19 pm EDT High Price Low Volume Rebound High price (DJIA +400 points) move and low volume behavior (< 30-50% as shown) could confuse market participants on what markets intend to d...
COVID-19 Resurgences
June 27, 2020, 9:10 pm EDT COVID-19 Resurgences COVID-19 resurgences to new highs in both US and worldwide threaten stock markets with high volume sell-off friday 06/26 with DJIA drop more than -730 p...
Watch out breakdown and Full Scale Downtrend
June 26, 2020, 3:24 pm EDT Watch out breakdown and Full Scale Downtrend As DJIA slashed -770 points and keep making new intraday low, traders and investors should be ready for a major breakdown and fu...
Golden Portfolio
June 26, 2020, 12:00 pm EDT Golden Portfolio While DJIA is down about -550 points at this moment, our gold membership portfolio is up for most positions as shown. This is the time to test the strength...
Watch out S&P Key Support Level 3000
June 26, 2020, 10:48 am EDT Watch out S&P Key Support Level 3000 S&P is near the edge of key level 3000. It will become reversal follow-through for full scale downtrend when it happens. Watch ...
Survival Stocks
June 26, 2020, 10:34 am EDT Survival Stocks During tough economic periods, where are potential survival companies ? The answer is Dollar General (DG), Dollar Tree (DLTR) or Walmart (WMT). Logic is e...
Breakdown Alert
Breakdown Alert Dow Jones wiped out the entire rebound and down even more -400 points from the opening bell. Banks or financial sector (XLF) also retreated about -2.5% that yesterday became a one-d...