Month: June 2020
Turning Point
Opening DJIA +300 points faded away and turned to -130 points after three hours. Potential resurgences of COVD-19 could be the threat for the US economy after mass protest and street activities in the...
Market Review
June 18, 2020, 4:44 pm EDT Market Review It was a mixed day (DJIA -0.16%, S&P flat, Nasdaq +0.33%) with very low volume. Highlight points are: Technology stands out. Specifically, software perform...
Internet, Software and Semiconductor
June 17, 2020, 12:30 pm EDT Internet, Software and Semiconductor Internet (NFLX, ATVI, GOOGL, FB), software (ANSS, CDNS, SNPS, CRM, NOW, ADBE) and semiconductor (AMAT, LRCX, AVGO, SWKS) are showing br...
Retailers, Jobs and Fed Cheerleader
June 16, 2020, 8:40 pm EDT Retailers, Jobs and Fed Cheerleader Stock markets kept another strong finish with +526 points in DJIA and +2% gain for all major indexes. There are three factors that contri...
Battlefield Between Bulls and Bears
June 15, 2020, 6:08 pm EDT Battlefield Between Bulls and Bears Battlegrounds between bulls and bears were intensified as DJIA moved from more than-700 to up more than +200 and finished with +157 point...
Major Reversal Challenges 3-month Channel
June 14, 2020, 11:45 pm EDT Major Reversal Challenges 3-month Channel It is important to examine the DJIA chart carefully to see what happened on 06/11 Thursday 1800 points drop and 06/12 Friday near...
2020 Actual Trade CHWY +41% Profit
June 11, 2020, 9:01 pm EDT 2020 Actual Trade CHWY +41% Profit When pandemic came with pandemic status and shelter-at-home order, human being need to take care themself and their loved ones. Their love...
Gap down, Breakdown, Island Reversal
June 11, 2020, 6:16 pm EDT Gap down, Breakdown, Island Reversal Today is important because it marked the end of the rally since March to yesterday. All major indexes rallied 40-50% during the past 50+...
COVD-19 Coming Back
Worry about COVD-19 coming back causes stock markets to gap-down with DJIA about -1000 points. US just crossed 2 millions affected numbers as a sign that slowdown does not happen quick enough. Recentl...