Month: August 2020
Stock Market News: Tension between US and China
August 7, 2020, 2:26 pm EDT Tension between US and China Tension between the US and China rises quickly like banning action on TikTok and WeChat, which are popular apps made in China. Facebook (FB) ge...
Stock Market Today: Communication, Internet, Gaming Dominate the Markets
Communication service sector (XLC) +2.6% drives stock markets with another breakout as follow-through uptrend actions. Inside communication services, we can see FB, GOOGL, TWTR, ATVI, DIS lead this se...
Material Rising
August 5, 2020, 12:47 pm EDT Material Rising The Material sector XLB +1.8% leads DJIA with 300+ points gain as of now. FCX +9% and AA +6% (portfolio holding) are breaking out from a solid base. It loo...
Market Update: Breaking Out Here and There
August 4, 2020, 1:01 pm EDT Market Update: Breaking Out Here and There Although stock markets produce mixed performance (DJIA +0.3%, S&P 500 flat, Nasdaq -0.2%), some stocks and industries keep br...
Technology Resumes Its Rally
August 3, 2020, 11:49 am EDT Technology Resumes Its Rally Technology resumes its rally from MSFT, AAPL, TSLA, ZM with about 3-5% gains. Its action strengthens market bullish bias. Semiconductors also...