Month: September 2020
Stock Chart: Final Struggle and Breakdown Alert
Nasdaq does not have much buffer for defense on previous low. Once it breaks down on 10847, the next downside target is 9500. This is a serious breakdown alert.
Stock Today: Get Ready to Fly and Fight
September 16, 2020, 12:57 pm EDT (Feature image is from Raytheon F-35) Get Ready to Fly and Fight COVID-19 marked the beginning of potential World War III as a biological weapons that China launch aga...
Stock Chart: SideWay Consolidation
September 15, 2020, 4:00 pm EDT SideWay Consolidation After high volume reversal and low volume rebound, stock markets are going sideway consolidation. Using Nasdaq100 QQQ, we can see the range for up...
Stock Market News: US-China Relationship
September 14, 2020, 2:18 pm EDT US-China Relationship Terry Branstad is stepping down as U.S. ambassador to China. This is a very important milestone between the US and China relationship for the past...
Stock Market Today: Tech Down, Material and Industrial Up
September 11, 2020, 11:33 am EDT Tech Down, Material and Industrial Up While technology stocks like Apple Inc (AAPL) keep going down, material and industrial stocks are getting upside power. MOS, DOW,...
Stock Market Today: Weak Rebound But Consumers Keep Up
September 10, 2020, 2:07 pm EDT Weak Rebound But Consumers Keep Up Today is the second day of the rebound wave after a sharp 3-day selling. But gains evaporate quickly so all indexes turn red color. ...
Stock Market Today: Pay Attention to Volume
September 9, 2020, 12:44 pm EDT Pay Attention to Volume Without any special news, stock markets rebound and up +560 points or +2% in DJIA. Almost all mega technology stocks are up: ZM +11%, NVDA +7%, ...
Stock Market Today: Bubbles Burst
September 8, 2020, 9:55 am EDT Bubbles Burst Tesla (TSLA) tumbled -18% as a sign of bubbles burst. Although this is just the beginning of the trend breaks, heavy volume may indicate much severe long-l...