Month: June 2021
Stock Chart: Technical Damage (DIA)
June 18, 2021, 9:54 am EDT Technical Damage Dow Jones lost another -400 points this morning that caused severe technical damage to its chart as shown (ETF: DIA). Roundtop shape broke its 3-month key s...
Stock Market Today: Rising US Dollar
June 17, 2021, 12:02 pm EDT Rising US Dollar US dollar (ETF: UUP) jumped up +7% today after yesterday’s Fed meeting. The Fed chairman, Jerome Powell, acknowledged inflation arrived, though it might be...
Stock Market Today: Negative Reaction from Fed’s Meeting
June 16, 2021, 2:31 pm EDT Negative Reaction from Fed’s Meeting Stock market reaction is in red for most stocks after the Fed’s meeting. DJIA is down about -300 at this moment. Only JP Morgan (JPM) an...
Stock Chart: Uptrend with Weak Volume
June 15, 2021, 10:47 am EDT Uptrend with Weak Volume Uptrend makes people excited. But volume tells you the power behind the rally. Volume represents transactions on a given day. Only big players or i...
Stock Market Today: Grinding on Top
June 14, 2021, 10:26 am EDT Grinding on Top All indexes stay near the top of the record high for the past 1-2 months. But, traders and investors may feel like a grinding process instead of excitements...
Stock News: Inflation Era Coming
June 10, 2021, 1:30 pm EDT Inflation Era Coming It is not easy to know how hard to deal with the inflation era because we were not there during 1929-30. Maybe some of us went through 1980 who may know...
Stock Market Today: Play, Shake, and Cake
June 8, 2021, 5:49 pm EDT Play, Shake, and Cake Play, Shak, and Cake outline the best-performing industry today for such a flat market. Dave & Buster’s Entertainment, Inc. (PLAY) +10%, Shak...
Stock Market Today: Real Estate Investment Trust Stands Out
June 7, 2021, 2:49 pm EDT Real Estate Investment Trust Stands Out Real Estate Investment Trust or REIT is ready to stand out from the crowd. REIT sector (ETF: XLRE) is the only sector with day, week, ...