Month: July 2022
Global Affairs: Dragon and Eagle Battlefield
July 29, 2022, 5:09 pm EDT Dragon and Eagle Battlefield The China red dragon and US eagle battlefield are about to intensify at the military level. After Xi and Biden’s conference yesterday, Xi...
Economy: Recession or Not Recession, That’s the Question
Recession or Not Recession, That’s the Question Does it matter if we call it a recession or not? That’s a good question. Though there is no global consensus on the definition of a recession, two cons...
Stock Market Today: Rally Boosted By Fed and Technology
July 27, 2022, 8:47 pm EDT Rally Boosted By Fed and Technology It is another surprising rally today: DJIA +1.37%, S&P 500 +2.62%, Nasdaq +4.06. This rally came as a result of the Fed meeting and e...
Stock Market Today: Calm Market and Nervous Retailers
July 26, 2022, 12:12 am EDT Calm Market and Nervous Retailers The calm market today cannot hide the nervous retailers. Aftermarket Walmart (WMT) gave earning warnings that caused a major breakout in t...
Earnings: Earnings Response
July 22, 2022, 11:47 am EDT Earnings Response Earnings are a crucial factor to determine the direction of a stock. If a company can make 25% above growth on both revenue and earnings, then its stock p...
Stock Market Today: Another Strong Day for Nasdaq
July 20, 2022, 11:38 pm EDT Another Strong Day for Nasdaq Today is another strong day for Nasdaq which scored +1.58% gains which beat Dow Jones +0.15% and S&P 500 +0.59% easily. Familiar mega cap...
Stock Market Today: Reclaiming Bullish Bias for the Medium Trend
July 19, 2022, 6:20 pm EDT Reclaiming Bullish Bias for the Medium Trend The stock market rallied 2-3% today to claim its bullish bias for the medium trend (50-day moving average lines). Across-the-boa...
Stock Charts: Short-term Rebound and Major Obstacles
July 18, 2022, 1:45 pm EDT Short-term Rebound and Major Obstacles Dow Jones rebounded last Friday but it encountered two significant obstacles ahead: 32000: gap-down zone resistance created by 07/10 3...
Stock Market Today: Banker’s Nightmare
July 14, 2022, 9:32 am EDT Banker’s Nightmare JPMorgan Chase & co (JPM) began the earnings report with a wake-up call for the coming trouble for the banking industry. Its share price is already at...