Month: August 2022
Economy: Deteriorated Job Data
August 31, 2022, 4:33 pm EDT Deteriorated Job Data August private ADP payroll data showed a significant decline compared to June. It was only about half or 132K in August than a prior month 268K as sh...
Stock Market Today: Rebound Failure
August 30, 2022, 12:58 pm EDT Rebound Failure The technical rebound is officially over as all indexes gave up their last defense 50-day-moving-average line. This rebound failure is fatal to the stock ...
Watchlist: US Oil & Gas: Pioneer Natural Resource (PXD)
If you believe the US needs to explore and produce its own oil and natural gas, then Pioneer Natural Resource (PXD) will be a stock to consider...
Market Outlook: Bearish Outlook
Bearish Outlook Last Friday’s sell-off triggered by the statements from the Fed Chairman Jerome Powell indicated a very bearish outlook for the stock market. Economy In order to bring down inflation,...
Stock Charts: Trouble Time (SPY)
August 26, 2022, 2:52 pm EDT Trouble Time (SPY) Trouble time is coming to the stock markets. As shown in the featured chart of S&P500 ETF (SPY), key support level at 408 is being challenging and t...
Economy: Fed Hawkish View
August 26, 2022, 11:54 am EDT Fed Hawkish View Fed chairman Jerome Powell gave a hawkish statement after the Jackson Hole, Wyoming annual meeting. His determination to bring down the 40+ years inflati...
Commodity: The Resurgence of the Energy Sector
August 24, 2022, 12:26 am EDT The Resurgence of the Energy Sector Crude oil spikes up about 4% today. According to Reuters, OPEC may want to cut the supply so that the crude oil price can increase aga...
Currency: The Rise of the US Dollar. The Danger of the World
August 22, 2022, 1:51 pm EDT The Rise of the US Dollar. The Danger of the World The abnormal rise of the US dollar is a danger to the world. Both US and other dollar-dependent countries are going to b...
Stay Defense and Defensive
August 19, 2022, 4:13 pm EDT Stay Defense and Defensive The stock market has been strong during its rebound wave since June 20, 2022, for the past two months. This rebound effort carried about 20% gai...
- 1
- 2