Month: October 2022
Technical Analysis: Key Level 365 (SPY)
October 20, 2022, 10:37 pm EDT Key Level 365 (SPY) S&P 500 ETF (SPY) broke the 365 level about a month ago. Then, it swings in both directions for almost a month without progress. It is important ...
Economy: Housing Bubbles
October 19, 2022, 1:29 pm EDT Housing Bubbles Housing bubbles are ready to burst according to the performance of homebuilder stocks (XHB). If XHB falls below $54 and $52, it will make a new low for 2...
Watchlist: Submarine Power – General Dynamic Corp (GD)
Submarine Power – General Dynamic Corp (GD) General Dynamic Corp (GD) received more than a half billion contracts from US Navy as reported 10/06 533 million. There is no doubt that the US is get...
Watchlist: Top Guns
October 18, 2022, 6:20 pm EDT Top Guns The timing has arrived for the top guns to get ready for the defense industry today: Lockheed Martin Corp (LMT) +9% Northrop Grumman Corp (NOC) +7% L3Harris Tech...
Market Strategy: Watch Out for High Volatility
October 14, 2022, 2:43 pm EDT Watch Out for High Volatility Volatility indicates a surprising level. High volatility is not a good sign for market participants. Because it means that a trader is tryin...
Stock Market Today: Turbulent Turnaround
October 13, 2022, 10:47 pm EDT Turbulent Turnaround Consumer Price Index (CPI) released today caused a turbulent turnaround for the stock markets with about a 5% swing from a negative to a positive ar...
Economy: What Is the Inflation Condition?
October 12, 2022, 10:55 am EDT What Is the Inflation Condition? “What is the Inflation Condition?” The answer is bad. According to the Producer Price Index reported today, its 0.4% for September which...
Politics: Double Tenth Day
October 10, 2022, 9:31 pm EDT Double Tenth Day Today or 10-10 also means the double tenth day which is the national day of the Republic of China (currently Taiwan). This year marked the 111th year si...
Stock Market Today: Falling and Rising Stars
Falling and Rising Stars Today should be a day to easily spot the falling and rising stars at the same time when major indexes bloodshed after the September jobs report. Falling Stars: AMD, NVDA, TSL...