Month: November 2022
Stock Market Today: Bulls Need a Rest
November 15, 2022, 8:57 pm EST Bulls Need a Rest Bulls made a strong rally with DIA +18% gains in the past 23 trading sessions since 10/13/2022. Dovish viewpoints on inflation data seemed to provide a...
Commodity Market: Dollar and Commodity
November 14, 2022, 10:49 am EST Dollar and Commodity The US dollar and commodities have a relationship of inverse correlation. It means that they go in opposite directions in general. The reason is th...
Stock Market Today: Inflation Relief with Fallen Mortgage Rates
November 10, 2022, 4:30 pm EST Inflation Relief with Fallen Mortgage Rates It was one of the strongest single-day gains in two years for the stock market: DJIA:: +1201 points or 3.7% S&P 500: +207...
Industry: Emerging Leaders in BioTech and Pharmaceuticals
November 9, 2022, 11:42 am EST Emerging Leaders in BioTech and Pharmaceuticals When the Nasdaq index tanked with massive layoffs announced, there were still emerging leaders who appeared. Therefore, k...
Investment Lessons: Another Crypto Collapse (FTX Token)
November 8, 2022, 10:16 pm EST Another Crypto Collapse (FTX Token) Another cryptocurrency collapse today. This time FTX’s token drops about 75% from 22 to 5 dollars after Binance decided to acquire th...
Stock Market Today: Waiting for the US Election
November 7, 2022, 9:47 pm EST Waiting for the US Election Low volume on the day before US mid-term election discounted the 423 points gains in the Dow Jones index. Although S&P 500 and Nasdaq also...
Watchlist: Our Works Matter – BHP Group (BHP)
November 4, 2022, 4:54 pm EDT Our Works Matter – BHP Group (BHP) When the economy is weak, infrastructure projects are going to boom. The government would spend money on bridges, highways, and d...
Economy: Hiring Stayed Strong. Really?
November 4, 2022, 12:50 pm EDT Hiring Stayed Strong. Really? October non-farm payroll reported an increase of 261K jobs which is better than the forecasted 200K numbers. But, is this number really str...
Stock Charts: Rebound Failure and Potential New Lows For Nasdaq
November 3, 2022, 4:56 pm EDT Rebound Failure and Potential New Lows For Nasdaq Rebound is an effort to change the downward spiral. It is not easy as we thought. Because there is a downside momentum b...