Month: November 2023
Stock Charts: Record Highs Phenomenon
November 29, 2023, 10:53 am EST Record Highs Phenomenon While major indexes are making or approaching the record highs region since about a month ago, it would be important to examine the charts in or...
Opinion: Dual Tracks of Bulls and Bears
November 21, 2023, 10:26 am EST Dual Tracks of Bulls and Bears It could be very confusing as both tracks of bulls and bears are presented in our eyes. As Nasdaq-100 made a new historical high with 45%...
Industry: Retailer Cheers
November 15, 2023, 10:26 am EST Retailer Cheers One industry cheers when inflation is cool. It is the retailer. Retailer ETF (XRT) is up significantly again +3% in addition to yesterday’s gain after ...
EconomyL Inflation Cool
November 14, 2023, 10:25 am EST Inflation Cool Inflation cooled down significantly from the peak 9.1% to 3.2% (June – October 2023) according to the Consumer Price Index report released today. ...
Politics: APEC 2023 San Francisco
November 13, 2023, 9:30 pm EST APEC 2023 San Francisco While the stock markets are in low volume for the past two weeks on the rebound, the next major event could be the coming Asia-Pacific Economic C...
Stock Market Today: Getting Back the Reality
November 9, 2023, 3:07 pm EST Getting Back the Reality Last 8 sessions the stock market rallied 5-7% for the major indexes which scored the best performance within two years. The reason behind the ral...
Economy: Fed Fund Rates
November 2, 2023, 12:05 pm EDT Fed Fund Rates Federal Reserve Chairman Jerome Powell mentioned that the fed fund rates (FEDFUNDS) stayed the same to 5.25-5.50% range yesterday. Although it was expect...