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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...
Stock Charts: Pullback Time (SPY)
August 17, 2022, 11:55 am EDT Pullback Time (SPY) After impressive +18% gains for the S&P 500 (SPY) in the past two months, the stock market pulled back today. Technically, it was blocked by its 2...
Watchlist: Technical Breakout from Gilead Sciences Inc (GILD)
Technical Breakout from Gilead Sciences Inc (GILD) Biotech Gilead Sciences Inc (GILD) is breaking out technically which made a six-month high today with a +5% gap-up. The press release of Gilead to A...
Economy: Improved Inflation Data
August 11, 2022, 12:34 am EDT Improved Inflation Data July Consumer Price Index (CPI) reduced to 8.5% where it was off from the peak of 9.1%. The stock market cheered with DJIA +1.45%, S&P 500 +1...
Stock Chart: Rebound Stalled and Key Support (SPY)
August 9, 2022, 9:22 am EDT Rebound Stalled and Key Support (SPY) Rebound stalled again which is similar to the pattern in June as shown for S&P 500 ETF (SPY). This rebound has been strong that c...
Economy: Resilient Jobs Report
August 5, 2022, 1:14 pm EDT Resilient Jobs Report A surprisingly strong July non-farm payroll shows that the US economy is more resilient than expected. Payrolls increased 528K which surpassed the es...
Stock Market Today: Another Bull Market?
August 3, 2022, 11:50 pm EDT Another Bull Market? It is hard to believe but the bull’s market came back to life for some areas like Nasdaq-100 (QQQ) +20% and consumer discretionary sector (XLY) +23% f...