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Stock Market Today: Keep Running
June 25, 2021, 10:50 am EDT Keep Running Nike (NKE) +14% runs fast today after a strong earnings report. NKE is a typical post-COVID-19 or economic recovery stock in which an optimistic outlook is yet...
Stock Market Today: Breaking Out with Low Volume
June 24, 2021, 1:35 pm EDT Breaking Out with Low Volume Nasdaq is breaking out to 14350 or +0.53% for a new record high now. S&P is also making a new high. Dow Jones index is a little bit behind b...
Stock Market Today: Autoshow Day
June 23, 2021, 8:09 pm EDT Autoshow Day Today is a quiet day with low movement and volume. But, we can consider today is an Autoshow day because car makers turned on their engine. Led by electric gia...
Stock Picks: Let’s Cowboys Kick – Boot Barn Holdings, Inc (BOOT)
June 22, 2021, 4:39 pm EDT Let’s Cowboys Kick – Boot Barn Holdings, Inc (BOOT) Economic recovery will bring the consumer to get back into spending mode after being constrained by the COVID-19 f...
Stock Market Today: Strong Rebound from the Core Sectors
June 21, 2021, 2:23 pm EDT Strong Rebound from the Core Sectors It is a surprisingly strong rebound for DJIA with +550 points that recovered last Friday’s drop. Core sectors, Energy, Material, Financi...
Stock Chart: Technical Damage (DIA)
June 18, 2021, 9:54 am EDT Technical Damage Dow Jones lost another -400 points this morning that caused severe technical damage to its chart as shown (ETF: DIA). Roundtop shape broke its 3-month key s...
Stock Market Today: Rising US Dollar
June 17, 2021, 12:02 pm EDT Rising US Dollar US dollar (ETF: UUP) jumped up +7% today after yesterday’s Fed meeting. The Fed chairman, Jerome Powell, acknowledged inflation arrived, though it might be...
Stock Market Today: Negative Reaction from Fed’s Meeting
June 16, 2021, 2:31 pm EDT Negative Reaction from Fed’s Meeting Stock market reaction is in red for most stocks after the Fed’s meeting. DJIA is down about -300 at this moment. Only JP Morgan (JPM) an...
Stock Chart: Uptrend with Weak Volume
June 15, 2021, 10:47 am EDT Uptrend with Weak Volume Uptrend makes people excited. But volume tells you the power behind the rally. Volume represents transactions on a given day. Only big players or i...