April 22, 2021, 1:48 pm EDT Sharp Reversal Biden capital gain tax is on the table that caused a sharp reversal to the downside with -300 points drop as shown. Staying defense is the key for this envir...
April 20, 2021, 2:12 pm EDT Consumer Staples Clorox (CLX) When stock markets are getting to pullback mode after an extended rally, it does not mean there is no way to make profits out of it. The oppor...
April 20, 2021, 11:52 am EDT Sell-off Intensifies Selling power intensifies today with DJIA -300 points as of now. We can see from the chart of Dow Jones ETF (DIA) where the rising wedge pattern is ab...
April 19, 2021, 12:39 pm EDT Pullback time Pullback time arrives today after an extended rally since early March. All major indexes advanced about 10-12% in the past 5-6 weeks which were very strong b...
April 16, 2021, 2:25 pm EDT Material Rocks Alcoa (AA) and PPG Industries (PPG) are up about +9% after earning reports that represent the strength and demand for materials. We added AA into our portfol...
April 15, 2021, 2:24 pm EDT Emerging Leaders New leaders emerge up when the stock markets are making new highs almost daily basis. Many of them broke out to the top side from a base to reach 52 weeks ...
April 12, 2021, 1:33 pm EDT Rising Price and Falling Volume Rising price and falling volume is not a bullish pattern from a technical analysis point of view. Especially, it is highly suspicious at the...
April 8, 2021, 1:35 pm EDT Technology and Consumer Discretionary Rising Again Technology (FB, MSFT, GOOGL, AAPL) and consumer discretionary (ROST, ETSY, CZR) rise again recently. Usually, it means mar...