September 12, 2023, 3:23 pm EDT Consolidation with Short-Term Weakness Disappointments from Oracle (ORCL) -13% and Apple (AAPL) -3% dragged Nasdaq -1% much lower than S&P 500 -0.6% and Dow Jones i...
August 17, 2023, 1:36 pm EDT Market Retreat with Emerging Industry The stock market kept retreating after reaching its peak about 3-4 weeks ago. Not only lost their short-term and medium-term trend li...
August 7, 2023, 9:40 pm EDT Pullback and Catch Up Nasdaq stocks were pulled back but Dow Jones stocks catch up with the rally. As pointed out in our 07/20 article, this situation continued to drive ...
July 18, 2023, 11:29 am EDT Dow Jones New High Dow Jones made a new 52-week high today with +1% gains or 350 points at this moment. Although it lagged S&P 500 and Nasdaq by a wide margin, it is s...
July 13, 2023, 11:25 am EDT Relief of Inflation Pressure The sharp retreat of inflation data both on consumer level CPI and wholesale level PPI injects fuel for the stock markets. All indexes are mak...
June 27, 2023, 7:24 pm EDT Leaders of the 52-week Highs The stock market kept its strong rally by gaining 1.6% in Nasdaq, 1.1% in S&P 500, and 0.6% in Dow Jones index. The featured table shows 10 ...
June 13, 2023, 11:22 am EDT Booming! Again? Mild inflation data Consumer Price Index (CPI) was released earlier today that injected another optimistic momentum for the stock market. It is a sign that...
June 2, 2023, 1:33 pm EDT Strong Job Report Non-farm payrolls in May surprised the market with a strong result. New jobs were added by 339K in May which exceeded the forecasted 190K number by a big ga...
May 4, 2023, 1:01 pm EDT Banks New Low After Fed Chairman Jerome Powell’s statement yesterday, banks tanked again. Technically, money center banks (C, BAC, WFC) were near their low points about a mont...