Markets
Overall market condition including stock markets, commodity, global markets, bond, currency markets, etc.
Material Rising
August 5, 2020, 12:47 pm EDT Material Rising The Material sector XLB +1.8% leads DJIA with 300+ points gain as of now. FCX +9% and AA +6% (portfolio holding) are breaking out from a solid base. It loo...
Market Update: Breaking Out Here and There
August 4, 2020, 1:01 pm EDT Market Update: Breaking Out Here and There Although stock markets produce mixed performance (DJIA +0.3%, S&P 500 flat, Nasdaq -0.2%), some stocks and industries keep br...
Technology Resumes Its Rally
August 3, 2020, 11:49 am EDT Technology Resumes Its Rally Technology resumes its rally from MSFT, AAPL, TSLA, ZM with about 3-5% gains. Its action strengthens market bullish bias. Semiconductors also...
Market Review: Intraday Reversal to the Upside
July 31, 2020, 4:44 pm EDT Market Review: Intraday Reversal to the Upside It was another surprise that stock markets made an intraday reversal to the upside today. DJIA closed with +114 points higher ...
Tech Lost The Battle
July 31, 2020, 12:53 pm EDT Tech Lost The Battle Strong earning reports from AAPL +6%, AMZN +4%, FB +7% cannot change the fact that stock markets as a whole are breaking down: DJIA -1%, S&P -0.7%,...
Tough Battle Between GDP and Tech
July 30, 2020, 11:21 am EDT Tough Battle Between GDP and Tech US Q2 GDP hit a record low of -32.9% that dragged entire stock markets with DJIA near -500 points. Now, it comes back to -300 points to 26...
Switch to Defensive Gear
Nasdaq -1.27%, DJIA -0.77% S&P 500 -0.65% were the scorecard today. Previous tech mega leaders weakened again (AAPL, MSFT, GOOGL, AMZN, TSLA) that showed mode switched from offensive to defensive.
Falling Dollar and Rising Commodity
July 27, 2020, 11:46 am EDT Falling Dollar and Rising Commodity While the US dollar keeps plunging to new local low, commodity prices are rising steadfastly across various materials. Precious Metal: ...
Technology 4-Month Uptrend Breakdown
July 24, 2020, 9:54 am EDT Technology 4-Month Uptrend Breakdown Following AAPL, AMZN, MSFT breakdown, Intel (INTC) -17%, TSLA -10% gave up their uptrend potential and joined mega technology to go down...