Markets
Overall market condition including stock markets, commodity, global markets, bond, currency markets, etc.
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...
Technology Drops Further
July 23, 2020, 1:32 pm EDT Technology Drops Further Technology keeps falling down further as pointed out last week’s article regarding sector rotation. Both AAPL and AMZN are down -4% that may b...
Consequences of Falling US Dollar
July 21, 2020, 9:59 am EDT Consequences of Falling US Dollar Another round of money printing or called Coronavirus relief plan, is on the table to be discussed and approved by the end of July by the U...
Weekly Review: Tight Consolidation with Sector Rotation
July 18, 2020, 7:27 pm EDT Weekly Review: Tight Consolidation with Sector Rotation Stock markets kept a narrow range for the third day (07/15-17) after a strong day (07/13). Thus, it was a strong week...
Tech Lost Leadership
July 15, 2020, 12:18 pm EDT Tech Lost Leadership Technology lost its leadership since 07/13 as shown in the picture that compares Dow Jones ETF (DIA), S&P500 ETF (SPY) with Nasdaq-100 ETF (QQQ). O...
Stock Markets Cheer Again on COVID-19 News
July 10, 2020, 2:13 pm EDT Stock Markets Cheer Again on COVID-19 News Promising news from Gilead (GILD +2%) and BioNTech (BNTX +5%) gave stock markets another reason to cheer up with COVID-19 virus wh...
Another Powerful Push
July 6, 2020, 7:57 pm EDT Another Powerful Push Stock markets made another powerful push with DJIA +460 points and about 1.8-2.2% advances for all major indexes with Nasdaq a new record high again. C...
Vaccine Hopeful
July 1, 2020, 10:41 am EDT Vaccine Hopeful Pfizer (PFE), Amgen (AMGN), BioNTech (BNTX) are parts of hopeful vaccine providers with +4% gains today. Positive news on testing results boosted their stock...
Semiconductor, Software, Medical Equipment
June 30, 2020, 2:34 pm EDT Semiconductor, Software, Medical Equipment Although Dow Jones and S&P are relatively quiet today, technology in semiconductor and software and medical equipment industri...