February 1, 2023, 7:14 pm EST Offensive Swing Today the stock market made a wild swing as a reaction to Fed’s meeting with another 0.25% rate hike. The Fed fund rate reached 4.5% – 4.75% as the ...
January 25, 2023, 9:09 pm EST Sharp Turnaround The stock market made a sharp turnaround today with about 400 points down and up. It finished with near a flat or +9 points but the journey was wild. Th...
January 24, 2023, 8:52 pm EST A Dull Day It is a dull day with mixed performance among major indexes. Offensive sectors (left columns) were flat and defensive sectors (right columns) are up which spel...
January 17, 2023, 9:29 pm EST Earnings and Direction The direction of a stock is determined by its earnings. We can see this theory clearly from two investment banks: Goldman Sachs Groups (GS) -6% and...
January 9, 2023, 6:10 pm EST Up and Down Without Progress Dow Jones index continued last Friday’s momentum of 700 points gain at the opening bell to add up another 300 points during the intraday tradi...
December 29, 2022, 10:14 pm EST Last Trading Days for 2022 This week is the last trading week of the year 2022. There is no change in the market direction regardless of today’s advance and yeste...
December 27, 2022, 9:52 pm EST Tough Time For Tech, Good Time For Material Technology-focused index Nasdaq went through a tough time today with -1.4% loss. Popular names suffered a significant drop or...
December 22, 2022, 11:41 pm EST Nightmare for Automakers The holiday season may benefit retailers like Nike (NKE) gains of +12% yesterday. But, it is definitely a nightmare for automakers today: TSLA ...
December 15, 2022, 5:28 pm EST High Volume Distribution It was a day of high volume distribution for the stock markets with 2-3% down for all major indexes. The response after yesterday’s rate hike b...