September 6, 2022, 12:44 pm EDT The Shutdown of Nord Strom 1 Pipeline The shutdown of the Nord Strom 1 Pipeline from Russia to German and European countries is another factor for the fragile stock ma...
September 1, 2022, 2:04 pm EDT Chips Cracked and China Wrecked Computer chips company suffered badly today on the top worst-performing list of Nasdaq-100: Chips Design: NVDA, AMD Chips Software: SNPS ...
August 30, 2022, 12:58 pm EDT Rebound Failure The technical rebound is officially over as all indexes gave up their last defense 50-day-moving-average line. This rebound failure is fatal to the stock ...
Bearish Outlook Last Friday’s sell-off triggered by the statements from the Fed Chairman Jerome Powell indicated a very bearish outlook for the stock market. Economy In order to bring down inflation,...
August 19, 2022, 4:13 pm EDT Stay Defense and Defensive The stock market has been strong during its rebound wave since June 20, 2022, for the past two months. This rebound effort carried about 20% gai...
August 3, 2022, 11:50 pm EDT Another Bull Market? It is hard to believe but the bull’s market came back to life for some areas like Nasdaq-100 (QQQ) +20% and consumer discretionary sector (XLY) +23% f...
July 27, 2022, 8:47 pm EDT Rally Boosted By Fed and Technology It is another surprising rally today: DJIA +1.37%, S&P 500 +2.62%, Nasdaq +4.06. This rally came as a result of the Fed meeting and e...
July 26, 2022, 12:12 am EDT Calm Market and Nervous Retailers The calm market today cannot hide the nervous retailers. Aftermarket Walmart (WMT) gave earning warnings that caused a major breakout in t...
July 20, 2022, 11:38 pm EDT Another Strong Day for Nasdaq Today is another strong day for Nasdaq which scored +1.58% gains which beat Dow Jones +0.15% and S&P 500 +0.59% easily. Familiar mega cap...