July 19, 2022, 6:20 pm EDT Reclaiming Bullish Bias for the Medium Trend The stock market rallied 2-3% today to claim its bullish bias for the medium trend (50-day moving average lines). Across-the-boa...
July 14, 2022, 9:32 am EDT Banker’s Nightmare JPMorgan Chase & co (JPM) began the earnings report with a wake-up call for the coming trouble for the banking industry. Its share price is already at...
July 13, 2022, 7:48 pm EDT What’s Next After Red Hot Inflation June Consumer Price Index (CPI) came out today with 9.1% and core CPI 5.9% which were both higher than expected at 8.8% and 5.7%. The sto...
June 30, 2022, 11:52 pm EDT Defense, the Best Offense Bears are in charge for the first half of 2022 that beat up the stock market for one of the worst performance Year-To-Date (YTD): Dow Jones: -15% ...
June 27, 2022, 11:06 am EDT Can the rebound become a rally? Last week stock market made a strong rebound between 5-7% gains for all major indexes that recovered about half of the loss since June 9, 20...
June 13, 2022, 11:11 am EDT Full-Scale Bear Market The full-scale bear market unofficially started today as we called it. Not only S&P 500 enter into the technical bear market zone with -20% down ...
Finally, the May Consumer Price Index (CPI) is out at an 8.6% pace which made another 41-year high record. This fatal and deadly number...
June 9, 2022, 3:12 pm EDT Be Alert After two weeks of consolidation, the stock market began to react to the coming Consumer Price Index data to be released tomorrow. Its response points to the downsid...
June 7, 2022, 10:30 am EDT Powerful Energy and Skyrocketing Oil Prices The energy sector (XLE) is powerful enough to make new highs continuously for 2022 with 62% YTD gains. Looking out the Exxon Mobi...