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Industries: Breakdown and New Lows in Three Industries
June 29, 2022, 11:49 am EDT Breakdown and New Lows in Three Industries There are many breakdowns and new lows in the first half of 2022. But, we focus on three industries that represent the big troubl...
Current Events: Energy and Wars
June 28, 2022, 11:43 am EDT Energy and Wars There is a strong correlation between energy prices and wars. The most obvious example is the recent war between Russia and Ukraine. The war pushed up crude...
Economy: Recession Possibility
June 22, 2022, 11:04 pm EDT Recession Possibility “Recession possibility” is the price to quench inflation as Fed chairman Jerome Powell mentioned today. In fact, we think the recession is not a possi...
Market Behavior: Bear Market Rally
June 21, 2022, 11:58 am EDT Bear Market Rally A bear market rally or bear market rebound occurs after the sell-off in a major downtrend. A short-term rally is formed by short-cover, small traders buyi...
Strategy: Rebound or Breakdown?
June 18, 2022, 12:24 pm EDT Rebound or Breakdown? Rebound or breakdown? Perhaps, many people would like to know the answer to this question. On the one hand, a 10-12% drop in the past 8 sessions for a...
Economy: Fed Wanted to Catch Up
June 15, 2022, 4:50 pm EDT Fed Wanted to Catch Up Fed wanted to catch up with the pace of inflation so it added 75 basis points or 0.75 percentage points of the Fed Fund Rate to a 1.5-1.75% level. Obv...
Sector: Hammered on both Offensive and Defensive Sectors
June 14, 2022, 1:43 pm EDT Hammered on both Offensive and Defensive Sectors It is unusual to see the stock market hammers both offensive and defensive sectors. Offensive sectors and industries are mos...
Cryptocurrency: Virtual Currency Becomes Virtual Reality
June 12, 2022, 7:57 pm EDT Virtual Currency Becomes Virtual Reality Once popular cryptocurrency quickly becomes an underdog currency. Bitcoin crashed down from about 68000 value six months ago (Novemb...
Strategy: Waiting for the Opportunity: Gold Miners (GDX)
June 12, 2022, 11:50 am EDT Waiting for the Opportunity: Gold Miners (GDX) While inflation is at a 40-year high, the stock markets and virtual markets (cryptocurrency) keep digging for the new lows, i...