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Home Builders Surge
July 22, 2020, 12:08 pm EDT (Featured picture is from Pulte Homes) Home Builders Surge Home builder industry jumped again as existing home sales surged 20.7% in June over May to a seasonally adjusted ...
US Dollar Dives Again
July 21, 2020, 2:55 pm EDT US Dollar Dives Again Whenever there is news of another round of stimulus, relief package or program, it means more dollars are to be printed and flow to capital markets. In...
Vaccines Are Coming
US Food And Drug Administration (FDA) gave Pfizer (PFE) +4% and BioNTech (BNTX) +12% a fast track approval status for their vaccines going through the process. It is a good news to fight another recor...
Consumer Staples for Defensive Action
July 7, 2020, 3:00 pm EDT Consumer Staples for Defensive Action Consumer staples sector belongs to the defensive sector for protection and diversification of portfolios. Although its performance may l...
4.8 Millions Jobs and 11.1% Unemployment Rates
July 2, 2020, 2:36 pm EDT 4.8 Millions Jobs and 11.1% Unemployment Rates These numbers, 4.8 Millions jobs and 11.1% unemployment Rates, in June 2020, are impressive according to the US Bureau of Labor...
COVID-19 Resurgences
June 27, 2020, 9:10 pm EDT COVID-19 Resurgences COVID-19 resurgences to new highs in both US and worldwide threaten stock markets with high volume sell-off friday 06/26 with DJIA drop more than -730 p...
Watch out breakdown and Full Scale Downtrend
June 26, 2020, 3:24 pm EDT Watch out breakdown and Full Scale Downtrend As DJIA slashed -770 points and keep making new intraday low, traders and investors should be ready for a major breakdown and fu...
Markets Struggle
June 25, 2020, 10:55 am EDT Markets Struggle Whenever there is a drop in the stock markets, there are two sources of power come in to save and boost the markets. There are government or policy makers...
Near New High on COVD-19
June 24, 2020, 10:43 am EDT Near New High on COVD-19 US daily COVD-19 cases increased sharply recently. It puts the chart near its record high area as shown. Not only is the US is getting trouble agai...