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Strategy: Do Not Chase the Red-Hot (XOM)
April 20, 2024, 11:33 am EDT Do Not Chase the Red-Hot (XOM) It has been a couple weeks after the stock market reached the all time highs around April 1, 2024. But, many market participants smelled the...
Stock Market Today: Breakdown and Follow-Through
April 16, 2024, 2:45 pm EDT Breakdown and Follow-Through The stock market had a hard time recovering from the beginning of April. All major indexes, Dow Jones, S&P 500, Nasdaq, lost their technica...
Opinion: Collapse of Two More Pillars
March 5, 2024, 10:50 am EST Collapse of Two More Pillars The breakdown of two meta technology corporations Apple (AAPL) -3% and Google (GOOGL) -2% served as a warning signal for the coming storm. As m...
Stock Market Today: Consolidation with Short-Term Weakness
September 12, 2023, 3:23 pm EDT Consolidation with Short-Term Weakness Disappointments from Oracle (ORCL) -13% and Apple (AAPL) -3% dragged Nasdaq -1% much lower than S&P 500 -0.6% and Dow Jones i...
Global Events: Confrontation
September 7, 2023, 3:37 pm EDT Confrontation The confrontation between the US and China is getting more intense in 2023. Although US officers kept visiting China in the past few months (Secretary of S...
Stock Market Today: Pullback and Catch Up
August 7, 2023, 9:40 pm EDT Pullback and Catch Up Nasdaq stocks were pulled back but Dow Jones stocks catch up with the rally. As pointed out in our 07/20 article, this situation continued to drive ...
Outlook: Halftime Report of 2023
June 30, 2023, 9:16 pm EDT Halftime Report of 2023 What a marvelous finish to the first half of 2023 in the stock market. The strong performance was made under the wars, inflation, and COVID-19 recove...
Market Summary: Are Bulls Back?
January 28, 2023, 10:52 am EST Are Bulls Back? Are bulls back? This is the subject of this article. Since January 2023 is near the end with two trading days remaining next week, it is important to ans...
Stock Market Today: Tough Time For Tech, Good Time For Material
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...