BAC
Stock Market Today: Dow Jones New High
July 18, 2023, 11:29 am EDT Dow Jones New High Dow Jones made a new 52-week high today with +1% gains or 350 points at this moment. Although it lagged S&P 500 and Nasdaq by a wide margin, it is s...
Stock Market Today: Relief of Inflation Pressure
July 13, 2023, 11:25 am EDT Relief of Inflation Pressure The sharp retreat of inflation data both on consumer level CPI and wholesale level PPI injects fuel for the stock markets. All indexes are mak...
Stock Market Today: Banks New Low
May 4, 2023, 1:01 pm EDT Banks New Low After Fed Chairman Jerome Powell’s statement yesterday, banks tanked again. Technically, money center banks (C, BAC, WFC) were near their low points about a mont...
Industry: Investment Banks in Trouble
March 9, 2023, 12:04 pm EST Investment Banks in Trouble When the economic outlook is dismal, investment banks should suffer significantly. Their investment portfolio focuses on emerging regions like ...
Stock Market Today: Banker’s Nightmare
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...
Stock News: Russia Attacks Ukraine
February 24, 2022, 11:44 am EST Russia Attacks Ukraine Today’s focus of the world is on Kyiv, the capital of Ukraine with near 3 million people. Putin decided to launch the attack on Ukraine with full...
Stock Charts: Squeezed Between Short and Long Term Lines (SPY)
February 5, 2022, 8:08 pm EST Squeezed Between Short and Long Term Lines (SPY) The past 1-2 week was full of wild actions caused by earnings reports (AMZN, FB, GOOGL, NFLX) where major indexes settle...
Stock Market Today: New Highs and breakout on Energy, Financial, and industrial
New highs are for the new year come from three core sectors: energy, financial and industrial as sown on the Dow Jones index. Please check out the following...
Stock Market Today: Strong Beginning
January 3, 2022, 9:08 pm EST Strong Beginning The first trading day of 2022 turned out to be very strong and bullish: DJIA +0.7%, S&P 500 +0.6%, Nasdaq +1.2%.TSLA jumped with +13.,5% gains and AAP...