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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: Earnings and Direction
January 17, 2023, 9:29 pm EST Earnings and Direction The direction of a stock is determined by its earnings. We can see this theory clearly from two investment banks: Goldman Sachs Groups (GS) -6% and...
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...
Terminology: Dead Cat Bounce
May 17, 2022, 10:42 am EDT Dead Cat Bounce The best phrase to describe today’s opening with +300 points gains in Dow Jones is “Dead Cat Bounce”. Here is the Wikipedia definition: In finance, a dead ca...
Stock Market Today: A Shining Bank in the Tough Time
January 14, 2022, 10:39 am EST A Shining Bank in the Tough Time Wells Fargo (WFC) jumped another +4% today after the earnings report. WFC made a strong gain on the first trading day of 2022 so it got ...
Stock Market Today: Core Power Strengthen
October 15, 2021, 12:13 pm EDT Core Power Strengthen Core power here does not refer to Yoga or exercise for your middle section of the body. It is about the core sectors of the stock markets: financia...
Stock Market Today: Strong July Job Report
August 6, 2021, 1:38 pm EDT Strong July Job Report The US Bureau of Labor Statistics reported strong July non-farm payrolls of 943K jobs and 5.4% unemployment rates this morning. Leisure and hospitali...
Stock Market Today: Investment Bankers Breaking Out
July 12, 2021, 2:02 pm EDT Investment Bankers Breaking Out Investment bankers are breaking out and running strong: TROW +3%, BLK +2%, GS, +3%, MS +3%, JPM +2%. Other financial stocks are also performi...
Stock Market Today: Hard Rock Material
December 1, 2020, 11:55 am EST Hard Rock Material Overall, stock markets are solid and strong as breakout appears in many sectors. Material keeps its strong performance like aluminum AA +9%, steel X +...
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