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...
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 ...
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...
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...
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...
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 +...
November 10, 2020, 10:41 am EST Sector Rotation Sector rotation took place the second day where technology is out of favor and industrial becomes demanded as shown in the following sector charts. Aer...
July 10, 2020, 2:13 pm EDT Stock Markets Cheer Again on COVID-19 News Promising news from Gilead (GILD +2%) and BioNTech (BNTX +5%) gave stock markets another reason to cheer up with COVID-19 virus wh...
Best performing sectors today and this week are financial and industrial. As we all know that these two sectors are core sectors to both index and economy. Money center banks, BAC, C, WFC and investme...