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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...
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 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: 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...
Sector Rotation
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...
Sector Strength
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...