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...
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...
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...
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...
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 ...
January 12, 2022, 3:04 pm EST Wild Bulls Wild bulls continued to show less predictable patterns since the beginning of 2022. Generally speaking, it is not a bullish signal. On the one hand, Inflatio...
January 6, 2022, 1:27 pm EST Higher Rates Means Higher Margin – Wells Fargo & Company (WFC) The higher rates era is coming in 2022 confirmed by the decade’s high inflation rates and Fed Cha...
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...
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...