Meta Platforms' (META) Strong Performance at a Glance (June 3rd, 2023)

 

Amazon (AMZN) is Ready to Clear the Hurdle (June 3rd, 2023)

 

Advanced Micro Devices (AMD) is Playing a Catch-Up Game (May 29th, 2023)

 

S&P500 Index (SPX) is About to Break Out (May 29th, 2023)

 

NASDAQ Index is About to Break Out (May 13th, 2023)

 

Revisit Nvidia (NVDA) as It Trades Higher (March 24th, 2023)

 

Nvidia (NVDA) is Turning Loose (February 23th, 2023)

 

Nvidia (NVDA) Quarterly Earnings Takes the Market Higher (February 23th, 2023)

 

US Semiconductor Stocks Out Perform NASDAQ in 2023 (February 16th, 2023)

 

Fibonacci Retracement Plays a Role in Tesla (TSLA) Drop (February 1st, 2023)

 

You May Wonder Why Your Heating Bill Haven't Gone Higher (January 30th, 2023)

 

Take a Long-Term View of NASDAQ Index (January 30th, 2023)

 

NASDAQ Index is Looking Up Lately (January 30th, 2023)

 

SP 500 Index (SPX) Weekly Chart (January 25th, 2023)

 

Take a Look at the Damage Done to SP500 Index (SPX) (January 25th, 2023)

 

NASDAQ Index Takes a Temporary Pause in An Up Trend (August 10th, 2022)

 

Natural Gas Is More Than Twice as Expensive In Five Months (May 24th, 2022)

 

Use Fibonacci Retracement to Gauge Huge Market Drops (May 20th, 2022)

After 5 1/2 months of market slide, investors are trying to find the bottom for this huge down leg.  Just like all past market drops, people always turn to Fibonacci Retracement for guidance.  Today, S&P 500 Index's daily low touched and overshot the 38.2% retracement level and bounded.  NASDAQ Index overshot the 50% retracement and closed in the 50% retracement area.   Since Fibonacci retracement levels traditionally serve as magnet for market bottoms, if prices don't hold in these areas respectively, it will be painful to count on the next Fibonacci level for support.    

S&P 500 Index daily chart  (May 20th, 2022)

NASDAQ Index daily chart  (May 20th, 2022)

Two Major Market Indices in Friday the 13th Afternoon (May 13th, 2022)

Today both the S&P 500 Index and NASDAQ Index closed the week with two consecutive up days.  While S&P 500 Index closed at 4023.89, up 93.81 points (+2.39%), NASDAQ Index closed at 11805, up 434.04 points (+3.82%).  

In our May 10th post, we drew the supports and resistances for the two indices.  Today, we revisit these price levels and see how these lines, which serve as guard rails, affected the price action.  Can these lows be the bottoms for the current down slide?  Time will tell.  It may not be a V-shaped bottom.  As for all major reversals, it is very possible for the indices to come again to retest these lows at least once before setting a trend to move higher. 

S&P 500 Index daily chart (May 13th, 2022)

NASDAQ Index daily chart (May 13th, 2022)

Understand Where We Are in a Bear Market (May 11th, 2022)

It has been awhile since we published our last posts on S&P 500 Index and NASDAQ Index.  While we all overwhelm by the continuous sizable market slides, today we take a peek at where things stand and where all these key supports and resistances are.  Whether the market goes up or down, it has to work through these price levels.

From a technical standpoint, the market is way oversold and a technical bounce is in order.  However, inflation and the War are still on the horizon.  These negative fundamentals will prevent the market from going higher.    

SPX daily chart (May 10th, 2022)

NASDAQ Index daily chart (May 10th, 2022)  

Natural Gas Producers are Shining Bright in a Down Market (May 4th, 2022)

Natural-gas drilling has rarely been so profitable.   US producers Antero Resources Corp (AR) and EQT Corp. (EQT) are few stocks that shine in a down market.

Antero Resources Corp (AR) daily chart  (May 3rd, 2022)

EQT Corp. (EQT) daily chart  (May 3rd, 2022)

                                                              * * * * * * * * * * *

Antero Resources Corp. (AR)  vs. EQT Corp. Comparison (AR)  (May 3rd, 2022)

Another Batch of Company Stocks that Suffer Huge Losses (May 2nd, 2022)

Here are some more stocks that are popular among investors.  All of these stocks suffer huge losses after four-month market melt-down.    All of these daily charts were taken after the market closed on May 2nd, 2022.

    COST daily chart (May 2nd, 2022)

  

    JPM daily chart (May 2nd, 2022)

    PYPL daily chart (May 2nd, 2022)

    SBUX daily chart (May 2nd, 2022)

    TGT daily chart (May 2nd, 2022)

For Natural Gas Price, Sky is the Limit (May 2nd, 2022)

 

The Sad Look of Some Well-Known Stocks (May 1st, 2022)

These stocks are popular among investors.   How many of us have a chance to take a look at their daily charts after four solid months of huge market price erosion.   Today, we take few well-known companies' daily charts to illustrate the damages that the market has done to these stocks.   It is still hard to predict the market's future when the investment environment is the least desirable for years or even decades.   There is one common characteristic among these charts: there are many overhead resistances and few supports.   In other words, it is much easier to go lower than to make some headway on the upside.    

    AMD daily chart (April 29th, 2022)

    AMZN daily chart (April 29th, 2022)

    FB daily chart (April 29th, 2022)

    MSFT daily chart (April 29th, 2022)

    NFLX daily chart (April 29th, 2022)

    NVDA daily chart (April 29th, 2022)

    TSLA daily chart (April 29th, 2022)

  

    TWTR daily chart (May 2nd, 2022)

NASDAQ's 382-Point Bounce From One Key Support (April 28th, 2022)

 

NASDAQ Index 5-Minute Chart Takes a Closer Look at Potential Bottom (April 25th, 2022)

 

NASDAQ Index is Officially in Bear Market Again (April 25th, 2022)

 

Wreckage of S&P 500 Index (SPX) After Two Days' Heavy Losses (April 23rd, 2022)

 

S&P 500 Index's Golden Cross Is Almost Here (April 19th, 2022)

 

Another Critical Juncture for NASDAQ Index (April 16th, 2022)

 

Natural Gas' Remarkable Price Surge (April 13th, 2022)

 

Stock Market Suffers Due to Rising Interest Rates (April 11th, 2022)

 

Advanced Micro Devices (AMD) Deserves a Closer Look (April 7th, 2022)

 

Does Strong Dollar Have Anything to Do With Multinationals' Bottom Line? (April 6th, 2022)