News in Brief Bloomberg: Politics is key to making money in China’s new era of low Growth. Stocks decline as data show a still-hot economy. MarketWatch: Facebook stocks fall as COO Sheryl Sandberg announces planned departure. Oil ends higher as Shanghai eases COVID-19 lockdowns. Asian markets slide amid COVID, rate-hike worries. Global markets are still […]
Engulfing Bear Candles Everywhere Read More »
News in Brief Bloomberg: Tesla’s loyal retail fan club set to rev up stock’s recovery. MarketWatch: Shanghai starts coming back to life as COVID lockdown eases. Australia’s economy grows strongly in Q1, but outlook appears bumpier. HP sales, earnings beat estimates despite ‘volatile macro environment’. Markets took a breather as they are in overbought territory.
Global Markets took a Breather Read More »
News in Brief Bloomberg: ‘Stocks trim gains as inflation concerns increase.’ MarketWatch: ‘EU leaders agree to partial embargo on Russian oil.’ U.S. Markets were closed for Memorial Day. Global Indexes CAC 40 As the U.S. Markets were closed, I show the CAC 40. This market also broke its negative trend line and 50 day moving
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News in Brief Bloomberg: ‘Stocks notch their best week since November 2020.’ MarketWatch: ‘Dow finally bounced – and what will it take to convince investors it’s for real?’ MarketWatch: ‘Markets reversed their losing streaks. The Fed might avoid inflicting more pain.’ Yahoo: ‘Cash is still trash – Billionaire Ray Dalio says keeping money in a
Best Week since November 2020 Read More »