Market Reviews

Bloomberg: Nasdaq win streak is fueled by tech losers turning into winners Twitter shares sink after Musk says he’s ending acquisition bid MarketWatch: Strong labor market a bulwark against recession as U.S. creates greater-than-forecast 372,000 jobs ‘Everybody thinks we’re in a recession, except the labor market’: Economists don’t see signs of downturn in jobs data […]

Bloomberg: Bulls place market bets on economic path needing so much to go right Oppenheimer strategist dials back his S&P 500 call, Wall Street’s most bullish MarketWatch: One of Wall Street’s biggest bulls lowers S&P 500 target – still sees 25% upside by year end S&P 500, Nasdaq book longest win streak since March as

Bloomberg: Liquidity-sapped stock market keeps flipping in your lunch break Betting against tech is finally a winning trade as short sellers sit on $20 billion profit MarketWatch: A rally in growth stocks could signal ‘peak’ Fed hawkishness has passed. Wall Street profit expectations for megabanks cooled slightly ahead of earnings despite deep freeze in stocks

Bloomberg: Big Tech’s bounceback is a glimmer of hope after steep selloff S&P 500 tumbles as renewed recession fears rattle Wall Street MarketWatch: The U.S. won’t officially be in recession if GDP shrinks again U.S. stocks close mostly higher after staging a sharp intraday rebound It was quite a volatile day in the U.S. It

Bloomberg: European stocks rise as traders weigh valuations against risks Stocks in India set to rebound after 3-month drop, history says MarketWatch: How long will stocks stay in a bear market? It hinges on if a recession hits, says Wells Fargo institute U.K. stocks rise for first time in three days Ray Dalio attacks U.S.

Bloomberg: Goldman strategists warn risk of stock selloff is still high Historic rout in emerging markets sows seeds of outperformance MarketWatch: Forget the 1970s – this market is drawing comparisons to the 1870s Recession fears are slamming the stock market Mark Zuckerberg issues dire economic warning to Facebook and other meta employees yahoo! finance: Stocks

Bloomberg: Stock doomsayers vindicated in historic first half Investors lose $1.8 trillion with consumer stocks mired in record rout China’s world-beating stock rally is forecast to strengthen more MarketWatch: The Dow just booked its worst first half since 1962 S&P 500 closes lower for fourth straight session as stocks cement worst first half since 1970

Bloomberg: Stocks fluctuate after China data; Dollar declines Hong Kong’s top stock-trading is quietly unwinding MarketWatch: First Wall Street bank to call a U.S. recession now sees chance that inflation fails to decelerate China’s manufacturing, services activity return to expansion in June We are still experiencing very volatile markets. Global Indexes S&P 500 The S&P

Bloomberg: Big tech sinks stocks bruised by recession jitters Recession risks put Canada’s stock market beat in jeopardy MarketWatch: How long will stocks stay in a bear market? It hinges on whether a recession hits, says Wells Fargo Institute Dow closes nearly 500 points lower as weak economic data rattle markets The long term negative

I will post the lesson about candlesticks after this review. There are many books and articles on the web that cover the subject in depth if you are interested in the philosophy and why these shapes are forming. We categorized the candlestick patterns under appropriate headings for easy reference. Bloomberg: Morgan Stanley’s big bear sees