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Posts published in “Year: 2022

S&P 500’s Rebound Is Not Done Yet 2022-02-07

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S&P 500 is consolidating between MA50 and MA200. As long as it is above MA200, the rebound continues. Also, more than 600 stocks are consolidating between MA50 and MA200, including…

TSX Market Update 2022-02-07

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SP/TSX slightly fell -0.2% (-36.5 pts), closed at 21236 points. Among the 150 largest-cap stocks, 62 (41%) closed higher. 45% of all TSX stocks ended higher. In terms of sectors,…

Nasdaq Market Update 2022-02-07

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Nasdaq 100 retreated -0.8% (-123 pts), closed at 14571 points. Among the 150 largest-cap stocks, 70 (47%) closed higher. Despite Nasdaq 100 falling -0.8%, 58% of all Nasdaq stocks rose…

CM BANK (3968.HK) May Break Out to a New High 2022-02-07

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CM BANK (3968.HK) is firmly above the orange uptrend line and is now challenging the purple volume-by-price top. It is likely to break out and hit an all-time high. 360miq.com/stockinfo?code=3968.HK

HKEX Market Update 2022-02-07

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HSI slightly rose 0.03% (+6.55 pts), closed at 24580 points, rose 3 days in a row. Among the 150 largest-cap stocks, 85 (57%) closed higher. 56% of all HKEX stocks…

ASX Market Update 2022-02-07

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SP/ASX 200 slightly fell -0.1% (-9.2 pts), closed at 7111 points. Among the 150 largest-cap stocks, 63 (42%) closed higher. 50% of all ASX stocks ended higher. In terms of…

Amazon (AMZN) Downside Risk Averted 2022-02-04

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Amazon (AMZN) recovered the orange horizontal line and the 7-year blue uptrend line. The imminent danger is averted but is only back to the sideways mode. A full-fledged uptrend has…

TSX Market Update 2022-02-04

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SP/TSX rebounded 0.8% (+178 pts), closed at 21272 points, rose 2.6% (+530 pts) for the week, rose 2 weeks in a row. Among the 150 largest-cap stocks, 100 (67%) closed…

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