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Nasdaq Market Update 2021-12-17

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Nasdaq 100 was down -0.4%, while the market ended -0.2% lower. 5 sectors closed higher. Healthcare jumped 2.1% to be the best sector. Utilities lost -1.5% to be the worst.…

HKEX Market Update 2021-12-17

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HSI fell -1.2% (-283 points) to close at 23,193 points, the lowest level since the beginning of this year, and fell -3.3% (-803 points) this week. 44 out of 150…

Tencent (0700.HK) Breaks a 3-year Trendline 2021-12-17

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Tencent (0700.HK) plunged -5.5% this week, broke below the 3-year orange uptrend line, and closed at both the daily and weekly low. Tencent had failed the orange trendline before at…

ASX Market Update 2021-12-17

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S&P/ASX 200 and the market both added 0.1%. 72 out of 150 (48%) largest-cap stocks ended higher. And also 48% of all ASX stocks closed higher. 4 sectors ended higher.…

NYSE Market Update 2021-12-16

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S&P 500 fell -0.9%, while the market added 0.2%. Only Technology (-1.6%), Consumer Cyclical (-1.3%), and Industrials (-0.1%) closed lower. Basic Materials had the most gain of 1.3%. Financial ended…

TSX Market Update 2021-12-16

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S&P/TSX was down 0.14% and the market remained unchanged. Gold and silver stocks surged and boosted Basic Materials to be the best sector with a 3.1% gain, while Technology followed…

NVIDIA (NVDA) Near Important Support 2021-12-16

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NVIDIA (NVDA) dropped from MA20 to near MA50, which is now also close to the orange up-channel top and the light blue gap top. It is expected to see some support…

RUSAL (0486.HK) Bounces Off 2 Uptrend Lines 2021-12-16

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RUSAL (0486.HK) surged 5%, bouncing off the light blue and orange trendlines. As long as it doesn’t fail weekly MA30 (daily MA150), its long-term uptrend will be intact. And to…

HKEX Market Update 2021-12-16

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HSI closed up 0.2%, breaking the four-day losing streak, and stabilizing after touching down the six major supports mentioned last week, and still staying above the support bottom of about…

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