Indices

Dow surged from intraday lows!

December 7, 2018 Jackson Wong PhD 0

Stock markets were in a bad shape yesterday. Confidence melted steadily away throughout the day and many stocks were steep in the red. But there was a fightback towards the end. For Dow, it reversed […]

Indices

A Big Bounce in US Stocks!

November 29, 2018 Jackson Wong PhD 0

Earlier this week, I warned that chasing the US stock market lower would be risky (see here). This view was swiftly validated just two sessions later – when US equities surged amidst hopes of a […]

Indices

A Santa Rally for Nasdaq?

November 27, 2018 Jackson Wong PhD 0

The past few days were filled with uncertainties. The plunge in crude oil, Brexit, and skirmishes in the Black Sea were just some of the factors sapping market confidence. But technically the Nasdaq Composite Index […]

Forex

Short-Term Bounce in GBP?

November 22, 2018 Jackson Wong PhD 0

This week will be crucial for the British PM Teresa May, as she heads to Brussels to finalise the Brexit deal with her European counterpart. Pound Sterling, which had slumped last week on her cabinet […]

Stocks

Giant Tech Stocks Plumb New 2018 Lows

November 20, 2018 Jackson Wong PhD 0

Yesterday saw a sea of red among giant tech stocks. Apple, Netflix, Facebook et cetera slumped to their multi-month lows as sellers dump these so-called FAANG shares. Facebook, for example, has fallen nearly 40% (!) from […]

Indices

Head-and-Shoulders Reversal in Dow?

November 19, 2018 Jackson Wong PhD 0

After falling sharply from 26,250 this month, the Dow Jones Industrials Index appears to be stabilising. More interestingly, its recent pivot low is sketching a technical pattern known as the Head-and-Shoulders (see below). Is this pattern tradable? […]

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