Weixian112

    • Weixian112Weixian112
      ·2023-06-07
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    • Weixian112Weixian112
      ·2023-06-07
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      How I find Bullish trend for TQQQ, SOXL and SOXX [Data collected up to 04 June]

      @nerdbull1669
      I have done a simple chart for $Nasdaq100 Bull 3X ETF(TQQQ)$ $Semiconductor Bull 3X Shares(SOXL)$ and $iShares Semiconductor ETF(SOXX)$ using simple programming to see the Bull and Bear trends with SMA50 and SMA200. This is the data that I have fetched and use over 600 trading days. Nasdaq 100 Bull 3X ETF (TQQQ) If we look at the trading over 600 days, we will notice that once TQQQ begin its Bull rally and when that rally start to fade, it will turn to Bear and have not returned until recently. Actually we can see the pattern pretty clearly by observing the SMA50 and SMA200. If TQQQ is above both SMA50 and SMA200, it shall stay pretty well in Bull trend. But once
      How I find Bullish trend for TQQQ, SOXL and SOXX [Data collected up to 04 June]
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    • Weixian112Weixian112
      ·2023-06-07
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      Mixed Employment Data? Who is the biggest winner?

      @MaverickWealthBuilder
      Last Friday, the May non-farm payroll data was clearly impressive. 339,000 non-farm jobs were added, nearly double the market's expectation of 195,000. Additionally, the non-farm payroll data for March and April were significantly revised upward. In March, the number of new non-farm jobs was revised from 165,000 to 217,000, and in April, it was revised from 253,000 to 294,000.United States Non Farm PayrollsAmong them, the education, healthcare, business, and leisure accommodation sectors continue to be the main sources of employment growth. Previously, due to labor market mismatches, some vacant positions in the service industry have been filled.However, on the other hand, there is a contradiction as the unemployment rate increased by 0.3 percentage points to 3.7% compared to the previous
      Mixed Employment Data? Who is the biggest winner?
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    • Weixian112Weixian112
      ·2023-06-07
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      14 Jun, Doomsday Or Happy Day For Which US Banks?

      @JC888
      US banks in the spotlight once again! I have shared 3 posts about the Fed, US interest rates, next FOMC meeting and US banks: 29 May - US Debt, Stock Market, Interest Hike In Coming Week/s. 31 May - US Fed's Interest Hike In June ? 3 Factors To Decide.. 02 Jun - US Banks Not Out Of Woods Yet. Not By A Long Shot. To read, click on the post’s title. Please give a “Like”, “Share” or “Re-post” after reading ok. Thanks! As June, 13 - 14 draws closer by the day - the market is rift with a lot of uncertainties on whether the Fed will blindside it with a 0.25% interest hike. The concerns
      14 Jun, Doomsday Or Happy Day For Which US Banks?
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