June 2020

View all on this date written articles further down below.
The stock belongs to a weak sector which is related to tourism and flights but as the economies of the world are reopening, the stock may stage a bounce up. The latest earnings report was good (missing the current Coronavirus related quarter), and technically it broke resistance with high volume. We open a long position at the current market price with a stop loss of 12% down.
04 Jun 2020

PRICE ALERT: XSPA, Broke resistance

The stock belongs to a weak sector which is related to tourism and flights but as the economies of the world are…

S&P500 above its 200-day moving average, up +3.0% for the week. Stock market extended its rally on continued optimism about economic recovery and fear of missing out. U.S.-China relations are front news again as there was uncertainty regarding China approving legislation to tighten its control over Hong Kong.
01 Jun 2020

MARKET OUTLOOK, 01 JUNE 2020

S&P500 above its 200-day moving average, up +3.0% for the week. Stock market extended its rally on continued optimism about…