Hey mooers,
After learning how to look for divergences between price and volume in the previous post, it's time to learn how to use on-balance volume (OBV) to confirm the underlying trend.
Traders often use the OBV to look for trend confirmations or try to correctly identify the strength and the direction of the ongoing trend. The OBV line's slope is also helpful. A trend accompanied by an OBV line with a steeper slope ...

Stock prices change every day due to market forces. You may want to ask: how to identify a market up or down? Well, it depends on the deviation rate. In this post, we will explore a new indicator, BIAS.
Attention, please! The 7th TA Challenge begins now!
USD 20 Stock Cash Coupon Giveaways
Share what you learned by taping the discussion link: TA Challenge: BIAS, a day trading tool for the rebound.
Now, happy learning!
You can tap here to learn more a...

Spoiler:
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Three major indices moved downward, ...

According to MorningStar, Recession-resistant stocks are stocks of companies whose products and services consumers will continue to purchase no matter the economic climate. In a slowing economy, consumers will generally still fill their prescriptions, seek medical care, practice good hygiene, and enjoy their favorite beverages and snacks. They’ll also continue to pay for running water, electricity, and gas to heat their homes.
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The week ahead in focus
Second-quarter earnings season is here. More than a dozen S&P 500 firms report this week, including several major banks. JPMorgan Chase and Morgan Stanley go first on Thursday, followed by Citigroup and Wells Fargo on Friday.
Highlights on the week's economic calendar are a pair of June inflation readings: The Bureau of Labor Statistics' consumer price index on Wednesday and the producer price index on Thursday. Consensus ...

Oil prices may be dropping, but oil is still headed for $140 per barrel, Goldman Sachs said on Thursday, and could even hit $140 in the face of a recession.
“$140 is still our base case because, unlike equity, which are anticipatory assets, commodities need to solve for today’s mismatched supply and demand,” energy analyst Damien Courvalin said, who compared today’s market to the recession in 2008.
At that time, oil prices rallied even during the ...