JENNIFER LOPEZ - J.LO
A slang term for technical analysis that refers to a rounding bottom in a stock’s price movement. The term was coined from Jennifer Lopez’s curvy shape. The American singer and actress is often praised or criticized for her figure. Traders like rounding bottom in a stock pattern for it can denote an optimistic market reversal, which means expectations will eventually shift from bearish to bullish.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 22:50 | Gross Domestic Product | 2 quarter | |
| 03:30 | CPI | Aug | |
| 03:30 | PPI | Aug | |
| 07:00 | Economy Watchers Survey | Aug | |
| 10:30 | Sentix Investor Confidence | Sep | |
| 16:00 | Wholesale Inventories | Jul | |
| 21:00 | Consumer Credit | Jul | |
| 00:45 | Manufacturing Sales | 2 quarter | |
| 01:50 | M2 Money Supply + CD | Aug |
