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 |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
