After the November pullback, GLD began to rally again. This week, on Wednesday, price exceeded the nearest November top, which made official the new rising trend from the November low. Brief celebration ends the following day as GLD tops, setting the top boundary for a bearish rising wedge formation. Rising wedges are bearish because they normally resolve downward. GLD has ...
There are a number of ways that you can find great trading opportunities. One way is to simply follow a chart on a WatchList and wait for certain indicators to reach “buy” points. For instance, an uptrending stock many times will find support as its 20-day EMA is tested or when its RSI approaches 40 during pullbacks. For this article, ...
Romina Boccia Below are abbreviated remarks I delivered before the US House Committee on the Budget on December 11, 2024. You can find my full testimony here and watch the hearing here (my remarks are at 20:15 ‑25:55). Chairman Arrington, Ranking Member Boyle, and distinguished members of the Committee, Thank you for the opportunity to testify today. My name is ...
Colin Grabow My family spent Thanksgiving in New York City, where we did many of the usual tourist things such as a picture with Wall Street’s Charging Bull sculpture, ice skating in Central Park, and a (mercifully short) visit to Times Square. The first item on our sightseeing agenda, however, was the Statue of Liberty. Looking at the ferry that ...
Despite its position as a luxury automaker synonymous with prestige and performance, Ferrari N.V. (RACE) may be showing signs of a near-term downturn. Recent price action, coupled with stretched valuations and slowing shipment trends, suggests that RACE may face potential downside. By incorporating both technical and fundamental analysis, we can see a compelling risk/reward setup for a bearish trade. The best part? ...
Instagram, a visual playground to play and tell stories, has made us more connected, more shared, and more influential than we ever were before. If you’re ever making a personal brand, growing a business, or simply being creative in your expression, building followers is nearly always a required step. It is not only about the numbers ñ it is about ...
Former House Speaker Nancy Pelosi suffered an injury and has been admitted to a hospital in Luxembourg, Fox News has confirmed. The 84-year-old California representative was traveling to Luxembourg for Battle of the Bulge remembrances. The extent of the former speaker’s injury is unknown at the time of this reporting. ‘While traveling with a bipartisan Congressional delegation in Luxembourg to ...
President-elect Donald Trump is gearing up for his second White House term just weeks after the abrupt toppling of Bashar al-Assad’s regime in Syria— a pivotal moment that could test Trump’s long-held promises to end U.S. involvement in so-called ‘forever wars’ in the Middle East or putting more American boots on the ground in these countries. With roughly six weeks ...
Jack Solowey This blog is part of a series on technology innovation and free expression. On December 5, President-Elect Trump announced that entrepreneur, venture capitalist, and ALL-IN Podcast co-host (i.e., “bestie”) David Sacks will be the “White House A.I. & Crypto Czar.” An underappreciated feature of this czardom is that AI and crypto will be part of the same portfolio. While ...
Colleen Hroncich Tonya Kipe saw the flaws of the public school system both as a mom and a teacher. She loved her elementary teaching position at first but grew frustrated by how cookie-cutter and robotic it became. Hers was one of eight second-grade classrooms at her school, and they were all expected to be keeping the same pace despite having ...