Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch a few big trends and these profits will more than cover the expenses. Let’s look at signals and backtest results for the Cybersecurity ETF (CIBR). The chart below shows the Cybersecurity ETF (CIBR) with the Percent ...
A long-term study of Havana Syndrome patients was shut down after a National Institute of Health (NIH) internal review board found the mishandling of medical data and participants who reported being pressured to join the research. The study had until now not found evidence linking the participants to the same symptoms and brain injuries. The internal investigation that halted the ...
Pope Francis on Friday urged Catholic voters to ‘choose the lesser evil’ between former President Trump and Vice President Kamala Harris. The pope criticized Harris’ support of abortion rights as being an ‘assassination,’ while he also chastised Trump, saying ‘not welcoming migrants is a sin.’ ‘You must choose the lesser evil,’ Francis told reporters in a press conference held from ...
While the S&P 500 finished the week once again testing new all-time highs around 5650, the Nasdaq 100 remains rangebound in a symmetrical triangle or “coil” pattern. While this pattern does not necessarily suggest a potential next move for the QQQ, it did lead me to think about four different scenarios that could play out over the next six to ...
In this StockCharts TV video, Mary Ellen reviews the broader markets and highlights pockets of strength that are starting to trend higher. She also shares add-on plays to the move into home construction stocks, and shows key characteristics needed to confirm a downtrend reversal in select stocks. This video originally premiered September 13, 2024. You can watch it on our dedicated page for ...
North Korea released first-ever photos of a uranium enrichment site on Thursday. Supreme leader Kim Jong Un has been known to show off his nuclear bombs, but this week he revealed the facilities that create the key material that powers them. Kim released photos of himself touring the facility as he called for his military to ‘exponentially’ increase its nuclear ...
‘Buonasera Tutti,’ former New York Mayor Bill de Blasio toasted as he opened a three-hour ‘Paisans for Kamala’ virtual dinner this week in support of Vice President Kamala Harris’ presidential bid headlined by staunch Trump critic Robert De Niro. De Blasio co-hosted the event with Paul Mercurio, a comedian who works on Stephen Colbert’s CBS late-night program. During the livestream ...
This week’s stock market action may have caught many investors by surprise. After last week’s massive selloff, this week’s turnaround reignited investor enthusiasm in equities. Large-cap growth stocks were the leading asset class in the early part of the trading week, and, by Friday, the clear leaders were the mid- and large-cap stocks. This week’s Consumer Price Index (CPI) and ...
Russian President Vladimir Putin warned that his country will be ‘at war’ with NATO if the West lifts restrictions on its missiles in Ukraine. His announcement comes on the heels of Russian military aircraft being spotted flying off the coast of Alaska. President Biden – among other western nations’ leaders – has come under intense pressure to lift the U.S. ...
House Speaker Mike Johnson, R-La., is facing his last critical leadership test of this year as congressional lawmakers grapple with a looming government shutdown deadline at the end of this month. The House Republican Conference is at odds over how to proceed with funding the government in the next fiscal year, which begins Oct. 1. A growing contingent of GOP ...