President Biden has gone silent on Ukraine’s Volodymyr Zelenskyy’s push for permission from its Western partners to use long-range missiles to strike targets deep inside Russia, a ranking member of the Senate Armed Services Committee revealed. Sen. Roger Wicker, the GOP ranking member on the powerful Senate Armed Services Committee, shared with FOX that he is concerned that Biden does ...
The Moving Average Convergence/Divergence (MACD) indicator, created by technical analyst Gerald Appel, is a technical indicator designed to confirm once a trend change has occurred. Based on exponential moving averages, it is not built to anticipate a price reversal, but rather to identify that one has already occurred. The lesser known MACD histogram can actually provide a powerful leading indicator ...
In this StockCharts TV video, Mary Ellen reviews what’s driving the markets higher and how you can capitalize. Moves in TSLA, NVDA, and NFLX are highlighted. She also reviews price action greatly impacted by earnings, many driven by analyst upgrades and downgrades. This video originally premiered October 18, 2024. You can watch it on our dedicated page for Mary Ellen on StockCharts TV. New ...
Despite a light economic data week, the stock market continued its rally, with the S&P 500 ($SPX) and the Dow Jones Industrial Average ($INDU) closing at record highs. How many times have we heard that? This is the sixth positive week for the three indexes. Strong earnings from big banks, Taiwan Semiconductor Mfg. (TSM), United Airlines Holdings (UAL), and Netflix, ...
Clark Packard During a recent stop in Pennsylvania, US Trade Representative Katherine Tai was asked by Eric Martin of Bloomberg about the Biden administration’s decision to continue and expand tariffs on Chinese goods imposed under President Trump. She replied that the tariffs remain in place because “… we really haven’t seen the PRC (People’s Republic of China) make any changes ...
The Democratic National Committee on Friday rolled out a Taylor Swift-themed ‘I Will Vote’ campaign to target young voters across battleground states with just over two weeks until Election Day. The DNC’s ‘I Will Vote’ campaign includes a new Snapchat filter urging young voters to be ‘fearless’ on issues that Democrats say ‘will decide this election,’ including reproductive rights and ...
Former President Donald Trump highlighted during a ‘Fox and Friends’ interview that he soundly defeated 2024 Republican presidential primary rival Nikki Haley, but that the former South Carolina governor and U.N. ambassador in Trump’s administration is ‘helping’ him on the campaign trail. Trump, during an extended interview Friday morning on the popular Fox News Channel morning program, was asked by ...
Marc Joffe With tens of thousands of California residents living on the streets and widespread concerns over a housing affordability crisis, we might expect political leaders to build a large volume of new housing as quickly and inexpensively as possible. But, of course, that has not been the case. Thanks to a combination of special interest influence and the phenomenon ...
The judge in former President Trump’s federal election interference case on Friday made public more documents from Special Counsel Jack Smith’s investigation into the former president just weeks before the 2024 election. U.S. District Judge Tanya Chutkan ordered on Thursday night that additional documents be made public. The hundreds of pages of documents are Smith’s appendix of exhibits in the ...
In this week’s RRG video, I shared my concerns about the current market conditions. The sector rotation model and current sector rotation, as we see it on the Relative Rotation Graph for US sectors, are sending us conflicting signals. This combination continues to make me cautious about fully buying into the rally with new positions. Being Fully invested is too ...