Trading is all about the odds. Trade when the odds are in your favor. Exercise patience and stand aside when the odds are NOT in your favor. Stocks are in a bear market with the vast majority of names (76%) trading below their 200-day SMAs. Clearly, the odds are NOT in our favor for equities and equity ETFs. Traders need ...
The head of Zopa has suggested that London’s political and regulatory stability could become a competitive advantage for the capital’s financial markets, as businesses increasingly look to escape growing uncertainty in the United States. Jaidev Janardana, chief executive of the digital bank, said concerns around a volatile tax and tariff regime in the US had prompted his company to reconsider ...
China has been cautioned against retaliating to President Trump’s aggressive new tariff regime by offloading its massive holdings of US government bonds — a move that analysts warn could damage its own economy more than it harms Washington. Earlier this month, Trump imposed sweeping tariffs of up to 145 per cent on Chinese exports to the US, sparking fears of ...
Antisemitism in Canada has exploded in the aftermath of Hamas’ Oct. 7, 2023, massacre, reaching record numbers last year and becoming a central issue for the country’s Jewish community ahead of an April 28 federal election. Last week, Conservative Party leader Pierre Poilievre, the main challenger to Prime Minister Mark Carney accused pro-Hamas protesters of staging ‘hate marches’ and vowing ...
Russian President Vladimir Putin has announced a temporary Easter ceasefire in his country’s war with Ukraine, the Kremlin said Saturday. The war has raged for more than three years and cost the lives of tens of thousands of people on both sides. ‘Guided by humanitarian considerations, today from 18:00 to 00:00 from Sunday to Monday, the Russian side declares an ...
Pro-life activist Mark Houck, who sued the Justice Department over his arrest and prosecution under the Biden administration, said his family has been blocked from settling their lawsuit by an ‘activist’ federal judge. Houck filed a lawsuit against the Justice Department last year, seeking restitution for what he called ‘a faulty investigation’ and ‘excessive force’ after a SWAT team of ...
The week that went by was a short trading week with just three trading days. However, the Indian equities continued to surge higher, demonstrating resilience, and the week ended on a positive note. In the week before this one, the Nifty was able to defend the 100-week MA; last week, it surged higher and closed just at the 50-week MA. ...
Saturday’s talks in Rome between the Trump administration and the Islamic Republic of Iran over the rogue regime’s failure to dismantle its illicit nuclear weapons program have raised pressing questions about whether Tehran will adhere to a new deal. Speaking on ‘The Story with Martha MacCallum,’ retired Gen. Jack Keane, a Fox News senior strategic analyst, said Iran is reintroducing its ‘playbook’ ...
President Trump on Friday said that career government employees working on policy matters for the administration will be reclassified ‘Schedule Policy/Career,’ – or at will employees – and will be fired if they don’t adhere to his agenda. ‘Following my Day One Executive Order, the Office of Personnel Management will be issuing new Civil Service Regulations for career government employees,’ ...
Reflecting on the price action over this shortened holiday week, I’m struck by how the leadership trends have not really changed too much. We’ve observed bombed-out market breadth indicators, and the S&P 500 remains clearly below its 200-day moving average despite a strong upside swing off the early April market low. But how much as the leadership of this market changed ...