China accused the United States military of “abusing international law” and continuing a pattern of “dangerous provocations” in East Asia Thursday, after a US Navy destroyer made the service’s first transit of the Taiwan Strait of 2024. The movement on Wednesday of the USS John Finn through the waterway that separates democratically governed Taiwan from communist mainland China was also ...
When Donald Tusk first won power in Poland in 2007, the country’s media coined a tender moniker to describe his approach towards his political rivals: the “politics of love.” His second stint as the country’s prime minister is proving far less amorous. The returning veteran of Polish centrism, who formed a coalition government after an impressive election result last year, ...
“Australia Day is Dead!” Indigenous activist Gwenda Stanley chants into the loudspeaker, as a crowd of thousands breaks into applause. It’s Australia’s national day, but the crowd in central Sydney seethes in anger and cheers in solidarity with Indigenous Australians, many of whom view January 26 as nothing but the anniversary of their colonial dispossession, 236 years ago this Friday. ...
A satellite designed to study Venus from top to bottom and a trio of gravitational wave-surfing spacecraft are two of the latest missions that the European Space Agency has adopted. The agency previously had selected the missions, but the official adoption process means that contractors will be chosen so construction can begin to bring the mission designs to life. ESA ...
I know all the talk continues to surround technology stocks (XLK), particularly semiconductors ($DJUSSC) and software ($DJUSSW). And why wouldn’t it? These groups have been absolutely on fire since the end of the 2022 cyclical bear market. Rates remain low and many of these companies are seeing double digit profit growth. As I’ve said often, this is NIRVANA for growth ...
As a trailblazer in the tech industry, IBM stands out as an “OG” among corporate tech giants. Yet the company is far from turning into a relic. It continues to make significant progress distinct from its more progressive rivals. IBM may not be the hippest among the tech bunch nor the most progressive (certainly not an AI play). Yet its ...
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On Friday, the market woke up to great news. Mission accomplished on inflation. Yahoo Finance reported: “The Fed’s preferred inflation measure — a ‘core’ Personal Consumption Expenditures index that excludes volatile food and energy prices — clocked in at 2.9% for the month of December, beating estimates.” Furthermore, the core PCE inflation rate fell to 1.5% on a three-month annualized basis, ...
In this edition of StockCharts TV‘s The Final Bar, Dave hosts an all-mailbag episode, answering viewer questions on the Relative Strength Index (RSI), how ETFs like QTEC have outperformed benchmarks including the Nasdaq 100, and how to avoid painful losses in leading names like NVDA, PANW, and ADBE. This video originally premiered on January 26, 2024. Watch on our dedicated Final Bar page on StockCharts TV! ...
In the first week of 2024, investors seemed uncertain that the stock market would continue the tail end of 2023 rally. But here we are, three weeks later, and the S&P 500 Index ($SPX) notches new record highs five trading sessions in a row. The last time this happened? November 2021. It would have been nice to see the S&P ...
On this week’s edition of Moxie Indicator Minutes, TG points out that the IWM is right in the middle of a range and he wants to hear from you as to which way you think it will go first. Beyond that, the overall picture of the market is good, and we just need to let over bought conditions get absorbed ...
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews where the markets stand as we head into earnings from MSFT, GOOGL, AAPL and META. She also discusses how ETFs can help you refine your trading strategies and stock selection, then shares base breakouts and downtrend reversal candidates in Tech and Retail. This video originally premiered January 26, 2024. Click ...