As we approach the highly anticipated results of India’s general elections on Tuesday, June 4, market volatility is expected to be at its peak. Exit polls, scheduled for Saturday, June 1, will likely add to the market’s uncertainty, causing significant fluctuations in the Nifty and BankNifty indices. Investors and traders must be prepared for potential swings, meaning it’s crucial to ...
On this week’s edition of Stock Talk with Joe Rabil, Joe shows a specific MACD pattern that, when it develops on the monthly chart, can give a great early warning sign. Joe gives several examples of this pattern during the lesson. He also shows two Scans that he runs in ACP and discusses the 10-year Yield and the Commodity chart, ...
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Frank Cappelleri, CMT CFA of CappThesis. Frank shares how the bull market phase has been marked by confirmed and completed bullish patterns and failed breakdowns after bearish patterns. Meanwhile, Dave discusses the rising interest rate environment, what it means for the equal-weighted S&P to underperform the regular cap-weighted SPX, and how ...
White House officials told reporters that Israel’s airstrike on Rafah on Sunday that killed two senior Hamas terrorist leaders and dozens of civilians does not violate President Biden’s ‘red line,’ mainly because the strike did not represent a major ground operation. White House National Security Council spokesman John Kirby addressed reporters during a White House press briefing on Tuesday afternoon, ...
As unlikely as it seemed four years ago, former President Donald Trump is the odds-on favorite to win the presidential election if it were held today. In presidential politics, things could change in a day with a court ruling, a scandal, a misstep or just a great campaign, but that’s the clear reality of today. Trump is leading President Biden ...
President Biden is launching a new effort to reach out to Black voters as polls show the president is losing ground with that key Democratic constituency to his rival, former President Donald Trump. The Biden-Harris campaign on Wednesday announced an eight-figure spending blitz to drive engagement with Black student organizations, community groups and faith centers nationally and in battleground states ...
With former President Trump’s criminal trial now in the hands of the jury, a pending verdict in the historic case could have serious consequences in the 2024 election between Trump and President Biden. Trump currently holds a slight edge both in national polling and in public opinion surveys in most of the crucial battleground states that will likely decide their ...
A verdict in the NY v. Trump case will mark an ‘important day’ for the nation, according to White House press secretary Karine Jean-Pierre. ‘I have to be pretty honest with you. I have not talked to the president about that,’ Jean-Pierre told reporters Wednesday during a gaggle on Air Force One. ‘This is going to be an important day. ...
New York City – Bystanders outside former President Trump’s criminal trial on Wednesday spoke to Fox News Digital and blasted what they said is a political prosecution of the former president and chief political rival of President Biden. ‘This thing is damaging to the American legal system for decades to come,’ a man outside the courtroom told Fox News Digital. ...
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation. A key reason for the delay in rate cuts is that the inflation pressures that are bedeviling the ...
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot to value amid signs U.S. consumers are experiencing spending fatigue. The pharmacy chain said in a statement announcing a ‘summer of savings’ that the lower prices were in response to consumers’ ongoing struggles with elevated inflation rates that continue to ...
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what had been several weeks of strengthening mortgage demand. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.05% from 7.01%, with points rising to 0.63 from 0.60 (including the ...