With more than 98 million eligible voters, some 70,000 candidates and over 20,000 public offices being contested, Mexico’s general election on June 2 will be the largest in the country’s history. But it’s not just the massive scale of the event that makes it so important in the eyes of observers across the border in the United States. For the ...
The Israeli military is in central Rafah, the Israel Defense Forces (IDF) confirmed in a statement Friday, despite international concern and anger over its military operation in Gaza’s southernmost city. “IDF troops in central Rafah located Hamas rocket launchers, terror tunnel shafts, and weapons. The troops also dismantled a Hamas weapons storage facility in the area,” the IDF said in the statement. On ...
European allies of former US President Donald Trump have rallied around him in support following his historic conviction on 34 felony counts of falsifying business records. The conviction – which has been heralded as a somber moment for America with wide-reaching implications – has been painted by Trump’s allies in Europe as political persecution, aimed at derailing his bid to ...
The death of any Filipino citizen at the hands of another country in the South China Sea would be “very close” to an act of war, Philippines President Ferdinand “Bongbong” Marcos Jr. warned Friday as his nation faces increasingly fraught clashes with Chinese vessels in the South China Sea. Marcos delivered the keynote speech of the Shangri-la Dialogue in Singapore, ...
Gold is struggling, moving mostly sideways. Silver has technically been moving sideways as well, only it has formed a textbook double top chart pattern. Textbook double tops show even tops and a clear confirmation line delineated at the middle of the “M” formation. What is good about these formations is that they give us a minimum downside target. The downside ...
Boring and captivating rarely coexist, except for contrarians who can uncover the subtle allure in what the mainstream finds mundane. Yet discovering the next “hot” stock often demands looking at assets the popular crowd undervalues and ignores. That might be the case with Aflac, Inc (AFL). Yes, the company with the duck mascot. Why Aflac? Remember the market plunge earlier ...
In this edition of StockCharts TV‘s The Final Bar, join Dave and Grayson as they run through top 10 charts to watch in June 2024! They’ll cover breakout strategies, moving average techniques, relative strength, and much more. You don’t want to miss these insights into market dynamics and chart patterns that could impact your trading decisions. Get Dave and Grayson’s Top 10 ...
What a turnaround! Today’s PCE data, which was in line with expectations, initially sent the stock market higher. Then, it experienced a significant selloff, but things changed in the last 30 minutes. Equities pushed higher into the close, revealing that investor optimism isn’t dead. The S&P 500 ($SPX) and Dow Jones Industrial Average ($INDU) closed higher, and the Nasdaq Composite ...
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the bullish close in the markets while highlighting areas to stay away from. She also shares why AI-related areas of Tech remain positive and what drove the Retail sector into a new uptrend. The potential downtrend reversal in Energy stocks was also discussed. This video originally premiered May 31, 2024. ...
Top 5 Stocks in “Go” Trends Trend Continuation on Rising Momentum GoNoGo Charts® highlight low-risk opportunities for trend participation with intuitive icons directly in the price action. The resurgence of momentum in the direction of the underlying price trend is an excellent entry opportunity, or the chance to scale up positions. GoNoGo Icons® illuminate these events on the chart with ...
While the S&P 500 did manage to finish the week above tactical support at 5250, one of the most widely-followed macro technical indicators recently registered an initial sell signal for the second time in 2024. Today we’ll explain the three components of the Hindenburg Omen, show why this pattern is common at major market tops, and discuss the additional signals we’d ...
Donald Trump is touting ‘record shattering’ fundraising fueled by his convictions in the first trial of a former or current president in the nation’s history. The former president’s campaign announced on Friday morning that it had hauled in $34.8 million in fundraising from 6 p.m. ET to midnight on Thursday, immediately after Trump was found guilty of all 34 felony ...