Typhoon Yagi, Asia’s most powerful storm this year, was downgraded to a tropical depression on Sunday, after wreaking havoc in northern Vietnam, China’s Hainan and the Philippines, claiming dozens of lives, according to preliminary reports. Vietnam’s meteorological agency issued the ...
Three Israeli border guards have been killed in a shooting at the Allenby Crossing on the border between the occupied West Bank and Jordan, the Israeli Emergency Services said Sunday. The identity of the assailant is unknown at this time, ...
Uncertainty has continued in September after August left investors scratching their heads. In the tech sector, Bitcoin and Ether prices remained rangebound this week on waning investor interest, while Broadcom’s (NASDAQ:AVGO) latest quarterly report, contributed to the cautious sentiment among ...
As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a very valuable phenomena for the study and practice of trading. When tracking the intraday time frame; Wyckoff structures of Accumulation, Markup, ...
On Thursday afternoon, I dove into the StockChartsTechnicalRank (SCTR) Reports to scout out a good ETF during a mixed market (Dow and S&P 500 were down, Nasdaq was up). Two gold miner ETFs—Wisdom Tree Efficient Gold Plus Gold Miners ETF ...
I’ve been around long enough to remember when Intel (INTC) was the NVIDIA of the day. Now, INTC is under severe pressure, having suspended its dividend, and is currently being considered for removal from the Dow 30 Industrial Average. Oh, ...
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH). Looking at the daily chart below, we can see the pattern developing. However, we do have to point out participation. Note ...
After a week of wavering action, the stock market made a directional move—a lot lower—after Friday’s jobs data. Investors are concerned about the economy, and the narrative has switched from inflation worries to thinking that perhaps the Fed is too ...
In this StockCharts TV video, Mary Ellen reviews the current downtrend taking place in the S&P 500 and Nasdaq, and highlights the “uninverting” yield curve. She finishes with a deep dive into Nvidia, sharing how to handle the stock depending on ...
This week, the market appeared to shift dramatically from “stalling out at all-time highs” to more of a “big time risk-off selloff move” kind of situation. The warning signs were building in August, but, so far, September is ringing all kinds ...