The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the ...
HAPPY NEW YEAR!!! Ever since the introduction of RRG back in 2011, many people have asked me questions like: “What is the track record for RRG” or “What are the trading rules for RRG”? My answers have always been, and ...
We monitor the weekly SPY chart and present it to our subscribers every Friday in our DP Weekly Wrap. We have been watching a bearish rising wedge on the weekly chart. The rising wedge pattern implies that you will get ...
As digital payments and fintech services continue to reshape the global economy, Block, Inc. (SQ) stands out as a potential beneficiary of this shift. A favorable technical signal and an attractive fundamental backdrop present a compelling bullish thesis for SQ. ...
Obviously, there will be many ups and downs in 2025 and no one chart or indicator can be relied upon 100% to help guide us throughout the year. But some key and very influential areas of the market do meet ...
Has it been a while since the broader market indexes closed in the green? It certainly seems that way. After what looked like a weak start to the new year, the stock market showed us it still had legs. The ...
In this video, Mary Ellen analyzes the divergence between the S&P 500 and the Nasdaq while highlighting some of the areas driving Growth stocks. She also talks about the continuation rally in Energy and Utility stocks and shares which stocks ...
The Russell 2000 ETF managed a double-digit gain in 2024, but did it the hard way with several deep pullbacks. Pullbacks within uptrends are opportunities and we can find such opportunities using %B. The chart below shows the Russell 2000 ...
A huge fire that erupted at a clothing market in Ghana’s capital, Accra, has destroyed hundreds of livelihoods and businesses. The fire at Kantamanto Market – one of the world’s largest secondhand clothing markets – has since been fully extinguished ...
Venezuela’s exiled former presidential candidate, Edmundo González Urrutia, returns to South America Friday in a show of defiance as Caracas prepares to inaugurate current President Nicolas Maduro, who has been in office since 2013. González’s first stop: a meeting with ...