Today on the S&P 600 (IJR), the 20-day EMA nearly crossed above the 50-day EMA for a “Silver Cross” IT Trend Model BUY Signal. Price is really going nowhere. Bulls might look at it as a bull flag, but the ‘flag’ is horizontal, not trending lower. That setup doesn’t usually execute as you’d expect, with a breakout move that flag ...
President Donald Trump’s envoy for special missions, Richard Grenell, has traveled to Venezuela to deliver an in-person message to socialist dictator Nicolás Maduro about accepting violent criminals deported from the United States. On a call with reporters Friday, Mauricio Claver-Carone, the U.S. special envoy to Latin America, said Grenell will tell Maduro to take back all the Venezuelan criminals and ...
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by more than half. The shipping giant said in its fourth-quarter earnings report that it “reached an agreement in principle with its largest customer to lower its volume by more than 50% by ...
It’s no secret that former Iowa Hawkeye Caitlin Clark has been the biggest name in women’s sports the past few years. Her domination on the basketball court has drawn numerous new fans to women’s basketball, both professional and collegiate. It also has drawn a lot of revenue to her organizations. The WNBA’s Indiana Fever had the highest average attendance in ...
Quantum computing (QC) stands at the forefront of technological innovation, promising to revolutionize industries ranging from cryptography to drug discovery. As this field evolves, investors are increasingly eyeing quantum computing stocks as potential high-reward opportunities. However, it’s essential to approach this nascent sector with a balanced perspective, recognizing both its vast potential and inherent risks. The Allure of Quantum Computing ...
Gold has long been considered a store of wealth, and the price of gold all time high often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs as ...
The XRP Ledger (XRPL) has activated the AMMClawback amendment, a major update to improve the regulatory compliance of its Automated Market Maker (AMM) pools. The upgrade, which achieved 91.43% consensus from validators, ensures token issuers have control over assets deposited in liquidity pools under specific conditions. XRP Ledger Activates AMMClawback, Enhancing AMM Pool Compliance In a recent post on the ...
After a six-year long legal battle, a court in the Brazilian state of Espírito Santo has authorized a child to be officially registered as the child of three fathers and one mother. Same-sex adoption has been legal in Brazil since 2010. This post appeared first on cnn.com ...
Gold stocks have risen, even after the Federal Reserve decided to keep interest rates unchanged. So it wasn’t surprising to find a few gold mining stocks filtered in my StockCharts Technical Rank (SCTR) scan. (This scan was created using StockCharts’ Advanced Scan Workbench and can be found at the end of the article for reference.) I selected Alamos Gold, Inc. ...
Conservatives on social media praised Kash Patel, President Donald Trump’s nominee for FBI director, after a thorny exchange with Sen. Amy Klobuchar, D-Minn., during his confirmation hearing on Thursday. That’s a general statement and a mischaracterization of what I said,’ Patel told Klobuchar in response to questioning about a past quote that the senator suggested showed Patel believes some U.S. ...
Starbucks announced several changes, including its plan to cut some items from the food and drink menu. ‘We’ve taken steps to refocus the business, our mission and our marketing to better align with our identity as a coffee company,’ Starbucks chairman and CEO Brian Niccol said Tuesday. ‘We’re relying less on discounts to drive customer traffic and doing more to ...
The race to be one of the four No. 1 seeds in the NCAA men’s tournament is on. As the majority of the teams are trying to do all they can to boost their resume just make the tournament field, there are a select few that are not only virtual locks to be part of March Madness, but also get ...