Former Vice-President Mike Pence is very concerned that Republicans are not sufficiently enthusiastic about aggressive, unnecessary wars. In a speech on Monday, Pence claimed “Some Republican candidates …[are] embracing a new and dangerous form of isolationism.” “Isolationism” is just a ...
SAN FRANCISCO – Hackers who breached casino giants MGM Resorts International and Caesars Entertainment in recent weeks also broke into the systems of three other companies in the manufacturing, retail, and technology space, a security executive familiar with the matter said. David Bradbury, chief security officer of the identity management company Okta, said five of the company’s ...
SHANGHAI/HONG KONG – COVID wasn’t kind to wedding planners in China, where marriages are traditionally elaborate, expensive affairs, but the industry estimated at almost $500 billion is now facing a bigger threat: a plunge in the number of couples willing to tie the knot. The trend, ...
SHANGHAI – Geopolitics and a slowing economy are fuelling pessimism among US businesses operating in China, with the proportion of firms optimistic about their five-year outlook in the country falling to a record low, a survey released on Tuesday said. Even after the ending of COVID curbs, which weighed heavily on both ...
Former US President Donald Trump plans to give a speech in Detroit on Sept. 27 to a crowd of union workers, skipping the second Republican presidential debate, an aide said on Monday, and instead inserting himself into a dispute between striking workers and America’s leading automakers. The prime time speech is expected to be delivered to auto workers and ...
How many of you have heard me say that commodities are inherently volatile? Clearly, from this chart, you can see that after the oil rally in the mid 1970s, the CPI went from nearly 9% in 1974 down to 2% ...
In this week’s edition of The DecisionPoint Trading Room, Carl notes that the “Magnificent 7” stocks are looking “toppy”, with only a few exceptions. These leadership stocks could put downside pressure on an already weak market. Erin picks out the ...
In this week’s edition of StockCharts TV‘s Halftime, Pete reviews the NVDA chart, which closed its nearest gap today. He then looks at the S&P 500 and the Nasdaq 100 charts, as well as home builder DR Horton and building products company ...
In this edition of StockCharts TV‘s The Final Bar, Dave conducts a deep dive into current market breadth indicators, including advance-decline data, the McClellan Oscillator, and the Bullish Percent Index. He reviews key support and resistance levels for AAPL, TSLA, NVDA, and ...
The fundamental problem with purchasing protection from the boogeyman is that it’s impossible to assess the quality of your purchase: If the boogeyman doesn’t attack, it appears your protection succeeded. If he does, it appears you needed to purchase even ...