A Singaporean man has been ordered to repay more than 38 million Australian dollars ($25.7 million) after he lost big during a gambling spree at an Australian casino over the span of a few days.…
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American and Chinese military commanders spoke in a long-anticipated call Tuesday as the two powers seek to manage their intensifying rivalry in a contentious Asia-Pacific region – and repair lines of military communication severed more…
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Many are feared killed and wounded after Israeli forces struck a humanitarian zone created to shelter displaced people in southern Gaza, in what Israel said was an attack on Hamas terrorists in the area. The…
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Ukraine struck the Moscow region on Tuesday in its biggest drone attack so far on the Russian capital, killing at least one woman, wrecking dozens of homes and forcing around 50 flights to be diverted…
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Any strategy that trades stocks needs some sort of market timing mechanism to identify bull and bear markets. Typically, stock strategies are fully invested during bull markets because risk is acceptable. Strategies move to cash…
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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…
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The recent decline last week revealed that the artificial intelligence bubble is deflating. Magnificent Seven stocks are unwinding in response to investors losing confidence in the AI trade in general. Carl gives us a complete…
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Good morning and welcome to this week’s Flight Path. Equities flashed an uncertain “Go Fish” bar at the end of the week as the markets became even more unsettled. Treasury bond prices remained in a…
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Politics
White House pushes back against scathing report on Biden’s withdrawal from Afghanistan
by adminThe White House pushed back on a report released Sunday by Republican lawmakers criticizing President Biden’s chaotic withdrawal from Afghanistan in 2021, calling the report partisan and offering ‘little or nothing new.’ Texas Rep. Mike…
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Politics
McCaul says he will hold Blinken in contempt after State Department shrugs off his demands for testimony
by adminForeign Affairs Chairman Rep. Mike McCaul said he still intends to haul in Antony Blinken on the Afghanistan withdrawal even after his sprawling report was completed, and will hold him in contempt of Congress if…