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;…
admin
-
-
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…
-
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…
-
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…
-
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…
-
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…
-
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,…
-
Politics
Experts warn Iran could have a nuclear bomb before the next president takes office
by adminIran is closer to becoming a nuclear-armed power than much of the world realizes, according to a nonpartisan research group’s new report. The Foundation for Defense of Democracies (FDD) claims Iran could have a nuclear…
-
Vice President Kamala Harris is running behind President Biden’s 2020 numbers among several demographic groups, a gap that could loom large in what increasingly appears to be a razor’s-edge election. ‘Harris is significantly underperforming Biden,…
-
Politics
House tees up ‘China Week’ with floor votes aimed at combatting CCP espionage and economic advances
by adminAfter six weeks of recess, the House is set to fast-track approval of a slew of China-related bills that aim to counter the U.S.’s growing foe beginning on Monday. With only three weeks of work…