In this video from StockCharts TV, Julius begins by looking back at the completed monthly bars for October to assess the long term trends in the 11 S&P sectors. He follows that up with an updated view for SPY in coming weeks. After that, Julius looks forward using seasonality to find sectors that have strong seasonal tendencies and overlays them ...
Pro-Israel leaders and activists are expressing frustration and disappointment that Senate Majority Leader Chuck Schumer, D-N.Y., has yet to plan a vote on a bill aimed at tackling the rising tide of antisemitism on college campuses. Many fear the delay could lead to the bill getting ‘watered down’ – or potentially getting derailed altogether. ‘This is a very good bill. ...
Alphabet executives, donning Halloween costumes, faced questions from concerned employees at an all-hands meeting on Wednesday, following comments on the company’s earnings call suggesting that more cost cuts are coming. “There is a reality to it,” said Brian Ong, vice president of Google recruiting, according to a recording of the meeting reviewed by CNBC. “We are hiring less than we did ...
Canadian oil and gas stocks have faced a rollercoaster ride over the past few years. However, analysts remain optimistic about the sector, and there are signs that oil and gas companies in Canada may be in a multi-year bull market. The top oil and gas stocks on the TSX and TSXV have been posting gains despite volatile market conditions, and ...
A massive transfer of 31.1 million XRP tokens, worth approximately $15.8 million, was detected moving from an unidentified wallet to the crypto exchange Bitso. This large transaction has caught the attention of the XRP community, as it coincides with critical developments in Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). XRP Whale Dumps 31 Million Coins ...
In subtle but increasingly vocal ways, Israel’s military leaders are signaling that the country has achieved all it can militarily in Lebanon and Gaza, and it’s time for the politicians to strike a deal. It comes as Lebanon’s prime minister says that a ceasefire between Hezbollah and Israel could be imminent. Both candidates for the American presidency have also made ...
The Halloween effect caught up with the stock market! October 31 ended up being a spooky day for investors. Tepid earnings from big tech companies and negative news about Super Micro Computer (SMCI) sent stocks plunging, especially semiconductors (more on this below). Precious metals, which were in a roaring bull rally, also sold off. Gold futures were down 1.84% and ...
One Apprentice alum and attorney has joined the campaign for Donald Trump as some alumni of the reality show have publicly endorsed Kamala Harris ahead of Tuesday’s presidential election. Erin Elmore appeared on season three of NBC’s The Apprentice in 2006 and was ‘fired’ after nine episodes, but she says the experience was immeasurable in the impact both it and ...
Nondairy milk lovers, rejoice. Starting next week, Starbucks will stop charging coffee drinkers who wish to customize their drinks with nondairy milk options an extra fee, the company announced Wednesday. The change will go into effect on Nov. 7, the day the company will launch its holiday menu, Starbucks said in a release. Starbucks said dropping the extra charge will ...