At DecisionPoint, we track intermediate-term and long-term BUY/SELL signals on twenty-six market, sector, and industry group indexes. The long-term BUY signals are based upon the famous Golden Cross, which is when the 50-day moving average crosses up through the 200-day moving average. (We use exponential moving averages — EMAs.) Intermediate-term BUY signals are based upon the 20-day moving average crossing ...
When the market is rallying in full swing, it can sometimes be difficult to select which stocks, among the hundreds, might present the best case to buy. For spotting the strongest stocks on a technical basis, the StockCharts Technical Rank (SCTR) can be an essential tool. There are many ways to use the SCTR Report. One would be to pull ...
Radiant Capital, a decentralized finance (DeFi) lender, reported a significant security breach across multiple blockchain networks, resulting in substantial financial losses. On Wednesday, unidentified attackers exploited vulnerabilities in Radiant’s blockchain contracts on both the Binance Smart Chain (BSC) and Arbitrum platforms. This breach allowed the perpetrators to siphon off digital assets, including USD Coin (USDC), Wrapped BNB (WBNB), and Ethereum ...
The Cardano price plunged 1.35% during the Wednesday market session, currently trading at $0.345. The slight downtick signals the continuation of its sideways trend intact since June 2024. Wil. The renewed recovery pushed the ADA price escape from the current consolidation. Is Cardano Price Ready to Escape Its 4-Month Consolidation? Cardano, the layer 1 cryptocurrency, has showcased a sideways action ...
In this exclusive StockCharts TV video, Joe shares the MACD downside crossover signal and explains the different ways it can play out when it takes place above the MACD zero line. These downside crossovers can lead to opportunities depending on other criteria, including the ADX action. He then shows how this pattern is playing out in big name stocks like ...
Airline stocks had a strong day, with United Airlines (UAL), American Airlines (AAL), and Delta Airlines (DAL) posting strong gains. The main reason for the rise in airline stocks was UAL’s better-than-expected earnings report and strong guidance, which comes just days after Delta missed its earnings. Having struggled for years, UAL seems to have overcome some of its headwinds, which ...
Ripple Labs Chief Legal Officer (CLO) Stuart Alderoty has shared the developments of next steps that are to be taken in the ongoing lawsuit between Ripple and the United States Securities and Exchange Commission (SEC). This case was filed in 2020 and focuses on the characterization of the XRP as a security, and whether Ripple conducted the sales of this ...
Since last weekend, the crypto market witnessed a renewed recovery trend as Bitcoin bounced from $60,000 to $67,000. ETH, the second-largest cryptocurrency, led this bullish momentum in the altcoin market, fueled by the debut of a spot Exchange Traded Fund (ETF) in Australia. As Uptober progresses, these five Ethereum tokens potentially help investors reach the $1 million mark. Turn Uptober ...
Semiconductors sold off on Tuesday, crushing the Technology sector. But the Real Estate sector didn’t suffer a similar fate; in fact, it was the top sector performer for the day. The Real Estate Select Sector SPDR Fund (XLRE) reached a 52-week high in mid-September, but has pulled back since then. However, Tuesday’s price action suggests that XLRE may be on ...
The U.S. is now more deeply entrenched in the conflict in the Middle East after a pivotal move to send troops to Israel was announced this week. On Monday, the Biden administration revealed it would offer Israel one of the U.S.’s highly sophisticated THAAD missile defense systems – as Israel braces for potential Iranian retaliation to the counter-attack it is ...
More than 230 doctors, nurses and other health care professionals are calling on former President Trump to release his medical records after Vice President Kamala Harris did so. In an open letter dated Oct. 13, first reported by CBS News, the health care providers raise concerns about Trump’s advanced age and argue that the 78-year-old Republican nominee should be transparent ...
The Securities and Commodities Authority of the United Arab Emirates has launched an investigation into alleged securities violations involving the cryptocurrency $WAP, a Solana blockchain-based token heavily promoted by high-profile celebrities like Cardi B. The probe came in the wake of a formal complaint from a prominent Dubai-based VC firm and local Emirati investors. It accused market manipulation and fraud ...