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 ...
The Week 10 college football schedule is on the light side, with seven of the Top 25 teams in the US LBM Coaches Poll idle. But that still gives our panel of prognosticators plenty of matchups to consider as we kick off the month of November. Topping the marquee, of course, is the top-five showdown in State College as No. ...
NEW YORK – They waited 15 years to reach baseball’s biggest stage, only to shrink in the biggest moments. They pride themselves on developing and importing players tough enough for the game’s biggest market – only to get exposed, themselves, when it mattered most. And when the New York Yankees scattered for the winter on Wednesday night, they did so ...
In a revealing update from the Blockchain Association, a crypto industry group, firms have reported substantial financial burdens due to the actions of the U.S. Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. This data, compiled and released in cooperation with HarrisX, shows that since April 2021, when Gensler took office, the crypto industry has incurred ...
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 ...
As we near the end of October 2024, it’s important to note that the market trends remain quite strong. Despite plenty of short-term breakdowns in key stocks this week, our Market Trend Model remains bullish on all time frames. This tells me to consider this market “innocent until proven guilty” but to always be looking for signs of a potential market reversal. ...
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 ...