We've begun talking more about the Price Momentum Oscillator (PMO) as it relates to finding "pure strength" and "pure weakness". It's all about the zero line and the PMO's behavior above or below. We review the Magnificent 7 charts frequently and we noticed that both
On this week's edition of Stock Talk with Joe Rabil, Joe features special guest, Bruce Fraser of Power Charting. Joe and Bruce discuss swing trading in detail, first by defining swing trading and how it is different from trend trading, and then spending time going
Note to the reader: This is the tenth in a series of articles I'm publishing here taken from my book, "Investing with the Trend." Hopefully, you will find this content useful. Market myths are generally perpetuated by repetition, misleading symbolic connections, and the complete ignorance
In this edition of StockCharts TV's The Final Bar, Dave speaks to the diversifying patterns within the Magnificent 7, with GOOGL and AAPL showing clear signs of short-term distribution. He also tracks Bitcoin reaching the 64K level and shares some initial thoughts from the CMT Dubai Summit.This
During MWC Barcelona 2024, Liu Kang, President of Huawei ICT Marketing & Solution Sales, delivered a keynote speech titled “Embracing 5.5G to Unleash Industry Dividends” at the 5G Advanced: Completing the Enterprise Opportunity conference. Liu Kang said that 5G has become a must for industry digitalization
The US-Mexico Border Wall near Friendship Park and Tijuana. July 30, 2023. It’s popular within the academy and fashionable intellectual circles to blame rich Westerners for global poverty, or rich Americans for national poverty. Rich people shoulder a lot of the blame for poverty, but not
Students of Casa Escuela, Santiago. Santiago, Chile is one of few Latin American cities where a gringo or West European would find a comfortable home. Mexico City remains the cultural capital of the Americas, but it is suffering from crime, traffic, and pollution. Buenos Aires, once
This is a big week for economic data—durable goods, consumer confidence, GDP, and PCE.Durable goods fell in January, which didn't impact the stock market. Neither did the revised GDP number, which came in slightly lower.Inflation In FocusTraders are anxiously awaiting the PCE data to find
In this edition of StockCharts TV's The Final Bar, Dave continues his market recaps from Dubai, focusing on the impressive rally in small caps, continued strength in Bitcoin, and upside potential for crude oil and oil services stocks. He highlights one technology name in a persistent downtrend,
Industry opportunities driven by developments in 5G Standalone, 5G-Advanced, enterprise IoT and AI, GSMA Open Gateway and new revenue realisation through the BCE standard. New figures from GSMA Intelligence (GSMAi) show 5G connections are expected to represent over half (51%) of mobile connections by 2029, rising