Today's stock market action uncovered some unusual activity. While the broader stock market indexes rose—the S&P 500 hit a record close, and the Dow Jones Industrial Average snapped a three-day losing streak—it was interesting that Communication Services and Technology were the worst-performing S&P 500 sectors.The
In this edition of StockCharts TV's The Final Bar, guest David Hunter of Contrarian Macro Advisors shares his updated target for the S&P 500, and makes the case for a bullish melt-up phase for stocks, bonds, and gold. Dave Keller focuses in on the relative performance
SummaryThe Relative Rotation Graph for US Sectors for this week mainly shows a continuation of the rotations as they were underway last week.XLB : Moving from lagging into improving at a strong RRG-Heading, underscoring the building up of relative strength for this sector.XLC : Stable
Full disclosure: While there are many ways to view the following, this article will deliberately view the matter from a bearish angle.While some investors look to KRE—the SPDR S&P Regional Banking ETF—as a possible "long" prospect, especially once the Fed begins cutting rates, it's essential
Toward providing an open platform to connect people and things (IoT) Jasmy Incorporated and Panasonic Advanced Technology Development Co.,Ltd. have started collaborating to develop a platform that integrates information generated by individuals with information generated by things, enabling highly secure processing. The Jasmy platform, which includes the
Bank sign on a traditional building facade. We are observing a great debate between the US banking regulators who wish to impose new, so-called “Basel III Endgame” rules to significantly increase bank capital, on one side, and the banks who argue they already have more than
A realistic model of RoboCop, from the 1987 cyberpunk dystopian film by MGM. One of my favorite movies growing up was RoboCop, Paul Verhoeven’s 1987 dystopian classic. The movie, which was probably way too violent for a 10-year-old, depicts a fictional future in which Detroit is ravaged
In this edition of StockCharts TV's The Final Bar, Dave welcomes guest Mary Ellen McGonagle of MEM Investment Research. David compares two stocks in the same industry group with dramatically different chart patterns. Which one would you want to own here and why? Mary Ellen shares three
We were perusing the Advance-Decline Line charts that we have and noticed something that surprised us. The Nasdaq Advance-Decline Line is trending lower while prices continue higher. This is negative divergence we didn't expect to see.What makes that negative divergence even more interesting is looking
IoT Analytics today released the results of the quarterly company earnings call analysis. This analysis is based on a comprehensive dataset of Q1 2024 earnings calls from 6,000+ leading US-listed firms. The findings from Q1 2024 show that three key themes are currently trending in CEO