Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a bid to grab more viewership — especially for its growing streaming platform, Peacock. It appears to have paid off so far — more than 30 million people tuned…
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for the first time in its nearly 90-year history. Volkswagen’s management is expected to lay out its plans before about 18,000 workers at a town hall meeting in…
Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this NFL season, according to projections from the American Gaming Association. That would mark more than 30% growth over the $26.7 billion Americans wagered over the course of last year’s season of…
After Nvidia (NVDA) dropped after earnings this week, investors are once again reminded of the importance of the semiconductor space. I think of semis as a “bellwether” group, as strength in the VanEck Vectors Semiconductor ETF (SMH) usually means the broader equity space is doing quite well. Today, we’ll look at a…
Extended trends often start with big bangs and major breakouts. Chartists can identify “big bang” moves by showing price change in ATR terms. We can use the price charts to identify big breakouts. Today’s example will show Paypal (PYPL), which is part the FinTech ETF (FINX). The ChartTrader weekly report…
Signing Off I want to thank the owner/President of StockCharts.com, Chip Anderson, and his son, Eric, for 25 years of friendship, over 10 years of writing 200+ articles in my “Dancing with the Trend” blog on StockCharts.com. StockCharts.com offers a giant selection of tools and material for investors and traders. Even if…
There are 64 days until Election Day on Tuesday, Nov. 5. But if Americans vote like they did in the last two election cycles, most of them will have already cast a ballot before the big day. Early voting starts as soon as Sept. 6 for eligible voters, with seven…
President Biden claimed Israeli Prime Minister Benjamin Netanyahu is not doing enough to secure a hostage deal with Hamas terrorists. Biden made the remarks to reporters before heading into the Situation Room, where he and Vice President Harris are convening with a hostage deal negotiating team following the murder of…
If there is something you can count on, it is that there seems to be a new scam every day. While we’ve covered different types of Social Security scams over the years, Jeanne from Hackensack, New Jersey, forwarded a new one to share with you. ‘I received this email (displayed…
Israeli President Isaac Herzog eulogized Israeli-American hostage Hersh Goldberg-Polin on Monday, apologizing ‘on behalf of the state of Israel’ after Hamas murdered six captives over the weekend. ‘Beloved Hersh, with a torn and broken heart, I stand here today as the President of the State of Israel, bidding you farewell…