Graphite is an excellent conductor of heat and electricity and also has the highest strength of any natural material. However, it wasn’t until recently that the metal began to gain popularity. Interest in graphite mining is increasing in large part because lithium-ion batteries are becoming more common. These batteries are…
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Starbucks offered incoming CEO and Chair Brian Niccol a pay bump and hefty one-time awards to lure him from his prior role as chief executive at Chipotle Mexican Grill. Niccol officially takes the reins at the embattled coffee chain on Sept. 9. As CEO, he’ll be tasked with turning around the company’s…
A bipartisan group of lawmakers sent Meta CEO Mark Zuckerberg a letter on Thursday expressing concern that the company is failing to prevent illicit drug advertisements from running on its platform. The House members cited recent reports from The Wall Street Journal and nonprofit Tech Transparency Project, which uncovered a flood of ads on Facebook and Instagram that…
At least 449 people were likely sickened by cucumbers tainted with Salmonella bacteria, the U.S. Centers for Disease Control and Prevention said Wednesday. Since June, the agency has been investigating an outbreak linked to cucumbers originating with producers in Florida. In its latest update, it said individuals in 31 states…
In this video from StockCharts TV, Julius assesses various rotations using Relative Rotation Graphs, starting at asset class level and then moving to sectors. Julius zooms in on the industries of two sectors to get an idea of where pockets of out-performance may exist in the current market. He then…
Stronger than Expected The recent rally out of the August 5th low is definitely stronger than I had anticipated. I was watching the resistance zone between 5350 and 5400, but that area was passed as if there was no supply whatsoever, at least at the index level. Looking at the…
In this edition of StockCharts TV‘s The Final Bar, Dave recaps another strong up day for growth leadership names, with ULTA and NVDA powering higher after retail sales numbers pushed aside inflation fears. He notes the cautious positioning in the NAAIM Exposure Index, Bitcoin’s failed attempt to push above the 60K level,…
When the general market is recovering from a pullback, there can be great opportunities to buy on the dip. But how do you identify which stocks to buy? In making this critical judgment, the StockCharts Technical Rank (SCTR) can be an essential tool. There are many ways to use the…
Celebrities have a ‘powerful’ ability to influence elections and increase voter turnout, a Harvard study found. ‘While some polling shows that people claim they aren’t influenced by celebrity voices when it comes to politics, more rigorous evidence indicates that these voices are incredibly powerful,’ reads a study conducted by Harvard’s…