It made it! The Dow Jones Industrial Average ($INDU) closed above 40,000 for the first time, another record close for the index. What an exciting week! And most of that excitement came in the last few minutes of the trading week. We’ll take it. After a few weeks of lethargic…
As the S&P 500 and Nasdaq 100 have once again made new all-time highs, and the Dow Jones Industrial Average has briefly broken above the 40,000 level for the first time, how should we think about further upside for our equity benchmarks? There are two general ways to play a…
Top 5 Stocks in “Go” Trends Trend Continuation on Rising Momentum GoNoGo Charts® highlight low-risk opportunities for trend participation with intuitive icons directly in the price action. The resurgence of momentum in the direction of the underlying price trend is an excellent entry opportunity, or the chance to scale up…
On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson walks you through the “heart and soul” of StockCharts – Your Dashboard – and explains how he customizes his layout to serve as a one-stop-shop for following the latest market action. Grayson demonstrates how the “Chart Panels” can be configured to…
Both the S&P 500 and the NASDAQ are sitting at new highs as we wind down a very positive earning season. So far, almost 80% of S&P 500 companies have reported a positive earnings surprise, with the year-over-year earnings growth rate at the highest level since Q2 of 2022. Amid…
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the current market conditions and key areas of growth that are in new uptrends. She then shares how to trade downtrend reversals and stocks that gap up after reporting strong earnings. She then reviews the decline in interest rates, and…
Attorney General Merrick Garland on Thursday slammed ‘unprecedented, frankly unfounded attacks on the Justice Department,’ defending President Biden’s decision to assert executive privilege to block subpoenas for audio of Biden’s interview with special counsel Robert Hur regarding classified documents found in his possession. On his way to an FBI memorial…
The Biden campaign accepted CBS News’ vice presidential debate for this summer, setting the stage for a showdown between Vice President Kamala Harris and whoever is selected as the Republican VP nominee, Fox News Digital has learned. The campaign notified CBS News that they accepted the invitation to participate in…
The Supreme Court on Thursday ruled that the funding mechanism that feeds the Obama-era agency Consumer Financial Protection Bureau (CFPB) is constitutional. In a 7-2 decision, authored by Justice Clarence Thomas, the court held that Congress uniquely authorized the bureau to draw its funding directly from the Federal Reserve System,…
House Speaker Mike Johnson on Thursday hammered President Biden and Senate Majority Leader Chuck Schumer, D-N.Y., over blocked U.S. military aid for Israel with the House expected to vote on a bill to force bomb deliveries to the Jewish state amid its war against Hamas. On the steps of the…