U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly and were rear-ended by motorcyclists. The National Highway Traffic Safety Administration said Monday it initiated an investigation after two Toyota Highlanders equipped with Zoox’s automated self-driving braked unexpectedly. In both cases,…
Fewer homeowners have been taking on remodeling projects, reports show. But don’t mistake it for a slow market. The Leading Indicator of Remodeling Activity, an outlook measuring home improvement and repair spending on owner-occupied homes, peaked at 17.3% in the third quarter of 2022. The LIRA has been declining since, and slid…
Good morning and welcome to this week’s Flight Path. We saw some resolution of the uncertainty in the markets this past week. Equities came out of a string of amber “Go Fish” bars to paint an aqua “Go” bar on Friday. The $SPY is a “Go”. However, as we’ll see, there remain some…
Today’s focus was on the current and long-term conditions of Bonds and Yields which are at an inflection point. Yields are attempting to hold onto a rising trend and Bonds are plodding along to the upside for now. One reader asked if it is time to start dollar cost averaging…
In this exclusive interview, StockCharts’ Grayson Roze sits down with Tony Zhang, Chief Strategist at OptionsPlay. Tony shares an informative overview of the Covered Call Strategy, explains how it can be used to generate reliable income for your portfolio, and explores best practices for the strategy including expiration and strike…
In this edition of StockCharts TV‘s The Final Bar, Dave uncovers strength in SQSP using the Stochastics Oscillator and the StochRSI indicator. He shares his favorite chart for analyzing relative strength ratios for leading stocks, and also answers viewer questions on price patterns for XLB and PYPL, plus best practices for monthly…
Secretary of State Antony Blinken on Sunday delivered one of the Biden administration’s strongest public rebukes of Israel, amid its war with Hamas in Gaza. During a pair of TV interviews, Blinken said the United States wants Israeli forces to ‘get out of Gaza’ amid what he described as ‘a…
A Republican senator hammered President Biden on Sunday for withholding weapons from Israel, which he claimed has inadvertently ‘strengthened’ the Hamas terror group. Sen. Pete Ricketts, R-NE, said the Biden administration’s decision to withhold high payload bombs from Israel ‘just demonstrates their incompetence.’ He also compared the current conflict with…
The mother of a 23-year-old American among the 132 hostages who remain held by Hamas militants said Sunday that the U.S. should not be considered a ‘neutral negotiator’ and ‘was also a victim’ on Oct. 7. On Mother’s Day, Rachel Goldberg-Polin, mother of 23-year-old Hersh Goldberg-Polin, said during an appearance…
The legacy of Israeli Prime Minister Benjamin Netanyahu may be at a crossroads, Sen. Chris Coons, D-Del., said Sunday, as Israel looks to launch a direct assault on the Hamas stronghold of Rafah. Coons appeared on ABC’s ‘This Week’ and said he hopes Netanyahu is thinking about his legacy after…