The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic emergency braking technology by the end of the decade. In an interview, Transportation Secretary Pete Buttigieg said the requirement is designed to reduce pedestrian deaths, which have been on the…
A tug-of-war with no clear winner—that’s what the stock market seemed to be playing this week. With a Fed meeting, key economic data, and more earnings on top, will a winner emerge next week? It was an interesting week in the stock market. Economic data shows that growth is slowing,…
We’ve been covering the signs of weakness for stocks, from the bearish divergences in March, to the mega-cap growth stocks breaking through their 50-day moving averages, to even the dramatic increase in volatility often associated with major market tops. While Q1 was marked by broad market strength and plenty of new…
Over the past trading week, it was expected that while technical pullbacks in the markets may get extended, NIFTY may still continue to remain under corrective pressure at higher levels. The past trading days precisely witnessed this scenario. The markets initially extended their technical pullback and extended their upmove; however,…
The Volatility Index ($VIX) is one of my key sentiment indicators and it has a history of accurately predicting corrections and bear markets. We’ve had neither without the VIX first clearing an important hurdle in the 17-20 range. Bear markets require a huge dose of fear and panic and the…
Democrats are not seeing eye to eye on whether the party has a problem with antisemitism ahead of the November general election. ‘It’s easy to call out people with Tiki torches saying ‘Jews will not replace us’ or the former president saying ‘very fine people on both sides,’ Rep. Jared…
Robert F. Kennedy Jr. responded to former President Trump’s allegations he is a ‘Democrat plant’ and would be a ‘wasted protest vote,’ challenging the presumptive Republican presidential nominee to a debate. ‘When frightened men take to social media they risk descending into vitriol, which makes them sound unhinged,’ Kennedy wrote…
President Biden faced a wave of criticism on Friday — from media outlets and commentators — for stretching the truth during a rare live interview with radio host Howard Stern. During his interview with Stern, Biden spoke about an array of subjects, including a debate with former President Donald Trump…
Supreme Court Justice Clarence Thomas raised a question Thursday that goes to the heart of Special Counsel Jack Smith’s charges against former President Donald Trump. The high court was considering Trump’s argument that he is immune from prosecution for actions he took while president, but another issue is whether Smith…
The S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 31.43 points last week to close at 586.55. The US Bureau of Economic Analysis (BEA) released its advance estimate for first quarter GDP growth this past Thursday (April 25). Though still incomplete, the data shows a slowing growth rate for real GDP —…