The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest level since mid-November of last year. Rates hit their highest level in a few decades last October, causing…
Toward the bottom of my Mindful Investor LIVE ChartList, there is a series of charts that rarely generate signals. So why would I include things like the Hindenburg Omen and Coppock Curve, which are usually a nonfactor during my regular chart review, in my main list of macro charts? Because…
It’s showtime! On Thursday, after the stock market closes, Netflix, Inc. (NFLX) will announce Q1 earnings. The stock is close to a major resistance level. Will it break through when it reports earnings? Or will it fall? The answer depends on whether it beats or misses. Wall Street analysts expect…
The iShares China Large-Cap exchange-traded fund (FXI) holds the 50 largest large-cap Chinese stocks that trade on the Hong Kong exchange. FXI could soon make a secondary test of its 2022 low. A successful test will show strength, but a failed test will show weakness. Either outcome can produce a…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes guest Danielle Shay of Simpler Trading. Danielle speaks to the downside rotation for the QQQ, SMH, and leading growth stocks, including why the $210 level is so crucial for the SMH. Dave highlights the recent downswing for Bitcoin, the resilience of…
Russian President Vladimir Putin joined international calls for cool heads in the Middle East as tensions remain high following Iran’s unprecedented attack on Israel over the weekend. ‘Vladimir Putin expressed hope that all sides would show reasonable restraint and prevent a new round of confrontation fraught with catastrophic consequences for…
The foreign aid plan Speaker Johnson, R-La., unveiled on Monday night is already facing a growing red wave of opposition from his own colleagues as of Tuesday morning, making it likely he will have to seek House Democratic support to get the proposal passed. Under Johnson’s tentative plan, aid for…
As of this writing Israel has not responded to Iran’s massive attack against it Saturday night. British Foreign Secretary David Cameron relayed, after meeting with Israeli officials on Wednesday that it was ‘clear the Israelis are making a decision to act.’ ‘We hope they do so in a way that…
House Democrats in the ultra-progressive ‘Squad’ are being bolstered by a new joint fundraising venture as they face mounting threats to their jobs. The ‘Protect The Squad’ website that was launched by Justice Democrats, a progressive PAC, appears to have been launched within the last week and is linked to…
Senate Republicans are introducing a bill on Wednesday that aims to prevent foreign nationals from improperly influencing American elections in response to a report outlining how a foreign billionaire allegedly funneled almost $250 million into a liberal dark money network that poured almost $100 million into nationwide ballot campaigns. The…