It will take more than the moon blocking out the face of the sun for Emily Gegg and Amanda Schwent to charge more for moonsicles. The best friends and co-owners of Luna’s Shaved Ice have stockpiled 25,000 of their frozen fruit pops to sell for $3 apiece to visitors descending…
The NCAA Women’s Basketball National Championship is set to smash viewership records as star players and greater TV coverage drive more fans than ever to the sport. The matchup between Iowa and South Carolina, both No. 1 seeds, is slated for 3 p.m. Sunday at the Rocket Mortgage Fieldhouse in…
In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond minor incremental highs and may largely continue to stay under consolidation. In line with the analysis, the Nifty did form a new lifetime high, but eventually…
The likelihood of silver reaching $50 an ounce this year is a ‘real possibility,’ according to analysts. More conservative yet bullish forecasts plot silver’s target range between $35 and $50. What’s driving the bullish outlook? The global silver supply is expected to climb amid a fourth straight annual deficit in…
The Markup Phase of a Bull Market is glorious to behold and participate in. But they do ebb and flow. The bullish run in the major stock indexes has been persistent in 2024. We often discuss the quarter-end effect for stock index trends and the upward trend has persisted into…
Strong Rotation on the Weekly RRG For a few weeks already, the improvement in the energy sector (XLE) is becoming increasingly visible in the lengthening of the XLE tail on the Relative Rotation Graph. The recent rotation from lagging into improving on the weekly RRG is now starting to pick…
One day doesn’t make a trend—that’s one lesson we learned from this week’s stock market action. The March non-farm payrolls data revealed that the US economy added 303,000 jobs, which is higher than the estimated 200,000. The unemployment rate dropped to 3.8%, down from 3.9%. After yesterday’s massive sell-off—mainly due…
The VIX ended the week just above 16, bringing it to its highest level in 2024. What does this tell us about investor sentiment, and how does this compare to previous market cycles? Let’s take a quick tour of market history through the lens of the VIX, focusing on which levels…
In this edition of StockCharts TV‘s The Final Bar, Dave answers questions from The Final Bar Mailbag. Today he talks about how to use the ADX indicator, how growth vs. value may have formed a double top pattern, how to use VWAP for intraday and historical analysis, and what a sell signal…
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen shares what to be on the lookout for to tell if it’s safe to put new money to work. She also shares the weakness in select sectors and which areas she suggests to underweight. Last up, the art of buying stocks…