Today Carl and Erin cover the topic of On-Balance Volume (OBV) as a representation of volume trends. This came to their attention as they uncovered an OBV negative divergence on the SPY chart. Carl completes a review of the weekly charts for the Magnificent 7 stocks, giving us a more…
In this edition of StockCharts TV‘s The Final Bar, Dave and guest Julius de Kempenaer of RRG Research talk sector rotation, growth vs. value, offense vs. defense, and an outlook for the US equity markets as we begin Q2 2024. Dave also charts the strong breadth readings and low volatility and what…
The U.S.’s top general said Thursday that Washington has not sent all requested military arms to Israel as the brutal fight in Gaza continues, a conflict that has drawn condemnation from both sides of the political aisle. ‘Although we’ve been supporting them with capability, they’ve not received everything they’ve asked…
Former President Donald Trump is aiming to break a brand-new fundraising record just set by President Biden. Biden, in a fundraising appearance with former Presidents Barack Obama and Bill Clinton at New York City’s Radio City Music Hall on Thursday night, hauled in over $26 million. The president’s re-election campaign…
Polish Prime Minister Donald Tusk urged European nations to step up investment in their defense, saying the continent isn’t ready for the current ‘prewar era.’ Tusk made the remarks during a recent interview with various European newspapers. ‘I don’t want to scare anyone, but war is no longer a concept…
The Biden administration has authorized the transfer of billions of dollars in bombs and fighter jets to Israel despite concerns from Washington about a probable military operation in southern Gaza. The weapons package includes more than 1,800 MK84 2,000-pound bombs and 500 MK82 500-pound bombs, Pentagon and State Department officials…
Three top communication staffers in Pennsylvania Senator John Fetterman’s office left for other left-leaning offices, all within the span of a month. The departures come as the Pennsylvania Democrat has made headlines for his stances on Israel and immigration, separating him from his fellow Democrat colleagues. Joe Calvello formerly worked…
Democratic House Minority Leader Hakeem Jeffries, D-N.Y., shared a brief post on social media Thursday evening, criticizing Republicans who are pushing to impeach Homeland Security Secretary Alejandro Mayorkas. ‘Extreme MAGA Republicans are demanding a full impeachment trial in the Senate,’ Jeffries wrote in a post on X. ‘They want to…
Cuba’s repressive Communist dictatorship relies on more than brute force to oppress its people. The Castros and their successors keep Cubans in line by controlling what information they can receive and transmit. That’s why, when demonstrations against shortages of food and other necessities began on March 17, the regime cut…
Lawmakers have long shied away from serious discussions about entitlement reform, but the issue appears to be coming back into focus for Republicans who are wary about the growing national debt. ‘I definitely have noticed it,’ veteran GOP strategist Doug Heye told Fox News Digital of the uptick in GOP-led…