What Congress tackles or fails to accomplish often boils down to ‘the math.’ But a potential crisis over the debt ceiling later this year could really be about the math,…
Democratic Gov. Janet Mills plans to address a joint session of the Maine Legislature on Valentine’s Day. The governor will use the address on the evening of Feb. 14 to…
Economy
Biden approval ratings remain well underwater, far below most recent presidents
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President Biden was on the road for a second straight day Tuesday highlighting the benefits of the bipartisan infrastructure law, one of the top domestic achievements of his tenure so…
The House on Tuesday ignored opposition from President Joe Biden and voted to end the public health emergency related to COVID-19, winning some support from House Democrats on a second…
On Monday, the Daily covered some of the warning signs, particularly in the Regional Banks and Transportation sectors. We ended the Daily by writing this: “Transportation and Regional Banks make up…
“As the S&P 500 goes in January, so goes the year.” If you’re a Stock Trader’s Almanac reader, you’ll be familiar with this adage. According to the Almanac, since 1950,…
It’s a core tenant of how options are priced, and it’s often the trader with the most accurate volatility forecast who wins in the long term. Whether you like it…
In this episode of StockCharts TV’s Sector Spotlight, I address the current state of asset class rotation, then move on to sector rotation. I divide the market in three groups —…
Nearly every member of Mish’s Modern Family improved last week, with the Russell 2000 (IWM), Transportation (IYT), Semiconductors (SMH), and Retail (XRT) all putting in Golden Crosses on their daily charts. Except…
Economy
Tim Scott, Cory Booker still hoping for bipartisan police reform despite slim prospects
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Two of the Senate’s chief negotiators from both sides of the aisle on police reform are still committed to trying to move legislation through Congress, but hopes of a bill…