Good morning and welcome to this week’s Flight Path. The “Go” trend in equities is well and truly back as we saw a string of uninterrupted blue bars this week…
On this video from StockCharts TV, Julius assesses the quality of the breakout in the S&P 500, using sector rotation on Relative Rotation Graphs, the volume pattern in the S&P…
Today Erin takes a deep dive into the Semiconductors (SMH). She goes over the “under the hood” health of the industry group and then takes us within the industry group…
Editor's Pick
Bruce Nordstrom, who helped grow family-led department store chain, dies at 90
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SEATTLE — Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand, has died. Seattle-based Nordstrom Inc. said its former…
Editor's Pick
Chevy Bolt owners to receive settlement checks after successful class-action suit over faulty batteries
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Chevy Bolt owners are eligible for settlement checks as part of a $150 million class-action settlement with General Motors and South Korean industrial group LG over faulty batteries. According to…
More consumers are saving their workday lunch money to burn when they’re off the clock. The rise of hybrid work has kept many bars’ and restaurants’ lunchtime business from recovering…
Economy
Advocates for IRS whistleblowers accuse Special Counsel Weiss of retaliation, misleading: ‘Smear campaign’
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Lawyers for two IRS whistleblowers who informed Congress about the Hunter Biden criminal probe are seeking an inspector general investigation into Special Counsel David Weiss, alleging he ‘hid and twisted’…
A helicopter carrying Iranian President Ebrahim Raisi crashed in Iran’s East Azerbaijin province Sunday into a fog-shrouded forest. As multiple emergency crews instigated search-and-rescue operations, speculation mounted as to what…
Last week’s rally to record highs was due, at least in part, to a rather tame CPI report released on Wednesday. Inflation has been at the heart of nearly every…
Economy
Stefanik defends speech at Israel’s Knesset torching Biden, Democrats: ‘Equivocation after equivocation’
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House Republican Conference Chair Rep. Elise Stefanik, R-N.Y., on Sunday defended a recent speech she delivered to the Israeli Knesset in Jerusalem, torching President Biden’s ‘betrayal of the importance of…