Despite the strength in some key growth stocks in January, semiconductors have been decidedly rangebound for most of the last six months. While this week’s breakout of the range appears…
No changes in the top-5 At the end of this week, there were no changes in the ranking of the top-5 sectors. (1) XLY – Consumer Discretionary(2) XLF – Financials(3)…
Elon Musk and Sam Altman spar over Trump’s Stargate AI investment announcement
A war of words between Elon Musk and Sam Altman escalated on social media Thursday, as two of the most powerful men in tech sparred over their rival artificial intelligence initiatives. …
Mag7 ETF Leads as Bullish Pattern Forms – Charting the Trends and Trading Setups for the Mag7 Stocks
The Mag7 ETF (MAGS) formed another short-term bullish continuation pattern as it worked its way higher since the triangle breakout in mid September. This report will also analyze the long-term…
Gold mining stocks have been climbing since the end of December, a trend that usually goes unnoticed unless gold — often dismissed as an “old relic” — undergoes one of…
The Biotech industry group is making a comeback and the ‘under the hood’ chart displays new strength coming into the group. We have a constructive bottom that price is breaking…
Store closures hit highest level since pandemic — see who’s shutting down the most locations
Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go…
UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing
UnitedHealthcare on Thursday tapped company veteran Tim Noel as its new CEO following the targeted killing of its former top executive, Brian Thompson, in Manhattan in December. Noel was the head of…
Remember that old commercial, “It’s not nice to fool Mother Nature?” Well, there should be another one pertaining to the stock market, “Don’t bet against a secular bull market advance!”…
Despite periodic rallies that have buoyed the home improvement retail sector, Lowe’s (LOW) is showing signs of potential weakness. Recent price action in Lowe’s stock and lagging growth metrics suggest…