Using technical indicators to identify stocks fundamentally undervalued but technically strengthening is a common practice. But, using indicators to find fundamentally strong stocks that happen to be technically undervalued (or…
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S&P 500 & Nasdaq Composite Approach Critical Resistance; Watch for These Important Levels!
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A tug-of-war with no clear winner—that’s what the stock market seemed to be playing this week. With a Fed meeting, key economic data, and more earnings on top, will a…
Whenever we see price gapping up or down, as happened with META in February, we prepare for the possibility of an island reversal. After the gap up, price forms a…
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New deep-water channel allows first ship to pass Key Bridge wreckage in Baltimore
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BALTIMORE — The first cargo ship passed through a newly opened deep-water channel in Baltimore on Thursday after being stuck in the harbor since the Francis Scott Key Bridge collapsed four weeks…
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Congress approved a TikTok ban. Why it could still be years before it takes effect.
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TikTok’s fate in the U.S. has never been more in doubt after Congress approved a bill that gives its parent company two options: sell it to an approved buyer or…
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UAW’s Tennessee win fuels backers’ hopes in the South, but some skeptics are unmoved
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The United Auto Workers just notched a historic victory in Tennessee, the union’s first major win since signing new contracts in Detroit as it shifts focus to the South. Some…
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Workers earning up to $58K a year could soon become eligible for overtime pay
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Millions more Americans could become eligible for overtime pay. The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for time-and-a-half pay after 40 hours of…
Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. The company has considered filing for bankruptcy to help it restructure its…
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Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025
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Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will hamper its growth into 2025. The airline expects…
A made-in-China electric vehicle will hit U.S. dealers this summer offering power and efficiency similar to the Tesla Model Y, the world’s best-selling EV, but for about $8,000 less. The…