The dollar index is close to testing the September low At this morning’s market opening, the dollar index made a bearish gap from 101.10 to 101.00 Dollar index chart analysis…
That’s a great question, because we saw some very nice gains and we’re now approaching all-time highs, especially on the Dow Jones ($INDU) and S&P 500 ($SPX). The more growth-oriented…
Boeing’s factory workers walked off the job early Friday, halting production of the company’s best-selling airplanes after staff overwhelmingly rejected a new labor contract. It’s a costly development for the…
A single-vehicle collision last month involving a Tesla Semi electric truck took 50,000 gallons of water to extinguish and required aircraft to dump fire retardant overhead, according to a preliminary report on Friday from…
Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch a few big trends and these…
In this StockCharts TV video, Mary Ellen reviews the broader markets and highlights pockets of strength that are starting to trend higher. She also shares add-on plays to the move into…
While the S&P 500 finished the week once again testing new all-time highs around 5650, the Nasdaq 100 remains rangebound in a symmetrical triangle or “coil” pattern. While this pattern…
This week’s stock market action may have caught many investors by surprise. After last week’s massive selloff, this week’s turnaround reignited investor enthusiasm in equities. Large-cap growth stocks were the…
Amazon is bumping its average national pay for contracted delivery drivers to roughly $22 an hour, up from $20.50 an hour, the company said Thursday. The wage increase is part of Amazon’s $2.1…
Leveraging ChatGPT for enhanced trading strategies Recently stock trading has been going through a major change in technology. The industry had been dominated by human brokers and personal relationships on…