AUDUSD and AUDNZD: AUDUSD grabs a new high above 0.69300 Friday took the AUDUSD to a new 20-month high at 0.69373 On Tuesday, the AUDNZD retreated to the 1.08500 level…
China’s Shanghai Composite Index ($SSEC) surged higher last week by roughly 13%, which was one of its largest 1-week gains over the past decade. There were solid economic reasons for…
Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight words that underscore how contentious the bank’s relationship with the government has become. The lender disclosed that the Consumer Financial Protection…
In this StockCharts TV video, Mary Ellen reviews the broader markets, including sector and industry group rotation, before highlighting the sharp move into Chinese stocks. She shares her thoughts on whether…
That’s a great question right now as many folks still remain quite nervous. The Volatility Index ($VIX), for example, gained more than 10% today, despite a minimal decline in the…
Stock Market Regains Bullish Edge: Can Geopolitical Tensions Change Its Direction?
There’s one trading day left for the month of September. Unless something drastic happens over the weekend, the stock market looks like it has bucked the September seasonality pattern of…
As we near the end of what has been a fairly solid Q3 for the equity markets, we are left with the eternal question for investors: “What’s next?” We now…
On Friday mornings in our DP Diamonds subscriber-only trading room, the DecisionPoint Diamond Mine, I like to look for a “Sector to Watch” and an “Industry Group to Watch” within.…
A few weeks back, two gold mining ETFs made it to the top 10 of the StockCharts Technical Rank (SCTR) Report, and they’re still holding strong. Given the low trading…
Bitcoin and Ethereum: Bitcoin increasingly safe above $65000 Last night, Bitcoin’s price climbed to a new weekly high at the $65851 level The price of Ethereum is increasingly stable above…