The momentum phenomenon has been a fixture in the US equity markets for decades. There are two types of momentum to consider: absolute momentum and relative momentum. Absolute momentum refers…
Editor's Pick
Dow tumbles 500 points, posts worst day since March 2023 after hot inflation report
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Stocks dropped on Tuesday after hotter-than-expected inflation data for January spiked Treasury yields and raised doubts that the Federal Reserve would be able to cut rates several times this year,…
As consumers continue to struggle with persistently high inflation, Target is unveiling a low-price, in-house brand it’s calling dealworthy. Target’s dealworthy products will start at less than $1, with most…
On February 28, the Supreme Court will hear arguments in two cases involving state laws in Texas and Florida that increase transparency and accountability for Big Tech companies. The laws…
With news of a national security threat from possible Russian nuclear weapons in space, as well as wars in the Middle East and Europe and the prospect of another over…
Young adults’ wealth is growing, but they’re still living and spending in the here and now. Many feel they don’t have a choice. The net worth of Americans ages 18-39…
A new ranking of presidents by a group of self-styled experts determined that Abraham Lincoln is America’s greatest president, while Donald Trump ranks last. Lincoln topped the list of presidents…
Economy
German space commander warns Russian nuclear weapon could destroy ‘global commons’: ‘Nobody would survive’
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The commander of German Space Command, Maj. Gen. Michael Traut, said a Russian nuclear weapon detonating in orbit could permanently destroy ‘global commons.’ Speaking at an event Friday night on the…
The 66th Daytona 500, one of the biggest NASCAR races of the year, has been rescheduled for Monday, Feb. 19. For anyone watching, it will look like a rerun of…
A Buying Climax typically concludes a long term uptrend. The rally phase from the October low of 2023 has these climactic characteristics. This advance comes after a major trend that…