In this video, Mary Ellen analyzes the divergence between the S&P 500 and the Nasdaq while highlighting some of the areas driving Growth stocks. She also talks about the continuation rally in Energy and Utility stocks and shares which stocks are driving these areas higher. This video originally premiered January…
A human rights group has filed a petition with Israel’s top court demanding to know the whereabouts of a prominent Palestinian hospital director detained by the Israeli military. Dr. Hussam Abu Safiya has not been seen publicly since he was arrested during an Israeli raid late last month that closed…
Venezuela’s exiled former presidential candidate, Edmundo González Urrutia, returns to South America Friday in a show of defiance as Caracas prepares to inaugurate current President Nicolas Maduro, who has been in office since 2013. González’s first stop: a meeting with Argentina’s far-right President Javier Milei in Buenos Aires on Saturday.…
A huge fire that erupted at a clothing market in Ghana’s capital, Accra, has destroyed hundreds of livelihoods and businesses. The fire at Kantamanto Market – one of the world’s largest secondhand clothing markets – has since been fully extinguished with no reported injuries or fatalities, Ghana’s National Fire Service…
Transgender dancer Jin Xing’s ascent to the upper echelons of Chinese show business is extraordinary in a nation where it has become increasingly difficult for LGBTQ+ people to live openly. The 57-year-old has been a transgender icon in China for years, admired by some of the country’s most marginalized as…
A group of security forces from Guatemala and El Salvador arrived in Haiti on Friday to reinforce a multinational mission tasked with tackling the country’s rampant gang violence, the Haitian National Police announced. The 75 Guatemalan and eight Salvadoran troops were greeted on the tarmac of the international airport in…
There are a number of effective swing trading systems being used today. Let’s explore one that is popular among Wyckoffians. It uses two inputs: Point and Figure charts and volume. Let’s review this system with a case study of Charles Schwab Corp. (SCHW). As markets are fractal, Accumulation and Distribution…
HAPPY NEW YEAR!!! Ever since the introduction of RRG back in 2011, many people have asked me questions like: “What is the track record for RRG” or “What are the trading rules for RRG”? My answers have always been, and will continue to be, “There is no track record for…
The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we…
We monitor the weekly SPY chart and present it to our subscribers every Friday in our DP Weekly Wrap. We have been watching a bearish rising wedge on the weekly chart. The rising wedge pattern implies that you will get a breakdown from the rising bottoms trendline. That is exactly…