The Israeli military is striking what it says are “terror targets in Lebanon” after identifying that Hezbollah was “preparing to fire missiles and rockets toward Israeli territory.” “A short while ago, the IDF identified the Hezbollah terrorist organization preparing to fire missiles and rockets toward Israeli territory,” Israel Defense Force…
Editor’s Note: This story contains graphic and disturbing descriptions of sexual violence. Ibrahim Salem, 34, said he felt a deep sense of dread when a soldier ordered him to undress during his captivity in Israel’s notorious Sde Teiman prison. “They told me to strip,” the Palestinian said, reflecting on the…
It’s been nearly two years since Jackson Hole Jay saw his shadow and we all endured 6 more weeks of harsh market weather. If you need a reminder, August 26, 2022 was the day Fed Chief “Jay” Powell climbed out of his Jackson “Hole” Economic Symposium to announce “more pain…
Peloton’s (PTON) stock soared over 38% on Thursday after the company posted positive free cash flow for the second quarter in a row—a first since 2021. Is the turnaround working? Maybe. But investors aren’t waiting around—they’re hopping on. Peloton came to my attention while reviewing the Market Movers panel on…
When a stock surges based on a strong earnings report, analyst upgrade, or other fundamental factors, it’s tempting to jump into the stock. But often, when a stock’s price spikes due to a one-off fundamental event, there’ll be a pullback, one that will present a better technical picture of the…
On the weekly Relative Rotation Graph, the rotation still favors almost every sector over Technology. I discussed the opposite rotations between weekly and daily RRGs in last week’s video, which you can find here. Real Estate Working off this weekly chart, many tails are drawing attention to themselves. First of…
In this edition of StockCharts TV‘s The Final Bar, Dave completes a five-part series covering ten charts to watch in August 2024, breaking down to stocks in established downtrends. What would we need to see to confirm a rotation from a distribution phase to an accumulation phase, and where should you set…
In this StockCharts TV video, Mary Ellen reviews the broader market’s health while highlighting big shifts into newer areas, including banks, retail, and autos. Sharing one of the reasons Tech stocks were weak, she highlights which areas as seeing renewed strength. She also looked at individual stocks that are poised to…
The Home Construction ETF (ITB) is leading the market as it surged to a new closing high this week. While this high is certainly bullish and points to upside leadership, the real signal triggered back in early July as the Trend Composite turned bullish with an outsized move. Let’s review…
In a Friday (August 23) speech at the Jackson Hole Economic Symposium, US Federal Reserve Chair Jerome Powell indicated that adjustments to the central bank’s benchmark rate are on the way. “The time has come for policy to adjust. The direction of travel is clear, and the timing and pace…