Famine has officially been declared in at least one refugee camp sheltering hundreds of thousands of people in the Darfur region of Sudan, food security organizations announced, a stark warning of the cost being paid by the population after 15 months of civil war. Famine has been ongoing in the…
The children of two Russian intelligence agents, who were among the detainees released as part of a historic prisoner swap, only discovered their nationality when they were being flown to Moscow, the Kremlin said Friday. Their parents, Artem Dultsev and Anna Dultseva, were among 24 prisoners swapped as part of a complex,…
The pounding of sustained gunfire and artillery had rattled Khin Swe’s home in northeastern Myanmar for days, with shelling getting ever closer until it was impossible for her to remain. “There was nothing we could do to be safe, except to run,” said the 28-year-old online sales rep. Like many…
The statement that upended Venezuela came 24 hours after polls closed in the presidential election. With the reassuring tone of someone who has consistently been considered an underdog, opposition powerhouse Maria Corina Machado announced that her coalition had gathered more than two-thirds of vote tally sheets from polling centers nationwide, and that…
Eight people were arrested and three police officers were injured during violent unrest in Britain’s northeast, the latest in a wave of protests around the country after the fatal stabbing of three children earlier this week. The eight were taken into custody on Friday night in Sunderland, Northumbria Police Chief Superintendent Helena…
At least 32 people have been killed and dozens injured in a suicide attack at a beach restaurant in the Somali capital Mogadishu on Friday, state media SONNA reported Saturday. Six members of the Somali militant group al-Shabaab targeted the restaurant at the Beach View Hotel using a suicide bomb,…
The S&P 500 index ($SPX) is a capitalization-weighted stock index. Many lesser capitalization blue-chip stocks that compose these 500 companies have been performance laggards. Though smaller companies in the index, these corporations are among the bluest of the blue-chip stocks. These prestigious corporations have been overshadowed by the immense mega-capitalization…
The broad market and the group are big drivers for stock performance. Recently, the Nasdaq 100 ETF (QQQ) led the market lower with sizable declines over the last five weeks. Weakness in QQQ weighed on tech stocks and tech-related industry groups, such as semis, software and cybersecurity. The PerfChart below…
And then ….. all of a sudden….. things are heating up. Lots of (downside) market action in the past week. Let’s see what sector rotation and RRGs can tell us. The RRG at the top is a daily RRG, as recent price action has significantly impacted near-term rotations. The main…
The dog days of summer are here. And the stock market gives us a brutal reminder of this. The first trading day of August began on a very pessimistic note. Thursday’s weak manufacturing data spooked the stock market. All broad stock market indexes, including the S&P 600 Small-Cap Index ($SML)…