At least 40 people have died after the boat they were traveling in caught fire off the coast of Haiti earlier this week, the International Organization for Migration (IOM) reported on Friday, citing local authorities. The vessel left Haiti on Wednesday carrying over 80 migrants, and was headed to Turks…
French lawmakers reelected Yaël Braun-Pivet as president of the National Assembly Thursday, overcoming a political deadlock after the hung parliament of July’s parliamentary elections. Braun-Pivet, a lawmaker from French President Emmanuel Macron’s own centrist party, also served as the last assembly president. But her reelection was far from assured, after…
Hiroshima, the Japanese city devastated by a US atomic bomb in 1945, is at the center of a growing controversy after local officials dismissed calls to disinvite Israel from its annual ceremony promoting world peace as war rages in Gaza. Every year on August 6, Hiroshima gathers foreign officials, along…
America’s two most powerful allies in the Pacific are taking their defense ties to new heights amid increasing concerns over China’s assertiveness in the region and North Korean threats, Japan’s top general said Thursday. Before a trilateral meeting with US Chairman of the Joint Chiefs Gen. CQ Brown and South…
(This is an excerpt from the subscriber-only DecisionPoint Alert) We noticed a double top on the Semiconductor industry group (SMH) that looks very much like the NVIDIA (NVDA) chart. NVDA is clearly the bellwether for the group and it appears all of the Semiconductors are feeling the pain. The downside…
In this edition of StockCharts TV‘s The Final Bar, Dave shares a market update including key levels to watch for the S&P 500 index, what a VIX above 15 means for a possible market correction, the improvement in value-oriented sectors, and why DPZ may be the world’s most perfect illustration of the…
Small-caps took the lead over the last two weeks with the S&P SmallCap 600 SPDR (IJR) surging over 10% in five days and hitting a new high. IJR also broke out of a long consolidation and this breakout is bullish. There are now three possibilities going forward. First, IJR continues…
The S&P 500 remains in a primary uptrend, as confirmed by a fairly consistent pattern of higher highs and higher lows. But what would confirm that a top is in place for our major equity benchmarks? To answer that, it may be helpful to review other charts that have recently experienced tops,…
In this edition of StockCharts TV‘s The Final Bar, Dave answers viewer questions on the best time frames for viewing charts, insights on using Vanguard ETFs for sector rotation, the duration and effect of the Hindenburg Omen indicator, how stocks are indexed in Dow Jones Groups on StockCharts, and more! This video…
Seasonally, the first two weeks of July have been great for the stock market. Now that the first two weeks of July are behind us, will the stock market take a breather until September? After how the market acted this week, it certainly feels that way. Let’s start with a…