Mourners wept and monks prayed at a cremation ceremony Tuesday in a small town in central Thailand for 23 young students and teachers who died in last week’s bus fire on a school field trip. A large cremation site was set up close to the temple in Lan Sak town whose compound…
North Korea’s army said it will take the “substantial military step” of completely cutting off its territory from South Korea on Wednesday, after months of fortifying its heavily armed border. The announcement, which comes after North Korean leader Kim Jong Un scrapped a longstanding policy of seeking peaceful reunification with South Korea earlier…
The Italian government is facing a new set of challenges as it prepares to open two migrant processing centers in Albania in October where men rescued at sea en route to Italy will be processed for asylum. It’s a move which the hard-right administration says will combat human trafficking and allow in only those who have…
Fay Manners and Michelle Dvorak were perched high on the snowy face of a Himalayan mountain when disaster struck their quest to become the first to summit its peak. At more than 6,000 meters (about 20,000 feet) above sea level, a falling rock sliced through the rope carrying Manners’ bag,…
Monday saw something of a bloodbath on Wall Street, with the Dow ($INDU) plunging over 500 points at its worst and the S&P 500 ($SPX) and Nasdaq ($COMPQ) falling over 1%. Higher oil prices, triggered by tensions in the Middle East, played a big hand in Monday’s market mayhem. In…
Apologies for revisiting Carvana (CVNA), but it has such a beautiful chart pattern playing out the way it should. After bottoming out in a cup with handle pattern on the weekly chart and breaking out of the handle, Carvana stock has been in an upward-moving trend. The stock has now…
In this video from StockCharts TV, Julius presents a few conflicting rotations and signals that continue to warrant caution while the S&P 500 keeps hovering just above support. With the negative divergences between price and MACD/RSI remaining intact, SPY should not break 565. Julius looks at rotations in asset classes,…
As an investor and a technical analyst, there are numerous tools available for you on StockCharts that you can use to find tradable opportunities. One idea is to begin with a survey of top-performing sectors. It’s Wednesday morning; the Dow jumped 400 points, the S&P 500 ($SPX) hit a record…
In this exclusive StockCharts TV video, Joe presents the price pattern to follow the recent breakout in the S&P 500. He discusses narrow range bars, wide range bars and when they are important. Joe then explains what needs to take place now to either confirm a breakout or a failure…
Even though the S&P 500 index appears to be relentlessly pursuing new all-time highs, the traditional seasonal weakness in October leads me to be very focused on risk management right about now. After my latest conversation with fellow StockCharts contributor Joe Rabil, in which I got to hear his thoughts…