The United States formally recognized Venezuelan opposition leader Edmundo Gonzalez as the country’s president-elect following the disputed July 28 presidential election, Secretary of State Antony Blinken announced Tuesday on X. “The Venezuelan people spoke resoundingly on July 28 and made Edmundo Gonzalez the president-elect. Democracy demands respect for the will…
Iran has defied international demands to rein in its nuclear program and has increased its stockpile of uranium enriched to near weapons-grade levels, according to a confidential report by the United Nations’ nuclear watchdog seen Tuesday by The Associated Press. The report by the International Atomic Energy Agency said that…
China showed off its rapidly advancing military technology by unveiling a string of cutting-edge hardware at the country’s largest airshow last week. The biennial event in the southern city of Zhuhai has become a rare public window into the military and industrial might of the rising communist-controlled superpower, while also…
Brazilian police have arrested five people, including a former adviser to ex-President Jair Bolsonaro, over an alleged plot to assassinate President Luiz Inácio Lula da Silva in 2022, authorities said. The coup plot was conceived in late 2022, before Lula took office, according to Federal Police. In addition to killing…
Brazilian police have arrested five people, including a former adviser to ex-President Jair Bolsonaro, over an alleged plot to assassinate President Luiz Inácio Lula da Silva in 2022, authorities said. The coup plot was conceived in late 2022, before Lula took office, according to Federal Police. In addition to killing…
A vital humanitarian organization said it will suspend activities in Haiti’s capital on Wednesday following a “series of threats” by local police, in a move that threatens to bring a further deterioration of conditions in the Caribbean nation that has struggled for years with gang warfare and political turmoil. Doctors…
Jimmy Lai, the pugnacious Hong Kong media tycoon whose now shuttered tabloid Apple Daily was a regular thorn in Beijing’s side, is expected to testify on Wednesday at his own national security trial in a high stakes court battle that could see him spend the rest of his life behind…
In this video, Dave outlines three tools he uses on the StockCharts platform to analyze sector rotation, from sector relative strength ratios to the powerful Relative Rotation Graphs (RRG). Dave shares how institutional investors think about sector rotation strategies, evaluating the current evidence to determine how money managers are allocating…
Even though the iShares Semiconductor ETF (SMH) and the VanEck Semiconductor ETF (SOXX) have many similarities, there are some big differences in their component weightings and performance. Namely, SMH allows more concentration than SOXX and SMH is holding up better than SOXX. SOXX already broke down on the price chart…
There are times when the price action of a stock is worth analyzing further. This article is a follow-up to last week’s StockCharts Technical Rank (SCTR) Report pick, Palantir Technologies (PLTR). The stock sold off significantly on Monday, and, in the blog post, I mentioned that I would buy PLTR…