The Israeli military has detained a convoy of United Nations vehicles in northern Gaza, according to a statement. The Israel Defense Forces were acting “following intelligence that a number of Palestinian suspects were present in the convoy” and delayed the convoy in order to question them, it said. The IDF…
A Singaporean man has been ordered to repay more than 38 million Australian dollars ($25.7 million) after he lost big during a gambling spree at an Australian casino over the span of a few days. Queensland’s Supreme Court ruled Monday that Yew Choy Wong owed that amount to the Star…
American and Chinese military commanders spoke in a long-anticipated call Tuesday as the two powers seek to manage their intensifying rivalry in a contentious Asia-Pacific region – and repair lines of military communication severed more than two years ago. US Indo-Pacific Command Adm. Samuel Paparo and Gen. Wu Yanan, commander…
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH). Looking at the daily chart below, we can see the pattern developing. However, we do have to point out participation. Note the very low percentages on %Stocks > 20/50EMAs. These are…
Good morning and welcome to this week’s Flight Path. Equities flashed an uncertain “Go Fish” bar at the end of the week as the markets became even more unsettled. Treasury bond prices remained in a “Go” trend and saw that trend was strong for almost all of last week. U.S. commodity…
Any strategy that trades stocks needs some sort of market timing mechanism to identify bull and bear markets. Typically, stock strategies are fully invested during bull markets because risk is acceptable. Strategies move to cash during bear markets because risk is above average. Preserving capital during bear markets is important…
The recent decline last week revealed that the artificial intelligence bubble is deflating. Magnificent Seven stocks are unwinding in response to investors losing confidence in the AI trade in general. Carl gives us a complete picture of the Magnificent Seven in the short and intermediate terms. It doesn’t look very…
Safe Superintelligence (SSI), a startup co-founded by former OpenAI Chief Scientist Ilya Sutskever, has secured US$1 billion in seed funding to develop advanced artificial intelligence (AI) systems focused on safety. Reuters reported that the funding round, led by venture capital firms Andreessen Horowitz, Sequoia Capital, DST Global and SV Angel,…
Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces August 2024 sales volumes and an operational update. August Sales Volumes August sales volumes averaged 1,919 boepd including natural gas sales of 11.0 MMcfpd, associated natural gas liquids sales from condensate of 79 bopd and oil sales of 9 bopd, based on field estimates.…
Fireweed Metals (TSXV:FWZ,OTCQX:FWEDF) announced an updated resource estimate for its Yukon-based Macmillan Pass (Macpass) project, making substantial additions to the asset’s zinc holdings. In a Wednesday (September 4) release, the company shared updated resource estimates for the project’s Tom and Jason deposits, as well as maiden resource estimates for the…