After a big run this year, Nvidia (NVDA) fell over 15% from its high and broke its 50-day SMA. On the face of it, a break below this “key” moving average seems like a short-term bearish signal. Such a view, however, would ignore the long term trend, which is the…
In this edition of StockCharts TV‘s The Final Bar, Dave previews earnings releases from TSLA and GOOGL, breaks down key levels to watch for SPOT, GE, and more, and analyzes the discrepancy between S&P 500 and Nasdaq breadth indicators. See Dave’s MarketCarpet featuring the Vanilla color scheme here. This video originally premiered…
Major equity indexes rose on Friday after a selloff that hit the Technology sector especially hard. But this doesn’t necessarily mean that everything is OK going into next week. Wall Street seems to be in whiplash land, veering from one market area to another. The Dow Jones Industrial Average ($INDU)…
Flying Financials In the recent sector rotation, basically OUT of technology and INTO anything else, Financials and Real-Estate led the relative move. On the RRG above, I have highlighted the (daily) tail for XLF to show how it stands out from the other sectors. On the weekly RRG, XLF is…
This will be one of the most interesting quarters in recent memory. The Fed has got to choose its poison. Do they stand pat once again next week, leaving rates “higher for longer” and awaiting more data? Or do they finally take the step that just about everyone is waiting…
Gold and critical minerals exploration company Nova Minerals (ASX:NVA,NASDAQ:NVA,NASDAQ:NVAWW) announced the closing of its underwritten NASDAQ initial public offering (IPO) of 475,000 units on July 26. “A US listing has been our goal for a long time as the logical next step with our flagship Estelle Gold Project being a…
Data from the US Bureau of Economic Statistics show that inflation continues to cool in the release of June’s personal consumption expenditures (PCE) price index on Friday (July 26). The report shows that the June PCE increased by 0.1 percent month-over-month over May, up slightly from May’s 0.0 growth. On…
Forward Water Technologies Corp. (TSXV:FWTC) (the ‘Company’ or ‘FWTC’) is pleased to announce that it has filed its condensed consolidated audited financial statements and related management’s discussion and analysis for the twelve months ended March 31, 2024. Copies of these financial statements and related management’s discussion and analysis can be…
European Lithium Limited (ASX: EUR, FRA:PF8, OTC: EULIF) (European Lithium or the Company) is pleased to announce that Critical Metals Corp. (Nasdaq: CRML) (Critical Metals Corp), a mining development company focused on critical metals and minerals, and producing strategic products essential to electrification and next generation technologies for Europe and…
Wall Street witnessed a turbulent week as tech stocks took investors on a wild ride that heavily impacted market indices and cryptocurrencies as well, highlighting the continued influence of the sector on the market’s overall performance. Meanwhile, Ethereum ETFs officially began trading, triggering surprising fluctuations in the price of Ether,…