Hours after Donald Trump’s chilly inauguration in Washington, Taiwan’s parliament voted to freeze billions of dollars in defense spending, in a move some worry could frustrate the famously transactional president, who has already demanded Taipei pay “more” for US protection. The US is the main ally and arms supplier of…
Theto Ngobeni was just 18 days old when doctors first inserted a shunt into the back of her head to drain excess fluid accumulating in her brain. She was born with a condition known as hydrocephalus, which doctors said was caused by a listeriosis infection that her mother contracted while…
Remember that old commercial, “It’s not nice to fool Mother Nature?” Well, there should be another one pertaining to the stock market, “Don’t bet against a secular bull market advance!” We’re all trained, or brainwashed, if you will, to believe that the next major stock market top is at hand…
Despite periodic rallies that have buoyed the home improvement retail sector, Lowe’s (LOW) is showing signs of potential weakness. Recent price action in Lowe’s stock and lagging growth metrics suggest that its latest attempt to sustain a breakout may run out of steam. Below, we’ll explore the technical and fundamental…
The Biotech industry group is making a comeback, with the ‘under the hood’ chart displaying new strength coming into the group. We have a constructive bottom that price is breaking from and, while it does need to overcome resistance at the 200-day EMA, it looks encouraging. What was particularly impressive…
The Mag7 ETF (MAGS) formed another short-term bullish continuation pattern as it worked its way higher since the triangle breakout in mid September. This report will also analyze the long-term trends, highlight the short-term setups and compare performance for the stocks in this ETF. First and foremost, MAGS is in…
Gold mining stocks have been climbing since the end of December, a trend that usually goes unnoticed unless gold — often dismissed as an “old relic” — undergoes one of its periodic shifts into a timely and relevant asset. Recently, gold has been in the public spotlight, shedding its “relic”…
Despite the strength in some key growth stocks in January, semiconductors have been decidedly rangebound for most of the last six months. While this week’s breakout of the range appears to be a significant bullish signal, the bearish candle pattern on Friday indicates investors may be best served by being…
No changes in the top-5 At the end of this week, there were no changes in the ranking of the top-5 sectors. (1) XLY – Consumer Discretionary (2) XLF – Financials (3) XLC – Communication Services (4) XLI – Industrials (5) XLE – Energy (6) XLK – Technology (7) XLU…
In this video, Mary Ellen reviews the new uptrend in the S&P 500, and highlights what’s driving it higher. She then shares new pockets of strength that are poised to take off, and what to be on the lookout for ahead of next week’s M7 earnings reports. This video originally…