One effective way to spot potential market opportunities on a sector level is to regularly monitor Bullish Percent Index (BPI) readings for each sector. Sector-focused BPIs tell you the percentage of stocks generating Point & Figure Buy Signals. From that point on, you can drill down to specific industries to find ETFs or stocks presenting tradable opportunities. On Wednesday morning, ...
There have been rumblings of “the return of small caps” for many moons, but small-cap leadership has still not materialized as we kick off the new year. Today we’ll share three charts to watch, besides the obviously important chart of the Russell 2000 ETF (IWM), to determine when a new leadership phase for small caps is imminent. The chart of IWM ...
Jensen Huang may have burst the quantum computing bubble when he said it would take over 15 years for quantum computers to gain widespread use. And yet four quantum computing stocks made it to the top of the list in the StockCharts Technical Rank (SCTR) Report in the Top 10 Mid-Cap Category. You can thank Microsoft (MSFT) for this — ...
So far, this has been a fairly entertaining start to the new year! The S&P 500 started off with a bounce to 6050, pushed briefly below our line-in-the-sand level of 5850, and then finished this week with a retest of 6000. While the VIX remains fairly low relative to historical levels, it feels as if our “emotional volatility” remains pretty elevated! In ...
“Ooh, that’s a big one,” Donald Trump said Monday as he signed an executive order – one of dozens during his first hours as president – to withdraw the United States from the World Health Organization. What lies behind the move, and what could the impact be? WHO, the United Nations health agency that helps protect the health and security ...
Canada’s Prime Minister Justin Trudeau said his country will respond “robustly” if US President Donald Trump follows through with imposing tariffs on Canada, telling reporters on Tuesday that “everything is on the table.” “If there are unfair tariffs, we will respond robustly and we will be there to support Canadians and protect our interests,” Trudeau said at the press conference ...
Bollywood actor Saif Ali Khan left a hospital in India’s financial capital Mumbai on Tuesday, less than a week after he suffered knife injuries in a scuffle with an intruder at his house, local media reported. Khan, 54, was stabbed six times by the intruder during an attempted burglary at his home after midnight on Thursday. He had surgery after ...
Pope Francis is taking the highly unusual decision to dissolve an influential Catholic group from Peru which has been plagued by allegations of abuse from within its community, including allegations related to its founder, for more than a decade. News of the decision to dissolve the Sodalitium Christianae Vitae, which at one point had 20,000 members across South America and ...
Iraq’s parliament passed three divisive laws Tuesday, including amendments to the country’s personal status law that opponents say would in effect legalize child marriage. The amendments give Islamic courts increased authority over family matters, including marriage, divorce and inheritance. Activists argue that this undermines Iraq’s 1959 Personal Status Law, which unified family law and established safeguards for women. Proponents of ...
Seoul, South Korea (Reuters) — South Korean President Yoon Suk Yeol attended on Tuesday a Constitutional Court hearing of his impeachment trial where he denied ordering military commanders to drag lawmakers out of parliament during his short-lived bid to impose martial law. Near the start of the hearing, Yoon said he had worked in public service with “a firm commitment ...