The bears are getting louder as stocks consolidate recent gains. But the market's current price consolidation behavior, until proven otherwise, is quite normal, especially after a nearly 20% rally in the S&P 500 (SPX) since the October 2022 bottom. That said,...
2/2 © Reuters. FILE PHOTO: A Nissan logo is seen in a vehicle during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake 2/2 TOKYO (Reuters) - Nissan (OTC:) Motor...
I have been preaching Wall Street manipulation for years. And Wall Street took manipulation to a completely new level in 2022, accumulating shares of panicked retail traders after the distribution period from January through May 2022 ended. Sure, we had...
2/2 © Reuters. FILE PHOTO: The moon rises behind the skyline and financial district in Toronto, November 25, 2015. REUTERS/Mark Blinch 2/2 By Maiya Keidan TORONTO (Reuters) - A recent rise in Canada's shareholder activism faces a reality check next...
Stocks went on a tear from late December to early February with the S&P 500 SPDR (SPY) advancing some 11% from low to high. SPY then pulled back last week with a 2.5% decline from the 2-February high to the...
© Reuters. FILE PHOTO: The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman (Reuters) - Facebook parent Meta Platforms Inc (NASDAQ:) has delayed finalizing the budgets of multiple teams as it prepares...
© Reuters. FILE PHOTO: Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Arathy Somasekhar FREEPORT, Texas (Reuters) - U.S. energy regulators on Saturday assured Texas...
© Reuters. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato By Jane Lanhee Lee, Josh Horwitz and Stephen Nellis OAKLAND, Calif/SHANGHAI (Reuters) -SoftBank Group Corp's...
After a dicey week, are the clouds descending again? In this episode of StockCharts TV's The MEM Edge, Mary Ellen covers some critical areas of support and resistance in the broader markets, before moving on to where the strength took shape and...
On this week's edition of StockCharts TV's StockCharts in Focus, Grayson shows you how to build what he calls the "Ultimate Relative Strength" chart template, inspired by the multi-level Sector Summary structure that we covered last week. You'll learn how to take...
