Three Big Negatives Overshadow the Uptrends in SPY and QQQ
SPY and QQQ remain in long-term uptrends, but three big negatives are currently hanging over the stock market. Two negatives are tied to important cyclical groups and the third is reminiscent of summer 2022. The semiconductor business is cyclical and the
Oversold Conditions Not Always a Friend
Nearly all of our charts currently show deeply oversold conditions. While this is usually a good thing, in a market downturn, it isn’t necessarily your friend. As you can guess, we believe that Wednesday’s big decline was the beginning of
AI Boom Meets Tariff Doom: How to Time Semiconductor Stocks
Semiconductors are at a crossroads, with innovation fueling growth and tariffs threatening profits. How might you navigate this potentially volatile landscape and identify opportunities without getting burned? In 2025, analysts predict AI will drive explosive demand in the semiconductor industry, fueling
2024’s Big Bang: A Deeper Dive Into the Hindenburg Omen
This week saw the fabled Hindenburg Omen generate its first major sell signal in three years, suggesting the endless bull market of 2024 may soon indeed be ending. Why is this indicator so widely followed, and what does this confirmed signal
Will the Stock Market’s Santa Rally Bring Holiday Cheer to Investors?
A smart investor listens to the stock market and this week’s stock market action was a perfect example of why this is important. It was a roller-coaster week in the stock markets leading many investors to quickly sell holdings when there
House passes funding bill with just hours until government shutdown
The House has passed a bill to avert a partial government shutdown on Friday, hours before the midnight federal funding deadline. The bill, which needed approval from two-thirds of the chamber, passed overwhelmingly in a 366 to 34 vote. All Democrats voted
Senate Dems rail against ‘shadow speaker’ billionaire Elon Musk: ‘Not elected to anything’
Senate Democrats labeled billionaire Elon Musk ‘co-president’ and ‘shadow speaker’ among other titles as they reacted to the original stopgap spending deal’s implosion on Wednesday after he and ultimately President-elect Trump came out against it. Sen. Elizabeth Warren, D-Mass., said Musk
Banner year for CU-bank tie-ups extends with deal in Maryland
Hanscom Federal Credit Union in Massachusetts said it would acquire Peoples Bancorp and its insurance agency. It marked the 21st deal of the year involving a credit union buying a bank.
Biden missing in action as Turkey inches closer to full-blown war against US-allied Kurds in Syria
JERUSALEM — Turkish President Recep Tayyip Erdoğan could be on the brink of engulfing Syria in a new war with his slated invasion of the country’s north in an effort to decimate the U.S.-allied Syrian Kurds who helped President-elect Trump defeat
White House pressed on Biden refusing to speak publicly ahead of shutdown
White House press secretary Karine Jean-Pierre volleyed away reporters’ questions on Friday about President Biden’s lack of public appearances amid the ongoing government funding fight as a partial shutdown looms. Jean-Pierre refused to answer why the president has not spoken to