Investing and Stocks News
The first trading week in December started on a positive note, with the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) notching new all-time highs, while the Dow Jones Industrial Average ($INDU) pulled back slightly. Despite the small upmoves for most days, it wasn’t a quiet week. Surprisingly, a flood of news from around the world…
Growth vs. Value Rotation: The Pendulum Swings Again Relative Rotation Graphs (RRG) are not just good tools to use in analyzing sector rotation; they’re also a valuable means for visualizing other market dynamics. The relationships between growth and value stocks, or large-cap vs. mid- and small-cap stocks and the combination of these two breakdowns of…
“The market goes up the escalator and down the elevator.” This is a quote that one of my mentors, Ralph Acampora, shared with me when I visited him years ago at his farm in Minnesota. This market truism is based on the fact that volatility tends to remain low in bull market phases, and volatility tends to…
US President Joe Biden directed an additional US$600 million to the Lobito Corridor project during a visit to Angola, reinforcing a commitment to enhancing critical minerals supply chains in the African region. The funding builds on the US$553 million committed earlier this year to the corridor, which connects the copper-rich Democratic Republic of Congo (DRC)…
The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 1.22 percent on the week to close at 610.22 on Friday (December 6). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 0.16 percent increase to reach 25,691.8, while the CSE Composite Index (CSE:CSECOMP) dropped 2.68 percent to 137.68. The US Bureau of Labor Statistics released its employment situation…
ESPN is coming to Disney+. Now, the sports network wants to make sure Disney+ users come to ESPN. Walt Disney debuted a dedicated ESPN tile Wednesday on Disney+ for people who subscribe to ESPN+, its sports streaming platform, to watch programming without leaving the Disney+ application. Next fall, when ESPN launches its yet-to-be-named “flagship” service, those subscribers will…
Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell. In comments Wednesday about the cryptocurrency, the central bank leader noted that he does not and cannot own any himself. In addition, he said the Fed’s role in regulating bitcoin and its competitors is limited. However, he…
In this exclusive StockCharts video, Joe uses long-term views of the S&P 500 to explain how the market is positioned as we move into 2025. He uses Yearly and Quarterly Candles and describes why there is a risk of a pullback next year, and he also covers the recent strength in some of the Mag7…
When it comes to the stock market, each day is unique. As a result, it’s easy to get distracted and look from one area to another based on whims, which can leave you confused and unable to make any decisions — thus putting you in the dreaded state of analysis paralysis. And while going down…
Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) has signed a term sheet with Sumitomo Metal Mining (TSE:5713) for a joint venture to advance the Winu copper-gold project in Western Australia. The partnership, announced on Wednesday (December 4), seeks to develop both companies’ exploration initiatives. Sumitomo will acquire a 30 percent equity stake in the Winu project for US$399 million,…