Since this rally began on July 14 there have been 8 tiny sharp pullbacks. The one that started overnight in the ES 24 hour continuous S&P fugutures doesn’t even qualify to be in that group yet. It has slightly broken the latest uptrend channel, but…
Energy prices are rising across Europe with no end in sight, as the latest figures from Europe’s official statistics agency show. Energy annual inflation in the EU reached 41.1 percent last month, up 14.1 percentage points since the start of this year….
This is a multi-year channel; I’ve been watching this like a hawk. This is the one and only tidbit of bearish good news since, oh, the breakout of the Korean War.
Rising tensions between Beijing and Washington over the Taiwan situation have reignited chatter about a potential decoupling of the two countries that are closely entangled economically. And while experts consider this an unlikely scenario, many U.S. c…
As the Covid-19 pandemic, the Russian war on Ukraine and the growing tensions between China and the United States have brutally exposed the vulnerabilities of highly globalized supply chains, more and more companies are reconsidering their position, tr…
There are two important resistance points for Apple Inc (AAPL): its price gap and its descending trendline, which just so happen to converge at almost exactly the same spot. As of now, it’s holding fast.
Over the past two weeks, each time the stock market takes a step up, each step seems a little shorter. At the same time they’ve been relentless, and each pullback has also been smaller. There’s been very little momentum loss. The market is just trendin…
Online travel platforms support independent hotels in a big way. In 2019, 133 million additional overnight stays were generated via online booking platforms in the EU, the majority of which going to independent hotels. In fact, 85 percent of all online…
Over the last two decades, trade between China and Latin America has grown significantly, which has threatened U.S. dominance in the region.
The post China’s Growing Trade Dominance in Latin America appeared first on Visual Capitalist.
They never learn, do they? Perhaps you’ve seen that about 100% of the chatter on /wsb is about one stock and one stock only: BBBY. It’s evident from the volume. BBBY volume is presently running at what the entire stock market’s vo…