With Friday’s pullback after a relatively strong week, the S&P 500 chart appears to be flashing a rare but powerful signal that is quite common at major market tops. The signal in question is a bearish momentum divergence, formed by a pattern of higher highs in price combined with lower peaks in momentum, which indicates weakening buying power after an extended ...
An attempt to break out of a month-long consolidation fizzled out as the Nifty declined and returned inside the trading zone it had created for itself. Over the past five sessions, the markets consolidated just above the upper edge of the trading zone; however, this failed to result in a breakout as the markets suffered a corrective retracement. The trading ...
This Time Technology Beats Financials After a week of no changes, we’re back with renewed sector movements, and it’s another round of leapfrogging. This week, technology has muscled its way back into the top five sectors at the expense of financials, highlighting the ongoing volatility in the market. Communication Services and Consumer Staples have swapped places since last week, while ...
U.S. President Donald Trump said on Friday that concerns over national security risks posed by Nippon Steel’s $14.9 billion bid for U.S. Steel can be resolved if the companies fulfill certain conditions that his administration has laid out, paving the way for the deal’s approval. Shares of U.S. Steel rose 3.5% on the news in after-the-bell trading as investors bet ...
The U.S. men’s national soccer team enters the 2025 Concacaf Gold Cup in dreadful form, having lost four consecutive games under coach Mauricio Pochettino. The USMNT’s final tune-up for the Gold Cup was horrendous, as the team was routed by Switzerland, 4-0, in Nashville. (Switzerland defeated both Mexico and the U.S. by a combined score of 8-2 in pre-Gold Cup ...
One thing about OTAs and minicamps is that they always feature a heavy dose of optimism. Players are rejuvenated and have closed the chapter from the previous season. One of the biggest beneficiaries of the upcoming year is Los Angeles Chargers quarterback Justin Herbert. Herbert owns NFL records for completions (1,945) and passing yards (21,093) for a player in their ...
The 125th U.S. Open is inching closer to crowning a new champion as the world’s best golfers prepare for the final round at Oakmont Country Club on Sunday. The first 36 holes of the tournament took place under warm and sunny conditions, with high temperatures in the 80s and a low of 59 degrees. However, as the tournament moved into ...
Here’s a quick recap of the crypto landscape for Friday (June 13) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$105,555, a decrease of 1.6 percent in 24 hours after an earlier slide of over ...
Investor Insight A Canadian exploration company poised for discovery, Bold Ventures is focused on the exploration and development of high-potential precious and battery minerals projects in tier 1 jurisdictions in Canada. Overview Bold Ventures (TSXV:BOL) is a Canadian mineral exploration company focusing on battery, critical and precious metals located in Northern Ontario and Quebec. The company’s asset portfolio demonstrates its ...
A new report released on Wednesday (June 11) by Canada’s Climate Institute suggests Canada risks missing out on a C$12 billion market for critical minerals should the government not enact policy to drive investment in Canada’s mining sector. The report outlines a growing need for minerals like copper, cobalt, lithium, nickel, graphite and rare earths, all of which are found ...
Bitcoin (BTC) remains on track for more gains despite rising tensions between Israel and Iran, according to macro investor Raoul Pal. In a post shared recently, Pal argued that global liquidity explains most of Bitcoin’s price moves. Bitcoin Ignores Geopolitical Tensions, Follows Liquidity Instead The popular macro investor shared a chart that compared Bitcoin with The post Raoul Pal Explains ...
Peter Schiff has once again taken aim at Bitcoin (BTC) and its biggest corporate supporter, Strategy. In a recent post on X, formerly known as Twitter, the economist warned that the “biggest regret Strategy shareholders will have is not selling.” Peter Schiff Warns Strategy Shareholders of Looming Collapse Schiff, a longtime critic of Bitcoin, suggests The post Peter Schiff Warns ...