Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to take the chain private. Across the business, which includes the Macy’s banner, Bloomingdale’s and Blue Mercury, comparable sales during the…
Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to take the chain private. Across the business, which includes the Macy’s banner, Bloomingdale’s and Blue Mercury, comparable sales during the…
In this exclusive StockCharts video, Julius analyzes seasonality for U.S. sectors and aligns it with current sector rotation. He explores how these trends impact the market (SPY) and shares insights on potential movements using RRG analysis. By combining seasonality with sector rotation, he provides a deeper look at market pressure…
In this video, Dave analyzes market conditions, bearish divergences, and leadership rotation in recent weeks. He examines the S&P 500 daily chart, highlighting how this week’s selloff may confirm a bearish rotation and set downside price targets using moving averages and Fibonacci retracements. To validate a potential end to the…
Tariffs have thrown the stock market into dizzying moves, moving up and/or down based on whatever news headlines circulate. The broader stock market indexes have all declined, although they are holding on to their 200-day simple moving average (SMA). The Nasdaq Composite ($COMPQ) fell below the average on Tuesday, but…
Competing resolutions to censure Rep. Al Green, D-Texas, are causing some division within the House GOP on Wednesday. The Texas Democrat was thrown out of President Donald Trump’s address to a joint session of Congress on Tuesday night after repeatedly attempting to interrupt the speech, minutes after it began. A…
President Donald Trump’s pick to be the next Director of the National Institutes of Health (NIH), Dr. Jay Bhattacharya, spent much of his confirmation hearing Wednesday defending the president’s decision to put a 15% cap on indirect research costs dispersed by the NIH. Bhattacharya, a physician, Stanford professor of medicine…
House Republicans are hoping to affirm that they are on the same page as Elon Musk and his Department of Government Efficiency (DOGE) during a closed-door meeting on Wednesday night. Musk is huddling with Speaker Mike Johnson, R-La., and other members of the House GOP Conference around 7 p.m. ET…
White House press secretary Karoline Leavitt defended U.S. efforts to negotiate with Hamas to release American hostages during a briefing on Wednesday. There are currently five hostages with U.S. citizenship in Gaza, though most are feared dead. During the news conference, Fox News senior White House correspondent Peter Doocy asked…
A resolution to reprimand Rep. Al Green, D-Texas, survived a procedural hurdle late Wednesday afternoon, teeing the measure up for a House-wide vote. Rep. Dan Newhouse, R-Wash., introduced a censure resolution against the Texas Democrat earlier in the day amid widespread GOP anger at Democrats who protested President Donald Trump’s…