An online car rental service is under scrutiny after it was used in two incidents Wednesday. The platform, Turo, is known as an “Airbnb of cars,” as it allows individual car owners to rent out their vehicles. Vehicle owners, known as “hosts,” can post cars to Turo’s website, where people…
There are a number of effective swing trading systems being used today. Let’s explore one that is popular among Wyckoffians. It uses two inputs: Point and Figure charts and volume. Let’s review this system with a case study of Charles Schwab Corp. (SCHW). As markets are fractal, Accumulation and Distribution…
The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we…
In this exclusive StockCharts video, Joe shares a specific ADX pattern that’s signaling potential exhaustion in the momentum right now. Joe analyzes three other market periods that displayed this pattern and the resulting correction which followed. He then discusses some of the most attractive looking cryptos, as well as QQQ…
A little less than a week ago, I wrote an article about inflation and how it’s nothing more than a pipe dream in Fed Chief Jay Powell’s head. Let me expand on that article, maybe from a slightly different approach this time. The inflation rhetoric just won’t let up. Apparently,…
Senate Republicans are urging expedited confirmation of President-elect Donald Trump’s administration appointments, particularly those for crucial national security posts, in the wake of a New Year’s attack in New Orleans where a terrorist suspect drove a car into a large crowd, killing more than a dozen people. ‘Our hearts go…
Spending on contracting and supplies is the second-biggest major spending group for the federal government, according to usaspending.gov. More than $1.1 trillion was spent on deals negotiated by the government to hire contractors for work. The category has increased by 19% from five years ago. ‘We expect massive cuts of all…
A U.S. Army soldier has been charged with selling confidential phone records. Cameron John Wagenius, 20, was charged by federal authorities in Texas with two counts of unlawful transfer of confidential phone records information on Dec. 20 and the indictment was unsealed this week. Wagenius was a soldier at Fort Cavazos…
President Biden awarded the leaders of the former Jan. 6 House Select Committee, former Republican Wyoming Rep. Liz Cheney and Mississippi Democrat Rep. Bennie Thompson, the second-highest civilian medal for their ‘exemplary deeds of service for their country,’ according to the White House. ‘The Presidential Citizens Medal is awarded to…
The FBI under the Biden administration’s leadership has faced repeated scandals over the last four years, including in the waning days of the administration when a suspected terror attack rocked New Orleans early on New Year’s Day morning. Outgoing FBI Director Christopher Wray, who was nominated by Trump in his…