How can we define the market trend on multiple time frames, so we can better identify trend changes and ensure we are following the drive of market forces? Today I’ll describe my proprietary Market Trend Model to define the short-term, medium-term, and long-term trends, and share what it’s telling us…
As part of the DP Alert, we cover Bitcoin and the Dollar every market day. We have been watching some bearish indications on both Bitcoin and the Dollar with the double top chart patterns. On Bitcoin, price has been moving mostly sideways above support at 90,000. This happens to be…
The news cycle is in high gear lately, leading to some extra volatility. Traders reacting to the news are getting whipsawed, while chartists remain focused on what really matters. Price. Price isn’t everything, it’s the only thing. News, rumors, fundamentals, the Fed, government policy and everything else are reflected in…
The stock market is like a river — constantly changing without knowing what lies ahead. Sometimes it’s calm. Other times it’s choppy. And when the stock market is choppy, it can leave investors in a dilemma, leading them to make irrational investment decisions. The broader stock market indexes have been…
A federal judge on Friday indefinitely delayed a final ruling on the Labor Department’s request to block Elon Musk’s government efficiency team from accessing internal system data, telling both parties only that ‘you will hear from me,’ while declining to promise an exact time or date. The update from U.S.…
Several states emboldened by President Donald Trump’s executive orders are moving to introduce bills banning transgender medical care for minors, and one legal expert believes it’s a ‘continuation’ of the success other states have achieved in the last several years fighting against the Biden administration. ‘You go back to 2020,…
A judge in Washington state has issued a temporary restraining order over President Trump’s executive order that withholds federal funding to health care providers who prescribe youth puberty blockers, cross-sex hormones or who perform surgeries for gender dysphoria. Judge Lauren King, in the Western Washington District Court, issued the order…
While the debate over President Donald Trump’s cuts to facilities and administrative costs associated with federally funded research grants rages on, one expert in the field of medicine says he sees a clear way forward. Dr. David Skorton, president and CEO of the Association of American Medical Colleges, has had…
Democrats will likely ‘waste millions’ of dollars battling President Donald Trump’s executive orders and actions in court with little success to show for it, according to University of California, Berkeley law professor John Yoo. Trump ‘will have some of the nation’s finest attorneys defending his executive orders and initiatives, and the Democrats…
Blue state attorneys general accused Vice President JD Vance of attempting to spread a ‘dangerous lie’ after he criticized judges blocking President Donald Trump’s agenda. ‘The Vice President’s statement is as wrong as it is reckless. As chief law enforcement officers representing the people of 17 states, we unequivocally reject the…