The Finance sector is leading the market with a new high this week and the Bank SPDR (KBE) is extending on its breakout. Today’s report will outline the lessons of the early January setup and show the mid January breakout. We then show how to set a re-evaluation level that…
When you think travel industry, airline and cruise line stocks are usually top of mind. A lesser-known category in the industry is hotel stocks, which saw massive upside moves on Thursday. Hilton Worldwide Holdings (HLT) reported strong Q4 earnings, and in sympathy, other hotel stocks also rose. Hotel stocks have…
The trading week started with investors worried about tariffs, but the 30-day delay of tariffs on imports from Canada and Mexico shook off those worries. The three broad stock market indexes — S&P 500 ($SPX), Nasdaq Composite ($COMPQ), and Dow Jones Industrial Average ($INDU) — closed higher. Then came the…
Department of Government Efficiency (DOGE) chief Elon Musk’s efforts to clean up waste and fraud in the federal government will soon shift its focus to the Social Security Administration (SSA) in a move likely to create a firestorm with Democrats. The SSA, created by the Social Security Act under President…
Rep. Jim Jordan, GOP chair of the House Judiciary Committee, and Rep. Barry Loudermilk, R-Ga., sent employees from the Fulton County District Attorney’s office requests Thursday to hand over documents and interviews related to the Jan. 6 Committee as they continue investigating District Attorney Fani Willis. ‘The committee previously wrote…
President Donald Trump hosted Japanese Prime Minister Shigeru Ishiba at the White House Friday and said the U.S. will have relations with the North Korean regime of dictator Kim Jong Un. ‘We will have relations with North Korea, with Kim Jong Un. I get along with them very well,’ Trump…
President Donald Trump on Friday announced he is revoking former President Joe Biden’s security clearance and stopping his daily intelligence briefings. ‘There is no need for Joe Biden to continue receiving access to classified information,’ Trump wrote in a post on Truth Social Friday night. The privileges will be revoked…
Democratic attorneys general from 19 states have filed a federal lawsuit against the Trump administration over the Department of Government Efficiency’s (DOGE) access to sensitive, personal data belonging to Americans at the Treasury Department. The lawsuit claims the Elon Musk-run agency illegally accessed the Treasury Department’s central payment system at…
Defense Secretary Pete Hegseth on Friday addressed events in Afghanistan, saying they created the perception of ‘American weakness.’ While speaking to the Department of Defense and Pentagon workforce during a town hall on Friday, Hegseth said America ‘deserves to take accountability for’ events in Afghanistan, the Oct. 7 Hamas-led attack…
President Donald Trump on Friday announced he is revoking former President Joe Biden’s security clearances and stopping his daily intelligence briefings. ‘There is no need for Joe Biden to continue receiving access to classified information,’ Trump wrote in a post on Truth Social Friday night. The privileges will be revoked…