While the S&P 500 ($SPX) logged a negative reversal on Wednesday, the Cboe Volatility Index ($VIX), Wall Street’s fear gauge, logged a positive reversal. This is pretty typical: when the S&P 500 falls, the VIX rises. Here’s what makes it interesting: the VIX has quietly crept up in three of…
This week, Julius shows how the Technology sector is edging toward leadership, alongside Industrials and soon-to-follow Communication Services. He highlights breakout lines for SPY, XLK, and XLC, noting that conviction climbs when daily and weekly RRG tails align to point northeast together. Bitcoin is sprinting into the leading quadrant next…
Former Vice President Mike Pence’s conservative organization wants Republican senators to gut provisions from the ‘big, beautiful bill’ that could jeopardize the legislation’s survival in both chambers. Advancing American Freedom, Pence’s organization that he founded in 2021, supports the House’s offering in the budget reconciliation process, and views it as…
Justice Neil Gorsuch wrote a dissent to the Supreme Court’s decision to limit the U.S. Tax Court’s authority in certain Internal Revenue Service (IRS) cases, asserting that the federal tax collecting service could avoid accountability in the future. Gorsuch wrote the dissent to the high court’s opinion in Commissioner of…
The White House is in ongoing discussions with Capitol Hill to amend a proposed sanctions bill targeting Russia, Fox News Digital has learned, and prefers that route over sanctions led by the executive branch. Sens. Lindsey Graham, R-S.C., and Richard Blumenthal, D-Conn., introduced the legislation months ago and garnered 82…
The House of Representatives passed President Donald Trump’s $9.4 billion plan to claw back federal funds for foreign aid, PBS and NPR. The 214 to 212 vote was mostly along party lines, with no Democrats voting for the bill. Four Republicans voted against the measure, however – Reps. Brian Fitzpatrick,…
Sen. Lindsey Graham is pushing forward to fund President Donald Trump’s border security agenda despite objections from a key Senate Republican who wants to cut the spending in half. The South Carolina Republican, who chairs the Senate Budget Committee, unveiled the Senate’s plan to fund the president’s border security desires,…
Rep. Mike Lawler, R-N.Y., tore into a fellow Empire State lawmaker Thursday after the latter accosted Lawler on the House floor. Chaos briefly broke out in the House of Representatives during the chamber’s final vote series of the week, when Rep. John Mannion, D-N.Y., began shouting at Lawler that he…
Israeli Defense Forces launched a sweeping strike on Iran following months of attempted, and seemingly failed, nuclear negotiations between the Trump administration and Tehran. Fox News’ Trey Yingst reported that Israel carried out strikes in Iran, adding that explosions were heard in the capital of Tehran. A state of emergency…
Elmo has a friend, indeed. Minority Leader Hakeem Jeffries,D-N.Y., brought along a stuffed friend to help make a point on the House floor Thursday. Jeffries held up a stuffed Elmo doll while accusing Republicans of targeting beloved children’s shows like ‘Sesame Street’ in their push to slash federal spending. ‘Today,…