Despite its position as a luxury automaker synonymous with prestige and performance, Ferrari N.V. (RACE) may be showing signs of a near-term downturn. Recent price action, coupled with stretched valuations and slowing shipment trends, suggests that RACE may face potential downside. By incorporating both technical and fundamental analysis, we can see a…
After the November pullback, GLD began to rally again. This week, on Wednesday, price exceeded the nearest November top, which made official the new rising trend from the November low. Brief celebration ends the following day as GLD tops, setting the top boundary for a bearish rising wedge formation. Rising…
There are a number of ways that you can find great trading opportunities. One way is to simply follow a chart on a WatchList and wait for certain indicators to reach “buy” points. For instance, an uptrending stock many times will find support as its 20-day EMA is tested or…
In recent interviews for ! And remember, the point of this exercise is threefold: Consider all four potential future paths for the index, think about what would cause each scenario to unfold in terms of the macro drivers, and review what signals/patterns/indicators would confirm the scenario. Decide which scenario you…
The Israeli air force is apparently readying itself for a potential strike against Iran’s nuclear program as the incoming Trump administration is also reportedly mulling a ‘maximum pressure 2.0’ campaign against Tehran as the situation in the Middle East rapidly evolves. The fall of the Bashar al-Assad regime – a…
Former House Speaker Nancy Pelosi suffered an injury and has been admitted to a hospital in Luxembourg, Fox News has confirmed. The 84-year-old California representative was traveling to Luxembourg for Battle of the Bulge remembrances. The extent of the former speaker’s injury is unknown at the time of this reporting.…
President-elect Donald Trump is gearing up for his second White House term just weeks after the abrupt toppling of Bashar al-Assad’s regime in Syria— a pivotal moment that could test Trump’s long-held promises to end U.S. involvement in so-called ‘forever wars’ in the Middle East or putting more American boots…
Washington, D.C.-area restaurants once again will not be free from politics as the Trump team prepares to settle into the nation’s capital for a second term. Food workers inside the Beltway are prepared to refuse service and cause other inconveniences for members of the incoming Trump administration, but this is…
Left-wing nonprofit ProPublica is facing renewed scrutiny after an email exchange related to its recent unpublished story on Secretary of Defense nominee Pete Hegseth was released on Thursday. A media firestorm began earlier this week when Hegseth revealed on X that ProPublica, which he called a ‘Left Wing hack group’ was…
Russia on Friday continued for the third year in a row with its primary winter strategy to pummel Ukraine’s power grid as freezing conditions settle ahead of the winter months in a ‘massive blow’ to the country’s largest energy company. Moscow’s forces fired some 90 missiles, including cruise missiles, and…