Global
The Federal Reserve’s Last Meeting of the Year Is Today

The Federal Reserve’s Last Meeting of the Year Is Today

After a busy year, the Federal Reserve is set to begin a long vacation today. The central bank is expected to leave interest rates unchanged, following a trio of cuts since the summer. Going forward, markets see them going nowhere well into next year. The official...

Stocks Fell Yesterday. How Serious Is It?

Stocks Fell Yesterday. How Serious Is It?

Stocks just had their sharpest drop in a couple of months. What should we make of it? The first thing that jumps out on the chart is that the S&P 500 remained in breakout territory versus its old trading range. The index is still 1 percent above old resistance...

There’s All Kinds of Positive News Involving China Today

There’s All Kinds of Positive News Involving China Today

November 7, 2019: Did the tide just turn in U.S. relations with China? Consider the flood of positive news today. First and foremost, Beijing and Washington agreed to simultaneously cancel tariffs on each other. The news directly rebuffed nagging press reports this...

In the Blink of an Eye, the 5G Boom Could Be Starting

In the Blink of an Eye, the 5G Boom Could Be Starting

Just when everyone was worried about China bringing down tech stocks, the country may be kicking off a boom that will fuel growth in the sector: 5G Networking. China Mobile (CHL), China Unicom (CHU) and China Telecom introduced super-fast wireless services late last...

Inverted Heads & Shoulders Appearing Across the Market

Inverted Heads & Shoulders Appearing Across the Market

A potentially bullish reversal pattern is appearing across the market: inverted heads and shoulders. This chart formation involves two higher lows on either side of a lower low. It's the opposite of a bearish head and shoulders, and is sometimes viewed as a sign that...