As stocks are back to being overbought in the short term and earnings forecasts are likely going to have to be ratcheted down sometime soon, the risk of a blow-off top followed by a reversal is not low.
If Nvidia stops leading, things will become more complicated for the S&P 500. So, it’s no surprise that the S&P 500 itself is now overbought, with an RSI above 70 and two consecutive days trading above its upper Bollinger Band.
Given how difficult it remains discerning between disinflation and stagflation, Friday’s economic status and price action did little to clarify definitively.
The stock market has rebounded strongly in recent weeks, sending many AI stocks to new highs. You might want to wait for a price correction before grabbing this dynamic duo of top-notch AI stocks.
Quantum computing stocks are generating a lot of interest because they represent the next frontier of computing technology, with the potential to revolutionize industries like finance, healthcare, cybersecurity, and artificial intelligence.
We’re living through the slow collapse of a system built on promises. Decades of easy money, rising debt, and financial engineering have eroded the foundation of trust that once underpinned global markets.
This week's business and finance highlights include Japan's rejection of Trump's auto tariffs, Boeing's scrutiny over a mid-air incident, Tesla's Robotaxi launch, BYD's dominance in Europe, and GM's massive vehicle recall.
American credit card debt has surged to an astronomical $1.18 trillion, with a significant number of individuals reportedly concealing their financial predicaments.
Recession fears are rising again. Whether it happens or not, here's how to protect your savings, investments, and day-to-day budget from economic turbulence.
Nvidia may be center stage in the artificial intelligence (AI) revolution right now, but another "Magnificent Seven" stock could be the next breakout star.
The past week in the world of cryptocurrency was nothing short of eventful. From legislative moves aimed at curbing alleged corruption in cryptocurrency ventures to bold predictions about Bitcoin’s dominance, the week was filled with intriguing developments. Here’s a quick recap of the top stories that made headlines.
The Light Sweet Crude Oil market fell rather hard during the course of the week, as the Iranians and Israelis signed a cease-fire. This of course, has taken some of the “risk premium” out of the market for crude oil...
Elon Musk publicly criticized President Trump's One Big Beautiful Bill, which advanced in the Senate Saturday night, calling it "utterly insane" and "destructive."
