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One Month of Positive Seasonality Remaining — OBV Says, “Maybe Not.”

The late Yale Hirsch (Stock Trader’s Almanac) has long been known for identifying the six-month periods of positive and negative seasonality in the stock market. The positive period is November through April, and the negative period is May through October. We are currently in a positive period, which has one more month to go. Unfortunately, the OBV (On-Balance Volume) chart is saying that April may not be all that positive. The chart below shows the...

Market Research and Analysis – Part 3: Market Trend Analysis

This article (and the next) focuses on trends in the market—an explanation as to why markets trend, reasons why it is good to know that markets trend, then finally, a large research section into how much markets trend. This analysis will initially be shown on 109 market indices that involve domestic, international, and commodity sectors. Following that the full list of all S&P GICS sectors, industry groups, and industries are shown following the same format....

The Global Shift Towards Remote Working for Digital Agencies

Many digital agencies are now shifting towards remote working, owing to how easily workers can simply log on and continue from anywhere in the world. And while this is a more recent trend that has become more popular since 2020, it’s not something that has come out of the blue, contrary to popular opinion. According to data collected in 2019, just 4.7% of UK employees worked from home before the pandemic. However, by 2023, ONS...

Prosecutors slam Hunter Biden attorneys in federal court: ‘You attack the facts’

Prosecutors went after Hunter Biden’s attorneys during an hours-long hearing Wednesday on several motions to dismiss criminal tax evasion charges against the president’s son. The first son did not appear in federal court in Los Angeles on Wednesday, but his attorney Abbe Lowell argued in favor of dismissing what he claimed were politically motivated charges. He said the government was perpetrating ‘the least ordinary prosecution a person could imagine.’ The tax charges against President Biden’s...

Former Watergate prosecutor calls Trump gag order ‘so unusual’: ‘This never happens’

Nick Akerman, a former Watergate prosecutor, said that in his 50-some years in law, he has never seen a gag order like the one imposed on former President Trump in his hush money payments case this week.  New York Judge Juan Merchan issued the gag order on Tuesday following a request from Manhattan District Attorney Alvin Bragg. ‘This is so unusual,’ Akerman told CNN’s Fredericka Whitfield on Wednesday. ‘This never happens, in over 50 years in...

Trump preps swing state expansion as questions arise over 2024 preparedness

: Over the next month and a half, former President Trump’s campaign will be opening dozens of new offices in seven pivotal swing states, complete with hundreds of newly hired staffers, Fox News has learned.  As President Biden and Trump appear headed for a rematch in November, the two will likely put a lot of energy into the seven swing states — Pennsylvania, Michigan, Wisconsin, Arizona, Georgia, Nevada and North Carolina — that could decide...

Israel says UN ‘deceiving’ world over aid delays to Gaza

On a visit to Egypt last weekend, U.N. Secretary-General Antonio Guterres made a stop at the border crossing between the most populous Arab state and the war-stricken Gaza Strip. At the Rafah crossing, Guterres described seeing a ‘long line of blocked relief trucks waiting to be let into Gaza.’  Immediately after that, the Israelis accused the U.N.’s top official of ‘deceiving’ and noted, instead, that it was the U.N. that was holding up the deliveries...

Bill Clinton, Barack Obama, raise a $25 million bulwark for Biden as Dems fret over Trump poll advantage

Facing a polling deficit with seven months to go until the November election, President Biden on Thursday will receive some help from his two most recent Democratic predecessors in the White House. Biden will team up with former Presidents Barack Obama and Bill Clinton at a fundraising extravaganza in New York City that the president’s campaign says will bring in over $25 million for his re-election bid. The star-studded event will include what’s being billed...

White House unveils new AI regulations for federal agencies

The Biden administration announced the Office of Management and Budget (OMB) is rolling out new artificial intelligence (AI) regulations for federal agencies, building off the president’s executive order last year that requires AI developers to share certain information with the government.  In a press call Wednesday afternoon, Vice President Kamala Harris said the new series of regulations, which include mandatory risk reporting and transparency rules informing people when agencies are using AI, would ‘promote the...

Biden’s surprise campaign boost has changed 2024 race

Polling can only tell us so much. It captures a moment in time that can be sustainable or utterly fleeting. It can also be wrong or, as we saw in the 2016 election, capture the most remote possibility.  That said, it remains an integral data point when it comes to how we view the state of the race and there’s no question that we’re seeing a shift in the results of the presidential contest since...