Financials take the lead. No changes in the composition of the top 5 this week, and only one change of position within the top 5. Financials (XLF) leapfrogged to the number one position, sending Communication Services (XLC) to the #3 position. Energy (XLE) remains #2 while Utilities (XLU) and Healthcare (XLV) remain in positions #4 and #5. Let’s examine the details and see what the Relative Rotation Graphs tell us about the current market dynamics....
It was an ugly close to another roller-coaster trading week as the stock market struggled with several moving parts. Wednesday’s Evening Doji Star in the S&P 500 ($SPX) showed its power. The trading week didn’t end on a pretty note. The S&P 500, Nasdaq Composite ($COMPQ), and Dow Jones Industrial Average ($INDU) all closed lower and are trading below their 200-day simple moving average (SMA). And the selloff is across the board. It’s not concentrated...
Greenland’s prime minister said Sunday that the U.S. ‘will not get’ the resource-rich island in the Atlantic. President Donald Trump wants to annex the self-governing territory of Denmark, a NATO ally of the United States, claiming it is needed for national security purposes. ‘President Trump says that the United States ‘will get Greenland.’ Let me be clear: The United States will not get it. We do not belong to anyone else. We decide our own...
French politician Marine Le Pen and eight other members of her right-wing party were found guilty of embezzling public funds on Monday, and she herself was barred from running for public office. The French court did not immediately announce how long Le Penn will be ineligible for office, and she stormed out of the courtroom before he finished reading her sentence. She is a top candidate to run for president in 2027, and Le Pen...
Turkish President Recep Tayyip Erdoğan reportedly called for the destruction of Israel during Eid al-Fitr prayers at the Çamlıca Mosque in Istanbul on Sunday. The Jerusalem Post reported that Erdoğan said ‘May Allah, for the sake of his name ‘Al-Qahhar,’ destroy and devastate Zionist Israel.’ His call for the annihilation of the Jewish state has drawn fierce condemnation, particularly from Israeli officials. In response to his remarks, Israeli Foreign Minister Gideon Sa’ar stated on X, ‘The dictator...
The Taliban’s supreme leader said Sunday there is ‘no need’ for Western laws in Afghanistan, noting that democracy is dead as long as sharia laws are in place. Hibatullah Akhundzada was speaking during a sermon marking Eid al-Fitr, an Islamic holiday, at the Eidgah Mosque in the southern city of Kandahar. ‘There is no need for laws that originate from the West. We will create our own laws,’ Akhundzada said as he emphasized the importance...
NEWYou can now listen to Fox News articles! In response to an executive order, President Donald Trump’s team will present him with a plan for creating the Golden Dome, a missile defense shield meant to guard against attacks that are increasingly difficult to defeat. This effort will demand innovative thinking, collective will and rapid action. Since my tenure as director of the Missile Defense Agency in the early 2000s, an integrated network of sensors...
More than half of UK organisations are planning to cut expenses in response to rising government-imposed costs, including new tax and National Insurance increases taking effect from April 6th, according to a new survey of finance leaders. The research, conducted by financial management software provider AccountsIQ and expense management platform ExpenseIn, reveals that 52% of businesses are introducing expense cuts to manage financial pressure. A quarter (25%) of respondents said they had already implemented new...
Hiring the right staff has always been a challenge for businesses, but for small businesses operating outside major UK cities, the struggle is even more pronounced. With talent gravitating towards urban areas, rural and small town businesses often face difficulties attracting and retaining skilled employees. The challenge isn’t just about finding people but is about finding the right people, those with the right skills and experience who are also willing to work outside of the...
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