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Will QQQ Retest All-Time Highs By End of April?

After reaching an all-time around $540 in mid-February, the Nasdaq 100 ETF (QQQ) dropped almost 14% to make a new swing low around $467.  With the S&P 500 and Nasdaq bouncing nicely this week, investors are struggling to differentiate between a bearish dead-cat bounce and a bullish full recovery.   There was no question that valuations had become incredibly rich going into the end of 2024, so some sort of corrective move was widely anticipated in...

Eddie Jordan made me feel like I knew him: why voices on radio and podcasts move us more than TV ever can

It’s a strange thing, the way we form connections with voices. Proper, deep-rooted, personal connections. The kind that feel like friendship, even though the other person has no idea we exist. The kind that, when news breaks of their passing, leaves us unexpectedly bereft—as though a part of our own personal history has just been snatched away. That’s exactly how I felt when I heard that former F1 team boss Eddie Jordan had died this...

Judges v Trump: Here are the key court battles halting the White House agenda

The recent wave of preliminary injunctions from federal judges has stymied President Donald Trump’s early agenda in his second White House term, prompting new questions as to how far the administration might go if it opts to challenge these court orders.  Federal judges across the country have blocked Trump’s ban on transgender persons serving in the U.S. military, ordered the reinstatement of core functions of the U.S. Agency for International Development, or USAID, and halted...

JD Vance takes shot at Harris as he jokes that drinking led to her ‘word salads’

Vice President JD Vance took a shot at former Vice President Kamala Harris, suggesting her alcohol habits were responsible for her ‘word salads.’  Vance’s remarks came as he described the difference between how he and Harris have handled the role as vice president, and he speculated about the relationship dynamic between Harris and former President Joe Biden.  ‘Well, I don’t have four shots of vodka before every meeting,’ Vance said in an interview with radio...

Hegseth says Defense Dept eliminates hundreds of millions in ‘wasteful’ spending after DOGE findings

U.S. Defense Secretary Pete Hegseth said wasteful spending is over as he signed a memo to cancel over $580 million in Department of Defense (DoD) contracts. ‘We’re back with another quick update on our efforts to cut wasteful spending and cut it quickly at the Department of Defense,’ Hegseth announced in a post on X. ‘Today, I’m signing a memo directing the termination of over $580 million in DoD contracts, in grants that do not...

The Ultimate Guide to Building a Sector-Diversified Stock Portfolio

You already know about diversification. You’ve set your investment goals, picked a benchmark, and decided on the weighting of your allocations. Now, it’s come down to selecting the assets—stocks or ETFs—to build your portfolio. As a long-term investor with moderate risk tolerance, how might you build a portfolio to withstand market drawdowns and weather the business cycle? There are many ways to do this. Here are a few ideas to consider. S&P Sectors: How Are...

‘Woefully insufficient’: US judge reams Trump admin for days-late deportation info

A federal judge said Thursday that the Trump administration missed a court deadline to disclose details on deportation flights to El Salvador, escalating President Donald Trump’s ongoing legal battle with the judiciary. U.S. District Judge James Boasberg said that the government’s lawyers failed to meet the deadline he set for them to submit information about the administration’s deportation flights, which included individuals who were targeted for immediate removal under the 1798 Alien Enemies Act, and...

African war-torn nation invokes Trump ‘golden age’ for minerals deal in exchange for booting violent rebels

The president of the Democratic Republic of Congo sent a letter to President Donald Trump offering a minerals deal in exchange for a security agreement with the U.S. that would remove violent rebels from the war-torn nation.  ‘Your election has ushered in the golden age for America,’ President Félix Tshisekedi wrote in February to Trump, the Wall Street Journal reported Wednesday. ‘Our partnership would provide the U.S. with a strategic advantage by securing critical minerals...

Biden’s former spokesman slams Trump and GOP for ‘colluding to impeach’ judges

: A top former spokesperson for former President Joe Biden blasted President Donald Trump and Republicans in Congress for proposing potential judicial impeachments as the administration encounters court-imposed obstacles in enacting its agenda.  Former White House spokesperson Andrew Bates now advises a group known as Unlikely Allies, which says it is working to create ‘cross-partisan support for the needs and interests of all Americans.’ ‘Radical, corrupt attacks on judges are putting our Constitution and the...

House GOP leaders privately wary of push to impeach federal judges blocking Trump agenda

House GOP leaders have little appetite to launch a full-scale impeachment process against judges who have been blocking President Donald Trump’s agenda, sources said Thursday. Three people – two senior House GOP aides and one source familiar with leadership’s discussions – told Fox News Digital that House leadership does not see impeachment as the most effective way to hold accountable those they view as ‘activist’ judges. Republican leaders are still looking into it, however, after...