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Unlock the power of divergence analysis! Join Dave as he breaks down what a bearish momentum divergence is and why it matters. Throughout this video, Dave illustrates how to confirm (or invalidate) the signal on the S&P500, Nasdaq100, equal‑weighted indexes, semiconductors, and even defensive names like AT&T (T).

This video originally premiered on June 10, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.

Unlock the power of divergence analysis! Join Dave as he breaks down what a bearish momentum divergence is and why it matters. Throughout this video, Dave illustrates how to confirm (or invalidate) the signal on the S&P500, Nasdaq100, equal‑weighted indexes, semiconductors, and even defensive names like AT&T (T).

This video originally premiered on June 10, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.

While the S&P 500 ($SPX) logged a negative reversal on Wednesday, the Cboe Volatility Index ($VIX), Wall Street’s fear gauge, logged a positive reversal. This is pretty typical: when the S&P 500 falls, the VIX rises.

Here’s what makes it interesting: the VIX has quietly crept up in three of the last four days. Before the midday pivot, the VIX hit its lowest level since February 21, 2025. And while that wasn’t the low in February, it was close. As the chart below depicts, back then, the VIX’s intraday low occurred on February 14, 2025, a few days before the SPX topped on February 19.

It wasn’t a screaming sell signal for equities. The S&P 500 was set to follow through on the big cup-with-handle pattern breakout, even though two straight bullish patterns failed in December and January.

Ultimately, the combination of the S&P 500 failing to get much higher than 6,100 and the VIX bouncing near support set the stage for the market rolling over. It was, of course, news-induced, but the market’s character had been changing since December, when breadth first took a major hit.

So, with the VIX closer to that same support zone now than it has been at any time the last few months and the S&P 500 back above 6,000, the pendulum has swung back near the extreme levels where the fireworks began. But there are two major differences now vs. then.

Bullish Patterns Are Working

Bullish patterns weren’t holding up well in December, January, and February (and then again in March). But they are working now.

Let’s not take this for granted. The S&P 500 starts the day with three live bullish patterns, and the index already hit one upside objective (5,840).

Most importantly, the index has extended above the breakout zones of the two biggest ones by 5.4% and 9%, respectively (see charts below). This means it could endure a not-so-small drawdown, and the patterns (and their upside targets) would remain in place. The index had no such cushion in February.

Still No 1% Declines

Since April 21, the S&P 500 has logged just one 1% decline, which now spans 35 trading days. It had 20 over the prior 71 days since January 6, 2025. That’s a rate of 2.8% vs. 28%. We had literally 10 times more 1% declines from January to April 21.

We didn’t see too many 1% losses in the first few weeks of 2025 either (see chart below). But with the index continuously failing at resistance, it just couldn’t leverage the low-volatility environment like it did from late 2023 through late 2024. As described above, in the last two months, the S&P 500 has been capitalizing on breakouts on low two-way volatility.

So, could all of this completely flip again with a massively surprising “unknown unknown” headline? There’s always that risk. And we know about the big collection of sell signals out there (MACD and Demark).

All of this suggests a respite is due. Bulls and bears seem to agree about that. What they don’t agree upon is the severity of that next pullback. There’s no use in trying to predict how far or how damaging it will be, however. As long as the bullish patterns remain intact, the nascent uptrend has a chance to continue in the months to come.

Zooming In: ARKK’s Strong Run

Let’s take a closer look at one of the more popular growth-focused ETFs: ARK Innovation ETF (ARKK). Despite finishing off its highs, ARKK logged its fourth straight gain yesterday and is now up eight of the last nine trading sessions. Over that time, it has fully leveraged the bull flag we mentioned two weeks ago. The target from that pattern is near $67.

ARKK also logged its third straight trading box breakout in the last few days. So, from a short-term pattern perspective, things have continued to work for the stock.

Indicator-wise, ARKK is now officially overbought for the first time since last December. Over the last year, here’s how the ETF has fared after first reaching overbought territory.

Last July, ARKK hit its summer top just a few days after becoming overbought. In November and December (while ARKK’s upswing continued through mid-February), the ETF pulled back to levels below where the relative strength index (RSI) first hit 70 over the ensuing days/weeks both times.

In other words, this is not the best trading setup for new short-term longs. We expect the risk-reward to improve after the next pullback.

ARKK is also approaching the upper threshold of its big two-year trading channel, which could slow things down soon.

The Bottom Line

The S&P 500 is rising slowly and steadily, volatility is still relatively low, and growth plays like ARKK are looking strong, although they may be due for a pullback in the near term. Keep an eye on the chart patterns that are forming and look for investment opportunities on pullbacks.


This week, Julius shows how the Technology sector is edging toward leadership, alongside Industrials and soon-to-follow Communication Services. He highlights breakout lines for SPY, XLK, and XLC, noting that conviction climbs when daily and weekly RRG tails align to point northeast together. Bitcoin is sprinting into the leading quadrant next to a reinvigorated SPY, while bonds, commodities, and a weakening U.S. Dollar drift into lagging territory, underscoring an equity-friendly backdrop.

This video was originally published on June 12, 2025. Click on the icon above to view on our dedicated page for Julius.

Past videos from Julius can be found here.

#StayAlert, -Julius

Thousands of activists from around the world are expected to descend on Egypt on Thursday for a “Global March to Gaza,” a movement aiming to break the Israeli blockade that has pushed the territory to the brink of famine.

The march puts Egypt in an awkward position as it tries to balance its ties with Israel and the United States against its public condemnation of the war’s brutal toll on Gaza’s civilians. A key mediator with direct channels to both Hamas and Israel, Cairo has been wary of the conflict spilling over into its territory. It has kept its side of the Rafah crossing closed to Palestinians, even as anger at Israel’s actions continues to rise at home.

In a statement Wednesday, Israeli Defense Minister Israel Katz said he expects the Egyptian government “to prevent the arrival of jihadist demonstrators to the border of Egypt-Israel and not to allow them to carry out provocations and to try to enter into Gaza.”

This will “endanger the security of IDF (Israel Defense Forces) soldiers and we will not allow it,” Katz added.

The international activists will be joined by another convoy of 2,000 protesters arriving from Tunisia. That group arrived in Libya, which neighbors Egypt, on Wednesday, organizers said.

Among those joining the march are Nkosi Zwelivelile Mandela, a former South African lawmaker and grandson of Nelson Mandela, and Hala Rharrit, a former US State Department diplomat who resigned from her US government position during the Biden administration over Washington’s handling of the Gaza war.

As Israel’s war in Gaza enters its 21st month, high-profile international campaigners are becoming increasingly active in their attempt to break the siege.

On Monday, Israel intercepted a Gaza-bound aid ship, the “Madleen,” detaining its passengers and taking them to Israel.

Among the activists on board was Swedish climate and human rights activist Greta Thunberg and French member of the European Parliament Rima Hassan. Thunberg departed Israel on Tuesday and Hassan remains in Israeli detention.

Israel imposed a full humanitarian blockade of Gaza on March 2, cutting off food, medical supplies and other aid to the more than 2 million Palestinians in the territory for 11 weeks.

Faced with growing international pressure, it began allowing a trickle of aid in late May. But humanitarian organizations say it is only a fraction of the aid that entered the enclave before the war.

Organizers of the Global March to Gaza have said that they have reached out to Egyptian authorities, informing them of their plans and asking for cooperation and protection but have received no response.

The Egyptian foreign ministry said in a statement that activists must obtain permits ahead of their arrival in Cairo.

“Egypt stresses the importance of adhering to these established regulatory measures to ensure the safety of visiting delegations due to the sensitive security conditions in this border area since the onset of the crisis in Gaza,” the ministry said, adding that “that no requests or invitations will be considered or responded to if submitted outside the framework specified by the regulatory provisions.”

Organizers said they followed “all the required protocols detailed in this statement.”

On Thursday, organizers said 170 people are currently facing delays and deportations at Cairo airport, but that thousands of participants are already in Egypt and are determined to continue their march.

Egyptian authorities “have no reason not to support this march,” Rharrit said, adding that delegations across the world had informed Egyptian embassies of their plan well ahead of time.

“There have been meetings with Egyptian ambassadors. Egyptian authorities have not said no,” she said, adding that the march is “in line with everything Egypt has been trying to do diplomatically.”

This post appeared first on cnn.com

A huge collection of historic gold coins, recovered from the wall of a house in France after their owner passed away, has been sold for millions of euros at auction.

The coins were collected by Paul Narce, who lived in a small village in south-west France until his death in 2024, according to Beaussant Lefèvre and Associates.

“Narce, who lived a modest life and didn’t see a lot of the world, spent all of his money on his collection,” said coin expert Thierry Parsy in a statement previewing the sale.

Over the years, he built up a collection of gold coins “exceptional both in number, with more than 1,000 pieces, as well as the rarities it contains,” said Parsy.

Many of the coins date back centuries, according to Parsy.

Among them are ancient coins from the Kingdom of Macedonia, dating to 336-323 BC, as well as almost complete series of coins used during the reigns of French Kings Louis XIV, Louis XV and Louis XVI.

Narce had no direct descendants and only a few people knew of his hobby.

However, no one knew where he kept his collection, which “could have remained undiscovered forever,” said Parsy, were it not for a notary who set out to find the coins in the house, which had been empty since Narce moved into a care home a year before he died.

The notary eventually found the coins in a small space in the wall, hidden behind a painting in a store room.

In addition to the carefully labelled collection, the notary also found 10 packages, each containing 172 gold 20 franc coins, equivalent to an ingot of gold.

The final sale far exceeded the pre-auction estimate of 2 million euros ($2.43 million).

This post appeared first on cnn.com

Western countries have slashed foreign aid budgets this year and reductions will steepen in 2026, with the United States, United Kingdom, Germany and Canada cutting the most, according to a new analysis from the Center for Global Development (CGD).

Smaller nations will also be hammered by the reduction in foreign aid, with Lesotho, Micronesia and Eswatini each losing around 50% of their aid.

The analysis looked at projections of bilateral aid – money provided directly to another country rather than routed through multilateral organizations such as United Nations agencies or the World Bank – for 2025 and 2026.

The US is projected to cut the most, with a projected 56% reduction compared to levels two years ago.

The Trump administration’s gutting of the US Agency for International Development (USAID) earlier this year has already left a hole in many international aid budgets, and several other Western nations are following suit rather than filling the void.

“A big, big chunk of overall cuts in the next couple of years are going to be from the US pulling out, rather than other countries. But these other countries are making things worse,” said Crawfurd, a senior research fellow at the CGD.

The UK aid cuts are estimated to represent a roughly 39% reduction compared to 2023 levels of spending. Meanwhile, Germany is cutting about 27%, Canada 25% and France 19% of their international aid budgets.

The true level of aid cuts remains unclear, as the Trump administration’s proposed budget and other government proposals are still making their way through legislatures. But some funding cuts are almost guaranteed.

British Prime Minister Keir Starmer announced in February that his government would increase the UK’s defense spending by cutting its aid budget to 0.3% of gross national income in 2027, its lowest level since 1999.

Many organizations and aid workers have raised alarm about European governments pitting aid budgets against defense spending.

“Cutting the already lean aid budget is a false economy and will only increase division and amounts to a betrayal of the world’s most vulnerable people,” said Halima Begum, head of Oxfam GB. “It is a false dichotomy to pit international cooperation to tackle poverty against national security interests in order to avoid tax increases.”

Crawfurd said that bilateral aid is a “really small part of government budgets” and the money for defense or security could be found elsewhere. “It’s a choice… it’s a political choice,” he added.

The think tank wrote in its analysis that “one striking takeaway is that some countries are projected to lose large amounts of ODA (official development assistance) simply because of who their main donors are – while others are projected to lose very little” – a game of chance, with losses not matching up to the recipient country’s needs.

Yemen, for example, is projected to experience a 19% fall in its bilateral funding compared to 2023, while its “comparable” neighbor country Somalia is projected to lose about 39%.

The UN Office for the Coordination of Humanitarian Affairs (OCHA) has also warned that multilateral aid cuts are threatening efforts to tackle 44 of the highest-priority, protracted humanitarian crises. As of April, only 11.9% of the funding for UN response plans had been covered.

Minimizing the damage

The CGD is urging Western donors to reallocate aid to the poorest countries to try to “ensure that resources are directed to populations in greatest need.”

Western countries also need to improve coordination to mitigate further damage, especially as they are withdrawing from countries receiving aid, the think tank said.

In some countries, the cuts will change who the largest donor is, which “can lead to major shifts in what gets funded and how,” according to the CGD. For example, Portugal will likely overtake the US in aid to Angola, and Japan is projected to overtake France in Egypt. “A new lead donor may not continue the same programs” or may take time to get up and running, according to the analysis.

Giving a larger share of aid to multilateral organizations can also help improve international cooperation and cut down on duplication of aid efforts.

This post appeared first on cnn.com

An Air India plane bound for London carrying 242 people crashed shortly after take-off in western India on Thursday.

Videos showed a huge plume of black smoke billowing into the sky. Rescue workers have scrambled to put out the fire and search for potential survivors.

Here’s what we know.

What happened and when?

The flight, AI171, took off at 1:39 p.m. local time (4:09 a.m. ET) from Ahmedabad’s Sardar Vallabhbhai Patel International Airport in India’s western state of Gujarat, according to a statement from India’s Directorate General of Civil Aviation. It was headed to London Gatwick, and scheduled to land at 6:25 p.m. local time (1:25 p.m. ET).

But shortly after take-off, the plane gave a Mayday call to air traffic control (ATC), the Indian civil aviation authorities said.

“Thereafter no response was given by the aircraft to the calls made by ATC. Aircraft immediately after departure from Runway 23, fell on ground outside the airport perimeter,” the statement said.

The plane had reached an altitude of 625 feet when its signal was lost, according to data from flight tracker FlightRadar24.

Videos showed the Boeing 787-8 Dreamliner descending, before disappearing behind buildings and bursting into a fireball.

Gujarat is also the home state of India’s Prime Minister Narendra Modi. Modi was chief minister of the state from 2001 to 2014.

The plane hit a hostel for doctors when it crashed, with images showing the tail of the plane protruding from the building. In the debris-strewn street below, rescue workers rushed to put out the flames and search among the charred wreckage for survivors.

What plane was involved?

The crash is the first major incident involving a Boeing 787 Dreamliner since the aircraft first came into service in 2011, according to the aircraft maker.

Boeing said it is “working to gather more information” about the crash.

The manufacturer said there are more than 1,175 Dreamliner passenger aircrafts in service, accounting for 2,100 flights each day.

Shares in Boeing tanked by more than 7% in pre-market trade Thursday following the crash of one of its passenger aircraft in India.

Stocks in many other airlines also fell, including London-listed IAG – the parent company of British Airways. Shares in Germany’s Lufthansa, United Airlines, American Airlines and Delta Air Lines also fell on Thursday.

Who was on board?

Air India said there were 169 Indian nationals on the flight, in addition to 53 Britons, seven Portuguese and one Canadian.

The UK and India have strong cultural ties and a complicated history dating back to Britain’s colonial era. There is a large Indian diaspora in the UK of about 1.9 million people – or 3.1% of the population – according to the latest census data in 2021.

The Ahmedabad city police commissioner told the Associated Press that there appears to be no survivors from the crash.

Modi said the crash was “heartbreaking beyond words” and that he was in touch with the authorities involved in the disaster. British Prime Minister Keir Starmer said the scenes were “devastating.”

Natarajan Chandrasekaran, the chairman of Air India, said the carrier was “doing everything in our power to assist the emergency response teams at the site and to provide all necessary support and care to those impacted.”

How rare are incidents like this?

If the death toll is confirmed the crash is the deadliest worldwide since 2014 when a Malaysia Airlines jet was shot down over eastern Ukraine, killing all 298 people on board.

Air India was bought by Indian multinational conglomerate Tata Group in 2022, and was widely regarded as a historic homecoming. Originally founded by J.R.D. Tata in 1932 before being nationalized in 1953, the deal marked the return of Air India to its original owners after nearly 70 years of government control.

Prior to the purchase, Air India was seen as a struggling, debt-ridden airline. The carrier has seen a few rare but high-profile plane crashes in recent years.

In 2020, at least 18 people died in 2020 after an Air India Express plane – a wholly owned subsidiary of Air India – crashed in the southern state of Kerala after skidding off the runway.

In 2018, an Air India Boeing 737 aircraft was damaged after hitting an airport wall during takeoff.

And in 2010, 158 people were killed after an Air India plane crashed after the jet overshot a runway in southern India.

These incidents spurred Indian authorities to improve safety and infrastructure, but challenges remain, including airspace congestion.

Since Air India’s 2022 acquisition, the airline has undergone a significant transformation and modernization effort as it looks to tap into the demand of India’s burgeoning middle class.

This post appeared first on cnn.com

Peru is weighing sending what it considers highly dangerous foreign inmates to prisons in El Salvador, the prime minister said on Thursday, potentially following in the footsteps of US deportations of migrants to the Central American nation.

Peruvian Prime Minister Eduardo Arana did not immediately detail what such an agreement with El Salvador would look like, but the US has paid El Salvador to imprison Venezuelan migrants it alleges are gang members.

“The government is evaluating bilateral cooperation mechanisms for the transfer of highly dangerous foreign inmates to their countries of origin, including specialized centers such as the CECOT in El Salvador,” Arana told Congress.

He did not clarify whether Peru would only send Salvadoran prisoners to the nation or whether other foreign inmates could be sent as well. The prime minister’s office did not immediately respond to a request for comment.

The CECOT is El Salvador’s notorious maximum-security prison known for its harsh conditions, which have drawn sharp outcry from human rights groups.

Arana added that the Andean nation was seeking development bank financing to build more prisons of its own as it deals with overcrowding and a recent crime wave.

Peru has declared states of emergency in regions across the country in recent months, including in capital Lima, to tackle crime. In May, illegal miners kidnapped and killed 13 mine workers in Peru’s northern district of Pataz.

This post appeared first on cnn.com

It seemed impossible, but shortly after news broke that an Air India flight had crashed in the city of Ahmedabad, video started circulating on social media showing a man walking from the scene in a bloodstained shirt.

Then, it emerged there was one survivor: a British national of Indian origin, identified as Vishwash Kumar Ramesh by the Hindustan Times.

“Thirty seconds after takeoff, there was a loud noise and then the plane crashed. It all happened so quickly,” it quoted him as saying in an interview at the hospital where he was being treated.

He said he had been visiting family and was returning to the UK with his brother, who had been sitting in a different row. He didn’t know if his brother had survived, he said.

Air India later confirmed that of the 242 people on board the flight, 241 had died, making Ramesh the sole survivor.

His cousin Ajay Valgi told reporters in Leicester, England, that Ramesh had called his family to tell them he’s “fine,” adding that they were upset about his brother and all of the others who died.

“He has some blood in the images, but he’s not very badly injured. He is very comfortable and under strict observation, no issues,” said Dr. Rajnish Patel, professor and head of surgery at Ahmedabad Civil Hospital.

Ramesh’s survival was described as miraculous by a British member of parliament.

The doctor added that the death toll is likely to rise.

Earlier Thursday, Swapnil Bhalodia of the Indian Medical Association Medical Students Network said at least three medical students had died in the crash and another 30 were injured.

The plane was headed for London’s Gatwick airport and was carrying Indian, British, Canadian and Portuguese nationals.

This post appeared first on cnn.com