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Top Stories

Thu, May 25th, 2023
Best Buy reports declines in 1Q profits and sales as gadget spending remains weak

Best Buy reported declines in fiscal first-quarter sales and profits as the nation’s largest consumer electronics chain continues to wrestle with a consumer spending slowdown in gadgets

BBY : 69.15 (-0.49%)
Swedish online fashion retailer blocks 42,000 customers citing excessive return pattern

Sweden-based online fashion retailer Bootz AB says it has blocked 42,000 customers for returning too many items they had purchased

New Bedford once lit the world with whale oil. Now it wants to do the same with wind power

The vessel UHF Felicity pulled into the port of New Bedford shortly before 5:00 Wednesday afternoon carrying massive parts for offshore wind turbines

Delaware taps artificial intelligence to evacuate crowded beaches when floods hit

Delaware officials are hoping an influx of federal infrastructure money means that future evacuations of crowded beaches during floodwaters can happen automatically through artificial intelligence

Shift to clean energy accelerating, but coal investments too high, report says

The International Energy Agency says energy security concerns and policy support from rich countries are speeding up reliance on clean energy

$SPX : 4,115.24 (-0.73%)
$DOWI : 32,799.92 (-0.77%)
$IUXX : 13,604.48 (-0.50%)
Stock market today: US futures mixed as worries persist over US debt; Germany slips into recession

Trading on Wall Street was mixed early as markets watched for signs of progress on a deal to avert a default on U.S. government debt

TSM : 90.13 (-0.34%)
$SPX : 4,115.24 (-0.73%)
$DOWI : 32,799.92 (-0.77%)
$IUXX : 13,604.48 (-0.50%)
How the end of the COVID health emergency affects your Medicare

The COVID-19 public health emergency that started in January 2020 ended on May 11, 2023

Cyprus making extra efforts to ensure air safety amid Turkish warplane incursions

Cyprus authorities say they’re taking extra efforts to ensure flight safety isn’t compromised from Turkish warplanes and military drones flying inside Cypriot-monitored airspace without filing either...

UK household energy bills to fall in July, bringing some relief in cost-of-living crisis

Britain’s energy regulator says the typical household energy bill will come down by around $495 a year starting in July as global wholesale energy prices decline

$SPX : 4,115.24 (-0.73%)
$DOWI : 32,799.92 (-0.77%)
$IUXX : 13,604.48 (-0.50%)
Germany economy shrinks in first quarter, signaling one definition of recession

The German economy has shrunk unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession

$SPX : 4,115.24 (-0.73%)
$DOWI : 32,799.92 (-0.77%)
$IUXX : 13,604.48 (-0.50%)

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History in the making 👇 $NVDA https://t.co/eJe3xKPFhK
Barchart
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Do Triple Top Chart Patterns exist? (Doing a poll as there appears to be some debate from the earlier Gold tweet)
Barchart
@Barchart
Nvidia $NVDA is expected to derive 50-60% of its 2023 revenue from artificial intelligence according to research from JP Morgan. Here is a list showing the % of revenue other companies expect to earn this year from AI: https://t.co/2zbQ0y7dyq
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Potential Triple Top for Gold? H/T: @Callum_Thomas https://t.co/06Cyi4QuSM
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Updated Nvidia $NVDA Trader's Cheat Sheet based on yesterday's closing price https://t.co/mnCQkWqY7c
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Treasury Bills maturing around the U.S. Treasury's "X" date are yielding more than 6% which is higher than some corporate bonds sold by junk-rated companies https://t.co/GzprhP5gHM
Barchart
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Food inflation proving sticky in the UK as the average cost of an English Breakfast is up an average of 22% year-over-year. In fact, every single item that makes up Bloomberg's Breakfast Index has increased since April 2022. https://t.co/pPdQYJqp5R
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Expectations of a Federal Reserve June interest rate hike are increasing. Fed swaps are now pricing in a 40% chance of a 25bps hike in June. https://t.co/oAw2rwUUcC
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@Barchart
Did you miss today's webinar "Barchart's Indispensable Tools for Trading the Futures Markets?" No worries as it's now available on our YouTube Channel 👇 Link: https://t.co/ALIauEbvMG https://t.co/ALkessSiUD
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Fed Governor Christopher Waller believes additional interest rate hikes are coming and won't support a pause right now https://t.co/Ny5iinaycM
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The Treasury Yield Curve (10Y-3M) is a perfect 8/8 in forecasting recessions since 1968. Duke University Professor Campbell Harvey believed it was showing a false warning in January. He now believes it is real and only questions how deep the recession will be. https://t.co/rgWiTZ4aNj
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A U.S. credit rating downgrade is being considered by Fitch Ratings https://t.co/MxZOb10QKv
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7 Fear & Greed Indicators: * Market Momentum (Greed) * Stock Price Strength (Neutral) * Stock Price Breadth (Fear) * Put and Call Options (Extreme Greed) * Market Volatility (Neutral) * Safe Haven Demand (Greed) * Junk Bond Demand (Greed) https://t.co/qRmhZnyEa8 https://t.co/G0EZ5FBfky
Barchart
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Here is how much money you need to be among the Top 1% in the World's 10 Richest Countries: https://t.co/BWuQwM3qZA
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ETFs w/ most active options trading: $SPY - 9.076M $QQQ - 3.153M $IWM - 1.022M $XLI - 387k $HYG - 382k $KRE - 308k $TQQQ - 253k $EEM - 243k $UVXY - 243k $SLV - 234k $XLF - 203k $SQQQ - 197k $EWZ - 192k $TLT - 142k $ARKK - 124k $EFA - 123k $SOXL - 116k $GLD - 101k $XHB - 76k
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Stocks w/ most active options trading: $TSLA - 2.178M $NVDA - 930k $AMZN - 837k $AAPL - 722k $NU - 422k $AMD - 396k $PLTR - 385k $BABA - 358k $NIO - 330k $NFLX - 315k $GOOGL - 295k $DIS - 285k $META - 283k $MSFT - 279k $PFE - 267k $ETRN - 226k What options did you trade?
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% of Large Cap Stocks Above Their Moving Averages https://t.co/qoXV3Chkvo
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Stock Market Fear & Greed Index = 61 (Greed) https://t.co/EuG3dB1zK3
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Dividends from the world's largest 1,200 publicly traded companies hit a record $326.7 billion during the 1st quarter, a 12% increase YOY https://t.co/iTXZT7eLkK
Barchart
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Central Banks bought 1,079 tonnes of gold bullion in 2022, the most ever since record keeping began in 1950. https://t.co/9uPBBZPFL0 https://t.co/GlOwh0NP7Y

Chart of the Day

N-Able Inc (NABL)

The Chart of the Day belongs to the software company N-Able (NABL) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature...
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