Chinese stocks wet on a tear from mid April to mid May with the China Large-Cap ETF (FXI) gaining some 40% and breaking its 200-day SMA. FXI then fell back over the last few weeks. This surge and pullback created a potential opportunity because some
In this StockCharts TV video, Mary Ellen reviews what drove the markets to new highs. She highlights S&P 500 sectors, plus stocks that have reversed their downtrends, pointing out good entry points. Mary Ellen also takes a close look at why stocks did not respond to
There is no denying that the primary trend for the S&P 500 remains bullish as we push to the end of Q2 2024. But what about the conditions "under the hood" of the major benchmarks? Today, we'll highlight three "signs of the bear" we're looking for, of
When Nvidia (NVDA) opens on Monday, it will have experienced a 10:1 split, and we should remember that one of the purposes of stock splits is to facilitate distribution. That is to say that the lower price after the split attracts investors who avoided the
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British tech entrepreneur Mike Lynch’s acquittal by a San Francisco jury on Thursday night has significant implications. The founder and former chief executive of Autonomy, a software company listed on the FTSE-100, was cleared of criminal charges alleging that he fraudulently inflated the company’s revenues
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Former US President Donald Trump has been found to be in breach of a British High Court order to pay £300,000 in legal costs to former MI6 agent Christopher Steele. Steele was the former spy who compiled the infamous dossier alleging Russian interference in the
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Grosvenor Family’s Wealth and Diversified InvestmentsThe Grosvenor family is widely recognized for their ownership of prestigious properties in the affluent districts of Mayfair and Belgravia in west London. However, this is only a small aspect of the larger Grosvenor Group, which manages the Duke of
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Administrators of The Body Shop are working towards selling the struggling cosmetics retailer by the end of the month. The former owner of the chain has reportedly decided against making an offer for it.According to sources, FRP Advisory, the firm appointed to handle the retailer’s
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A woman who claims to be the inspiration for the stalker character in the popular Netflix series Baby Reindeer has filed a lawsuit against the streaming platform seeking $170 million (£133 million) in damages.According to legal documents filed in a Californian federal court, Fiona Harvey,
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BBC Studios, the content arm of the BBC, is one of the potential buyers for the television production company that owns the rights to the popular children’s character, The Gruffalo. According to sources, this information was revealed by Sky News.The production company, Magic Light Pictures,
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