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…
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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…
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Business
Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy
by adminLAS VEGAS. — Former Starbucks CEO Howard Schultz said Wednesday that he “did a cartwheel” in his living room when current chief executive Brian Niccol first coined his “back to…
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Politics
Trump’s DOGE efficiency agency says it slashes $25B in federal spending as rehiring begins
by adminThe Department of Government Efficiency (DOGE) announced on Wednesday it has decreased its annual non-defense federal obligations by an additional ~1.9% since last month. As of June 8th, annual non-defense…
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Politics
House advances Trump’s $9.4B spending cuts package targeting NPR, PBS, USAID to House-wide vote
by adminPresident Donald Trump’s $9.4 billion spending cuts package survived a key hurdle on Wednesday afternoon, setting the measure up for a final House-wide vote later this week. Trump’s proposal, which…
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Politics
Democrat Congresswoman draws boos over ‘shameful’ sexism remark in committee hearing with Treasury Secretary
by adminA House Ways and Means Committee hearing took an unexpected turn Wednesday when Rep. Linda Sanchez (D-CA) accused Treasury Secretary Scott Bessent of interrupting her because of her gender—prompting audible…
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Politics
Trump says he is open to extending trade deal deadline for other countries: ‘I would’
by adminPresident Donald Trump said Wednesday he was willing to extend the deadline for countries to reach a trade deal with the United States, but he doesn’t think it will be…
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The Gaza Humanitarian Foundation’s (GHF) new chairman is ignoring critics and keeping his focus on what he calls the group’s ‘singular mission’ of making sure the people of Gaza have…
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Joe kicks off this week’s video with a multi‑timeframe deep dive into the 10‑year U.S. Treasury yield (TNX), explaining why a sideways coil just below the 5% level could be…
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Business
U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs
by adminNintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up…
