For the past 40 days, tariff-related uncertainty has shaken the markets, pushing the S & P 500 into a correction. In times like these — when headlines are filled with fear, talk of 20% drops, or looming recessions — technical analysis serves as a powerful anchor. It removes emotion from the equation and allows you to trade based on clear signals. When a setup presents itself, you enter the trade. If that setup is invalidated, you exit. While markets are currently sitting at a critical support level, and any breakdown could trigger another leg lower, it’s essential to remain objective.…
Author: usaeverydaylife
By Tim Britton, Johnny Flores Jr. and Andy McCulloughEvery week, we ask a selected group of our baseball writers — local and national — to rank the teams from first to worst. Here are the collective results, with the average rankings of our panel in parentheses.The first weekend of the baseball season offered its usual cornucopia of familiar sights and unexpected delights. Shohei Ohtani sent a baseball soaring over the fence at Dodger Stadium; Aaron Judge sent four of his own into orbit in the Bronx. Zack Wheeler looked sharp. Paul Skenes threw hard. Matt Chapman still knows how to pick…
US President Donald Trump, alongside Secretary of Treasury Scott Bessent (L) and Secretary of Commerce nominee Howard Lutnick (R), signs an executive order to create a US sovereign wealth fund, in the Oval Office of the White House on February 3, 2025, in Washington, DC.Jim Watson | Afp | Getty ImagesWhite House aides have drafted a proposal that would levy tariffs of roughly 20% on most imports, the Washington Post reported Tuesday. The report cited three people familiar with the matter. It also said White House advisers cautioned that several options are still on the table, meaning the 20% tariffs…
Tesla had a rough first quarter, and Wells Fargo doesn’t see a rebound anytime soon. The bank named the electric vehicle maker an underweight tactical idea for the second quarter. It holds an a $130 price target on shares, which suggests about 50% downside potential from Monday’s close. Shares tumbled nearly 36% during the first three months of the year, marking their worst quarterly performance since the fourth quarter of 2022. Back then, they lost more than 50%. Weakening sales, as well as CEO Elon Musk’s growing political profile have sent the stock tumbling. Analyst Colin Langan sees more pressure…
US President Donald Trump speaks to the press before signing an Executive Order, alongside US Secretary of Health and Human Services Robert F. Kennedy Jr. (L) and US Secretary of Commerce nominee Howard Lutnick (R), at the Oval Office of the White House in Washington, DC on Feb. 25, 2025. Jim Watson | AFP | Getty ImagesHealth and Human Services Secretary Robert F. Kennedy Jr., an anti-vaccine crusader, is not qualified to have any power at the agency that’s supposed to protect the health of Americans, said research analysts at Cantor Fitzgerald, which was formerly headed by Commerce Secretary Howard Lutnick.Cantor’s…
Photo illustration shows the TikTok logo displayed on a mobile phone screen.Sopa Images | Lightrocket | Getty ImagesFor the second time this year, TikTok is staring at a deadline that could determine its fate in the U.S. and that of numerous creators and brands that have built businesses on the Chinese-owned social app.The sense of urgency that led some creators to post wistful goodbye videos in January has shifted to a more cautiously optimistic outlook, with creators and firms saying they believe TikTok will remain in the U.S. They are, however, hedging their bets. “I’m trying to be optimistic and hope…
Pope Francis’ health has continued to improve in the week since he left the hospital after a weekslong stay, the Vatican said Tuesday.During Francis’ 38-day stay at Policlinico A. Gemelli in Rome, he was treated for pneumonia and other infections. He experienced two episodes — a breathing crisis and a bronchial spasm that caused him to inhale some vomit — so severe that doctors said they did not think that he was going to make it, but survived and was discharged on March 23 to convalesce at his Vatican guesthouse.On Tuesday, the Vatican said that the pope’s blood tests were…
(This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors on Tuesday are focusing on opportunities in individual stocks as tariffs continue to spark volatility. We also look at the potential impact of auto tariffs on US jobs and the economy. Worldwide Exchange pick: AIG Jay Woods of Freedom Capital Markets said insurance giant AIG is a great buy for the current market environment. “It’s got great relative strength within the index, it’s the best in class,” he said. They have an…
Check out the companies making headlines in premarket trading. PVH Corp — The fashion stock soared about 16% on the back of stronger-than-expected earnings for the fourth quarter. The Calvin Klein and Tommy Hilfiger parent earned $3.27 per share, excluding items, on $2.37 billion in revenue, beating the consensus forecasts of analysts polled by LSEG for $3.21 a share and revenue at $2.33 billion. Johnson & Johnson — Shares pulled back 4% after a U.S. bankruptcy judge denied the health-care product maker’s $10 billion settlement proposal tied to thousands of lawsuits alleging its baby powder and other talc products caused…
Employees across the massive U.S. Department of Health and Human Services began receiving notices of dismissal on Tuesday in a major overhaul expected to ultimately lay off up to 10,000 people. The notices come just days after President Donald Trump moved to strip workers of their collective bargaining rights at HHS and other agencies throughout the government.Health Secretary Robert F. Kennedy Jr.’s announced a plan last week to remake HHS, which, through its agencies, is responsible for tracking health trends and disease outbreaks, conducting and funding medical research, monitoring the safety of food and medicine, and administering health insurance programs…