Month: August,2024

Israeli strike kills at least four Palestinians leading aid convoy in Gaza

Israeli strike kills at least four Palestinians leading aid convoy in Gaza


August 31, 2024
An Israeli strike on a humanitarian vehicle in Gaza has left four people dead amid confusion over the convoy’s travel plans through the war-torn Palestinian enclave, according to aid organization American Near East Refugee Aid (Anera). The victims were all local Palestinians involved with a transportation company contracted by Anera, according to the organization. They had […]
Argentina arrests man accused of links to 1978 killing by leftwing terror group

Argentina arrests man accused of links to 1978 killing by leftwing terror group


August 31, 2024
Authorities in Argentina have arrested a man on decades-old allegations of involvement in a militant Marxist group responsible for the 1978 kidnapping and death of a former Italian prime minister, according to a government statement. Leonardo Bertulazzi, identified in the statement as an Italian citizen, had been living in the country under refugee status since […]
‘Blood type O. DM me’: Myanmar’s poorest are so desperate they’re turning to social media to sell their kidneys

‘Blood type O. DM me’: Myanmar’s poorest are so desperate they’re turning to social media to sell their kidneys


August 31, 2024
Editor’s Note: If you or someone you know is struggling with suicidal thoughts or mental health matters, please call the 988 Suicide & Crisis Lifeline by dialing 988 to connect with a trained counselor, or visit the 988 Lifeline website. Delivery driver Maung Maung’s wife and young daughter hadn’t eaten in three days, he recalled, when […]
Floods in Yemen kill nearly 100, damage thousands of homes

Floods in Yemen kill nearly 100, damage thousands of homes


August 31, 2024
Severe floods have killed at least 97 people in Yemen over the past month and deepened food shortages for millions of others already displaced by years of war, according to a United Nations body. Deluges have impacted at least 56,000 homes across the country, according to the Office of the United Nations High Commissioner for […]
Roadside executions the latest grim chapter for Pakistan’s oldest insurgency

Roadside executions the latest grim chapter for Pakistan’s oldest insurgency


August 31, 2024
Truck driver Munir Ahmed was motoring along a darkened highway after a long day unloading sacks of rice in Pakistan’s Sindh province late Sunday, when he crossed over into Balochistan. “When they got down from the trucks, they were asked to show their identity cards. After checking the identity card, four people were taken aside […]
They vanished for weeks. Now Russia says it detained two Colombian men on suspicion of fighting for Ukraine

They vanished for weeks. Now Russia says it detained two Colombian men on suspicion of fighting for Ukraine


August 31, 2024
Russian authorities say they have detained two Colombian men suspected of fighting for the Ukrainian military – a shocking twist in the weeks-long case of their disappearance since mid-July. The last time Cielo Imbachí heard from her husband was more than 40 days ago, while he was on a layover in the Venezuelan capital Caracas. […]
Northern Israeli students face uncertain school year as conflict with Hezbollah persists

Northern Israeli students face uncertain school year as conflict with Hezbollah persists


August 31, 2024
With one year left until graduation, 17-year-old Ziv Zinger hopes to begin the academic year on September 1 like other students across Israel. But that hope remains uncertain for him and others from the country’s Northern District, who are grappling with the reality of displacement as Israel’s conflict with Hezbollah in Lebanon drags on without […]
‘Nothing is left’: Israel’s military tells Gaza residents to go home but they find only rubble

‘Nothing is left’: Israel’s military tells Gaza residents to go home but they find only rubble


August 31, 2024
For the first time since the Israeli military began ground operations in Gaza in October, the Israel Defense Forces (IDF) has sent out messages to people’s phones and on social media saying that the residents of some areas can return to their neighborhoods. The IDF posted on X, formerly known as Twitter, on Thursday that people who had been ordered […]
Netanyahu clashes with defense minister over Gaza deal terms, Israeli media reports say

Netanyahu clashes with defense minister over Gaza deal terms, Israeli media reports say


August 31, 2024
A bitter dispute about the conditions for a hostage and ceasefire deal in Gaza erupted between Israeli Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallant at a meeting of the Israeli security cabinet on Thursday night, according to multiple reports in Israeli media. The Philadelphi corridor is currently controlled by the IDF. The deployment of […]
Russian helicopter with 22 on board goes missing near Far East volcano

Russian helicopter with 22 on board goes missing near Far East volcano


August 31, 2024
A Russian helicopter carrying 22 people has gone missing near a volcano in the Kamchatka peninsula in the country’s Far East, according to the local governor. The Mi-8T helicopter had 19 passengers and three crew members on board before it disappeared on Saturday, Kamchatka Krai governor Vladimir Solodov said in a video statement. It had […]
MarketCarpet Report: Stock Market Remains Resilient With Dow Notching a Record Close

MarketCarpet Report: Stock Market Remains Resilient With Dow Notching a Record Close


August 31, 2024
The thin trading ahead of Labor Day weekend is here. Despite that, on Thursday, the Dow Jones Industrial Average ($INDU) notched a record-high close. The S&P 500 ($SPX) was flat, and the Nasdaq Composite ($COMPQ) closed slightly lower. Both indexes traded higher for most of the trading day, but it seemed that traders sold off […]
NVDA is Not the Only Semiconductor Stock Out There

NVDA is Not the Only Semiconductor Stock Out There


August 31, 2024
It’s All Still Relative The weekly Relative Rotation Graph, as it looks toward the close of this Friday (8/30) shows a clear picture — out of Technology, into everything else. Simple enough, right? However, this is a relative comparison, so it only tells us whether a sector is in a relative up- or downtrend or […]
New Highs, But Danger Looms—Is XLF Heading for a Big Fall?

New Highs, But Danger Looms—Is XLF Heading for a Big Fall?


August 31, 2024
Financial sector stocks are at an all-time high, fueled partly by earnings beats, a favorable and higher interest rate environment, and sector sentiment. Investors are seeing value buying opportunities in many beaten-down financial stocks. Should you follow their lead? According to Fed Chief Powell’s latest remarks, rate cuts are on the horizon. Lower interest rates […]
Charting Forward: Opportunities You Can Seize in September

Charting Forward: Opportunities You Can Seize in September


August 31, 2024
It’s a quiet end to August, with the broader stock market indexes wavering higher and lower. The Market Overview panel on the StockCharts Dashboard shows equity indexes closing higher. And yes, the Dow Jones Industrial Average ($INDU) closed at a record high. FIGURE 1. MARKET OVERVIEW PANEL IN THE STOCKCHARTS DASHBOARD. All broader indexes were […]
What Would a Top in Semiconductors Mean for the S&P 500?

What Would a Top in Semiconductors Mean for the S&P 500?


August 31, 2024
After Nvidia (NVDA) dropped after earnings this week, investors are once again reminded of the importance of the semiconductor space. I think of semis as a “bellwether” group, as strength in the VanEck Vectors Semiconductor ETF (SMH) usually means the broader equity space is doing quite well. Today, we’ll look at a potential topping pattern forming for […]