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Posts by Stocks Run The World

Pentagon fails 7th audit in a row, unable to fully account for $824B budget

Pentagon fails 7th audit in a row, unable to fully account for $824B budget

November 17, 2024
The Pentagon failed its seventh consecutive audit on Friday as the agency was unable to fully account for its massive $824 billion budget, though officials were confident the Department of Defense ‘has turned a corner’ in understanding its budgetary challenges going forward. The audits resulted in a disclaimer of opinion, which means auditors were provided […]
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JOE MANCHIN: The American people picked Trump. Now is the time to deliver solutions for everyone

JOE MANCHIN: The American people picked Trump. Now is the time to deliver solutions for everyone

November 17, 2024
Today, we celebrate the strength of our democracy. In record numbers, Americans from every corner of this country cast their ballots, showing up and making their voices heard. This turnout reaffirms a commitment to our democratic ideals that we can all be proud of. Our heartfelt thanks go out to the poll workers who worked […]
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Iranian anti-regime activist who died by suicide buried in Tehran

Iranian anti-regime activist who died by suicide buried in Tehran

November 16, 2024
Warning: This story contains descriptions of self-harm that some readers might find distressing Iranian activist Kianoosh Sanjari, who died by suicide this week in protest at political imprisonments by the regime, was buried Friday in the capital Tehran. Sanjari took his own life Wednesday at the age of 42, jumping off a building in downtown […]
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Israel’s war conduct in Gaza ‘consistent with the characteristics of genocide,’ UN Special Committee finds

Israel’s war conduct in Gaza ‘consistent with the characteristics of genocide,’ UN Special Committee finds

November 16, 2024
Israel’s war conduct in Gaza “is consistent with the characteristics of genocide,” including mass civilian casualties and using starvation as a weapon, according to a new United Nations Special Committee report released Thursday. “Through its siege over Gaza, obstruction of humanitarian aid, alongside targeted attacks and killing of civilians and aid workers, despite repeated UN […]
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Young Chinese flock to ‘academic pubs’ as space for free expression shrinks

Young Chinese flock to ‘academic pubs’ as space for free expression shrinks

November 16, 2024
Sipping a hazy beer in a dimly lit Shanghai pub, Liang Xiao found himself immersed in a sociology lecture that astounded him. Beneath a projector screen, a Chinese PhD student at an elite American university was explaining how modern states were built to a crowd of more than 40 young urbanites who packed the tiny […]
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Hospital fire kills 10 newborn babies in northern India

Hospital fire kills 10 newborn babies in northern India

November 16, 2024
Lucknow, India (AP) — A fire tore through a neonatal intensive care unit in a hospital in northern India, killing 10 newborn babies and injuring 16 others, authorities said. The fire occurred late Friday at a hospital in Jhansi city, Uttar Pradesh state. Officials said the blaze spread quickly through the ward, where 55 infants […]
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Zelensky says Ukraine war will end ‘faster’ under Trump presidency

Zelensky says Ukraine war will end ‘faster’ under Trump presidency

November 16, 2024
Ukrainian President Volodymyr Zelensky has said Russia’s war in Ukraine will end “faster” when Donald Trump takes over as US president. Speaking in a radio interview with Ukrainian public broadcaster Suspine on Friday, Zelensky said “I believe that the war will end,” adding that there is “no exact date.” However, he said, the war “will […]
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Iran ‘categorically denies’ UN envoy met Elon Musk

Iran ‘categorically denies’ UN envoy met Elon Musk

November 16, 2024
Iran’s foreign ministry denied that a meeting was held between the Iranian ambassador to the United Nations and Elon Musk, the world’s wealthiest person and close ally of US President-elect Donald Trump, Iranian state media reported Saturday. The New York Times reported the meeting took place earlier this week, citing two Iranian officials. But Iran’s […]
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Bad news mounts for Ukraine across the frontlines. But Russia is under pressure too

Bad news mounts for Ukraine across the frontlines. But Russia is under pressure too

November 16, 2024
The bad news keeps coming. Wherever Kyiv looks, Moscow seems to have the advantage. Russia is making gains at key spots along the frontlines of eastern and southeastern Ukraine, while unleashing wave after wave of aerial terror against Ukrainian cities. At the same time, Moscow is preparing to launch a counteroffensive in the southern Russian […]
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Israel pounds southern Beirut as Hezbollah considers fresh ceasefire proposal

Israel pounds southern Beirut as Hezbollah considers fresh ceasefire proposal

November 16, 2024
Intense Israeli strikes targeted areas of Beirut’s southern suburbs Saturday as the Lebanese militant group Hezbollah considered its response to a fresh ceasefire proposal. The strikes marked the fifth straight day of Israeli attacks on the Dayiyeh region of Beirut, a Hezbollah stronghold. Lebanon’s National News Agency said three areas were hit. The Israel Defense […]
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Week Ahead: NIFTY May See Mild Rebounds; Painful Mean Reversion May Continue

Week Ahead: NIFTY May See Mild Rebounds; Painful Mean Reversion May Continue

November 16, 2024
The Indian benchmark Nifty 50 extended its corrective decline. Over the past four sessions of a truncated week, the Nifty 50 index remained largely under selling pressure, and the markets continued with their process of mean-reversion. The volatility, though, did not show any major surge. The volatility gauge, IndiaVIX rose by a modest 2.11% to […]
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Spotting a Bullish Opportunity in Zscaler (ZS) with OptionsPlay Strategy Center

Spotting a Bullish Opportunity in Zscaler (ZS) with OptionsPlay Strategy Center

November 16, 2024
As the cybersecurity landscape continues to evolve with increasing digital threats, Zscaler, Inc. (ZS) stands out as a new opportunity after lagging for most of 2024. Recent chart setups in Zscaler stock suggest ZS may be gearing up for a significant bullish trend. In this analysis, we will break down the bullish signals and Zscaler’s […]
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Are the Magnificent 7 Still the Kings of Wall Street?

Are the Magnificent 7 Still the Kings of Wall Street?

November 16, 2024
There’s no denying the strength that the mega-cap growth names have exerted on the equity markets in 2024. With their outsized weight in the major equity averages, and their strong performance into November 2024, the Magnificent 7 stocks in many ways reflect the investor optimism that has been much of the story of this bull market. […]
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Biotechs Fall Apart with Dark Cross Neutral Signal

Biotechs Fall Apart with Dark Cross Neutral Signal

November 16, 2024
(This is an excerpt from the subscriber-only DP Weekly Wrap for Friday) On Friday, the Biotechnology ETF (IBB) 20-day EMA crossed down through the 50-day EMA (Dark Cross) and above the 200-day EMA, generating an IT Trend Model NEUTRAL Signal. IBB recently switched to a BUY Signal on Friday November 8, and we said at […]
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Tech Stocks Plunge: What This Means for Investors

Tech Stocks Plunge: What This Means for Investors

November 16, 2024
“The economy is not sending any signals that we need to be in a hurry to lower rates.” These words from Chairman Powell impacted the stock market much more than this week’s inflation data. The stock market started selling off on Thursday afternoon and continued to do so Friday, with the broader stock market indexes […]
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