TrendSpider Blog
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A Blog About Technical Analysis and Trading. TrendSpider is the world's most powerful technical analysis platform for active traders.
TrendSpider Blog
23h ago
Strategic Defense Investment LMT (Lockheed Martin) has won a $17 billion contract to develop next-generation interceptors, underscoring the strategic importance of modernizing the United States’ defense capabilities. With a focus on countering evolving ballistic missile threats, this contract represents a ..read more
TrendSpider Blog
23h ago
Central Bank Holds Firm On Tuesday, top officials at the U.S. Federal Reserve, including Chair Jerome Powell, sharpened their hawkish tone, signaling a reluctance to provide guidance on interest rate cuts. With the current backdrop of three consecutive months of ..read more
TrendSpider Blog
2d ago
When it comes to trading and investing, knowledge is king. Anyone can easily see what’s on the charts or in the financial statements, but there is a whole world of data living in plain sight that few utilize. Certainly, you’ve ..read more
TrendSpider Blog
3d ago
Tesla’s Layoff Announcement Tesla recently disclosed in an internal email a significant workforce reduction exceeding 10%. This decision, the largest ever layoffs from the automaker, will affect approximately 14,000 employees. In the email, CEO Elon Musk said, “As we prepare ..read more
TrendSpider Blog
5d ago
Last week, we noted the clear bearish divergence that’s been forming since late last year, and it seems this week that the cracks are widening further. As the narrative around the potential for rate cuts continues to deteriorate, so does ..read more
TrendSpider Blog
1w ago
Revamping Mac Lineup with AI-Powered M4 Chips AAPL (Apple Inc.) is set to revolutionize its Mac lineup by introducing the M4 processor line, designed to invigorate sluggish computer sales. These in-house processors, boasting advanced artificial intelligence capabilities, mark a significant ..read more
TrendSpider Blog
1w ago
Costco’s Dividend Increase COST (Costco Wholesale) has announced yet another quarterly dividend payment to arrive on May 10th, 2024 to shareholders of record on April 26, 2024. The payment of $1.16/share represents a $0.14 increase from the last dividend paid ..read more
TrendSpider Blog
1w ago
Spread trading, which involves simultaneously buying one futures contract and selling another, is popular amongst traders and hedgers of all kinds. By exploiting the relationship between the legs of the spread rather than the market direction, spread trading provides a ..read more
TrendSpider Blog
1w ago
March’s Inflation Figures In March, CPI inflation rates rose once again, above expectations of 3.4% Factors Driving The Surge Various factors contribute to this inflationary surge. Supply chain disruptions, triggered by the pandemic, have eased, leading to decreased prices for ..read more
TrendSpider Blog
1w ago
Nonfarm Payrolls Come In Hot Data from the Bureau of Labor Statistics released Friday showed the labor market added 303,000 nonfarm payroll jobs in March of 2024, nearly 50% higher than the 214,000 expected by economists. The jobs came mostly from the ..read more