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Moving average strategy, trend trading, and multi-timeframe analysis are essential tools for traders. In this video, Joe demonstrates how to use two key moving averages to determine if a stock is in an uptrend, downtrend, or sideways phase. He then expands on applying this concept across multiple timeframes to gain a significant edge when trading pullbacks.

In addition, Joe provides insights into the current state of commodities, highlighting areas showing signs of improvement, and covers major indices. Finally, he addresses viewer-submitted symbol requests, including LMT, BABA, and more, offering his technical analysis on each.

The video premiered on April 16, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

Epic things are coming to Orlando.

In a little more than a month, Universal will officially open the doors of its newest theme park, the first major theme park in the Florida area in 25 years, spurring a major shift in Orlando’s tourism industry.

Epic Universe is the largest of all Universal properties at 750 acres and features five themed worlds: The Wizarding World of Harry Potter — The Ministry of Magic, Super Nintendo World, How to Train Your Dragon — The Isle of Berk, Celestial Park and Dark Universe.

It will join Universal Studios and Walt Disney World in theme park mecca Orlando.

Tourism has long been the leading sector in central Florida, drawing both domestic and international visitors. More than 74 million people journeyed to Orlando in 2023, contributing around 50% of the total sales tax collected in Orange County.

Epic Universe is not only expected to bolster theme park revenues for Universal, as well as its rival just down the highway, Disney, but also bring in billions of dollars to the local economy.

“This is the first major, entirely new theme park in the U.S. in 25 years. This is a compelling reason to visit Orlando,” said Casandra Matej, CEO of Visit Orlando, a tourism trade association. “So, when you see a major milestone project such as Epic Universe, you know it’s going to have definitely a domino effect of economic benefits for our community.”

This post appeared first on NBC NEWS

Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has dramatically slashed its online ad spending in the U.S. and seen its ranking in Apple’s App Store plunge following President Donald Trump’s sweeping tariffs on trade partners.

Temu, which is owned by Chinese e-commerce giant PDD Holdings, had been on an online advertising blitz in recent years in a bid to attract deal-hungry American shoppers to its site. With hefty spending on TV ads as well across Facebook, the company promoted clothing, jewelry, home goods and electronics at bargain basement prices.

The strategy was so effective that Temu topped Apple’s list of the most downloaded free apps in the U.S. for the past two years. Downloads of Temu on Apple’s App Store have fallen 62% in recent days, according to data from SimilarWeb, a digital data and analytics company. Ads for 50-cent eyebrow trimmers and $5 t-shirts that used to blanket Google search results and Facebook feeds have all but disappeared.

President Trump’s tariffs have upended Temu’s business model, along with its advertising strategy. Packages shipped from China are now subject to a tariff rate of 145%, while the de minimis provision, which allows shipments worth less than $800 to enter the country duty-free, is set to go away on May 2.

Temu and Shein, a fast-fashion marketplace with ties to China, plan to raise their prices in response to the tariffs. Both companies posted notices to their websites in recent days that warned they’ll be raising prices late next week.

“Due to recent changes in global trade rules and tariffs, our operating expenses have gone up,” Temu said on its site. “To keep offering the products you love without compromising on quality, we will be making price adjustments starting April 25, 2025.”

Sellers on Amazon’s third-party marketplace, many of whom source their products from China, have said they’re considering raising prices as they reckon with higher costs from the tariffs. Many businesses on TikTok Shop, the social media app’s marketplace, also count on Chinese manufacturers for their items.

Amazon launched a competitor to Temu last November, called Amazon Haul, which features items under $20 that are largely from China.

The Temu app is now No. 69 in a list of the top free apps in the U.S., after consistently ranking in the top 10, according to data from Sensor Tower. Shein is currently at 42, down from 15 last month. PDD’s shares that trade in the U.S. have plummeted 22% this month, compared to the Nasdaq’s 6% drop. Shein is privately held.

Rival Chinese retailers have subsequently risen to the top of the app store ranks, including Beijing-based wholesaler DHgate, which surged to the No. 2 top free iPhone app in the U.S., and Alibaba’s Taobao, which ranked No. 7. Bloomberg reported on Tuesday that viral videos promoting their cheap products have spurred the download frenzy.

A separate analysis by SimilarWeb showed Temu’s paid traffic, or search, display and social media advertising that drove visits to its website, has dropped 77% since April 11. Temu’s paid traffic previously outpaced nonpaid traffic to its website by 2 1/2 times, Ben Parkes, a consumer goods and retail analyst at Similarweb, said in an interview.

Marketing firm Tinuiti found that 20% of U.S. Google Shopping ad impressions were bought by Temu on April 5. A week later, that number had fallen to zero. By comparison, Shein’s impressions remained at 17% on April 12, while 60% of impressions were bought by Amazon.

Representatives from Temu and Shein didn’t immediately respond to requests for comment.

Temu was previously one of Meta’s largest advertisers, but it appears to have dramatically scaled back its spending on the platform. As of Wednesday, Temu is running six ads across Meta platforms in the U.S., a review of Meta’s ad library shows. Temu is running approximately 27,000 ads across Meta sites and apps globally, particularly in Europe and the U.K.

That could be troublesome for Meta’s advertising business, which has gotten a significant boost from the discount retailer. Advertising analyst Brian Wieser at Madison and Wall estimated that more than $7 billion of Meta’s $132 billion in ad revenue in 2023 came from China. Meta is scheduled to report first-quarter results on April 30.

E-commerce analyst Juozas Kaziukenas said he expects Temu to turn its ads back on in the U.S. at some point, but that the company appears to be shifting its dollars to other markets in the interim.

“It doesn’t mean Temu usage has dropped as significantly as the app did,” Kaziukenas said in an email. “But it means that new user acquisition is gone.”

This post appeared first on NBC NEWS

France said Tuesday it was expelling 12 Algerian diplomatic officials a day after Algeria announced the expulsion of the same number of French officials in escalating tensions between the two countries.

Algeria said Monday that its expulsion of 12 French officials was over the arrest of an Algerian consular official by French authorities in a kidnapping case, but relations between the two sides have been deteriorating since last summer.

That’s when France shifted its position to support Morocco’s autonomy plan for Western Sahara – a disputed territory claimed by the pro-independence Polisario Front, which receives support from Algeria.

Tensions further peaked in November after Algeria arrested French-Algerian writer Boualem Sansal, who is an outspoken critic of Islamism and the Algerian regime. He has since been sentenced to five years in prison – a verdict he subsequently appealed.

In addition to what French officials called the “symmetrically” calibrated expulsion of 12 Algerian officials, France’s ambassador to Algiers also was being recalled home for consultations, a statement from the French presidential palace said Tuesday.

It said Algerian authorities were responsible for “a brutal deterioration in our bilateral relations.”

French Foreign Minister Jean-Noël Barrot said on X that Algeria’s decision was “unjustified” and that dialogue “cannot go one-way.”

French counterterrorism prosecutors said three Algerian nationals in total were arrested last week and handed preliminary charges of “kidnapping or arbitrary detention … in connection with a terrorist undertaking.”

The group is allegedly involved in the April 2024 kidnapping of an Algerian influencer, Amir Boukhors, or Amir DZ, a known critic of the Algerian government with 1.1 million followers on TikTok.

The Algerian foreign affairs ministry said the arrest of the consular official as part of the kidnapping case aimed to “humiliate Algeria, with no consideration for the consular status of this agent, disregarding all diplomatic customs and practices, and in flagrant violation of the relevant conventions and treaties.”

The latest surge in acrimony followed a brief easing of tensions about two weeks ago when French President Emmanuel Macron called Algerian counterpart Abdelmadjid Tebboune. French officials said at the time that they had agreed to revive bilateral relations.

This post appeared first on cnn.com

An Israeli fighter jet dropped a bomb near an Israeli community on the Gaza border on Tuesday night as a result of what the Israel Defense Forces (IDF) called a “technical malfunction.”

The bomb fell near the Nir Yithzak kibbutz adjacent to southern Gaza, which sits approximately two miles from the border.

“A short while ago, a munition fell from an IDF fighter jet that was on its way to a mission in the Gaza Strip. The munition landed in an open area near Nir Yitzhak due to a technical malfunction,” the Israeli military said in a short statement.

The IDF did not say what type of bomb it was.

There are no injuries as a result of the bomb falling, the military said, and the incident is now under review.

A spokesman for Nir Yitzhak said the bomb landed in the village’s farm area.

The kibbutz is in contact with military officials and expects a thorough investigation, the spokesman said.

According to Israel’s Central Bureau of Statistics, Nir Yitzhak has a population of approximately 550 people.

It was one of the villages that came under attack in the Hamas-led attack on October 7, 2023.

According to an interview in Israel’s YNet news in February, about half of the kibbutz has returned to live in the community.

The incident is extraordinarily rare, but not entirely unprecedented.

Last May, an Israeli fighter jet accidentally dropped a bomb on the community of Yated, which neighbors Nir Yitzhak.

The munition did not explode and was collected by Israeli forces.

One month later, an Israeli tank shell fired in southern Gaza deviated from its target and impacted near the border fence, according to the IDF.

Shrapnel damaged a car in southern Israel as a result of the impact.

This post appeared first on cnn.com

Peru’s former First Lady Nadine Heredia requested asylum at the Brazilian Embassy in Lima on Tuesday, the same day she and her husband, former President Ollanta Humala, were sentenced to 15 years in prison on money laundering charges.

The embassy informed Peru that Heredia had arrived Tuesday morning, according to a statement from the Peruvian Foreign Ministry. It’s unclear if she entered the facility before or after the sentence was announced by the Peruvian Judiciary.

The trial relates to alleged illicit contributions to Humala’s election campaigns in 2006 and 2011.

Prosecutors had alleged that Humala’s Nationalist Party received illicit contributions from the Venezuelan government and the Brazilian construction company Odebrecht to finance his campaigns.

Humala and his wife had previously denied any wrongdoing.

Humala was in attendance as a judge read out the verdict on Tuesday, three years after the trial began. Heredia did not attend.

Moments after the ruling was announced, the judiciary ordered Humala to start serving his sentence immediately and be sent to prison.

“The panel has said that the illegality of the crimes can be verified along the way – that is inadmissible. Here, in oral trial and in sentencing, affirmations must be made, no longer presumptions,” he argued.

Prosecutors were seeking 20 years in prison for the former president and 26 years for the former first lady.

This post appeared first on cnn.com

Ecuador has been requesting foreign military support for months, saying that its fight against gangs is a “transnational war” that requires the contribution of multiple countries.

Noboa said that while his administration “would love to have” US forces in Ecuador, he insisted that they would not be out patrolling the streets. Instead, they would play a supportive role in Ecuador’s security operations.

“We would like to cooperate with US forces, and I think there are many ways that we can do that, especially in monitoring illegal operations that move out of Ecuador, but the control of the operations will be in the hands of our military and our police,” he said.

The US has previously carried out operations in that area. From 1999 to 2009, it ran surveillance flights targeting drug routes in the eastern Pacific at the now-defunct Manta Air Base.

He said the US had been waiting until the outcome of Sunday’s election to resume talks. Noboa won the vote decisively against leftist lawyer Luisa González, having campaigned on a promise to restore security with a hardline approach and revitalize the economy.

Noboa, who was born and educated in the United States, has been trying to boost cooperation with Washington on various issues – from trade to migration. On the latter issue, he says he wants to improve living conditions at home to incentivize Ecuadorians to remain in the country, instead of migrating to the US.

Asked whether his relationship with US President Donald Trump is comparable to the one Trump has cultivated with El Salvador’s strongman President Nayib Bukele – who has agreed to take in deported migrants from the US accused of violent crimes – Noboa said his situation is different.

“My case is different than El Salvador’s case. And we both respect each other. We both support each other, but at the same at the same time, different realities. And we need to view things according to each country and each country,” he said, noting that he has invited both Trump and Bukele to his inauguration on May 24.

Asked whether another meeting with US officials was on the horizon, he replied, “Yes, I think sooner (rather) than later.”

The national police says the start to the year has been the most violent in the country’s history, with more than 2,500 homicides. Data from organized crime research center InSight Crime suggests Ecuador now has the highest homicide rate in Latin America, with nearly twice as many killings as Mexico. The surge has been fueled by drug trafficking routes, turf wars and alliances between local gangs and foreign cartels.

In March, Noboa also announced a “strategic alliance” to fight organized crime with Erik Prince, the founder of the controversial private defense contractor formerly known as Blackwater.

This post appeared first on cnn.com

Africa’s electric vehicle (EV) market is accelerating. But so far, one particular group of potential users — rural women — has largely been left behind, with investors favoring electric motorbike start-ups that serve a predominantly urban and male clientele. One company thinks it has the answer: electric tricycles.

“The boys with the two-wheelers get all the money,” said Shantha Bloemen, founder of Mobility for Africa, a Zimbabwean start-up with a 77% female customer base and one of a handful of EV companies in Africa operating solely in rural areas. Bloemen exclusively supplies tricycles, generally preferred by female riders in rural areas due to their non-straddling seat and greater stability on uneven roads. “Three-wheelers mean you’re inclusive of women,” she said.

Bloemen sees tricycles as the key to unlocking for rural women the potential of Africa’s EV market, which is expected to grow to $28.3 billion by 2030, according to data from Mordor Intelligence. She wants the continent to follow in the footsteps of Asia-Pacific, where tricycles are popular. “I want to be everywhere,” she said, “I want to be the queen of tricycles.”

For her customers, the vehicles, designed to cope with the unsurfaced roads, are transformative. “It has changed (our) way of life,” said Beauty Simango, 33, resident of the Zimbabwean village of Hauna and, since May last year, one of more than 300 people to lease or buy an electric tricycle from Mobility for Africa.

Simango no longer spends hours each day walking to fetch water or deliver crops to the market. By transporting goods and running a taxi service, her weekly income has increased from $30 to $150, although she now pays $65 towards her lease and regular battery swapping. Within 12 months, she will have paid off the price of the vehicle ($2,340). With her weekly profit, Simango pays her children’s school fees and funds farming projects. “It has helped our self-esteem as women,” she added.

But Mobility for Africa has struggled with a lack of investment. While Bloemen has raised a total of $6 million since 2019, half of which is from grants, including $380,000 from the Toyota Mobility Foundation, companies selling motorbikes in cities have been far more successful. Ampersand in Rwanda, whose clientele is, according to CEO Josh Whale, “overwhelmingly” male, raised over $21 million in a single year ending in August 2024. Spiro, the giant of the sector, has tens of millions of dollars in financing.

Most EV companies are focused on urban areas due to greater population density, said Tom Courtright, research director at the Africa E-Mobility Alliance think tank. Currently, most electric bikes and trikes must regularly swap their batteries at purpose-built facilities (Mobility for Africa currently has six such facilities) — but the cost of building and running these facilities can deter investors in areas with low populations. Currently, Courtright said, “urban areas are a better bet.”

For now, women in rural Africa must wait for the EV revolution to reach them. “Things are definitely moving in that direction,” said Ampersand’s Whale, “it’s just that the low hanging fruit is in the cities.”

This post appeared first on cnn.com

If last weekend’s tech tariff exemptions teach us anything, it’s this: trying to make near-term market forecasts based on tariff assumptions is a fool’s errand.

But that leaves a big question for active investors near or in retirement: How do you make smart decisions when the market’s running on chaos?

On Monday morning, when all three broader U.S. stock market indexes were in the green, I pulled up the new StockCharts Market Summary page and glanced at the Keller Market Models panel to check the S&P 500’s short-term, medium-term, and long-term trend positions. According to this model’s forecast, the S&P 500, despite its short- and medium-term declines, still has its uptrend intact. If this reading of the market environment remains as is, then perhaps it’s time to look for signs of a major reversal to the upside.

But what if the bullish reversal isn’t broad-based? What if it moves by sectors instead?

One way to check is by looking at the Bullish Percent Indexes (BPIs) within the Market Summary. Here’s what it showed on Monday:

FIGURE 1. BULLISH PERCENT INDEXES.  Looking at the sectors—gold miners isn’t a sector—Consumer Staples and Utilities were the two that showed signs of hope.

The BPI is a breadth indicator that tells you the percentage of stocks (within a given index) generating Point & Figure Buy Signals.

An early warning bullish alert is triggered when the BPI is below 30% and then forms a new column of X’s (rises). On Monday, the only two sectors flashing these alerts were Consumer Staples (42.11%) and Utilities (45.16%). However, there’s a less obvious issue here. If the S&P 500’s long-term uptrend holds and eventually pulls the short- and medium-term trends higher, the leadership matters.

Defensive sectors don’t typically drive or sustain bull markets. These sectors are where investors go when they’re playing it safe, not when they are betting on growth. In contrast, sectors like Technology or Consumer Discretionary usually take the lead in a true risk-on environment.

Take a look at the Consumer Staples BPI chart.

FIGURE 2. CONSUMER STAPLES BPI. Watch how price reacts to the support (magenta lines) and resistance ranges (blue-shaded area).

Using the Consumer Staples Select Sector SPDR Fund (XLP) as a sector proxy, watch how its price reacts to key near-term resistance levels (marked by magenta lines) and the support zone (blue-shaded area). The ZigZag overlay highlights swing highs and lows, helping you spot the near-term trend: higher highs and higher lows (HH + HL) signal an uptrend, while lower highs and lower lows (LH + LL) indicate a downtrend. While the BPI for staples is flashing a bull alert, it is price action that ultimately defines the trend and provides the setup for whether to act or sit tight.

Now, switch over to the Utilities sector BPI chart, using the Utilities Select Sector SPDR Fund (XLU) as a proxy.

FIGURE 3. UTILITIES SECTOR BPI. Pay attention to the lower side of the price channel.

While XLU faces a sideways range scenario similar to XLP, utilities are managing to make lower lows. This is why I used Price Channels here, whereas, in the Consumer Staples example, I overlaid a ZigZag line—the channels can better illustrate this subtle detail.

Does this indicate relative weakness in XLU vs. XLP? Possibly, but it depends on whether XLU’s price swings can penetrate the upper channel (resistance) while staying above the lower channel (support), which it previously failed to do.

But to answer the question of relative performance, this PerfCharts shows that XLU has been outperforming XLP—and both have outpaced the S&P 500—over the last year.

FIGURE 4. COMPARING THE PERFORMANCE OF THE S&P 500, XLU, & XLP. Is the Utilities sector overbought or taking a breather?

Whether Utilities have room for further upside is largely dependent on the broader market environment, which, for now, remains unpredictable. So keep an eye on the technical levels instead.

What to Do Now

Defensive sectors don’t lead bull markets; they are the sectors where investors hide out during turbulence. Right now, the market feels less like a cycle and more like a geopolitical chess match, where the moves are unpredictable, unorthodox, and hard to price in. If you decide to go “defensive,” Consumer Staples and Utilities may make sense, but only if the price action supports your goals, and likely only as a short-term play.

That said, if you’re nearing retirement, it’s just as important to keep capital on the sidelines—ready to go on “offense” when the broader bull market kicks back in.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Hertz is notifying customers that a data hack late last year may have exposed their personal data.

The rental-car giant said an analysis of the incident that it completed on April 2 found the breach affected some customers’ birthdates, credit card and driver’s license data and information related to workers’ compensation claims.

The hack occurred between October and December 2024, Hertz said, adding that “a very small number of individuals” may have had their Social Security numbers, passport information and Medicare or Medicaid IDs impacted as well.

The company didn’t disclose how many of its customers were affected by the cyberattack.

Hertz said the hackers accessed the information through systems operated by Cleo Communications, one of its software vendors, and said it was one of “many other companies affected by this event.”

Cleo didn’t immediately respond to a request for comment.

“Hertz takes the privacy and security of personal information seriously,” the company said in a statement, adding that it has reported the breach to law enforcement and is also alerting the relevant regulators. It’s offering two years of free identity-monitoring services to Hertz customers affected by the breach.

This post appeared first on NBC NEWS