Charting Stocks

Japanese finance minister Shoichi Nakagawa, facing sharp criticism after he appeared drunk during a televised news conference, will step down.
Nakagawa denied being drunk and said he had mixed cold medicine with alcohol. “My conduct at the press conference was the result of medicine and some wine. I apologize for it,” he said in issuing [...]

One of the ways market technicians try to predict sector out performance is by conducting a relative strength analysis. In a bear market the price charts of most sectors and stocks are moving down with the market. Some sectors are moving down more than the market, and so they are relatively weaker, and some are [...]

Fitch Ratings downgraded Toyota Motor Corp.’s (TM:65.73) long-term foreign and local currency issuer default ratings and senior unsecured debt ratings to ‘AA’ from ‘AAA,’ with a negative outlook, late Tuesday. “Multiple negative developments, including the rapid and significant appreciation of the yen, the concurrent downturn in all major auto markets and high raw [...]