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S&P 500 Weekly Price Forecast – stock markets continue to bang up against resistance

The S&P 500 rallied significantly during the week but gave back its gains above the 2900 level. Because of this, the market ended up forming a shooting star, which of course has caused some issues. At this point, it looks as if we are still trading headlines. …read more […]

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Deadly New Mexico bus crash prompts negligence claims

A California-based trucking company and one of its drivers were accused of negligence Friday in a pair of lawsuits as investigators sorted through the wreckage from a deadly bus crash on a New Mexico highway. The Greyhound bus carrying nearly 50 people was headed west along Interstate 40 on Thursday when a semitrailer going in the opposite direction lost the tread on its left front tire and veered across a median and smashed into the bus, police said. Passing motorists stopped to help passengers climb out of the wreckage before authorities arrived. …read more […]

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Apple self-driving car rear ended during road testing

Apple executives have never publicly spoken about the company’s self-driving car programme, but filings in a criminal court case last month confirmed that the company had at least 5,000 employees working on the project and that it was working on circuit boards and a “proprietary chip” related to self-driving cars. Apple is entering a crowded field where rivals such as Alphabet Inc’s (GOOGL.O) Waymo unit and traditional carmakers such as General Motors Co’s (GM.N) Cruise Automation, as well as startups such as Silicon Valley’s Zoox, are pouring billions of dollars into cars that can drive themselves. On Aug. …read more […]