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February 6, 2025

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In this exclusive StockCharts video, Joe presents a trading strategy using the simple moving average. Explaining what to watch and how it can tell you what timeframe to trade, he shares how to use it in multiple timeframes. Joe covers the QQQ and IWM and explains the levels to monitor in both indices. Finally, he goes through the symbol requests that came through this week, including KR, IBM, and more.

This video was originally published on February 5, 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.

Nearly 3,000 people have been killed in the city of Goma in the eastern Democratic Republic of Congo, according to the United Nations, after it was captured by rebels following days of fierce fighting with the Congolese army.

Vivian van de Perre, deputy head of the UN mission in DR Congo, said Wednesday that “so far 2,000 bodies have been collected from the Goma streets in recent days, and 900 bodies remain in the morgues of the Goma hospitals.”

“We expect this number to go up,” she told reporters in a video call from the city, which is home to about 2 million people. “There are still many decomposing bodies in certain areas.”

The retrieval of the bodies comes after the rebel coalition, Alliance Fleuve Congo (AFC) – which includes the M23 armed group – announced a ceasefire from Tuesday “in response to the humanitarian crisis caused by the Kinshasa regime,” referring to DR Congo’s government.

The government on Tuesday described the ceasefire as “false communication,” and heavy fighting has continued to be reported in South Kivu province, the UN said Wednesday.

DR Congo – a country of more than 100 million people – has experienced decades of violence driven by ethnic tensions and fights over access to land and mineral resources, causing one of the world’s largest humanitarian crises.

Congo, the United States and UN experts accuse neighboring Rwanda of backing M23, which is mainly made up of ethnic Tutsis who broke away from the Congolese army more than a decade ago.

Since 2022, M23 – which claims to defend the interests of minority communities including the Tutsi – has waged a renewed rebellion against the Congolese government, occupying a large expanse in North Kivu, which borders Rwanda and Uganda.

The province, of which Goma is the capital, is home to rare minerals – including vast deposits of coltan – which is crucial to the production of phones and computers.

Heavy fighting reported

Van de Perre said Wednesday that while the UN hoped the ceasefire would hold, “it appears that is not the case,” with ongoing fighting reported along a main road toward the South Kivu capital of Bukavu.

“In Bukavu, tensions are rising as the M23 moves closer, just 50km north of the city,” Van de Perre told reporters, calling the situation in South Kivu province “particularly concerning.”

Rebel groups appear to continue gaining ground in the mineral-rich eastern region, capturing a town 100 kilometers (60 miles) from Bukavu, the Associated Press reported Wednesday, citing civil society officials and residents.

Van de Perre said the UN is “gravely concerned” at losing Bukavu’s Kavumu airport, which she said is “critical for ongoing civilian and humanitarian use around South Kivu.”

The rebel alliance has emphasized previously it has “no intention of capturing Bukavu or other areas,” where many displaced people from Goma have fled. “However, we reiterate our commitment to protecting and defending the civilian population and our positions,” it said.

Rebels have made a string of territorial acquisitions in recent weeks in the nation’s east and the group’s leader has expressed the intention of capturing more cities, including the national capital Kinshasa.

Kinshasa lies around 930 miles (1,500 kilometers) away from Goma, on the vast country’s western edge.

“We are going to fight until we get to Kinshasa. We have come to Goma to stay; we are not going to withdraw. We are going to move forward from Goma to Bukavu … up to Kinshasa,” he said.

In Goma, Van de Perre said the rebel group is consolidating control over the city and territories of North Kivu that it has already seized.

The Congolese government has not confirmed the rebels’ takeover but acknowledged their presence in Goma. Last week, a new military governor was appointed for North Kivu, which was described by the Congolese military as being “under a state of siege.”

“We remain under occupation (in Goma). The situation is still highly volatile with a persistent risk of escalation,” Van de Perre said Wednesday. “All exit routes from Goma are under their control and the airport, also under M23 control, is closed until further notice.”

“The escalating violence has led to immense human suffering, displacement and a growing humanitarian crisis,” Van de Perre said.

Nearly 2,000 civilians are sheltering at UN peacekeeping bases in Goma, she said.

This post appeared first on cnn.com

Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight turned into a headache for NASA.

The Starliner program reported charges of $523 million for 2024 — its largest single-year loss to date — Boeing reported in a filing on Monday. The company noted that Starliner is under a fixed-price contract from NASA, so “there is ongoing risk that similar losses may have to be recognized in future periods.”

Since 2014, when NASA awarded Boeing with a nearly $5 billion fixed-price contract to develop Starliner, the company has recorded losses on the program almost every year.

Boeing’s program competes with Elon Musk’s SpaceX, which has flown 10 crew missions for NASA and counting on its Dragon capsules.

Last summer, Boeing’s first crew flight went awry after part of the capsule’s propulsion system malfunctioned. While Starliner delivered astronauts Butch Wilmore and Suni Williams to the International Space Station, NASA made the decision to bring Starliner back empty and use SpaceX to return the crew early this year — an agency choice that recently became politicized.

Neither Boeing nor NASA have provided details on how or when they plan to resolve the Starliner propulsion issue.

Boeing last week confirmed that Starliner Vice President Mark Nappi was leaving his role, Reuters reported, with the company’s ISS program manager John Mulholland named as his replacement. Mullholland previously led the Starliner program from 2011 to 2020.

Nearly four months ago, NASA said it was keeping “windows of opportunity for a potential Starliner flight in 2025,” but scheduled SpaceX to fly both its crews on missions launching in spring and late summer. NASA then specified that “the timing and configuration of Starliner’s next flight will be determined once a better understanding of Boeing’s path to system certification is established.”

The agency has not given an update on Starliner since making those comments in October.

This post appeared first on NBC NEWS