Millions of Americans woke up to a devastating Christmas Eve as people witnessed destructive winds, heavy snow, and power cut across the country.
In New York’s Buffalo area, strong winds and heavy snow made visibility close to zero Friday into Saturday, with winds gusting up to 65 mph and making temperatures feel well below zero.
If history is any guide, there may be trouble ahead for shares of InterContinental Hotels (NYSE:IHG). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.