Pelican Press

S&P 500, Russell 2000 Break Key Trendlines – Deeper Correction Ahead? S&P 500, Russell 2000 Break Key Trendlines – Deeper Correction Ahead? I know there is the smell of fear in the air when I see my readership double as we reach a point where weekly chart factors come into play. Up until last week, markets have enjoyed steady advances since the swing lows of 2023, but that has started to change. It’s not all doom-and-gloom, but we have to consider a significant change is in play with respect to market trends. The cracked below its trend line on higher volume distribution with earlier ‘sell’ triggers in the MACD, On-Balance-Volume, and -DI/+DI. On the plus side, there was a successful test of the 50-week MA that may present an opportunity for a ‘bear trap’ *if* it can return above the trendline. There is also horizontal support around 5,700. This week will be about holding these last points of support and not seeing further losses. Likewise, the () also saw a trendline loss from a relatively new bull trend. There should be good support at $195, which is also near its 200-week MA (if even that’s a thing). If we fall below $195, then a move back to $160 becomes a strong possibility. Unlike for the S&P, technicals are net negative. Indices that are offering a ‘buy’ opportunity on weekly time frames are the and . The Dow Industrial Average finished the week on its 2023 trend support on mixed technical strength; ‘sell’ triggers in MACD and +DI/-DI vs ‘buy’ conditions in On-Balance-Volume and Stochastics (momentum). The lightly tagged 2023 trend support and may see a second test of support by the end of this week. The last week’s test also coincided with a successful test of the 50-week MA. On the downside, this weekly loss came on higher volume distribution but remains one of the more bullish indices. Where things get more ugly is in market breadth. We have 25% of Nasdaq stocks above their 50-day MA, and only 33% above their 200-day MA. 38% of Nasdaq Stocks are on point-n-figure ‘buy’ signal. On a slightly more positive front, the Nasdaq Summation Index is at -500, which has marked major lows in the past, but can fall below -1,000 before a bottom is marked. For the S&P 500, we have 47% above their 50-day MA and 52% above their 200-day MA, with 42% on point-n-figure ‘buy’ signal. These are more neutral readings and could go either way. Nobody knows which way the market will break, but you can prepare for it. When markets are above their 200-day MA you look to take profit; when they are below, you buy/accumulate. Source link #Russell #Break #Key #Trendlines #Deeper #Correction #Ahead Pelican News View the full article at [Hidden Content]

Dancing on Ice winner announced after delivering ‘brilliant’ performance Dancing on Ice winner announced after delivering ‘brilliant’ performance The latest series of Dancing on Ice has drawn to a close after its winners were announced following a public vote. Coronation Street actor Sam Aston and his skating partner Molly Lanaghan were crowned winners of the ice-skating competition on Sunday. BBC Springwatch presenter Michaela Strachan was the runner-up alongside her ice skating partner Mark Hanretty after former English footballer Anton Ferdinand and his skating partner Annette Dytrt lost the public vote. Former Olympic figure skater Christopher Dean, who was involved in choreographing the showcase routines of all three finalists, told Aston that “tonight, everything came together”. Before the winners were revealed, the Coronation Street star said his time on the competition had been “such a journey, it’s a mad one”. The 31-year-old was seen covering his face with his hands after he was announced as the winner. Aston and Lanaghan performed to The Pink Panther Theme, after which Dean told Aston he was “really proud of you”. Dean, alongside fellow former Olympic figure skater Jayne Torvill, choreographed the showcase performances of all three finalists. After Ferdinand lost the public vote, Aston and Strachan performed the pair’s Olympic gold medal winning Bolero routine, after which Torvill described Aston’s performance as “brilliant”. “I mean tonight, everything came together,” Dean said. “Your skating skills are always on show, but you had to have timing and acting,” Ferdinand and Dytrt were the first finalists to perform in the final episode and impressed the judges with their showcase routine to Let’s Go Crazy by Prince And The Revolution. The pair received a perfect score of 40 and the former English footballer told Dytrt that he had “thorough enjoyed this journey with you” on the show. Speaking about his experience on the show, Ferdinand said: “When you retire from football – I retired six years ago, and I lost a part of me – but… the team behind [the show] have made me start to feell like myself again.” Strachan performed with her skating partner to the song Don’t Rain On My Parade, which judge Oti Mabuse said “really touched me”, adding that she thought “the entire thing was absolutely beautiful”. Source link #Dancing #Ice #winner #announced #delivering #brilliant #performance Pelican News View the full article at [Hidden Content]

US Said to be Mulling DeepSeek Ban from Government Devices US Said to be Mulling DeepSeek Ban from Government Devices The Trump administration is weighing a ban on ******** AI chatbot DeepSeek from US government devices over national-security concerns, a person familiar with the matter said on Friday. US officials are worried about DeepSeek’s handling of user data, which the company says it stores in servers located in China, according to the Wall Street Journal, which first reported the news. Administration officials are also considering banning the chatbot from app stores and putting limits on how US-based cloud service providers could offer DeepSeek’s AI models to their customers, the Journal said, adding that those discussions are still at an early stage. DeepSeek’s low-cost AI models triggered a major sell-off in global equity markets in January, as investors worried that its arrival could threaten current AI market leaders. A group of 21 state attorneys general urged Congress on Thursday to pass a bill to bar government devices from downloading and using DeepSeek artificial intelligence software on government devices. The White House did not immediately respond to a request for comment. © Thomson Reuters 2025 (This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.) Source link #Mulling #DeepSeek #Ban #Government #Devices Pelican News View the full article at [Hidden Content]

Liberals’ Geraldton candidate Tim Milnes says it was an ‘honour’ to campaign despite disappointing result Liberals’ Geraldton candidate Tim Milnes says it was an ‘honour’ to campaign despite disappointing result Liberal Party candidate Tim Milnes says he respects the “people of Geraldton have spoken” in the wake of a disappointing election result for his campaign and the party. Source link #Liberals #Geraldton #candidate #Tim #Milnes #honour #campaign #disappointing #result Pelican News View the full article at [Hidden Content]

Five Key Moves in March the White House Has Made for Crypto – Decrypt Five Key Moves in March the White House Has Made for Crypto – Decrypt Five Key Moves in March the White House Has Made for Crypto DecryptHere’s How Much the Guests at Trump’s Crypto Summit Donated to His Inauguration The InterceptA non-crypto person’s guide to the ‘bitcoin strategic reserve’ CNNStablecoins will preserve dollar dominance, Bessent says Axios Source link #Key #Moves #March #White #House #Crypto #Decrypt Pelican News View the full article at [Hidden Content]

Essex couple fined £1,500 after migrant hid on motorhome Essex couple fined £1,500 after migrant hid on motorhome Jonathan Vernon-Smith BBC Three Counties Radio Henry Godfrey-Evans BBC News, Essex Joanne Fenton Border Force officials were called to Adrian and Joanne Fenton’s home in Essex after they found the man hidden in their bike rack A couple who discovered a migrant had clung to the back of their vehicle all the way home from France have been issued a £1,500 fine. Adrian and Joanne Fenton said they called police when they found the person zipped inside the cover of a bike rack at their home in Heybridge, Essex, in October. They later received a fine from the Home Office for failing to “check that no clandestine entrant was concealed” in the motorhome. The pair said they were drafting an appeal. The Home Office said penalties were “designed to target negligence rather than criminality”. “At no point did I believe I would be fined by taking correct and moral action,” said Mr Fenton, writing in an email exchange to the Home Office, seen by the BBC. “This action taken by Border Force to impose a fine only encourages travellers [or] holidaymakers in this position not to call the police but to let the stowaway abscond.” Adrian Fenton The migrant was latched on to the bike rack, under the covers, for a six-hour journey from France to Essex Speaking to the JVS Show on BBC Three Counties Radio, Mrs Fenton said the pair had been travelling in France with friends and returned to the *** via ferry on 15 October. The 55-year-old said border officials in Calais and the *** had not inspected the bike rack or the cover before or after the crossing. Retired firefighter Mr Fenton, 57, had been at the wheel for the six-hour journey before the pair arrived home at 22:15 BST. Mrs Fenton said her husband unzipped the “really tight” cover they had been using for their bicyckes on the back of the motorhome. “He sees two trainers… goes to have a look, and there’s two legs attached to it,” she recalled. “He’s gone ‘Jo, you need to phone the police. We’ve got a stowaway.'” Mrs Fenton said she offered the young man a bottle of water, to which he said “thank you”. She said he told police he was from Sudan, and that he was 16 years old. Joanne Fenton told her story to BBC Three Counties’ JVS Show The Essex couple were travelling in Australia over Christmas when they received an email from the Home Office with details of the offence and fine. It said they failed to “check that no clandestine entrant was concealed in the vehicle”, but Mrs Fenton contested that technically he was clinging to the outside rather than aboard the motorhome. The email also said the “entrant” was found by an authorised search officer, despite the couple saying they called the police the night they found him. The fine referenced asylum and immigration legislation. Maldon Conservative Sir John Whittingdale – their local MP – has written to the Minister for Border Security and Asylum Dame Angela Eagle, asking to review their concerns. Source link #Essex #couple #fined #migrant #hid #motorhome Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Philippines' Duterte brushes off possible arrest by ICC Philippines' Duterte brushes off possible arrest by ICC Ex-Philippine leader Rodrigo Duterte has told a Hong Kong rally he’ll accept an arrest amid reports the International Criminal Court is set to issue a warrant. Source link #Philippines039 #Duterte #brushes #arrest #ICC Pelican News View the full article at [Hidden Content]

Mark Carney to Be the Next Prime Minister of Canada – The New York Times Mark Carney to Be the Next Prime Minister of Canada – The New York Times Mark Carney to Be the Next Prime Minister of Canada The New York TimesLiberal leadership race: Mark Carney elected in a landslide CBC.caVideo: Mark Carney addresses Trump in first remarks as leader of Canada’s Liberal Party CNNWho is Mark Carney, the next prime minister of Canada? The Associated Press Source link #Mark #Carney #Prime #Minister #Canada #York #Times Pelican News View the full article at [Hidden Content]

Government to pledge to clean up Windermere Government to pledge to clean up Windermere Reuters Windermere attracts seven million visitors a year but campaigners say it is treated like an “open sewer” Environment Secretary Steve Reed is to pledge to ensure “only rainwater” enters England’s largest lake. On a visit to Windermere in Cumbria he said the government was “committed to cleaning up this iconic lake” as part of its Plan for Change scheme, which aims to upgrade crumbling water infrastructure using private investment. Wastewater from water companies and private sewage treatment, along with rural and urban land use, are among a range of pollution issues the lake faces. Reed said: “Windermere is a stunningly beautiful national treasure but it’s being choked by unacceptable levels of sewage pollution.” Part of the Lake District National Park Unesco World Heritage Site, Windermere is home to more than 14,000 people and its scenery attracts an estimated seven million visitors per year. But in 2024 it was revealed water company United Utilities repeatedly dumped millions of litres of raw sewage illegally into the lake over a three-year *******. Save Windermere Campaigners say pollution damage the environment causes harmful algal blooms and even kills fish Matt Staniek, a campaigner against sewage pollution and founder of Save Windermere, previously said Windermere was “the jewel in the crown of the Lake District National Park, and it’s being used as an open sewer”. Local groups and organisations – including Save Windermere, United Utilities and the Environment Agency (EA) – have set up a feasibility study to look into what is needed to eliminate sewage discharges into the lake from successful examples from around the world. The government said a first step was to look at new methods to reduce pollution from private sewage discharges into Windermere. These included new treatment plants, along with schemes which would let owners of septic tanks and package treatment works ask for a connection to the mains sewer under certain conditions. Restoring ‘natural beauty’ As part of the scheme, United Utilities will invest £200m towards upgrading 10 wastewater treatment works at Windermere and reducing spills from storm overflows into the lake to 10 per year by 2030. The Environment Secretary said there would also be 33 additional EA specialist officers in the region and a quadrupling of water company inspections. Reed said: “The government is committed to cleaning up this iconic lake. “That is why we are working with a range of local groups and organisations to stop all sewage going into the lake and restore it to its natural beauty.” Source link #Government #pledge #clean #Windermere Pelican News View the full article at [Hidden Content]

A Six-Pack of IPA (Interesting Points, Allegedly): Can Andrew McQualter continue this amazing Eagles streak? A Six-Pack of IPA (Interesting Points, Allegedly): Can Andrew McQualter continue this amazing Eagles streak? In A Six-Pack of IPA (Interesting Points, Allegedly), we look at the good omen for Andrew McQualter ahead of his first game leading West Coast, Geelong’s ridiculous record in home openers as Freo await, & more. Source link #SixPack #IPA #Interesting #Points #Allegedly #Andrew #McQualter #continue #amazing #Eagles #streak Pelican News View the full article at [Hidden Content]

Surprise strike at Hamburg Airport as major walkout set to begin at 12 more ******* hubs – Sky News Surprise strike at Hamburg Airport as major walkout set to begin at 12 more ******* hubs – Sky News Surprise strike at Hamburg Airport as major walkout set to begin at 12 more ******* hubs Sky NewsFlights cancelled at Hamburg airport as strike starts a day early Reuters.comGermany airport strikes cause major disruptions DW (English)Berlin airport cancels flights ahead of Monday’s strike. 10 other airports could see disruptions The Associated Press Source link #Surprise #strike #Hamburg #Airport #major #walkout #set #******* #hubs #Sky #News Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Six Nations 2025: Five talking points from round four as France, Scotland and England win Six Nations 2025: Five talking points from round four as France, Scotland and England win Ireland’s goal this campaign was to become the first side in Six Nations history to win three successive outright titles. Victories over England, Scotland and Wales secured the Triple Crown, and put interim Ireland head coach Simon Easterby two games from a Grand Slam. But a ruthless France scored five tries in a clinical display to outclass Ireland on their own patch. Their tally of 26 tries after four matches is just three shy of the overall championship record set by England in 2001. Following a surprise defeat by England in round two, Galthie has opted for a 7-1 bench spilt, which helped inflict an 11-try hammering of Italy. Ireland – like Italy in Rome – struggled once Galthie unloaded this powerful bench early in the second half, resulting in the most points the French have ever scored in Dublin. “I have never seen an Irish pack dominated so much,” former Wales back Jonathan Davies told BBC’s Six Nations Rugby Special. “Ireland have been very good and competed with everyone in the world, especially up front. The bench came on and blasted them.” France even ended up with flanker Oscar Jegou playing at centre for a large chunk of the second half after Pierre-Louis Barassi went off injured. The 21-year-old impressed out of position and put in a crunching covering crunching hit on Ireland fly-half Sam Prendergast to show incredible versatility. Source link #Nations #talking #points #France #Scotland #England #win Pelican News View the full article at [Hidden Content]

2025 MG S5 EV: *********** details uncovered for BYD Atto 3 rival 2025 MG S5 EV: *********** details uncovered for BYD Atto 3 rival The MG S5 EV is arriving soon as a replacement for the ZS EV, and government documents show there could be a wide range of variants on offer. The new electric SUV, based on the same platform as the MG 4, is due in Australia during the second quarter (April to June inclusive) of 2025. It could be one of several vehicles MG will reveal in Melbourne in April, and is one of a bevy of new vehicles the brand plans to launch in Australia this year as it plots a path to becoming a top-three brand by the end of the decade. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Camera IconChinese-market models shown Credit: CarExpert The approval documents show the single-motor, rear-wheel drive S5 EV, which unlike its predecessor rides a dedicated electric vehicle (EV) platform, will be offered with a range of batteries. There are 49kWh and 62kWh lithium iron phosphate (LFP) batteries, which are paired with a 125kW electric motor. A 64kWh nickel manganese cobalt (NCM) battery is also available, paired with a 170kW electric motor. According to the documents, each battery option is available with a choice of two different trim levels, and there’s a choice of 17- or 18-inch wheels. Camera IconSupplied Credit: CarExpert It’s worth noting government approval documents may list variants that don’t end up being offered. While WLTP range figures aren’t yet available, in China the 49kWh battery offers a claimed range of 425km on the more lenient CLTC cycle. The 62kWh battery offers a claimed range of 515km or 525km, depending on the variant. All models have vehicle-to-load (V2L) capability, allowing you to power external appliances. Camera IconSupplied Credit: CarExpert The S5 EV measures 4476mm long, 1849mm wide and 1621mm-1626mm tall on a 2730mm wheelbase. That makes it 21mm longer than a BYD Atto 3 on a 10mm longer wheelbase. According to local documents, tare mass is between 1635kg and 1725kg, depending on the variant. In China, the S5 EV – known there as the ES5 – can be had with features such as a power tailgate, a panoramic sunroof with a sunshade, as well as heated, ventilated and power-adjustable front seats. All models come standard with a 10.25-inch digital instrument cluster and 15.6-inch touchscreen infotainment system. Camera IconSupplied Credit: CarExpert Available safety equipment includes adaptive cruise control, autonomous emergency braking, blind-spot monitoring, lane-keep assist, rear cross-traffic alert, and safe exit warning. The S5 EV arrives after the new-generation ZS launched late last year, with a hybrid powertrain replacing the previously available electric powertrain and therefore giving the new S5 EV some breathing room. MG had Australia’s third best-selling EV last year with the MG 4 hatchback, with 6934 examples sold. The S5 EV will take aim at not only the BYD Atto 3, which was Australia’s fifth best-selling EV last year, but also the likes of the Hyundai Kona Electric and Chery Omoda E5. Source link #*********** #details #uncovered #BYD #Atto #rival Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

'The Righteous Gemstones' Season 4 Premiere: Bradley Cooper in Civil War – Variety 'The Righteous Gemstones' Season 4 Premiere: Bradley Cooper in Civil War – Variety ‘The Righteous Gemstones’ Season 4 Premiere: Bradley Cooper in Civil War VarietyNo Diamonds Here, but These Gemstones Still Shine The New York TimesHow Danny McBride Recruited Bradley Cooper for That ‘Righteous Gemstones’ Season Premiere Yahoo EntertainmentWhat Separates the Best Comedy on TV From So Many of Its Peers SlateThe Righteous Gemstones Season-Premiere Recap: Divine Intervention Vulture Source link #039The #Righteous #Gemstones039 #Season #Premiere #Bradley #Cooper #Civil #War #Variety Pelican News View the full article at [Hidden Content]

Man Utd 1-1 Arsenal: Wayne Rooney on why you need a number nine Man Utd 1-1 Arsenal: Wayne Rooney on why you need a number nine “Before they scored at the end of the first half, United had managed one shot at goal and none on target,” Rooney said. “Their problem was their lack of movement in midfield, because they could not make the passes to get up the pitch. Instead, they were forced to play ****** up to Zirkzee and it was very hard for him to do anything with them. “The best centre-halves, like Arsenal’s are, force you under the ball in that situation or nick ****** off you. “If the ball is getting chipped in to you around the halfway line, which is what Zirkzee was getting, and you haven’t got the support in and around you, then it is very difficult and you have to work extremely hard. “Firstly, you are fighting the centre-half and holding him off you. Then you’ve got to get the ball under control and try to bring someone into play. “If the quality of the pass up to you is not great, especially when it is coming to you around your neck like some of United’s passes were. “A lot of the time Zirkzee was getting given a 50-50 ball, the kind where you have to work wonders to win it. Ideally, what you want is your team to make a few passes and play out of the pressure, then as the striker you are getting the ball to feet, which makes it a lot easier, and you are closer to the opposition goal too. “For a centre-half, if you are facing your own goal and in your own half, then it makes their job a lot easier, but if you are higher up the pitch the striker has lots more options. The defender cannot be all over you because they are afraid of giving free-kicks away. “What United needed to do was get some control of the game, and get on the ball. Then the striker can make the little five yard bursts to get behind the defence, which give you a better chance of scoring.” Source link #Man #Utd #Arsenal #Wayne #Rooney #number Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Ninja Gaiden 2 ****** review – Change of Challenge | TechStomper Ninja Gaiden 2 ****** review – Change of Challenge | TechStomper biomarvel|27d ago |Review|1| ▼ Info Add Alt Source Wow, KOEI TECMO, First Dynasty Warriors and now a stealth drop for NINJA GAIDEN 2 ******. It returns with a new engine and newer, better visuals. Once again, step into the tabi (shoes) of Ryu Hayabusa. NINJA GAIDEN 2 ****** PS5 thumbculture.co.*** Read Full Story >> [Hidden Content] thumbculture.co.*** Source link #Ninja #Gaiden #****** #review #Change #Challenge #TechStomper Pelican News View the full article at [Hidden Content]

Home Affairs Tony Burke calls on Peter Dutton to apologise over ‘reckless’ caravan terror ploy claims Home Affairs Tony Burke calls on Peter Dutton to apologise over ‘reckless’ caravan terror ploy claims Peter Dutton has been called on to apologise over making “demonstrably untrue” claims about a terror plot police have now deemed as a “criminal **** job”. Source link #Home #Affairs #Tony #Burke #calls #Peter #Dutton #apologise #reckless #caravan #terror #ploy #claims Pelican News View the full article at [Hidden Content]

******** tariffs on US agricultural goods take effect – Financial Times ******** tariffs on US agricultural goods take effect – Financial Times ******** tariffs on US agricultural goods take effect Financial TimesChina’s Tariffs on U.S. Agricultural Products Take Effect The New York TimesChina has a message for Trump: the US won’t stop its rise CNN InternationalChina rolls out U.S. farm tariffs as Xi digs in for wider trade war Nikkei AsiaChina Deploys Food as High-Impact, Low-Cost Weapon In Trade War Bloomberg Source link #******** #tariffs #agricultural #goods #effect #Financial #Times Pelican News View the full article at [Hidden Content]

Lewis Hamilton at Ferrari: What will success look like for seven-time world champion at Italian team? Lewis Hamilton at Ferrari: What will success look like for seven-time world champion at Italian team? In 2024, Hamilton was comprehensively out-qualified by a team-mate for the first time in his career, ending the season 19-5 down to George Russell in their one-lap head-to-head, at an average deficit of 0.171 seconds. Although both won two races, Hamilton finished 22 points adrift in the championship. It was a confusing situation, because in 2022 and 2023, the two had been closely matched in qualifying, and one of them finished ahead in the championship one year and the other the other. The bottom line is that Hamilton struggled with the characteristics of the 2024 Mercedes more than Russell. The car had slow-corner understeer. The way to counteract this was to slide the rear on entry to promote turn-in. But doing that generates rear tyre temperature, which reduces grip, a problem that increases over time. Hamilton was less able to deal with this than Russell. On top of this, there is no question that, frustrated by his qualifying deficit, Hamilton would sometimes push too hard when it mattered right at the end of qualifying. That led to mistakes, which further harmed his performance. The Mercedes engineers felt that there was something about the general characteristics of the current generation of cars and their ground-effect design philosophy that does not marry as well with Hamilton’s style as the previous generations of cars. But just because that was the case last year does not mean it will be the same this year at Ferrari. It may depend on how the car behaves. Equally, it’s impossible to know how much of an effect psychology had – Hamilton had to do a whole year with Mercedes, the longest season in history, knowing he was leaving at the end of the season, and with his heart effectively already elsewhere. Certainly Vasseur believes that is too important to ignore. And Hamilton is of the same opinion. Source link #Lewis #Hamilton #Ferrari #success #seventime #world #champion #Italian #team Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Dylan Brown to leave Eels for mammoth NRL deal Dylan Brown to leave Eels for mammoth NRL deal Parramatta five-eighth Dylan Brown is set to sign a monster deal to join Newcastle. Source link #Dylan #Brown #leave #Eels #mammoth #NRL #deal Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Volkswagen’s Traton sees tepid truck market in 2025 Volkswagen’s Traton sees tepid truck market in 2025 (Reuters) -Volkswagen’s truck unit Traton guided for a tepid commercial vehicle market in 2025 on Monday after persistent weakness in Europe, particularly in Germany, weighed on last year’s results. “We expect the global economy to lose some momentum in 2025,” Traton said in a statement, adding that it would continue to focus on efficiency measures this year. The truck maker forecast 2025 sales development in a range of -5% to +5% and an operating return on sales of between 7.5% and 8.5%. The outlook is subject to geopolitical developments, particularly in the United States, it said. The Scania owner’s shares were up 1.3% in early Frankfurt trade. European truck makers’ shares have risen significantly this year on hopes of higher order books ahead of U.S. President Donald Trump’s tariffs, decisions to move more production to the Unites States and an improving European outlook. Sweden’s Volvo in January reported strong order intake for the fourth quarter of 2024, and some analysts said this might be a sign of brightening outlook for the European truck market. Traton’s adjusted operating return on sales, its main profitability metric, rose to 9.2% in 2024, exceeding both the 2023 figure and its forecast, although that was mainly thanks to efficiency measures while vehicle sales fell. Annual sales and adjusted operating result were stable at 47.47 billion euros ($51.47 billion) and 4.38 billion euros, respectively. Sales of electric vehicles (EV) dropped by 17% to 1,739 units sold in 2024, reducing EVs’ share in overall sales from 0.6% to 0.5%. However, incoming EV orders jumped by 60% to about 4,000 trucks and vans, Traton said. Waning EV sales increase the risk of Traton not meeting carbon emission reduction targets, it added. European truck makers struggled through last year amid falling sales, after pent-up demand following the pandemic drove them to record highs in 2023. Traton’s results come as its parent Volkswagen undergoes a major restructuring with thousands of job cuts in Germany due to shrinking European demand, rising competition from China and uncertainties around the EV transition. ($1 = 0.9223 euros) (Reporting by Andrey Sychev and Amir Orusov in Gdansk; editing by Milla Nissi) Source link #Volkswagens #Traton #sees #tepid #truck #market Pelican News View the full article at [Hidden Content]

Trump policies will affect Fed’s interest rate moves Trump policies will affect Fed’s interest rate moves Federal Reserve Chair Jerome Powell speaks at the 2025 U.S. Monetary Policy Forum on March 7, 2025, in New York City. Spencer Platt | Getty Images News | Getty Images The U.S. nonfarm payrolls report for February was weaker than expected, but the silver lining is that the number of jobs added for the month was higher than in January. That said, the layoff of federal workers by Elon Musk’s Department of Government Efficiency happened after the survey was conducted, CNBC’s Jeff Cox noted, which means the downward drag on data would likely appear only in March’s jobs report. One immediate apparent effect of DOGE, on the other hand, is the seven-week slide in Tesla shares ever since Musk stationed himself in Washington, D.C. The actions of DOGE, along with other policies that U.S. President Donald Trump is deploying to reshape the U.S., are so drastic that the Federal Reserve is taking note and getting into a wait-and-see stance. But investors aren’t waiting — they’re seeing the confusion and dumping stocks already. What you need to know today Signs of deflation in ChinaChina’s national consumer price index fell by 0.7% in February from a year earlier, according to data published Sunday by China’s National Bureau of Statistics. The inflation reading was in negative territory for the first time since January last year, reversing a year-on-year gain of 0.5% in January. It’s also worse than the 0.5% contracted expected in a Reuters poll of economists. Jobs grow but less than expectedThe U.S. economy added a seasonally adjusted 151,000 jobs in February, better than the downwardly revised 125,000 in January, the U.S. Bureau of Labor Statistics reported Friday. However, the figure is less than the 170,000 consensus forecast from Dow Jones. The unemployment rate edged higher to 4.1% from 4% in January. Weak marketsOn Friday, the S&P 500 added 0.55%, the Dow Jones Industrial Average rose 0.7% and the Nasdaq Composite climbed 0.52%. However, all three indexes fell on the week, with the S&P having its worst week since September. Asia-Pacific markets traded mixed Monday. Japan’s Nikkei 225 added around 0.2% on data showing that cash earnings rose 2.8% year on year in January. Hong Kong’s Hang Seng Index, however, roughly fell 2.3% after inflation data on China was released Sunday. Bitcoin prices dipped during early Asia trading. Tesla shares reverse gainsTesla share prices have dropped for seven straight weeks, closing Friday 0.3% down at $262.67. It’s the longest such losing streak for Tesla in its 15 years as a public company — and coincides with CEO Elon Musk’s time in Washington, D.C. Tesla shares finished the week down more than 10% and at their lowest level since Nov. 5, Election Day, when they closed at $251.44. Wait and seeFederal Reserve Chair Jerome Powell said Friday in a speech at a policy forum that the central bank is “focused on separating the signal from the noise,” referring to U.S. President Donald Trump’s policies on the economy. Regarding interest rates, Fed officials “do not need to be in a hurry, and are well positioned to wait for greater clarity,” Powell added. Meanwhile, U.S. Treasury Secretary Scott Bessent acknowledged on Friday that the economy is “starting to roll a bit.” [PRO] Inflation readings to watchThe stock market was battered last week because of the uncertainties caused by Trump’s policies. This week, investors will keep an eye on the U.S. consumer and produce price indexes, out Wednesday and Thursday respectively, for a clearer picture of the economy. The Consumer Sentiment Index by the University of Michigan for March, out Friday, will also provide a barometer of the prevailing mood. And finally… Ukrainian crew members in a ******* Gepard anti-aircraft-gun tank used to target Russian-launched drones, during the vehicle’s demonstration to the media, in the outskirts of Kyiv, on Nov. 30, 2023, amid the Russian invasion of Ukraine. Roman Pilipey | Afp | Getty Images European leaders push defense spend amid uncertainty over Trump aid to Ukraine A week since Ukrainian President Volodymyr Zelenskyy’s heated expulsion from the White House, European leaders have upped the ante on defense spending plans. This week, the European Commission proposed measures for fiscal flexibility on defense spending and a plan to borrow 150 billion euros ($163 billions) to lend to EU governments for Europe-wide defense capabilities. With more equipment, the EU stressed it could “massively step up” its support to Ukraine, which has depended on both Europe and the U.S. for military and humanitarian aid throughout its three-year resistance to Russia’s invasion. Altogether, the so-called ReArm Europe plan could mobilize nearly 800 billion euros. Source link #Trump #policies #affect #Feds #interest #rate #moves Pelican News View the full article at [Hidden Content]

Asia-Pacific markets mixed after volatile trading week; Japan’s 10-year bond yield hits fresh high – CNBC Asia-Pacific markets mixed after volatile trading week; Japan’s 10-year bond yield hits fresh high – CNBC Asia-Pacific markets mixed after volatile trading week; Japan’s 10-year bond yield hits fresh high CNBCView Full Coverage on Google News Source link #AsiaPacific #markets #mixed #volatile #trading #week #Japans #10year #bond #yield #hits #fresh #high #CNBC Pelican News View the full article at [Hidden Content]

Gold Miners Have Been Cast Aside—But Smart Money May Be Rotating in Gold Miners Have Been Cast Aside—But Smart Money May Be Rotating in Through many years of frustration among gold bugs due to the failure of gold stock prices to leverage the in a positive way, there were very clear reasons for that failure. Reasons why it was not only logical, but probable that gold stocks would continue to underperform vs. their product. The primary driver to gold stock underperformance was a new era of ever more monetary () and fiscal (Government) policy meddling that began in 2001 and probably blew off in the inflationary panic of 2020. I called it the “Age of Inflation onDemand“. At every point of systemic stress, our policy heroes would spring into action to put out the fire (with gasoline, AKA ). This is why I have called the long macro bubble a bubble in policy more than a bubble in assets. Bubble policy never met a market it did not want to prop and inflate. That is because in a debt-driven Keynesian experiment said debt must not be allowed to unwind. As a side note, this makes Trump’s stated war on the national debt all the more interesting (and a commentary for another day). NFTRH has been looking at the historical analog of 2001 to 2004. Please relax your gaze and behold the beauty of what went on beginning in 2001 and what we have the makings of today. Of course, no analog is going to play out exactly, assuming it does generally play out. But I have been looking for an end to the ill-conceived bellyaching about what many view as a perma-decline in the / ratio. Here is why… The intent of this article was to be brief, so take a good long look above, form your own conclusions and I’ll add my bullet-pointed conclusions as well. Gold stocks (HUI) bottomed in 2000, turned up in 2001, and began to lead gold (rising HUI/Gold ratio) that year as well. HUI eventually tacked on well over a 300% gain while most stock markets were bearish. This occurred as the Gold/ ratio, an indicator of failing market liquidity, also turned up and rallied. The Gold/Silver ratio has much more often than not impaired gold stocks when rising during the long, inflation-fueled years of 2004-2024. But elements in play back in 2001-2004 are similar to today, at least partially, and almost by definition, they are different than the 2004-2024 phase. Although the process, if it plays out, is still early days yet. As for today, HUI is already rising (per our ongoing bull market theme), The Gold/Silver ratio is merely bull-biased, not definitively bulling. The has only recently kicked off a hard correction and has not confirmed a bear market (although it has failed a base breakout and is thus on watch for a potential bear market or hard bear phase within its long-term (post-2008) bull market. If this plays out, it could unfold with very strong interim bounces. Though the equity bear market was the product of a deflation scare in 2001, back then money did not flee to the US dollar, as it has at every market liquidity crisis since 2008. Capital fled to the Euro, the and the , primarily, where paper currencies were concerned (obviously there was strong flight to gold as well). The chart shows the Euro in the bottom panel. Currently, it has not made a trend change to up, but if you view a daily chart of , you’ll see a big spike this past week. Maybe sustainable, maybe not. If the coming weeks/months bring relative strength to the Euro, Aussie and Canada dollars, it would be in line with the analog. If the current bear phase proves sustainable, recall that a failing USD did not mean “all-clear” for stocks back in the historical phase, and it may not this time either. We’ve been trained to think that way for the last 17 years, since Armageddon ’08. You can try to “quant” any given macro picture to make it say what you want it to say. So that is a caveat. But my belief is that the gold mining sector, long ago cast out of the asset party and kicked to the curb, has a great chance to be seen as a value and as a macro-fundamental go-to, all at once. There is much more to discuss and ongoing refinement of the situation, which we do each week in NFTRH. Today, more than ever, asset selection in a rotating macro is vitally important. We do that too (beyond gold stocks). Quality gold stocks – both miners and royalties – are a primary theme for obvious reasons. They’ve done unspectacularly well thus far. Can you imagine if the analog turns out to be correct about the HUI/Gold ratio? Source link #Gold #Miners #Cast #AsideBut #Smart #Money #Rotating Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Twins! Rivals! Clones! Hollywood is doubling down on dual roles | Film Twins! Rivals! Clones! Hollywood is doubling down on dual roles | Film For years, dual roles have been played largely for laughs. Think of Adam Sandler’s Razzie-sweeping twin turn in Jack and Jill, or Lisa Kudrow as both Phoebe and Ursula Buffay on Friends. Eddie Murphy was always particularly prolific, his most multiplicitous performance as a clutch of Klumps for Nutty Professor II. There are exceptions, of course. But for every Legend or The Prestige there are ten Austin Powers, Bowfingers and – shudder – Norbits. This year, however, is giving us a more dramatic breed of duplicate. Robert De Niro will pull double Don duty in The Alto Knights, Michael B Jordan will play twin leads in the supernatural Sinners and a pair of Robert Pattinson clones is currently headlining ***** Joon-ho’s Mickey 17. And there’s more. The Monkey just served up a horror with two bloody scoops of Theo James, Zac Efron recently wrapped A24 thriller Famous, in which he plays both stalker and superstar and, this November, Elle Fanning will play twin sisters in the latest film in the Predator franchise. Recently, at Sundance, Dylan O’Brien played his own twin brother in darkly comic drama Twinless. So, even disregarding the films’ genres, it’s still a notable spike in audiences seeing double. So why now? And how are these seemingly impossible shots realised? “For years, film-makers have used various techniques to show actors multiple times in the same scene,” says Daniel Harrington, a London-based VFX artist and compositor. “In The Parent Trap, split-screen allowed the same actor to occupy both sides of the frame, whereas The Social Network used motion control to portray the Winklevoss twins by repeating precise camera movements.” Before we tackle the technicalities, however, here’s a brief history of dual roles – for the concept is almost as old as cinema itself. In 1898, trailblazing director Georges Méliès was already double-exposing film to twice capture his likeness within the same frame. His method made the jump to feature-length films in 1917 when actor William Farnum played opposite himself in an adaptation of Dickens’ A Tale of Two Cities. The following year, Mary Pickford took dual roles in Stella Maris using a new split-screen technique that would continue to be used for decades, in films such as Dead Ringers, Adaptation and Jean-Claude Van Damme’s as-good-as-it-sounds Double Impact. The Alto Knights, over a century later, even uses a similar technique to double up De Niro in select scenes. But today, split-screening is just one of many tools in the dual role toy box. The most notable advancement in the field came about in 1989, with the release of Back to the Future Part II and director Robert Zemeckis’ commissioning of Industrial Light & Magic (ILM) to create the VistaGlide, a robotic, motion-controlled camera dolly system that would allow film-makers to capture multiple split-screen performances while also moving their cameras. This remains the most popular dual role method, says Harrington. Several mattes (the individual shots that make up a final frame) are filmed with the same actor playing their separate parts. This footage is then delivered to rotoscope and paint artists, who tidy up the edges of the raw mattes before tasking compositors with piecing them together into one seamless whole. “Ultimately, the success of the illusion depends on the synergy between on-set preparation and post-production artistry,” says Harrington. “Digital effects may be increasingly sophisticated, but they’re still most effective when built on a strong practical foundation. So, on set, consistent lighting, precise framing and stand-ins are crucial for ensuring seamless compositing later. Without these elements, even the most advanced digital tools would struggle to create a convincing result. It’s teamwork, exemplified not only by film, but by TV series such as Orphan ******.” The small screen has indeed reaped the rewards of these technical advancements – 2025 will also see Netflix debut twin Jamie Dornans in The Undertow and twin Anna Camps in the final season of You. Malachi Kirby will double up for Anansi Boys on Prime Video, and Cynthia Erivo will play identical sextuplets when Rian Johnson’s Poker Face returns to Peacock. “And, while no breakthrough is solely responsible [for this increase in dual roles],” says Harrington, “recent developments in AI-driven deepfakes and performance cloning have significantly lowered costs and sped up production times”. This deepfake method of replacing faces (Robert Pattinson’s visage was digitally transplanted onto a stand-in for Mickey 17) was another ILM contrivance, originally developed for 1993’s Jurassic Park. Oscar-nominated VFX supervisor Theo Jones works at Framestore, the studio which worked on much of Joon-ho’s latest offering. And, while Jones doesn’t believe there’s a single catalyst for the current spate of dual role projects – “it’s likely some sort of happy accident,” he says, “the same way you might get two films about an asteroid hurtling towards Earth landing at the box office at the same time” – he also brings up the rise in deepfake technology. Cynthia Erivo and Natasha Lyonne in Poker Face Photograph: PEACOCK “It wasn’t an option 10, maybe even five years ago,” says Jones. “But even this isn’t perfect for a dual role – you still need to find someone with similar features and proportions, and the baseline performance would be coming from the stand-in rather than your actor. Plus, ‘off-the-peg’ deepfake technology certainly isn’t up to Imax quality at the moment, so you’d still need plenty of VFX work to make it look believable.” Framestore, Jones reveals, has developed its own “neural face rendering tech” – called Facade – which he believes will set a new standard in the industry. “But, for purely dramatic moments,” he adds, “something like Lupita Nyong’o’s incredible performance in Us, you’d be far better placed using practical techniques for the shoot, and post-production fixes to make the finished picture seamless. Sometimes, this will involve rewriting the VFX rulebook – other times, it will mean using techniques that existed before computers were ever a part of film-making.” It’s the perfect way to approach the art of the dual role. For, whether it’s actors attracted by the creative challenge or film-makers hoping to advance the technical side of their craft, these twin turns have always been collaborative efforts. By continuing to blend techniques new and old, audiences are not only guaranteed evermore envelope-pushing performances, but the entire concept of the dual role will stay true to its innately patchwork nature. Source link #Twins #Rivals #Clones #Hollywood #doubling #dual #roles #Film Pelican News View the full article at [Hidden Content]