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Pro-Palestinian NGO the Hind Rajab Foundation (HRF) has filed a complaint with the International Criminal Court (ICC) against Israeli Foreign Minister Gideon Sa’ar, seeking a warrant for his arrest, the group said on Sunday.

In a statement, HRF called for an arrest warrant for Sa’ar for “war crimes and crimes against humanity committed during Israel’s ongoing military assault on Gaza since October 7, 2023.”

The complaint comes ahead of the foreign minister’s expected trip to Brussels next week.

While neither Israel nor the United States is party to the ICC, Belgium is.

“As Belgium is a signatory to the Rome Statute, it has a legal obligation to cooperate with the ICC and take action against individuals accused of serious international crimes,” HRF said. “The Hind Rajab Foundation calls on Belgian authorities to ensure that Sa’ar does not evade justice while on European soil.”

“Allowing a suspected war criminal to visit Brussels unchallenged would be a betrayal of international legal commitments and the fundamental principles of justice,” the group added.

The HRF is a pro-Palestinian NGO that says it is dedicated “to breaking the cycle of Israeli impunity and honoring the memory of Hind Rajab and all those who have perished in the Gaza genocide.”

Rajab was a 5-year-old girl who was killed by Israeli tank fire while in her family’s car in Gaza.

The group said Sa’ar played a “central role” in making and implementing policies that have led to “mass displacement, collective punishment, and systematic attacks on Palestinian civilians.”

“His public statements and policy endorsements indicate direct and indirect participation in these crimes, as well as incitement to violence and obstruction of international justice mechanisms,” the group said.

HRF said Sa’ar publicly advocated for “reducing Gaza’s territory” and endorsed Israel’s “total blockade on Gaza, which has restricted food, water, and medical supplies.” HRF’s complaint also pointed toward “co-perpetration” with the government of Israeli Prime Minister Benjamin Netanyahu, for whom the ICC issued an arrest warrant, alongside former defense minister Yoav Gallant, in November last year.

The group has previously brought a lawsuit against a former Israeli soldier who was on vacation in Brazil, alleging he was responsible for war crimes while serving in Gaza. A Brazilian judge ordered police to investigate the soldier based on HRF’s complaint but he left the country.

That lawsuit was one of a series by the group, which has tracked the activities of hundreds of Israeli soldiers serving in Gaza.

The Israeli foreign ministry has since cautioned Israelis about social media posts related to their military service, saying “anti-Israeli elements may exploit these posts to initiate baseless legal proceedings against them.”

This post appeared first on cnn.com

China is not ready for war, according to a contentious report from a US think tank, which claims the main motivation for the ruling Communist Party’s expansive push for military modernization is to retain its grip on power – not fight an overseas foe.

Beijing has pursued a head-turning military buildup under Chinese leader Xi Jinping, during which the People’s Liberation Army (PLA) – previously not even one of the strongest in Asia – has started to rival, or in some categories surpass, the US military in analysts’ estimations.

Simulations by US defense experts have repeatedly shown the US – widely regarded as the world’s strongest military – having a tough time matching the PLA in a fight close to China’s shores, especially over the democratic island of Taiwan, which is claimed by Beijing.

But a report released last month by the Washington-based RAND Corp. said that despite the impressive buildup, political considerations – importantly the Communist Party’s desire for control over both military personnel and Chinese society – could hamper the PLA in battle, especially against a peer adversary such as the US.

“The PLA remains fundamentally focused on upholding Chinese Communist Party (CCP) rule rather than preparing for war,” wrote Timothy Heath, a longtime China expert with RAND, in the report, titled “The Chinese military’s doubtful combat readiness.”

“China’s military modernization gains are designed first and foremost to bolster the appeal and credibility of CCP rule,” making war unlikely, Heath added.

One example Heath cited of political considerations butting up against military objectives is the PLA spending up to 40% of training time on political topics.

“The trade-off in time that could be spent mastering the essential skills for combat operations further raises questions as to how well prepared the PLA might be for modern war,” Heath said.

Heath noted too that PLA units are led not only by commanding officers, but also by political commissars who focus on party loyalty rather than combat effectiveness.

“A divided command system … reduces the ability of commanders to respond flexibly and rapidly to emerging situations,” he wrote.

A conventional war between the US and China is a “remote possibility,” and Pentagon planners should focus on a wider variety of Chinese threats than missiles and bombs, he added.

But other experts scoffed at his conclusions, saying that Xi had made his top military goal clear: bringing Taiwan under Beijing’s control, by force if necessary.

The PLA’s buildup points to China being ready to do that, domestic control concerns notwithstanding, the experts added.

“There are much easier, cheaper, lower-risk ways to maximize party security than the bespoke warfighting capabilities Xi concertedly pursues,” said Andrew Erickson, professor of strategy at the US Naval War College.

John Culver, a former US intelligence officer for East Asia, also cast doubt on the report.

“War isn’t Plan A, but it is Plan B if events require and the material capacity of the PLA and China for such an event is strong and getter stronger,” he wrote on X.

Weapons and will

China has achieved rapid and indisputable military progress since Xi introduced sweeping reforms a decade ago.

Beijing’s intense shipbuilding program of recent years has yielded the world’s largest navy/maritime fighting force, which can operate farther than ever from China’s shores – including from the country’s first overseas military base in Djibouti.

Meanwhile, China has made advances in stealth aircraft and hypersonic weapons – and turned vast areas of its inland deserts into fields of missile silos.

But Heath questioned whether Beijing’s new arsenal would be effective in war.

“History has shown repeatedly that militaries sometimes fail to effectively use their advanced armaments in battle,” his report read, citing the war in Ukraine as the latest conflict where a better-armed military has failed to prevail.

Critics of Heath’s report said it’s folly to see the same weaknesses in the PLA.

“Xi repeatedly engages in difficult military restructuring efforts that prioritize improvements in realistic warfighting capabilities and impose some of the most demanding requirements conceivable on China’s armed forces,” said Erickson of the US Naval War College.

He noted that China is building both numbers – the Pentagon estimates Beijing is growing its nuclear warhead arsenal by about 100 a year – and technology, “pushing global frontiers with ambitious hypersonic weapons megaprojects.”

The human factor

Few doubt that the PLA has made great strides in both the number and quality of weapons it can field. Take for example its warships, led by the Type 055 destroyer, classified by many analysts as the most powerful surface combatant in the world.

The PLA Navy launched its 10th Type 055 last year, with as many as six more expected in the coming years. Each requires a crew of about 300 sailors.

Collin Koh, research fellow at the S. Rajaratnam School of International Studies in Singapore, said building the high-tech warships may be easier than crewing them – because modern warships need young sailors to take on complex tasks, and that requires extensive training.

“The army could likely assimilate someone from the countryside … who might not get a lot of education … and train him up to be an infantryman. But if you want to train somebody who is able to (repair) the controls in the combat information center in the warship, fire a missile and to maintain a missile, that requires a bit more,” Koh said.

Meanwhile, the PLA continues to struggle another personnel problem – corruption. A Pentagon report from December said a widespread anticorruption campaign within the senior levels of the Chinese military and government is impeding Xi’s defense buildup.

“I think they’ve identified it as something that really has posed great risks to the political reliability and ultimately the operational capability of the PLA,” a senior US defense official said in December.

Defining Chinese military readiness

When analysts talk about Chinese military readiness, focus quickly zooms in on Taiwan. US intelligence estimates say Xi has ordered the PLA to be ready to invade the island by 2027, if necessary.

But Heath argues that while the Chinese leader set that goal, he and other top party officials have not engaged in any concerted push to prepare the Chinese public for combat.

“Chinese leaders have made no speeches that glorify war, advocate for war, or otherwise characterize war as inevitable or desirable,” Heath wrote, noting that “China’s military has not even published a study on how it might occupy and control Taiwan.”

Others caution against judging Beijing’s intentions based on Western thinking. It’s unknown what Xi would consider a win in Taiwan, they say.

The amount of pain the PLA – and Chinese society as a whole – could sustain to take the island is known only in Beijing, they say.

“We have to consider the use of force by Beijing at a level that could be potentially calibrated to suit its political needs,” Koh said.

That force could be a blockade to strangle the island without shots being fired. It could be enough airstrikes to show Taipei and its supporters that China holds the upper hand in any cross-strait conflict. It could be a full-scale invasion and occupation.

Or it could be a continuation of Beijing’s relentless political pressure accompanied by the almost constant PLA presence around Taiwan, including dozens of warplanes and ships. It’s a policy that, to date, has served the Communist Party well, some analysts say.

So, why spend all that money on new weapons?

“China’s military modernization gains are not designed to conquer Taiwan through military attack. Instead, (they are) designed to help the PLA more effectively carry out its longstanding mission of upholding CCP rule,” Heath wrote.

Essentially, new warships and stealth fighter jets impress the public, and that makes controlling society easier, he said.

Drew Thompson, a senior research fellow at the Lee Kuan Yew School of Public Policy at the National University of Singapore agreed with that point. “Politics being primary means propaganda is more important than the military outcome,” he said.

But Koh said the PLA’s gains under Xi cannot be brushed aside as merely sending a domestic message.

“Despite those known issues within China and the PLA, I don’t think any military planner in the region is going to just dismiss the PLA as a paper tiger,” he said.

And Thompson said the PLA is indeed a capable foe for Taiwan and for the US.

“China could start a war and fight it. Could they win? How do you define victory?” Thompson asked.

“Is it a zero sum or just a series of tradeoffs?”

This post appeared first on cnn.com

Secretary of State Marco Rubio, Middle East special envoy Steve Witkoff and National Security Adviser Mike Waltz are all traveling to Saudi Arabia for the talks.

A Ukrainian official said they would not be present at the talks though Keith Kellogg, the Trump administration’s Russia-Ukraine envoy, discussed a “dual track” set of negotiations and will be in Kyiv this week. On Sunday, US President Donald Trump said the Ukrainians would be part of the negotiations.

News of the US-Russia talks came as UK Prime Minister Keir Starmer said on Sunday he was “ready and willing” to put British troops on the ground in Ukraine to enforce a peace deal if necessary.

Writing in the Daily Telegraph newspaper, Starmer said he does not take the possibility lightly but reasoned that helping to guarantee Ukraine’s security would also strengthen the security of the United Kingdom and Europe.

He called on European nations to increase their defense spending and “take on a greater role in NATO,” but said US support would remain critical for guaranteeing peace. The prime minister also said he would meet with Trump and other G7 allies in the coming days to secure a strong deal.

Starmer is among the European leaders who will take part in an emergency summit on Ukraine on Monday amid growing concern that the Trump administration’s push to work with Russia to end the war has left them isolated.

The Elysée Palace said French President Emmanuel Macron would hold an “informal” meeting Monday with “the heads of government of Germany, the United Kingdom, Italy, Poland, Spain, the Netherlands and Denmark, as well as the President of the European Council, the President of the European Commission and the Secretary General of NATO.”

Starmer on Saturday called the European meeting a “once in a generation” moment for national security and said the UK would “work to ensure we keep the US and Europe together,” according to a Downing Street statement. “We cannot allow any divisions in the alliance to distract from the external enemies we face,” he said.

Trump has talked openly about the Saudis playing a key role in the negotiations and the country has been an important part of US foreign policy under his presidency.

It was just a week ago that Saudi Crown Prince Mohammed bin Salman helped facilitate the release of Marc Fogel in Russia.

Trump’s first foreign trip in 2017 was to Saudi Arabia.

This post appeared first on cnn.com

New photos show the damage to a US Navy aircraft carrier sustained in a collision with a merchant ship last week.

The warship USS Harry S. Truman docked at a US naval facility in Souda Bay, Greece, for repairs over the weekend following the incident near the entrance to the Suez Canal.

Photos released by the Navy on Saturday show damage to the exterior starboard quarter of the 1,100-foot-long, nuclear-powered aircraft carrier.

Damaged areas included “the exterior wall of two storage rooms and a maintenance space … a line handling space, the fantail, and the platform above one of the storage spaces,” the Navy said in a statement.

None of the damage affects the ship’s combat capability, the statement said, adding that it has conducted flight operations since the accident last Wednesday night.

A team including structural engineers and naval architects is conducting a detailed assessment of the damage and would implement a repair plan, the Navy said, without offering a timetable for the repairs.

The Truman collied with the Besiktas-M, a Panamanian-flagged, 617-foot (188-meter) long bulk carrier, in the crowded waters near the Suez Canal off Egypt’s Port Said in the Mediterranean Sea.

The merchant ship was also damaged, but no injuries were reported on either vessel, the Navy said following the collision near a crowded anchorage for ships transiting the canal.

Former US Navy captain Carl Schuster, an instructor at Hawaii Pacific University, said such conditions leave little room for error.

“There is not a lot of room for maneuvering in a restricted seaway, and both ships require about one nautical mile to stop,” Schuster said.

Small navigation mistakes, misreading of the other ship’s intentions or delayed decision-making from the crew of either ship could have put them in danger quickly “with very few viable options,” Schuster said.

Before the accident, the Truman was in Souda Bay for a “working port visit” after two months of combat operations in the Central Command region, a Navy statement said.

During that time, it conducted multiple strikes against Houthi rebels in Yemen and launched airstrikes against ISIS in Somalia, the Navy said.

Rear Adm. Sean Bailey, commander of the Truman’s carrier strike group, which includes a guided-missile cruiser and three destroyers, said it remains operational across the region.

“Our mission has not changed and we remain committed to responding to any challenge in this dynamic and global security environment,” Bailey said in a statement.

This post appeared first on cnn.com

South Korean actor Kim Sae-ron was found dead at her home in Seoul on Sunday, nearly two years after she retreated from the public eye following a drunk driving conviction. She was 24.

Kim began her career as a child actor and gained widespread recognition, including an appearance at the Cannes Film Festival, for her role as a girl abandoned at an orphanage in 2009 movie “A Brand New Life.”

She later starred in 2010 action hit “The Man from Nowhere,” 2012 mystery thriller “The Neighbors,” and 2014 drama “A Girl at My Door,” among numerous roles in film and television.

But Kim’s career had stalled since April 2023 after a Seoul court found her guilty of driving under the influence when she crashed her car in the South Korean capital a year earlier. Kim avoided jail but was fined about $14,000.

Her last known role was in Netflix’s 2023 K-drama “Bloodhounds.”

The final post on Kim’s Instagram account, a photo of the actor shared in January, has accumulated more than 205,000 likes. Comments are disabled on the account.

How to get help

Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters.
In the US: Call or text 988, the Suicide & Crisis Lifeline.
Globally: The International Association for Suicide Prevention and Befrienders Worldwide have contact information for crisis centers around the world.

    Korean celebrities paid tribute to Kim following the news of her death.

    “May you rest in peace,” actor Kim Ok-bin wrote on Instagram alongside a photo of a white chrysanthemum, a symbol of grief in many Asian cultures.

    Kim’s co-star Kim Min-che shared a photo of a scene from “The Neighbors” on Instagram and said: “I was so happy to meet you as my daughter in the movie. May you rest in peace.”

    Recent deaths of young K-pop idols and K-drama stars have highlighted ongoing concerns about mental health and pressures in South Korea’s entertainment industry.

    Song Jae-lim, a former model who rose to prominence in K-dramas, was found dead in his apartment last November at age 39. ASTRO boy band member Moon bin died last year at age 25. K-pop singer and actress Sulli was also 25 when she died in 2019. And two years earlier, boyband SHINee’s Kim Jong-hyun was found dead at his home at age 27.

    Entertainment agencies have implemented various mental health support systems, including counseling services and more flexible schedules, but observers say the highly competitive nature of K-entertainment, combined with intense public scrutiny, and expectations of perfection in appearance and behavior, are affecting stars.

    This post appeared first on cnn.com

    European leaders are gathering in France for an emergency summit on Ukraine after the Trump administration announced it was opening talks with Russia on ending the war without a European presence.

    UK leader Kier Starmer said the meeting in Paris was a “once in a generation” moment for national security following Washington’s bombshell announcement that has sparked concern in Kyiv and across Europe that Ukrainian and European leaders will be frozen out of peace negotiations.

    In recent days, US President Donald Trump and his top officials have upended what had largely been a united front between Washington and its European NATO allies on supporting Ukraine against Russia’s invasion, which is nearing its third anniversary.

    Trump’s posture toward Russian President Vladimir Putin, and comments from US officials on Ukraine and NATO, has raised anxieties in Europe that Washington’s vision for a swift end to the war would allow for key concessions to Russia.

    The Ukrainians said they would not be present at the talks, though Keith Kellogg, the Trump administration’s Russia-Ukraine envoy, discussed a “dual track” set of negotiations and will be in Kyiv this week. On Sunday, Trump said the Ukrainians would be part of the negotiations.

    On Sunday Ukrainian President Volodymyr Zelensky said he would “never accept any decisions between the United States and Russia about Ukraine,” during an interview with NBC News’ Meet the Press.

    As well as Starmer, the leaders of Germany, Italy, Poland, Spain, the Netherlands and Denmark, as well as the President of the European Council, the President of the European Commission and the Secretary General of NATO, will attend what host French President Emmanuel Macron said would be an “informal meeting,” according to the Elysée Palace.

    Writing in the Daily Telegraph newspaper, Starmer said he was “ready and willing” to put British troops on the ground in Ukraine to enforce a peace deal if necessary.

    The European diplomatic efforts follow Trump’s “lengthy” phone call with Putin last week after which he announced negotiations to end the Ukraine war would start “immediately.” Ukraine envoy Kellogg then said Europe would not have a seat at the table.

    Meanwhile, Rubio framed the talks with Russia as the first steps of a process to determine whether Russia is serious about ending its war in Ukraine, and indicated that both Ukraine and Europe would be involved in negotiations if talks progress in the right direction. Rubio’s comments follow a call with his Russian counterpart, Sergey Lavrov, which, he said, was meant to establish an open channel of communications.

    Macron on Sunday said he discussed Russia’s war in Ukraine during a phone call with Saudi Arabia’s Crown Prince Mohammed bin Salman and emphasized that Europe should be at the center of fostering peace in Ukraine.

    This post appeared first on cnn.com

    Breakfast specialists Denny’s will accelerate planned store closures in 2025 amid continued consumer shifts toward preferences for fast-food and take-out options.

    On an earnings call Wednesday, CFO Robert Verostek said the closures would incorporate a mix of poorly performing restaurants and ones with expiring leases.

    According to industry publication Restaurant Dive, the new closures represent about 30 more from a previously planned shuttering of 150 locations.

    Denny’s remains publicly traded; today, its shares are worth less than $5, compared to the most recent high of about $24 seen in 2019.

    The brand ended last year with 1,334 U.S. stores, with most located in Arizona, California, Florida and Texas.

    An investor presentation by Denny’s in October showed ‘family dining’ options like Denny’s were losing more foot traffic than any other dining-out category.

    Other brand-names in the family-dining group seeing declining fortunes include Applebee’s, Hooter’s, Outback Steakhouse and TGI Friday’s. Some notable exceptions include Chili’s and Texas Roadhouse, which analysts say have benefited from improved value perception and investments in customer service.

    And even as it accelerates closures, Denny’s is still planning openings, with at least 14 slated for this year; as well as some location refurbishments.

    This post appeared first on NBC NEWS

    The Indian equity markets remained under pressure over the past five sessions, witnessing sustained weakness throughout the week. The Nifty50 faced resistance at key levels and struggled to find strong footing as it tested crucial support zones on two separate occasions. Market volatility surged significantly, with India VIX rising by 9.72% to 15.02, signaling heightened uncertainty. The index moved within a wider-than-usual trading range of 793.75 points, reflecting increased turbulence. By the end of the week, the Nifty had recorded a net weekly loss of 630.70 points, equivalent to a decline of 2.68%.

    The upcoming week holds significant importance as the index approaches critical technical levels. The 22,800 mark is particularly crucial, as any decisive violation of this support is likely to invite further downside pressure. On the upside, strong resistance is expected at 23,500 and higher levels, making it unlikely for even the best technical rebounds to extend beyond this point. The market’s reaction to the 22,800 level will play a vital role in determining its short-term trajectory. A breach of this level could open the door to additional weakness, intensifying selling pressure.

    Given the prevailing conditions, the new trading week may witness a subdued start. The immediate resistance levels are expected to emerge at 23,150 and 23,400, while key support levels are positioned at 22,700 and 22,450. These levels will serve as crucial markers in assessing the index’s directional bias over the next few sessions.

    From a technical perspective, the Relative Strength Index (RSI) on the weekly chart stands at 40.40, forming a 14-period low and displaying a clear bearish divergence. This signals weakening momentum and suggests that market sentiment remains fragile. Additionally, the weekly Moving Average Convergence Divergence (MACD) indicator is bearish, as it trades below the signal line, further confirming the downtrend.

    A detailed pattern analysis indicates that the Nifty faced resistance at the 50-week moving average and subsequently resumed its downward movement. The inability to sustain gains above this crucial moving average reinforces the broader weakness in the market structure. If the index slips below 22,800, it could trigger further declines, potentially leading to deeper corrections in the near term.

    Market participants should approach the coming sessions with heightened caution, considering the overall technical setup. The 22,800 level remains a key pivot, and any decisive breach could accelerate selling pressure. Given the prevailing conditions, it is advisable to use any technical rebound as an opportunity to protect profits rather than aggressively chase fresh long positions. New buying should be undertaken selectively, with a strong emphasis on risk management. Leveraged exposures should be kept at modest levels to navigate the increased volatility effectively. With market sentiment appearing fragile and downside risks persisting, a highly cautious approach remains warranted in the near term.


    Sector Analysis for the coming week

    In our look at Relative Rotation Graphs®, we compared various sectors against CNX500 (NIFTY 500 Index), which represents over 95% of the free float market cap of all the stocks listed.

    Relative Rotation Graphs (RRG) show that the Nifty Financial Services index has rolled back inside the leading quadrant. Besides this, the Nifty Bank Index is the only index that is inside the leading quadrant. These groups may continue to outperform the broader markets relatively.

    The Nifty Services Sector Index and the Pharma Index are inside the weakening quadrant. However, they are seen improving on their relative momentum. Apart from this, the Midcap 100 and the IT index are inside the weakening quadrant.

    The Media Index continues languishing inside the lagging quadrant along with the PSE and the Realty Index. They may relatively underperform the broader markets. The Energy Sector Index is also inside the lagging quadrant, but its relative momentum is improving.

    The Nifty Commodities, Consumption, FMCG, Auto, and the Metal index are inside the improving quadrant. They may continue improving their relative performance against the broader markets. The PSU Bank index is also inside the improving quadrant, but it is seen sharply giving up on its relative momentum, and it is expected to underperform the broader Nifty 500 index relatively.


    Important Note: RRG charts show the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals.  


    Milan Vaishnav, CMT, MSTA

    Consulting Technical Analyst

    www.EquityResearch.asia | www.ChartWizard.ae

    It was another mildly bullish week as our major indices climbed very close to new, fresh all-time highs. We also saw a return to growth stocks as we approached breakout levels, which is a good signal as far as rally sustainability goes. Despite this, there remain reasons to be cautious and I’ll point out a couple of those reasons below.

    Negative Divergences

    The S&P 500 ($SPX) and NASDAQ 100 ($NDX) both seem to be losing bullish price momentum on their respective weekly charts, which can be seen below:

    $SPX

    $NDX

    The price momentum on both indices is slowing and eerily similar to late 2021, just before the cyclical bear market of 2022. Let me be clear that I do NOT believe we’re heading into a cyclical bear market. I don’t see that extent of potential weakness ahead. I do see increased risks of a 5-10% drop, however, and that’s why I’m cautious.

    Is This Current Rally Truly Sustainable?

    Sometimes a little common sense and perspective goes a very long way. Over the last 75 years, the S&P 500 has averaged gaining 9% per year. So when you go through short-term periods that show gains well in excess of that 9% average, you should at least be thinking there’s the risk that the S&P 500 will fall back and “reversion to the mean”, which is a mathematical concept that describes the tendency of extreme results to move closer to the average. We’ve seen a tremendous rally since the summer correction of 2023. Let’s look at the last 68 weeks (since the correction low in late-October 2023) of return on both the S&P 500 and NASDAQ 100 and compare it to the history of 68-week rates of change (ROC) to gain a sense of this current rally and its sustainability:

    $SPX

    $NDX

    You can look at these two charts and make your own judgement and draw your own conclusions, but, outside of the late-1990s, 68-week ROCs above 50% on the S&P 500 and 60% on the NASDAQ 100 suggest a short-term pullback is more likely, not guaranteed.

    Now The Good News

    While bullish price action and momentum may seem to be slowing, the long-term monthly PPO on both of these indices is definitely on the rise, which, in my view, limits any short-term downside to the 20-month EMA. I’ll just show the S&P 500 monthly chart, but this will highlight the likelihood that any future selling, if it occurs (no guarantee), holds 20-month EMA support:

    $SPX

    This chart takes us back 25 years to the turn of the century. The yellow areas highlight poor (below zero) or declining PPOs. During these periods, I’d ignore 20-month EMA support and be cautious. However, the blank periods highlight a rising monthly PPO, during which we rarely see price fall below the rising 20-month EMA. This is where we currently stand. Most pullbacks over the last 25 years, when the monthly PPO is above zero and rising, have fallen short of actual 20-month EMA tests. In other words, we should view a 20-month EMA test as a “worst case” scenario.

    The next market decline should be viewed as an OUTSTANDING opportunity to enter this secular bull market.

    Stick With Strength

    Since we began rolling out our Portfolios quarterly, we’ve had to overcome cyclical bear markets in Q4 2018 (trade war), March 2020 (pandemic), and the first 9-10 months of 2022 (rising inflation and rising interest rates), and a 3-month correction during the summer of 2023. We’ve remained fully invested and have CRUSHED the S&P 500. In fact, below is a graph that highlights our Model Portfolio performance since its inception in November 2018 (in the middle of the trade war!) through the end of January 2025:

    We’ve demonstrated the best way to beat the S&P 500, which is to invest in leading relative strength stocks. It’s the only proven method that’s worked for us at EarningsBeats.com. We “draft” our 10 favorite relative strength stocks in various sectors and industry groups and hold them for one entire earnings cycle, then rinse and repeat. Our last quarter’s “draft” picks have annihilated the S&P 500, +15.15% vs. 3.34%.

    You can check out our Model Portfolio holdings for the last 3 months below:

    8 of our 10 Model Portfolio stocks outperformed the S&P 500, a few by a very wide margin. Owning relative strength stocks like PLTR, CLS, and TPR will completely carry a portfolio and lead to outstanding returns.

    Our “quarterly” results are calculated over the following periods:

    • February 19 – May 19
    • May 19 – August 19
    • August 19 – November 19
    • November 19 – February 19

    The reason we calculate our quarterly returns using the above time periods is that we select our stocks each quarter on February 19, May 19, August 19, and November 19. By the time we reach these dates, most key market-moving companies have reported their quarterly results and fundamental data like earnings is factored into our portfolio selections just as much as technical considerations. That fundamental/technical combination is one factor that separates us from others and we do this because my background is public accounting. I don’t stray far from my core beliefs. I believe management’s execution of their business strategies/plan and beating revenue and EPS estimates is a huge component of its stock’s upside potential.

    On Monday, February 17th, we’re holding our next DRAFT. We will be announcing the 10-equal weighted stocks in each of our portfolios designed to beat the S&P 500 over the next 3-month period. You’re quite welcome to join us. It might change your way of investing and improve your results immediately. CLICK HERE for more information and to register!

    Happy trading!

    Tom

    Ukraine’s President Volodymyr Zelensky has warned that his US counterpart Donald Trump meeting Russian leader Vladimir Putin before him would be “dangerous,” as he admitted he had no guarantees from Trump that he would be first in line in peace talks.

    Zelensky spoke in a week when a phone call between Putin and Trump raised fears in Kyiv that it was being frozen out of negotiations, with the White House also downplaying the prospects of Ukraine joining NATO.

    In an exchange which prompted laughter from the crowd, Zelensky also admitted to having told Trump that Putin is afraid of him.

    “I told Trump that Putin is afraid of him and he heard me. And now Putin knows,” Zelensky said wryly.

    The Ukrainian president added that Putin appears to be the biggest influence on NATO and reiterated that peace talks on ending the conflict could not go ahead without Kyiv’s involvement.

    “Right now, the most influential member of NATO seems to be Putin – because his whims have the power to block NATO decisions,” Zelensky said.

    “Ukraine will never accept deals made behind our backs without our involvement. And the same rule should apply to all of Europe,” he added.

    “No decisions about Ukraine without Ukraine. No decisions about Europe without Europe. Europe must have a seat at the table when decisions about Europe are being made,” Zelensky continued.

    Zelensky warned the days of America’s guaranteed support for Europe are over.

    “A few days ago, President Trump told me about his conversation with Putin. Not once did he mention that America needs Europe at that table. That says a lot,” he said.

    “The old days are over – when America supported Europe just because it always had,” he added.

    The Ukrainian leader spoke the day after US Vice President JD Vance eviscerated America’s European allies at the security conference, in a speech that barely touched on the issue of Ukraine and a potential settlement of Russia.

    “Yesterday here in Munich, the US vice president made it clear – decades of the old relationship between Europe and America are ending. From now on, things will be different, and Europe needs to adjust to that,” Zelensky said.

    The Ukrainian president called for a united European army, as he acknowledged that the US may not continue to provide military support as it once did.

    “Let’s be honest – now we can’t rule out the possibility that America might say ‘No’ to Europe on issues that threaten it. Many leaders have talked about Europe that needs its own military – an Army of Europe,” he said.

    This post appeared first on cnn.com