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In the wee hours of an October morning, dozens of dogs chased the hulking figure of an animal scrambling through a forest in northwestern China as a thermal drone whizzed overhead.

“The dogs caught it! Just stab it! Stab it!” a drone operator shouted into his walkie-talkie to the hunter, in a video report by a state-linked news outlet.

The hunter rushed to the spot where the dogs had cornered the 125-kilogram beast, and thrust his spear into it, killing the animal and securing a reward of 2,400 yuan ($330).

He works with one of six “bounty hunting” teams hired by Xiji county in China’s northwestern Ningxia Hui Autonomous Region this fall.

Their prey? Wild boars.

In recent years, China has authorized teams of bounty hunters to kill wild boars as part of a pilot program to control a pest that’s wreaking havoc on crops and causing accidents, injuries, and even fatalities. In February, the program was expanded to a nationwide cull.

The hunters are not allowed to use firearms or poison, but the cull has surprised the public in a country where wildlife protection is tightly regulated.

Animal protection groups have criticized the measure as experts debate whether the rise in wild boar attacks justifies killing large numbers of animals, and if hunting is the right solution to mitigate human-wildlife conflict in the world’s second most populous country.

Wild boar attacks

China’s problem with wild boars dates back over two decades, when people hunted so many of the animals to eat that they became extinct in some areas, according to the state broadcaster CGTN.

In response, the government added them to a national protection list in 2000, allowing licensed hunting only in areas where there were too many boars.

Over time, almost free from natural predators, the animal’s population surged from some 10,000 to about 2 million, and so did reports of wild boar attacks.

Boars caused damage to property or people in all but eight of China’s 34 provincial-level regions, the National Forestry and Grassland Administration (NFGA) said last January.

In Xiji county, where six official bounty hunting teams killed 300 wild boars this fall, the animals inflicted economic losses of over 2 million yuan ($276,200) in 2023 alone, mainly through tearing up farmland, a local official told The Paper, a state-run newspaper.

People have also lost their lives.

In December 2023, a 51-year-old villager from central Hubei province died from blood loss after being bitten by a wild boar, The Paper reported. Three years earlier, a village official suffered a similar fatal boar attack in southwestern Sichuan province, according to the newspaper.

Boars have also been seen in urban areas more frequently as their numbers rise and habitat shrinks from China’s rapid urbanization.

A wild boar burst into the lobby of a four-star hotel in Nanjing in late October, struggling to escape on the slick floor before security captured it, according to state media reports.

Two days earlier, another boar, weighing 80 kilograms, ran amok through a downtown street in eastern Hangzhou, overturning vehicles and rampaging in a local shop.

Is “hunting” the right solution?

Wild boar hunting’s popularity plummeted after the species came under national protection, though some poachers still risked jail time to kill them for sale in wildlife markets.

But demand for boar meat slumped when Beijing imposed what it called an “unprecedentedly strict” ban on wildlife consumption in early 2020.

At the time, the coronavirus pandemic was spreading worldwide and many scientists linked it back to a food market in central China that sold wild meat.

One year after the consumption ban, reports of wild boar attacks exceeded 100 for the first time, according to a tally of human-boar conflicts from 2000 to 2021 published in Acta Geographica Sinica, a leading Chinese geographic journal.

As social and state media reports of wild boar attacks continued to mount, the central government removed the species from its national protection list in 2023, waiving the need for a license to hunt them.

While many welcomed the policy shift to control the pest, recent high-profile bounty hunting initiatives by local authorities have faced some pushback, igniting debate among experts about how the country should tackle this growing public menace.

“Aren’t we supposed to protect animals? Why are we back to hunting again?” said a user on Douyin, TikTok’s sister app in China.

An animal protection group active in fighting wildlife poaching for over a decade called the nationwide culling a “brutal farce,” on China’s X-like platform Weibo.

Officials have defended the policy. Sun Quanhui, a member of the Wild Boar Population Management Expert Group at China’s top forestry administration, told the state-run China Daily that hunting was the “only way” to manage the wild boar population, given the absence of natural predators.

And based on open data, he said, it was way too early to say the boars were “running rampant” in China.

He added that wild boar attacks are “precisely a fallout of humans disrupting the natural balance.”

“On one hand, we’ve driven their natural predators, like tigers, to the brink of extinction. On the other, while we’re becoming more aware of the need for conservation, many of our efforts are one-sided.”

Among those who agree on the need to curb the wild boar population, opinions vary on how to cull them and what to do with the carcasses.

Members of the state-backed expert group suggested hunters should be allowed to use guns to improve hunting efficiency, as reported by The Paper.

They also proposed changing China’s laws to allow people to consume “captured wild boars,” but only after a quarantine process to ensure the meat is safe to eat. However, the group didn’t provide further details on how this would work.

Both proposals have raised safety concerns among experts outside the group.

China’s top forestry authority said it was working to “optimize firearms and ammunition management” to “facilitate professional hunting,” according to the state-owned People’s Daily.

“Wild boar damage has become a disaster… which actually reflects a certain imbalance in the ecological environment,” the deputy head of the expert group told CCTV.

“Therefore, no matter what methods we use, we ultimately need to restore the flow and balance of the ecological chain to achieve true harmony between humans and nature.”

This post appeared first on cnn.com

Flight recorders from the passenger jet that crashed in South Korea last month, killing more than 170 people, stopped working minutes before the plane belly-landed and exploded on the runway, investigators said Saturday.

Officials probing the country’s deadliest aviation accident in almost three decades had hoped information from the so-called black boxes would shed light on why Jeju Air flight 7C 2216 from Bangkok belly-landed at Muan International Airport on December 29, erupting into a fireball.

The disaster killed 179 passengers and crew members. Two people survived.

But South Korea’s transport ministry said Saturday that both the cockpit voice recorder (CVR) and flight data recorder (FDR) from the Boeing 737-800 had stopped working about four minutes before the crash.

In a statement, the ministry said it was unclear why the devices stopped recording, adding that it will work to determine the cause.

“CVR and FDR data are important data for accident investigations, but accident investigations are conducted through investigation and analysis of various data, so we plan to do our best to accurately identify the cause of the accident,” the ministry said.

The cockpit voice recorder was first analyzed locally and later sent to the United States for cross-checking, the ministry said.

The flight data recorder, which was damaged and missing a connector, was sent to the National Transportation Safety Board in the US last week for analysis, after South Korean authorities concluded they could not extract data from the device, due to the damage.

The crash was the country’s deadliest since 1997, when a Korean Air Lines Boeing 747 crashed in the Guam jungle, with the loss of 228 lives.

It is not yet clear what caused it, with the investigation expected to take months.

Footage of the crash showed that neither the back nor front landing gear was visible at the time of the crash-landing.

Prior to the emergency landing, the pilot made a mayday call and used the terms “bird strike” and “go-around,” according to officials, who also said the control tower had warned the pilot of birds in the area.

Another point of contention has been the concrete embankment that the plane hit upon landing. Many airports don’t have similar structures so close to runways, according to aviation experts.

South Korean police last week also raided Jeju Air’s office in Seoul and the operator of Muan International Airport as part of their investigation, Reuters reported.

This post appeared first on cnn.com

Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms — Disney+, Hulu and ESPN+.

That number includes 112 million users domestically and is an average per month over the last six months.

While traditional TV outlets have a standard way of measuring ratings and viewership, there is still no industry standard methodology for measuring global streaming advertising audience size.

The company said that its Disney Advertising unit has “set out to define a globally consistent approach and methodology to estimate ad-supported audience numbers.” It’s providing the update and further insight into its ad-supported streaming business during the annual CES tech conference in Las Vegas, a go-to event for the advertising and media industry.

“Disney sits at the intersection of world class sports and entertainment content, with the most high-value audiences in ad-supported global streaming at scale,” said Rita Ferro, Disney’s president of global advertising, in a news release. “We wanted to be the first to offer our industry greater transparency into the methodology used to estimate our engaged global ad-supported monthly active users.”

In explaining the methodology, the company said the metric is derived from active accounts across Disney’s three streaming services that have viewed ad-supported shows and movies continuously for more than 10 seconds. “Each active account is then multiplied by the number of estimated users per account … to estimate the total number of users,” it said. The estimated active users are added across the apps without de-duplication, meaning users who subscribe to more than one of the platforms could be counted more than once.

Media companies have become particularly focused on generating profits from their streaming businesses, and advertising has become a key way to do that. While many platforms were initially subscription services without commercials, streaming platforms in recent years have introduced cheaper, ad-supported tiers for consumers.

Disney CEO Bob Iger has said that the company is trying to steer its customers toward its ad-supported tiers. The company has raised prices on commercial-free options since launching Disney+ with ads in late 2022.

Disney’s Hulu was one of the first streaming platforms to offer an ad-supported option. More recently, Disney+ introduced an ad-supported tier.

In November, Disney said it had 122.7 million Disney+ Core subscribers, which excludes Disney+ Hotstar in India and other countries in the region. Hulu had 52 million subscribers, while ESPN+ had 25.6 million paid subscribers.

The company historically hasn’t reported exactly how many subscribers on each platform pay for the ad-supported option, but executives in the earnings call in November said more than half of new U.S. Disney+ subscribers were choosing the cheaper, ad-supported tier, adding this “bodes well for the future.”

Disney noted during the call that average revenue per user for domestic Disney+ customers dropped from $7.74 to $7.70, due to a higher mix of customers on its cheaper, ad-supported tier and wholesale offerings. 

Executives also said in November that they were confident streaming would “be a significant growth area” for the company.

At the time, the company reported that its combined streaming business, which includes Disney+, Hulu and ESPN+, posted operating income of $321 million for the September period compared with a loss of $387 million during the same period the year prior.

Disney will report its fiscal first-quarter earnings on Feb. 5 before the bell.

This post appeared first on NBC NEWS

Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.

“At Microsoft we focus on high-performance talent,” a Microsoft spokesperson said in an email to CNBC on Wednesday. “We are always working on helping people learn and grow. When people are not performing, we take the appropriate action.”

Business Insider reported on the plans late Tuesday.

The job cuts will affect less than 1% of employees, said a person familiar with the matter who asked not to be named in order to discuss private information.

Microsoft had 228,000 employees at the end of June. While the company’s net income margin of nearly 38% is close to its highest since the early 2000s, Microsoft’s stock underperformed its peers last year, rising 12% while the Nasdaq gained 29%.

Microsoft’s latest cuts are slim compared with recent downsizing efforts.

In early 2023, the company laid off 10,000 employees and consolidated leases. In January 2024, three months after completing the $75.4 billion Activision Blizzard acquisition, Microsoft’s gaming unit shed 1,900 jobs to reduce overlap.

As 2025 begins, Microsoft faces a more tenuous relationship with artificial intelligence startup OpenAI, which the company has backed to the tune of more than $13 billion. The partnership helped propel Microsoft’s market cap past $3 trillion last year.

Over the summer, Microsoft added OpenAI to its list of competitors. Microsoft CEO Satya Nadella used the phrase “cooperation tension” while discussing the relationship with investors Brad Gerstner and Bill Gurley on a podcast released last month.

Meanwhile, the Microsoft 365 Copilot assistant, which draws on OpenAI technology, has yet to become pervasive in business. Analysts at UBS said in a note last month that they came away from Microsoft’s Ignite conference with the impression that Copilot rollouts “have been a bit slow/underwhelming.”

Microsoft is still touting its growth opportunities. Finance chief Amy Hood said in October that revenue growth from Microsoft’s Azure cloud will speed up in the first half of this year because of greater AI infrastructure capacity.

This post appeared first on NBC NEWS

Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday.

“After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming service,” they said in the statement. “In an ever-changing marketplace, we determined that it was best to meet the evolving demands of sports fans by focusing on existing products and distribution channels. We are proud of the work that has been done on Venu to date and grateful to the Venu staff, whom we will support through this transition period.”

Venu was first announced in February and intended to combine the live sports assets of Fox, WBD and Disney-owned ESPN. It was initially slated to launch before the start of the NFL season in September, but was delayed in part by a legal challenge from internet TV bundler Fubo, which claimed the platform would be anticompetitive.

Together Disney, Fox and WBD control more than 50% of all U.S. sports media rights, and at least 60% of all nationally broadcast U.S. sports rights, according to the judge on the antitrust case.

The news that it would not launch came as a shock to Venu employees, who found out late Thursday night, according to people familiar with the matter. They believed they had a pathway forward to launch the service after Disney agreed earlier this week to merge its Hulu+ Live TV with Fubo, settling all litigation over Venu.

But the judge’s response in Fubo’s lawsuit questioned the legality of cable bundling in general, prompting Disney to strike the deal with Fubo, through which Disney would take 70% control of the resulting company. And two days ago, satellite providers DirecTV and Dish sent letters to federal court arguing that the legal questions brought up by the judge remained unanswered.

Rather than risk an extended lawsuit that could jeopardize bundling in general — including Disney’s efforts to bundle its own streaming entities (ESPN, Hulu and Disney+) — the three companies decided to pull the plug on Venu, according to people familiar with the company’s decisions.

Warner Bros. Discovery’s business model relies heavily on negotiating bundled carriage agreements for its many cable networks, including CNN, TNT, HGTV and Food Network.

Disney is targeting a debut of ESPN “Flagship,” an all-inclusive ESPN streaming service, for August 2025. The still unnamed ESPN streaming service will including everything that airs on ESPN’s linear network, unlike ESPN+.

Disney’s deal with Fubo, along with the company’s recent carriage renewal with DirecTV, also gives the company new ways to package so-called skinny bundles — narrower selections of channels for less money. This was the idea behind Venu: selling a smaller number of linear channels for less money than traditional cable TV.

Disclosure: Comcast, which owns CNBC parent NBCUniversal, is a co-owner of Hulu.

This post appeared first on NBC NEWS

The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million in relation to charges that he failed to disclose payment agreements related to sexual assault charges.

Meanwhile, a woman suing McMahon and the WWE said she was pressing on with her civil case related to the allegations.

The SEC said McMahon circumvented WWE internal accounting controls and caused material misstatements in the company’s 2018 and 2021 financial statements.

The SEC added that McMahon agreed to the settlement without admitting or denying its findings. He will pay a $400,000 civil penalty and reimburse WWE approximately $1,331,000. 

“Company executives cannot enter into material agreements on behalf of the company they serve and withhold that information from the company’s control functions and auditor,” Thomas P. Smith Jr., Associate Regional Director in the New York Regional Office, said in a statement.

McMahon released the following statement Friday:

“The case is closed. Today ends nearly three years of investigation by different governmental agencies. There has been a great deal of speculation about what exactly the government was investigating and what the outcome would be. As today’s resolution shows, much of that speculation was misguided and misleading. In the end, there was never anything more to this than minor accounting errors with regard to some personal payments that I made several years ago while I was CEO of WWE. I’m thrilled that I can now put all this behind me.”

Last month, U.S. prosecutors indicated they would continue a criminal investigation into McMahon while a civil case being brought by a former WWE employee alleging sexual assault and trafficking went forward. 

A DOJ spokesperson did not immediately respond to a request for comment.

An attorney for Janel Grant, a former WWE employee who filed the civil case, said in a statement that Grant intended to press on with her suit against McMahon, WWE and John Laurinaitis, a former company executive.

“During his time leading WWE, Vince McMahon acted as if rules did not apply to him, and now we have confirmation that he repeatedly broke the law to cover up his horrifying behavior, including human trafficking,’ said the attorney, Ann Callis.

‘The SEC’s charges prove that the NDA Vince McMahon coerced Ms. Grant into signing violates the law, and therefore her case must be heard in court. While prosecutors for the Southern District of New York continue their criminal investigation, we look forward to bringing forward new evidence in our civil case about the sexual exploitation Ms. Grant endured at WWE by Vince McMahon and John Laurinaitis.”

The SEC alleges McMahon failed to disclose one $3 million payment paid to a former WWE employee — and another $7.5 million paid to a female independent contractor — in exchange for their not filing claims against him.

As a result, the agency said, the WWE overstated its 2018 net income by approximately 8% and its 2021 net income by approximately 1.7%. 

The SEC did not name either payment recipient. In 2022, the Wall Street Journal reported McMahon had paid $3 million to a former WWE employee to quash sexual assault allegations.

Two years later, that employee, Grant, filed explosive sexual assault and trafficking allegations against McMahon and WWE, prompting McMahon to step down as executive chairman of TKO, the WWE’s parent company, and relinquished all roles with WWE.

The Wall Street Journal has reported that McMahon has paid as much as $12 million over 16 years to suppress various allegations of sexual misconduct and infidelity.

The settlement comes as Linda McMahon, Vince McMahon’s wife and former WWE CEO, prepares for Senate confirmation hearings to become education secretary in President-elect Donald Trump’s second administration.

CORRECTION (Jan. 10, 2025, 12:50 p.m. ET): A previous version of this article misstated the last name of one of the former WWE employees who filed a civil case against Vince McMahon. She is Janel Grant, not Janel Hill.

This post appeared first on NBC NEWS

The 10-Year Treasury Yield has gone up a full percentage point, from a low of 3.6% in September 2024 to a level of 4.6% this week. So what does this rapid rise in interest rates mean for your portfolio? Let’s look at the shape of the yield curve by comparing multiple maturities, review how recent moves on the yield curve relate to previous recessionary periods, and analyze the most important charts to gauge a potential impact.

Higher Rates Mean Bad News for Borrowers

The chart of the 10-Year Treasury Yield ($TNX) has effectively been in a wide trading range since mid-2023. The 10-Year has fluctuated between lows around 3.6-3.8% and highs in the 4.7-5.0% range. As we’re now seeing a 4.7% yield on the 10-Year, we could be setting up for a retest of the 2023 high around 5.0%.

Higher rates can definitely put pressure on industry groups like homebuilders, because this move in the 10-Year means new home buyers can expect much higher mortgage payments. In terms of broad market implications, the shape of the yield curve could have even more significance in the coming months.

The bottom two panels show the spread between the 10-year point on the yield curve compared to two other maturities: the 3-month and 2-year points. In recent years, we have experienced an inverted yield curve, where the short-term yields are higher than long-term yields.  But with the Fed lowering short-term rates, and long-term rates turning back higher, we once again have a normal shaped yield curve.

The Yield Curve Is No Longer Inverted — So What?

Investors love to debate whether a recession is likely, because that confirms that the economy is no longer growing as it usually does. But given the lag in economic data, investors can actually look at the shape of the yield curve to determine if conditions are present that suggest a recessionary period is coming.

Here, we’re taking the 2-year vs. 10-year points on the yield curve and plotting that spread back to 1985. I’ve placed a red vertical line where the yield curve turned back to a normal shape after being inverted, and I’ve also included orange-shaded areas which represent recessionary periods.

You may notice that over the last 40 years, every time we’ve had an inverted yield curve where the spread then turned back positive, we’ve seen a recession soon afterwards. You may also notice that the performance of the S&P 500 (bottom panel) confirms that the yield curve moving back to a normal shape usually happens just before a bear market begins.

While the long-term implications of a normal shaped yield curve are bullish, as they imply optimism about future economic growth, the reality is that the short-term environment for stocks is usually fairly unstable.

Market Trend Is What Matters Most

So what do we do given this bearish headwind for stocks going into 2025? I would argue that now, more than ever, it pays to follow the trend. As long as the medium-term and long-term trends in the S&P 500 remain constructive, then I’ll want to follow that uptrend until proven otherwise.

My Market Trend Model is designed to track the trend in the S&P 500 on three time frames: short-term (a couple days to a couple weeks), medium-term (a couple months), and long-term (over a year).  As of mid-December, the short-term model turned bearish for the S&P 500. The medium-term and long-term models remain bullish through last Friday.

I consider the medium-term trend to be the most important, as it serves as my main “risk on/risk off” measure. When the model is bullish, that tells me to look for long ideas and take on additional risk. When the model is bearish, that tells me to focus more on capital preservation than capital growth.

The short-term model turned negative five times in 2024, but the medium-term model remained bullish in all five cases. This helped me understand that those were brief pullbacks within a longer uptrend phase. If and when the medium-term model turns negative, you’ll hear me take on a much more cautious tone on my market recap show, as I’ll be looking for opportunities to take risk off the table.

RR#6,

Dave

P.S. Ready to upgrade your investment process? Check out my free behavioral investing course!


David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

The author does not have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

The market sometimes struggles to find direction, as it digests mixed yet impactful economic data. Wednesday was one of those days. With US 10-Year Treasury yields rising and FOMC minutes highlighting inflation concerns, major indexes swung lower, then higher, before closing mixed: the Dow ($INDU) and S&P 500 ($SPX) edged up, while the Nasdaq Composite ($COMPQ) ended in the red.

Amid the back-and-forth, there are several tools you can use to find stocks that may be of interest, depending on your angle of approach. I was interested in finding stocks that bucked market indecision, specifically those that notched all-time or 52-week highs.

Using the StockCharts New Highs tool, one of the Dashboard panels, I observed that Boston Scientific Corp (BSX) occupied the top spot.

FIGURE 1. NEW HIGHS TOOL. BSX defied the market’s turbulence, reaching a record high.Image source: StockCharts.com. For educational purposes.

Though not one of the flashier stocks on Wall Street, you’ve likely heard of BSX, or you may be familiar with some of the products it manufactures. Still, it doesn’t hurt to get a snapshot of its technical and fundamental profile. Here you can use the StockCharts Symbol Summary tool for a quick analysis.

FIGURE 2. TOP SECTION OF THE SYMBOL SUMMARY PAGE FOR BSX. It may not be the “sexiest” stock, but it’s a “solid” one.Image source: StockCharts.com. For educational purposes.

The stock has a sizable market cap and liquidity, making it tradable for those interested in the stock. If you scroll down, the summary, you’ll find that despite a few quarters of earnings misses, it has a solid history of topping revenue expectations. (The summary offers much more detailed technical and fundamental data, so I encourage you to explore it thoroughly.)

A closer look at BSX reveals its innovative product portfolio, strategic acquisitions, robust financials, strong market position, and favorable analyst expectations—all pointing to a “solid” company with promising growth potential.

Let’s look at a weekly chart for a big-picture view of its historical price action.

FIGURE 3. WEEKLY CHART OF BSX. The stock has outperformed the healthcare sector (XLV) and the S&P 500 since 2022.Chart source: StockCharts.com. For educational purposes.

BSX’s solid uptrend began toward the end of 2022. It began outpacing the S&P 500 earlier that year and the Health Care sector (using the Health Care Select Sector SPDR ETF XLV) later that summer. Its relative price performance shows that it’s outperforming the sector by over 107% and the broader market by roughly 80%.

Notice that price surge in the last bar? That was due to a major acquisition (it purchased Bolt Medical) and a competitor’s, Johnson & Johnson (JNJ), product suspension benefiting BSX. As far as fundamental projections are concerned, they vary, as with most stocks. Nevertheless, for those interested in adding BSX stock to your portfolio, it’s best to decide on a favorable entry point. For that, you need to look at the daily chart.

FIGURE 4. DAILY CHART OF BSX. Note the runaway gap that will likely get filled, signaling a potential buying opportunity.Chart source: StockCharts.com. For educational purposes.

The stock has been experiencing an extended period. Note that the 50-, 100-, and 200-day Exponential Moving Averages are all in “full-sail,” indicating the strength of BSX’s years-long uptrend.

BSX’s news-driven runaway gap is likely to be filled as bullish sentiment moderates. Plus, the Money Flow Index (MFI), which considers volume and momentum, has been declining from “overbought” levels (top panel), showing a slight bearish divergence that adds to the case for a near-term pullback.

As price pulls back, the 50-, 100-, and 200-day EMAs should provide clear support levels; each EMA presenting a potential entry point for those looking to go long.

The chart also plots a Bullish Percent Index (BPI) for the healthcare sector ($BPHEAL) in the bottom panel. Why plot this when BSX is the clear outlier and outperformer? You will want to monitor breadth to assess the overall sector context regardless of BSX’s performance. For instance, if the sector is undergoing a bullish rotation, such a tide tends to lift most stocks within that sector, including BSX.

In the case above, the healthcare BPI shows that the sector has risen above “oversold” levels (the 30% line) as 42% of stocks in the sector are exhibiting P&F buy signals. BPI favors the bulls when the line exceeds 50%. So, while BSX is outperforming the sector, the proverbial tides appear to be turning in BSX’s favor.

Action Steps

If you’re looking to add BSX to your portfolio, consider the following action steps:

  • Add BSX to your ChartLists to monitor the stock, using the indicators suggested above.
  • Monitor BSX’s price action in light of any developments that may affect it, as the gap and surge in price were heavily news-driven.
  • Look to the EMAs as potential support levels and entry points.
  • Keep an eye on market breadth to assess how sector performance may (or may not) affect the stock’s performance in the near-to-intermediate term.

At the Close

StockCharts’ New Highs Tool is an invaluable resource for spotting standout stocks. In the case above, the tool highlighted BSX as a stock that defied broader market uncertainty, providing a strong starting point for deeper analysis.

While healthcare may not currently rank among the most bullish sectors, BSX has been bucking this trend, rising steadily for the last two and a half years. Its outperformance — driven by acquisitions and competitor setbacks — suggests it could continue to grow, making it a compelling candidate for investment. Additionally, if the healthcare sector eventually turns bullish, it may provide an opportunity to jump into the sector during the early stages of a bullish rotation.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Venezuelan opposition leader Maria Corina Machado has been detained in Caracas after joining a protest against President Nicolas Maduro’s planned inauguration for a third term, according to her team.

Machado’s political group Comando con Venezuela wrote on X that she was “violently intercepted” while exiting the rally on Thursday.

“Regime troops shot at the motorcycles that were transporting her,” the group said.

Machado’s appearance at the rally was her first public appearance in months, since a government crackdown on Venezeulan opposition figures and their supporters last year.

“I am here,” she posted on X earlier on Thursday, along with a video of herself at the protest, wearing jeans and the colors of the Venezuelan flag.

Asked what would happen if she were arrested earlier this week, Machado acknowledged the risk.

Rival protests throughout Caracas

Rival groups of demonstrators had gathered throughout Venezuela’s capital Caracas on Thursday, the eve of the inauguration.

In several parts of Caracas on Thursday, crowds of opposition supporters slowly swelled with people waving flags and calling for libertad (freedom). Supporters were also seen holding “Gonzalez Presidente” signs and blowing vuvuzelas.

Meanwhile in Venezuela’s largest barrio Petare, Maduro supporters also assembled in what they call a “march for peace and joy.”

Maduro was proclaimed winner of the presidential election in July by electoral authorities under the tight control of the ruling Socialist Party.

But Venezuela’s opposition, led by Machado, published thousands of voting tallies claiming that their own candidate, Edmundo Gonzalez, had actually won the vote with 67% against Maduro’s 30%.

Maduro is scheduled to attend a swearing-in ceremony on January 10.

Gonzalez, who has vowed to return to Caracas this week despite the threat of arrest, started the day in the Dominican Republic where he met the Dominican President Luis Abinader and other regional former leaders.

“We Venezuelans will soon regain our freedom,” Gonzalez said in a speech in Santo Domingo.

This post appeared first on cnn.com

A Swiss national who was arrested and accused of spying in Iran died by suicide in prison on Thursday, according to Mizan Online, a news agency affiliated with Iran’s judiciary.

“All evidence and documents from the place where this person was being held have been reviewed, and according to the documents, it is clear that he committed suicide,” the chief justice of Iran’s Semnan province said, as cited by Mizan Online.

This Swiss citizen’s case, whose identity has not been disclosed, “was being reviewed and processed” after he was arrested for espionage, according to Mizan Online.

Switzerland’s Federal Department of Foreign Affairs (FDFA) has confirmed the death of a Swiss citizen in Iran.

“The Swiss Embassy in Tehran is in contact with the local authorities to clarify the circumstances of the death in an Iranian prison,” the FDFA said in a Thursday statement.

Semnan prison is about 190 kilometers (118 miles) east of Tehran, Iran’s capital.

The Swiss citizen, who was being held in Semnan prison, asked his cellmate on Thursday morning local time to provide him with food from the prison buffet, the chief justice said, as cited by Mizan Online.

“This prisoner took advantage of the time he was left alone in the cell,” and took his own life, the chief justice added.

“Prison officials immediately took action to save this person, but efforts to save him were unsuccessful,” according to the chief justice of Iran’s Semnan province.

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