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When the market goes up one day and down the next, it becomes challenging to jump into a stock. It’s best to exercise patience until the market shows direction. But that doesn’t mean you should keep your eyes off the stock market, as it’s an excellent time to set up your ChartLists so you can jump into stocks when the time is right.

One stock not to ignore is Arista Networks (ANET). It may not be one of the AI stocks that makes it to the headlines, but if AI is the next big wave in technology, the infrastructure will play a massive role in its development. ANET is a big player in this space. The company reported earnings on Monday after the close; earnings and revenues beat estimates, and the stock received a bullish call from a Morgan Stanley analyst. That was enough of a catalyst for Arista Networks’ stock price—it gapped up at the open and is now trading at a new 52-week high.

Is Arista Networks Toppy?

Whenever a stock sees a price spike, especially when it’s trading at its all-time high, the general thinking is that the stock has already hit the top and it’s too late to get in. Well, that could be true, but looking at a longer-term view of Arista Networks’ stock price, it’s been in a pretty steady, shallow uptrend. Looking at past price action, whenever the stock price hit a high, it stalled, pulled back, and continued its uptrend. A similar scenario could occur again.

CHART 1: MONTHLY CHART OF ARISTA NETWORKS (ANET). The stock is trading at its all-time high. Does it have room to rise further?Chart source: StockCharts.com. For educational purposes.

The weekly chart shows a similar picture. ANET is hitting against its all-time high. Will it bust through it or pull back for a few weeks and start making its next leg up?

CHART 2: WEEKLY CHART OF ARISTA NETWORKS. The stock is trading above its 21-day EMA (blue line) and closed at a new high. Chart source: StockCharts.com. For educational purposes.

The daily chart shows that price gapped up on positive news, pulled back to its 50-day simple moving average (SMA) support level, and then moved higher. This suggests that the buyers were dominating and keeping the stock price higher.

CHART 3: DAILY CHART OF ARISTA NETWORKS. The stock bounced off its 50-day simple moving average, is outperforming the S&P 500, and its relative strength index (RSI) is rising. Chart source: StockCharts.com. For educational purposes.

Relative to the S&P 500 index ($SPX), ANET’s price performance is at 55%, which means the stock is outperforming the index. The relative strength index (RSI) is also encouraging; it’s between 50 and 70, which means there is room for an upside move in the stock’s price. During its last earnings report on July 31, ANET’s stock price displayed a similar scenario. Price gapped lower, but after the earnings report, the stock price gapped up on strong volume, then moved sideways. It gently trended higher until right before the most recent earnings report, when it repeated a similar action.

The Pattern Could Repeat

If Arista Networks’ stock price pulls back and continues its uptrend, it could be a longer-term hold. Keep an eye on its relative strength, the RSI, and how the price moves relative to its moving averages. This stock is definitely one to add to your StockCharts ChartLists.

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.

SPX Monitoring Purposes: Long SPX 10/27/23 at 4117.37.
Gain Since 12/20/22: Over 17%.
Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78.

Last Thursday, we said “Above is the weekly SPY, with its Bollinger bands going back nearly three years. Short-term lows have formed when the weekly SPY closed below its lower Bollinger band (circled in blue). The week ends tomorrow, so ideally we would like to see the SPY to not rally and close below the lower Bollinger Band. The bottom window is the weekly SPY/VIX ratio, which has traded sideways so far this week. We marked in light blue other times the SPY was down and this ratio traded sideways. Bullish signs are present.” This trade setup could be working out. The most bullish weekly seasonality period of the year is October 27 to November 3. We are long SPX 10/27/23 at 4117.37.

The bottom window is the “Zweig Breadth Thrust” indicator (ZBT). ZBT has a good chance of triggering in the coming days. A ZBT is triggered when this indicator rallies from below .40 to .60 in 10 or fewer days. ZBT reached .38 last Friday and stands at .43. ZBT would need to reach .60 by November 10 (10 trading days). For that to happen, the market would in general to work higher. ZBT triggers at intermediate-term lows and would be a bullish sign for the market. We noted previous signals on the chart above. There were 3 ZBT signals triggered from the sideways move from April 2022 to April 2023, which suggests a bull run was about to begin (which it did).

Tim Ord,

Editor

www.ord-oracle.com. Book release “The Secret Science of Price and Volume” by Timothy Ord, buy at www.Amazon.com.

Signals are provided as general information only and are not investment recommendations. You are responsible for your own investment decisions. Past performance does not guarantee future performance. Opinions are based on historical research and data believed reliable; there is no guarantee results will be profitable. Not responsible for errors or omissions. I may invest in the vehicles mentioned above.

On this week’s edition of StockCharts TV‘s Halftime, Pete starts the show with a review of the Chaikin Power Gauge and demonstrates how to access to the tool on the ACP platform. Pete then reviews a few names that are moving big today, like Amgen (AMGN) and VF Corp (VFC), and covers the usual indexes including the S&P 500, Nasdaq 100 and the U.S. 10-year yield. He finishes up the show with a look at Gold, an asset class that he hasn’t reviewed in months.

This video originally premiered on October 31, 2023. You can watch on our dedicated Halftime by Chaikin Analytics page on StockCharts TV, or click this link to watch on YouTube.

You can view all previously recorded episodes of Halftime by Chaikin Analytics with Pete Carmasino at this link.

Vice President Kamala Harris said Monday that it’s the Biden administration’s ‘duty’ to prevent ‘algorithmic discrimination’ when it comes to the field artificial intelligence (AI), and to ensure its benefits are ‘shared equitably’ among society.

Her continuation of what some have called the administration’s effort to make AI ‘woke’ happened during her remarks alongside President Biden at the White House just before he signed an executive order establishing AI standards for private companies.

‘I believe we have a moral, ethical and societal duty to make sure that AI is adopted and advanced in a way that protects the public from potential harm and ensure that everyone is able to enjoy its benefits. Since we took office, President Biden and I have worked to uphold that duty,’ Harris told a crowd gathered in the White House’s East Room. 

‘Before generative A.I. captured global attention, President Biden and I convened leaders from across our country, from computer scientists to civil rights leaders, to legal scholars and business leaders, all to help make sure that the benefits of A.I. are shared equitably, and to address predictable threats, such as algorithmic discrimination, data privacy violations, and deep fakes,’ she said.

Harris added that the ‘Blueprint for an AI Bill of Rights,’ an administration document that recommends ‘proactive equity assessments as part of the system design,’ would establish ‘a minimum baseline of responsible AI practices’ for private companies operating within the field.

Her comments come after the American Accountability Foundation (AAF), a conservative watchdog group, warned the Biden administration was actively seeking to use AI to promote woke, progressive ideology with left-wing activists leading the effort.

‘Under the guise of fighting ‘algorithmic discrimination’ and ‘harmful bias,’ the Biden administration is trying to rig AI to follow the woke left’s rules,’ AAF president Tom Jones told Fox News Digital in August.

‘Biden is being advised on technology policy, not by scientists, but by racially obsessed social academics and activists. We’re already seen the biggest tech firms in the world, like Google under Eric Schmidt, use their power to push the left’s agenda. This would take the tech/woke alliance to a whole new, truly terrifying level,’ Jones said.

The AAF cited the Blueprint for an AI Bill of Rights as an example.

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Israel’s ambassador to the United Nations gave a blistering speech at the world body on Monday, blasting the Security Council for not condemning Hamas terrorists for the intentional murder of Israeli civilians on Oct. 7, and remaining silent just like the ‘world’ did when Nazis killed innocent Jews at Auschwitz.

Ambassador Gilad Erdan addressed the emergency meeting on the Israel-Hamas war, which was convened at the request of the United Arab Emirates.

During his address, he attacked the Security Council’s silence on the heinous acts committed by Hamas terrorists, likening it to when his grandfather Chaim and his children were sent to Auschwitz.

‘When his babies were sent to the gas chambers, the world stayed silent. When their bodies were burned along millions of other Jewish children, the world was silent,’ Erdan said. ‘Today, after innocent Jewish babies were burned alive, this Council is still silent. Some of you have learned nothing in the past 80 years. Some of you have forgotten why this body was established.’

He reminded them that every day after today, he wanted each member of the Security Council to remember what he said while they all remained silent in the face of evil.

‘Just like my grandparents, and the grandparents of millions of Jews, from now on, my team and I will wear Yellow Stars. We will wear this star until you wake up and condemn the atrocities of Hamas,’ Erdan said. ‘We will walk with a yellow star as a symbol of pride. A reminder that we swore to fight back to defend ourselves.’

HAMAS LAUNCHES MASSIVE ROCKET BARRAGE AS ISRAEL DELAYS INVASION 

The ambassador also made a comparison between Hitler and Iran’s Ayatollah Khamenei, saying the latter’s regime is the Nazi regime. The Ayatollah’s army includes ‘Hamas, Palestinian Islamic Jihad, Hezbollah, the Houthis, the Revolutionary Guard and other savage Jihadists.’

‘Instead of shouting ‘Sieg Heil,’ these radical Nazi Islamists scream, ‘Death to Israel! Death to America! Death to England!’’ Erdan said. ‘We were attacked by the Hamas Nazis. We were shown that genocidal Jew-hatred did not die with Hitler, it bubbled and grew, until it invaded our homeland.’

He said the difference, though, is Jews today have ‘a strong state and a powerful military.’

Erdan accused the Ayatollah of spreading ‘poisonous genocidal ideologies with the world’ in the days leading up to Oct. 7, and tweeting about the end of Israel, alleging that Israel is dying.

‘On the day of the massacre, he called for the eradication of Israel alongside a video of Israelis running for their lives as his Hamas Einsatzgruppen mowed them down with machine guns,’ the ambassador said. ‘If Hitler had a Twitter account, it would look exactly the same as Khameini’s.’

He blasted the U.N. for not condemning the ‘Nazi murderers,’ accusing them of giving the terrorists fodder for their efforts when the UN General Assembly was seen ‘applauding efforts to prevent the Jews’ from defending themselves.

‘They heard the Secretary-General portray understanding for the Nazi slaughter. And this is precisely why we have seen the most staggering rise in Jew-hatred since the Nuremburg laws and their aftermath. The antisemites have been empowered,’ Erdan said. ‘They now know that slaughtering Jews in their beds, is met with silence. They have been so galvanized by this organization’s inaction that they cannot wait to butcher Jews themselves.’

He added that today, calls for ‘gassing the Jews’ can be heard in Sydney, Australia; chants for a Judenrein Palestine, ‘From the River to the Sea’ can be heard across the U.S.; and battle cries against Jews are being screamed in Paris, Brussels and London.

Then on Sunday, an airport in Russia was invaded by Islamist terror supporters hunting for Jews to lynch.

‘This is precisely where the world stood as the Nazis begin their rampage,’ Erdan exclaimed. ‘Precisely the same moment! And then too – the world was silent.’

He told the council had it existed back on June 6, 1944, it would likely be debating the amount of fuel and electricity the citizens of Munich had on D-Day as Allies stormed the beaches of Normandy or would be fixated on the death toll of Germans versus the murdering of British civilians.

‘This Council would be calling for a ceasefire before the Russians retook Stalingrad,’ Erdan said.

But then he spoke to the strength of his people, describing Jews as ‘unbreakable.’

‘Many have tried to destroy us…but none have succeeded,’ Erdan said. ‘The Iranian Reich will be no different! Israel will prevail. We will bring our hostages home. And the citizens of the Jewish State will live in peace and freedom.’

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Democrats in the Senate have announced the next step in their ethics investigation of the U.S. Supreme Court, which was prompted after investigative reports found some justices enjoyed benefits that some suggested could have influenced their decisions on cases.

Senate Judiciary Committee Chair Dick Durbin announced on X, formerly Twitter, that he was seeking the ability to subpoena Harlan Crow, Leonard Leo and Robin Arkley II as the investigation moves into its ‘next step.’ Crow and Arkley are wealthy Republican donors, and Leo is an activist that has also been tied to gifts given to Supreme Court justices.

‘The Supreme Court is in an ethical crisis of its own making,’ Durbin, D-Ill., said on Monday. ‘In order to adequately address this crisis, it is imperative that we understand the full extent of how people with interests before the Court are able to use undisclosed gifts to gain private access to the justices.’

‘The inquiries the Committee has sent to Harlan Crow, Leonard Leo, and Robin Arkley are critical to this work,’ the Democrat continued.

In the statement, Durbin claimed Crow, Arkley, and Leo have ‘either refused to comply or offered to produce certain limited information that fell well short of what the Committee needs and to which it is entitled.’

The Senate Judiciary Committee was then ‘forced to seek compulsory process’ to obtain additional information, Durbin said.

The Democrat credited the current Senate investigations with reports over the spring and summer that revealed some Supreme Court justices enjoyed gifts that were not publicly disclosed. 

‘Thanks to investigative reporting, we now know that for decades, some justices have been joining billionaires with business before the Court on their private planes and yachts or receiving gifts such as private school tuition for a family member,’ Durbin said. ‘And it is through this reporting that we learned the justices have not been disclosing these gifts as required by federal laws that expressly apply to them.’

‘By accepting these lavish, undisclosed gifts, the justices have enabled their wealthy benefactors and other individuals with business before the Court to gain private access to the justices while preventing public scrutiny of this conduct,’ the Democrat continued.

Documents revealed over the summer showed Crow paid for trips and bought property from Justices Clarence Thomas while Leo and Arkley organized and paid for a trip for Justice Samuel Alito.

He also took a swipe at Supreme Court Chief Justice John Roberts, saying he ‘could fix this problem today and adopt a binding code of conduct.’

Roberts has been a frequent target of criticism and Democrats have demanded he investigate his fellow justices.

‘As long as he refuses to act, the Judiciary Committee will,’ Durbin concluded.

Some Republicans have decried the Supreme Court investigations as efforts to delegitimize the court, cast doubt on its rulings or to allow President Biden to potentially replace justices on the bench.

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FIRST ON FOX: Sen. Tommy Tuberville, R-Ala., has no plans to concede his protest against the Department of Defense (DOD) funding some costs for abortion procedures for military service members, even as Senate Democrats plan to advance a proposal to change the rules this week.

Democrats, some Republicans and Kyrsten Sinema, I-Ariz., plan to maneuver around Tuberville’s hold on military promotions by introducing a change in the Senate Rules Committee that would allow them to approve a batch of nominees through 2024.

Tuberville said the ‘only power’ senators have is ‘through holes’ by trying to change the procedures. It would take nine Republicans to vote with Senate Democrats for a resolution bypassing the holds to pass. It would first go through the rules committee.

‘I’m trying to keep the White House from playing dictator along with the Pentagon,’ Tuberville told Fox News Digital. ‘Abortion is the No. 1 issue in our country in our lifetime when it comes to social issues, and the American people need to have a say so now.’

The DOD’s abortion policy was implemented after the overturning of Roe v. Wade last year.

Hundreds of promotion nominees remain in limbo as Tuberville’s nearly nine-months-long hold continues in protest of the Pentagon’s abortion policy, which allots paid leave and travel costs for service members who seek an abortion. He confirmed that he has no plans to lift the blockade unless it’s punted in a floor vote.

‘And then whichever way it goes, you know, that’s life, but that’s the only way that I will drop my hold,’ he said. ‘They’re not going to press me any other way.’

After talking to several generals and leaders in the military, there’s no issue with ‘military readiness’ as some might suggest, Tuberville added.

‘I know there’s some people [who] probably need promotions, and it means a little bit more money,’ he said. ‘But at the end of the day, I’ve talked to a lot of generals and admirals, and they’ve all said, ‘Listen, the job is getting done.’’

Despite efforts to overturn the current hold, Tuberville, a retired college football coach, said he doesn’t think a rule change will happen. It would need 60 votes to pass. Republicans currently hold 49 seats in the Senate while Democrats hold the majority at 51.

‘I think that we’ll be able to hold her in the line and force them to eventually vote on this,’ he said.

‘We’re not the House,’ he added. ‘The House is a simple majority. Over here, you’ve got to get 60 votes. That means you got to have people from the other side convinced that this is what you need to do. That’s the reason we’re different.’

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Democratic Rep. Andre Carson, who was one of 10 Democrats to vote against a resolution to condemn Hamas terrorist attack in Israel, has a long history of anti-Israel activism that has sparked controversy.

Carson’s stance on Israel was front and center over the weekend when he called fellow Democratic Rep. Josh Gottheimer, N.J., a ‘coward,’ ‘punk’ and ‘gangster’ for his criticism against lawmakers who voted against a resolution to condemn Hamas and support Israel. Gottheimer, who is Jewish, used the word ‘despicable’ to describe Democrats who opposed the resolution.

Fox News Digital reviewed Carson’s previous positions on Israel and found several examples of the congressman advocating anti-Israel positions.

In 2015, Carson met with Louis Farrakhan and told media outlets in 2018 he would not rule out meeting with him again in the future. 

Farrakhan has  called Jewish people ‘termites’, praised Hitler, and been criticized for a litany of derogatory statements about Israel. 

Carson has opposed recognizing Jerusalem as the capital of Israel as recently as 2017 and in 2019 Carson defended Rep. Ihan Omar when she was accused by House Republicans of antisemitism.

Carson was also one of 17 House members who voted against a measure opposing the BDS movement and signed onto a resolution that supported BDS, which effectively calls for the boycott of Israel products.

The Indiana Democrat has also made moves to prevent Israel from continuing to arm itself in the form of opposing a weapons sale to Israel in 2021 and being one of 9 House members to vote against Iron Dome funding that same year.

His support of Palestinians in the Hamas run Gaza Strip continued into this year when he voted against a pro-Israel resolution in July that condemned antisemitism after Democratic Rep. Pramila Jayapal called Israel a ‘racist state.’

Following the October 7 terrorist attack, which Carson voted against condemning last week, a senior legislative assistant who advises his office shared a post that justified the Hamas attack on Israel.

‘It’s no surprise when people living under occupation decide to resist. Because the truth of occupation, what happens when you continually oppress an entire ethnic population, gradually steal its land, and collectively imprison it in ghettos, is that eventually the population will fight back,’ read one post shared by Diala Qasem, originating from an account called ‘hiddenpalestine.’

‘I want to make it clear: I have condemned Hamas for their heinous attacks on civilians and call for an immediate release of the Israeli hostages,’ Carson said in a statement after opposing the resolution condemning Hamas. ‘I continue to call for the safety of all civilians in the Middle East.’

‘Unfortunately, today’s resolution H. Res. 771 is horribly one-sided. By failing to acknowledge the growing loss of Palestinian lives or that all Palestinians are not Hamas, this resolution creates further division and spurs harmful rhetoric.’

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Former President Trump isn’t joining his rivals for the Republican presidential nomination on the stage next week at the third GOP primary debate. 

The former president – who skipped out on the first two debates and who’s holding a simultaneous rally just a few miles from the where the showdown’s being held in Miami, Florida – doesn’t have to.

With the clock ticking and just eleven weeks to go until the Iowa caucuses kick off the 2024 GOP presidential nominating calendar, Trump remains leagues ahead of his challengers in the latest national polling and crucial early state surveys, and enjoys a dominating advantage in the fundraising fight.

The latest evidence – a new and anticipated poll in Iowa this week that indicates the former president with a commanding 27-point lead over Florida Gov. Ron DeSantis and former ambassador and former South Carolina Gov. Nikki Haley, who are tied for a very distant second place.

‘The fundamentals of this race haven’t changed from the very beginning. We’ve been seeing people rise and fall in the second and third place positions, but they’re dozens of points behind,’ seasoned Republican strategist and presidential campaign veteran Ryan Williams said.

Trump, who’s making his third straight White House run, saw his lead expand over the spring and summer as he made history as the first former or current president in American history to be indicted for a crime. Trump’s four indictments – including in federal court in Washington D.C. and in Fulton County court in Georgia on charges he tried to overturn his 2020 presidential election loss – have only fueled his support among Republican voters.

‘Nothing Trump has said changed that. None of the indictments has changed that. There doesn’t appear to be anything between now and when the voting starts that could change the trajectory of the race,’ Williams emphasized.

Need more proof? 

Then check out this past weekend’s Republican Jewish Coalition leadership summit in Las Vegas, Nevada, which attracted Trump and all the other major GOP White House hopefuls. It was just the second time this cycle that the former president joined his 2024 rivals on the same stage at the same event. 

It could have been a rough appearance for Trump, in the wake of his controversial comments earlier this month criticizing Israeli leader Benjamin Netanyahu and describing Hezbollah as ‘very smart.’ The former president’s remarks came just days after 1,400 Israelis were killed in sneak assault by Hamas, the deadliest attack on the Jewish State in a half century.

But his rivals mostly avoided taking shots at Trump, who appeared to be the biggest winner of the weekend, as he grabbed the most sustained applause from the large crowd of influential Republican leaders, donors, and activists. 

And minutes before Trump took to the stage, former Vice President Mike Pence – facing lackluster fundraising struggling to qualify for next week’s debate – suspended his Republican White House campaign. 

As he bowed out, Pence made a final appeal for the GOP to return to its conservative roots and resist what he’s repeatedly called the ‘siren song of populism’ – a message that doesn’t appear to be resonating in a Republican Party dramatically reshaped by his two-two running mate.

Voters in Iowa and New Hampshire tend to be late deciders.

Popular GOP Gov. Chris Sununu of New Hampshire, a vocal Trump critic, told Fox News last week that ‘folks won’t make their decision who they’re voting for till maybe late December, early January. So still plenty of time to actually earn those votes.’

Longtime New Hampshire based Republican strategist Jim Merrill said ‘I’m not ready to say it’s a done deal yet.’

But he added ‘it’s getting close.’

Looking ahead, Merrill said ‘I think realistically the campaigns who are on the outside looking in right now have the next month to figure strategically whether they have a viable path forward. If they don’t, then the need to think long and hard about moving on.’

‘The fat lady isn’t singing yet, but she’s clearing her throat,’ emphasized Merrill, who’s a veteran of numerous GOP presidential campaigns.

Nicole Schlinger, a longtime Iowa based conservative strategist who’s well-connected with evangelical groups, pointed to the rise this autumn of Haley’s poll numbers in Iowa and New Hampshire, which holds the first primary and votes second in the Republican nominating calendar, as well as her home state, which holds the first southern contest. Haley has leapfrogged DeSantis for second place in many of the recent surveys.

‘I think there are some things brewing under the surface, that if someone can break out with some momentum could be interesting,’ she offered.

But Schlinger added ‘that being said, if the race stays as it is today, I think we know who our nominee going to be.’

Get the latest updates from the 2024 campaign trail, exclusive interviews and more at our Fox News Digital election hub.

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The head of a United Nations agency said during an emergency meeting Monday that ‘an immediate humanitarian ceasefire has become a matter of life and death for millions.’

Philippe Lazzarini, the Commissioner-General of the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), warned against additional fighting in Gaza, where Israeli forces are launching a ground invasion to eliminate Hamas, which governs the territory.

Lazzarini warned Israel against the ‘collective punishment’ of Palestinians and said a further breakdown of civil order following the looting of the agency’s warehouses by Palestinians searching for food and other aid ‘will make it extremely difficult, if not impossible, for the largest U.N. agency in Gaza to continue operating.’

Lazzarini, flanked by the head of the U.N. children’s agency UNICEF and a senior U.N. humanitarian official, provided briefings to the Security Council, where the officials painted a dire picture of the humanitarian situation in Gaza after more than a million people have been displaced. The meeting comes 23 days after Hamas’ surprise Oct. 7 attacks in Israel that killed over 1,400 people.

According to Gaza’s Ministry of Health, which is run by Hamas, more than 8,300 civilians have been killed and tens of thousands have been injured since Israel launched retaliatory military action aimed at ‘obliterating’ Hamas.

UNICEF Executive Director Catherine Russell said the death toll includes more than 3,400 children, adding that over 6,300 have been injured.

‘This means that more than 420 children are being killed or injured in Gaza each day — a number which should shake each of us to our core,’ she said.

Lazzarini added: ‘This surpasses the number of children killed annually across the world’s conflict zones since 2019. This cannot be ‘collateral damage.’’

The council remains divided on the Israel-Hamas war

Many speakers at the council meeting denounced Hamas’ Oct. 7 surprise attacks on Israel and urged the release of some 230 hostages taken to Gaza by the militants.

But, virtually every speaker also said Israel was responsible under international humanitarian law to protect civilians and their essentials for life, including hospitals, schools and other infrastructure.

The U.S. tried to strike a balance between supporting Israel’s right to seek out and eliminate Hamas while observing and following international law to avoid civilian casualties.

U.S. Ambassador Linda Thomas-Greenfield said ‘the humanitarian crisis in Gaza is growing more dire by the day.’

She also said the council must call ‘for the immediate and unconditional release of all hostages, address the immense humanitarian needs of Palestinian civilians in Gaza, affirm Israel’s right to defend itself from terrorism, and remind all actors that international humanitarian law must be respected.’

‘That means Hamas must not use Palestinians as human shields – an act of unthinkable cruelty and a violation of the law of war,’ the U.S. ambassador added, ‘and that means Israel must take all possible precautions to avoid harm to civilians.’

US walking a line on Israel’s right to self-defense

Thomas-Greenfield also told the council that Israeli Prime Minister Benjamin Netanyahu on Sunday said ‘that while Israel has the right and responsibility to defend its citizens from terrorism, it must do so in a manner consistent with international humanitarian law.’

‘The fact that Hamas operates within and under the cover of civilian areas creates an added burden for Israel, but it does not lessen its responsibility to distinguish between terrorists and innocent civilians,’ she stressed.

Israel, however, pushed back on the council’s focus on Palestinian civilians and their refusal to condemn Hamas.

‘Why are the humanitarian needs of Gazans, the sole issue, the sole issue you are focused on?’ asked Israel’s U.N. Ambassador Gilad Erdan.

The ambassador then put a large six-pointed yellow Star of David reading ‘Never Again’ on his suit jacket, as did other Israeli diplomats sitting behind him, and said: ‘We walk with the yellow star as a symbol of pride, a reminder that we swore to fight back to defend ourselves. Never again is now.’

Riyad Mansour, the Palestinian U.N. ambassador, also urged the Security Council to follow the General Assembly, demanding ‘an end to this bloodshed, which constitutes an affront to humanity, war crimes, and crimes against humanity, and a clear and imminent danger for regional and international peace and security.’

The council meeting comes as Israel’s Netanyahu opposed a ceasefire.

‘Calls for a ceasefire are calls for Israel to surrender to Hamas, to surrender to terrorism, to surrender to barbarism. That will not happen,’ Netanyahu said on Monday.

He added: ‘Ladies and gentlemen, the Bible says that there is a time for peace and a time for war. This is a time for war. A war for our common future. Today we draw a line between the forces of civilization and the forces of barbarism. It is a time for everyone to decide where they stand. Israel will stand against the forces of barbarism until victory. I hope and pray that civilized nations everywhere will back this fight.’

The Associated Press contributed to this report.

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