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Russian President Vladimir Putin has vowed ‘problems’ for Finland after he says the Nordic country was ‘dragged into NATO’ amid the war in Ukraine.

‘Look, Finland was taken and dragged into NATO,’ Putin said in a new on-camera interview. ‘What did we have, some kind of dispute with Finland? All disputes, including those of a territorial nature in the middle of the 20th century, were all resolved a long time ago. We had the best, most heartfelt relations. Economically, everything was developing. Yes, in the timber industry, there were some problems linked to the necessity to develop timber processing within the country. But that was all. Just a small detail in reality.’

‘There weren’t any problems, but now there will be,’ he said, according to translated captions of the video interview. ‘Because we’ve now been forced to create a Leningrad military district and concentrate a certain number of military units there. Why do they need that? It’s just nonsense. The same goes for other countries, including NATO countries. With whom did we have problems? Nobody. They’re the ones who are artificially creating problems with us. Because they don’t want such a competitor in the form of Russia. That’s all there is to it.’ 

Meanwhile, dozens of migrants crossed into Finland on Friday, hours before the reclosure of two southern crossing points on the border with Russia as the Nordic country experiences an influx of asylum-seekers. The Vaalimaa and Niirala crossings had reopened briefly Thursday after being shut down at the end of last month, along with Finland’s six other posts on the border with Russia. 

Finland blames Moscow for sending migrants to the border in an effort to destabilize the country, which joined NATO in April. Russia denies the accusation.

At the end of November, Finnish Prime Minister Petteri Orpo’s government opted to close the entire 830-mile border for at least two weeks over concerns that Moscow was using migrants to destabilize Finland in an alleged act of ‘hybrid warfare.’

Finnish authorities say that nearly 1,000 migrants without proper visas or valid documentation had arrived at the border since August through the end of November, with more than 900 of them in November alone. The numbers are much higher than usual.

Finland accuses Russia of deliberately ushering migrants — most of whom are seeking asylum in Finland — to the border areas, which are normally heavily controlled on the Russian side by the Federal Security Service, or FSB. The Kremlin has denied that Russia is encouraging migrants to enter Finland and has said that it regrets the Finnish border closures.

Earlier in December, Finnish authorities said that the vast majority of the migrants who arrived in November hailed from three countries: Syria, Somalia and Yemen.

Finland, a nation of 5.6 million people, makes up a significant part of NATO’s northeastern flank and acts as the European Union’s external border in the north.

The Associated Press contributed to this report.

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Former President Donald Trump keeps gaining ground in the Republican presidential nomination contest, as fewer than one third of GOP primary voters now back all his rivals combined, according to the latest Fox News survey.

Trump’s support stands at 69% in the primary race. That’s up 7 points since November and fully 26 points since February.

Ron DeSantis receives 12% support (down 1 point since November), Nikki Haley gets 9% (-1), Vivek Ramaswamy 5% (-2), Chris Christie 2% (-1), and Asa Hutchinson 1% (steady).  

When asked their second choice, the top picks among Trump supporters are DeSantis 50%, Ramaswamy 20%, and Haley 14%.  

In hypothetical general election matchups against President Joe Biden, Haley is ahead by 6 points, while Trump is up by 4 (neither advantage is statistically significant). DeSantis and Biden tie. As recently as August, Biden was narrowly ahead of all three of them.

In the head-to-head against Haley, 83% of 2020 Biden voters stick with him, but 14% switch to her. In a matchup against Trump, just 5% of Biden’s 2020 voters defect.

‘Haley appears to have the broadest support of any Republican candidate and may be in the best position to take on Biden,’ says Republican Daron Shaw, who partners with Democrat Chris Anderson on the Fox News Poll. ‘But the simple fact is most Republicans currently prefer Trump, so the stakes in the early contests are high. She needs to beat DeSantis in Iowa and finish a strong second in New Hampshire to shake up the race.’

When third-party candidates are included, Trump’s edge over the president remains at 4 points, with Biden getting 37% to Trump’s 41%.  Robert F. Kennedy, Jr. gets 14%, Jill Stein 3%, and Cornel West 2%.  That’s mostly unchanged since last month.

Equal numbers of voters plan to participate in the Democratic and Republican primaries (4 in 10 each), and those saying they are extremely interested in the 2024 election are also balanced between the parties (6 in 10 each). 

A 54% majority of Democratic primary voters would like someone else as their party’s nominee, while 43% want to keep Biden.  

Among all voters, 41% have a favorable opinion of Biden as a person, while 58% percent view him unfavorably, putting him in negative territory by 17 points.  

Trump does better, yet he’s still underwater by 10 points (45%-55%). The ratings are worse for Christie (-29 points), Ramaswamy (-22), DeSantis (-19), and Haley (-13).  Plus, for Ramaswamy (32%) and Haley (23%) many voters are either unfamiliar with them or have no opinion. 

Trump is viewed positively by 85% of Republicans, far outdistancing DeSantis (66%), Haley (44%), Ramaswamy (37%), and Christie (27%).  For comparison, 79% of Democrats view Biden favorably.

Since September, Ramaswamy’s favorable rating is down 22 points among Republicans and 12 points among all voters (and his support in the primary has dropped by half).

Congressional Republicans voted Wednesday to open an impeachment inquiry into Biden (most survey interviews were completed before that vote). 

It’s too early to say whether that action will cause any shifts, but it seems doubtful. Voters remain divided: 49% think impeachment is a legitimate action on a serious matter vs. 48% saying it’s a bogus attempt to undermine Biden’s presidency, mostly unchanged since September.

The number of Democrats (80%) saying it’s bogus is matched by an equal share of Republicans (81%) who think it’s legitimate.

A majority of Republicans (67%) think Biden did something illegal related to his son Hunter’s business dealings, while over half of Democrats think the president didn’t do anything wrong (59%). Independents narrowly see the impeachment as legitimate and one third believe the president broke the law.

Overall, 38% of voters think the president did something illegal related to Hunter’s business, 27% say unethical, and 32% say nothing wrong. Those numbers have barely moved all year.

Two-thirds feel Hunter Biden is being treated fairly by the legal system (66%), including majorities of Democrats, Republicans, and independents.  

The president’s approval rating stands at 43%, up from a low of 40% last month. Biden is helped by higher-than-average approval among men and voters ages 65 and over. That appears to be driven by his handling of national security, where approval is up by 7 points among both groups.

Still, 57% disapprove of Biden’s overall job performance.  

Poll-pourri

Nearly one in five voters view both Biden and Trump negatively, and they prefer Biden in the head-to-head matchup by 8 points.  

Among 2020 Trump voters, most still support him in the GOP primary race (74%), but 12% now back DeSantis, 8% Haley, 4% Ramaswamy, and 1% Christie.

As Trump resurrects his pledge to repeal ObamaCare, a record 57% of voters have a positive view of the health care law, including over half of independents and a quarter of Republicans.

Most voters (73%), believe the U.S. president should ‘always’ follow the law. That’s more than three times as many as say the U.S. is so far off track that it needs a president who will ‘break some laws’ to set things right (22%). Twice as many 2024 Trump supporters (32%) as Biden supporters (14%) think the country needs a president who will break some laws.

At the same time, roughly equal numbers overall feel Trump (44%) and Biden (40%) pose a ‘major’ threat to Americans’ individual rights and freedoms.  

More Democrats see Biden as a major (11%) or minor (17%) threat, than Republicans who feel that way about Trump (6% major and 14% minor threat).

Eight in 10 Democrats think Trump is a ‘major’ threat, while 7 in 10 Republicans say the same of Biden. Among independents, about the same number see Biden (36%) and Trump (40%) as a ‘major’ threat to individual rights and freedoms.

‘It’s no surprise many are dreading a 2020 rematch,’ says Anderson.  ‘Not only do partisans strongly dislike the likely nominees of the other party, but they also think they are a major threat to their individual rights and freedoms.’

CLICK HERE FOR TOPLINE AND CROSSTABS

Conducted December 10-13, 2023, under the joint direction of Beacon Research (D) and Shaw & Company Research (R), this Fox News Poll includes interviews with 1,007 registered voters nationwide who were randomly selected from a voter file and spoke with live interviewers on both landlines and cellphones. The poll has a margin of sampling error of plus or minus 3 percentage points for all registered voters, and plus or minus 4.5 points for Democratic primary voters and 5 points for Republican primary voters.

Fox News’ Victoria Balara contributed to this report.

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As President Joe Biden and Congressional Republicans debate the spending package meant to provide aid to Israel and Ukraine, a new Fox News survey finds voters divided over what role the U.S. should play related to the wars in the two countries.

For Israel, 30% think the U.S. supports it too much, while 27% say it is not enough.  The largest number, 38%, say U.S. support is about right.

There is a 6-point increase since November in those saying the U.S. is not supportive enough and that’s driven entirely by Republicans (+11 points).

Overall, a majority of 61% supports the Israelis, yet that’s down from 66% in November and 68% in October, at the outset of the war.  

That decline in support can be mostly attributed to Democrats (-8 points), nonwhite voters (-8), and women (-6). Just under half of Democrats (48%) support the Israelis, while a third (33%) support the Palestinians.  Just over three-quarters (76%) of Republicans support Israelis.

Still, the decrease does not translate into support for the Palestinians, as the 23% who side more with them has held steady compared to a month ago. Instead, more are unsure (6%) or don’t back either side (10%). 

When it comes to Ukraine, 31% think the U.S. should be doing more to help in their war with Russia and 30% say the U.S. should be doing less.  Thirty-five percent believe the current level of support is right.

Since November, there has been a 10-point surge in those thinking the U.S. should be doing more to help President Zelenskyy’s country. Both Democrats (+13) and Republicans (+7) are more likely to think there should be additional help for Ukraine. 

Zelenskyy made a last-minute push Tuesday to convince Washington lawmakers to aid his embattled country. President Biden’s spending package that would send help to both Ukraine and Israel is stalled in Congress as Republicans seek to tie the funding to stronger border security policies. 

‘If this gambit by Republicans doesn’t work, Congress will be moving Ukraine funding into the same category as border security – something Americans want, but that Congress won’t deliver,’ says Democratic pollster Chris Anderson who conducts the Fox News Poll with Republican Daron Shaw.

Biden’s job rating on both conflicts is underwater.  Thirty-seven percent approve his handling of Russia’s invasion of Ukraine, while 59% disapprove, for a net negative rating of 22.  Biden is negative 27 points on the Israel-Hamas war (33% approve, 60% disapprove). And while he’s still underwater on national security by 11 points (43% approve, 54% disapprove), that makes it one of Biden’s better issues.

On Congress, 1 in 5 approve of the job it’s doing (19%) while three-quarters disapprove (77%), similar to findings from September. 

Despite the foreign conflicts in the headlines daily, just 3% of voters say foreign policy is the most important issue facing the country – landing it last in a list of 9 issues. The top concerns are the economy (35%) and immigration/border security (19%).

On Biden’s handling of relations with Iran, half feel it makes the U.S. less safe (50%). Another 1 in 10 say it makes the U.S. safer (12%), while a third says it doesn’t make a difference (34%).  

Republicans drive the unsafe number with 79% feeling that way.

‘It is unlikely that many Americans understand the particulars of Iran’s role in supporting Hamas and Hezbollah,’ says Shaw. ‘But there seems to be a sense among voters that U.S. efforts to bolster so-called moderates in Iran over the past decade have not worked.’

Nearly four years ago, 27% felt President Trump’s handling of relations with Iran made the U.S. safer while 48% said less safe.  Nineteen percent said it didn’t make a difference.

CLICK HERE FOR TOPLINE AND CROSSTABS

Conducted Dec. 10-13, 2023, under the joint direction of Beacon Research (D) and Shaw & Company Research (R), this Fox News Poll included interviews with 1,007 registered voters nationwide who were randomly selected from a voter file and spoke with live interviewers on both landlines and cellphones. The total sample has a margin of sampling error of plus or minus three percentage points.

This post appeared first on FOX NEWS

JERUSALEM – Yahya Sinwar, Hamas’ top leader in Gaza, his younger brother, Muhammed, and two other senior military commanders of the Iranian-backed Islamist terror group – Rafa’a Salameh and Mohammad Deif – are considered to be the worst killers from the southern Gazan city of Khan Younis. 

All are now the most wanted terrorists by Israel.

As the IDF gears up for what could be its fiercest battle yet against Hamas, the army dropped leaflets over Gaza’s second most populous city on Thursday, calling on residents of the Hamas stronghold to share any information about the whereabouts of the four men and offering a substantial financial reward – some $1 million in total – for anyone brave enough to come forward.

All four terrorists were born and raised in Khan Younis, a city about two miles east of the Mediterranean Sea, and Sinwar, who already has the nickname ‘the Butcher of Khan Younis,’ for his violent and cruel torture methods against his enemies, both Israeli and Palestinian, is widely seen as the mastermind of the massacre of Israeli civilians carried out by thousands of Hamas terrorists on Oct. 7, sparking the current war. 

Israeli political and military leaders have referred to Sinwar as a ‘dead man walking.’

So, who are the four men Israel is willing to dole out a million dollars for?

Wanted: Yahya Sinwar

Position: Hamas leader in Gaza 

Bounty: $400,000

Recently described as ‘a dead man walking,’ Yahya Sinwar, who turned 61 at the end of October, was born in the Khan Younis refugee camp when the region was part of Egypt. According to multiple sources, he has always been a militant activist and joined Hamas not long after its founding in 1987. Two years later, he was arrested by Israel for his involvement in the abduction and killing of two Israelis, as well as the torturing and murder of four Palestinians he considered to be collaborators. He was sentenced to life in prison and ended up serving 22 years in an Israeli jail until his release in 2011 as part of a prisoner exchange for the abducted Israeli soldier Gilad Shalit.

During his time in jail, Sinwar became a prominent and influential figure among the other Hamas prisoners and learned to speak fluent Hebrew. He has a deep understanding of Israeli society, those who have met and studied him say, pointing out that he is both charismatic and extreme, with strong ideological and religious beliefs. He is not afraid to die or sacrifice himself for the Palestinian cause and truly believes that he can lead the Palestinian people to destroy Israel. 

Wanted: Mohammad Sinwar

Position: Commander of Hamas’ Southern Brigade

Bounty: $300,000 

Mohammad Sinwar, Yahya’s younger brother by a few years, joined Hamas’ military wing in the early 1990s and also spent a few years imprisoned for terrorist activities. Upon his release, the younger Sinwar upped his militaristic activities with Hamas, taking part in several deadly terror attacks against Israel in the mid-1990s before becoming commander of the terror group’s Khan Younis Brigade in 2005. 

In 2006, according to reports, Mohammed Sinwar was involved in a deadly attack against Israeli soldiers on Israel’s border that resulted in the kidnapping of IDF soldier Gilad Shalit. He was then part of the secretive Hamas cell that held Shalit captive in Gaza for more than five years. 

While the younger Sinwar is considered to be of lower rank than his leader brother, the two are very close, according to experts. ‘He is involved in decision-making and was very involved in planning the Oct. 7 attack with him,’ Michael Milshtein, head of the Palestinian Studies Forum at the Dayan Center at Tel Aviv University, told Fox News Digital. 

Wanted: Rafa’a Salameh

Position: Commander of Khan Younis Battalion 

Bounty: $200,000 

Currently, the commander of the Hamas battalion where most of Israel’s fighting is now focused, Milshtein said Rafa’a Salameh was not generally considered a prominent figure and was most likely to have been included on the list because, like the others, he was born and raised in Khan Younis. Milshtein also said putting him in Israeli military crosshairs serves to weaken the enemy. 

‘When all the efforts are focused on Khan Younis and you want to make the enemy weaker, then you put him on the list, that is why he is one of the four,’ he said. 

Wanted: Mohammad Deif
Position: Commander of Hamas military wing 

Bounty: $100,000 

Notably, Mohammad Deif, long considered to be enemy number one for Israel and considered as senior in Hamas as Yahya Sinwar, has a lower bounty than the other three. 

As the top commander of Hamas’ military wing, the Izzedine al-Qassam Brigades, Deif, 58, is also thought to have been involved in planning the brutal Oct. 7 attacks. A master bombmaker, Deif played an instrumental role in developing Hamas’ military capabilities, Israeli military and intelligence officials have said, including building up its rocket arsenal and attack strategy, as well as helping to design the subterranean tunnel system, which snakes for miles below the coastal enclave and which Israel is now trying to eradicate. 

A former actor, Deif, is a master of disguise and has long eluded the Israelis, even surviving several assassination attempts. It is believed that Deif, who is sometimes referred to as ‘the cat with nine lives,’ has been confined to a wheelchair since an Israeli attack in 2006 during which he also lost an eye and an arm. However, Israel’s arch-enemy keeps a very low profile, rarely making public appearances – the last known photo of him is at least three decades ago.

Milshtein, who has studied Hamas’ most elusive warrior for years, told Fox that he is ‘far more important than Salameh, of course, but someone in Israel tried to make him angry or make a joke out of him by making him worth less.’ 

In the deck of playing cards, Deif, shown as a one-armed mannequin, is king. 

‘It’s unlikely anyone will call the number on that flyer,’ Milshtein told Fox News Digital. 

‘There is a beehive surrounding Sinwar and he is very confident about his position in Gaza and inside Hamas,’ said Milshtein, who previously headed the department for Palestinian affairs in the IDF’s military intelligence unit. ‘I would be very surprised if anyone would betray him or give Israel any important information about his location.’ 

Israeli forces have been engaged in operations in Khan Younis since early December, when a week-long cease-fire with Hamas ended. On Dec. 6, Israeli Prime Minister Benjamin Netanyahu announced that Israeli forces had reached and encircled Sinwar’s home, although Israel’s most wanted terrorist was obviously not home.

‘His home is not his castle, and he can flee, but it is only a matter of time until we find him,’ Netanyahu said in a brief statement. 

As well as Sinwar, Israel has said it will seek out and assassinate other members of Hamas’ political and military leadership wherever they are in the world. Last week, IDF soldiers fighting in Gaza were given packs of playing cards, similar to those created for U.S. troops during the Iraq war, depicting the most wanted Hamas terrorists. 

Yahya Sinwar, shown as a rat hiding in a tunnel, is the ace card. 

Despite making clear that these brutal killers are in Israel’s sights, after more than 70 days of fighting – and an estimated 7,000 dead terrorists and thousands more captured – only a handful of Hamas’ top tier have been taken out.

Among the top figures killed in fighting so far is Rawhi Mushtaha, a political and strategic leader, considered to be Sinwar’s ‘twin’ and the man said to be most knowledgeable about the Palestinian prisoners Hamas is hoping to exchange for more than 120 Israeli hostages, including women and children, that it brutally kidnapped on Oct. 7 and still holds. 

In addition, the IDF and Israel’s internal security agency, Shin Bet, on Dec. 5 said several senior Hamas operatives from the military brigades of northern Gaza had been eliminated, including Ahmed Al-Ghandoor. According to the information shared, Al-Ghandoor was part of the military wing’s inner circle and had been responsible for directing and managing all the group’s terror operations in Northern Gaza.

Another senior member of the Islamist organization’s general military council to be eliminated was Ayman Noufal, who was head of Hamas’ central command. Noufal was killed by an Israeli airstrike early on in the war, Hamas confirmed in a statement. 

Jonathan Schanzer, the senior vice president for research at the Foundation for Defense of Democracies in Washington, told Fox News Digital that the ‘most wanted’ leaflets dropped by the IDF over Khan Younis were symbolic of what will likely be one of the ‘toughest battles for Israel in this war.’ 

‘Hamas used the cease-fire to prepare for this battle,’ he said, adding that Sinwar and the others identified as top tier by Israel hail from the place that ‘could soon be described as Hamas’ last stand.’

‘Israel has other top targets in its sights but the killing or capture of these men might signal a psychological win for the Israelis and even a defeat for the Iran-backed group in Gaza,’ Schanzer said.’I don’t believe Gazans will turn them over, but these men have to be feeling the heat even more right now, with their names plastered all over war-torn Gaza.’

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Yogi Berra once said: “It was impossible to get a conversation going, everybody was talking too much.”

It’s easy to lose one’s focus when everyone is talking, especially after big moves in the markets and the uncertainty they often create. But, instead of getting rattled, it’s important to focus on a simple principle: value never goes out of style. So, while some may fret about the present and forecast the future, wise investors seek out those areas of the markets which are likely to be the next leaders and trade accordingly.

Value Never Goes Out of Style

After the Fed’s recent bullish reversal on interest rates, bonds and stocks rallied dramatically. Both markets have come a long way in a short period of time and need a break. Thus, as many investors worry about the future, the patient ones who identify those sectors of the market where value is building, as I describe below, are likely to eventually be rewarded.

Fed Chairman Powell, during his post-FOMC meeting press conference in 12/13, noted that rate hikes have paused and further hinted that the central bank is now “talking” about rate cuts. Both bonds and stocks erupted in gleeful accelerations of their recent rally. But, by 12/15, New York Fed President Williams said the Fed isn’t really talking about rate cuts. His remarks lead to a reversal of the pre-market futures, which spread into a much calmer trading day.

Stay Calm

This public disagreement between two big guys at the Fed is par for the course. Most likely, the huge move in the markets spooked the central bank, which is desperately trying to engineer a soft landing – where the economy slows enough to quell inflation without a recession.

Soft landings are rare. In the past fifty years, the Fed has only pulled off one – think Alan Greenspan in 1994.

The bottom line is that the markets are trying to sort out what to do next and what the most recent actions from the Fed mean, which suggests that, after the huge rally in stocks and bonds, trading is likely to get choppy. The upside is that, as I described in my latest Your Daily Five video, choppy markets are ripe for bargain hunters and value players.

So, while we wait for the next big move, here are four simple steps to take:

Stick with what’s working – if a position is holding up, keep it;Take profits in overextended sectors;Consider some short term hedges; andLook for value in out-of-favor areas of the market that are showing signs of life.

Bond Yields Crashed, Taking Mortgages Below 7%

The U.S. Ten Year Note yield (TNX) crashed on the bullish news from the Fed and ended last week below the key 4% area, which I’ve noted as being a crucial support level. The long-term implications of this are generally bullish, but investors should review the response to the fall in yields in each individual sector of the market, and in positions in their portfolio, before making decisions.

For example, the Fed’s actions were initially bullish for the homebuilder sector (SPHB), which rocketed to a new high on the news. But the homebuilders have come quite far in a short period of time since I recommended them back in late September, so they are well due for a consolidation. On the other hand, given the break in mortgage rates below 7%, the odds of more-than-moderate pullback in homebuilder stocks is low, until proven otherwise. Meanwhile, a test of the 6.8% level for the average mortgage is looming.

REITs, like homebuilders have rallied recently. The iShares Residential Real Estate Capped ETF (REZ) may have formed a short-term top, as investors worry about a reduction in renters, as lower mortgage rates influence potential renters to buy homes. Still, until proven otherwise, the supply and demand scenario remains in favor of homebuilders and specialists in residential rentals who can deliver the best product for the best price to potential renters and homebuyers.

For the big picture on homebuilder and real estate stocks, click here.

Stay Patient, Look for Value

Last week in this space, I noted that because of the Fed’s meeting and the release of inflation data on the same week it made sense “to review portfolios carefully, to consider taking some profits and to game out some potential ways to hedge,” while adding that the Nasdaq 100 Index (NDX) was forecasting a large and potentially bullish move soon.”

Let’s catch up. The Invesco QQQ Trust (QQQ) has been a money magnet since the October bottom. Yet its rate of rise has slowed since the Fed’s pivot. Much of it has to do with the consolidation in Microsoft (MSFT), whose shares are under selling pressure, as you can see by the rolling over in its OBV line and the stock’s break below its 20-day moving average. But don’t count the surprisingly diversified QQQ out just yet. Both the ADI and OBV line are rising as money is still moving in.

Microsoft’s short-term stall suggests that investors are looking elsewhere and that money is once again rotating away from the AI vibe. Yet QQQ’s rising ADI and OBV line indicate money is rotating to other areas. Surprisingly, building material and metal stocks are still acting well, as the market is considering another up leg in infrastructure projects.

You can see positive money flows and the relative strength in the Materials Select Sector SPDR Fund (XLB). Note the bullish rise in Accumulation/Distribution (ADI) and On Balance Volume (OBV) for XLB, especially in comparison to Microsoft, where both have rolled over as short sellers build positions (ADI) and sellers are starting to overwhelm buyers (OBV).

Look at global shipping. Due to the situation in the Middle East and the severe drought affecting the Panama Canal, this area of the market is offering patient, value-oriented investors an opportunity. The action in the little-known and thinly-traded Global Sea to Sky Cargo ETF (SEA) suggests that stealth money is building a home in the sector. Both ADI and OBV are turning up here.

I recently recommended a shipping stock which is showing excellent characteristics. You can check it out with a FREE two week trial to my service here.

Market Breadth Retains Upward Bias 

The NYSE Advance Decline line (NYAD) is both overbought and in a bullish trend, trading above its 50- and 200-day moving averages. The recent rally is likely to trigger some sideways movement here. A move back to the 20-day moving average is not out of the question.

The Nasdaq 100 Index (NDX) is above 16,000 as the Fed’s bullish talk squeezed short sellers. NDX is now trading outside its upper Bollinger Band, suggesting that a short term correction or consolidation is near. Both ADI and OBV are rising, so the overbought condition could increase before any consolidation.

The S&P 500 (SPX) rallied above 4600 thanks to the Fed. RSI is well above 70. A consolidation and perhaps a move back to the 20-day moving average should be expected.

VIX Remains Below 20

The CBOE Volatility Index (VIX) is 20, a bullish posture for stocks. If VIX remains subdued, more upside is possible.

A rising VIX means traders are buying large volumes of put options. Rising put option volume from leads market makers to sell stock index futures, hedging their risk. A fall in VIX is bullish, as it means less put option buying, and it eventually leads to call buying. This causes market makers to hedge by buying stock index futures, raising the odds of higher stock prices.

To get the latest information on options trading, check out Options Trading for Dummies, now in its 4th Edition—Get Your Copy Now! Now also available in Audible audiobook format!

#1 New Release on Options Trading!

Good news! I’ve made my NYAD-Complexity – Chaos chart (featured on my YD5 videos) and a few other favorites public. You can find them here.

Joe Duarte

In The Money Options

Joe Duarte is a former money manager, an active trader, and a widely recognized independent stock market analyst since 1987. He is author of eight investment books, including the best-selling Trading Options for Dummies, rated a TOP Options Book for 2018 by Benzinga.com and now in its third edition, plus The Everything Investing in Your 20s and 30s Book and six other trading books.

The Everything Investing in Your 20s and 30s Book is available at Amazon and Barnes and Noble. It has also been recommended as a Washington Post Color of Money Book of the Month.

To receive Joe’s exclusive stock, option and ETF recommendations, in your mailbox every week visit https://joeduarteinthemoneyoptions.com/secure/order_email.asp.

Something strange

Or at least unusual is going on.

On the Relative Rotation Graph above the tails for the DJ US Value index and DJ US Growth index are plotted against the DJ US index. Usually, we see very gradual rotation in opposite directions which helps us to understand and track the direction of money moving from growth to value and vice versa.

Until a week or so ago the tails in the RRG above were very clearly and very gradually moving in opposite directions. And then all of a sudden there was this almost vertical hook almost 1-1 tracing back on the previous part of the tail.

When zooming in on that move by switching to a daily RRG we see that there was an actual clockwise rotation (there always is) but it only becomes visible on a more granular chart because it was so swift. These larger rotations, and by large I mean at a higher level like asset classes, style, macro rotations, etc. usually take their time to move through their cycles. Not this time…

Mag7 Pullback does not take market lower.

We have all heard and/or witnessed the abrupt stalling of the Mag7 stocks, even leading to a day where all Mag7 stocks were down for the day but the market ($NDX) ended the day in positive territory. Interesting situation! It means that the money coming out of the Mag7 stocks was not pulled from the market. If that were the case the market in general would have down also. But rather has been redistributed to other, lower-tier, stocks in the market. Money has been rotating away from the Mag7 into other stocks in the same sectors/segments.

The RRG that shows the rotation for the Large- / Mid- / and Small-Cap segments perfectly visualizes that rotation. Large caps ($DJUSL) are moving from leading into weakening and traveling at a negative RRG-Heading. Mid-caps ($DJUSM) inside improving, and Small-caps ($DJUSS) inside lagging, have turned their tails into a positive RRG-Heading and they are accelerating which can be observed by looking at the RRG-velocity, the distance between the nodes on the tails.

So far this is not a strange rotation but when combined with the Style hooks in the RRG above it is “unusual”.

Size Rotation is Overpowering Style.

What’s happening under the hood, becomes clear when we bring up the RRG that breaks down the style indices into their different size buckets.

On the RRG above pay attention to the DJ Value Large and DJ Growth Large indices (pointing arrows). They are BOTH moving at a negative RRG-heading.

But also look at the $DJUSGS and $DJUSVS inside the lagging quadrant. Small-cap value and small-cap growth are BOTH moving higher. Same for Mid-cap value and mid-cap growth inside the improving quadrant. BOTH moving up and at a positive RRG-heading.

So Value and growth stocks are moving in the same direction regardless of their market capitalization while the market ($DJUS, $SPX, $NDX, etc) is continuing to move higher.

The conclusion therefore has to be that money is currently rotating out of large-cap stocks into small- and mid-caps, and it is doing that regardless of style (value growth).

While the markets are still edging higher it additionally means that the participation in the uptrend is broadening which is a good thing.

I doubt whether we will be able to keep up the current pace and we may be facing some setbacks but the longer-term trend in the market remains up with a foundation that is getting stronger.

Happy Holidays and a prosperous start to the new year from downtown Seattle. –Julius

The day after Jake Paul knocked out Andre August in the first round Friday night, August’s trainer said it could be the last time the boxer fights.

“I think my boy’s going to retire,’ trainer Justin Deshone told USA TODAY Sports on Saturday. “I don’t think he wants to fight anymore.’

August, 35, was 10-1-1 entering his cruiserweight fight with Paul in Orlando, Florida, and had planned to fight again, according to Deshone. But that changed after Paul knocked out August at 2:32 of the first round with a devastating right uppercut.

Not long after the fight, Deshone said, August talked about his plans as a pro boxer.

“It was like, ‘This is it, bro,’ ‘ Deshone said.

The knockout isn’t the only thing that prompted talk of retirement, according to Deshone, who pointed out that August is the father of two young children.

“I think it’s moreso his kids,’’ Deshone said. “He’s become more of a family man.’

Deshone said August was “good and healthy’ after the fight but is not granting interviews.

Paul, 26, improved to 8-1 (with five knockouts). He said he plans to make an announcement about his fight plans.

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The NFL’s playoff picture is largely unresolved entering Week 15, with the San Francisco 49ers standing alone as the only team to clinch a postseason berth. Nowhere is the outlook murkier, though, than the race for the AFC wild-card berths.

While the Cleveland Browns are one game ahead of the competition for the first wild-card spot, there are six teams – the Pittsburgh Steelers, Indianapolis Colts, Houston Texans, Denver Broncos, Cincinnati Bengals and Buffalo Bills – all standing at 7-6. This weekend could help provide some separation, with the Steelers and Colts squaring off against one another Saturday.

With that in mind, we asked USA TODAY Sports NFL reporters and editors: Which two teams will emerge from the six-team logjam in the AFC to claim wild-card berths?

Their answers:

Broncos and Bills

I’m gonna ride with experience here. The Denver Broncos have won six of seven with opportunistic and suffocating defense, while QB Russell Wilson has triggered an efficient offense that’s been getting big plays when needed. And with battle-tested HC Sean Payton finally seeming settled in his new surroundings, a big finish could be in play for a club that will see the Patriots, Raiders and Chargers down the stretch. And then there are the Buffalo Bills. They have the best offensive player – QB Josh Allen – among this cluster of teams and, arguably, in the entire league. He’s accounted for a league-best 35 touchdowns, and this offense has taken a step up in class on the watch of new coordinator Joe Brady. If a decimated defense can hold up sufficiently to maybe even enable this team to take out the Cowboys at home Sunday, it’s even well within the bounds of reality that Buffalo could retain its AFC East crown.

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– Nate Davis

Mea culpa, mea culpa. Earlier this season, I buried the Broncos, as their 1-5 start compelled me to believe that the Russell Wilson-Sean Payton marriage would never work. Turns out, they just needed some time to familiarize themselves with one another and create a path that led to victories in six of their last seven games. Following a Saturday night matchup against the Detroit Lions this week, the finish the season with three games against three backups, hosting the New England Patriots and Los Angeles Chargers before the season finale at Las Vegas.

As for the Bills, this is a prime example of peaking when it matters most. They gave the Eagles their best shot and took down the Chiefs. Josh Allen is in full “put the team on my back” mode, and Buffalo may very well have its sight set on another AFC East crown rather than a Wild Card berth.

Mainly, however, the Bills and Broncos have their starting quarterbacks, who have displayed MVP-caliber qualities at various points in their careers, healthy. Aside from C.J. Stroud, in concussion protocol this week, the rest of the logjam has backups taking snaps.

– Chris Bumbaca

Broncos and Steelers

Of course, you can ask me again next week. Yet I’m feeling the flow of Sean Payton’s team and its ability to grow through such a shaky beginning to this season. This is not September’s Denver — and shoot, the Broncos might even beat the Jets about now — as the defense has been repaired and Courtland Sutton keeps making amazing catches. I’m thinking the schedule is favorable enough that the Broncos get to 10 wins. At least. As for the Steelers, it’s going to take an ‘Immaculate Recovery’ — and I’m not just talking about Kenny Pickett’s ankle as they’ve squandered the chance to control their own destiny. Pittsburgh needs a serious spark from its defense as the ticket. And they  would be helped tremendously if the Ravens have locked down the No. 1 seed by the time they see them in Week 18. But then again, everybody will need some help from somewhere. Can you say logjam of 9-8 teams? I see the ‘NFL tiebreaker formula’ as a trending thing.

– Jarrett Bell

Bills and Texans

The Bills and Texans will emerge and claim the AFC’s final two wild card-spots, joining the Browns as the conference’s three wild-card teams. Buffalo’s emotional win over the Chiefs will propel them going forward. I think Buffalo has a really good chance of beating the Cowboys and finishing the regular season on a five-game winning streak. The Cowboys and Dolphins are the only two teams remaining on Buffalo’s schedule above .500. The Texans are in more of a precarious position because C.J. Stroud is in concussion protocol and Will Anderson is nursing a high-ankle sprain. But Stroud and Anderson’s injuries aren’t believed to keep them out multiple games. NFL coach of the year favorite DeMeco Ryans is going to have his team prepared to close out the season strong versus the Titans, and possibly a win-and-get-in game against the Colts in Week 18.

– Tyler Dragon

Yes, Buffalo is currently back in the pack when it comes to tiebreakers, and Josh Allen and Co. still have to square off against the Dallas Cowboys and the Miami Dolphins in the final four weeks. Still, there’s ample reason to believe in a team that just triumphed at Arrowhead Stadium and nearly took down the Eagles on the road as well. If running back James Cook and a surging defense can continue to give Allen the support he needs, the postseason should be within reach. The Texans, meanwhile, have an iffier outlook as they come off a 30-6 loss to the New York Jets with C.J. Stroud in the concussion protocol. But the schedule sets up favorably for Houston, with two matchups against the Tennessee Titans sandwiching a home game against the Cleveland Browns before a season-ending tilt against the Colts. Nabbing three wins should be enough to propel the Texans to their first playoff appearance since 2019.

– Michael Middlehurst-Schwartz

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College football bowl season kicked off with a full slate of games Saturday. One of the newer bowls of the day, the LA Bowl, features the UCLA Bruins taking on the Boise State Broncos at SoFi Stadium in Los Angeles.

Former NFL All-Pro tight end Rob Gronkowski took over as host of the game for 2023. The FOX football analyst previously was a guest host for New Year’s Eve in Times Square and signed a multi-year deal to host the game. The former Patriot and Buccaneer takes over for late-night talk show host Jimmy Kimmel, who hosted the game in 2021 and 2022.

As part of his hosting duties, Gronkowski announced he’d be singing the national anthem at the LA Bowl. And before Saturday’s 7:30 p.m. ET kickoff, Gronkowski didn’t disappoint.

Fans took notice of Gronkowski’s anthem appearance on X, formerly known as Twitter.

Who did Gronk sing the anthem with?

Gronk appeared on Season 3 of The Masked Singer during his first retirement. His dance moves inspired confidence during his playing career but that episode revealed his vocals aren’t the caliber of a typical national anthem singer.

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Luckily, he had good backup Saturday evening. The New Directions Veterans Choir sang with him to help. The choir first gained notoriety from NBC’s ‘America’s Got Talent’ and is comprised primarily of United States Military veterans.

What else is happening at the LA Bowl?

Besides a matchup between the local Bruins and the Mountain West Conference champion Broncos, there is a Gronk-related promotion at the game. A signature drink – the Gronk Cooler – is available to spectators at SoFi Stadium. His family’s business Gronk Fitness and Ice Shaker partnered with the game for promotional exposure as well.

The LA Bowl is the penultimate bowl game of Saturday’s action. You can follow the action here and the Independence Bowl rounds out Saturday’s action with kickoff at 9:15 p.m. ET on ESPN.

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INDIANAPOLIS — The Colts keep getting bruised, battered, taking injuries to their best offensive players, hits that should put their playoff hopes on life support.

But this team keeps finding answers, a lot of the time from unlikely places.

Forced to overcome a two-score deficit after losing its top receiver and rusher to dirty hits, Indianapolis came roaring back behind a trio of unheralded playmakers to blow out Pittsburgh 30-13 on Saturday night, simultaneously keeping themselves in playoff position and dealing a heavy blow to a Steelers team that entered Lucas Oil Stadium with the same record as the Colts. It ended Indianapolis’ eight-game losing streak to Pittsburgh.

Indianapolis (8-6) remains in control of its playoff hopes after battling back to beat Pittsburgh (7-7) in a game both teams had to have, given the glut of AFC teams in the race.

1. Unlikely heroes step up after dirty Steelers plays knock out Indianapolis stars

Already facing a 13-0 hole, Zack Moss gave the Colts a chance when he took a short flip from Gardner Minshew and ran 16 yards into the end zone, only to suffer an arm injury when Pittsburgh linebacker Mykal Walker pulled him down with a horse-collar tackle, an illegal play given the risk of injury.

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Two Indianapolis offensive plays later, the Colts lost their leading receiver Michael Pittman Jr. — who already had four catches for 78 yards, including a critical 42-yard pickup on a key third down to set up the Moss touchdown — when Pittsburgh safety Damontae Kazee hit a diving Pittman in the head, knocking the wide receiver out of the game with a concussion and earning Kazee an ejection.

The Colts appeared to have precious few answers for the loss of Pittman, their leading receiver with 99 catches for 1,062 yards this season, and their leading rusher, Moss, who had carried most of the load due to Jonathan Taylor missing six games due to injury.

A trio of unlikely heroes stepped forward.

Well-traveled wide receiver D.J. Montgomery, who had just three career catches coming into the game, initially struggled, dropping an easy touchdown catch from Minshew on fourth down to end a promising Indianapolis series.

Montgomery made up for it on the next drive, a series that looked like it had little chance to score a touchdown with just 54 seconds left. Montgomery got things started with a 34-yard catch, then scored a 14-yard touchdown to take a 14-13 lead just before the first half.

Indianapolis pushed the lead out to 21-13 on an 18-yard touchdown pass to Mo Alie-Cox after the half.

And then the two little-known backs took over. Tyler Goodson, a practice squad back who was elevated for this game, picked up 69 yards on 11 carries, including a 31-yard burst, and then former third-round pick Trey Sermon salted things away with 88 yards on 17 carries.

2. Indianapolis defense bounces back from rough start

A Colts defense that was battered by Cincinnati’s offense initially struggled, allowing Pittsburgh backup Mitch Trubisky to complete six of his first seven passes, then allowing two touchdowns in quick succession, although one of the scores came on a short field.

But that was just about all the Steelers were going to get on Saturday night.

Pittsburgh never scored again.

The Steelers one-two punch of Najee Harris and Jaylen Warren combined for just 60 yards on 20 carries, Trubisky threw for just 169 yards and the Colts defense started making plays.

Second-year safety Nick Cross made the first. Unable to get on the field defensively for the first half of the season, Cross outleaped Pittsburgh star George Pickens for an interception to stop a promising drive.

Linebacker E.J. Speed made the second. With the Steelers backed up deep in their own territory, Speed forced a Harris fumble, and strong safety Julian Blackmon recovered it before it went out of bounds to end a Pittsburgh drive, setting up the Alie-Cox touchdown.

Blackmon struck again to seal it, picking off Trubisky in the fourth quarter to end any realistic hopes of a Steelers comeback.

3. Colts special teams continue to struggle

Indianapolis kicker Matt Gay is suddenly in a rut.

Coming off two missed kicks against the Bengals, Gay — who signed the second-biggest contract for a kicker in NFL history this offseason — missed twice against Pittsburgh on Saturday night, the first from 56 yards, the second from 43 yards at the end of the game.

He wasn’t the only problem.

Indianapolis also gave up a blocked punt, Steelers defensive tackle Cameron Heyward taking the ball off Rigoberto Sanchez’s foot and sent back to the 1-yard line to set up Pittsburgh’s second touchdown.

The Colts also struggled to cover kicks, allowing Godwin Igwebuike to return two kicks for 32.5 yards, including 34 yards on a kickoff when Indianapolis had the advantage of kicking off from midfield.

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