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House Republicans are pressing the National Institutes of Health (NIH) for answers after the agency funded research experiments they say could result in a ‘supercharged’ monkeypox virus. 

In a letter to acting NIH Director Lawrence Tabak, House Energy and Commerce Committee Chair Cathy McMorris Rodgers, R-Wash., and two subcommittee chairmen are demanding that the agency turn over documents and information regarding a government-funded experiment that reportedly involves swapping monkepox genes with a deadlier version of the virus. The lawmakers want to know whether this project was approved by the Department of Health and Human Services (HHS) review board tasked with oversight of research involving enhanced pathogens that could potentially cause a pandemic. 

This letter is a follow-up to an October 31, 2022, letter to which Republicans say the NIH never responded. GOP lawmakers accused NIH of ‘stonewalling’ in a press release. 

‘Based on the available information, it appears the project is reasonably anticipated to yield a lab-generated monkeypox virus that is 1,000 times more lethal in mice than the monkeypox virus currently circulating in humans and that transmits as efficiently as the monkeypox virus currently circulating in humans. The risk-benefit ratio indicates potentially serious risks without clear civilian practical applications,’ the Republicans wrote. 

‘Accordingly, this experiment would seem to involve risks reasonably anticipated to create, transfer, or use [potential pandemic pathogens] resulting from the enhancement of a pathogen’s transmissibility or virulence in humans. Thus, under the circumstances, we are interested in learning whether this experiment was reviewed under the HHS P3CO framework used to review research proposals posing significant biosafety or biosecurity risks.’ 

The project leader is Dr. Bernard Moss, a veteran poxvirus researcher at the U.S. National Institute of Allergy and Infectious Diseases. An article in Science magazine described his efforts to learn the differences between two variants of monkeypox virus: clade 2, the West African variant that caused a global outbreak last year, and clade 1, which is believed to be deadlier and has caused outbreaks in the Democratic Republic of Congo for decades. 

Moss’ research involves swapping the genes of the two variants, one at a time, to discover whether a specific gene in the clade 1 virus makes it deadlier. The Republicans want to know whether these lab experiments could artificially enhance the clade 2 variant. 

Such research, known as ‘gain-of-function,’ is highly controversial, because it involves extracting viruses from animals to artificially engineer in a laboratory to make them more transmissible and deadly to humans. Proponents say these experiments can help scientists understand the nature of viruses and develop new treatments and vaccines. Skeptics warn that gain-of-function experiments are one lab accident away from causing another global pandemic. 

Moss did not immediately respond to a request for comment. 

‘Human disease associated with clade 2 or West African monkeypox virus infection is less severe and is associated with less than one percent mortality, whereas clade 1 or Congo Basin monkeypox infection has a 10 percent case fatality rate in unvaccinated persons,’ the Republicans wrote. ‘Because of its significantly greater lethality, clade 1 or Congo Basin clade monkeypox viruses are regulated as select agents by the Federal Select Agents Program. Entities that possess, use, or transfer this agent must comply with the HHS Select Agent and Toxin Regulations unless there is an applicable exemption or exclusion. 

‘Thus,’ the letter continues, ‘under these regulations, it would appear the clade 1 monkeypox virus experiment is a restricted experiment that must be reviewed by the Federal Select Agent Program, and may be further reviewed by the Centers for Disease Control and Prevention‘s (CDC’s) Intragovernmental Select Agents and Toxins Technical Advisory Committee (ISATTAC).’ 

The Republicans want NIH officials and employees to testify about Moss’ project and other related matters. They gave NIH an April 13, 2023, deadline to respond to their inquiry. 

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Florida Gov. Ron DeSantis took multiple jabs at President Biden on Saturday during a stump speech in Pennsylvania.

DeSantis, speaking at the Pennsylvania Leadership Conference 2023, called Biden a ‘floundering leader’ and said the president’s poor performance contributed to Republican gains. 

‘We are in the highest percentage of the vote that any Republican candidate for governor has ever received in the history of the state of Florida,’ DeSantis told the audience. ‘We were able to flip Democrat counties or urban counties like Miami-Dade County. And not only did we flip it, we won it by double digits.’

‘It’s been a massive defeat for the Democratic Party,’ the Florida governor said. ‘They did not want to see Florida go red. They threw everything but the kitchen sink to stop us. And yet, we have left the Democratic Party for dead in the state of Florida.’

The Florida governor has been walking a political tightrope for months as he refuses to officially declare his candidacy for the 2024 Republican presidential nomination.

At the same time, he has butted heads with both the Biden administration and former President Donald Trump’s campaign — both of whom view him as a rival for the presidency.

In speeches this year, the governor has pitched his numerous conservative policy victories in Florida as a roadmap for the entire nation. 

Sources in DeSantis’ wider orbit have said that any presidential campaign launch would come in the late spring or early summer, after the end of Florida’s current legislative session. 

However, the governor’s recent stops in the early-voting states of Iowa and Nevada and a trip next month to New Hampshire are sparking more 2024 speculation.

DeSantis said earlier this week that his state ‘will not assist’ in any extradition request by Manhattan District Attorney Alvin Bragg amid what he called ‘questionable circumstances’ while slamming the charges against Trump as ‘un-American’ and a ‘weaponization of the legal system to advance a political agenda.’ 

The former president and 2024 Republican presidential candidate was indicted by a Manhattan grand jury on Thursday after a years-long investigation by the Manhattan District Attorney’s Office.

Fox News’ Paul Steinhauser contributed to this report.

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President Biden on Saturday visited the campus of the University of Pennsylvania for the first time since a controversy over the discovery of classified documents at the Penn Biden Center in Washington D.C.

Biden and first lady Jill Biden stopped by the university to visit Maisy Biden’s senior art show at a university gallery. It marks the first time Biden has visited the campus since the emergence in November of documents with classified markings at the Penn Biden Center for Diplomacy and Global Engagement in Washington, D.C.

Those documents were said to be from the Obama-Biden administration and were discovered ‘unexpectedly’ by Biden’s personal attorneys. The emergence of the documents was followed by assessments by the FBI and Department of Justice.

In January, the Department of Justice announced it was investigating the discovery of the documents, and Attorney General Merrick Garland said he was appointing Robert Hur as special counsel.

Attorneys also found batches of documents at Biden’s home in Wilmington, Delaware. Four batches of classified materials have been found in Biden’s possession in total, dating from both his time as vice president and as a senator from Delaware. 

In February, FBI agents searched Biden’s vacation home in Rehoboth Beach, Delaware, for three and a half hours but did not find additional classified documents. The search was carried out on Hur’s first day on the job as special counsel.

Biden has addressed the controversy, saying his team is cooperating fully with the DOJ and suggested that his staff was to blame for not finding the documents when he left office in 2017.

‘But one of the things that happened is that what was not done well is as they packed up my offices to move them, they didn’t do the kind of job that should have been done to go thoroughly through every single piece of literature that’s there,’ Biden said. ‘But I’ll just let the investigation, you know, decide what’s going on, and we’ll see what happens.’

House Republicans have promised to investigate Biden’s handling of classified materials, with Oversight Committee Chairman Rep. James Comer, R-Ky., telling Fox News that ‘nothing that Joe Biden’s done with respect to mishandling these classified documents is normal.’ 

Fox News’ Chris Pandolfo and Brianna Herlihy contributed to this report.

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U.S. Citizenship and Immigration Services (USCIS) announced Friday it will immediately begin accepting the gender identity of foreign nationals requesting immigration benefits even if they do not match the gender marker on their supporting documents.

The agency, which is part of the Department of Homeland Security and deals primarily with lawful immigration in the U.S., said it is updating its policy manual to clarify that ‘USCIS will accept the self-identified gender marker for individuals requesting immigration benefits.’  

‘The gender marker they select does not need to match the gender marker indicated on their supporting documentation,’ according to the USCIS announcement March 31, which the White House designated ‘Trans Day of Visibility.’

The agency, which is tasked with scrutinizing and processing legal immigration applications and renewals along with other documents, said nationals requesting immigration services do not need to submit proof of their gender identity when submitting a request to change their marker, with some exceptions. 

The Biden administration has marked that day, with President Biden urging Americans to ‘join us in lifting up the lives and voices of transgender people throughout our nation and to work toward eliminating violence and discrimination against all transgender, gender-nonconforming and nonbinary people.’

Currently, the markers available on forms are male and female, but the agency said it is requesting an additional marker of ‘X’ for ‘another or unspecified gender identity.’

The latest changes originated from a request for input from the public in 2021 on how USCIS could lift barriers to benefits and services. Some of the responses indicated that providing evidence for a gender change was a barrier.

The move echoes similar changes by the State Department, which no longer requires medical documentation to change gender markers on passports and also allows citizens to select ‘X’ as a gender.

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A newly formed non-profit is bringing the spirit of ‘don’t tread on me’ to the kitchen, taking a stand against an ongoing campaign to ban gas-powered stoves.

Hands Off My Stove is sponsored by the U.S. Oil and Gas Association and was created as a response to government proposals at the local, state, and federal level to restrict what stoves Americans can use in their homes to prepare their meals.

‘People are really upset about this because the kitchen is the center of everyone’s home — it’s where we raise our families and where we teach our kid and people see this as environmentalists kicking in their door and tattling on them to the government,’ Tim Stewart, president of the U.S. Oil and Gas Association, told Fox News Digital. ‘They feel like it is a gross invasion of their privacy and their personal space, and they want someone to tell them how to fight back. This is about choice and freedom, and it is about privacy.’

The push to regulate and ultimately eliminate natural gas-powered stoves gained national attention in January, when a member of the Consumer Product Safety Commission (CPSC), a government agency, said a ban on gas stoves was ‘on the table’ because of the health risks they pose to consumers. However, the CPSC backed down after public outrage and ridicule. 

Soon thereafter, the Energy Department proposed an energy-efficiency regulation that officials acknowledge is so stringent that less than 50% of the gas stoves currently in use today would make the cut.

The Energy Department ‘proposes efficiency standards all the time — for lightbulbs, washers and dryers, refrigerators, and more,’ a department spokesperson recently told Fox News Digital. ‘Does it mean they’re coming to ban those appliances? Of course not. Instead, the department is building on decades-long efforts with industry to ensure our appliances work more efficiently and save Americans money.’

The department has also proposed a rule called the ‘Energy Conservation Standards for Consumer Conventional Cooking Products.’

According to Hands Off My Stove’s website, however, gas stoves are both cost effective and environmentally friendly — and proposals to ban them infringe on individual rights.

‘We are defending the rights of cooks and homeowners from the elitist policy makers and politicians who think they have the right to tell you how to make dinner,’ the group’s mission statement says. ‘We are pushing back against the climate activists who believe global warming happens because you made pasta last night. We have had enough, and we are fighting back.’ 

Beyond the federal level, Democrat-led states and cities are considering or actively implementing local gas stove restrictions as the GOP seeks to thwart such efforts at the federal level.

‘Much of the public attention has been focused on the federal government banning new appliances, but most of the nefarious activity is happening at the local level where environmental groups are pushing state and local elected officials to ban new gas hookups,’ said Stewart. ‘Hands Off My Stove is a grassroots effort designed to give people the ability not just have a say but the ability to push back hard.’

In New York, lawmakers and Democratic Gov. Kathy Hochul have been reportedly negotiating a measure banning gas stoves and other natural gas-powered appliances from being installed in new buildings and new residential construction.

‘The other side hates to be mocked and hates to be questioned,’ said Stewart. ‘So, our messages will be funny and forceful without being mean spirited. We will point out hypocrisy of those who keep trying to tell us how they think we are supposed to live. Serial Stove User Stacy Abrams is the perfect example.’

Abrams, a failed Georgia gubernatorial candidate and prominent voting rights activist, recently joined an environmental group pushing to ban gas stoves. However, she’s featured a gas-powered stove in a campaign ad and other online videos in which she can be seen preparing food.

According to Stewart, Hands Off My Stove, whose stated mission is to ‘preserve our right to choose to cook our meals any way we want without government interference,’ its efforts must be driven by grassroots activists.

‘We can help get everyone started and give them information and ideas, but they have to take it from there,’ said Stewart. ‘It really does need to be grassroots effort and we are asking people to kick in $1 a month… Over the next few weeks, we will get to work running some great local advocacy efforts and protecting people’s right to choose and share that with everyone so they can do the same in their community if they are at risk.’

Over the last several months, the Energy Department has introduced a series of energy efficiency regulations impacting various home appliances such gas stoves, ovens, clothes washers, refrigerators, and air conditioners. Now the Biden administration is preparing to implement a sweeping nationwide ban that would prohibit retailers from selling incandescent light bulbs.

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Transgender activists this week have been occupying state capitol buildings across the country to protest legislation placing restrictions on gender transition procedures for children and the teaching of gender identity in the classroom.

The protests came the same week police identified a transgender individual as the shooter responsible for murdering six people, including three 9-year-old children, in Monday’s shooting at a private Christian school in Nashville.

A crowd of LGBTQ activists on Friday marched on the Florida Capitol after the state’s Republican-controlled House passed a bill that would restrict the way teachers and students can use preferred pronouns in schools. The legislation also bolsters the ability of concerned parents, students and others to object to instructional materials and school library books.

The measure passed on International Transgender Day of Visibility, when several transgender marches were held nationwide. Students packed the Florida Capitol and shouted in protest, chanting ‘This is what democracy looks like’ and called to take control of the schools.

Two days earlier in Kentucky, state police confirmed 19 people were arrested at the Capitol as large crowds gathered to protest Republican lawmakers overriding Democratic Gov. Andy Beshear’s veto of legislation that bans puberty blockers, hormones and gender transition surgeries for children under 18.

The bill also bans lessons on gender identity and sexual orientation, requires trans students to use the bathroom of their biological sex and stops school districts from requiring teachers to use a student’s pronouns if they don’t align with their sex at birth.

At the same time Wednesday, hundreds of protesters descended on the Missouri Capitol after the Republican-led state Senate passed legislation barring transgender youth under 18 from receiving gender-affirming health care such as puberty blockers and hormone treatments. The state Senate also passed a bill preventing transgender students from participating on sports teams that align with their gender identity.

‘We show up clearly today in love and in community, certainly, but we also show up in righteous anger and in rage,’ Katy Erker-Lynch, executive director of PROMO, an LGBTQ public policy and advocacy organization, said at the protest.

Two days earlier in Texas, swaths of trans activists stormed the Capitol as the state House was debating a similar bill banning gender transition procedures for children. Protesters chanted ‘protect trans kids’ and lay on the floor in an apparent effort to obstruct those trying to walk by.

The Texas protest occurred the same day of the Nashville shooting at The Covenant School. Police say the shooter was Audrey Hale, a 28-year-old transgender individual who was a former student at the private Christian school. Hale, who was killed after firing at responding officers, left behind a manifesto, according to authorities, who did not rule out that gender identity may have been a motivation.

On Thursday, dozens of protesters swarmed the Tennessee Capitol, demanding lawmakers take action on gun violence as they appeared to mourn Hale’s death.

‘Every death is a tragedy, y’all. Seven lives,’ one protester could be heard saying in footage posted to social media.

Seven people were killed in the shooting, including Hale.

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Law enforcement officials have worked out the details of how former President Trump will be escorted to his alleged hush money scandal-related arraignment on Tuesday.

A source told Fox News that Trump is expected to arrive at the 100 Centre Street courthouse in New York City at around 11 a.m. on Tuesday morning. 

The arraignment – which is expected to last 15 to 30 minutes – is scheduled for 2:15 p.m. before Judge Juan Merchan. The security detail will be extensive, with officials expecting to magnetically search everyone in the courthouse twice.

No other business will be done at the courthouse until the arraignment concludes. The entire building will be cleared and inspected to ensure safety.

For security reasons, there is not expected to be a ‘perp walk’ or public arrival by the former president. Trump will also likely not be arrested in handcuffs, as his legal team made an arrangement with the DA’s office.

Judge Juan Merchan, who previously oversaw the case and trial of the Trump Organization and its former CFO Allen Weisselberg, is expected to read Trump’s charges and ask him to enter his plea. Trump will be escorted out after.

The details of the indictment have not been released, as they typically remain under seal before the arraignment takes place. The charges are expected to relate to Trump’s 2016 alleged hush money scandal, which the DA’s office has been investigating for five years.

If the charges relate to the hush money scandal, prosecutors are expected to argue that the $130,000 sum given to Stormy Daniels and the $150,000 given to former Playboy model Karen McDougal were improper donations to the Trump campaign, which helped his candidacy during the 2016 election.

The former president has expressed his disapproval of the indictment by DA Alvin Bragg, saying it is politically motivated.

‘This is Political Persecution and Election Interference at the highest level in history,’ Trump said in a statement. ‘From the time I came down the golden escalator at Trump Tower, and even before I was sworn in as your President of the United States, the Radical Left Democrats- the enemy of the hard-working men and women of this Country- have been engaged in a Witch-Hunt to destroy the Make America Great Again movement.’

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The markets had a positive weekly closing; despite the truncated week with just four trading sessions, the NIFTY registered decent gains. Over the past many sessions, the markets were unable to take any major directional calls; however, this week saw the markets rebounding from the lower edge of the trading zone on the back of heavy short covering from the lower levels. The trading range got a bit wider; the index moved in a range of 467.85 points over the past four sessions. A few important supports were defended on the weekly charts; the headling index closed with a decent gain of 414.70 points (+2.45%) on a weekly basis.

While the week that has gone by was a truncated one, the coming week is even shorter. We just have three trading days in the coming week; Tuesday and Friday are trading holidays on account of Mahavir Jayanti and Good Friday.

This week remains important from many technical perspectives. The NIFTY defended the 100-Week MA as a support on a closing basis; it has also closed a notch higher above its 50-Week MA. The 100-, and 50-Week MAs are currently placed at 17104 and 17320 respectively. Besides this, the index has also defended the pattern support that exists in the form of a falling trend line. The strong up-move that has come on the last trading day of the week has been fueled by a short covering-led rally; this is evident as the NIFTY Futures have shown a decline in Net OI along with the rise.

Another thing that again raises caution is a very sharp decline in volatility. INDIAVIX came off by 15.12% to 12.94; this warrants a high degree of caution while we follow any further moves in the markets. Monday is likely to see a quiet start to the day; the levels of 17450 and 17530 are likely to act as resistance points. The supports come in at 17180 and 17000 levels. The trading range will continue to stay wider than usual.

The weekly RSI is 46.23; it stays neutral and does not show any divergence against the price. The weekly MACD is bullish and stays below the signal line. PPO remains negative.

The pattern analysis of the weekly charts shows that the NIFTY has taken support on the falling trend line pattern resistance. This falling trend line begins from the high of 18604 and joins the subsequent lower tops while extending itself. Apart from this, the Index has also defended the 100-Week MA which is placed at 17104, and has closed just above the 50-Week MA which is at 17320 levels. This has redefined the trading zone for the NIFTY between 16900-17500; unless either of these levels is taken out or violated, we will see the index oscillating in this range.

As we approach the coming week and follow the extension of the up move, if any, we will need to keep in mind that the Options data suggest the markets facing resistance at 17500 levels. Besides this, we will need to keep a very keen eye on the VIX; consistently low levels of the INDIAVIX will keep the market participants exposed to violent profit-taking bouts from higher levels. While we navigate this technical phase of the markets, we will need to keep approaching the markets on a highly cautious and selective note. While keeping leveraged exposures at modest levels, a cautious outlook is advised for the day.

Sector Analysis for the coming week

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

The analysis of Relative Rotation Graphs (RRG) shows Nifty Mid-cap 100, FMCG, PSE, and Infrastructure indexes in the leading quadrant. These groups are likely to relatively outperform the broader markets. The NIFTY Auto and IT sector indexes are also inside the leading quadrant but they appear to be giving up on their relative momentum.

NIFTY Financial Services Index is inside the weakening quadrant but it is seen improving its relative momentum. Besides this, Banknifty and PSU Bank index continue to roll inside the weakening quadrant.

NIFTY Metal has advanced further inside the lagging quadrant. They may cause this index to relatively underperform the broader markets along with the Energy Sector index which is also languishing inside the lagging quadrant. Media Index is also inside the lagging quadrant but it is seen attempting to better its relative momentum against the broader markets.

The Realty Index has mildly rolled inside the improving quadrant; the Pharma index is also seen struggling to keep up with its relative momentum which is fast declining. The Consumption index is inside the improving quadrant as well; it is seen rolling firmly in the northeast direction towards the leading quadrant. This group is likely to show resilient performance over the coming days.

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

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

www.EquityResearch.asia | www.ChartWizard.ae

Last week, the S&P 500 put in a bottom following Wednesday’s rally of 1.4% on volume, which was greater than the prior day. Known by followers of William O’Neil’s work as a “follow-through day”, the price action occurred on the 12th day of a rally attempt and signals a new uptrend.

In addition to a new uptrend taking place, last week saw the equal-weighted S&P 500 sprint into an uptrend, following a period of dormancy due to the markets being led by a narrow group of Tech stocks. Increased breadth in the markets was also signaled by the number of stocks above their 50-day moving average, which increased by over 100% last week (using $SPXA50).

DAILY CHART OF S&P 500 INDEX

What Course Of Action Should Investors Take Now?

There are several ways to capitalize on the market’s new uptrend. One way would be to take a position in leadership names that entered an uptrend prior to last week. This path will lead you toward Technology stocks that have been trending higher due to a positive growth outlook on the heels of reporting strong quarterly results. Most of these high-quality names remain in an uptrend and are poised to trade higher.

DAILY CHART OF TECHNOLOGY SECTOR

A second approach would be to buy fundamentally sound companies that pulled back sharply amid the recent bank crisis, but have recaptured their uptrends after last week’s rally. This would put you in front of more economically sensitive areas, such as Industrials, that faltered amid bank related recession fears. Downtrend reversals are common among stocks once the markets enter a new uptrend, and scooping up falsely depressed names at a bargain can be a great way to boost your portfolio.

DAILY CHART OF INDUSTRIAL SECTOR (XLI)

Along with subscribers to my MEM Edge Report, I’ve already taken up positions in several leadership Technology stocks — more specifically, select Semiconductor and Software names that have been in uptrends since as early as last January. This is in addition to 2 top FAANMG names that are poised to trade higher. You can access that list by using this link here to trial my twice weekly MEM Edge Report.

As for compiling candidates among Industrial or Discretionary stocks that have entered new uptrends, you’ll want to narrow your list to include companies that have recently reported strong earnings and sales, while also posting a positive outlook regarding growth going forward. Studies have proven that strong earnings are the primary driver of stocks that go on to outpace the markets. In addition, you’ll need the industry group of that stock to also be in an uptrend. Sector and industry group affiliation account for almost 50% of your stocks appreciation or deterioration, so getting this right is another critical component.

Below is a chart of Rockwell Automation (ROK), a manufacturer of motor and automation power systems that’s in the Industrial sector (XLI). The company reported 4th quarter earnings that were 26% above estimates in late January, due to high demand for industrial automation amid a tight labor market. In addition, ROK raised its profit outlook for 2023 amid a slowdown in supply chain issues.

DAILY CHART OF ROCKWELL AUTOMATION (ROK)

In this Sunday’s MEM Edge Report, I anticipate adding select Consumer Discretionary stocks to the Suggested Holdings List after this sector turned positive. While the sector was given a boost by gains in heavyweight stocks Tesla (TSLA) and Amazon (AMZN), a 5% rally in Retail stocks (using XRT) put this group on a path to reversing its sharp 20% decline, which took place over the past 2 months.

While the markets have entered a new uptrend, roadblocks remain, as inflation levels remain elevated despite hints of a slowdown that were reported last week. In other words, continue to keep your stops tight until further evidence that the Federal Reserve has slowed their rate hike campaign. The next FOMC meeting will take place in early May.

Warmly,

Mary Ellen McGonagle, MEM Investment Research

Sportswear maker Adidas on Wednesday reversed course 48 hours after asking the U.S. Trademark Office to reject a Black Lives Matter application for a trademark featuring three parallel stripes.

“Adidas will withdraw its opposition to the Black Lives Matter Global Network Foundation’s trademark application as soon as possible,” the company said in a statement, without giving a reason for the decision.

Adidas had told the trademark office in a Monday filing that the Black Lives Matter Global Network Foundation’s yellow-stripe design was confusingly similar to its own famous three-stripe mark.

It sought to block the group’s application to use the design on goods that the German sportswear maker also sells, such as shirts, hats and bags.

The Black Lives Matter Global Network Foundation is the most prominent entity in the decentralized Black Lives Matter movement, which arose a decade ago in protest against police violence against Black people.

The group applied for a federal trademark in November 2020 covering a yellow three-stripe design to use on a variety of products including clothing, publications, bags, bracelets and mugs.

Representatives of the Black Lives Matter group did not immediately respond to a request for comment Tuesday.

Adidas said in the filing that it has been using its logo since 1952, and that the Black Lives Matter design would likely make shoppers think their goods were connected or came from the same source.

Adidas has filed over 90 lawsuits and signed more than 200 settlement agreements related to the three-stripe trademark since 2008, according to court documents from a lawsuit the company brought against designer Thom Browne’s fashion house.

A jury in that case decided in January that Thom Browne’s stripe patterns did not violate Adidas’ trademark rights. 

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