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On this episode of StockCharts TV’s Sector Spotlight, after a quick look at asset class rotation and sector rotation for US stocks, I dive into a comparison of cap-weighted sectors vs. equal-weighted sectors and find a big difference for the Consumer Discretionary sector, which underscores and supports the current strength of the market in general. In addition, seasonality for February suggests a (strong) under-performance for Real-Estate and, to a lesser degree, for Health Care and Utilities.

This video was originally broadcast on January 30, 2024. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page.

Past episodes of Sector Spotlight can be found here.

#StaySafe, -Julius

Kadarius Toney is expected back with the Kansas City Chiefs when they return to practice later this week.

Coach Andy Reid on Monday downplayed the wide receiver’s expletive-laced rant in which he suggested the Chiefs were lying about his injury, saying he’d heard about it but hadn’t seen it. But Toney has been on the injury report, Reid pointed out.

‘Obviously, he’s been on the injury report. That part is – that’s not made up by any means,’ Reid said Monday. ‘He’s been working through some things. He’ll be back out there.’

The Chiefs have a team meeting later Monday and then are off the next two days. They’ll return to practice Thursday and begin preparations to face the San Francisco 49ers in the Super Bowl. It’s the second consecutive Super Bowl appearance for the Chiefs, and their fourth in five seasons.

‘He’ll be back out there and we’ll see. We’ll see how he does,’ Reid said of Toney.

NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more.

What’s wrong with Toney?

The wide receiver has been on the injury report every week in the second half of the season, listed with either a hip or hip/ankle injury, and has not played since Dec. 17. Toney was a full participant in practice last Wednesday but was downgraded to limited the next two days. On Saturday, the Chiefs ruled Toney out of the AFC championship game against the Baltimore Ravens the following day, listing both his injury and ‘personal reasons.’

NFL Network reporter James Palmer said the personal reasons were because Toney’s first child, a daughter, was born on Saturday.

But Toney was incensed, saying on Instagram Live on Sunday that ‘I’m not hurt’ and suggesting the Chiefs were lying to keep him off the field.

‘I’m not hurt. None of that,’ Toney said. ‘It goes from hip to ankle to this to that.’

Toney has not lived up to his promise as a first-round pick in the 2021 NFL Draft, with the New York Giants trading him to Kansas City midway through the season last year. He did set a record for the longest punt return in Super Bowl history last year, with his 65-yard return setting up a score in the fourth quarter. But despite the Chiefs lacking a dependable, big-play receiver, Toney has just 27 catches for 169 yards and one TD this season.

This post appeared first on USA TODAY

As if we were in the superstitious sailing days of yore, where women on ships were considered bad luck and a distraction to the crew, a few commentators on social media are blaming one woman for distracting the Kansas City Chiefs on the football field.

Outkick founder Clay Travis posted about Kelce’s promotion of COVID-19 vaccines, as well as his girlfriend. “The Chiefs are not a good football team and Travis Kelce looks like he should retire,” Travis wrote. “He’s been worthless the last seven or eight weeks. The double worthless Pfizer shots may have caught up with him. Either that or Taylor Swift is the Chiefs Yoko Ono. Maybe both.”

But Chiefs head coach Andy Reid says the loss was not tied to a vaccine or a powerful woman.

In a postgame news conference, Reid said: “On offense, we struggled. That’s my responsibility to make sure we put the guys in the right position to make plays, and that didn’t happen the way we wanted it to. I take full responsibility for the way we played offensively there.’

So how did the Chiefs fare this season while Taylor Swift was in attendance?

How many Chiefs football games has Taylor Swift attended?

Invited by Travis Kelce, Swift went to her first Kansas City Chiefs game on Sept. 24. She cheered for a Kelce touchdown as the Chiefs beat the Chicago Bears.

Of the 12 games Swift has attended this season, the Chiefs have won nine and they are on their way to the Super Bowl.

Travis Kelce’s regular-season receiving yards

This year, Kelce has played in 18 games and has racked up 1,256 receiving yards. He had 1,257 yards by this time last year.

In the three games Swift attended and the Chiefs lost, Kelce was above average for yards in two of those games.

Offensive stats

The offense has been very un-Chiefs-like in 2023. When Swift was at the game, the offense has been above average in passing and rushing 50% of the time.

Millions of viewers

Though some NFL fans may say Swift is a distraction, she’s certainly driving viewers to tune in to Kansas City games. TV viewership jumped 47% between the Sept. 17 game and Swift’s first appearance at the Sept. 24 game.

Even Nickelodeon has joined in. During its ‘Nickmas’ coverage of the Christmas Day game, Nickelodeon added lots of kid-friendly aspects to the telecast – and a dedicated camera that that kept its eye on Swift at all times. That pushed the TV audience above 29 million.

SOURCES USA TODAY Network reporting and research, Getty Images, Associated Press, NFL, ESPN, FOX, CBS

This post appeared first on USA TODAY

CM Punk, who just competed in his first televised WWE match in 10 years, announced that he suffered a torn right triceps, an injury that could sideline him for months.

Punk opened up ‘Raw’ on Monday night, appearing with a sling on his right arm. He said he ‘felt unlucky’ as he announced he tore his right triceps. He said he thought he could try to tape his arm for future competition, but he will not be able to and will focus on rehab. He did not say if he will require surgery.

‘WrestleMania 40, I guess it’s not in the cards ladies and gentlemen,’ Punk told the crowd at Amalie Arena in Tampa, Florida. ‘But I’m a Chicago Cubs fan, and this isn’t the first time and it won’t be the last time I say this: There’s always next year.’

Punk suffered a torn triceps during the men’s Royal Rumble match on Saturday night. Video taken from inside Tropicana Field, where the 2024 Royal Rumble took place, showed Punk holding his arm during the match while referees spoke to him. Punk wound up being one of two finalist in the match alongside Cody Rhodes. Rhodes would win the match by throwing Punk over the top rope to clinch a championship match at WrestleMania.

The injury is devastating for Punk and WWE as the road to WrestleMania 40 begins. WWE’s flagship event will take place April 6-7 at Lincoln Financial Field in Philadelphia, and the injury all but ends Punk’s chances at competing at WrestleMania 40. It was expected he’d be part of the event ever since he made his return to the company at Survivor Series: WarGames in November. WWE had been teasing a possible match between Punk and World Heavyweight Champion Seth Rollins.

In September 2022, Punk suffered a torn left triceps while he was part of All Elite Wrestling and he missed nine months as a result.

This post appeared first on USA TODAY

Baylor will retire the jersey of former star Brittney Griner on Feb. 18 when the Bears host Texas Tech.

Griner helped Baylor go 40-0 her junior year en route to a national championship and finished her college career with 3,283 points and 1,305 rebounds. She was the AP Player of the Year in 2012 and 2013.

“I’m honored to return home to Baylor and celebrate where so much of my journey started,” Griner said. “I’m grateful to Coach Nicki (Collen) and the entire Baylor community and am looking forward to the opportunity to be back on campus, spend time with the team and have my family beside me to share in this incredible moment. Sic ’Em Bears.”

Griner also had 748 blocks during her four years at the school that saw Baylor go 135-15.

She was selected No. 1 in the 2013 WNBA draft by the Phoenix Mercury where she’s played her entire career. She’s a two-time Olympic gold medalist as well.

“We’re excited to have Brittney back on campus and honor her with the retirement of her jersey,” Baylor coach Nicki Collen said. “I have been saying this since I arrived at Baylor that she deserves to have her jersey retired and I wanted to make sure that happened when the timing was right.”

Griner had a strained relationship with former Baylor coach Kim Mulkey after she left the school. Mulkey said that it was a requirement for a player to have graduated to have her jersey retired. Griner got her degree in 2019.

One of Collen’s hopes when she took over as coach in 2021 was to have Griner’s number 42 retired. That was delayed when Griner was detained and imprisoned in Russia for 11 months in 2022 before she came back to the U.S. in a high-profile prisoner swap.

Collen brought the Baylor women’s team to Dallas in June when the Mercury played the Wings. She said at the time that the school was working on honoring Griner.

This will be the seventh Baylor women’s basketball jersey retired in its illustrious history, including Odyssey Sims, Melissa Jones, Nina Davis, Suzie Snider Eppers, Shelia Lambert and Sophia Young.

This post appeared first on USA TODAY

This week in men’s college basketball featured its share of upsets, but the highest ranked teams held serve. As a result, the USA TODAY Sports Coaches Poll this week has stability at the head of the rankings but chaos everywhere else.

The top five is the same, with No. 1 Connecticut and No. 2 Purdue continuing to monopolize the first-place votes. The Huskies capped off their week with a Sunday demolition of Xavier and remain at the top of 23 ballots with the Boilermakers claiming the rest after surviving a late charge from Rutgers on the road. North Carolina, Houston and Tennessee continue to round out the top five.

The movement begins at No. 6, where Big Ten leader Wisconsin vaults four places. Duke is back up to No. 7, as Kentucky slips a couple spots to No. 8. Kansas falls just one position to No. 9 after a loss at surging Iowa State, and Marquette climbs back to No. 10.

TOP 25: Complete USA TODAY Sports men’s college basketball poll

Iowa State makes the biggest jump of the week thanks to that Kansas win, leaping seven places to No. 11. Another Big 12 squad, Texas Tech, also gets a six-spot promotion to No. 15. Auburn tumbles 10 slots to No. 16 after a pair of losses during the week, and Oklahoma plummets 11 notches but stays ranked at No. 24.

No. 21 Alabama and No. 25 TCU rejoin the poll as Colorado State and Memphis drop out.

This post appeared first on USA TODAY

SANTA CLARA, Calif. — One of the weirdest things happened to Brandon Aiyuk on Sunday during pregame warm-ups. The San Francisco 49ers all-pro receiver happened to look at his feet and noticed that a ladybug was attached to one of his cleats.

He took that as an omen.

‘Oh yeah, we in there!’ Aiyuk recalled to USA TODAY Sports of what he told himself, amid a loud, festive party scene in the 49ers’ locker room after the huge, 34-31 comeback victory against the Detroit Lions propelled them to Super Bowl 58.

Everybody knows that ladybugs bring good luck. Aiyuk will now vouch for that fervently.

Hey, sometimes the vibe comes in mysterious ways.

NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more.

Thank you, ladybug. Aiyuk’s improbable, 51-yard circus catch in the third quarter — the football ricocheted off the helmet of Lions cornerback Kindle Vildor and into Aiyuk’s outstretched arms as he dove for what was actually a grossly overthrown pass — was perhaps the most pronounced game-changing play as the 49ers rallied from a 17-point halftime deficit.

Sure, there were other key plays that enabled the effort. Tashaun Gibson forced a Jahmyr Gibbs fumble, recovered by Arik Armstead, that set up a quick Christian McCaffrey touchdown. Brock Purdy channeled his inner Lamar Jackson by twice scrambling for 21 yards that led to touchdowns. The Lions went for it twice on fourth down and came up empty both times.

Yet nothing suggested the 49ers were poised to snatch victory in a dramatic reversal of fortune quite like Aiyuk’s catch off a deep post pattern. Every big comeback needs some type of jaw-dropper that maybe confirms the rally is real. For the 49ers, this was it. Momentum shift. Complete.

Purdy’s first reaction: ‘Oh my gosh, he caught that.’

Fellow receiver Deebo Samuel, running a high crossing route, clearly saw the miracle as it developed.

‘I’m thinking he scored,’ Samuel said.

Aiyuk popped to his feet and ran into the end zone, looking for a touchdown. The officials, though, ruled that he was down by contact at the 6-yard line. They also picked up the penalty flag that was thrown, apparently for pass interference.

‘I saw a flag,’ 49ers tight end George Kittle recalled. ‘All of a sudden, I saw him celebrating in the end zone, fake-dunking. I was like, ‘He caught it?’ Did he one-hand catch it? What did he do?’ ‘

Kittle looked up and found the answers on the Jumbotron screen. 

‘I saw the replay,’ he said. ‘Just as he intended it to look — off the guy’s facemask and right into his hands.’

Aiyuk finished the drive with a 6-yard touchdown catch, three plays after the highlight-film moment, that cut Detroit’s lead to seven points. The 49ers ultimately scored 27 unanswered points, taking control of the game.

After flirting with an upset loss to the Green Bay Packers eight days earlier in an NFC divisional playoff, the 49ers can’t afford to continue the pattern of sluggish starts if they plan to topple the Kansas City Chiefs in Super Bowl 58. Breakdowns nearly cost San Francisco against Green Bay, then an assortment of errors (including shabby tackling) pushed them into the deep hole against Detroit.

‘That’s back-to-back weeks with wins that we weren’t supposed to have, apparently,’ Aiyuk said. ‘Just two gutsy wins; two wins that just show you the type of team that we have, the mindset, the will and that heart that everybody had.’

Still, ladybugs or not, they might not want to press their luck, even in Las Vegas, in the next game.

This post appeared first on USA TODAY

BOSTON – Jimy Williams, the 1999 American League Manager of the Year for the Boston Red Sox who won 910 games over a dozen seasons that included stints with Toronto Blue Jays and HoustonAstros, has died. He was 80.

The Red Sox said Williams died Friday at AdventHealth North Pinellas Hospital in Tarpon Springs, Florida, after a brief illness. Williams lived in nearby Palm Harbor.

Williams was voted AL Manager of the Year after leading the Red Sox to their second consecutive playoff appearance. He said keeping calm in a clubhouse was easier than at home.

“I’ve got a wife and four kids. You want turmoil?” Williams said when he was hired to manage Boston in 1996. “You’ve got to talk. You can’t choose up sides and say, ‘Let’s see who wins this battle.’”

An infielder, Williams was born James Francis Williams in Santa Maria, California, on Oct. 4, 1943. He was a 1961 graduate of Arroyo Grande High School and first spelled his name Jimy as a prank in high school.

HOT STOVE UPDATES: MLB free agency: Ranking and tracking the top players available.

Williams went to Fresno State, where he earned a bachelor’s degree in 1964 in agri-business. He played summer ball that year with the Alaska Goldpanners alongside Tom Seaver and Graig Nettles. Williams signed with Boston, played at Class A Iowa and was selected by St. Louis in the 1965 Rule 5 draft.

Williams made his major league debut on April 26, 1966, striking out against the Los Angeles Dodgers’ Sandy Koufax in his first at-bat. His first hit was on May 7, an RBI single off San Francisco Giants’ Juan Marichal, like Koufax a future Hall of Famer.

“I can remember my first big league hit, but when you only get three you can remember them all,” he told the Houston Chronicle.

Williams played in 14 major league games, going 3 for 13 (.231) with one RBI.

He was traded to Cincinnati and spent 1968 at Class AAA Indianapolis, then was taken by Montreal in the expansion draft and played for Class AAA Vancouver in 1969.

His playing career cut short by a shoulder injury, Williams became a manager for the California Angels at Class A Quad Cities of the Midwest League in 1974 and after six seasons managing in the minors became Bobby Mattick’s third base coach with Toronto in 1980.

Bobby Cox took over as the Blue Jays’ manager in 1982 and when Cox left in 1986 to become the Atlanta Braves’ general manager, Williams replaced him in Toronto’s dugout.

Toronto went 86-76 in his first season and had a 3 1/2-game AL East lead with seven games left in 1987 but went 0-7 and finished two games behind Detroit. The Blue Jays went 87-75 in 1988 and Williams was replaced by Cito Gaston after a 12-24 start in 1989. Williams had clashed several times with star George Bell, who didn’t want to be a designated hitter.

Williams returned to the Braves as Cox’s third base coach from 1991-96, memorably giving Sid Bream the green light for the pennant-winning run on Francisco Cabrera’s single that beat Barry Bonds’ throw from left field and won Game 7 of the 1992 NL Championship Series against Pittsburgh.

Williams replaced Kevin Kennedy as Boston’s manager after the 1996 season. The Red Sox won 78 games in his first season and then had consecutive 90-win seasons. They rallied from a 0-2 deficit to beat Cleveland in a 1999 Division Series.

“I probably see life a lot differently than when I was with Toronto,” he said after earning Manager of the Year, “maybe not so excitable, from a standpoint of having to say something all the time.”

Boston won 85 games in 2000, and Williams was fired in August 2001 with the team at 65-53.

Williams was hired that fall by the Astros, and after two winning seasons he was fired with the Astros at 44-44 in 2004. He was let go a day after fans at Minute Maid Park booed him when he was introduced as a coach at the All-Star Game.

Williams’ managing record was 910-790.

He spent 2005 and 2006 as a Tampa Bay Rays roving instructor and was Charlie Manuel’s bench coach for the Philadelphia Phillies in 2007 and ‘08, earning a World Series ring in his second season.

Sons Shawn and Brady both played in the minor leagues, and Brady is Tampa Bay’s third base coach while Shawn is a former minor league manager. In addition to his sons, Williams is survived by Peggy, his wife of 47 years; daughters Monica Farr and Jenna Williams; and eight grandchildren. Monica was an All-America swimmer at Texas A&M who won a pair of gold medals at the World University Games.

This post appeared first on USA TODAY
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The Biden administration will begin implementing new rules laid out in the president’s executive order aimed at regulating artificial intelligence, though some experts are skeptical about how useful the new rules will be.

‘The executive order’s preoccupation with model size and computing power, rather than actual use case, is misguided. This approach risks creating compliance burdens for companies without meaningfully improving accountability or transparency,’ Jake Denton, a research associate at the Heritage Foundation’s Tech Policy Center, told Fox News Digital.

‘The order’s blurred lines and loosely defined reporting requirements will likely yield selective, inconsistent enforcement.’

Denton’s comments come after The Associated Press reported Monday that the Biden administration would start implementing new rules from the order, including a rule that requires developers of AI systems to disclose the results of safety tests to the government. 

The White House AI Council met Monday to discuss progress on the three-month-old executive order, according to the report, coming at the same time the 90-day goal laid out in the order under the Defense Production Act that AI companies begin sharing information with the Commerce Department.

Ben Buchanan, the White House special adviser on AI, told The Associated Press that the government has an interest in knowing if ‘AI systems are safe before they’re released to the public – the president has been very clear that companies need to meet that bar.’

But Denton is skeptical that the order will lead to the advertised results.

‘The order’s blurred lines and loosely defined reporting requirements will likely yield selective, inconsistent enforcement,’ Denton said. ‘Meanwhile, the substantial information asymmetry between regulators and companies will likely render oversight ineffective.’

Christopher Alexander, chief analytics officer of Pioneer Development Group, also expressed skepticism about the new rules, noting government struggles to regulate other tech industries such as cryptocurrencies and expressing fears about censorship.

WHITE HOUSE URGES CONGRESS TO ACT FOLLOWING ‘ALARMING’ AI TAYLOR SWIFT IMAGES 

‘The Biden administration’s problematic regulation of crypto is a perfect example of government dictating to industry rather than working with industry for proper regulations,’ Alexander told Fox News Digital. ‘I am also concerned that the aggressive censorship efforts with social media by the U.S. government in the past few years is very disconcerting, and I think any government oversight efforts must be carefully monitored by Congress for accountability, and it is crucial that they clearly define ‘who will watch the watchers.”

Nevertheless, Alexander argued that it is important to establish standards for the industry, noting that ‘the private sector motivations of AI companies are not always in the best interest of the general public.’

Biden’s executive order seeks to bridge that gap, putting in place a set of common standards for future AI safety.

‘I think the government is setting the tone for the future. There really isn’t a standard yet for testing safety with these models yet. Because of that, this order doesn’t have much teeth – yet,’ Phil Siegel, founder of the Center for Advanced Preparedness and Threat Response Simulation (CAPTRS), told Fox News Digital. 

‘If the administration fails to meet the moment, by creating stifling regulations, America will see its global edge in AI technology wither away.’

‘But there are some consensus processes emerging. Eventually, there will probably be several prompts generated either randomly or not to test the models. There will be some sophisticated AI models that will be used to converse or test new models. In addition, ‘red teaming’ will become a method that is used where teams of people and technology try to ‘break’ these models.’

Siegel likened the process to the current rules for drug approval, which he argued is now well understood and followed by drug developers.

‘We will eventually have that for testing AI models and honestly should have had that in place for social media applications,’ Siegel said.

Ziven Havens, policy director at the Bull Moose Project, argued that the administration has reached a critical juncture in the regulation of AI, one that will require them to balance safety standards while taking care not to stifle innovation.

‘If the Biden administration aims to be successful with AI regulation, they will use the information provided to them to create reasonable standards, ones that will both protect consumers and the ability of companies to innovate,’ Havens told Fox News Digital. 

‘If the administration fails to meet the moment, by creating stifling regulations, America will see its global edge in AI technology wither away. Waving a white flag on American innovation would be a disaster, both for our economy and national security.’

The White House did not immediately respond to a Fox News Digital request for comment.

This post appeared first on FOX NEWS

This is a big week for earnings so Carl and Erin break down the technicals on stocks preparing to report. Some are already poised for success, but others should be avoided. Don’t miss their views on the Magnificent 7 and many others that are reporting this week. Click HERE to subscribe to our YouTube Channel.

Synopsis:

– Several major tech stocks like Google, Microsoft, Amazon, Apple and Meta are reporting earnings this week, so the market will be watching those closely

– Energy stocks like ExxonMobil and Chevron look poised to do well given rising oil prices, but should still be watched closely around earnings dates

– AMD is vulnerable to a pullback given its parabolic rise, while stocks like MasterCard and Starbucks look risky going into earnings given bearish technicals

– The Uranium ETF URA has tripled in the last year and looks to have further upside potential based on the chart

– Boeing’s issues may still be weighing on the stock despite identifying the specific problem that caused crashes

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