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Tech stocks are striking back after a rough start in the first week of the trading year. Back then, it might have been inconceivable to think that tech stocks would lead a bullish rally, but that narrative has changed quickly. Today’s continuation of yesterday’s strong rally boosted the broader equity indices, while the Dow Jones Industrial Average ($INDU) and S&P 500 ($SPX) closed at record highs, and the Nasdaq Composite ($COMPQ) clinched a new 52-week high.

Chip stocks continued to gain momentum after yesterday’s explosive rally, which followed Taiwan Semiconductor’s (TSM) strong earnings report and positive guidance. Perhaps investors are optimistic that other tech stocks will follow suit, as some prominent players report earnings next week, and many more the following week. Early indications suggest that AI will continue to be the buzzword in 2024 and the catalyst for the stock market!

As far as economic conditions go, the US economy is still healthy. Consumer sentiment is high, indicating that the consumer is extremely confident. Earlier in the week, we got a better-than-expected December retail sales report showing that consumers are still shopping. There was some concern that the higher interest rates ahead of the holidays would be a headwind for retailers, but it looks like things went better than forecasted.

There’s a lot of euphoria surrounding the stock market, which spread to mid- and small-cap stocks toward the end of the trading week. It’s a risk-on environment, with investors gravitating toward the Technology, Communication Services, and Consumer Discretionary sectors. Defensive sectors, such as Energy and Utilities, were this week’s weakest-performing sectors.

The Big Picture

A glance at the StockCharts Dashboard gives you an overall view of the big picture. Equities led the rally, with all the equity indexes in the Market Overview panel in the green. The only red is the CBOE Volatility Index ($VIX), which shows that investors are extremely complacent.

The chart of the VIX displays an interesting pattern of choppiness in the last few weeks (see chart below). Earnings season is an exciting time in the stock market, and it isn’t unusual to see some choppiness in volatility. When the VIX is low, it implies that investors aren’t concerned about hedging their portfolios.

CHART 1. DAILY CHART OF CBOE VOLATILITY INDEX. The VIX is low, which indicates that investors aren’t worried about the stock market. When the VIX starts climbing higher, it’s time to become cautious, as it tends to spike quickly and without much warning.Chart source: StockCharts.com. For educational purposes.

The VIX, considered the fear gauge, is key in identifying shifts in investor sentiment, so it doesn’t hurt to regularly review this chart as you go through your stock market analysis. If you go back over ten years, you’ll see the VIX tends to spike quickly, and the last thing you want is to get caught off guard.

The StockCharts Technical Rank had a handful of stocks that increased by more than 14 points. Ally Financial (ALLY) and Super Micro Computer Inc. (SMCI) are the top two in the Top Up category for large-cap stocks. The chart of these two stocks (see below) shows the magnitude of their move on Friday.

CHART 2. TWO BIG SCTR MOVERS IN FRIDAY’S TRADING. Some stocks saw relatively large percentage up moves. Here, you see a financial and a tech stock seeing substantial gains.Chart source: StockCharts.com. For educational purposes.

So, will the investor optimism continue into next week? There’s not much economic data that will be released next week except for PCE, which is an important one. More important are earnings. In addition to these reports, keep an eye on the momentum and the VIX.

End-of-Week Wrap-Up

US equity indexes up; volatility down

S&P 500 up 1.23% at 4839.81, Dow Jones Industrial Average up 1.05% at 37863.80; Nasdaq Composite  up 1.70% at 15310.97$VIX down 5.87% at 13.30Best performing sector for the week: TechnologyWorst performing sector for the week: UtilitiesTop 5 Large Cap SCTR stocks: Affirm Holdings (AFRM), Veritiv Holdings, LLC (VRT); Nutanix Inc. (NTNX); CrowdStrike Holdings (CRWD); Super Micro Computer, Inc. (SMCI).

On the Radar Next Week

Earnings week continues with the first of the Magnificent stocks, Tesla (TSLA) reporting on Wednesday. Other companies reporting include Netflix (NFLX), Intel (INTC), Lam Research (LRCX), KLA (KLAC), United Airlines (UAL), Abbott Laboratories (ABT).December PCE Price Index

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

The S&P 500 gained 1.1% last week in a move that puts this Index at a record high. While this is exciting news for investors, those that owned some of last week’s top performers are in even better spirits, as the average gain for the top ten movers in this Index was 10.3%. Even more unusual was that almost three quarters of these names were from the same industry group.

The industry group I’m referring to is Semiconductors, which posted outsized gains after a positive earnings report from the world’s largest chip manufacturer, Taiwan Semiconductor (TSM), sparked a rally in these stocks. Prior to that, a bullish report for Advanced Micro (AMD)’s outlook put this stock on its path to posting almost 20% for the week. Subscribers to my MEM Edge Report will be familiar with this stock, as we highlighted AMD as a strong buy on Sunday and then again on Wednesday.

Daily Chart of iShares Semiconductor ETF (SOXX)

Software stocks also outperformed last week, with the names from this area that are on our Suggested Holdings List posting gains that keep them in confirmed uptrends; they’re poised to trade higher from here. If you’d like immediate access to this List, use this link here for a 4-week trial of my twice weekly report. In addition to recommending leadership stocks that often go on to outperform the broader markets, this report keeps you tuned into sector rotation, interest rate outlooks, and other big picture concepts that keep you on top of what’s moving the markets and, more importantly, what to look out for.

This Sunday’s MEM Edge Report will review additional events taking place in the markets that are unusual. Among them, Growth stocks are advancing, despite interest rates remaining relatively elevated, and while the S&P 500 is now at new highs, the Equal-Weighted S&P 500 has been languishing. Use the link above for insights into these and other counterintuitive activities shaping today’s market.

Warmly,

Mary Ellen McGonagle

MEM Investment Research

I’ve spent much of my career helping investors become more like pilots. Why is this such an important mindset to adopt? Well, pilots have to maintain good situational awareness, understanding what is happening around them. They need to make difficult decisions and recognize when conditions are changing. And, perhaps most importantly, they have to fight the pull of their emotions, which could get them into serious trouble otherwise.

First solo flight, Norwood Airport (KOWD), July 7, 2012.

Author’s Note: Fun fact… I created a video celebrating my first solo flight, and I believe that was the very first video I ever uploaded to YouTube!

The rise of behavioral finance as a legitimate field of study has helped investors to identify and classify a series of cognitive and emotional biases. Today, we’ll share three that we find most commonly displayed by investors, from seasoned market professionals all the way down to novice traders. We’ll also share some technical analysis tools that could help you minimize their potentially negative impact on your portfolio!

I hope you can reflect on where you’ve seen these biases crop up in your own process, and identify some tools on StockCharts to help you minimize their disastrous impact on your returns!

Confirmation Bias

The most common bias in my experience is confirmation bias, where you gather evidence to confirm a decision that you’ve basically already made. Now what actually happens is that you often come across lots of evidence that could either support or detract from your investment thesis. Your brain assigns greater value to evidence that supports your thesis, and sort of mentally pushes away evidence that would refute your opinion.

Social media tends to exaggerate the effects of confirmation bias, because every time you “like” or “follow” a particular account with a specific approach or point of view, you are teaching the algorithm to give you more content with a similar voice and perspective. So basically you are teaching the social media platform to give you more of the same, over and over.

The right way to develop an investment thesis is to gather evidence, consider the weight of the evidence, and then make your decision. I call this an “evidence-based process” and it is at the core of how I use charts in my daily and weekly routines. In fact, my Morning Coffee Routine uses a set of charts to help me review conditions for the broad market averages, breadth and sentiment indicators, intermarket analysis, sector and thematic plays, and individual stocks.

The best way to fight confirmation bias is to have a rock-solid chart review process, and then to consistently and religiously search out alternate hypotheses and opposing points of view. Social media platforms don’t make that process particularly easy, but your portfolio will appreciate your efforts to consider various perspectives!

Narrative Bias

“The S&P 500 will go higher because the Fed will be lowering interest rates and semiconductor stocks will plow higher due to the AI craze.” If you’ve ever uttered a sentence like that, you’re most likely setting yourself up for what is called narrative bias.

We love stories, especially when we’re the main character. That’s why when you go to buy a car, the salesperson will try and get you behind the wheel for a test drive. Because at that point, you’re no longer thinking about the price tag, you’re enjoying the narrative of you as a brand new car owner.

Narratives come from an honest place, as they are really a way that we as humans make sense of the world around us. To be human is to tell stories, to engage with others and to better understand the human condition. But when you become too engrossed with a market narrative that you ignore when the evidence changes, that’s when it can become a costly mistake.

The S&P 500 made a new all-time high this week, and I’ve seen lots of commentary talking up optimism for stocks based on a combination of lower interest rates, a more dovish Fed, limited fallout from conflict in the Middle East, the dominance of mega-cap growth stocks, and a low-volatility environment. That may be the current situation for the markets in mid-January 2024. But conditions can, and most certainly will, change.

One of the great benefits of technical analysis is that it can provide clear levels and signals to help you define when a change in trend has occurred. For me, the S&P 500 chart is strong, as long as we hold 4700. A break below 4700 would open the door to a more long-term support level at the price gap, around 4550. As long as we remain above 4550, I would say this market is in a confirmed uptrend.

Now here’s the best part. I have set price alerts on StockCharts for when those downside thresholds are reached for the S&P 500 index. And the platform will e-mail me, text me, and pop up a banner on the website if and when those levels are reached. Want to minimize narrative bias? Have StockCharts tell you when the narrative is no longer in play!

Overconfidence

Social media (and the market in general!) is filled with overconfident traders and investors. It’s not hard to find examples of people taking virtual victory laps for their incredible track record or market calls.

I have yet to meet a successful investor who has not made huge mistakes in their career. I was once told that these early misses were the “tuition you paid to the market” as a downpayment for future successes.

Technical analysis tools can really help to upgrade your confidence in your abilities to pick stocks and ETFs, and that is a very good thing. But, especially when you have a run of good trades, it’s very easy to start thinking that you can do no wrong in your portfolio. As many successful traders will tell you, this is usually when the rug is yanked out from under your feet!

Investing is an incredibly humbling way to spend your time. I have been right plenty of times, and I have been wrong more times that I could count. That’s why my trading journal has three lines for every trade:

What’s the position I’m taking?Why am I taking that position?What would tell me that I was wrong?

That third line, by the way, is how I try to avoid overconfidence. Every time I take a position, I’m admitting that there is a very real chance that I’m going to be wrong. Most importantly, I lay out exactly what I’d need to see to confirm that very thing.

These are just three of the literally hundreds of behavioral biases that I’ve observed over my career. You may find that one or two of the ones I’ve described today resonates with you, and you’ve probably experienced them all at times. The good news is that a consistent process using charts and technical analysis tools can provide a more objective view of the weight of the evidence and help you to make better (and more mindful!) investment decisions.

By the way, I’m super excited for new all-time highs on the S&P 500, but I’m also skeptical of further upside, based on a review of five market breadth indicators. Check out my latest YouTube video for more on the divergence between price and breadth for the S&P 500!

RR#6,

Dave

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

David Keller, CMT

Chief Market Strategist

StockCharts.com

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

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

Winter weather can cause bigger headaches for electric vehicle drivers than shoveling their driveways. Many are finding cold temperatures reduce their cars’ driving range.

Fully electric vehicles, which run exclusively on battery packs, typically lose an average of 41% of their range when outdoor temperatures drop to 20 degrees Fahrenheit and the heat’s cranked on, AAA researchers have found. That’s because batteries don’t work as efficiently in the cold and regulating cabin temperature can gobble up a significant amount of power, depending on how a car’s HVAC system is designed.

It was a rough time to start driving for Uber in Chicago this month, said Marcus Campbell, who signed up with the ride-hailing company last week using a rented car. Campbell said he has already found the frigid weather buffeting the Windy City can make for a longer workday and fewer fares, requiring him to spend several hours waiting his turn at a charging station and powering up.

“When I should be asleep, I’m outside charging my vehicle, falling asleep in my car,” he told NBC News’ Adrienne Broaddus. “I’m not making any money.”

Many drivers across the country are likely to face frustrations like Campbell’s this winter.

There are more EVs on American roadways than ever before, with a record 1.2 million sold nationwide in 2023, according to Cox Automotive. Sales are still rising, but some consumers have been put off by a dearth of charging infrastructure that remains a work in process. Now, the bitter cold sweeping parts of the U.S. is giving many current and would-be EV drivers another reason for “range anxiety.”

EV batteries work less efficiently in very cold weather, requiring some drivers to charge their vehicles more frequently.William Hale Irwin / Sipa USA via AP

The way engines work plays a big part in how a car is heated, said Scott Case, the CEO of Recurrent, a company that measures EV battery performance. Around 10% of a gas engine vehicle’s energy is used for forward momentum, compared to 90% in EVs, he said. With all-electric models, “there’s not a lot of waste heat that you can just use to warm up the cabin,” Case said, which puts more onus on the battery to do so.

Auto industry experts said EVs built with heat pumps for warming their interiors will undergo less battery strain in cold weather. Most newer models have them, but less efficient “resistive” heaters are more common in older vehicles. Case estimated that EVs with heat pumps lose an average 20% of their range in extreme weather, compared with up to 40% in those without heat pumps.

There’s not a lot of waste heat that you can just use to warm up the cabin.

Scott Case, CEO of Recurrent

The age of a vehicle’s battery can also affect how it performs in cold temperatures, said Alex Knizek, Consumer Reports’ manager of automotive testing and insights.

“Batteries in your EV do degrade over time, just like your smartphone after you charge it and discharge it a bunch,” he said.

Consumer Reports’ testing of four popular EV models — the Hyundai Ioniq 5, the Volkswagen ID-4, the Ford Mustang Mach-E and the Tesla Model Y — also found significant battery depletion in cold weather. Battery range dropped 25% from spring to winter and 30% from summer to winter, with the researchers looking at temperatures near zero Fahrenheit for the coldest conditions and around 80 degrees in the summer.

An electric vehicle charges during a snowstorm in Austria in 2020.K M Krause / Shutterstock

In Chicago, tow truck driver David Birts said his company’s calls have increased substantially since Friday, mostly because of stuck EVs. “I have never seen this volume for electric cars,” he said.

Knizek noted that all cars lose some efficiency in extreme weather, especially when it’s very cold. But EVs, for now, lose more than their gas-burning counterparts. And the issue can be more urgent for EV drivers because recharging takes longer than refueling at gas pumps, which so far remain more pervasive than charging stations in much of the U.S.

Batteries in your EV do degrade over time, just like your smartphone.

Alex Knizek, manager of automotive testing and insights, Consumer Reports

“As the automakers want to get more EVs on the road,” said Greg Morrison of Bumper2BumperTV, “they need to work in tandem with those who are providing public charging and those who are selling home charging units, so that it’s not as much of a crisis at these charging stations.”

EVs can help reduce the 29% of greenhouse gas emissions attributable to transportation in the U.S. every year, according to the Environmental Protection Agency. That’s one reason the Biden administration has committed billions of dollars through the Inflation Reduction Act and the Bipartisan Infrastructure Law to support charging infrastructure and speed electrification of the nation’s transportation system.

In the meantime, for prospective and current EV drivers looking to maximize their range in cold weather, “it all comes down to trying to maintain the temperature of the battery and the interior of the car,” Knizek said.

One common approach is called pre-conditioning. Turning on the heat while an EV is still plugged in — which can often be done through a smartphone app connected to the vehicle — will use energy from the charging station, rather than the battery, to heat the cabin. “The benefit to you is not only extra range, but you also show up to a nice, toasty, comfortable car,” Knizek said.

Automakers tend to advise against keeping all-electric cars parked outdoors in cold weather for extended periods, he said. So drivers with garage space may want to move their vehicles there when temperatures plunge.

When you’re shopping for an electric vehicle that you’ll need to drive in cold weather, Knizek advised opting for the longest-range model you can afford. That way, if you lose a little range in the winter or during other extreme weather, it won’t be a dealbreaker for your daily driving needs.

“You don’t necessarily know how much degradation a battery has when you shop for it,” Knizek said. Services like Recurrent and others can give EV buyers a better idea of how various models’ batteries will perform over time, he said, including in different weather conditions.

This post appeared first on NBC NEWS

If you were hoping to snatch a unique, sports bar-inspired flavor in your lip balm, you’ll now have to wait.

On Wednesday, balm specialists Burt’s Bees announced a collaboration with Hidden Valley Ranch to create balms inspired by classic wings-adjacent flavors.

In a release published Wednesday, the companies said they would be releasing balms that come in Hidden Valley Ranch, Buffalo Sauce, Crunchy Celery, and Fresh Carrot flavors.

“We are officially in wing eating season, which feels right at home for Hidden Valley Ranch,” CC Ciafone, marketing director at The Clorox Company, which owns the Hidden Valley Ranch brand, said in the release.

Citing the upcoming Super Bowl, Ciafone celebrated the partnership: “As we inch closer to the biggest wing consumption day of the year, we are looking forward to teaming up with Burt’s Bees for this never-been-done-before collab — and our first foray into the beauty category!”

In fact, according to the Burt’s Bees website, the products, which were retailing for $11.99, have already sold out — though there is an option to join a wait list.

The companies say the team-up is an attempt to bring an April Fools social post to life.

Appropriately, the products do come with a warning: ‘NOT FOR CONSUMPTION. Obviously.’

This post appeared first on NBC NEWS

The publisher of Sports Illustrated is laying off much of the storied magazine’s entire staff.

The news, first reported by Front Office Sports, came less than 24 hours after publisher The Arena Group announced “a significant reduction in its workforce,” comprising 100 employees. Arena said it continued to manage “substantial” debt and recently missed payments, and that the layoffs were part of “cost-cutting measures to initiate a transformative shift towards a streamlined business model.”

According to FOS, Sports Illustrated’s parent company, Authentic Brands Group, has sought to revoke Arena’s license to publish SI after Arena missed a payment.

Richard Deitsch of The Athletic separately tweeted Friday an image of an email sent out to workers that said “staff” who worked for the Sports Illustrated brand were being laid off.

The union representing SI’s staff said in a tweeted statement that it had been notified of Arena’s intention to “lay off a significant number, possibly all” of its union-represented staff.

“This is another difficult day in what has been a difficult four years for Sports Illustrated under Arena Group (previously The Maven) stewardship,” the union said in a statement. “We are calling on ABG to ensure the continued publication of SI and allow it to serve our audience in the way it has for nearly 70 years,” the statement read, using an acronym for Authentic Brands Group.

In a statement, Authentic Brands confirmed it had terminated The Arena Group’s license to serve as the publisher of Sports Illustrated as a result of its failure to pay its quarterly license fee — but said that the SI brand would live on.

‘Authentic is here to ensure that the brand of Sports Illustrated, which includes its editorial arm, continues to thrive as it has for the past nearly 70 years,’ the company said. ‘We are confident that going forward the brand will continue to evolve and grow in a way that serves sports news readers, sports fans, and consumers.’

Arena Group said in a statement it continues to negotiate with Authentic and that it will continue to produce Sports Illustrated until the negotiations are resolved.

‘We hope to be the company to take SI forward but if not, we are confident that someone will,’ it said. ‘If it is another business, we will support with the transition so the legacy of Sports Illustrated doesn’t suffer.”

Long published by Time-Life, Sports Illustrated was sold by successor group Time Inc. to Meredith Corp., best known for publishing Better Homes & Gardens, in 2018, whereupon it was reduced to a biweekly publication.

In 2019, Authentic, which owns a host of clothing and lifestyle brands, purchased SI.

Sports Illustrated drew headlines last fall after the tech news outlet Futurism reported that it appeared SI had published AI-generated stories, photos and authors.

Following those reports, Arena ousted CEO Ross Levinsohn and replaced him with Manoj Bhargava, the founder and CEO of Innovations Ventures, known for creating the 5-hour Energy drink. Bhargava himself subsequently stepped down in January to avoid unspecified potential conflicts of interest.

Arena also oversees TheStreet, Parade and Men’s Journal.

The Sports Illustrated brand may yet live on in an unexpected form: In 2022, Authentic announced it had partnered with a developer and a hospitality group to launch Sports Illustrated Resorts, “a new premium, lifestyle resort and entertainment destinations.” The first location has already opened in the Dominican Republic.

This post appeared first on NBC NEWS

The S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market stumble to start the new year.

The broad market index rose 1.23% to settle at 4,839.81, surpassing both the prior record intraday and closing highs from January 2022. Meanwhile, the Dow Jones Industrial Average, which set its own record at the end of last year, added 395.19 points, or 1.05%, to end at 37,863.80. The Nasdaq Composite advanced 1.70% to 15,310.97. The smaller, more tech-focused Nasdaq-100 gained 1.95% to also hit a record high.

All three major averages are now in positive territory for 2024, with the 30-stock Dow going green during Friday’s rally.

Following a 19% loss in 2022, the S&P 500 roared back in 2023, posting a 24% gain as the economy skirted a recession that many had expected and inflation came down to levels that allowed the Federal Reserve to pause its interest rate hikes. The benchmark came close to reaching a record following a forceful fourth-quarter rally, but ultimately fell short. The market rally paused a bit to start 2024 as investors took some profits in the Big Tech leaders like Apple.

But they returned to buying those tech leaders in recent days. Friday’s milestone confirms that the stock market is officially in a bull market that began in October 2022, and not just a bounce within a bear market. The S&P 500 is up more than 35% since that low.

“In the mind of the investor, [companies] leading in AI or having a product set that’s differentiated in the tech space are very, very strongly leading the market. That’s been a wave that’s persisted throughout the remainder of last year and into 2024,” said Matt Stucky, chief portfolio manager at Northwestern Mutual Wealth Management.

The tech sector gained 2.35% on Friday and more than 4% during the trading week, making it the S&P 500′s best-performing sector week to date.

Whether the broader market index can maintain its growth momentum in 2024 “is going to be a question of whether the Fed is able to stick a soft landing or not,” said Stucky. He noted that the driver of the S&P 500′s growth in 2023 was tied to multiples, rather than earnings.

“Multiples rise coming out of economic slowdowns, because investors are pricing in a recovery. If that recovery doesn’t materialize, then you do have to question the sustainability of not only holding on to new highs, but making new highs beyond that,” Stucky added.

Fresh consumer data on Friday indicated that consumers are becoming more confident on the economy and inflation. The University of Michigan’s Survey of Consumers showed a 21.4% year-over-year jump to reach its highest level since July 2021.

Insurance company Travelers rose 6.7% after posting an earnings beat. Schlumberger gained 2.2% after beating on top and bottom lines, and Ally Financial surged over 10% after reporting strong quarterly results and a sale of a business unit to Synchrony Financial.

This post appeared first on NBC NEWS

Poison, they called his dad, and Scot Pollard shares the genetic code. This is a story about a former Indiana Pacers cult hero, yes, but also one about life and death, and the secrets of the human body. Some secrets we never learn, while others wait decades to come looking for us in the form of a cough, a sneeze, an echocardiogram.

Pollard knows more about the heart than he ever wanted to know, more than most non-cardiologists ever learn, because of what is happening to him now, and what happened to his father more than 30 years ago.

Pearl Icean Pollard Jr. was a basketball player whose hook shot was so dangerous – some of his schoolboy scoring records still stand, and he is in the Utah Hall of Fame – folks called him “Poison Pearl.” He was a 6-8 hammer, big and strong and sturdy, but his body carried a secret that went undiscovered until 1991. He was 54 years old when the truck he was driving for the city of Solana Beach, California, rolled gently through a stop sign and into a parking lot, where it came to rest against some parked cars.

Pearl was behind the wheel, buckled up, dead. His heart had stopped.

Cardiomyopathy, according to the autopsy.

“His heart was twice the size of normal,” Scot Pollard says, a beautiful thing to say of someone figuratively, but a death sentence in literal terms.

Pearl had caught a virus a year earlier, and doctors say that triggered the condition lying latent within his heart. Cardiomyopathy is one of those mystery afflictions, genetic in certain cases, a disease some of us have and never find out unless the wrong virus, the wrong trigger, comes along and shakes it loose. Some of us, the lucky ones, live and die without ever knowing about the poison in our DNA.

Pearl Pollard wasn’t so lucky, and in so many ways Scot Pollard is his father’s son: the height, the basketball ability, the drive to care for his family. Scot was the free-spirited Pacers big man from 2003-06 who painted his nails at Kansas, introduced funky hairdos to the NBA and in 2016 competed on season 32 of “Survivor.” Years ago, paying homage to his dad – “I’m proud to be my dad’s son,” he says – Scot Pollard had three words tattooed onto his back, three words that explain the player he was, the man he has become and the secret that hadn’t yet revealed itself.

Son of Poison, it says.

Too tired to talk on the phone

Talking on the phone wears him out.

Scot, who lives with his family in Carmel, Indiana, has been doing interviews for days, since he and his wife shared his condition on social media last week with pictures of Scot in a hospital bed, hooked up to machines. He’s home now, with phone calls coming from the heartland and both coasts – ESPN has floated the idea of a documentary – and he’s exhausted.

“He did an interview with someone in Sacramento,” says his wife, Dawn Pollard, “and he had to hang up two or three times to catch his breath.”

That was last Thursday, and by that evening Scot was so exhausted he couldn’t attend his son’s rec league basketball practice. Scot had been among the team’s coaches, but as his condition has worsened, he now goes only to speak to the team and watch, when he can.

Talking tires him out, and walking more than a few feet is impossible. That’s one of the things he misses most: long walks with Dawn. They’d go for an hour, sometimes talking the whole way, sometimes silent, but together always. Scot’s trying to remember how long it’s been since their last walk.

“Three years?” he’s asking Dawn, who says something in the background that has Scot chuckling sadly.

“That’s right,” he says. “After my second ablation I was feeling good. We walked down the street and back and I was like: ‘OK, I’m done.’ That was a year-and-a-half ago.”

Pollard had been monitoring his heart for years, the news always good, even as two of his five older siblings were diagnosed with heart failure and given pacemakers and defibrillators. As recently as January 2021 his heart was testing fine, but he caught a virus in March – not Covid, he says – that left him dizzy and gasping for breath. Another round of testing showed he was in heart failure, and the decline has been steady since.

“They’re pretty sure it’s a genetic thing the virus unlocked,” he says. “Same as my dad.”

Waiting for a heart

He’s waiting for a phone call that might never come. Scot Pollard knows the odds of getting a new heart, and he’s done what he can to avoid those odds, from three ablations to getting a pacemaker and defibrillator to medications doctors stopped prescribing years ago because the risk was bigger than the reward.

Down to one option – a heart transplant – he knows what has to happen somewhere else, to someone else.

“It’s an odd situation to sit here and ponder for an undetermined amount of time,” he says. “The surgeon here said it’s like winning the lottery. We might get lucky next week, next month, next year. It might be longer. It’s like Tom Petty says: The waiting is the hardest part.”

Pollard has run into the same problem as his old man, their size shrinking the donor pool. A body this big requires a heart accustomed to providing that kind of power – “I’m not getting a little old lady’s heart,” he says – so he needs a heart from a large man, 6-1 or 6-2 minimum, and his O-positive blood type isn’t helping. Given that organ demand always exceeds supply, having the most common blood type works against him, not for him.

Pollard is working on those odds by registering at three hospitals: Ascension St. Vincent in Indianapolis, and the hospitals at Vanderbilt and the University of Chicago. The more hospitals in the Midwest, the better.

“The donations go regionally,” he says, “and they’re not going to fly a heart anywhere. The heart won’t come to me – I have to go to the heart. Vanderbilt does more (heart transplants) than anyone in the country, and the range typically is a four-hour drive. They accepted me even though it’s five (hours to Nashville).

“I told them my wife will get me there in four if they give me the call.”

Unable to work and often too tired to leave home, Pollard spends most of his days in sweats and a hat around the house, cold from circulatory issues. A good day is television on the couch, a bad day one in bed; he needs back surgery from his playing career, but doctors aren’t sure his current heart could handle the stress. His two sons are in school and his wife is a realtor, leaving Scot at home a lot with Monkey, the family’s bald cat.

“He looks like Mr. Bigglesworth,” Scot says.

Mr. Bigglesworth is Dr. Evil’s pet cat in the “Austin Powers” movie franchise, and Pollard has dabbled in cinema himself. About a decade ago he helped write and produce “The Association,” a movie about life after the NBA that didn’t make it out of the Hollywood morass. Audiences will never get to see Pollard in the starring role, a player based loosely on his own experiences.

“The main character dies of heart failure,” Pollard says. “The player talks about his dad dying, and it turns out he has the same heart issue.”

Pollard pauses. Something has taken his breath, whether the talking or the subject itself. He is his father’s son, the son of Poison, right down to the artwork on his back, and he is pondering a decade-old piece of fiction about a man fighting for his life.

“Unfortunately,” he says, “life is imitating art.”

Find IndyStar columnist Gregg Doyel on Twitter at @GreggDoyelStar or at www.facebook.com/greggdoyelstar.

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How are we already a few weeks into January? The New Year is flying by, and March Madness will be here before we know it. Are you ready for it? 

It’s been a riveting season so far in women’s college basketball. We’ve got a generational player in Caitlin Clark on pace to break the scoring record, unranked teams fighting to make statements and ranked teams trying to hold on for dear life in conference play. 

This weekend, one of the best college basketball coaches of all time is set to break a major record, Clark should inch closer to the scoring record and the two top conferences in the country (the ACC and Pac-12) host games with major postseason implications.

Here are five games to keep an eye on: 

No. 5 UCLA at No. 3 Colorado, Friday, 8 p.m. ET, Pac-12 Network

In what could be a preview of the conference tournament title game, two teams that have legitimate shots at No. 1 seeds will meet in Boulder. The CU Events Center might be the toughest place to play in the Pac-12 given the physical opponent, raucous crowd and 5,430-foot elevation. Buffs point guard Jaylyn Sherrod (13.8 points, 2.6 steals) has the speed to keep up with UCLA guards Kiki Rice (12.9 points) and Londynn Jones (13.3 points), which means the difference might come in the paint. Look for Bruins sophomore post player Lauren Betts (15.6 points, 8.6 rebounds) to have a huge game if UCLA is going to steal a road win. 

No. 4 USC at No. 20 Utah, Friday, 9 p.m., Pac-12 Mountain

The Utes are still smarting from a frustrating home loss to No. 8 Stanford last week, a game with more-than-questionable officiating at the end (Stanford had an obvious shot clock violation that wasn’t called). Can Utah take it out on No. 6 USC and Juju Watkins (26.5 points), currently the frontrunner for national freshman of the year? Or can USC pick up a crucial road win in arguably the best conference in women’s basketball this season? USC beat UCLA last weekend without Rayah Marshall (13.0 points, 10.5 rebounds), the most underrated big in the country. Her return will be key for the Trojans. 

No. 2 Iowa at No. 15 Ohio State, Sunday, 12 p.m., NBC

Caitlin Clark has sold out every Big Ten road game this season, and Sunday’s tilt at the Schottenstein Center will be no exception. The Buckeyes, led by Jacy Sheldon (17.2 points), love to press and run, which means this game will be high-scoring. The conference schedule has been mostly a cakewalk so far for Clark and the Hawkeyes, but Ohio State won’t be intimidated. Iowa’s other perimeter scorers, including Kate Martin (12.3 points) and Molly Davis (5.8 points), will need to put up double-digits to maintain Iowa’s perfect Big Ten record. 

No. 12 Louisville at No. 24 North Carolina, Sunday, 2 p.m., ACC Network

Are the Tar Heels a top 25 team? They’ve jumped in and out of the top 25 throughout the season — and the ACC has seven ranked teams — and dropped a tough one last week to No. 18 Florida State. They have another opportunity to pick up a solid win over the Cardinals, who currently sit atop the conference standings. Five Louisville players average 8.0 points or better, led by Kiki Jefferson (12.2 points), but UNC’s Deja Kelly (15.4 points) is capable of taking over a game at any point. 

Oregon State at No. 8 Stanford, 5 p.m., Sunday, Pac-12 Network

Provided Tara VanDerveer and the Cardinal take care of business, she will become the winningest coach in the history of college basketball with 1,203 wins, surpassing Duke’s Mike Krzyzewski. It’ll be a battle of the bigs, with Stanford’s Cameron Brink (17.4 points, 10.8 rebounds) and Oregon State’s Raegan Beers (19.5 points, 11.9 rebounds) going at it in the paint. This game might come down to whoever can stay out of foul trouble. 

Follow Lindsay Schnell on social media @Lindsay_Schnell

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NEW YORK – A mutual need brought Marcus Stroman and the Yankees together, with optimism replacing any lingering hard feelings.

“I get the chills thinking about my first start at Yankee Stadium,’’ Stroman said Thursday, a day after his two-year, $37 million free agent contract with a vesting option for 2026 was made official.

Maybe this marriage never happens if the Yankees had signed their top rotation target, Yoshinobu Yamamoto, or pulled off a Dylan Cease trade, or somehow convinced Blake Snell – coming off a Cy Young Award season – to take half of what they offered Yamamoto, yet to throw a big-league pitch.

“I think our team overall is going to be a constant evolution,’’ said Yankees GM Brian Cashman, still open to pitching upgrades in 2024, all the way to the Aug. 1 trade deadline.

That speaks to other questions in the Yanks’ rotation, with Nestor Cortes and Carlos Rodon coming off injury-marred seasons and Clarke Schmidt being relied upon more than ever.

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

In the grand scheme, how the Yanks and Stroman got together is less important than how the right-hander might accomplish more than just stabilizing a staff.

“I think we’re capable of definitely having a deep October run,’’ said Stroman. “That’s obviously the goal.’’

Yankees, Marcus Stroman clear the air

Once the Yanks pivoted toward Stroman, with appeal for his high groundball rates and fearless mound demeanor, a few things happened.

Stroman’s social media was suddenly cleared of past posts trolling the Yankees, and Cashman cleared the air in a phone conversation with Stroman.

This trouble dated to September 2019, when Cashman told Yahoo Sports that “we were interested in Stroman but we didn’t think he would be a difference-maker.’’

Traded to the Mets from the Toronto Blue Jays that summer, Stroman followed with a critical Twitter post, comparing his superior pitching stats against the Yankees’ starters.

“It was my bad,’’ Cashman said Thursday, adding that his quote was about Toronto’s asking price.

“For the amount of talent they wanted back, (Stroman) wasn’t going to be enough of a difference-maker,’’ Cashman said. “If I didn’t value the player, I wouldn’t be trying to trade for him.’’

At the time, Cashman apologized to Stroman through Stroman’s then-agent.

Late last month, when the Yankees made their interest known to Stroman’s agent and ex-Mets GM Brodie Van Wagenen, Cashman insisted on phoning Stroman to apologize again.

“I wanted him to hear exactly what transpired and what was intended and not intended,” Cashman said. ‘He didn’t deserve how this was playing out.’’

Ready to thrive at Yankee Stadium

Stroman wasn’t seeking an explanation from Cashman.

“We kind of laughed about it and we moved on,’’ Stroman said of their recent phone conversation. “He let me know how interested he was in me as a pitcher, thought that I was someone that would thrive in the lights and the pressure.

“And I thought it was a perfect fit.’’

Growing up on Long Island as a Yankees fan, Stroman has long felt he’s built for the Bronx.

“I think a lot of guys avoid coming to New York and playing for the Yankees because of that reason,’’ Stroman said of the pressurized atmosphere. “I’m someone who feels it brings out the best in me.’’

Stroman’s fiery nature has also extended to battles on social media. “I’d say I’m misunderstood, for sure,’’ said Stroman, responding to that direct question.

But he’s eager for Yankees fans to watch him compete, “something I do at the highest level,’’ and to tap into Gerrit Cole’s knowledge while blending into the staff.

“I feel like I’m someone who adapts very easily,’’ said Stroman, adding that Cole, captain Aaron Judge, Anthony Rizzo and Anthony Volpe were among the new teammates who’ve already reached out.

Stroman is physically ‘100 percent”

Last season with the Chicago Cubs, Stroman was 9-4 with a 2.28 ERA through June 20 (16 starts) when a hip problem flared up.

On his way back, a rib cage cartilage fracture effectively ended his season after July 31; he made four September appearances, totaling eight innings.

“Physically, I’m ready,’’ said Stroman, having already thrown “four-to-five’’ bullpen sessions in Tampa, Fla., residing 10 minutes from the Yankees spring training headquarters.

Manager Aaron Boone visited Stroman at his home before the signing, and Stroman described the ribcage fracture as fully healed.

Stroman last threw 200 innings in 2017, but he’s averaged 137 innings over the previous two seasons. His contract would become a $55 million, three-year deal if he pitches 140 innings in 2025.

“When I’m healthy, I would put myself up as one of the best pitchers in baseball,’’ said Stroman, adding, ‘I do think the best is still in me.

“I can’t wait and put the pinstripes on. It just couldn’t be a better fit at this point in my career.’’

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