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Moments are temporary. Home videos are forever.

Once upon a time, a four-year-old Texas native was filmed singing the popular Christmas tune, ‘Rudolph the Red-Nosed Reindeer.’ While maybe not a performance worthy of a chair turn on NBC’s ‘The Voice,’ or a ticket to Hollywood on ‘American Idol,’ the future would be kind to this child.

That child would become the Kansas City Chiefs’ three-time Super Bowl MVP quarterback, Patrick Mahomes.

Since seeing is believing, here’s a look at the video.

Patrick Mahomes singing ‘Rudolph the Red-Nosed Reindeer’

In a video recorded on Dec. 25, 1999, Mahomes was in the Christmas spirit, singing an ode to the reindeer who guided Santa’s sleigh. The video might be a little rough around the edges, but that’s just part of the magic that home videos capture.

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While Dasher, Dancer, Prancer, Vixen, Comet, Cupid, Donner, Blitzen and Rudolph have always been known as the famous reindeer, Mahomes is now calling on his Chiefs teammates in a similar role.

There is no naughty or nice list, no big lists of gifts, but just one wish this Christmas for the Chiefs. They want to be champions for a third consecutive season. Playing the Santa spot in K.C.’s offense, Mahomes is ready to deliver in yet another season of success.

Mahomes, now age 29, is singing a new tune.

Now, Pacheco! Now, Hopkins! Now, Worthy and Brown! On, Kelce! On Gray! On, JuJu and Watson!

To the top of the league! To the top of it all! Now win, win and win it all!

This post appeared first on USA TODAY

Gentlemanly is not the operative word as Tyson Fury and Oleksandr Usyk head into their heavyweight rematch Saturday in Saudi Arabia.

‘You ugly, bug-eyed rat bastard,’ Fury shouted at Usyk this week.

That was one the kinder things Fury had to say about Usyk, who in May won their fight by split decision.

‘You got a gift decision,’ Fury roared this week. ‘I’m the man. I’m the (expletive) champion.’

Fact check: Usyk (22-0, 14 KOs) is the three-belt heavyweight champion. (He was stripped of the IBF belt because he did not fight the IBF’s mandatory challenger, Daniel DuBois, while focusing on preparing for this rematch.)

Reality check: It was Fury, not Usyk, who was staggering in the ninth round when he suffered the only knockdown in the first fight — and the first loss of his career.

For Fury (34-1-1, 24 KOs) to regain the right to call himself the champ, the 6-foot-9 Brit will have to do a better job of exploiting his six-inch height advantage over Usyk, the 6-3 Ukrainian. Less clowning and more punching also would serve him well.

Daniel Lapin vs Dylan Colin, light heavyweight

Round 1: The 6-6 Lapin noticeably taller than the 6-1 Colin. Looks like more than a five-inch difference to me, and Lapin connects with a left early. Colin trying to dart inside and close the gap, but Lapin effectively keeps him at bay with the long left and jab. Lapin 10, Colin 9.  

Round 2: Lapin now using his right hand, too. Making Colin pay every time Colin dares to approach. Colin throws a fierce right that comes up well short and therein lies his fundamental problem. Can he close the distance? Colin throws another overhand right that misses and Lapin fires back. Lapin 20, Colin 18.

Round 3: Lapin showing good footwork, which is making him even tougher for Colin to reach. Lapin showing a lack of aggression. To this point, he simply hasn’t needed it. But he fires a snapping left as he maintains control of the fight. Lapin 30, Colin 27.

Round 4: Has Lapin lost weight between rounds? Man, this dude is skinny. But there’s pop in those punches. Colin charges in but can’t connect before he wisely backpedals. Colin finally connects at short range, but Lapin quickly regains control behind his stinging left. Lapin 40, Colin 36.

Round 5: I’d be remiss not to mention Lapin’s braids. His hairstylist deserves a nod. Colin’s sporting a buzzcut and showing more aggression. Colin clearly knows he’s going to have to close the gap to reach Lapin, who ends the round by tagging Colin with another left. Lapin 50, Colin 45.

Round 6: Some matador work here from Lapin, who’s sidestepping the bullish Colin. Then Lapin nails him with a left and Colin’s knee appears to hit the canvas. But the referee does not rule it a knockdown. Colin landing more punches, but Lapin still in control. Lapin 60, Colin 54.

Round 7: Lapin has taken no chances and hard to imagine he will now that he’s comfortably ahead on the scorecards. Lapin just capitalizing on his height advantage with a steady diet of jabs and, when Colin darts in, lefts. Lapin 70, Colin 63.

Round 8: Lapin showboats for a moment and attacks. The controlled fight now features some slugging. Lapin pops Colin with a right hook when Colin attempts to close the gap. Colin doing his best to charge in closer to Lapin, who fights off his opponent with that left. Lapin 80, Colin 72. 

Andrii Novytskyi def. Edgar Ramirez by unanimous decision

It was a fit Novytskyi versus a flabby Ramirez, and the 10-round  heavyweight fight ended with an lopsided outcome on the judge’s scorecards.

Novytskyi, who improved to 14-0, defended his WBC International heavyweight title by landing a succession of jabs and staying on the move. Ramirez showed aggression in the later rounds, but it was not nearly enough to sway the judges.

They scored it 100-90, 100-90 and 98-92 in favor of Novytskyi, the 6-6 Ukrainian. Ramirez of Mexico fell to 10-2-1. 

Underway: Andrii Novytskyi vs Edgar Ramirez, heavyweight

Round 8: Novytskyi looks increasingly lackluster, even as he lands a right. Ramirez throwing and landing with far more force. Novytskyi 77, Ramirez 75. 

Round 9: Novytskyi throwing with both hands, but not snap in those punches. Ramirez looks low on gas after some impressive late rounds. It’s more stick-and-move from Novytskyi, who’s the more active fighter. Novytskyi 87, Ramirez 84.

Round 10: Novytskyi out with more energy that we’ve seen. Active hands foiling Ramirez. Big swing and a miss by Ramirez with a left hook. Throws an overhand right that misses and eats a left. What Novytskyi lacks in power, he’s making up for with activity and accuracy. Novytskyi 97, Ramirez 93. 

When is Tyson Fury vs. Oleksandr Usyk?

Fury vs. Usyk 2 is Saturday, Dec. 21.

What time is Tyson Fury vs. Oleksandr Usyk?

The main card starts at noon ET. Fury and Usyk are expected to fight at about 6 p.m. ET.

Where is Tyson Fury vs. Oleksandr Usyk?

The Fury vs. Usyk rematch will take place at Kingdom Arena in Riyadh, Saudi Arabia.

How to watch Fury vs. Usyk? 

DAZN will broadcast the Fury-Usyk fight. Pay-per-view fee is $39.99.

Fury vs. Usyk card 

Oleksandr Usyk vs. Tyson Fury, heavyweight. For Usyk’s WBA, WBC and WBO titles 

Serhii Bohachuk vs. Ishmael Davis, light middleweight 

Moses Itauma vs. Demsey McKean, heavyweight 

Johnny Fisher vs. Dave Allen, heavyweight 

Peter McGrail vs. Rhys Edwards, super featherweight  

Isaac Lowe vs. Lee McGregor, featherweight 

Daniel Lapin vs. Dylan Colin, light-heavyweight 

Andrii Novytskyi vs. Edgar Ramirez; heavyweight 

Round 1: Ramirez looks noticeably flabby compared to the fit Novytski. Will it make a difference? Novytski active early, firing the jab. Ramirez throws and overhand right that misses, but he’s in the fight. Novytskyi 10, Ramirez 9. 

Round 2: Novytskyi connects with an uppercut and follows up with a jab and a right. Ramirez eats the punches as if there part of the buffet and looks sluggish. Ramirez charges forward but has yet to connect with any authority. Novtskyi 20, Ramirez 18.

Round 3: Ramirez the aggressor and finally connects with a right. But Novytskyi generally in control behind his jab, which has set up his other punches, and nice footwork. Ramirez shows more energy and lands a few notable punches. Novytskyi 30, Ramirez 27.

Round 4: Ramirez shows a burst of speed and power, but he’s struggling to maintain momentum. Novytskyi looks in control, but he’s still backpedaling as Ramirez maintains the role of aggressor. Who won the round? A coin-toss moment. Novytskyi 40, Ramirez 36.

Round 5: Novytskyi comes out with the same safe, methodical and, so far, effective approach. Ramirez throwing punches but nothing notable lands. Novytskyi looks increasingly cautious, with Ramirez showing more aggression. Novytskyi 49, Ramirez 46.

Round 6: Novytskyi still looking content throwing an effective jab that lacks force. No real power at all, although he’s agility has kept him in control and quickness. Ramirez lands rights to the body and head but his overall accuracy is lacking. Novytskyi 59, Ramirez 55.  

Round 7: Novytskyi unleashes a early flurry that lands. Ramirez responds with a right to the head and goes on the attack. He lands a left jab and follows with a body shot. Novytskyi 68, Ramirez 65.

Mohammed Alakel def. Joshua Ocampo by unanimous decision

Ocampo entered the right wearing a T-shirt with lettering across the front that read, “Never Give Up.’’ But not might be time to reconsider.

Ocampo, the 31-year-old Colombian, lost for the 32nd time in 33 fights. His opponent, Saudi Arabia’s Alakel, looked surprisingly polished in his second pro fight, a six-round lightweight bout.

The lanky Alakel (2-0) dominated Ocampo (8-34-5) with a variety of punches with noticeable snap and speed.

All three judges scored the fight 60-53 in Alakel’s favor.

This post appeared first on USA TODAY

Indiana’s Cinderella season under first-year coach Curt Cignetti came to an end Friday night, with the 10th-seeded Hoosiers falling at No. 7 seed Notre Dame in the first on-campus College Football Playoff game.

While Indiana did commit some mistakes in the 27-17 loss — notably an interception at the 2-yard line that resulted in a Jeremiyah Love 98-yard touchdown — the final outcome was largely a result of being out-played and out-manned by the Fighting Irish.

There was a moment in the fourth quarter, however, that raised questions among fans watching the game. Facing fourth-and-11 at the Notre Dame 48 and trailing 20-3, Cignetti elected to punt the ball back to the Fighting Irish, despite there being only 10:34 left of game clock.

ESPN announcers Sean McDonough and Greg McElroy were confused at Cignetti’s decision as they called the play in real time.

Speaking to reporters after the game, Cignetti said he ‘didn’t want to punt,’ but that he couldn’t rationalize going for it on fourth-and-11 based on what his offense had done to that point.

‘I didn’t want to punt. But we were doing nothing on offense. And our defense was fighting. That was the only positive, really, that I could draw, was that our defense was still fighting,’ Cignetti said. ‘Because offense was doing nothing. And I didn’t want to go fourth-and-10, because you’re just wishing and hoping: You have nothing to base it on that you can convert fourth-and-10 at that point.’

Cignetti added that there was still time to win the game with a punt. Indeed, the Hoosiers were able to score two touchdowns in the final 4:32 of the game — but those scores were largely rendered moot after Notre Dame took said punt and went on to score a touchdown to extend its lead to 27-3 while eating 5:44 off the game clock.

Here’s Cignetti’s full response:

The Indiana offense finished the game with 278 total yards, 17 first downs and a paltry 4-of-12 third-down conversion rate.

The Hoosiers also finished 1-for-1 on fourth down — though it occurred on fourth-and-1 at the Notre Dame 37-yard line with 47 seconds remaining in the game.

This post appeared first on USA TODAY

Colorado head coach Deion Sanders issued a warning to NFL teams Friday − don’t draft Heisman Trophy winner Travis Hunter if you won’t let him play both ways.

Sanders said this on ‘The Rich Eisen Show’ Friday and also hinted that a contract extension is in the works that could keep him at Colorado for the long term.

In Hunter’s case, Sanders even said Hunter could leverage the fact that he could return to Colorado for another year of college football next season if NFL teams don’t give him assurances he can play both cornerback and receiver.

“He’s gonna do that (play both ways), or they shouldn’t draft him,” Sanders told Eisen. “Don’t do that. And I’m gonna make sure of that. Don’t draft him if you’re not gonna give him the opportunity to play on both sides of the ball. Now, you can be creative. He don’t have to do what we did with him here and play every snap.”

Hunter told USA TODAY Sports last month in a media Zoom call that he was “definitely” turning pro after this season even though he has another year of college eligibility left. Sanders on Friday said that year could be used as a bargaining chip. Hunter is intent on playing both offense and defense in the NFL even if teams might view it as increasing his risk of injury after investing millions of dollars in him.

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“It’s gonna be abundantly clear that this is what he wants,” Sanders said. “This is who he is, and it’s not gonna work unless you entertain this and give him an assurance that this is what’s gonna happen. You gotta understand: Travis Hunter has another year of eligibility. So if you start the foolishness, he can do that.”

Contract extension for Deion Sanders?

As his team prepares to face BYU in the Alamo Bowl on Dec. 28, Sanders has been setting the table for his future at Colorado. That includes signing potential successors to his son Shedeur at quarterback. After bringing in high school quarterback prospect Julian Lewis, Sanders also recently got a commitment from Kaidon Salter, a transfer quarterback from Liberty with one year of eligibility left.  

It’s not likely they’d have decided to come to Boulder without Sanders planning to stick around. Yet speculation has persisted that Sanders might be a “package deal” to coach in the NFL with Shedeur as his quarterback. Sanders dismissed that when asked about it by Eisen. He also hinted at a contract extension at Colorado. His current contract runs through 2027.

“I’m confident that we’re gonna get something done to keep me here so that we can bring this wonderful city a national championship,” Sanders told Eisen.

Looking out the window from his office in Boulder, Sanders said he wanted to establish a legacy that would merit chiseling his face into the mountains there like the presidents at Mount Rushmore.

“I want to see a Black face on this white snow out there,” Sanders said with a laugh.

Deion Sanders said Heisman voting was too close

Hunter won the Heisman last weekend by the slimmest margin since 2009 − 214 points over Boise State running back Ashton Jeanty, who’s rushed for 2,497 yards this season.

Sanders said on the ‘Colorado Football Coaches Show’ Thursday that nothing compares to what Hunter did this year as an elite player on both sides of the ball who seldom came off the field.

“I’m sick of being nice to everybody,” Sanders said. “And first of all, it was too close. C’mon man. We’ve seen all the other stuff before. What everybody else did that was there (at the Heisman ceremony), we’ve seen that before. We ain’t never seen this before. So how can it even be close? That’s the kind of stuff that make me mad.”

The show’s host, Mark Johnson, noted that “29 players have rushed for over 2,000 yards. We’ve seen that.”

“Thank you,” Sanders replied.

“And that’s taking nothing away from the young man (Jeanty) who was phenomenal this season,” Johnson said.

“Thank you,” Sanders said.

Follow reporter Brent Schrotenboer @Schrotenboer. Email: bschrotenb@usatoday.com

This post appeared first on USA TODAY

The Diontae Johnson experience is over in Baltimore after four games, one catch and a suspension for what the Ravens said was refusing to enter a game.

The Ravens waived the sixth-year wide receiver Friday morning and activated wideout Anthony Miller from the practice squad to take his spot.

Baltimore had acquired Johnson via trade from Carolina on Oct. 29. The Ravens sent a fifth-round pick in the 2025 NFL draft to the Panthers in exchange for Johnson and a sixth-round selection.

Johnson was suspended for Baltimore’s Week 15 game against the New York Giants for conduct detrimental to the team.

‘We have made the difficult decision to suspend Diontae Johnson for our upcoming game against the New York Giants for conduct detrimental to the team,’ Ravens general manager Eric DeCosta said in a statement at the time. ‘Diontae’s suspension stems from refusing to enter our game against the Philadelphia Eagles.’

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Since Johnson has accrued more than four NFL seasons, he is officially released and can sign with any team immediately. He does not need to go through the waiver claim process before signing with a team of his choice.

Johnson made the Pro Bowl in 2021 with the Pittsburgh Steelers. Carolina acquired him in a trade during the offseason, sending cornerback Donte Jackson and a sixth-round pick to the Steelers in return for Johnson and a seventh-round pick.

In 11 games this season (eight starts), Johnson has 31 catches for 363 yards and three touchdowns on 63 targets.

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Donald Trump will not be president of the United States for another month, at least not literally. Yet, his recent victory in the battle of the budget shows that, for all intents and purposes, he is already the nation’s leader, and not a moment too soon.

In the space of just a few days, Trump’s pressure on the Congress, including siccing his Department of Government Efficiency (DOGE) attack dogs Elon Musk and Vivek Ramaswamy on reckless spending, turned a 1,500 page monstrosity of a bill into a slim 120-page banger of basic necessities, including disaster relief and help for farmers.

Prior to the intervention by Trump, it looked for all the world like House Speaker Mike Johnson would stuff the Democrats’ stockings with pork and goodies to ensure that a shutdown did not mar next month’s inauguration.

Johnson believed that enough Republicans would simply sigh and go along with the continuing resolution that he negotiated with the Democrats, and there was some logic to allowing sleeping dogs to lie until Trump takes over 1600 Pennsylvania Avenue and Republicans take the senate in January.

But a funny thing happened on the way to the bill’s passage. At Trump’s behest, Musk and Ramaswamy began posting on X all the deep flaws of the legislation, and there were some doozies.

For example, the bill had continued funding for the State Department’s Global Engagement Center, an organization that seems to exist only to promote online censorship of conservatives under the guise of fighting so-called misinformation.

The bill also contained a self-serving pay hike for lawmakers, as well as billions to be spent on pet projects all over the country.

Within hours of the torrent of posts from the dynamic duo of DOGE, the American people began to wake up to what was in the bill and object. A trickle of GOP lawmakers flipped from yes to no on the bill, and with that, the stage was set for our soon-to-be commander in chief.

With the target softened, Trump tore into the bill, going so far as to threaten lawmakers who voted for it with primary challenges. Trump even indicated that Johnson’s speakership could be in doubt if he did not get in line.

And that was it. Ding dong the bill was dead, and the American people dodged, or should we say, ‘Doged,’ a bullet. By Friday night, the cleaner and leaner bill passed the House and a shutdown was averted.

Guess who played no role whatsoever in getting all of this done? That’s right, Joe Biden. You remember him, he’s the president of the United States, or at least that’s what it says on his business cards.

You would have an easier time finding Waldo in a candy cane factory than finding Grandpa Joe’s fingerprints anywhere on this historic deal. 

Former GOP Speaker of the House, Newt Gingrich knows a thing or two about how the congressional sausage gets made, and here is what he had to say on X:

‘Shrinking the continuing resolution from 1,547 pages to 118 pages is a major victory for President Trump and shows that the election did matter and he is really the de facto President while President Biden was absent and passive. A good start to real change in Washington!’

It was fascinating how people all week tried to paint the budget mess as Republicans in disarray with House members defying Trump and looming trouble between Trump and Musk. Yet, when the dust settled, we had shed 1,400 pages of blundering B.S. with nary a peep from Biden.

Trump’s first term as president, though a success in many ways, was marred by Democrats’ incessant and absurd investigations into nothing, but also, in fairness, by a bit of naïveté from Trump himself.

Trump was new to Washington and its mendacious machinations in 2017, but not anymore. Today, like a seasoned veteran, he is not only poised to lead the nation, let’s face it, he is already doing it.

Make no mistake, this fight was a risk. A shutdown could have blunted the sweeping sense of optimism across America after the election. But with risk comes reward and today, having slayed the dragon of out-of-control spending, that optimism is only set to grow.

That is what leaders do, they take risks to make life better, and they show up and explain themselves. We haven’t had that kind of leadership in four long years. 

Since Jan. 20, 2021, nobody has been very clear about who is actually running the country. Well, that is about to change. On Jan. 20 of next year, there will be no doubt, the country will be led squarely by Donald J. Trump. That is, if it isn’t already.

This post appeared first on FOX NEWS

To most people, it was a garbage-time touchdown. However, for Anthony Rubio and and the Florida Gators, it was extremely significant.

Rubio, the son of Florida Senator Marco Rubio, is a walk-on running back on the Gators’ roster and scored a touchdown with a little over a minute remaining in Florida’s 33-8 victory over Tulane in the Gasparilla Bowl .

After the 5-foot-9, 173-pound running back broke the end zone plane, the entire Florida sideline erupted in celebration, resulting in a 15-yard unsportsmanlike penalty on the Gators. But with the game in hand, Florida was not concerned about the penalty. What mattered was the touchdown scored by the walk-on redshirt freshman.

Rubio finished with six rushes for 32 yards and the touchdown in his first career collegiate game. Rubio joined the Gators as a walk-on last year and did not see any action during the 2023 season. He finally debuted against the Green Wave on Friday and capped his day with a nine-yard touchdown run to give Florida a 33-0 lead.

The unsportsmanlike conduct did give Tulane a chance to get on the scoreboard, as the penalty moved the ball to the Green Wave’s 45-yard line and gave them a shorter field.

Rubio attended Belen Jesuit in Miami and followed his father’s footsteps by attending UF. The elder Rubio played college football for a year on a scholarship at Tarkio College in Missouri.

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A pro-tech advocacy group has released a new report warning of the growing threat posed by China’s artificial intelligence technology and its open-source approach that could threaten the national and economic security of the United States.

The report, published by American Edge Project, states that ‘China is rapidly advancing its own open-source ecosystem as an alternative to American technology and using it as a Trojan horse to implant its CCP values into global infrastructure.’

‘Their progress is both significant and concerning: Chinese-developed open-source AI tools are already outperforming Western models on key benchmarks, while operating at dramatically lower costs, accelerating global adoption. Through its Belt and Road Initiative (BRI), which spans more than 155 countries on four continents, and its Digital Silk Road (DSR), China is exporting its technology worldwide, fostering increased global dependence, undermining democratic norms, and threatening U.S. leadership and global security.’

The report outlines how Chinese AI models censor historical events that could paint China in a bad light, deny or minimize human rights abuses, and filter criticism of Chinese political leaders.

‘China is executing an ambitious $1.4 trillion plan to dominate global technology by 2030, with open-source systems as the cornerstone of its AI strategy,’ the report states. ‘While many Western companies focus on paid, proprietary AI models, China is aggressively promoting free and low-cost alternatives to drive rapid global adoption.’

The report continues, ‘By making much of its AI technology freely accessible, Beijing aims to ensure its systems and standards become embedded in the world’s financial, manufacturing and communications backbone. Through coordinated action between government and industry, China is working to reshape the global technology landscape while programming CCP values and control mechanisms into critical systems worldwide.’

The report explains that China is ‘racing’ to deploy AI while the United States is bogged down on prioritizing AI regulation.

‘While American and European governments focus on regulating AI, China is aggressively pushing its AI systems into global markets,’ the report states, adding that, ‘This playbook mirrors China’s successful strategy with 5G technology, where Huawei gained dominant market share through aggressive pricing and rapid deployment before Western nations could respond effectively. Now in AI, one Chinese firm alone, Alibaba Cloud, has released over 100 open-source models in 29 different languages, flooding global markets while Western companies must navigate increasingly complex regulatory requirements.’

The report lays out the differences between China and U.S. AI model responses and provides policy recommendations to ‘preserve U.S. AI leadership,’ which includes seizing the ‘historic opportunity to secure lasting American AI leadership’ and avoiding ‘unilateral restrictions on exporting and access to U.S. AI systems.

‘If America loses the global race to dominate both open-source and closed-source AI technology, authoritarian Chinese systems will write the future, and Washington policymakers can’t let that happen,’ Doug Kelly, CEO of the American Edge Project, told Fox News Digital. 

The report concludes that ‘the implications of Chinese leadership in global AI development are profound.’

‘A world of unchecked, Beijing-built AI ecosystems would be a major blow to the U.S. and to humanity writ large,’ the Center for New American Security says in the report. ‘If Chinese AI goes global, so too will brazen non-compliance with international agreements on the technology.’

This post appeared first on FOX NEWS

After staying in the green following a sharp rebound the week before this one, the markets finally succumbed to selling pressure after failing to cross above crucial resistance levels. The Nifty stayed under strong selling pressure over the past five sessions and violated key support levels on the daily charts. The range remained wider on the anticipated lines; the Nifty traded in a wide 1243-points range over the past days. Volatility shot up as well; the India VIX surged 15.48% higher to 15.07 on a weekly basis. Following a weak performance, the headline index closed with a weekly loss of 1180.80 points (-4.77%).

Over the past few days, the Nifty has shown many technical events highlighting the importance of some key levels. The Index resisted the 100-DMA for several days and the 20-week MA for some time; this highlights the importance of these levels as key resistance points for the markets. In the process, the Nifty closed below the key 200-DMA, placed at 23834 while dragging the resistance points lower. The Nifty has also closed a notch above the crucial 50-week MA level placed at 23530. The markets had staged a mosterous rebound when this level was tested before. The Nifty’s behavior against the level of 50-week MA would determine the trajectory not just for the coming week but also for the immediate near term as well.

Next week is truncated, with the Christmas holiday on Wednesday. Expect a tepid start to the week on Monday. The levels of 23750 and 23830 would act as potential resistance points. The supports come in at the 23500 and 23285 levels on the lower side.

The weekly RSI is 44.41; it stays neutral and does not show any divergence against the price. The weekly MACD is bearish and stays below its signal line. The widening Histogram hints at accelerated downside momentum. A large black candle occurring at the 20-week MA adds to the credibility of this level as a major resistance area for the markets.

The pattern analysis of the weekly charts shows that after completing the painful mean reversion process, the Nifty staged a strong technical rebound after it took support at the 50-week MA. The Index resisted at the 100-DMA and the 20-week MA, which are close to each other. The intense selling pressure over the coming week has seen the Nifty almost retesting the 50-week MA by closing just a notch above this point. The Nifty must keep its head above this crucial support level to keep its primary uptrend intact. If this level gets meaningfully violated, we might be in for a prolonged intermediate trend over the coming weeks.

Even if the trend remains weak and the downtrend continues, a modest technical rebound cannot be ruled out. However, it would still keep the markets under corrective retracement unless a few key levels are taken out on the upside. It is strongly recommended that leveraged exposures be kept at modest levels. All new exposures must be highly selective, and all gains, even modest ones, must be guarded very carefully. It is also recommended that one not rush in to shorten the markets so long as they are above 50-week MA, as there is a possibility of a modest technical rebound. A highly selective and careful approach is advised for the coming week.

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.

Relative Rotation Graphs (RRG) show Nifty Bank, Financial Services, Services Sector, and the IT indices inside the leading quadrant. These sectors are likely to outperform the broader markets relatively.

The Nifty Pharma Index is inside the weakening quadrant. The Midcap 100 Index is also inside the weakening quadrant but is improving its relative momentum.

The Nifty Media, Energy, Commodities, Auto, and FMCG indices continue to lag inside the lagging quadrant. The Consumption Index has rolled inside the lagging quadrant as well. These groups are likely to underperform the broader Nifty 500 Index relatively. The Nifty PSE Index is also inside the lagging quadrant but is improving its relative momentum against broader markets.

The Infrastructure Index has rolled inside the improving quadrant and is likely to begin its phase of relative outperformance. The Realty and the PSU Bank Indices are also inside the improving quadrant. The Metal Index, also inside the improving quadrant, is sharply giving up on its relative momentum.

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

Nick Saban and his Alabama football team took down Ryan Day and Ohio State in the 2021 national championship game.

However, ahead of the 2024 College Football Playoff run for the No. 8 Buckeyes (10-2), Saban came to the defense of the embattled coach. Ohio State hosts No. 9 Tennessee (10-2) on Saturday at Ohio Stadium with a chance to make a deep playoff run.

But there has been a ton of negativity in the Buckeyes’ fanbase after an ugly 13-10 loss to archrival Michigan in ‘The Game’ to end the regular season. As a result of the loss, Ohio State did not play in the Big Ten championship game and didn’t get a chance at a first-round bye by winning the conference.

Saban delivered a message to Buckeyes fans during ESPN’s ‘College GameDay’ segment, urging them to support Day and help him win Ohio State’s first national championship since 2014 under Urban Meyer.

‘They have an opportunity to win the national championship,’ Saban said on ‘GameDay.’ ‘Everybody oughta be supporting the hell outta them so they have the best opportunity to do it and quit all this negative bull(expletive).’

Saban also praised how Day, who has a 66-10 record with the Buckeyes, has coached Ohio State. Day is just 1-4 against Michigan.

‘Every coach has to define how he wants to do it and I have a lot of respect for Ryan Day and how he’s tried to do it,’ Saban said. ‘For me, I always wanted to get every player in the organization to reach his full potential. So it wasn’t so much about the outcome. It was about what you had to do to make everyone better.’

‘But a big part of that was insulating the players from external factors: criticism, internet. I used to tell the players all the time, ‘Why do you care about what some guy puts on the internet, who is a fat guy in his underwear living in his mother’s basement?”

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