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Has it been a while since the broader market indexes closed in the green? It certainly seems that way.

After what looked like a weak start to the new year, the stock market showed us it still had legs. The week’s trading day ended with the broader stock market indexes all closing in the green. But in the first half hour of the trading day, things didn’t look great. There was a lot of choppy movement, but it settled down and went higher and finished strong. Nine of the 11 S&P sectors closed higher with Consumer Discretionary at the top (more on that below).

Friday was the last day of the Santa Claus Rally. While Santa skipped Wall St. this year, Friday’s price action in the S&P 500 ($SPX) left investors optimistic. The S&P 500 was able to hold on to its November lows (see the daily chart of S&P 500 below), which is an encouraging sign. But we’re not out of the woods yet.

FIGURE 1. S&P 500 HOLDS ABOVE NOVEMBER LOWS. Friday’s price action was encouraging but increasing breadth would be more confirming of a turnaround.Chart source: StockCharts.com. For educational purposes.

Thursday’s price action was nerve-wracking — there was a time when the index was trading below its November lows. Fortunately, it recovered and closed a little above it. Friday’s close was encouraging, with the S&P 500 gaining 1.26%, hitting resistance at its 50-day simple moving average (SMA). But the market breadth indicators in the lower panels need to be stronger. The S&P 500 Bullish Percent Index is at 41, the NYSE Advance-Decline Line is declining, and the percentage of S&P 500 stocks trading above their 200-day moving average is 56.

Friday’s MarketCarpet based on the performance of the S&P 500 shows that heavy-weighted large caps such as NVIDIA Corp. (NVDA), Microsoft Corp. (MSFT), Alphabet Inc. (GOOG and GOOGL), Meta Platforms (META), and Tesla Inc. (TSLA) ended the day higher.

FIGURE 2. MARKETCARPET FOR JANUARY 3. Most of the higher market cap stocks closed higher on Friday.Image source: StockCharts.com. For educational purposes.

TSLA had a massive move rising 8.10% closing the gap between December 31 and January 2. TSLA is a stock to monitor, especially since it has a deep connection with the new administration set to take office on January 20. The stock bounced on Friday after five down days.

NVDA’s stock price also had an impressive rally on Friday after consolidating since early November. These two stocks, TSLA and NVDA, helped the Consumer Discretionary and Technology sectors take the top two positions in Friday’s sector performance.

Overall, Friday’s price action was a ray of hope that perhaps the January Barometer  — as the S&P 500 goes in January, so goes the year — might be the one out of the trifecta that can come through. The January Barometer was devised by Yale Hirsch and has an 83.3% accuracy rate.

Steel, Beer, and Used Cars

While many tech stocks saw big gains, it wasn’t the same for US Steel Group (X). President Biden blocked the takeover of the company by Nippon Steel, resulting in a 6.53% drop in the price of X.

Alcoholic beverage companies didn’t have a great day either after US Surgeon General, Vivek Murthy, said alcoholic drinks should include cancer risk warnings on their labels. Shares of Anheuser-Busch InBev (BUD), Molson Coors Brewing Co. (TAP), Boston Beer Co. (SAM), and Constellation Brands (STZ) all fell on Friday.

Shares of Carvana (CVNA) fell over 11% after Hindenberg Research accused the company of accounting manipulation. Although Carvana denied the allegations and the stock received an upgrade from J.P. Morgan analysts, it didn’t help lift the stock price. CVNA’s stock price fell 17.53% (see chart below).

FIGURE 3. WEEKLY CHART OF CVNA STOCK. Two sets of Fibonacci retracement levels are drawn on the chart, one from a previous high to low (blue) and another from a more recent low to high (red).Chart source: StockCharts.com. For educational purposes.

Carvana had a high StockCharts Technical Rank (SCTR) score, and we’ve covered the stock in our past SCTR Reports. Once the SCTR score fell below the 90 level on December 23, it raised a red flag. Combine that with a break below the 61.8% Fibonacci retracement from a previous high to low (blue line) and a relative strength index below 70 and you have a clear sell signal.

It will be interesting to see how this story develops. If things clear up and CVNA can show that it didn’t engage in accounting manipulations, the stock price could turn around and rise quickly.

Yields, US Dollar, Oil

The bond market had a choppy day. The 10-year yield closed at 4.596%, which hurt bond prices. The US dollar surged on Thursday but pulled back a bit on Friday. The chart of the Invesco DB US Dollar Index Bullish Fund (UUP) displays that Friday’s price action was within Thursday’s range. There’s no sign of a weakness in the US dollar, which continues to remain strong.

FIGURE 4. DAILY CHART OF INVESCO DB US DOLLAR INDEX BULLISH FUND. The dollar has been rising steadily since October.Chart source: StockCharts.com. For educational purposes.

Crude oil prices rose today. The United States Oil Fund (USO) was up 1.83% on Thursday and up 1.29% on Friday. Oil prices have been going sideways since October but recent price action shows that it may be breaking out of its slump.

For a short trading week, that’s a lot of moving parts. Although stocks closed higher on Friday, there’s still not enough clarity on the charts to show a reversal. Next week could tell a different story.

End-of-Week Wrap-Up

S&P 500 down 0.48% for the week, at 5942.47, Dow Jones Industrial Average down 0.60% for the week at 42,732.13; Nasdaq Composite down 0.51% for the week at 19,621.68$VIX up 1.13% for the week, closing at 16.13Best performing sector for the week: EnergyWorst performing sector for the week: MaterialsTop 5 Large Cap SCTR stocks: Applovin Corp. (APP); Palantir Technologies (PLTR); Reddit Inc. (RDDT); Astera Labs, Inc. (ALAB); MicroStrategy Inc. (MSTR)

On the Radar Next Week

December PMINovember Factory OrdersNovember JOLTS ReportDecember ISM ServicesDecember Non-Farm PayrollsFOMC MinutesFed speeches from Cook, Barkin, Schmid, and Bowman

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.

In this video, Mary Ellen analyzes the divergence between the S&P 500 and the Nasdaq while highlighting some of the areas driving Growth stocks. She also talks about the continuation rally in Energy and Utility stocks and shares which stocks are driving these areas higher.

This video originally premiered January 3, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

Texas football will return a key part of its program for the College Football Playoff semifinal at the Cotton Bowl.

And no, it’s not a player or coach.

Texas’ live mascot, Bevo, will make his first appearance at a CFP game this season as he was previously barred from attending the Longhorns’ Peach Bowl game against Arizona State, as Mercedes-Benz Stadium in Atlanta cited room in the facility as a concern.

Bevo was also not allowed to attend the SEC championship game, which was at the same location as the Peach Bowl.

Bevo was a part of a notable storyline between Texas and Georgia at the SEC championship game, as the two programs’ last matchup before Texas joined the SEC was at the 2019 Sugar Bowl, when Bevo charged at Uga, Georgia’s live bulldog mascot.

The SEC, of course, didn’t want history to repeat itself in that instance.

Texas hopes to use Bevo’s legendary powers to propel it to victory and a national championship berth when it faces Ohio State on Jan. 10.

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Colorado coach Jared Bednar was upset that the Buffalo Sabres were allowed to score while Avalanche goalie Scott Wedgewood was lying injured in the net, calling the decision ‘insanity.’

Colorado’s Parker Kelly had tangled with Buffalo’s Zach Benson, who fell onto the back of Wedgewood’s leg in Thursday’s game. The Sabres retrieved the loose puck and Benson scored on a wraparound.

Bednar challenged for goalie interference ‘to give (officials) another chance to do the right thing’ and was overruled.

‘The referees said it wasn’t blown because we put their guy into Scott,” he told reporters after the game. “I said I don’t give a (expletive). He’s hurt.”

Bednar said referees blow the whistle to stop play “all the time for (injured) regular players because of player safety” and cited several examples from recent games.

“For them to just let it go and then allow the goal is insanity to me,” he said. “It’s a player safety thing.”

There’s precedent for allowing the goal. In the 2019 playoffs, Dallas Stars goalie Ben Bishop dropped to the ice after being hit in the collarbone by a shot. The St. Louis Blues maintained possession of the puck and scored against the motionless goalie.

The applicable rule is 8.1, which states: ‘When a player is injured so that he cannot continue to play or go to his bench, the play shall not be stopped until the injured player’s team has secured control of the puck. If the player’s team is in control of the puck at the time of injury, play shall be stopped immediately unless his team is in a scoring position.’

Colorado never got control of the puck, but Bednar said officials never follow the rule. He said the play should have been blown dead as soon as the puck went to the corner because it was clear the goalie was hurt and wasn’t going to get up.

“If they (the Sabres) would have loaded up (Rasmus) Dahlin for a one-timer for a 105 mph slap shot, they’re going to just let it (expletive) happen with our goalie down in the net? You can’t do it.”

Bednar said he expected to get a call from the league about his postgame criticism.

The Avalanche killed off the penalty for an unsuccessful challenge and rallied to win 6-5 in overtime.

Wedgewood was acquired in November as the Avalanche remade their goaltending with two trades. Though he was able to recover quickly from a leg injury earlier in his career, Bednar said Friday that he expects the goalie will be out week-to-week.

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Boise State football offensive coordinator Dirk Koetter, a 42-year coaching veteran, announced he’s stepping away from the game on Thursday night via Facebook.

Koetter will be replaced by Broncos co-offensive coordinator Nate Potter, according to multiple reports.

The longtime college football and NFL coach cited numerous reasons as to why he might be leaving his position, although he didn’t explicitly state a specific cause. Koetter, 65, was in his first season as Boise State’s offensive coordinator and helped lead the Broncos to a No. 3 seed and CFP quarterfinals appearance before falling to Penn State.

Koetter previously served as the head coach at Boise State from 1998-2000 and Arizona State from 2001-06 before making the jump to the NFL as an offensive coordinator. He called plays for the Jaguars, Falcons and Buccaneers before being named Tampa Bay’s head coach in 2016, a position he held until 2018.

Koetter was then the Falcons’ offensive coordinator from 2019-20 before originally retiring from coaching and returning as an offensive analyst for the Broncos in 2022.

Here’s why Koetter is stepping down:

Why is Dirk Koetter retiring?

Koetter, upon announcing he’s stepping away from coaching, cited numerous concerns with the current age of college football, despite not explicitly stating the reasoning for his decision.

In a post to his Facebook page, Koetter noted realignment, name, image and likeness, the transfer portal and lack of a college football governing body as things changing in the sport he disagrees with.

‘College football is changing rapidly and maybe not for the better,’ Koetter wrote. ‘Conference realignment, roster limitations, transfer portal, NIL, lack of a governing body with any power are all issues that have to be dealt with.’

Koetter also asked for Boise State fans to donate to ‘The Horseshoe Collective,’ so it can have a better chance at retaining players who he said are getting offered huge NIL deals to transfer to another school.

‘We are behind right now in the NIL game,’ he wrote. ‘Our best players are getting offered between 2 and 10 times what we can offer. We are losing recruits in the portal to schools that are just flat outbidding us. … Money is an issue.’

Koetter is expected to stay on the staff in a different role, according to ESPN’s Pete Thamel.

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House Speaker Mike Johnson, R-La., narrowly held onto the gavel in a nail-biter vote on Friday afternoon. 

Republicans eager to swear in President-elect Trump later this month and capitalize on their control of the House, Senate and White House avoided the same fate of the past two drawn-out speaker elections. 

After some wrangling by both Trump and Johnson, ultimately Rep. Thomas Massie, R-Ky., was the lone Republican to defy leadership and vote against Johnson. 

Here’s a look at the top moments of the first vote of the 119th Congress:

1. Five Republicans refuse to vote; three vote against Johnson

Johnson appeared to be on a path to defeat when five Republicans sat silently as their clerk called their names for a vote. Three others — Republican Reps. Thomas Massie of Kentucky, Ralph Norman of South Carolina and Keith Self of Texas — voted against Johnson. 

Massie voted for House Whip Tom Emmer, R-Minn.; Norman voted for Rep. Jim Jordan, R-Ohio; and Self voted for Rep. Byron Donalds, R-Fla. 

At the end of the vote, the names of those who refused to vote on first mention were called again. Reps. Andy Harris, R-Md.; Andy Biggs, R-Ariz.; Andrew Clyde, R-Ga.; Michael Cloud, R-Texas; and Chip Roy, R-Texas, ultimately voted for Johnson. 

2. Trump calls two GOP defectors 

Trump then got on the phone with both Norman and Self and urged them to switch their vote for Johnson, both congressmen confirmed to Fox News Digital. 

Two people who spoke with Fox News Digital said Rep. Nancy Mace, R-S.C., connected Trump with Self and Norman by phone after they voted against Johnson.

Mace would not comment, but Fox News Digital saw her and Johnson share a hug on the House floor after they and others were in the side room with the holdouts.

Mace was also seen in intense talks with Norman off the House floor earlier.

Massie was irreconcilable — he’d long had his mind made up that Johnson was not the right person for the job. But Johnson could only afford to lose one vote and hold on to the gavel.

Johnson, too, huddled with Self and Norman. House leaders did not formally end the vote while figuring out a path forward.

3. Self and Norman change their vote 

About an hour after voting for others, the pair of defectors switched their votes, granting Johnson his wish. 

Self said he switched his vote in order to help further ‘the Trump agenda.’ 

‘The Trump agenda is most important. Trump agenda is most important, and we need to shore up processes in the House to make sure we have the strongest negotiating team for the reconciliation package that will come. So again, this was all about making the Trump agenda more successful,’ said Self. 

Norman said he spoke with Trump, but was ultimately persuaded to change his mind due to the promises he got from Johnson to make ‘real change.’ 

Trump ‘just made his point about how Mike is the only one who could get elected,’ Norman said. 

He said Johnson didn’t offer him a quid pro quo but ‘a commitment that things are going to change.’ 

Fox News’ Liz Elkind contributed to this report. 

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The House of Representatives has adopted new rules that would make it harder to trigger a vote to oust a speaker.

House lawmakers voted 215-209 along party lines to set the chamber’s rules for the 119th Congress. 

Among them was a measure to raise the threshold for calling a ‘motion to vacate the chair’ – which sets off a House-wide vote to depose the sitting speaker. 

Ex-Speaker Kevin McCarthy, R-Calif., agreed to lower the threshold to just one person in order to win over holdouts and clinch the speaker’s gavel in January 2023, at the start of the 118th Congress.

But the 119th Congress is now raising that number from one to nine – and amending the rule further, to specify that nine members of the sitting majority party must be the ones to call for a vote.

It sparked fury among Democrats, who accused Republicans of eroding the significance of the minority party.

‘Their proposed changes would, for the first time in American history, shield the Speaker from accountability to the entire chamber by making it so that only Republicans can move to oust the speaker,’ said Rep. Jim McGovern, D-Mass., the top Democrat on the House Rules Committee. 

‘This makes it clear that they have no intention of working together to find common ground. Instead of electing a Speaker of the House, they have decided to elect a Speaker of the Republican Conference—held hostage by their most extreme members.’

McCarthy was notably ousted by eight House Republicans and all House Democrats after former Rep. Matt Gaetz, R-Fla., called for a motion to vacate the chair in October 2023.

The one-vote threshold hung over Johnson like the sword of Damocles for over a year after he won the speaker’s gavel later that same month.

The change is the product of negotiations between the ultra-conservative House Freedom Caucus and the more pragmatic Republican Main Street Caucus.

Other changes in the new House Republican rules package include substituting some non-gendered family language like ‘child’ and ‘parent’ to more gendered language like son, daughter, mother, and father.

It also limits the House Speaker’s ability to bypass traditional chamber processes to rush a bill to the House floor via a mechanism known as ‘suspension of the rules.’

Johnson’s use of the suspension measure to pass critical legislation with Democratic support angered GOP hardliners in the House GOP Conference.

Under the new package, Johnson will only be able to put a House bill up for a vote under suspension on Mondays, Tuesdays and Wednesdays.

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: President-elect Donald Trump slammed Judge Juan Merchan for denying his request to dismiss the charges against him in New York v. Trump, telling Fox News Digital Democrats ‘just want to see if they can get a pound of flesh because every case has failed.’

Merchan denied Trump’s request to toss his guilty verdict in New York v. Trump, brought by Manhattan District Attorney Alvin Bragg, and set his sentencing for Jan. 10—just ten days before he is sworn in as 47th President of the United States. 

Merchan said there would be no imposition of a sentence including incarceration, jail time, a fine, or probation, but rather, likely, a sentence of an ‘unconditional discharge,’ which means there would be no punishment imposed. 

‘Every major legal pundit, including Andy McCarthy, Jonathan Turley, Gregg Jarrett, and Eli Honig, has stated strongly there was no case, there is no case and this was just a witch hunt,’ Trump told Fox News Digital in an exclusive interview Friday. ‘The judge is corrupt and I am still under a gag order, I am not allowed to speak about the thing he least wants me to talk about.’

Trump said Merchan is ‘a totally conflicted judge who is doing the work for the Democrat Party because every other case has failed.’ 

‘I did absolutely nothing wrong,’ Trump continued. ‘This is a political witch hunt by Biden and the DOJ.’

He added: ‘They want to see if they can get a pound of flesh because every case has failed including deranged Jack Smith’s, who is on his way back to the Hague after having lost every case.’ 

Trump told Fox News Digital that ‘nobody has ever gone through what I go through—this is a disgrace.’ 

The president-elect went on to call Merchan ‘the most conflicted judge in the history of jurisprudence.’ 

‘There has never been a judge as conflicted as this one,’ Trump said. ‘There was no case. He created a case out of nothing because he wanted my political opponent to win.’ 

Merchan imposed a gag order over Trump during the trial and has refused to lift that order. 

Merchan’s gag order bars Trump from making or directing others to make public statements about witnesses with regard to their potential participation or about counsel in the case—other than Manhattan District Attorney Alvin Bragg—or about court staff, DA staff, or family members of staff. 

One issue Trump has been barred from speaking about relates to Merchan’s daughter, Loren Merchan, who sits as the president for Authentic Campaigns—a company that has done political work for top Democrat clients like President Biden and Vice President Kamala Harris. 

House Judiciary Committee Chairman Jim Jordan launched an investigation into Loren Merchan’s work for the Democrat-affiliated firm. Loren Merchan received more than $7 million in compensation from her work for Vice President Harris in 2020. 

Meanwhile, cases brought against Trump in all other jurisdictions have been dismissed or are paused indefinitely. 

A federal judge in Florida this summer dismissed the case brought against Trump by now-former Special Counsel Jack Smith related to his alleged improper retention of classified records. The judge, Jude Aileen Cannon of the Southern District of Florida, dismissed the charges, ruling that Smith was unlawfully appointed as special counsel. 

Smith’s case against Trump related to alleged 2020 election interference was also dismissed last month, and he closed his office. 

Trump had pleaded not guilty to all charges across both of Smith’s cases against him. 

And last month, a Georgia court of appeals disqualified Fulton County District Attorney Fani Willis and her team from prosecuting Trump in her 2020 election interference case. 

The court did not toss Trump’s indictment entirely, but Willis and the assistant DAs working in her office now have ‘no authority to proceed.’

‘There is no way such corrupt people can lead a case and then it gets taken over by somebody else,’ Trump told Fox News Digital last month, reacting to the ruling. ‘It was a corrupt case, so how could it be taken over by someone else?’ 

‘The case has to be thrown out because it was started corruptly by an incompetent prosecutor who received millions of dollars through her boyfriend—who received it from her—and then they went on cruises all the time,’ Trump said, referring to Willis’ relationship with a former prosecutor on her team, Nathan Wade. 

‘Therefore, the case is entirely dead,’ Trump said. ‘Everybody should receive an apology, including those wonderful patriots who have been caught up in this for years.’ 

Meanwhile, Trump spokesman and incoming White House Communications Director Steven Cheung told Fox News Digital that the order by Merchan ‘is a direct violation of the Supreme Court’s Immunity decision and other longstanding jurisprudence.’   

‘This lawless case should have never been brought and the Constitution demands that it be immediately dismissed,’ Cheung told Fox News Digital. ‘President Trump must be allowed to continue the Presidential Transition process and to execute the vital duties of the presidency, unobstructed by the remains of this or any remnants of the Witch Hunts.’ 

Cheung added: ‘There should be no sentencing, and President Trump will continue fighting against these hoaxes until they are all dead.’

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An online car rental service is under scrutiny after it was used in two incidents Wednesday.

The platform, Turo, is known as an “Airbnb of cars,” as it allows individual car owners to rent out their vehicles. Vehicle owners, known as “hosts,” can post cars to Turo’s website, where people can then rent them, with payments made through the platform.

Turo acknowledged it was used in both incidents in an online statement posted Wednesday.

‘It is with a heavy heart that we confirm that this morning’s horrific attack in New Orleans and this afternoon’s Tesla Cybertruck explosion in Las Vegas both involved vehicles rented on Turo,’ the company said. ‘Our thoughts and prayers are with the victims and their families.’

It said it did not believe the individuals who may have rented the autos involved in the incidents had criminal backgrounds ‘that would have identified them as a security threat,’ and that it was not aware of any information that indicates the two incidents were related. 

Turo

Turo said in a statement Thursday afternoon that the vehicles’ renters had valid driver’s licenses and clean background checks and that they were honorably discharged from the U.S. military.

‘They could have boarded any plane, checked into a hotel, or rented a car or truck from a traditional vehicle rental chain,’ Turo said. ‘We do not believe these two individuals would have been flagged by anyone — including Big Rental or law enforcement.’

Investigators had said earlier that Turo was used to rent a pickup truck that plowed through New Orleans revelers early Wednesday and procure a Tesla Cybertruck that was filled with explosives and burst into flames outside Trump International Hotel in Las Vegas.

Authorities have preliminarily said the service’s use in both incidents is a coincidence. On Thursday afternoon, authorities said there was not a definitive link between the two incidents.  

Turo, previously known as RelayRides, was created in 2009. It came of age during the broader boom in peer-to-peer startups, like Airbnb and Uber, that sought to disrupt many traditional markets including rentals of houses, automobiles and even swimming pools.

But with that disruption came concerns about security. For years, peer-to-peer platforms like Turo have faced criticisms after cars have been stolen to be used for nefarious purposes. The companies have previously responded that such incidents are exceedingly rare. However, over an approximately four-month period between October 2019 and February 2020, NBC News found some 49 reports of motor vehicle thefts in Washington, D.C., involved cars rented from Turo or its rival, Getaround, representing 6% of all incidents during the period.  

As of Sept. 30, Turo had about 150,000 active hosts worldwide, with 350,000 active vehicle listings and 3.5 million active guests participating on its marketplace, according to a company filing.

Turo’s website tells hosts that they are “safe” in trusting the platform because Turo “screen(s) each guest,” so hosts can be “confident when they hand over” their keys. 

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The time has come for the SEC’s fans, its media machine and especially its commissioner to fess up to the reality that has simmered under the surface this entire college football season.

The world has changed significantly. And the old, reliable narrative that there’s a different quality of football in the SEC than other leagues is now more myth than reality.

Isn’t admitting a problem the first step toward salvation? Let’s tell it like it is — the SEC is a basketball league now. 

OK, OK. That might have been a low blow. But Notre Dame 23, Georgia 10 is a quarterfinal result that should resonate for a long time to come — especially in the context of the SEC’s miserable postseason. 

A few weeks ago, you had some of the biggest names in the ESPN apparatus devoted to the idea that its most important college sports business partner, the SEC, got short shrift by the College Football Playoff selection committee because only three teams made the field. 

Now, the league is down to one team — Texas, which wasn’t even an SEC member 12 months ago — and was a desperate fourth-and-13 conversation from being completely shut out of the semifinals. And when you combine it with the SEC’s 1-4 record in postseason games against the Big Ten, something has shifted. This is different. 

A cynic might say that once it became legal to pay players, the SEC no longer had an advantage in, um, talent acquisition. But a more generous interpretation of the current climate doesn’t even need to invoke tales of nefariousness. It’s simply a fact that stockpiling talent is harder now, and recruits who might have been ticketed for the SEC in past years are organically landing at a wider group of programs. 

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By the way, that’s not just an SEC vs. Big Ten or SEC vs. Big 12 phenomenon. It’s an SEC vs. SEC phenomenon. 

When Ole Miss gets a couple of guys who might have gone to Alabama, and South Carolina lures a couple of guys who might have gone to Georgia, and Texas A&M snags a couple who might have gone to LSU, everyone moves more toward the middle. 

This is not Urban Meyer’s SEC. It’s not Nick Saban’s SEC. It’s not even Kirby Smart’s SEC anymore. 

Back in December 2023, when it looked like the SEC might get shut out of the final four-team CFP, commissioner Greg Sankey appeared on ESPN’s ‘College GameDay’ and said: “That’s not the real world of college football. Let’s go back to Sesame Street, so we’re really basic. One of these things is not like the other.”

Well, which Sesame Street theme would describe the current state of affairs? 

Count von Count might highlight the following simple math: In three CFP games, the SEC was outscored 96-66 and outgained 1,227-927. Just imagine if Texas hadn’t found a way to pull that one out Wednesday against an Arizona State team that way too many SEC coaches believed to be inferior and unworthy of the Playoff because it didn’t have to survive the SEC gauntlet. 

Uh-huh. Sure.

See, the schadenfreude isn’t really about rooting for Cinderella or taking down the big, bad bully. It’s the utter arrogance of believing that you can continue getting the benefit of the doubt, year after year, in a sport that has changed as dramatically and as quickly as this one. 

No one can dispute that the SEC’s very best teams were pretty dominant from 2006 through 2022, with a few notable but rare exceptions. 

But let’s go back to Sesame Street. Remember the song that goes, “These are the people in your neighborhood?”

Well, the SEC is a bad neighbor. It wrecks other conferences through expansion, it bullies its peers into submission with threats of doing something dramatically vague to pull away from college sports as we knew them, and it demands postseason structures in not just football but all the major sports to stack the deck in its favor. 

Maybe a little humility — and perspective — is in order for Dear Leader Sankey. 

Before Thursday, Notre Dame had been in BCS/CFP scenarios three times in the last 12 years. The scores of those games:

Alabama 42, Notre Dame 14 

Clemson 30, Notre Dame 3

Alabama 31, Notre Dame 14

Though the SEC can’t claim credit for Clemson, the point is that Notre Dame — a truly great, historic program — could not compete at this level. It was a physical mismatch every time. 

That’s no longer true. 

The SEC hasn’t physically mashed anyone of note this postseason, and the 2024 calendar year both began and ended with Alabama losing straight up to Michigan. Though the stakes this week weren’t as high as last season’s semifinals, the data points are piling up. You cannot honestly make the case anymore that even the SEC’s best teams have some overwhelming physical edge. Even in its victory, Texas got pushed around pretty good.

Can the pendulum swing back? Of course. Coaches adjust, and programs that don’t like their results make changes. At some point, the SEC will be back on top because that’s what happens in a normal, healthy sport. Ebbs and flows, true competition.

That’s the way it should be — not the entitled, “we won all these championships under a completely different set of rules, so you must kneel to us now” baloney that comes far too naturally to people all over that league. 

It’s time for a new act. It’s time to be honest. It’s time to face facts: You’re just like everyone else now. 

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