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Detroit Pistons guard Jaden Ivey has suffered a broken fibula in his left leg, a source confirmed to the Detroit Free Press, part of the USA TODAY Network. It’s a significant injury blow for the 22-year-old, who was in the midst of a career-best season.

A Pistons spokesman told the Free Press that the team will provide an official injury update at a later time. The news initially was reported by ESPN.

‘It’s tough on the whole group,’ Pistons guard Cade Cunningham said postgame of Ivey’s injury. ‘To see him hurting like that is tough on us. He’s built for it, he’s going to shake back knowing him. He’s going to work his tail off and he’s going to be better than ever when he gets back. It’s hard to see that, for sure.’

Jaden Ivey’s leg injury leaves Pistons shaken

Ausar Thompson appeared to be teary-eyed on the bench and Magic guard Cole Anthony, who dove for a loose ball and collided with Ivey, was also in tears while standing next to Ivey as trainers examined his leg. 

All things Pistons: Latest Detroit Pistons news, schedule, roster, stats, injury updates and more.

After Ivey exited the game, the Pistons circled for a quick prayer before returning to play. 

‘We said a prayer for him, and just wanted to collect ourselves and talk about it and make sure everybody was on the same page about what we had to do from that point on,’ Cunningham said. ‘We already had a lot of attention with this game. Jan. 1, we wanted to start the year off right. Seeing that happen, that was tough on us and we wanted to make sure everybody was on the same page about what the mission was.’

Without Ivey, the Pistons surpassed their 2023-24 season win total with Wednesday’s 105-96 home win.

‘They care about each other, and they care about JI and what this means to him and the sacrifices that he’s made within his game, within himself to help this team and each other’s individual growth,’ coach J.B. Bickerstaff said. ‘They banded together because they know that’s what he would’ve wanted him to do.’

Who replaces Jaden Ivey for Pistons?

Ivey injury will pose several challenges to the roster. Bickerstaff has staggered Cunningham and Ivey this season, leaving at least one on the floor at nearly all times. Ivey is the team’s secondary initiator on offense and point guard when Cunningham sits.

Ivey’s absence would leave second-year guard Marcus Sasser as the team’s lone backup to Cunningham. 

‘It’s tough on all of us,’ Bickerstaff said. ‘No better teammate, person than JI. No one who cares more about this thing than him. It’s tough to see.’

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A little less than a week ago, I wrote an article about inflation and how it’s nothing more than a pipe dream in Fed Chief Jay Powell’s head. Let me expand on that article, maybe from a slightly different approach this time. The inflation rhetoric just won’t let up. Apparently, it makes no difference that the annual rate of core inflation has fallen from 6.7% to 3.3% and that the Fed sees this same core rate achieving its 2% target in 2027. The Fed still wants to talk about. So let’s let ’em talk. I follow the charts and what Wall Street is saying through these charts. I’m now to the point where I’m simply ignoring Fed Chief Powell and his waffling group of naysayers. Wall Street is speaking and THEIR voice is quite clear, unlike the constant Fed waffling that we’ve witnessed for 3+ years and counting.

A few things happen when inflation is considered problematic. First, money rotates into hedges like gold, other commodities, and/or real estate. Second, you sell the dollar as the currency will be negatively impacted by inflation. Finally, you sell growth stocks like CRAZY! Inflation eats away at the future earnings of growth companies and valuations are typically crushed as a result. I’m going to skip gold/commodities as I discussed both in my last article, but let’s take a look at a few charts to see if Wall Street believes inflation is a problem.

Real Estate

Certain areas of real estate, especially REITs, are a nice hedge against inflation as rents will typically be increased during inflationary periods. So this renewed inflation talk by the Fed is surely sending investors into real estate (XLRE), on a relative basis, correct? You be the judge.

Wow, look at that money pour into real estate! <sarcasm>

The U.S. Dollar (UUP)

Next, it’s time to confirm that everyone is selling the dollar, because you don’t want to get caught holding that bag, when the Fed’s worries about inflation prove true, right? Welllllll……

Yep, Wall Street cannot stand the thought of owning the greenback.

Growth Stocks

Holding growth stocks as inflation surges might be the worst possible investment of all. Growth stock valuations get HAMMERED during inflationary periods. We only have to look back at the 2022 cyclical bear market. Do you remember NVDA losing two-thirds of its market cap in less than 11 months? Even AAPL lost nearly 30% in 2022, before rallying strong as inflation peaked. These types of growth stocks will normally be pounded into the ground given rising inflationary expectations. So let’s see how growth (IWF) is faring vs. the benchmark S&P 500 as inflation gets set to rise again (Fed worry):

Once again, you can say how incredibly nervous Wall Street is about the inflation predicament we’re in. <more sarcasm>

MarketVision 2025

I don’t listen to the Fed when Wall Street says not to. I’ll let the media have its fun with the inflation problem we’re up against (ha ha). Over the years, it’s not about what you hear. It’s always about what you SEE (in the charts). Ignore everything else!

On Saturday, January 4th at 10am ET, MarketVision 2025 will begin and I’m planning to lay out 2025 for you in a way that everyone can understand. This is our 6th MarketVision event and I’ve nailed each of the last 5, in terms of market direction, and I’m confident I’ll nail this one too. I’m not a perma-bull. During MarketVision 2022, I suggested the S&P 500 could drop 20-25% before it happened. If I believe we’re going lower, I’ll say it. Unlike the Fed, I have conviction. I also have a very bold call for you this Saturday. Want to join me? We’re making this as easy as possible for you to join. To register for MarketVision 2025 and to gather more information, please CLICK HERE. One more thing. We’re adding a sweet bonus for all current non-members of EarningsBeats.com that register for Saturday’s event. It’s 1 year of EarningsBeats.com membership at no additional cost, a $997 value. Pay for the Saturday event and get a year of membership FREE. It won’t get any better than this.

Happy New Year to ALL! On behalf of EarningsBeats.com, I wish you all a healthy and prosperous 2025 ahead!

Happy trading!

Tom

The calendar has turned, it’s a new year, and NBA action is starting to heat up. The balance of power is starting to come into focus as the season hits its third month, though it’s clear that some teams are legitimate contenders: the Cleveland Cavaliers, Oklahoma City Thunder, Boston Celtics and New York Knicks.

That means that there’s a gem of a matchup Friday night, as the teams with the two longest winning streaks in the NBA, the Knicks (nine games) and Thunder (12 games) square off in what could potentially be a Finals preview. 

That’s not the only intriguing matchup of the weekend, as the Celtics face the Minnesota Timberwolves Thursday in Minnesota, and the Cavs head to Dallas Friday to battle the Mavericks.

Here are some takeaways from the ninth week of the NBA regular season.

Warriors are in free fall. What has gone wrong?

For one, the team’s bench hasn’t been nearly as productive as it was during the start of the season. Through the first 14 games of the season – when the Warriors put up an 11-3 record – Golden State’s reserves were averaging 55 points per game. Now, 32 games into their campaign, the Dubs are getting 8.3 points per game fewer.

That’s not the only reason Golden State (16-16) has won only four of its last 17 games. Stephen Curry, who has struggled to finish at the rim, is averaging just 22 points per game, which would be his lowest mark in a full season since 2011-12, his third year in the league.

It’s no surprise, then, that Golden State’s production from 3 has fallen off. Last season, the Warriors ranked seventh in the NBA in 3-point percentage (38%). This year, they’re 17th (35.9%). Their 20th-ranked offensive rating (110.7) is the worst since they also ranked 20th in 2020-21, with a rating of 110.5.

The roster looks old and needs scoring help. The trading deadline becomes essential, or this season could slip away.

Knicks continue their surge, but is it a mirage?

New York (24-10) owns the longest winning streak in the Eastern Conference at nine games, but the quality of opponent over that stretch has been on the weaker side. The combined winning percentage of the teams the Knicks have faced over that span is .357. 

New York has seen the Washington Wizards (6-25) twice, the Utah Jazz (7-25), Toronto Raptors (8-26) and New Orleans Pelicans (5-29), and its best wins have been against the Orlando Magic (20-15), though Orlando is missing its two best players.

Nonetheless, the Knicks continue to be a force, and one that could potentially catch up to the Celtics (24-9) in the Eastern Conference, as Boston has hit something of a rough patch over the last two weeks.

The Knicks rank fourth in net rating (8.4) and have found exceptional chemistry in their starting five. They play complementary ball, and the addition of Karl-Anthony Towns has eased massive pressure off of Jalen Brunson to be the driving force on offense.

Don’t let the recent easy schedule fool you. The Knicks are efficient on offense, share and protect the ball, solid on defense and elite in rebounding – all things that help teams go on runs.

Shai Gilgeous-Alexander makes his case for MVP

The season is so long, and it’s still so early, but the work Thunder (27-5) guard Shai Gilgeous-Alexander has done over the past month has Oklahoma City looking like a potential championship contender.

SGA has been on fire, averaging 33.4 points per game over OKC’s last 12 games – all of them wins. In fact, he’s averaging 33.6 per game over the Thunder’s last 22 games – all of which have been without Chet Holmgren. This is precisely why Gilgeous-Alexander’s play has been so remarkable: he’s doing all this without a key weapon and with more defensive attention drawn his way.

Gilgeous-Alexander is smooth and gets to his spots almost effortlessly, appearing to glide down the court. He’s efficient and gets to the line, and he’s also a demon on defense, tied for third in the NBA in steals (two per game). He leads the NBA in plus-minus at 12.1.

Rockets’ lack of composure shows there’s room to grow

It wasn’t just Amen Thompson flinging Miami Heat guard Tyler Herro down to the court, inciting a small scuffle, it was also coach Ime Udoka getting tossed and not leaving the floor promptly. But, even before then, it was veteran guard Fred VanVleet getting ejected – in what was then a close game – after he argued a five-second violation and made contact with an official. 

The Houston Rockets (22-11) have all the talent and athleticism to emerge as a breakout team in the West, currently in third place. But they also have moments when they lose their focus, discipline and composure, which in turn affects their decision making and shot selection. 

Against the Heat, when VanVleet got ejected, it was a four-point game with 47.1 seconds left to play. After the Heat made three free throws from all the technical fouls, the lead ballooned to seven. The bench, meanwhile, celebrated the fight, rather than locking in for a tight finish.

The Rockets rank 29th in 3-point percentage (44.3%), but 19th in attempts (36.2 per game). Increased efficiency would help them take the next step. Composure would go a long way, too.

Frustrating Bulls lack identity

In the last two weeks, the Chicago Bulls (15-19) have defeated the defending champion Celtics and the NBA Cup champion Milwaukee Bucks. 

And then on Wednesday, they lost to the worst team in the Eastern Conference, a Wizards team that entered the night with five victories. The loss was emblematic of Chicago’s issues this season.

The Bulls lack presence in the paint, and when they shoot inefficiently – especially from 3 – they have almost no chance of winning. The Bulls rank 17th this season in points in the paint (47.6 per game). They’re tied for 21st in blocks per game (4.7), with the leader in the statistic, rookie Matas Buzelis, averaging just 13.1 minutes per game.

The Bulls are weirdly caught in that middle space between contending and a rebuild; they’re currently the 10th seed in the East, at the bottom of play-in contention, but they don’t have the consistency or scoring proficiency of a team that can make a run. 

Another oddity from this Bulls season: the team is just 5-11 at home this season, which has only heightened the angst fans feel toward this team. And, perhaps making matters worse, seven of the next eight are coming at the United Center.

This post appeared first on USA TODAY

During a news conference ahead of his team’s Week 18 matchup with the Dallas Cowboys, Kingsbury was asked if he would like to be an NFL head coach again.

‘Yeah, I’m sure at some point,’ Kingsbury told reporters with a smile.

Kingsbury has improved his resume during his first season with the Commanders. The 45-year-old helped rookie Jayden Daniels seamlessly transition into the NFL – recording a 101.2 passer rating through Week 17 and earning a Pro Bowl nod. He also guided Washington to its first postseason appearance since 2020.

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

Kingsbury is expected to be one of the top coaching candidates during the 2025 NFL offseason. He has often been linked to the Chicago Bears because of his ties to quarterback Caleb Williams. Both were at USC during the 2023 season, with Kingsbury serving as a senior offensive analyst on Lincoln Riley’s staff and Williams as the team’s starting quarterback.

That said, Kingsbury wouldn’t guarantee he would leave Washington, even if he draws interest for a head coaching job.

‘I won’t comment on that,’ Kingsbury said when asked about being a head coach in 2025. ‘We’ll see how everything plays out.’

Why won’t Kingsbury necessarily bolt to take on another head coaching job? He made it clear that he is ‘very happy’ in his role with the Commanders.

‘This has been an awesome place and has really helped me kind of rekindle my love for the sport,’ Kingsbury said.

With that in mind, Kingsbury doesn’t seem to be in a rush to become an NFL head coach again despite his aspirations. He seems happy to be patient and find the right fit while learning whatever he can from Commanders head coach Dan Quinn.

That includes the most valuable lesson Kingsbury learned during his first coaching stint in Washington.

‘I don’t think I set a foundation the way I would do it after watching DQ and how he set the foundation from Day 1,’ Kingsbury said when asked what he would do differently in a second run as a head coach. ‘It was, ‘These are the standards. This is where we won’t compromise. This is what we’re gonna be.’ I definitely could have done a better job of that.

‘Once you don’t lay it out like that, it’s hard to put it back in,’ he added. ‘It’s hard to reset it, and I think that’s where he’s done a great job. It’s like, ‘This is what we’re gonna be from Day 1.’ There’s no ifs, ands or buts. The guys bought in, and he’s led in an incredible way by doing that.’

This post appeared first on USA TODAY

A U.S. Army soldier has been charged with selling confidential phone records. 

Cameron John Wagenius, 20, was charged by federal authorities in Texas with two counts of unlawful transfer of confidential phone records information on Dec. 20 and the indictment was unsealed this week. 

Wagenius was a soldier at Fort Cavazos in Texas. Court records didn’t specify his rank. 

He was allegedly linked to the online handle Kiberphant0m, which was part of several high-profile data breaches, including the Snowflake data hacking, and which claimed to have hacked President-elect Trump and Vice President Kamala Harris’ phone records, Reuters reported, citing cybersecurity journalist Brian Krebs. 

The alleged AT&T call logs for the 2024 presidential candidates were posted online in November, according to The Verge, which noted that the call logs had not been verified as genuine. 

The indictment didn’t give details on the hacking. 

The indictment accuses Wagenius of selling ‘confidential phone records’ online. 

‘We are aware of the arrest of a Fort Cavazos soldier,’ Fort Cavazos told Fox News Digital. ‘III Armored Corps will continue to cooperate with all law enforcement agencies as appropriate.’ 

Fox News Digital has reached out to the Department of Justice for comment. 

Wagenius will next be extradited to Seattle where the case is being handled.

Reuters contributed to this report. 

This post appeared first on FOX NEWS

President Biden awarded the leaders of the former Jan. 6 House Select Committee, former Republican Wyoming Rep. Liz Cheney and Mississippi Democrat Rep. Bennie Thompson, the second-highest civilian medal for their ‘exemplary deeds of service for their country,’ according to the White House.

‘The Presidential Citizens Medal is awarded to citizens of the United States of America who have performed exemplary deeds of service for their country or their fellow citizens. President Biden believes these Americans are bonded by their common decency and commitment to serving others. The country is better because of their dedication and sacrifice,’ the White House detailed in a statement Thursday. 

The White House announced 20 people across the nation would receive the Presidential Citizens Medal on Thursday, including Cheney and Thompson, who Biden lauded as ‘intrepid’ and holding a ‘steadfast commitment to truth.’ 

‘Throughout two decades in public service, including as a Congresswoman for Wyoming and Vice Chair of the Committee on the January 6 attack, Liz Cheney has raised her voice—and reached across the aisle—to defend our Nation and the ideals we stand for: Freedom. Dignity. And decency. Her integrity and intrepidness remind us all what is possible if we work together,’ the White House said in its statement of Cheney. 

‘Born and raised in a segregated Mississippi, as a college student inspired by the Civil Rights movement, Bennie Thompson volunteered on campaigns and registered southern Black voters. That call to serve eventually led him to Congress, where he chaired the House January 6th Committee—at the forefront of defending the rule of law with unwavering integrity and a steadfast commitment to truth,’ the statement on Thompson read. 

Thompson served as the chair of the Jan. 6 select committee, with Cheney serving as the vice chair. The Jan. 6 committee was founded in July 2021 to investigate the breach of the U.S. Capitol earlier that year by supporters of Trump ahead of President Biden officially taking office on Jan. 20. The Jan. 6 committee’s investigation was carried out when Democrats held control of the House.

The committee concluded its 18-month investigation in 2023, after Republicans regained control of the House, and sent referrals to the Justice Department recommending that Trump be criminally prosecuted for his involvement in the lead-up to his supporters breaching the Capitol.

The committee was composed of seven Democrats and two Republican lawmakers, Cheney and Adam Kinzinger, both of whom are no longer in office. 

Incoming Senate Majority Whip John Barrasso, R-Wyo., reacted to Biden’s decision to award Cheney with the medal in a comment to Fox Digital on Thursday, slamming her as a former elected official who ‘represents partisanship and divisiveness.’

‘President Biden was either going to pardon Liz Cheney or give her an award. She doesn’t deserve either. She represents partisanship and divisiveness, not Wyoming,’ he said.

Republican elected officials and President-elect Donald Trump have railed against the committee and its leaders for years, with a recent Republican House report calling on the FBI to investigate Cheney for ‘potential criminal witness tampering’ related to her role on the former select committee.

‘Based on the evidence obtained by this Subcommittee, numerous federal laws were likely broken by Liz Cheney, the former Vice Chair of the January 6 Select Committee, and these violations should be investigated by the Federal Bureau of Investigation,’ stated a report released last month by House Administration Subcommittee on Oversight Chair Rep. Barry Loudermilk, R-Ga. ‘Evidence uncovered by the Subcommittee revealed that former Congresswoman Liz Cheney tampered with at least one witness, Cassidy Hutchinson, by secretly communicating with Hutchinson without Hutchinson’s attorney’s knowledge.’

Cheney and Thompson both slammed the report in comments to Fox Digital last month. 

‘The January 6th Committee’s hearings and report featured scores of Republican witnesses, including many of the most senior officials from Trump’s own White House, campaign and Administration,’ Cheney said. ‘All of this testimony was painstakingly set out in thousands of pages of transcripts, made public along with a highly detailed and meticulously sourced 800 page report. Now, Chairman Loudermilk’s ‘Interim Report’ intentionally disregards the truth and the Select Committee’s tremendous weight of evidence, and instead fabricates lies and defamatory allegations in an attempt to cover up what Donald Trump did. Their allegations do not reflect a review of the actual evidence, and are a malicious and cowardly assault on the truth. No reputable lawyer, legislator or judge would take this seriously.’

Cheney had served as the third-highest ranking Republican in the House but was ousted from her role as GOP conference chair by her colleagues in 2021. Cheney lost her 2022 primary run for re-election to Trump-backed Rep. Harriet Hageman. 

The report followed speculation that Biden could grant Cheney a presidential pardon ahead of leaving the Oval Office. Late last year, Trump renewed his longstanding criticisms of Cheney and the Jan. 6 committee, suggesting she and Thompson could face jail time. 

‘Cheney did something that’s inexcusable, along with Thompson and the people on the un-select committee of political thugs and, you know, creeps,‘ he said in an interview with NBC. ‘They deleted and destroyed all evidence.’

‘And Cheney was behind it. And so was Bennie Thompson and everybody on that committee,’ he continued. ‘For what they did, honestly, they should go to jail.’

The Presidential Citizens Medal is the second-highest honor a civilian can receive from the president, after the Presidential Medal of Freedom, according to the Associated Press. 

This post appeared first on FOX NEWS

The FBI under the Biden administration’s leadership has faced repeated scandals over the last four years, including in the waning days of the administration when a suspected terror attack rocked New Orleans early on New Year’s Day morning.

Outgoing FBI Director Christopher Wray, who was nominated by Trump in his first administration, announced last month that he would step down from his post, clearing the path for Trump’s pick to lead the FBI, Kash Patel, to rally support for his confirmation process in earnest ahead of Trump’s inauguration this month. 

As President Biden’s administration comes to a close, Fox Digital revisits some of the top scandals the FBI has faced in the last four years. 

FBI initially reports New Year’s Day attack ‘not a terrorist event’

Chaos broke out on New Orleans’ famed Bourbon Street just after 3 a.m. on New Year’s Day when a truck plowed through crowds of revelers, leaving at least 15 dead and dozens of others injured. 

The FBI took the lead on the case and landed in hot water with conservatives and others for initially reporting to the public that the attack was not an instance of terrorism before ultimately backtracking. 

‘We’ll be taking over the investigative lead for this event. This is not a terrorist event,’ said New Orleans field office FBI Assistant Special Agent in Charge Alethea Duncan during a Wednesday morning press conference. 

During that same press conference, however, the mayor of New Orleans contradicted Duncan’s comment and minced no words in detailing that the city faced an act of terror. 

‘Know that the city of New Orleans was impacted by a terrorist attack. It’s all still under investigation,’ Mayor LaToya Cantrell said.

The FBI soon backtracked from its position that the attack was not an act of terror, releasing statements throughout the day that they were investigating the matter as related to terrorism, including confirming that an ISIS flag was found on the suspect’s vehicle that plowed through the crowds. 

‘This morning, an individual drove a car into a crowd of people on Bourbon Street in New Orleans, killing a number of people and injuring dozens of others. The subject then engaged with local law enforcement and is now deceased. The FBI is the lead investigative agency, and we are working with our partners to investigate this as an act of terrorism,’ the FBI said in one of its three statements provided to Fox Digital.

The FBI’s handling of the matter, however, has sparked outrage from elected officials, Trump allies and voters on social media.

‘The FBI has a no-fail mission. There is no room for error. When they fail, Americans die. It’s a necessity that Kash Patel gets confirmed ASAP,’ a source close to Trump told Fox News Digital on Thursday morning. 

Other conservatives and Trump allies railed against the FBI on social media, claiming the FBI has focused resources on issues such as DEI training and hiring instead of investigating and preventing crime.

Sen. Marsha Blackburn, R-Tenn., and other conservatives also took issue with the FBI for allegedly responding to the suspect’s home in Texas after the media had already staked out the property. 

‘The FBI didn’t show up to the NOLA suspect’s address until 1pm today. We were on scene before. No one came out of the home or answered the door,’ New York Post reporter Jennie Taer posted to X on Wednesday.

Blackburn responded to the Post reporter by saying the FBI had ‘failed’ its mission as the nation’s top law enforcement agency. 

‘The fact that a reporter has better intel than the FBI tells us all we need to know. The FBI has failed its core mission,’ Blackburn posted. 

The suspect, Shamsud-Din Jabbar, was armed with a Glock and a .308 rifle during the attack and was killed after opening fire on police. Jabbar, a 42-year-old U.S. citizen who lived in Texas, is believed to have acted alone, the FBI announced Thursday. 

Trump slammed Biden and his administration’s policies for the attack. 

‘With the Biden ‘Open Border’s Policy’ I said, many times during Rallies, and elsewhere, that Radical Islamic Terrorism, and other forms of violent crime, will become so bad in America that it will become hard to even imagine or believe. That time has come, only worse than ever imagined. Joe Biden is the WORST PRESIDENT IN THE HISTORY OF AMERICA, A COMPLETE AND TOTAL DISASTER,’ Trump posted on Truth Social.

Earlier Thursday, when approached for comment on the criticisms of its handling of the attack, the FBI directed Fox News Digital to its three previous statements on the attack that described it as an act of terror but did not comment on the New Orleans’ agent saying Wednesday that the attack was not connected to terrorism. 

‘An ISIS flag was located in the vehicle, and the FBI is working to determine the subject’s potential associations and affiliations with terrorist organizations,’ one FBI statement said.

‘The FBI is the lead investigative agency, and we are working with our partners to investigate this as an act of terrorism. We are aggressively running down all leads to identify any possible associates of the subject,’ the statement added.

Trump slams Wray for ‘illegal raid’ on Mar-a-Lago

Approximately 30 armed FBI agents converged on Trump’s Mar-a-Lago home in Florida in August 2022 to execute a search warrant regarding classified documents in the former president’s possession. 

The unprecedented raid included agents rifling through former, and upcoming, first lady Melania Trump’s wardrobe. The agents seized 33 boxes of documents. 

‘He invaded my home. I’m suing the country over it. He invaded Mar-a-Lago. I’m very unhappy with the things he’s done. And crime is at an all-time high. Migrants are pouring into the country that are from prisons and from mental institutions, as we’ve discussed. I can’t say I’m thrilled,’ Trump said of Wray during an interview with NBC that aired Sunday. 

Earlier this year, it was revealed the Biden administration authorized the use of deadly force during the raid. The jarring revelation added fuel to the fire of conservatives slamming the raid, though the FBI clarified that the same language was used in a similar search warrant for President Biden’s Delaware home.

Republican Sen. Chuck Grassley of Iowa, who called for Wray’s resignation in a scathing letter last month, argued there were ‘serious questions’ about the raid, considering that Trump had been cooperating with investigators with regard to the classified documents. 

‘This raid occurred despite serious questions about the need for it. President Trump apparently was cooperating with the investigation, notwithstanding liberal press reports. He voluntarily turned over 15 boxes of documents months before the FBI’s drastic escalation,’ Grassley continued, adding that former Secretary of State Hillary Clinton never faced such a raid ‘even though she and her staff mishandled highly classified information while using a non-government server.’

Trump, in reaction to Wray’s resignation, again railed against the ‘illegal’ raid on Mar-a-Lago.

‘Under the leadership of Christopher Wray, the FBI illegally raided my home, without cause, worked diligently on illegally impeaching and indicting me, and has done everything else to interfere with the success and future of America. They have used their vast powers to threaten and destroy many innocent Americans, some of which will never be able to recover from what has been done to them,’ he wrote on Truth Social. 

Wray testified before the ​​House Judiciary Committee in July and said he ‘would not call it a raid’ on Mar-a-Lago, instead saying the FBI conducted ‘the execution of a lawful search warrant.’

The FBI’s ‘Richmond memo’ on traditional Catholics 

In January 2023, conservative lawmakers slammed an internal FBI memo from the Richmond field office titled ‘Interest of Racially or Ethnically Motivated Violent Extremists in Radical-Traditionalist Catholic Ideology Almost Certainly Presents New Mitigation Opportunities.’

The memo identified ‘radical-traditionalist Catholic[s]’ as potential ‘racially or ethnically motivated violent extremists’ and said that ‘racially or ethnically motivated violent extremists (RMVEs) in radical-traditionalist Catholic (RTC) ideology almost certainly presents opportunities for threat mitigation through the exploration of new avenues for tripwire and source development.’

The memo was rescinded, but lawmakers scrutinized Wray as to why Americans were targeted due to their religious beliefs, which defies the U.S. Constitution. 

Twenty Republican lawmakers in a letter to Wray last year said the memo ‘singled out traditional Catholics for their pro-life views, accusing RTCs of ‘hostility towards abortion-rights advocates’ in the aftermath of the Dobbs decision.’

‘This specific call out to pro-life views is of even greater concern, considering the slow rate of investigation and response to the violent attacks that a number of pro-life pregnancy centers and Catholic Churches have experienced since the Dobbs decision was leaked in May of last year,’ they wrote.

But Wray said at a 2023 Senate Judiciary Committee hearing that ‘We do not and will not conduct investigations based on anybody’s exercise of their constitutionally protected religious [expression].’

The FBI also came under fire durin​​g Wray’s tenure when the FBI raided a home and arrested a pro-life man in Pennsylvania in 2022.

Mark Houck, a Catholic father of seven who would often pray outside a Philadelphia abortion clinic, was arrested at his rural Pennsylvania home in Kintnersville by the FBI. The arrest stemmed from an altercation he had with a Planned Parenthood escort in Philadelphia in October 2021. Houck was accused of pushing the abortion clinic escort, who allegedly verbally harassed Houck’s 12-year-old son outside the clinic.  

The Biden administration alleged Houck violated the Freedom of Access to Clinic Entrances Act, which makes it a federal crime to use force with the intent to injure, intimidate and interfere with anyone because that person provides reproductive health care. 

Houck was acquitted by a jury last year after arguing that he was protecting his son. He and his wife, Ryan-Marie, argued that the FBI used excessive force during the arrest, filing a lawsuit against the DOJ this year alleging the arrest followed a ‘faulty and malicious investigation.’

Parents outraged over DOJ targeting school board meetings 

The DOJ and FBI were heavily criticized by parents nationwide in 2021 when Attorney General Merrick Garland issued a memo directing the FBI to use counterterrorism tools related to parents speaking out at school board meetings against transgender-related issues and critical race theory curricula.

The memorandum followed the National School Boards Association (NSBA) sending a letter to President Biden and asking that the federal government investigate parents protesting at school board meetings, claiming school officials were facing threats at meetings. 

The NSBA requested that parents’ actions be examined under the Patriot Act as ‘domestic terrorists,’ sparking Garland’s eventual memo, which did not use the phrase ‘domestic terrorist.’

‘After surveying local law enforcement, U.S. Attorney’s offices around the country reported back to Main Justice that there was no legitimate law-enforcement basis for the Attorney General’s directive to use federal law-enforcement and counterterrorism resources to investigate school board-related threats,’ the House Judiciary Committee stated in an interim report on the memo last year. 

Garland testified before the Senate last year that the memo ‘was aimed at violence and threats of violence against a whole host of school personnel,’ not parents ‘making complaints to their school board,’ but the memo set off a firestorm of criticism from parents nonetheless. 

‘The premier law enforcement agency of the United States of America, the FBI, was used as a weapon by the DOJ against parents who dared to voice their concerns at the most local level: their school board,’ Moms for Liberty founder Tiffany Justice told Fox News Digital last year. 

Allegations of Biden family corruption not investigated

In Grassley’s blistering 11-page letter to Wray last month, he slammed the FBI for acting as an ‘accomplice to the Democrats’ false information campaign’ surrounding his investigation into ‘alleged Biden-family corruption.’

Grassley said the FBI ‘sat on bribery allegations’ against Biden when he served as vice president, as well as Biden’s son, Hunter Biden, and Ukrainian officials. 

‘Consistent with that FBI failure, yet another glaring example of FBI’s broken promises under your leadership is its inexcusable failure to investigate bribery allegations against former Vice President Joe Biden, while strictly scrutinizing former President Trump. You’ve repeatedly claimed you would ensure the FBI does justice, ‘free of fear, favor, or partisan influence.’ The FBI under your watch, however, had possession of incriminating information against President Biden for three years until I exposed the existence of the record outlining those allegations, but did nothing to investigate it,’ he wrote. 

At question in the investigation was an FBI-generated FD-1023 form that allegedly described a multimillion-dollar criminal scheme involving then-Vice President Biden and a foreign national relating to the exchange of money for policy decisions. Grassley ultimately acquired the document through legally protected disclosures by Department of Justice whistleblowers. 

That document reflects the FBI’s interview with a ‘highly credible’ confidential human source who described meetings and conversations they had with an executive of Ukrainian natural gas firm Burisma Holdings over the course of several years, starting in 2015. Hunter Biden sat on the board of Burisma at the time. 

Biden denied the accusations, calling the bribery allegations a ‘bunch of malarkey’ last year. 

‘Still, to-date, the DOJ and FBI have neither answered whether they investigated the substance of the FD-1023, nor have they provided an explanation for any effort undertaken to obtain the financial records and other pieces of evidence referenced within the document,’ Grassley wrote to Wray on Monday. ‘This sounds a lot like Director Comey’s leadership of the FBI, which was nothing short of shameful.’

When asked about Grassley’s letter last month, the FBI said it ‘has repeatedly demonstrated our commitment to responding to Congressional oversight and being transparent with the American people.’

‘Director Wray and Deputy Director Abbate have taken strong actions toward achieving accountability in the areas mentioned in the letter and remain committed to sharing information about the continuously evolving threat environment facing our nation and the extraordinary work of the FBI.’

Wray suggests Trump was hit by ‘shrapnel’ during first assassination attempt

Trump faced a shocking assassination attempt in July while giving a speech at a campaign rally in Butler, Pennsylvania.

The shooter, perched on the roof of a nearby building, fired a series of shots that grazed Trump’s right ear and wounded two rally attendees. Local father and volunteer firefighter Corey Comperatore was fatally struck while protecting his family.

Wray came under criticism regarding the assassination attempt when he appeared before the House Judiciary Committee and cast doubt on whether a bullet actually struck Trump. 

‘I think with respect to former President Trump, there’s some question about whether or not it’s a bullet or shrapnel that, you know, hit his ear,’ Wray said at the hearing.

Trump blasted him online for the comment.

‘FBI Director Christopher Wray told Congress yesterday that he wasn’t sure if I was hit by shrapnel, glass, or a bullet (the FBI never even checked!), but he was sure that Crooked Joe Biden was physically and cognitively ​​’uneventful’ – Wrong!’ Trump wrote on Truth Social in July. 

​​’No, it was, unfortunately, a bullet that hit my ear, and hit it hard. There was no glass, there was no shrapnel. The hospital called it a ‘bullet wound to the ear,’ and that is what it was. No wonder the once storied FBI has lost the confidence of America!’

The FBI later confirmed a bullet, ‘​​whether whole or fragmented,’ struck Trump.

Fox News Digital’s Andrew Mark Miller and Brooke Singman contributed to this report.

This post appeared first on FOX NEWS

In this exclusive StockCharts video, Joe shares a specific ADX pattern that’s signaling potential exhaustion in the momentum right now. Joe analyzes three other market periods that displayed this pattern and the resulting correction which followed. He then discusses some of the most attractive looking cryptos, as well as QQQ and IWM. Finally, he goes through the symbol requests that came through this week.

This video was originally published on January 2, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

PASADENA, Calif. — For the majority of the regular season, Oregon looked like the best team in the country.

They took a few games to figure it out, but once the Ducks clicked, they were a scary sight. With an explosive offense capable of scoring at will, it looked like they were destined to win their first national championship and finally solidify themselves as a football powerhouse. 

Even after Ohio State routed Tennessee for the right to play Oregon in the Rose Bowl, the feeling on both sides was far from similar: Oregon had bulldozed its way through the Big Ten in its first season in the conference; Ohio State fans largely hadn’t gotten over the loss to Michigan. If the Buckeyes were to slip up again, the “lunatic fringe” – as Kirk Herbstreit described the most fanatic Ohio State fans – was ready to axe coach Ryan Day before the clock hit zero.

So as a stealth bomber flew across the Pasadena sky with kickoff moments away, the green side of the stadium was feeling optimistic about its first playoff appearance in a decade, while the scarlet and gray side readied its pitchforks once again.

But on New Year’s Day, it was the Ducks that laid an egg.

Oregon couldn’t replicate any of its magic and was soundly beaten by the Buckeyes, ending a dream season in the College Football Playoff quarterfinals.

It didn’t really make sense. Oregon was coming off a Big Ten championship game where it put up 45 points against a good Penn State defense. It was facing an Ohio State team it was able to attack in a thrilling win more than two months ago. Instead, the Rose Bowl Game was over before halftime.

What happened?

“Sometimes it’s not your day. I think that was today. It wasn’t our day today,” said coach Dan Lanning.

One quarter was all Ohio State really needed to prove it was better than Oregon. The Buckeyes were already up 7-0 after the first minute and the Ducks had back-to-back three-and-outs to start. By the end of the first 15 minutes, it was a 14-0 Ohio State lead and the Buckeyes were finding every big-play opportunity while Oregon couldn’t move the ball.

When it reached 34-0 by the second quarter, there wasn’t going to be anything Oregon could do to come back.

“We really didn’t have the ability to stop them, and we didn’t have the ability to get something going for us on offense,” Lanning said. “We just ran into a great team and we didn’t play our best.”

What killed Oregon were the big plays. Ohio State’s first four touchdowns were all at least 40-yard scores, absolutely crushing the spirit of a defense that ranked in the top 15 in several statistical categories. Ohio State receiver Jeremiah Smith was producing highlight after highlight and quarterback Will Howard was deceiving the defense to find guys open.

Lanning, the third-year Ducks coach, took the blame for the loss. He said the coaches didn’t have a good enough plan, and when things started to go south, adjustments weren’t made fast enough to stabilize the team. The Buckeyes did a good job getting their receivers in favorable one-on-one matchups, leading to big gains.

“They did a good job taking shots early on,” said senior linebacker Jeffrey Bassa. “They were just firing on all cylinders. Credit to them.”

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Concern with new College Football Playoff format?

Several of college football’s stakeholders are keeping their eyes on how the inaugural 12-team College Football Playoff unfolds. It’s safe to say there will likely be some changes to it in the near future.

Through three quarterfinal games, it’s the three teams that had to play a first-round game that moved on to the semifinals, while the three teams that got an opening-round bye are one and done. 

Did the long layoff hurt the conference champions who had to face teams with momentum?

“I think that’s an excuse,’ Lanning said. ‘I thought our guys prepared well going in. Obviously they had a better plan than us, but that’s an excuse.’

Almost immediately after the bracket was revealed, it was obvious the Ducks were not really rewarded for having a perfect regular season. They were going to get a tough opponent in the quarterfinals, while other teams like Penn State were seen as getting an easier path for a title run.

But Lanning isn’t mad about the situation. He said his team would’ve had to face great teams regardless of the round it did it in.

“We had an opportunity. We didn’t take advantage of the opportunity. I’m not going to make excuses for our opportunity,” Lanning said. “No complaints for us for having that opportunity. (Ohio State) took advantage of it and we didn’t.”

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PASADENA, Calif. – It’s only been 14 games, but Ohio State offensive coordinator Chip Kelly had already seen enough of receiver Jeremiah Smith to make his proclamation.

“He’s the best receiver in the country, and he showed it tonight,” Kelly told USA TODAY Sports.

It’s hard to argue.  

As the College Football Playoff stage gets bigger, the Buckeyes freshman receiver continues to shine. His latest offering – a dominant performance against top-seeded Oregon in the Rose Bowl to get his team into the semifinals. He finished the night with seven catches for 187 yards – a career-high that broke the school record for most receiving yards in a game by a freshman – and two touchdowns. He was named Rose Bowl offensive MVP.

It only took three plays for his impact to be felt Wednesday. Smith took a short toss from quarterback Will Howard and evaded multiple tacklers before so jogging into the end zone for a 45-yard touchdown. 

As he made his way into the end zone, he held up a peace sign and signaled to the Oregon crowd to quiet down, and that’s pretty much what they did anytime No. 4 got his hands on the ball.

Smith was doing it about any way he wanted to. He was winning one-on-one matchups against a top 10 passing defense and he was maneuvering through the secondary to find himself wide open for big plays. Each time Howard threw the ball toward Smith’s direction, you could sense the impending doom awaiting the Oregon fans and the anticipation to celebrate for the scarlet and gray.

What’s more impressive about Smith’s performance is that most of his damage came in the first half. Smith had five catches for 161 yards as Ohio State was comfortably ahead 34-8 at the break, while Oregon has accumulated only 131 total yards.

It’s bee quite the run for Smith since a loss to Michigan knocked the Buckeyes out of the Big Ten title game. Through two playoff games, Smith now has 13 catches for 290 yards and four touchdowns as Ohio State has gone up against two of the top defensive units in the country. 

There may have been an extra incentive for Smith to show out against Oregon. Leading up to the Rose Bowl, he recalled the disappointment of the one-point loss to the Ducks in October and how that experienced helped Wednesday’s performance.

“We knew we had to get the ball to the perimeter, take shots and just win one-on-one matchups, and that’s what we did,” Smith said. 

Oregon coach Dan Lanning had Smith capabilities in that first meeting as he finished with nine catches for 100 yards and a touchdown. 

Now after seeing Smith befuddle his defense again, Lanning believes he’s ready for the next level – even if he has to wait two more seasons. 

“He’s strong, attacks the ball in the air as well as any receiver I’ve ever seen. The guy is NFL-ready. He’s that talented and that special,” Lanning said. “He’s got all the tools. A really talented player.”

There is some irony that Ohio State is full of veterans and transfers lured through name, image and likeness, yet it’s a true freshman that’s setting the tone in the postseason. 

But that was the feeling Buckeyes coach Ryan Day had when Smith first stepped foot on campus. 

You just aren’t the nation’s top recruit by accident. Day said Smith has a serious demeanor and isn’t one to talk much, but whenever he does speak up, “people listen.”

“He had a look in his eye he wanted to make an impact as a freshman,” Day said. 

It’s clear there’s maturity, accountability and confidence in Smith. He recalled telling Howard, who had his own big day with 319 passing yards and three touchdowns, just to get the ball to him and other receivers and they’ll make the play for him.

“It doesn’t matter if it’s a bad ball or not, we’ll make our quarterback look good,” Smith said. 

Ohio State has been a cottage industry of producing standout receivers in recent years. Smith is looking every bit of someone who will be on the NFL draft stage in 2027. Before then, Buckeyes fans have the rest of this playoff run and more to marvel at their new star.

“He’s got a couple more years until he goes, but he’s as good as I’ve ever seen,” Kelly said.

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