Is Macy’s open on Thanksgiving 2024?The Gross Law Firm Reminds Humacyte, Inc. Investors of the Pending Class Action Lawsuit with a ...
Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon MuskThe connections are clear between the Tampa Bay Buccaneers and Carolina Panthers, longtime NFC South rivals. The teams get together for a meeting on Sunday in Charlotte and showed recent signs they can play with any team. "It's an NFC South battle," Buccaneers coach Todd Bowles said. "All of them are going to be hard, none of them (are) going to be easy. ... They're playing pretty good football. They missed some games here and there, but they're playing very good football. It's going to be a tough battle." Few introductions are needed on Sunday, as first-year Panthers coach Dave Canales came to Carolina after serving as Buccaneers offensive coordinator a season ago. Canales' prized pupil last season, Tampa Bay quarterback Baker Mayfield was with the Panthers for part of the 2022 campaign. "There's some familiarity," Canales said of his connection to the Buccaneers. "Knowing coach Bowles, he's got a really sophisticated system and he attacks each team with a specific game plan. There's some principles that carry over. I know that he's going to have some things up his sleeve." The Buccaneers (5-6) playing a division opponent for the first time since an Oct. 27 loss to the Atlanta Falcons. The goal will be notching back-to-back wins for the first time since the first two weeks of the season. Four different ball-carriers, including Mayfield, found the end zone on the ground during a 30-7 drubbing of the New York Giants last Sunday. Mayfield also completed 24 of 30 passes for 294 yards. "For me, the biggest thing was blocking and tackling," Bowles said of what his team did well last weekend. "We cleaned up the fundamental and technique part of it." Star wideout Mike Evans was back in action for Tampa Bay following a three-game absence due to a hamstring injury. He finished with five receptions for 68 yards against the Giants and now gets a crack at a Carolina team allowing a league-high 30.9 points per game this season. However, the Panthers have tightened up their play as of late, winning two games in a row before hanging with the two-time defending champion Kansas City Chiefs in a 30-27 setback last Sunday. The outing against Kansas City may have been the most efficient performance of Panthers quarterback Bryce Young's two-year career. Young completed 21 of 35 passes for 263 yards and one score without throwing a pick. "It's not all Bryce, it's the whole unit," Canales said. "It's a collective effort, but he certainly needs to be the voice and driver of that." Wide receiver Jalen Coker (quadriceps), tight end Ja'Tavion Sanders (neck) and safety Lonnie Johnson (personal) were all missing from practice on Wednesday for Carolina. Defensive end LaBryan Ray is dealing with a hand issue and was among those limited. Safety Jordan Whitehead (pectoral) was one of four Buccaneers to miss practice on Wednesday. Evans practiced in full. Carolina and Tampa Bay might as well get used to each other, as the two teams will collide again in Week 17. --Field Level Media
Aaron Judge wins second AL MVP in 3 seasons. Shohei Ohtani expected to win NL honor
SAN JOSE, Costa Rica -- The Inter-American Court of Human Rights ruled Monday that the Venezuelan government violated the political rights of former opposition presidential candidate Henrique Capriles . The court, based in Costa Rica’s capital, said in a statement that the government violated his freedom of expression, his right to equality under the law and judicial protections. Capriles, an upper-middle class lawyer, used his charisma and non-combative style to win the support of millions and become an electoral threat to the since deceased President Hugo Chávez in 2012. Capriles would lose that election, and another the following year after Chávez’s death, to current President Nicolás Maduro. It was during that second bid in 2013 that the court on Monday said the government violated Capriles’ rights and favored Maduro. State resources were used to bolster Maduro’s candidacy, the court said. Even so, the result was exceedingly close. The court ruled that Venezuela’s government undermined the integrity of the election and affected the right of Venezuelans to freely elect their leader. In 2017, Maduro’s administration barred Capriles from running again for 15 years . Capriles already had a ruling from the Inter-American Court of Human Rights in his favor. The court had ordered the Venezuelan government to lift the ban on his political participation, but it was ignored. In January, the Supreme Justice Tribunal ratified Capriles' ban until 2032. In July, Maduro was declared the winner of an election full of irregularities for which tally sheets from poll places gathered by the opposition showed their candidate, Edmundo González, had defeated Maduro by a wide margin. But Venezuela’s National Electoral Council, which is stacked with Maduro loyalists, declared him the election winner hours after polls closed. ____ Follow AP’s coverage of Latin America and the Caribbean at https://apnews.com/hub/latin-americaBATON ROUGE, La. (AP) — Louisiana’s Republican-controlled Legislature approved a constitutional amendment on Friday that would allow them to expand the number of crimes in which juveniles between 14 and 16 years old could be tried as adults. The state’s constitution currently outlines 15 violent juvenile offenses, such as rape, murder and armed robbery, which prosecutors can handle in adult courts. Any changes to that list of crimes must be approved by voters. But the constitutional amendment sponsored by Republican Sen. Heather Cloud — which require voter approval in March 29 elections to take effect — would allow legislators the power by a two-thirds vote to decide what juvenile crimes can be transferred to adult courts. It’s part of a wider push in Louisiana, which already has the in the country behind Mississippi, to implement tough-on-crime policies under Republican Gov. Jeff Landry. Since taking office in January, Landry has passed laws to treat 17-year-olds as adults in the criminal justice system, and allow as punishment for certain sex crimes against children. Supporters of the measure to make it easier to expand prosecution of juveniles as adults — backed only by Republican legislators — say it will grant lawmakers more flexibility to give prosecutors the tools they need to increase public safety. Vesting authority in the constitution “has hamstringed Louisiana from being able to address changes in an ever-changing juvenile crime landscape,” Cloud said on the Senate floor on Nov. 14. Opponents, including Democrats, social workers and criminal justice reform advocates, said specific offenses routing juveniles to adult courts should remain part of the constitution to keep this power in the hands of voters. “We’re taking the people’s voice away over how children should be treated in this state,” Democratic Sen. Katrina Jackson-Andrews said. Critics also argue the changes fail to confront the root causes of juvenile crime, namely poverty and underinvestment in education. Transferring juveniles into adult court would also prevent them from accessing age-appropriate rehabilitative services, criminal justice reform advocates and social workers testified during the legislative session. “I can view this in no other way than just giving up on children,” Democratic Sen. Royce Duplessis said on the Senate floor. “We’re going to say we’re just going to treat them all as adults, and we’re not going to do our part as a society, as policymakers, to address what’s really failing — this is not going to do a single thing to deter crime.” Some lawmakers said that juveniles committing violent crimes had been deprived of care from a young age and were past the point of rehabilitation, blaming their families as opposed to societal factors. “Some of these kids are already lost when they’re 2 years old,” said Republican Rep. Tony Bacala in a House committee hearing. Unless they are transferred to an adult court, young people tried in juvenile court can only be imprisoned until age 21 according to state law. The effect of the proposed constitutional change will be to open the door for Republican lawmakers to give prosecutors the power to hand down lengthy prison sentences to 14- to 16-year-olds, including for less severe crimes, said Bruce Reilly, deputy director of the Louisiana-based criminal justice reform advocacy group Voice of the Experienced. The Louisiana District Attorneys Association and the Louisiana Sheriffs’ Association said they supported the measure. But New Orleans Sheriff Susan Hutson said she was concerned the measure would “almost certainly further strain our already short staff” in the jail system. Federal law still considers 17-year-olds and younger as juveniles and requires them to be kept separate from adult inmates. District Attorney Tony Clayton, who represents West Baton Rouge and two other parishes, said he would not try a juvenile as an adult for having “marijuana in his wallet,” but for violent crimes. Violent crimes are on the decline nationwide according to the latest data from FBI’s Uniform Crime Reporting. Since mid-2023, which in 2022 had the among large cities nationwide. Conservative lawmakers argued this was the result of tough-on-crime penalties passed this year and Republican Gov. Jeff Landry’s decision to send state troops to New Orleans. Lawmakers supporting the amendment have focused on high-profile violent crimes by juveniles, such as a committed by teenagers — who were charged as adults — in which an elderly woman was beaten and dragged to her death. Louisiana is one of five states that classifies 17-year-olds as adults in the criminal justice system, according to the National Conference of State Legislatures. _____ Brook is a corps member for The Associated Press/Report for America Statehouse News Initiative. is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Brook on the social platform X: @jack_brook96 Jack Brook, The Associated Press
Wild first season in expanded Big 12 comes down to final weekend
Intel now has two CEOs: Will it soon be two companies?NoneTALLAHASSEE — Matt Gaetz’ knack for courting controversy has finally caught up with him. The right-wing firebrand, political prankster, steadfast Trump defender and party animal stepped down as the president-elect’s choice for Attorney General once it was made clear to him he didn’t have the needed support in the U.S. Senate. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
UK ready for ‘all eventualities’ if Trump launches trade war, says Reynolds
Boxxer promoter Ben Shalom believes a heavyweight clash between Nigeria’s Efe Ajagba and Martin Bakole would be “a great fight” as both camps work towards finalising the IBF title eliminator bout, PUNCH Sports Extra reports. The IBF has ordered No.4-ranked Bakole to face No.7-ranked Ajagba after both Agit Kabayel and Zhilei Zhang opted to face each other instead of the Congolese fighter, leaving him without an opponent for his next fight. “That’s a fight that we’d like to put on,” Shalom said. “Obviously Martin’s fought on Riyadh Season cards and I’m sure they’d be interested again, but it’s a fight we’d like to put on, more because he’s one fight away now from fighting for a world title.” Ajagba, who boasts a record of 20-1 with 14 knockouts, is coming off a career-best split decision victory over Guido Vianello and has already signalled his readiness for the bout with a confident “Let’s go” on social media. The Nigerian heavyweight, nicknamed “The Silent Roller,” earned the WBC silver title earlier this year and is promoted by Top Rank, who according to Shalom, are eager to make the fight happen. Related News Ajagba to battle Bakole in IBF mandatory Ajagba poised for world title shot Joshua drops six places, Ajagba 10th in WBA rankings “Ajagba’s a great fight and I believe, from speaking to Top Rank, that it’s a fight that they would not be ducking out of,” Shalom added. Bakole’s stock has risen considerably following his fifth-round demolition of previously unbeaten American prospect Jared Anderson in California last August, after which he declared, “You don’t stand with Martin Bakole. I am a big man, and I am a machine. No one wants to fight me.” The winner of the bout will become the mandatory challenger for IBF champion Daniel Dubois, who is scheduled for an optional title defence in February, with a potential unification bout against the winner of the Oleksandr Usyk vs Tyson Fury rematch on the horizon. “Fighting Martin Bakole, would you want your heavyweight fighting Martin Bakole? People have probably looked at the last few fights and seen what’s happened to Jared Anderson, and he can make very good fighters look very average,” Shalom noted. “Once he gets his world title, it will be impossible to avoid him.” With both fighters known for their heavy hands – each boasting 14 knockouts on their records – the clash promises to be an explosive encounter between two of boxing’s emerging heavyweight forces.NoneConfidence in team-first mentality key for Colorado Springs Switchbacks in championship season
AP News Summary at 3:15 p.m. ESTNovember 27 - Washington Spirit forward Ouleye Sarr will was placed on the season-ending injury list on Wednesday with a back injury. Sarr suffered the injury in a game against Portland on Sept. 7 and has been rehabbing with the team since. She finishes the season with eight goals and two assists in 19 matches. The France native joined the Spirit during the 2023 season and has 10 goals and four assists with the team. Sarr turned professional in with PSG in 2013 and has nine goals in 28 matches for France. That includes a four-goal performance against Estonia during qualification for last year's Women's World Cup. --Field Level Media Our Standards: The Thomson Reuters Trust Principles. , opens new tab
Enron , once among the largest energy companies in the U.S., has become a punchline since it famously collapsed amid inflated profits and corporate fraud in 2001. Now, social media posts, a slick promotional video and a revamped website suggest the infamous company is making a comeback. On Dec. 2, it posted promotional videos on TikTok , BlueSky and X about adapting to the changing world featuring inspiring imagery and diverse voices claiming "I am Enron" with the tagline, “We're back. Can we talk?” To coincide with the video and website launch, cryptocurrency bloggers speculated Enron will be involved in cryptocurrency exchange. Others speculated the rebranding is fake or parody . THE SOURCES WHAT WE FOUND On Dec. 2, a company calling itself Enron Corporation published a promotional video on social media, introduced a new website and issued a press release announcing a relaunch of the company. But the relaunched website calls itself a parody. The new company with the infamous name is owned by Connor Gaydos, the co-founder of satirical conspiracy group “Birds Aren’t Real.” A disclaimer on the website’s terms of service page reads, “THE INFORMATION ON THE WEBSITE IS FIRST AMENDMENT PROTECTED PARODY, REPRESENTS PERFORMANCE ART, AND IS FOR ENTERTAINMENT PURPOSES ONLY.” VERIFY reached out to the media contact listed on Enron’s website and in the press release about the site’s relaunch. Will Chabot , spokesperson for the current Enron brand and managing director of media strategy for Stu Loeser & Co., would not confirm or deny if the company was real or parody, but did direct VERIFY to the company’s articles of incorporation and press release about the relaunch. “I understand you had some questions about Enron's launch. While I'm not able to answer all of them (we'll have more to share soon - including a big announcement in the energy space - and will be sure to keep you in the loop),” Chabot told VERIFY. The latest iteration of Enron Corporation’s articles of incorporation were filed in Delaware on Feb. 28, 2024 by Gaydos, according to records provided to VERIFY by Chabot. Gaydos is the co-founder of Birds Aren’t Real , a satirical conspiracy group founded in 2017 that jokingly claims the U.S. government has been replacing living birds with surveillance drones. Gaydos registered the Enron trademark on May 13, 2020, through his The College Company LLC, which also has registered trademarks for Birds Aren’t Real. According to the trademark application for Enron, the trademark is used for shirts and other merchandise. The new website has merchandise for sale. Archival versions of Enron.com dating back to 1998 are available on The Wayback Machine. In January of 2024, the website domain of enron.com was available for purchase , archives of the page show. The last time that URL represented the bankrupt energy giant was in 2007 . There is no evidence to support claims the Enron brand was relaunched as a cryptocurrency firm, as some have speculated. There is a page on Enron’s new website titled “decentralization,” which is a common term to describe the kind of technology behind cryptocurrency. The website says, “Decentralized technology is advancing, and we will of course have a role to play in its future. We couldn't be more excited to show you, but until then please stay vigilant and avoid falling for scams. When we announce something, you'll know.” The VERIFY team works to separate fact from fiction so that you can understand what is true and false. Please consider subscribing to our daily newsletter , text alerts and our YouTube channel . You can also follow us on Snapchat , Instagram , Facebook and TikTok . Learn More » Follow Us Want something VERIFIED? Text: 202-410-8808US stocks are trading near their records as Wall Street takes Donald Trump’s latest talk about tariffs in stride, even if they could roil the global economy were they to take effect. The S&P 500 rose 0.3 per cent in morning trading and was on track to squeak past its all-time high set a couple of weeks ago. The Dow Jones lost 270 points, or 0.6 per cent, from its own record set the day before, while the Nasdaq composite was 0.6 per cent higher. Wall Street has climbed despite Donald Trump’s tariffs threat. Credit: AP The Australian sharemarket is set to climb, with futures at 5.02am AEDT pointing to a rise of 41 points, or 0.5 per cent, at the open. The ASX lost 0.7 per cent on Tuesday. The Australian dollar lost ground. It was 0.8 per cent lower at 64.53 US cents at 5.13am AEDT. Stock markets abroad were down, but mostly only modestly, after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Stock indexes were down 0.1 per cent in Shanghai and nearly flat in Hong Kong, while Canada’s main index was down 0.4 per cent. Trump has often praised the use of tariffs, but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for US companies, while raising the threat of retaliatory tariffs by other countries. Loading General Motors sank 7.3 per cent, and Ford Motor fell 1.8 per cent. Constellation Brands, which sells Modelo and other Mexican beers in the United States, dropped 4.4 per cent. Beyond the pain such tariffs would cause US households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun cutting its main interest rate from a two-decade high a couple of months ago to offer support to the job market. While lower interest rates can boost the overall economy and prices for investments, they can also offer more fuel for inflation. Unlike tariffs in Trump’s first term, his proposal from Monday night would affect products across the board. Trump’s tariff talk came almost immediately after US stocks rose Monday amid excitement about his pick for Treasury secretary, Scott Bessent. The hope was the hedge-fund manager could steer Trump away from policies that balloon the US government deficit, which is how much more it spends than it takes in through taxes and other revenue. The talk about tariffs overshadowed another set of mixed profit reports from US retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates instituted by the Fed to get inflation under control. Kohl’s tumbled 20.4 per cent after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear, which helped drag its revenue lower. Kingsbury said a day earlier that he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 8 per cent after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 2.4 per cent. A report on Tuesday from the Conference Board said confidence among US consumers improved in November, but not by as much as economists expected. Loading J.M. Smucker jumped 7.6 per cent for one of the biggest gains in the S&P 500 after topping analysts’ expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up US indexes. Gains of 2.7 per cent for Amazon and 1.9 per cent for Microsoft were two of the strongest forces lifting the S&P 500. In the bond market, Treasury yields rose following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury climbed to 4.31 per cent from 4.28 per cent late Monday, but it’s still well below the 4.41 per cent level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $US99,000 for the first time late last week. It’s since dipped back toward $US93,400, according to CoinDesk. It’s a sharp turnaround from the bonanza that had earlier taken over the crypto market following Trump’s election. That boom had also appeared to have spilled over into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP The Market Recap newsletter is a wrap of the day’s trading. Get it each we e kday afternoon . Save Log in , register or subscribe to save articles for later. World markets Wall Street Shares Most Viewed in Business Loading
Baltimore quarterback Lamar Jackson, the reigning NFL Most Valuable Player, leads fan balloting for the 2025 NFL Pro Bowl Games after one week of voting, the league announced on Monday. Ravens superstar Jackson set the overall pace with 44,681 votes followed by teammate Derrick Henry, the running back leader, in second overall at 40,729 votes. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Maxey scores 28 as 76ers rout Pistons 111-96
Inflation has U-turned north ... the risk of inflation derailing the bullish daisy chain ... consider trading today’s market ... the danger in comparison Many investors were too busy with Thanksgiving preparation to notice, but last Wednesday, we received an important inflation report that should be on your radar. Some in the financial media put a positive spin on it. For example, CNBC covered it with this headline, “Fed’s preferred inflation gauge rises 2.3% annually, meeting expectations.” While that’s true, there’s more to the story. Stepping back, I’m referencing October’s Personal Consumption Expenditures (PCE) price index. And as a quick refresh, month-to-month PCE rose 0.2% and the year-over-year figure climbed 2.3%. As the CNBC headline suggested, these numbers matched consensus forecasts. So, what’s the issue? After all, 2.3% inflation isn’t too far north of the Fed’s stated goal of 2% inflation. Well, headline PCE is well below its high in 2022, and that’s certainly a good thing. But let’s fill in a few details... This core reading strips out volatile food and energy prices. The monthly and yearly readings for core PCE came in at 0.3% and 2.8%, respectively. So, October’s 2.8% reading means that inflation remains 40% above the Fed’s goal. Now, you might brush this off based on where core PCE stood at its high in 2022 (5.6%), concluding “We’ve come a long way. This is still a great reading.” But even if so, we have a second issue – direction. As you can see below, core PCE is U-turning north. Some might say that the curve is just barely lipping upwards. This is nothing to be concerned about. But that depends on what you find concerning. While the slope of the core PCE readings above might not represent a dramatic resurgence of inflation, it’s certainly not evidence of, to quote Jerome Powell, “a sustainable path back to 2 percent.” Here are the month-to-month readings for core PCE over the last six months. May: 0.1% June: 0.2% July: 0.2% August: 0.2% September: 0.3%. October: 0.3%. Where is the sustained downward progress? Today’s record-high prices don’t include any significant room for error. The prevailing bullish narrative can be summarized this way... Inflation is vanquished... so, the Fed will cut rates many times in 2025... which will bring much-needed relief to financially exhausted consumers... which will bolster corporate earnings... which will relieve nosebleed valuations that are currently in bubble territory... which will keep the stock market party going. But if inflation isn’t vanquished, this happy ending doesn’t materialize (or at least, not to the same degree). That would leave us with a stock market that looks very expensive relative to earnings. To illustrate this, let’s start by looking at the forward price-to-earnings (PE) ratio. This shows what investors are paying today for what they believe will be earnings a year from now. According to data provider FactSet, today’s forward PE ratio is 22.0. Now, this level is already high all by itself. FactSet reports that the 5-year average reading is 19.6 and the 10-year average is 18.1. And keep in mind that this is based on expected earnings which represents optimistic earnings forecasts from excited analysts (if they were less excited, this metric would be even more expensive). Now, there is a valid case for this earnings excitement. Here in the Digest , we’ve profiled how Trump tax cuts and deregulation could cause an explosion in productivity that gooses earnings. But if growth and earnings don’t materialize, what we’re left with is a price for the S&P that’s leaning way out over its skis. For a sense of just how far out over its skis, let’s shift from the forward PE ratio to the Shiller PE ratio. This looks at what investors are paying relative to the average of the last 10 years’ worth of earnings. This smooths out short-term earnings fluctuations from different business cycles. We’re basically changing our analysis from “what we hope will happen,” to “what has already and is happening right now.” As you can see below, today’s Shiller PE ratio is basically tied for the second-highest valuation ever. So, why does the tiny little upswing in core PCE inflation matter? Because it jeopardizes the “priced for perfection” sequence of dominos that investors have already priced into the market. Our hypergrowth expert Luke Lango detailed the risk in one of his recent Daily Notes in Innovation Investor : Let’s say inflation pushes back above 3% and moves towards 4%. In that scenario, the Fed would stop cutting interest rates. They may even hike interest rates again. That means, in this hypothetical scenario, the 10-year Treasury yield could spike to 5% or more. The S&P 500 is trading at 23.5X forward earnings – among its richest valuations in history. Those valuation multiples on stocks will not be supported if the 10-year Treasury yield keeps spiking – meaning that, if we do get serious reinflation and yields spike, stock multiples will have to significantly drop. To be clear, Luke doesn’t believe this will happen, and it’s not his base case. But the most prepared investor is usually the most successful. So, as Luke is doing, it’s important that we look directly at this potential risk and plan accordingly. Regular Digest readers likely know what’s coming. This is the point at which we recommend you identify your conviction level for each stock in your portfolio... establish clear trailing-stop levels for all holdings you don’t own with ironclad conviction... mind your position sizes... but then remain with this bullish momentum until things change... While we stand by all that, let’s add two additional suggestions today... First, consider trading today’s market rather than adding to your buy-and-hold positions (unless those positions trade at attractive valuations). After all, the valuation of the average stock today doesn’t scream, “buy me for the long haul!” Trading can be an effective way to benefit from this bullish momentum while reducing the potential drawdown that might be lurking out ahead with a buy-and-hold approach. With this in mind, I’d like to introduce you to one of the most recent additions to our corporate family, Jeff Clark. Jeff is a 40-year market veteran who trades the markets regardless of direction – up, down, or sideways. Since Jeff’s team began tracking his trade results in 2005, he’s provided his subscribers with the opportunity to make triple-digit gains over 50 times and double-digit gains more than 160 times. To give you a better sense of Jeff and his trading approach, he recently sat down with our Editor-in-Chief Luis Hernandez for a short interview. You can watch it right here . They discuss Jeff’s philosophy... the specific pattern Jeff looks to drive his market moves (he calls it a “magic pattern”) ... and how limiting risk is an enormous part of his trading approach. Again, that interview is right here . By the way, just this morning, Jeff came out with a new position in his newsletter, Jeff Clark Trader . I’ll let him give you the overview: It’s a bad time to buy the banks. Indeed, the entire financial sector looks vulnerable to a decline. So, it’s probably a good time to add short exposure to the sector. It’s also worth noting that the bullish percent index for the financial sector (BPFINA) has been generating sell signals for the past few months. While none of the signals have led to a big decline yet, it is just a matter of time. Jeff’s new trade is a bet that banking is about to slide. For more of his analysis as a subscriber, click here to learn more about joining him . Check your motivation. Is your attention focused on your specific investment goals (and its related timeline)? Or is your focus drifting as parts of this market begin to melt up? A market like the one we’re in can be both fantastic and challenging – “fantastic” when our stocks are climbing... “challenging” when they’re not climbing as fast as other parts of the market that are in the headlines. Such FOMO-based comparison increases the odds of emotion-based market moves...which usually doesn’t end well. Warren Buffett had some blunt words about this years ago when interviewed on Charlie Rose: You can’t stand to see your neighbor getting rich. You know you’re smarter than he is, but he’s doing all these [crazy] things and getting rich ... so pretty soon you start doing it.... People don’t get smarter about things that get as basic as greed. Buffett’s late business partner, Charlie Munger, took it one step farther: The world is not driven by greed. It’s driven by envy. Bottom line: We’re in a bull market, so yes, we absolutely want to take advantage. But remember today’s valuation... remember the rosy assumptions underpinning bullish forecasts... and make sure you know how you’ll handle it whether this bull lasts another two years or two days. Have a good evening, Jeff Remsburg