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Vance issues ultimatum to Russia, Ukraine on peace negotiations

Politics 3 Mins Read

Vice President JD Vance told reporters in India that the U.S. had offered Russia and Ukraine ‘a very explicit proposal’ to end the war that has been ongoing for over three years: make a deal or risk the U.S. walking away.

‘We’ve issued a very explicit proposal to both the Russians and Ukrainians, and it’s time for them to either say yes or for the U.S. to walk away from this process. We’ve engaged in an extraordinary amount of diplomacy, of on-the-ground work,’ Vance told reporters.

The vice president also said that ‘the only way to really stop the killing is for the armies to both put down their weapons, to freeze this thing and to get on with the business of actually building a better Russia and a better Ukraine.’

Vance’s comments come after Secretary of State Marco Rubio confirmed that he would not be attending talks in London aimed at facilitating a ceasefire. On Tuesday, State Department spokesperson Tammy Bruce told reporters that Rubio would not be attending the talks due to ‘logistical issues.’ 

The secretary later wrote in a post on X that he was planning on ‘following up after the ongoing discussions in London and rescheduling my trip to the UK in the coming months.’

During Tuesday’s briefing, Bruce also said Gen. Keith Kellogg, special presidential envoy for Ukraine, would represent the U.S. at the talks in London.

On Friday, Rubio suggested that the U.S. might walk away from negotiations to end the war within ‘a matter of days,’ despite President Donald Trump’s ongoing efforts to secure a ceasefire deal. Trump later told the press that Rubio was ‘right in saying that we want to see it end.’

‘Think about it, every day a lot of people are being killed as we talk about, you know, as they play games, so we’re not gonna take that,’ Trump told reporters. He also said he thinks the U.S. has a ‘good chance’ of bringing peace to Ukraine and Russia.

Security experts, however, are not as confident that peace is on the horizon, as some warn that Russian President Vladimir Putin does not want peace.

Trump seems to be hoping to entice Putin and Ukrainian President Volodymyr Zelenskyy to stop the fighting with talk of how both countries could benefit from doing business with the U.S. after the war ends. He made the remark after Ukraine and Russia’s temporary Easter ceasefire ended. Both Ukraine and Russia accused each other of violating the ceasefire.

Fox News’ Caitlin McFall contributed to this report.

This post appeared first on FOX NEWS

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Politics

Trump insists Ukraine-Russia peace deal is close, but mistrust in Putin leaves experts skeptical

Politics 5 Mins Read

President Donald Trump this week said he is ‘very’ optimistic that Ukraine and Russia will enter into some sort of deal in the coming days, but security experts are still sounding the alarm that Russian President Vladimir Putin does not want peace. 

A feeling of geopolitical whiplash is surrounding Washington after the Trump administration last week said it would abandon peace efforts if a ceasefire cannot be secured, though days later Trump said there is a ‘very good chance’ a deal will be reached this week.

The White House did not respond to Fox News Digital’s questions about what it would mean should the U.S. walk away from one of Trump’s top campaign trail issues: ending the war in Ukraine. 

The administration also has not clarified if Washington would take retaliatory measures against Putin, as Trump threatened to do last month.

‘Simply because Trump hasn’t announced any consequences yet does not mean that he doesn’t plan on taking some anti-Russia measures,’ former DIA intelligence officer and Russia expert Rebekah Koffler told Fox News Digital. ‘Trump almost certainly intends for his economic warfare against China to serve as an example to Putin how far Trump is willing to go to compel his adversaries to his will.’

‘But unlike the China case, there’s no similar dependence between the U.S. and Russia. Trump’s decision on Russia is much more complicated, more risky and requires more thought,’ she added. ‘He may or may not take draconian economic steps against Russia, as Putin may take devastating, non-kinetic actions against the U.S. 

‘It’s Trump’s risk tolerance vs. Putin’s now,’ Koffler said. ‘And both like to win and both have risk tolerance way above average.’

The White House did not respond to questions by Fox News Digital on whether the U.S. would still aid Ukraine in some capacity, particularly given recent restrictions on military aid Trump has implemented on Kyiv, like refusing to sell Patriot missiles previously used to defend civilian populations from Russian strikes and that cost $1.5 billion a piece.

‘If we want to be a global superpower, and we want to deter aggression, not with U.S. troops on the ground, but in general, to deter aggression because it is good for our national security, then we should continue to support Ukraine,’ former CIA Moscow Station Chief Dan Hoffman told Fox News Digital. ‘It’s a tiny percentage of the Department of Defense budget.’

‘The return on investment is pretty high,’ he added, referring to the $66.5 billion in military assistance Washington has provided Kyiv since Russia’s February 2022 invasion, compared to the $841.4 billion defense budget congressionally approved for 2024 alone, a figure which Trump has pushed to increase.

A Ukrainian delegation was set to meet with Trump administration officials in London on Wednesday alongside other European partners, including representatives from the U.K., France and Germany.

Special envoy Steve Witkoff is reportedly set to return to Moscow this week to continue negotiations with Russian officials, though the Kremlin has not indicated they are anywhere near agreeing to ceasefire terms, let alone a peace deal.

A spokesperson for Putin, Dmitry Peskov, on Tuesday reportedly said the issue of Russia’s invasion was too ‘complex’ to achieve a quick fix and warned against rushing into a deal.

‘It is not worth setting any rigid time frames and trying to get a settlement, a viable settlement, in a short time frame,’ he said.

The Kremlin’s position has given credence to repeated warnings from security experts that Putin is not interested in securing a peace deal with Ukraine. 

‘There’s no indication that Putin wants to stop the war,’ Hoffman said. ‘That isn’t surprising. Because for a war to end, somebody has to win or both sides have to be so tired they can’t continue to fight. 

‘Russia is the invader, so you have to stop them in order to have an end of the war,’ he added. ‘The one consistent thing here is Putin is continuing to fight. His objective is to overthrow the government in Ukraine. He’s going to keep fighting until he feels like he has accomplished that goal or he can’t fight anymore.’

Koffler echoed Hoffman’s position: ‘Putin will be pursuing the same strategy regardless of Trump’s actions; that is continuing the war of attrition until Ukraine capitulates or is completely destroyed and the government collapses.’

‘Putin would like to string Trump along and will continue to try doing so,’ she added.

A report by the Moscow Times on Tuesday cited sources close to Putin and said the Kremlin chief is looking to reorder the global ‘spheres of influence’ by negotiating leverage points between the U.S. and adversaries like Iran and North Korea. 

The article claimed that Putin would attempt to get Trump to either force a less-than-desirable deal for Ukraine or potentially stop the U.S. from aiding Kyiv by proposing personally enticing deals, like allowing Trump to build a hotel in Moscow, and geopolitical wins, like securing a nuclear agreement with Iran and a ‘peace deal’ in Ukraine.

Fox News Digital could not verify the report’s claims, but Koffler agreed it could be a strategy that Putin is looking to employ as the U.S. pushes deals across Europe and the Middle East. 

‘He could promise Trump not to share certain sensitive technologies to these two [nations],’ Koffler said. ‘And he could convince Iran not to operationalize and weaponize its nuclear program in exchange for Trump’s promise not to target Iran’s nuclear facilities in a kinetic strike and to lift sanctions from Russia. 

‘The important aspect of all of this is to give these adversaries face-saving opportunities, which is not a strong point for the U.S. style of diplomacy,’ Koffler said. ‘But Putin’s ability to convince Trump and Trump’s decision calculus are two different things.’

This post appeared first on FOX NEWS

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Politics

EPA fires or reassigns hundreds working on ‘environmental justice’

Politics 3 Mins Read

President Donald Trump’s administration is firing or reassigning over 450 employees at the Environmental Protection Agency as part of a larger push to eliminate ‘environmental justice’ programs.

EPA Administrator Lee Zeldin announced the employee moves on Monday, saying 280 staffers were being fired, and 175 others would be reassigned. The cut roles were in the Office of Environmental Justice and External Civil Rights, the Office of Inclusive Excellence, and EPA regional offices.

‘EPA is taking the next step to terminate the Biden-Harris Administration’s Diversity, Equity, and Inclusion and Environmental Justice arms of the agency,’ a spokesperson told Axios.

Zeldin explained at a Monday press conference that tax dollars put toward environmental justice issues were widely misspent.

‘The problem is that, in the name of environmental justice, a dollar will get secured and not get spent on remediating that environmental issue,’ he said.

The firings come the same week that Zeldin launched talks with Mexico about eliminating sewage contamination that flows over the border from Tijuana to pollute California’s coastlines.

Zeldin visited San Diego to discuss the issue on Tuesday, noting that one of the affected areas is the training grounds for Navy SEALs.

‘The Americans on our side of the border who have been dealing with this… for decades, are out of patience,’ Zeldin said Tuesday. ‘There’s no way that we are going to stand before the people of California and ask them to have more patience and just bear with all of us as we go through the next 10 or 20 or 30 years of being stuck in 12 feet of raw sewage and not getting anywhere.’

‘So we are all out of patience,’ he continued. ‘There’s a very limited opportunity. We’re in good faith, both on the American side and also on the Mexican side, what’s being communicated by the new Mexican president is an intense desire to fully resolve this situation.’ 

Zeldin said that he met with Mexican officials for about 90 minutes Monday night to discuss the sewage spewing into U.S. waters — and relayed that the Mexican environmental secretary wants to have a ‘strong collaborative relationship’ with the U.S. to end the pollution. 

‘I will be speaking with the chief of staff to the Mexican environmental secretary to ensure that over the course of the coming days, over the course of the next couple weeks, that we are able to put together a specific statement from both countries on a mutual understanding of what Mexico is going to do to help resolve this issue,’ he said.

Fox News’ Emma Colton contributed to this report.

This post appeared first on FOX NEWS

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Business

RTX, GE Aerospace expect more than $1 billion tariff impact

Business 2 Mins Read

RTX and GE Aerospace expect a more than $1 billion impact combined from President Donald Trump’s tariffs on imported goods and materials, the latest sign of higher prices for major U.S. manufacturers that rely on a global supply chain.

Neil Mitchill, chief financial officer of defense contractor and commercial aerospace supplier RTX, said on an earnings call Tuesday that the company will likely take a $850 million hit this year from tariffs, including the sweeping 10% levies that Trump imposed earlier this month alongside higher duties on countries like China and separate taxes on imported steel and aluminum.

That estimate doesn’t include RTX’s own tariff mitigation measures, Mitchill said.

GE Aerospace, which makes engines for popular Boeing and Airbus planes, kept its 2025 earnings outlook in place during its quarterly report Tuesday and said it would seek to save about $500 million by cutting costs and raising prices.

GE Aerospace CEO Larry Culp said on Tuesday’s analyst call that he recently met with Trump and discussed the U.S. aerospace sector’s trade surplus. GE has a joint venture with France’s Safran to make popular airplane engines.

The new tariffs are a shift for a global industry that has enjoyed mostly duty-free trade for decades.

“All we have suggested is the administration works through a myriad of issues, is they can consider the position of strength that the country enjoys as a result of this tariff-free regime,” Culp said.

The White House didn’t immediately comment.

Boeing, a major customer of both companies and the top U.S. exporter, is scheduled to report quarterly results before the market opens on Wednesday.

Airlines have recently announced cuts to U.S. domestic capacity plans this year because of softer demand, but executives have emphasized it is hard to predict the direction of the economy or future trade policies. United last week provided two earnings outlooks for 2025, one in the event of a recession, one assuming status quo.

“There is uncertainty,” Culp said Tuesday. “None of us, I think, know for sure how this plays out.”

This post appeared first on NBC NEWS

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Business

’60 Minutes’ producer leaves show, citing a loss of journalistic independence

Business 4 Mins Read

The top producer at CBS’ “60 Minutes” announced Tuesday he would step down from the newsmagazine because he had lost his journalistic independence.  

“Over the past months, it has … become clear that I would not be allowed to run the show as I have always run it,” Bill Owens said in a memo to staff members, which was obtained by NBC News. “To make independent decisions based on what was right for ‘60 Minutes,’ right for the audience.” 

“So, having defended this show — and what we stand for — from every angle, over time with everything I could, I am stepping aside so the show can move forward,” Owens added.  

Owens’ departure comes during a tumultuous chapter for “60 Minutes.” President Donald Trump has sued CBS for $10 billion over an October interview with then-Vice President Kamala Harris that the president claims was deceptively edited. The network has denied that claim. 

Trump amended the lawsuit earlier this year, upping his damages claim to $20 billion.

“Former President Donald Trump’s repeated claims against ‘60 Minutes’ are false,” CBS News said in a statement in October. “The interview was not doctored” and the show “did not hide any part of Vice President Kamala Harris’s answer to the question at issue.”  

In a separate statement, “60 Minutes” said it gave an excerpt from its interview with Harris to the Sunday morning program “Face the Nation,” which used a longer section of the former Democratic presidential candidate’s answer to a question.

“Same question. Same answer. But a different portion of the response. When we edit any interview, whether a politician, an athlete, or movie star, we strive to be clear, accurate and on point,” the statement said. “The portion of her answer on 60 Minutes was more succinct, which allows time for other subjects in a wide ranging 21-minute-long segment.”  

Bill Owens, Executive Producer of 60 Minutes, CBS News, in Toronto on June 22, 2022.Piaras Ó Mídheach / Sportsfile via Getty Images file

Trump has repeatedly lambasted the venerable newsmagazine over its reporting on him and his administration.  

In a post on Truth Social on April 13, for example, Trump wrote: “Almost every week, 60 Minutes … mentions the name ‘TRUMP’ in a derogatory and defamatory way, but this Weekend’s ‘BROADCAST’ tops them all.” He appeared to take issue with segments about the war in Ukraine and his interest in acquiring Greenland.  

Trump added that he believed CBS should lose its broadcast license and “pay a big price.” He said he hoped Federal Communications Commission Chairman Brendan Carr would “impose the maximum fines and punishment.”   

Owens’ exit, first reported by The New York Times, also comes at a pivotal moment for CBS’ parent company, Paramount. Shari Redstone, Paramount’s controlling shareholder, reportedly needs the Trump administration to approve her media conglomerate’s sale to Skydance Media, a production and finance company run by David Ellison, the son of tech mogul Larry Ellison. 

The New York Times reported in late January that Paramount was in settlement talks with Trump. The Times later reported that Owens told staff members he would not apologize for the Harris interview as part of any prospective settlement. NBC News has not independently verified either report. 

In his memo to staff, Owens said “60 Minutes” would “continue to cover the new administration, as we will report on future administrations. We will report from war zones, investigate injustices and educate our audience. In short, ‘60 Minutes’ will do what it has done for 57 years.”  

“Thank you all, remain focused on the moment, our audience deserves it,” Owens said in closing.  

Wendy McMahon, president and CEO of CBS News, notified company employees by email that Owens would be leaving and touted his work at the company.

“Tom and I are committed to 60 Minutes and to ensuring that the mission and the work remain our priority,” McMahon said, referring to CBS News president and executive editor Tom Cibrowski. 

This post appeared first on NBC NEWS

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Stock

The Best Five Sectors, #16

Stock 4 Mins Read

Top 5 Remains Unchanged

The latest sector rotation analysis reveals a market that’s still playing defense. Despite some minor shuffling in the lower ranks, the top five sectors remain unchanged this week—a sign that the current defensive positioning is settling into a more stable pattern.

Consumer staples is holding its ground at the number one spot, followed by utilities, financials, communication services, and health care. This lineup underscores the market’s continued preference for defensive plays.

  1. (1) Consumer Staples – (XLP)
  2. (2) Utilities – (XLU)
  3. (3) Financials – (XLF)
  4. (4) Communication Services – (XLC)
  5. (5) Healthcare – (XLV)
  6. (6) Real-Estate – (XLRE)
  7. (8) Industrials – (XLI)*
  8. (9) Consumer Discretionary – (XLY)*
  9. (10) Materials – (XLB)*
  10. (7) Energy – (XLE)*
  11. (11) Technology – (XLK)

Weekly RRG

The weekly Relative Rotation Graph (RRG) paints a clear picture of the defensive sectors’ strength. Consumer staples and utilities are continuing to move further into the leading quadrant, solidifying their dominant positions. Healthcare, while ranked fifth, is located within the leading quadrant, but has lost some relative momentum over the past two weeks — something to keep an eye on.

Interestingly, financials and communication services, ranked third and fourth respectively, are showing signs of momentum loss, despite maintaining elevated RS ratio levels. Communication services have actually crossed into the weakening quadrant this week. At current RS-Ratio levels, this is not too concerning yet.

Daily RRG: Staples and Utilities Slightly Losing Relative Momentum

Zooming in on the daily RRG provides some nuanced insights. Staples and utilities, while still disconnected from other sectors at high RS ratio levels, have lost some relative momentum in the last week. Utilities have dipped into the weakening quadrant on this timeframe, but, given its high relative strength (RS) ratio, it’s not a major concern, at least not yet.

Financials and health care are also in the weakening quadrant on the daily RRG, but they’re flirting with the 100 level on the RS ratio scale. We haven’t seen a crossover yet, but it’s definitely a situation to be aware of.

One bright spot: communication services, despite being in the lagging quadrant, is showing signs of rolling back up. This aligns with its positive heading on the weekly RRG, suggesting potential improvement ahead.

Consumer Staples (XLP)

XLP is flexing its muscles, pushing against overhead resistance—a show of strength, given the S&P 500’s weakness. A break above the 83 area could unlock more upside potential, further cementing Staples’ defensive appeal. The relative strength line is attempting to break above horizontal resistance, dragging both RRG lines higher and pushing XLP deeper into the leading quadrant.

Utilities (XLU)

Utilities are showing a similar pattern to staples, though not quite as robust. XLU has retreated into its trading range, between roughly 73 and 80, currently sitting in the mid-range. Given the broader market weakness, this is still a positive setup for utilities. The sector is attempting to break above its relative resistance, which is propelling the RRG lines above 100 and deeper into the leading quadrant.

Financials (XLF)

Financials took a hit but found support around 42, bouncing strongly back towards the 47-47.50 resistance area. This sets up a limited upside potential, but the downside seems well-protected for now. The raw relative strength uptrend remains intact, keeping XLF in the leading quadrant, despite some leveling off of the RRG lines.

Communication Services (XLC)

XLC has been the biggest loser among the top sectors, breaking support around 95 and declining rapidly to support near 82.50. We’re currently seeing a bounce off that support. Relative strength is maintaining its rising channel, keeping the RS ratio well above 100. However, the momentum line has dipped below 100, temporarily pushing XLC into the weakening quadrant. The uptrend in relative strength is still in play, though — something to watch closely.

Health Care (XLV)

Healthcare is struggling, grappling with support between $132.50 and $135. A potential head-and-shoulders top formation is developing — a pattern we’re seeing in several sectors, to be honest. XLV is clearly the weakest of the top five, explaining its fifth-place ranking. Relative strength is struggling to maintain its upward trajectory. While both RRG lines remain above 100, we need to see a clear break in relative strength and the formation of an uptrend in order for healthcare to maintain its top-five status.

RRG Portfolio Performance

An update on our RRG portfolio of top five sectors: As of Friday’s close, the portfolio is down 10.2% year-to-date, compared to the S&P 500’s (using SPY as the benchmark) decline of 9.96%. This has resulted in a slight underperformance of 0.2%. However, it’s worth noting that we’re catching up to the benchmark after last week’s more significant underperformance — we’re on the rise again.

#StayAlert –Julius

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Safer Stock Picks for an Uncertain Market (High Yield + Growth)

Stock 1 Min Read

In this video, as earnings season heats up, Mary Ellen reviews current stock market trends, highlighting top-performing stocks during past bear markets that are showing strength again today. She also shares a proven market timing system that’s signaled every stock market bottom, helping investors stay ahead of major turning points.

This video originally premiered April 18, 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.

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Stock

DP Trading Room: Long-Term Outlook for Bonds

Stock 2 Mins Read

The market continued to slide lower today as the bear market continues to put downside pressure on stocks in general. Bonds and Yields are at an inflection point as more buyers enter the Bond market which is driving treasury yields higher. What is the long-term outlook for Bonds? Carl gives you his thoughts.

First, Carl covered the market as a whole before discussing his long-term outlook for Bonds and Yields. Not only did he cover the SPY and its indicators, he looked at the rally in Bitcoin and the vertical rally for Gold among others. Crude Oil is pulling back again and the Dollar continues to lose strength.

After covering the market, he discusses his thoughts on Bonds. This was followed by questions.

Erin jumped in to cover sector rotation. There are clear problems and clear strength visible among the sectors, but ultimately all are struggling including defensive sectors Utilities and Real Estate. She zeroed in on the Energy sector and Consumer Staples sector “under the hood”.

Finally the pair finished by taking viewer symbol requests.

01:01 DP Signal Tables

05:03 Market Overview

13:28 Bond Discussion

17:08 Magnificent Seven

22:56 Questions

30:07 Sector Rotation

40:04 Symbol Requests

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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

(c) Copyright 2025 DecisionPoint.com

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

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Bearish Warning: 3 Market Sentiment Indicators You Can’t Ignore

Stock 1 Min Read

In this video, market sentiment, investor psychology, and stock market trends take center stage as David Keller, CMT, shares three powerful sentiment indicators that he tracks every week. He explains how the values are derived, what the current readings say about the market environment in April 2025, and how these levels compare to past bull markets and bear markets. If you’re looking for a sentiment playbook to navigate these markets, this analysis will give you the edge.

This video originally premiered on April 21, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.

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Stock

Three Stocks to Watch This Earnings Week

Stock 5 Mins Read

Tesla Inc. (TSLA)

Tesla, Inc. (TSLA) remains one of the world’s most volatile and discussed stocks, with Elon Musk’s political bent having made it a lightning rod of discussion. Sales continue to fall – especially in Europe – and Musk’s personal focus seems to be on many other areas. It will be interesting to see how the numbers look and what if any guidance may be given when Tesla reports on Tuesday afternoon.

Technically, shares have made a full reversal since their post-election rally and now sit poised to move again. This is not an ideal-looking chart for the bulls, as key levels of support have been breached, the near-term trend is lower, and the long-term trend is a volatile mess.

FIGURE 1. DAILY CHART OF TESLA STOCK PRICE.

Currently, there’s a descending triangle in a near-term downtrend, with a floor around $215. It has been tested twice and held, but each rally continues to be met with strong resistance. There is more overhead resistance and work to be done to get shares on the right ascending track.

During a rally, there are three levels where sellers should take charge. The first level coincides with the current triangular downtrend line and old support, now resistance, which goes back to its pre-election breakout around $270. Then there is also the 200-day moving average just over $290. Lastly, there is the downtrend from the recent highs at the $300 level.

Momentum favors the bears on any rally, and weakness could plunge the stock towards its August 2024 lows around $180. It is not an ideal risk/reward set-up going into the numbers. Both key momentum indicators — relative strength index (RSI) and moving average convergence/divergence (MACD) — appear to be stalling, which makes this stock one to avoid despite all the news it may cause later this week.

Service Now (NOW)

ServiceNow, Inc. (NOW) shares have been decimated since reporting earnings last January. The software company, the fourth-largest company in the iShares Tech-Software ETF (IGV), looks to rebound when it reports earnings after the close on April 23.

Technically, recent price action is showing signs of a bottom, and the risk/reward set-up is getting clear.

FIGURE 2. DAILY CHART OF SERVICE NOW.

The sell-off reached a crescendo after “Liberation Day” and snapped back to levels that set up a plan of attack as we go into this week’s earnings. Shares reached extreme oversold conditions on both the MACD and RSI readings before hitting recent lows. Price action on the biggest move lower showed a divergence in both indicators, and didn’t confirm that last move down.

There are two bullish divergences after a severe drawdown, which is a positive. The Fibonacci retracement levels from the beginning of the bull market to its recent peak also show a positive development. The sell-off found support right at the 61.8% “golden ratio” level, which coincided with prior support going back to the lows of 2024.

Momentum is turning, a floor seems to be apparent, and we have something to reverse – all good signs for a bull case. While the moves are rather wide, targets to the downside look to be set just above $675.

To the upside, a simple mean reversion takes shares back to their declining 50-day moving average just above $865. If it breaks above there, watch for a test of the 200-day moving average, which is another $60 higher.

If you were to believe that a solid number is coming on Wednesday afternoon, as it has in all but one quarter going back to 2018 (last quarter they missed), then it may be a good entry point to capture the upside. However, as it sits in the middle of a range, it’s more of a coin flip here. Currently, it looks as though we have a sell-off that should be bought and a rally that should be faded.

One thing we do know is that it will be interesting to see if the stock can try to recapture its longer-term uptrend in a rather tricky tape.

Alphabet, Inc. (GOOGL)

Alphabet (GOOGL) continues to make headlines as it deals with ongoing litigation in Washington and competition from search engines like ChatGPT. Shares have been under pressure all year and are at a fork in the road coming into their Thursday numbers.

FIGURE 3. WEEKLY CHART OF GOOGL STOCK.

We kept this weekly chart as simple as possible to show this “fork-in-the-road” scenario. At the end of 2024, the chart completed a beautiful saucer bottom pattern and broke out. It almost achieved its upside targets around $220, but fell just short.

Then it broke down.

After its initial breakout, GOOGL rallied and paused. Price faded back to test old resistance after its initial leg higher. That level of old resistance became support, in textbook fashion. Shares rallied from there to make new all-time highs; then, they failed again.

Now, GOOGL sits at a key level that was tested once last week and held. Shares never closed below the key support area around $150. That sets traders up with a risk/reward scenario that seems favorable, for now. Anyone buying the stock here has two levels from which to cut their losses if price were to break down from here.

Watch the recent intraday lows at $140.50 and then the rising 200-week moving average at $136. If it closes below there, you should exit the stock and wait for a better entry point. 

To the upside, there is smooth sailing to the 50-week moving average just above $172. It may take a strong beat and guide in this macro environment to push much higher, but the lines are set as we head into this busy week of earnings. 

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