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February 1, US President Donald Trumps special envoy visited Venezuela briefly on January 31, met with Venezuelan President Nicolas Maduro, and brought back six American citizens previously detained by Venezuela. The White House said that this visit does not mean that the US government recognizes the Maduro government. Venezuela hopes to continue to maintain contact with the United States in the future. Trumps special envoy Richard Grenell stayed in Venezuela for only a few hours. The White House said that his visit mainly discussed the repatriation of Venezuelans in the United States and seeking the release of Americans detained by Venezuela.Ukrainian officials: Russian missile and drone attacks on Ukraine killed one person in Kharkiv and two in Poltava.On February 1, NIO (NIO.N): 13,863 new cars were delivered in January, a year-on-year increase of 37.9%. Among them, the NIO brand delivered 7,951 new cars; the Ledao brand delivered 5,912 new cars. As of now, NIO has delivered a total of 685,427 new cars. Among them, the NIO brand has delivered a total of 658,754 new cars; the Ledao brand has delivered a total of 26,673 new cars. As of January 31, 2025, NIOs number of battery swap stations has reached 3,106, including 964 on highways. Since January 23, NIOs battery swap stations have replaced more than 100,000 times a day for 5 consecutive days, and it is expected that the number of orders will continue to set new highs during the Spring Festival.On February 1, Keith Kellogg, the special envoy for Russian-Ukrainian issues appointed by US President Trump, said that Trump is planning to put pressure on both Moscow and Kiev to promote the end of the Russian-Ukrainian conflict, according to TASS on February 1. Kellogg said that the issue of how to exert pressure is currently being discussed, and not only plans to put pressure on Russia and provide incentives, but also consider taking similar measures against Ukraine to provide Trump with bargaining chips to achieve his goals.February 1st news, on February 1st, Tianfeng International Securities analyst Guo Mingchi released a report pointing out that the new iPhone shipments in the United States in 4Q24 declined slightly YoY, while the Japanese market, which did not provide Apple Intelligence, had a high single-digit YoY growth in iPhone shipments in 4Q24. Apple Intelligence is not very helpful for iPhone sales. According to its industry survey, the overall iPhone shipments in 4Q24 declined by about 5.8%, but iPhone revenue only declined by 0.8% year-on-year in 4Q24, because the product shipment mix of iPhone in 4Q24 further improved. In terms of the new model Pro series share of total shipments, it has increased significantly from 54% in 4Q23 to 61%. In addition, users who buy the Pro series are very likely to pay extra for the version with higher storage space, so the contribution of the Pro series to the average unit price is very significant. Guo Mingchi said that the proportion of Pro models cannot be endlessly increased, and the decline in iPhone revenue in the Q12025 financial report is a warning. If Apple does not adjust its iPhone product and sales strategy, the trend will continue and iPhone revenue will decline by a mid-single-digit year-on-year in 2026.

S&P 500 Weekly Price Forecast – S&P 500 Defies Gravity Again

Alice Wang

Jan 30, 2023 15:54

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Weekly Technical Analysis for the S&P 500

Although the S&P 500 E-mini contract has gained ground over the last week, I believe the market is now attempting to persuade itself that the Federal Reserve will intervene and rescue it. If there isnt an immediate and big selling, I believe Jerome Powell will do all in his power to dispel this misconception. We have a whole generation of traders and money managers that have never dealt with inflation, so whether or not Wall Street decides to pay heed to them is an entirely other issue.


They only know that "Uncle Jerome" would intervene to rescue them if their losses get too severe.


The size of the candlestick is pretty amazing, and reaching the 4200 level would mean removing the inverted hammer from around two months ago. The fundamentals just do not support the market moving higher, but pricing is the one factor that cannot be contested. That would be a tremendously bullish move.


On the other side, if we were to drop below the candlestick's base, we would put the 3900 level in danger and may even allow for a drop below the 3800 level. Following that, there is the 200-Week EMA, which is located just above the 3700 level and where there is still a lot of support. Alternatively, things may become nasty if we collapse down there. In such case, we would see a highly unfavorable action.