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On February 15th, the State Administration for Market Regulation (National Standardization Administration) recently approved and released the national standard "Evaluation Guidelines for Park City Construction" (GB/T47111—2026). This standard systematically stipulates the general principles, framework, construction content, process, and methods for evaluating park city construction. First, it clarifies the principles of park city construction evaluation, emphasizing a comprehensive, people-oriented, site-specific, and scientifically applicable approach, while focusing on process objectivity and the application of results. Second, it constructs a comprehensive construction evaluation framework, covering five aspects and ten evaluation items: natural ecology, spatial form, living environment, ecological empowerment, and urban governance. Third, it provides clear and specific evaluation content and methods, offering guidance on core aspects such as symbiotic patterns, parks and greenways, and urban-park integration, and standardizing the evaluation process and methods from preparation and evaluation to the summary stage. Fourth, it encourages localities to construct evaluation indicator systems that suit their local characteristics, based on their own resource endowments and development stages, and to build park cities according to local conditions. The release and implementation of this standard will help scientifically guide park city construction across the country, providing standard support for localities to conduct park city construction evaluations based on their own characteristics and local conditions.On February 15th, Tesla CEO Elon Musk revealed that Tesla (TSLA.O) will cease selling its Full Self-Driving (FSD) assistance system on a one-time payment basis, instead adopting a monthly subscription model. This change will take effect after February 14th. Tesla previously sold the system for a one-time payment of $8,000 or a monthly subscription fee of $99. While Musk did not explain the reason for this adjustment, his compensation is partly dependent on business growth. According to the compensation plan approved by shareholders last November, Tesla must achieve several targets, including reaching 10 million FSD subscribers, before Musk can receive additional stock awards. Furthermore, it was reported that in Australia, the deadline for the one-time purchase option has been postponed to March 31st.On February 15th, the Ministry of Transport released the "Analysis Report on the Operation of the National Highway Network during the Spring Festival Holiday," which indicates that traffic flow on the national highway network during this years Spring Festival holiday will exhibit characteristics of "low at the beginning and high at the end, with tidal fluctuations." The report shows that the average daily traffic flow on national expressways during the Spring Festival holiday is expected to be approximately 55 million vehicles, a 4.5% increase compared to the average for the same period in 2025. The peak traffic flow is expected to occur on the penultimate day of the Spring Festival holiday, the sixth day of the Lunar New Year, reaching an estimated 71 million vehicles, approximately double the usual daily traffic volume. During the Spring Festival holiday, passenger cars are expected to account for over 99% of all passenger vehicles on national expressways. In terms of travel structure, self-driving for family visits remains the core demand, while the proportion of tourism travel is expected to further increase compared to previous years, placing significant pressure on transportation services in popular tourist cities.February 15 - Japanese police said on February 15 local time that a stabbing incident occurred in Dotonbori, Chuo Ward, Osaka City in the early hours of the day, resulting in the death of one victim. Police have taken a male suspect in his 20s into custody.On February 15th, it was reported that on February 14th local time, the U.S. Department of Justice sent a letter to members of Congress explaining the redacting of documents in the Jeffrey Epstein case. The letter outlined the types of redacting and provided a detailed list of numerous prominent or "politically sensitive" individuals mentioned in the documents, even though they had no direct contact with Epstein or his ex-girlfriend and accomplice Maxwell, but were mentioned in news clippings and other sources.

S&P 500 Price Forecast – Stock Markets Continue to Struggle

Alice Wang

Jul 15, 2022 15:54

Technical Analysis of the S&P 500

Due to the ongoing pessimism, the S&P 500 has decreased somewhat during Thursday's trading session. At this time, it seems as if the market is prepared to go further, maybe attempting to approach the most recent lows at the 3637 level. In the end, this market should continue to see a lot of agitated behavior. I believe that fading rallies will remain a significant problem. The 50 Day EMA is now hanging in the general vicinity of the 3950 level, which serves as the ceiling at this time.


Ultimately, your indication to become engaged will be when you start to feel exhausted after brief rallies. Given the lack of global growth and the fact that inflation is still a problem, I do believe the downward trend will continue. Additionally, the Federal Reserve is rapidly tightening monetary policy, and as a result, a 100 basis point interest rate rise is being predicted. Due to the fact that the S&P 500 contains so many significant exporters, it is extremely probable that we will continue to see significant problems with the global economy.


In the end, a running season is approaching, so there could be some "hopium" waiting to happen, but after hearing J.P. Morgan declare, "We have never seen an economic scenario like this," during its results presentation, I don't think this earnings season will be cause for celebration. After a rally, I will suppress any indications of tiredness.