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February 7th - Canada and France opened consulates in Nuuk, the capital of Greenland, a Danish autonomous territory, on February 6th, marking a substantial step forward in strengthening relations with Greenland and enhancing their participation in Arctic affairs. Canadian Governor General Mary Simon, Foreign Minister Anand, and Greenlandic Foreign Minister Vivian Mozfeldt jointly attended the opening ceremony of the Canadian consulate in Nuuk on February 6th. Danish Foreign Minister Rasmussen had also planned to attend but was unable to arrive due to a plane malfunction. According to the schedule, Rasmussen, Anand, and Mozfeldt will also hold a joint press conference. The French Ministry of Foreign Affairs announced on February 6th that Jean-Noël Poirier assumed the post of French Consul General in Nuuk, making France the first EU country to establish a consulate in Greenland. According to the French Ministry of Foreign Affairs, in addition to providing routine consular services to French citizens, the consulate will promote scientific cooperation with Greenland and provide guidance to French companies intending to invest and establish offices there.Market news: The union has approved a nationwide agreement reached with Marathon Oil for 30,000 oil industry workers.February 7th - According to sources familiar with the matter, Apple (AAPL.O) is preparing to allow other companies voice-controlled AI applications to integrate with its CarPlay system. This move will allow users to interact with AI chatbots through their in-car interface for the first time. The sources indicated that the company will work to support applications within the CarPlay system over the next few months. This change marks a strategic shift for Apple. Previously, Apple only allowed its own Siri assistant as a voice control option in its popular in-car infotainment system software. With this move, AI vendors such as OpenAI, Anthropic PBC, and Google will be able to release CarPlay versions of their applications that support voice control. However, some limitations remain. Sources say that Apple will not allow users to change the Siri button on CarPlay or the wake word to activate the service. Users will need to open the relevant application to activate third-party voice control functions.U.S. Department of Defense: The U.S. State Department has approved the sale of $185 million worth of Class IX spare parts and related equipment to Ukraine.According to Fortune, OpenAI’s ChatGPT app’s market share plummeted from 69.1% in January 2025 to 45.3% the following year, while Google’s Gemini chatbot app’s market share climbed from 14.7% to 25.2%.

Short SPX: Top Trade Opportunities

Skylar Shaw

Apr 15, 2022 10:51

It's possible that the shot across the bow is to blame. The rally, which started in late March, will be closely monitored since it might be a "sucker's rally" rather than a relief rally. If this is the case, Q2 is likely to see a lower high.


Price isn't expected to rise much over 4600, if at all. A rally that extends beyond that point may still fail as a double-top. The market normally does not retrace more than 60-70 percent of the slide off the record high to reach the classic topping sequence of a high, major drop, lower-high before the massive bear market sell-off.

WEEKLY CHART OF THE S&P 500

It may take some time for the downward trend to become an outright drop. The longer it goes on, the bigger the sell-off is going to be. It's preferable for markets to have fast, painful drops rather than long topping cycles that finally lead to quick selling.


This might be a new leg higher to a new record high, but the background for a massive top seems to be as strong as it has been in recent history. If this is the case, the whole year should be turbulent, providing traders with plenty of possibilities.

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