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On January 17th, according to the official Weibo account of Weibos overseas celebrity business, Weibo and SM Entertainment have reached a strategic cooperation agreement. The two parties will collaborate deeply in areas such as music copyright, artist interaction, and content co-creation. SM Entertainment will open its music copyrights to Weibo for users to create derivative works, and its artists will interact with Weibo users through various means.XPeng Motors: XPeng Charging added 53 supercharging stations in the first and second weeks of 2026, including 5 S5 super-fast charging stations, 37 S4 super-fast charging stations, 10 super-fast charging stations, and 1 supercharging station.On January 17th, it was reported that the United States is about to formally withdraw from the World Health Organization (WHO), but has yet to pay its outstanding dues. On the 16th local time, WHO spokesperson Lindmeier stated that the US has the right to withdraw from the organization, but only if it pays its outstanding dues. Lindmeier stated that this matter is on the agenda of the upcoming WHO Executive Board meeting, and the WHO Secretariat will take appropriate action based on the Executive Boards recommendations. Lindmeier stated that the US has not yet paid its dues for 2024 and 2025. According to the WHO budget, the total amount of dues owed by the US for 2024 and 2025 is approximately $260 million. US President Trump signed an executive order on January 20th last year announcing the US withdrawal from the WHO. According to the WHO charter, a member state can only formally withdraw one year after submitting a withdrawal application.On January 17, a U.S. federal judge issued a restrictive order on the actions of U.S. Immigration and Customs Enforcement (ICE) in Minneapolis, Minnesota, after protesters accused the agency of widespread abuse of force and violations of constitutional rights. U.S. District Judge Kathleen issued a temporary restraining order restricting ICE personnel from deploying chemical irritants into crowds and explicitly prohibiting retaliatory action by law enforcement officers against protesters exercising their freedom of speech.1. According to the Financial Times: Nvidia suppliers have suspended production of key components for the H200 chip. 2. Nvidia corrected errors in its technical paper, significantly reducing its copper usage in data centers. 3. The Ministry of Commerce confirmed that Canada will reduce tariffs on Chinese electric vehicles within the quota to 6.1%, and will no longer impose a 100% surcharge. 4. my countrys research on liquid metal flexible electronics manufacturing has made progress, showing application prospects in aerospace intelligent systems and other fields. 5. Under the pressure of rising storage prices, Xiaomi, OPPO, vivo, and Transsion have reportedly lowered their 2026 full-year smartphone shipment forecasts. 6. WeRides global Robotaxi fleet has exceeded 1,000 vehicles, achieving fully unmanned operation in Guangzhou and Beijing. 7. my countrys research on liquid metal flexible electronics manufacturing has made progress, showing application prospects in aerospace intelligent systems and other fields. 8. The static ignition test of the Long March 12B carrier rocket was a complete success: reusable, with a 20-ton-class low-Earth orbit carrying capacity. 9. According to sources, Ford Motor Company is in talks with BYD to supply batteries for its overseas factories hybrid vehicles. 10. The US government is pushing tech giants to pay for electricity used by AI, allowing tech companies to bid for 15-year power generation contracts for new power plants.

S&P 500 Price Forecast – Stock Market Rallies Again On Election Day

Steven Zhao

Nov 09, 2022 16:58

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Technical Analysis of the S&P 500

The S&P 500 experienced a big rally during Tuesday's trading session to surpass the 50-Day EMA. Although the 50-Day EMA is a popular signal, I believe that many traders are currently focusing on the upcoming US elections as the day's key event. In the end, the market is hoping for a stalemate in the US Congress, which would mean less regulation. Having said that, I believe that sooner or later reality may come in and the downward trend may continue.


We would reenter the previous consolidation region we had observed if we broke down below the 3800 mark. It's likely that we might decline to the 3600 level if we break down below the 3700 level, which marked the bottom of the most recent slump. All other things being equal, I believe that this market will continue to be very volatile, and moving forward, we might see a small "hopium" rally. If we were to break over the most recent high, then we could look at the 4000 level.


The 200-Day EMA, a longer-term trend indicator, is similarly drawn to the 4000 level above. However, I believe that we will soon begin to plummet once more, therefore the next day or two might be quite important. Since I have no desire to purchase this market, it is likely that there will be much chop and volatility in the future. Consequently, regardless of your choice of direction, you should maintain a manageable position size.

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