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On September 14, according to Irans Mehr News Agency, Acting Iranian Defense Minister Reza stated that some US officials believe that repeated threats can shake Irans resolve or deter the Islamic Republic, "but they are sorely mistaken." He said that the enemys repeated refrain from past threats "more demonstrates that its intelligence and analysis mechanisms have become paralyzed, ultimately leading to the erosion of its rationality, because if an organizations intelligence and analysis mechanisms can correctly observe and analyze the actual situation on the battlefield, it is impossible to continue to persist with arguments and threats that have been repeatedly proven false." Reza also stated that the enemy must understand a simple fact: "Iran should not be treated with threats." He pointed out that Irans decision-making mechanisms do not take these threats seriously. “These threats are worthless to us; they are more like political statements or pronouncements than information supported by actual military capabilities.” “If another war were to break out today, Iran would be more powerful and technologically advanced than in any previous war,” he said. “Those who try to dismiss the continued development of our country’s technological activities, production lines, and weapons factories merely as a narrative or media headline are clearly ignoring the formidable strength our military has demonstrated on the battlefield. Sometimes people only see a small part of the capabilities of our domestic defense industry, but this path continues to advance with great momentum.”ECB Governing Council member Stournaras: The ECBs timely measures can reduce the risk of painful future interest rate hikes.According to Jordans Al Mamlaka television, citing officials, an ammonia leak in Jordans Aqaba industrial zone has injured 11 people.Ukrainian lawmakers: The Ukrainian parliamentary committee supported the motion to dismiss the Prosecutor General, with 17 votes in favor and 0 against.On September 14th, according to Axios, former Anthropic researcher Jacob Coxon, Senator Bernie Sanders, and former Trump administration advisor Steve Bannon will join forces at an event on Tuesday to advocate for “human-controlled” artificial intelligence. The Future of Life Institute will host the “Human-Centered AI Conference” on Tuesday. This non-profit advocacy organization is the originator of the “Manifesto for Human-Centered AI,” which calls for protecting human autonomy, avoiding the concentration of power, and demanding corporate accountability. Axios has learned that Coxon, who previously worked at OpenAI, then joined Anthropic, and resigned due to security concerns, will speak at the event. Bannon stated in a statement: “The oligarchs have finally been forced to admit that they lied from the beginning about the dangers of ‘accelerating development without any safeguards’—they have put the nation and all of humanity at risk.” Last weekend, amid a series of worrying cybersecurity incidents stemming from artificial intelligence and deep anxieties about the technologys future, some of the most influential leaders in the field called for a slowdown in development.

The US Stock Market Continues to Pull Back

Skylar Shaw

Apr 02, 2022 11:25

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S&P 500 Technical Analysis

On Friday, the S&P 500 sought to climb in the futures markets but gave back gains, indicating weakness. As a result, the market currently threatens the 4500 level in the futures market, which has previously been a key sector. As a result, it'll be fascinating to watch whether we can pull back much farther, possibly to the 50 Day EMA.


The candlestick's magnitude isn't particularly impressive, but it appears like the 4500 goal I suggested before will be tested. If we break it down further, the 50 Day EMA, which is at the 4400 level, makes a lot of sense, followed by the 200 Day EMA, which is also at that level. 


The market is still highly loud, and I believe it will continue to be so in the future. After all, there are a slew of confusing signals at the present, not least in the bond market, where many traders anticipate we'll see as many as eight interest rate hikes, while others say it's impossible.


Find a reason to go higher, but this is due to the fact that it is unconcerned about the underlying economy. Keep in mind that stock markets are about liquidity more than anything economic. If it were the case, the latest straight-up-in-the-air photo would not have taken place. 


That said, savage rallies are common in bear markets, so, while hope springs eternal, I'll be betting on the downside through options rather than directly in the market.