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As stocks roll toward the end of the year, the Nasdaq is now up almost 33% and the S&P 500 has a 27% gain. The Nasdaq is running behind last year's 43.4% pace. But the S&P 500, up in four of the past five years, is now vying to top its 28.8% gain from 2019. IBD's Stock Market Exposure guide holds at the 80% to 100% level as indexes run at or near record highs. Distribution days remain low. But breadth has deteriorated sharply in December, with decliners outpacing gainers on the S&P 500 for seven straight sessions through Thursday. Investors should therefore be paying close attention to stocks that are extended, or which are not behaving well after breakouts. ( ) and ( ) are the heavy hitters on the coming week's earnings calendar. The Federal Reserve's policy announcement could stir some market action midweek. Buying opportunities are modest, but some interesting possibilities include ( ), ( ), ( ), ( ) and ( ). Technip is in buy range. Confluent is setting up in a long consolidation. Taiwan Semi has a new base on base. Goldman and Fortinet's short consolidations are not yet full bases. Economic Calendar: Divining The Fed's 2025 Strategy Any suspense over whether the Fed would cut its key interest rate went by the wayside with the November CPI and PPI, reported on Dec. 11. A quarter-point rate cut is virtually certain. But suspense remains over what the Fed might signal for 2025. The Fed's new set of quarterly projections, to be released with the policy statement on Wednesday, might only signal a half-point in cuts, to a range of 3.75% to 4%. On the data front, retail sales for November, out Tuesday, are expected to rise a solid 0.4% overall, and 0.5% excluding autos, FactSet says. Personal income and outlays, out Friday, will include November's update of the core PCE price index, the Fed's key inflation rate. Blue Chip Radar: Focusing On Nike's New Chief With ( ) and ( ) in the midst of healthy rallies, Nike continues to grovel through a downtrend begun early last year. On Thursday, its fiscal 2025 report faces expectations for ongoing steep earnings and revenue declines. The outlook doesn't offer much relief. Analysts have been lowering price targets for the Dow Jones retailer ahead of the report, with UBS noting Monday that sales growth trends have deteriorated over the past three months, forcing retail price cuts. Morgan Stanley on Friday said it thinks investors will focus more on commentary from new CEO Elliott Hill, who took over for John Donahoe in October. Transportation: Tracking FedEx Air, Ground Consolidation FedEx reports fiscal second quarter 2025 earnings and revenue after the market closes on Thursday. Analyst consensus sees narrow earnings and sales gains. The company has implemented several cost-cutting initiatives in recent months, including combining its ground, air and other operations in a single company. The goal is to reduce costs by $4 billion by the end of its current fiscal year, ending in May. But shares gapped down sharply on Sept. 20 after cost cuts did not offset weakness in lucrative priority services. FDX stock then fell out of a two-month rebound in early December, finding support at its 10-week moving average. Aerospace: Benefiting From Boeing's Struggles ( ) checks in with its Q4 results late Thursday. Investors will listen for progress on the aircraft components maker's recent acquisitions, including a specialty components maker and, separately, U.S. producers of jet cabin components and power distribution systems. They will also be tuned to any news suggesting that Heico is benefiting from Boeing's (BA) ongoing struggles, including its recent strike. With a year-to-date gain of 44%, Heico is now approaching a 10-year advance of 850%. 2025 Outlook: Underestimating the S&P 500 Standard & Poor's reported operating earnings for S&P 500 companies rose to record levels in Q3, the seventh straight quarter of positive results. At the end of last year, FactSet analysts set their bottom-up target price for the S&P 500 at 5131.92. The index on Friday traded at 6051, 18% above the estimate. Over the previous 20 years (2004 – 2023), FactSet reports the average difference between the bottom-up target price estimate at the beginning of the year (Dec. 31) and the final price for the index for that same year has been 6.9%. Stock Market Earnings In Brief ( ) will post its fiscal first-quarter results early Wednesday. The electronics contract manufacturer is predicted to earn $1.88 a share, down 28% year over year, on sales of $6.61 billion, down 21%. After consolidating since March, Jabil is in a cup-with-handle base with a buy point of 139.21. ( ) will deliver its fiscal first-quarter results late Wednesday. Analysts see the memory-chip specialist earning $1.76 a share, vs. a year-earlier loss of 95 cents a share. Sales are forecast to rise 84% to $8.7 billion. ( ) reports on its Q4 performance Wednesday. Analysts predict the maintenance services supplier's quarterly profit will slip 14% to 87 cents per share with sales easing to $2.08 billion. ABM stock has gained 26% in 2024 and is below a cup-with-handle buy point of 59.15. ( ) serves up its fiscal first-quarter earnings early Thursday. Analysts project a 5% increase in adjusted earnings to $3.42 per share, according to FactSet. Sales for the management consulting firm are seen rising 6% to $17.2 billion. Accenture stock has spent most of 2024 consolidating and is just below a buy point in a cup-with-handle base. Additional Earnings Briefs ( ) reports early Thursday. Analysts see a 10% EPS jump on a 5% sales gain. Same-store sales are seen rising 1.5%. That would mark a rebound after three weak quarters, during which the parent of Olive Garden and other restaurant chains saw a sharp pullback among inflation-weary, lower-income consumers. ( ) reports Q4 results early Friday. FactSet estimates put earnings at 7 cents per share, up from a loss of 7 cents last year. Revenue is expected to rise 10% to $5.92 billion. The stock, up 39% in 2024, is trading at its best level since late 2021. Barclays raised the stock's price target to 31 Friday, 20% above current levels.Offense rules day as No. 10 Georgia dispatches Massachusettsbet365 canada 。

Kolkata: Trinamool Congress has witnessed an average 14 per cent positive vote swing in its favour in the bypolls. The maximum positive swing in vote share in favour of the ruling party at Sitai in Cooch Behar district is at 26.66 per cent. In Sitai, Trinamool Congress candidate Sangita Roy won by a massive margin of 1,30,156 votes, defeating her nearest rival, BJP’s Dipak Kumar Roy. Roy’s winning margin far surpassed that of the victory margin of her husband and the erstwhile Trinamool legislator, Jagadish Chandra Barma Basunia, in the 2021 Assembly elections who had won by just 10,112 votes. In the bypolls Roy secured 76.08 per cent of the total votes polled up again from 49.92 per cent secured by her husband in 2021. The second highest positive vote swing in favour of Trinamool Congress in the latest bypolls was from Haroa in North 24 Parganas district at 19.29 per cent over what it was in the 2021 state assembly polls. Trinamool candidate Seikh Rabiul Islam won by the biggest margin in this round of bypolls, defeating his closest contestant and Left Front-supported All India Secular Front (AISF) candidate Piyarul Islam by a margin of 1,31,388 votes. In 2021 Rabiul’s father Haji Nurul Islam got elected by a margin of 80,978 votes. In the bypolls Rabiul secured 76.63 per cent of the total votes polled up again from 57.34 per cent secured by his father in 2021. The third highest positive vote swing for Trinamool Congress in the bypolls is from Madarihat in Alipurduar district at 17.49 per cent. There the ruling party candidate Jayprakash Toppo defeated his nearby BJP candidate Rahul Lohar by a margin of 28,168 votes, In the 2021 assembly elections, the erstwhile BJP candidate Maoj Tigga got elected by a margin of 29,685 votes defeating Trinamool Congress’s Rajesh Lakra. Tigga was elected from Madarihat in the two successive Assembly elections in 2016 and 2021. In fact, this is the first-ever victory of Trinamool Congress from Madarihat. In the bypolls Toppo secured 54.05 per cent of the total votes polled up again from 36.56 per cent by Lakra in 2021. In the Naihati assembly constituency in North 24 Parganas district where Trinamool Congress witnessed a positive vote swing by 12 per cent from what it was in the 2021 state Assembly polls. In the bypolls, Trinamool candidate Sanat Dey won from the Naihati Assembly constituency in North 24 Parganas district, defeating his nearest contest Rupak Mitra of the BJP, by a margin of 49,277 votes up from the winning margin of erstwhile party candidate Partha Bhowmik of 18,885 in 2021. In the bypolls, Dey’s share of total votes polled stands at 62.97 per cent up against Bhowmik’s 50 per cent in 2021. In the Bankura district, where the positive vote swing in favour of Trinamool Congress had been comparatively lower at 5.98 per cent. Trinamool candidate Falguni Singhababu won by a margin of 33,856 votes over his nearest contestant and BJP candidate Ananya Roy Chakraborty, up from the victor margin of 34,082 of the erstwhile party legislator Arup Chakraborty in 2021. In the bypolls, Singhababu’s share of total votes polled stands at 62.07 per cent up again from Chakraborty’s share of 46.1 per cent in 2021. In the Medinipur Assembly constituency in West Midnapore district where the positive vote swing in favour of the ruling party in the bypolls had been just 2.72 per cent. Trinamool candidate Sujoy Hazra defeated his nearest contestant and BJP candidate Subhajit Roy by a margin of 33,996 vote up from the erstwhile party legislator June Malia’s victory margin of 24,397 votes. In the bypolls, Hazra’s share of total votes polled stands at 53.44 per cent up again from Malia’s share of 50.72 per cent in 2021.Seahawks place running back Kenneth Walker III on injured reserve

TOPEKA — On Nov. 19, a Republican-led interim committee of the Kansas Legislature and out-of-state deregulation lobbyists endorsed the introduction of a new bill allowing exemption of businesses from state laws, rules or regulations hindering delivery of products or services. Under the proposal, Kansas would follow Arizona, Kentucky, Utah and Missouri by creating an innovation “sandbox” for businesses across the spectrum to operate for two or more years under a lighter regulatory framework. A state agency or official would be responsible for approving applications for exemptions. Core objectives would include giving businesses more maneuvering space, attracting entrepreneurial investment and identifying regulatory barriers to profitability. “A sandbox invites the business community to the table to highlight troublesome rules and regulations, prove they’re not working as intended and, as a result, the state is better welcoming to the innovations of tomorrow,” said Rees Empey of the Utah libertarian think tank Libertas Institute. “It’s a living and breathing approach to regulatory reform that possesses safeguards to protect consumers and the environment.” Americans for Prosperity policy analyst James Czerniawski, who previously worked for Libertas Institute, said government regulations often forced businesses to fit a square peg in a round hole. “Many regulations that are currently on the books were designed decades ago, and do not necessarily account for the new and emerging industries,” he told legislators. “It is fair to ask how many companies are crushed before they even get off the ground because regulations got in the way.” Only advocates of bringing the sandbox model to Kansas offered testimony to the interim committee. During the 2024 legislative session, however, the Kansas Sierra Club and Kansas State Board of Healing Arts raised objections to the concept. ‘Closer to a solution’ In the 2024 session, the Republicans’ sandbox bill died in the Kansas House due to questions about justification, and ramifications of reform. Issues were raised about the constitutionality of a program supervised by the state’s attorney general. Objections were made by health care regulators and environmentalists. There were questions about unfairness of state government picking which businesses could sidestep regulations. “It didn’t go anywhere,” said Rep. Sean Tarwater, a Stilwell Republican who chairs the House commerce committee. “There was a lot of confusion around that bill. I feel like we’re getting much closer to a solution.” Tarwater embraced the interim House and Senate committee’s recommendation to revamp the stalled bill and press ahead in the 2025 session. Instead of an industry-specific approach tied to insurance, technology or banking, the legislation wouldn’t exclude any type of business from Kansas’ sandbox. It didn’t make sense to forbid certain businesses from applying, he said. Wichita Democratic Rep. John Carmichael, among members of the committee opposed to the sandbox, said it was alarming the Republican majority was intent on creating two classes of businesses — those with regulatory exemptions and those without. “Do you find anything objectionable that under this scheme some businesses are subject to regulation and others aren’t?” Carmichael said. “Is that a fair and level playing field?” Dane Ishihara, director of the Utah Office of Regulatory Relief, told legislators that Utah’s system generally required at least two business applicants to step forward and apply for an exemption. If there was a single applicant, he said, the state was likely to deny the application unless it was the only player in that piece of the state’s economy. The Kobach factor In 2024, the Kansas House considered a bill placing Kansas Attorney General Kris Kobach in charge of a division of regulatory overreach in which laws, regulations or rules could be suspended up to 24 months for the benefit of select businesses. The attorney general’s division also would be responsible for identifying regulations ripe for repeal by the Legislature and governor. Rep. Rui Xu, a Westwood Democrat on the interim committee, said he saw potential in state regulatory reform. However, the idea of placing Kobach in charge would alarm his constituents. “It’s harder to say, especially in my district, that ‘Oh, Kris Kobach has an agency that’ll review and he’ll make sure it’s okay.’ That’s a hard sell for my district,” Xu said. Robert Hutchison, deputy attorney general in the civil rights division of Kobach’s office, said the GOP attorney general was supportive of the deregulation initiative. He said Kobach didn’t want responsibility for the program because it could raise conflicts of interest. The attorney general’s office currently reviews about 1,000 state regulatory changes annually and provides lawyers who serve as general counsel to as many as 30 state government entities. It would be a problem for a member of Kobach’s staff to consult with a business fighting for a waiver from a state agency while another member of the attorney general’s staff represented the targeted agency. Hutchison said legislation placing the program within the attorney general would need to include “significant firewalling” provisions. At the suggestion of Wichita GOP Sen. Renee Erickson, the interim committee agreed to seek from the attorney general a nonbinding legal opinion about constitutionality of the sandbox model. She said the opinion should end speculation about the legal framework. “We’ve done a cursory review and didn’t initially identify any constitutional issues,” Hutchison said. Under last session’s bill, an 11-person advisory council would be appointed by Republican politicians to make recommendations on exemptions. That bill required Kobach to appoint the regulatory office’s director. That individual would appoint six members with business backgrounds and three from government to the council. The Kansas House and Kansas Senate leadership would fill the other two slots, leaving no voice for Democrats. Applications would be exempt from disclosure under the Kansas Open Records Act and deliberations of the advisory council would be conducted behind closed doors beyond reach of the Kansas Open Meetings Act.Saudi Arabia banned film for 35 years. 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MANCHESTER (AFP) – Ruben Amorim takes charge of Manchester United for the first time at Ipswich today, confident that he is the man to revive the troubled Premier League club. Amorim arrives hailed as one of Europe’s brightest coaching prospects after a highly successful spell at Sporting Lisbon. But the 39-year-old is United’s sixth permanent appointment since legendary former boss Alex Ferguson retired in 2013. In the 11 years since, United have failed to challenge in either the Premier League or Champions League and currently sit 13th in the English top-flight. Two trophies in his two full seasons in charge was not enough to save Erik ten Hag as there was no reason to believe the Dutchman was capable of reversing a shocking run of results. Even when he did score impressive wins over the likes of Barcelona, Liverpool and Manchester City, Ten Hag relied on moments of individual brilliance from his stars rather than imposing a clear style of play. Amorim has earned his ticket to the Premier League after transforming the fortunes of Sporting over the past four years. His brand of attacking and energetic football saw Sporting finally step out of the shadow of Benfica and Porto to win the Portuguese league twice after a 19-year wait. “As a coach you have to choose one way or another, I choose always 100 per cent our way. I choose to risk a bit,” he said at his unveiling on Friday. “I believe so much in our way of playing, they will believe too. There is no second way.” But he will have precious little time on the training ground to impose his philosophy as United face a gruelling run of 12 games between November 24 and January 5. United’s fall from grace has come despite continuing to spend colossal sums on transfer fees and wages. Over GBP600 million (USD778 million) was spent over Ten Hag’s five transfer windows on new signings but very few have proved value for money. David Moyes, Louis van Gaal, Jose Mourinho and Ole Gunnar Solskjaer were also chewed up and spat out by the pressures of managing United since Ferguson’s departure. “Every manager that comes to Manchester United, we start to think they’re the problem at a certain point,” said former United captain Gary Neville.Serb court extends detention of 12 suspects over station collapse