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Trump teases meeting with Zelenskyy amid US’ ‘serious discussions’ with Putin to end Russia-Ukraine war

President Donald Trump teased a possible meeting with Ukrainian President Volodymyr Zelenskyy Monday, amid what he called his ‘serious discussions’ with Russian President Vladimir Putin — which could involve European peacekeeping troops — about ending the war between Russia and Ukraine. The president, from the Oval Office Monday, hinted at a potential meeting with Zelenskyy to finalize an agreement for rights to access its natural resources in exchange for the United States’ billions of dollars...

Irish leaders boycott Washington St Patrick’s Day events over Trump’s Gaza comments

Irish leaders will skip St. Patrick’s Day celebrations in the U.S. this year to protest President Donald Trump calling for the displacement of Palestinians from Gaza. St. Patrick’s Day celebrations are an opportunity for Irish leaders to reinforce diplomatic relations abroad, particularly in the U.S., where the annual trip to Washington, D.C., commemorates the historic and cultural ties between the countries. This year, the Irish prime minister, known as Taoiseach, Micheál Martin, will represent Ireland...

BMW delays electric Mini production at Oxford, over ‘multiple uncertainties’

BMW has confirmed a delay to the reintroduction of electric vehicle (EV) production at its iconic Mini plant in Oxford, blaming a confluence of factors shaping the beleaguered automotive sector. The German carmaker said the decision includes pausing a £600m upgrade of the facility and declining a £60m grant offer from the government, although it maintained that close discussions with Westminster continue. The UK industry has been grappling with ambitious EV targets mandated by the...

AMZN: A Case Study in Bearish Divergence

In the later stages of a bull market cycle, we will often observe a proliferation of bearish momentum divergences.  As prices continue higher, the momentum underneath the advance begins to wane, representing an exhaustion of buyers.   We’ve identified a series of bearish momentum divergences in the early days of 2025, from Magnificent 7 names like Alphabet (GOOGL) to financial institutions including Synchrony Financial (SYF).  Today we’ll focus in on the bearish momentum divergence for Amazon.com...

DP Trading Room: Defensive Sectors Lead the Pack

The complexion of the market is changing. Aggressive sectors which have led the market higher are now beginning to show signs of strain as momentum slowly dissipates and prices turn lower. However, defensive sectors (XLP, XLRE, XLV and XLU) are now leading the market. Typically when this occurs the market is at a top. Given the look of the SPY, we could very well have hit a major market top. Carl started off the trading...

Kamala Harris takes veiled jabs at Trump, Elon Musk in 1st major speech since election defeat

Former Vice President Kamala Harris took veiled jabs at President Donald Trump and Department of Government Efficiency chief Elon Musk during her first major speech since her election loss in November.  After several months out of the public spotlight, Harris stepped onto the stage at the 56th NAACP Image Awards on Saturday in the Los Angeles-area to accept the NAACP’s Chairman’s Award. The former Democratic presidential candidate called for a ‘sense of urgency,’ asserting that...

State, Treasury Departments reimposes ‘maximum pressure’ sanctions on Iran’s oil trade

The U.S. State Department and Department of the Treasury reimposed what they describe as ‘maximum pressure’ sanctions on Iran’s ‘shadowy’ oil trade on Monday as tensions between Tehran and Washington remain high after President Donald Trump took office last month. The State Department designated 16 entities and vessels part of a ‘network of illicit shipping facilitators’ that ‘obfuscates and deceives its role in loading and transporting Iranian oil for sale to buyers in Asia,’ spokesperson...

DOGE, EPA team up to claw back $67 million in ‘environmental justice’ grants

The Environmental Protection Agency (EPA) is teaming up with Elon Musk’s cost-cutting department to draw back environmental grants issued by the former Democratic administration.  The EPA and the Department of Government Efficiency (DOGE), President Donald Trump’s newly formed department aimed at cutting federal spending, recently revealed that the Biden administration earmarked $77.1 million in ‘environmental justice’ grants to 20 recipients. DOGE, as part of its sweep of government ‘waste,’ revealed that they are canceling $67.4...

DOGE cuts, Medicaid fears spark protests at GOP lawmaker offices across US

Some House Republicans have felt heat back home this past week after progressive groups urged Americans to protest the GOP’s handling of government spending. At least six lawmakers saw protests at their district offices as they spent time with constituents during last week’s recess to mark President’s Day. Several others were confronted during town hall events held during the same period. The demonstrations largely centered on Elon Musk and the Department of Government Efficiency (DOGE),...

SCOTUS turns down abortion clinic buffer zone challenge, Thomas slams ‘abdication’ of duty

The U.S. Supreme Court declined Monday to hear a pro-life challenge against protest restrictions around abortion clinics in Illinois, as activists argued the laws infringe on their First Amendment rights, a decision met with a fiery dissent by Justice Clarence Thomas. The court rejected appeals from Coalition Life, which describes itself as ‘America’s Largest Professional Sidewalk Counseling Organization’ in New Jersey and Illinois, which had challenged previous lower court rulings that dismissed their lawsuits.  Pro-life...