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US President Donald Trump has thrown his support behind another embattled far-right European leader, backing Marine Le Pen after French presidential hopeful was convicted of embezzlement and barred from political office.

“FREE MARINE LE PEN,” Trump wrote on Truth Social on Friday, calling the court ruling a “Witch Hunt.”

The message is the latest high-profile endorsement from his administration of a far-right party in Europe and comes as Trump upends decades of post-World War Two security guarantees towards the continent with his “America First” foreign and trade policies.

Le Pen’s hopes of becoming France’s president in 2027 were cut short on Monday when a Paris court blocked her from standing for office for five years, after she was found guilty of embezzling European Union funds. The figurehead of the far-right National Rally (RN) party had been seen as the front-runner for the next election, and the ruling has thrown French politics into disarray.

“I don’t know Marine Le Pen, but do appreciate how hard she worked for so many years,” Trump wrote.

“She suffered losses, but kept on going, and now, just before what would be a Big Victory, they get her on a minor charge that she probably knew nothing about – Sounds like a ‘bookkeeping’ error to me.”

“It is all so bad for France, and the Great French People, no matter what side they are on,” Trump said.

The presiding judge in Le Pen’s case, Bénédicte de Perthuis, said the politician’s actions amounted to a “serious and lasting attack on the rules of democratic life in Europe, but especially in France.”

In addition to the ban, she was handed a four-year prison sentence with two years suspended, to be served under house arrest, and a €100,000 ($108,000) fine.

Le Pen, the daughter of Jean-Marie Le Pen, who founded her party when it was known as the National Front, slammed the ruling as a purely “political decision” in a television interview, and claimed the “rule of law [had been] completely violated.” She plans to appeal, her lawyer said.

Trump called the conviction a “very big deal” on Monday, drawing parallels with his own legal entanglements. His comments on Friday went further, with pointed criticism of European politicians.

“The Witch Hunt against Marine Le Pen is another example of European Leftists using Lawfare to silence Free Speech, and censor their Political Opponent, this time going so far as to put that Opponent in prison,” said Trump.

There is no indication Le Pen will serve time in prison.

Trump’s sentiment echoes that of his top advisor Elon Musk who also publicly decried Le Pen’s sentence earlier this week, writing on his platform X: “When the radical left can’t win via democratic vote, they abuse the legal system to jail their opponents.”

The Trump administration has railed against perceived attacks on other far-right politicians in Europe, including a court decision to re-run the Romanian presidential election, which saw a surprise win by a far-right candidate.

The country’s constitutional court voided the initial result after declassified intelligence reports uncovered possible Russian interference in Calin Georgescu’s TikTok-fueled campaign. A re-run is scheduled for May, but Georgescu has been barred from running.

Vice President JD Vance has also publicly backed far-right groups in Europe, including the anti-immigration Alternative for Germany (AfD) party in Germany.

Musk has also backed the AfD, urging Germans to vote for the right-wing group in elections earlier this year, as well as English far-right figure Tommy Robinson. The AfD almost doubled its vote share and surged into second place in the polls, behind the center-right Christian Democratic Union.

This post appeared first on cnn.com

In this exclusive StockCharts video, Joe Rabil shows you how to use the ADX on monthly and weekly charts to find stocks with massive breakout potential. Joe walks you through several examples of stocks and ETFs that broke out of an extended period of trading sideways. He also discusses the recent stock market correction and where the SPY and QQQ are trading with respect to the support of moving averages.

This video was originally published on April 2, 2025. Click this link to watch on Joe’s dedicated page.

With the S&P 500 and Nasdaq dropping quickly after this week’s tariff announcements, investors are scrambling to identify areas of the market demonstrating strength despite broad market weakness.  The good news is that I was able to easily find strong charts with improving relative strength using the StockCharts platform.

As much as it feels like “everything is down” after Wednesday’s news on increased tariffs on a vast number of products, a quick review of the S&P 500 MarketCarpet on Thursday afternoon provides a quick reminder that plenty of stocks were actually trading higher into the afternoon.

Let’s review two stocks and one ETF demonstrating strength in recent weeks.  And if you’re looking for more potential ideas, perhaps review my Top Ten Charts to Watch for April 2025 with Grayson Roze!

Kroger Co. (KR)

When the economy is strong, and consumer confidence is high, we often see a surge in “things you want” such as travel and luxury goods.  During periods of economic weakness, those Consumer Discretionary names will struggle relative to “things you need” like cleaning products, household goods, and beverages.  So it’s not surprising that our first two charts are in the Consumer Staples sector!

Indeed, the chart of Kroger has a “long and strong” look to it, featuring a consistent pattern of higher highs and higher lows since the October 2024 breakout.  

Two pullbacks in March saw Kroger achieve a higher low above the 50-day moving average, confirming that buyers are coming into “buy the dips” and push the stock to new highs.  The most impressive feature of this chart is the steady uptrend in the relative strength.  As long as that series remains trending higher, it means Kroger provides an opportunity to do better than our struggling benchmarks.

Keurig Dr Pepper Inc (KDP)

Back in October 2024, Keurig Dr Pepper saw a series of downside gaps on disappointing earnings results.  I’ve highlighted these gaps with shaded areas so we can see how often these price ranges have come into play during subsequent price action.

We can see that KDP struggled to regain the lower price gap range late last year, with the 200-day moving average also serving as resistance during that period.  Then in February we finally saw a break above the 200-day before KDP eventually found resistance at the upper price gap from last October.  From late February through early April, Keurig Dr Pepper has basically traded between these two price zones, with the most recent upswing taking the stock back up to test the upper price gap range.

Similar to Kroger, I would say the most compelling piece of this chart is the improving relative strength.  If most stocks are in primary uptrends, then perhaps KDP does not look nearly as impressive.  But with Magnificent 7 stocks and other growth names pounding out clear distribution phases, the chart of Keurig Dr Pepper could provide an opportunity to outperform.

Utilities Select Sector SPDR Fund (XLU)

Now let’s consider utilities, a sector which is usually bucketed with other defensive groups yet has actually traded along with growth sectors at times over the last 12 months.  The reason for this shift has been partly due to the incredible energy needs of artificial intelligence, cryptocurrency mining, and other enterprises requiring heavy computer power.

The price structure of the XLU is fairly neutral at the moment, with this ETF basically stuck in a trading range since the 4th quarter of 2024.  But with most S&P 500 names trading below their 200-day moving averages, I’m immediately drawn to charts that remain above this long-term trend barometer.  The XLU has actually successfully tested the 200-day moving average three times in 2025, all resulting in short-term rallies.

The question here is whether the XLU can gain enough momentum to push above a clear resistance level around $82.  But even that does not actually come to pass, a chart remaining in a sideways trend could provide an easy way to ride out a period where the major benchmarks are losing value.  And given the higher-than-average dividend yield along with decent price action, the utilities sector seems like it deserves a second look.

Both KR and KDP were featured in our Top Ten Charts to Watch for April 2025, which you can access below!

RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.  The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

The president of the Democratic Republic of Congo (DRC) has commuted the death sentences of three Americans convicted of attempting a coup to life imprisonment, days before US government officials are due to visit the central African country.

The Americans, Marcel Malanga, Tyler Thompson Jr., and Benjamin Reuben Zalman-Polun were among 37 people handed death sentences by a military court in September following last year’s failed coup attempt led by Malanga’s father, Christian.

The putschists had targeted the country’s presidential palace and the residence of Congolese politician Vital Kamerhe in an attempt to overthrow the government in May 2024.

At least six people, including Christian Malanga, an opposition politician who livestreamed the coup attempt, were killed in a gun battle with presidential guards.

Salama said the clemency decision was not made to placate the US, with whom the DRC has sought a minerals-for-security partnership. It comes as war rages in the country’s resource-rich eastern region between government forces and a Rwanda-backed rebel group.

“We have no deal with the Americans at this stage on any American intervention,” Salama said.

The new US Senior Adviser for Africa Massad Boulos and Deputy Assistant Secretary of State for African Affairs Corina Sanders will travel to the DRC Thursday, the State Department announced this week.

The officials aim to ”advance efforts for durable peace in eastern Democratic Republic of the Congo and to promote US private sector investment in the region,” it noted. They also plan to visit neighboring Rwanda, Uganda and Kenya.

This post appeared first on cnn.com

A serial rapist who was convicted of raping 10 women in the United Kingdom and China last month also attacked dozens more victims before he was arrested, police said on Wednesday.

London’s Metropolitan Police Service said that 23 women came forward with new accusations against Zhenhao Zou following an appeal to trace other potential victims of the man described by the police as a “dangerous and prolific sexual predator.”

Zou, 28, was found guilty in March of 11 counts of rape, one count of false imprisonment, three counts of voyeurism and a number of other offenses, including the possession of extreme pornographic images and the possession of a controlled drug with intent to commit a sexual offense.

Investigators said that evidence, including videos found on Zou’s devices, suggested there may be more than 50 other survivors who have not yet been identified.

Some of the women who contacted the police with new accusations against Zou are in the UK, some are in China, and some in other parts of the world, the police said on Wednesday.

Zou, who is originally from Dongguan in China, has lived in various parts of the world, including China, Belfast in Northern Ireland, and London.

The Metropolitan Police force has appealed for survivors and potential witnesses to contact officers through a secure portal.

The police and prosecutors said Zou, who also went by the name Pakho online, used WeChat and dating apps to meet other students of Chinese heritage. He would invite them for drinks, drug them and then assault them in his apartments in London and in China.

Prosecutors said many of his victims were “unconscious and rendered defenceless” by the drugs he had given them. He secretly filmed some of his attacks using a mobile device and hidden cameras, according to the UK’s Crown Prosecution Service. The police said he also took items from his victims, such as jewelry and clothing.

The police said Zou “manipulated and drugged women in order to prey on them in the most cowardly way.”

A PhD student at University College London, Zou was arrested in January 2024 after one of his victims reported him to the police.

Prosecutors said last month that the “courageous women who came forward to report Zhenhao Zou’s heinous crimes” have been “incredibly strong and brave” and that there was “no doubt” that their evidence led to his convictions.

Zou will be sentenced later this year, according to the police.

This post appeared first on cnn.com

Former Costa Rican President and Nobel Peace Prize laureate Óscar Arias says he has had his visa to enter the United States revoked.

Arias, 84, said he doesn’t know why his visa was canceled but accepts that the US has the right to make such a decision.

Miguel Guillén, the secretary general of Arias’ National Liberation Party, said the former president had received an email notifying him of the move.

“I don’t know if the revoking of my visa is the product of some sort of retaliation, because I say what I think (and) write what I say,” Arias told a press conference Tuesday.

In recent weeks, Arias had posted messages on social media that were critical of US President Donald Trump and his policies.

In one post, he compared Trump to “a Roman emperor” who tells other nations what to do. In another, he accused Trump and Vice President JD Vance of insulting and threatening Ukrainian President Volodymyr Zelensky during a heated White House meeting in February.

“If someone wants to use a reprisal to silence me, well obviously they’re not going to silence me,” he said Tuesday.

Arias was Costa Rica’s president between 1986 and 1990 and again between 2006 and 2010.

He won the Nobel Peace Prize in 1987 for his role in negotiating an end to the Central American conflicts of the 1980s.

This post appeared first on cnn.com

Danish Prime Minister Mette Frederiksen is in Greenland for a three-day trip aimed at building trust and cooperation with Greenlandic officials at a time when the Trump administration is seeking control of the vast Arctic territory.

Frederiksen announced plans for her visit after US Vice President JD Vance visited a US air base in Greenland last week and accused Denmark of underinvesting in the territory.

Greenland is a mineral-rich, strategically critical island that is becoming more accessible because of climate change. Trump has said that the landmass is critical to US security. It’s geographically part of North America, but is a semiautonomous territory belonging to the Kingdom of Denmark.

After her arrival Wednesday, Frederiksen walked the streets of the capital, Nuuk, with the incoming Greenlandic leader, Jens-Frederik Nielsen. She is also to meet with the future Naalakkersuisut, the Cabinet, in a visit due to last through Friday.

“It has my deepest respect how the Greenlandic people and the Greenlandic politicians handle the great pressure that is on Greenland,” she said in government statement announcing the visit.

On the agenda are talks with Nielsen about cooperation between Greenland and Denmark.

Nielsen has said in recent days that he welcomes the visit, and that Greenland would resist any US attempt to annex the territory.

“We must listen when others talk about us. But we must not be shaken. President Trump says the United States is ‘getting Greenland.’ Let me make this clear: The U.S. is not getting that. We don’t belong to anyone else. We decide our own future,” he wrote Sunday on Facebook.

“We must not act out of fear. We must respond with peace, dignity and unity. And it is through these values that we must clearly, clearly and calmly show the American president that Greenland is ours.”

For years, the people of Greenland, with a population of about 57,000, have been working toward eventual independence from Denmark.

The Trump administration’s threats to take control of the island one way or the other, possibly even with military force, have angered many in Greenland and Denmark. The incoming government chosen in last month’s election wants to take a slower approach on the question of eventual independence.

The political group in Greenland most sympathetic to the US president, the Naleraq party that advocates a swift path toward independence, was excluded from coalition talks to form the next government.

Peter Viggo Jakobsen, associate professor at the Danish Defense Academy, said last week that the Trump administration’s aspirations for Greenland could backfire and push the more mild parties closer to Denmark.

He said that “Trump has scared most Greenlanders away from this idea about a close relationship to the United States because they don’t trust him.”

This post appeared first on cnn.com

Hungary will withdraw from the International Criminal Court (ICC), its government said Wednesday, as the country’s Prime Minister Viktor Orban welcomed Israeli Prime Minister and ICC fugitive Benjamin Netanyahu to Budapest.

Netanyahu’s visit to Hungary marked the first time the Israeli leader stepped foot on European soil since the ICC issued an arrest warrant against him in May 2024. The court said it had “reasonable grounds” to believe Netanyahu bears criminal responsibility for war crimes including “starvation as a method of warfare” and “the crimes against humanity of murder, persecution, and other inhumane acts.”

The ICC doesn’t have its own law enforcement powers, so it relies on its member states to make arrests and transfer suspects to the Hague. As a signatory, Hungary is obliged to arrest Netanyahu.

Hungary’s State Secretary for International Communication and Relations Zoltan Kovacs said the country will begin the withdrawal process on Thursday, “in line with Hungary’s constitutional and international legal obligations.”

If it goes through with the withdrawal, Hungary will become the only European Union country not to be part of the ICC. Israel is not part of the court, alongside the United States, China, Russia, Saudi Arabia and other countries.

Arrest warrant

The International Criminal Court issued an arrest warrant for Netanyahu and the former Israeli Defense Minister Yoav Gallant over the war in Gaza last May.

The move marked the first time the ICC targeted the top leader of a close ally of the United States, putting Netanyahu in the company of the Russian President Vladimir Putin, for whom the ICC issued an arrest warrant over Moscow’s war on Ukraine, and the Libyan strongman Moammar Gadhafi, who was facing an arrest warrant from the ICC for alleged crimes against humanity at the time of his capture and killing in October 2011.

At the same time, it also issued warrants for three top leaders of Hamas: its leader in Gaza Yahya Sinwar, the leader of the Al Qassem Brigades, the group’s armed wing Mohammed Diab Ibrahim al-Masri, better known as Mohammed Deif, and Ismail Haniyeh, Hamas’ political leader. All three have been killed by Israel in the course of the war.

This is a developing story.

This post appeared first on cnn.com

When the stock market lacks clear direction, options strategies can be a dependable friend. I often go through the OptionsPlay ChartLists in StockCharts to look for stocks that show potential trading or investing opportunities. 

On Tuesday, as I was scrolling through the Bearish Trend Following Strategies in the OptionsPlay Strategy Center, using a balanced risk profile and max risk of $2,500 as the criteria, a long put on Boston Scientific Corp. (BSX) stock showed up on the list with a relatively high OptionsPlay score.

The closing stock price of BSX on Tuesday was $101.24 and was approaching its 50-day simple moving average (SMA), which could act as a resistance level. Its relative strength index (RSI) was hovering around 50, and the percentage price oscillator (PPO) was close to the zero line. Not much changed on Tuesday (see chart below).

FIGURE 1. DAILY CHART OF BSX STOCK. The stock price is approaching its 50-day SMA but momentum seems to be slowing as indicated by the relative strength index and percent price oscillator. Chart source: StockCharts.com. For educational purposes.The RSI and PPO indicate that momentum has slowed in the stock. So there’s a chance the stock price of BSX could hit the resistance of its 50-day SMA and fail to break above it, or it could break above it and continue higher. The short-term directional bias is neutral and could be a viable options trading candidate. 

Let’s see what strategies the OptionsPlay Explorer comes up with for a bearish outlook on the stock price of BSX. 


How to access OptionsPlay. In the SharpCharts workbench, select Options > OptionsPlay. Then compare the three optimal strategies. 


FIGURE 2. OPTIMAL STRATEGIES FOR TRADING BSX FOR A BEARISH SCENARIO. Shorting BSX, buying a put, and a long put vertical are viable trading strategies for BSX. When selecting a strategy, select one that aligns with your comfort level. Image source: StockCharts.com.

The two options strategies with relatively high OptionsPlay scores are the May 16 105 put and the May 16 105/90 put vertical spread. If you shorted 100 shares of BSX instead of trading options on the stock, your return would have been lower (see left panel). 

Both options strategies, i.e., the long May 15 105 put and the May 16 105/90 put vertical, look viable but a bearish move isn’t confirmed in the daily chart of BSX. There’s a chance the stock price of BSX will remain between $90 and $105 for an extended period (dashed blue horizontal lines). Because of the lack of directional clarity, I’d prefer to opt for the put vertical. You’re still buying the long put but adding a short put at a lower strike price with the same expiration date. This will offset the long put’s cost. 

Your risk is limited to $555 with a potential reward of $945. The trade will be profitable if the stock price of BSX closes below $99.45 before the contract expires. As of this writing, there’s a 48.6% probability of this happening.

Remember, stock prices are dynamic so what you see today may not be the same as what you see tomorrow.

Keep the following points in mind:

  • You’re considering a bearish strategy when the short-term trend is neutral. 
  • BSX reports earnings on April 30, which is before the options contract expires. 
  • Keep an eye on implied volatility since it can change significantly during earnings. It’s important to manage your open trade. There are many ways to do this. View our educational webinars to learn more about how to manage your option trades.

The Bottom Line

With tariff announcements looming, it’s probably a good idea to hold off placing trades until after we know what tariffs will be implemented. Things could change on Thursday and BSX’s stock price shows a clear upside or downside. Review the optimal strategies before placing an option trade, and only place a trade if you are comfortable with the risk-reward tradeoff.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Tesla reported 336,000 vehicle deliveries in the first quarter of 2025, a 13% decline from a year ago, two days after the electric vehicle company’s stock wrapped up its worst quarter since 2022.

Here are the key numbers:

Investors were expecting Tesla to report deliveries of between 360,000 and 370,000 vehicles, according to StreetAccount. Tesla’s investor relations team sends a company-compiled consensus to select analysts, and said the average estimate was for around 377,590 deliveries. Prediction market company Kalshi on Tuesday released a forecast for Tesla deliveries of 352,000.

In the first quarter of 2024, Tesla reported 386,810 deliveries, and production of 433,371 vehicles.

Deliveries are the closest approximation of vehicle sales reported by Tesla but are not precisely defined in the company’s shareholder communications.

Tesla doesn’t break out sales and production by model or region. However, the company said that it produced 345,454 of its most popular Model 3 and Model Y cars and delivered 323,800 of them in the three months ending March 31.

The company reported 12,881 deliveries of its other models, including its angular steel Cybertruck.

During the quarter, Tesla faced planned, partial shutdowns in some of its factories that allowed the company to upgrade manufacturing lines to start producing a redesigned version of its popular Model Y SUV.

CEO Elon Musk recently said during an all-hands session with Tesla employees that he expects the Model Y to be the “best-selling car on Earth again this year.” 

But Tesla has to contend with an onslaught of EV competition and reputational damage. In the first quarter, the company was hit with waves of protests, boycotts and some criminal activity that targeted Tesla vehicles and facilities in response to Musk’s political rhetoric and his work as part of President Donald Trump’s second administration.

After spending $290 million to help return President Donald Trump to the White House, Musk is leading the Department of Government Efficiency (DOGE), where he’s slashing costs, eliminating regulations and cutting tens of thousands of federal jobs.

Musk, the world’s wealthiest person, has also involved himself in European politics, promoting the anti-immigrant AfD party in Germany in February’s elections. Tesla’s business on the continent is struggling.

Across 15 European countries, Tesla’s market share declined to 9.3% in the first quarter from 17.9% in the same period a year earlier, according to data tracked by EU-EVs.com. In Germany, Tesla’s market share in battery electric vehicles plummeted to 4% from about 16% over that stretch.

Sales of Tesla’s electric vehicles made in China came in at 78,828 in March, slumping 11.5% year-on-year, according to data from the China Passenger Car Association released Wednesday. The company is facing rising competition in the region from EV makers such as BYD.

Tesla shares sank 36% in the first quarter, their steepest drop since the fourth quarter of 2022 and third-biggest decline in the company’s 15 years on the public market. The drop wiped out $460 billion in market cap.

This post appeared first on NBC NEWS