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November 29, 2024

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In this video from StockCharts TV, Julius takes a deep dive into US sector rotation, breaking it down into offensive, defensive and cyclical sectors. He first looks at the relative rotations that are shaping up inside the group, assessing each sector’s price chart in combination with the rotation on the Relative Rotation Graph to get a complete picture. This all culminates with the chart of SPY, which is showing a lot of strength recently. Going forward, the crucial question will be whether SPY can rally further without the participation of technology, the most important sector in the universe.

This video was originally published on November 27, 2024. Click anywhere on the icon above to view on our dedicated page for Julius.

Past videos from Julius can be found here.

#StayAlert, -Julius

British lawmakers are set to decide Friday whether to legalize assisted dying, a contentious proposal that would make the United Kingdom one of a small handful of nations to allow terminally ill people to end their lives.

An emotive debate Friday in Westminster is expected to last several hours, before a vote later in the day.

If passed, the bill will let people with a terminal condition and fewer than six months to live take a substance to end their lives as long as they are capable of making the decision themselves. Two doctors, followed by a High Court judge, would need to sign off on the choice.

The legislation would see Britain join a small collection of countries to push forward with the process. Canada, New Zealand, Spain and most of Australia allow assisted dying in some form, as do US states Oregon, Washington and California.

The vote is the culmination of a lengthy and occasionally painful debate in the country, which has seen high-profile figures dealing with terminal diagnoses become standard-bearers for the cause.

But it has sharply divided lawmakers, many of whom have labored to choose a side during an unusually strained week in Westminster, and the results of the vote appeared to be on a knife-edge. Members of Parliament have been given a free vote on the issue, meaning they can support either side according to their conscience, with no political ramifications.

In an open letter to MPs ahead of the vote, Esther Rantzen, a BBC TV presenter with advanced lung cancer who has become a prominent supporter of assisted dying, wrote: “Under our current criminal law the only choice for most people who are terminally ill, if they are facing an agonising death, is between suffering, Switzerland or suicide.” Rantzen has previously said she is herself considering using the Swiss assisted dying clinic Dignitas to end her life.

She urged MPs on all sides to vote on the issue. “This will probably not come before Parliament as an issue to debate for another decade,” she wrote. “How many more will be forced to suffer until then?”

But opponents have cited a variety of concerns with the bill, including their religious views, the strength of its safeguards, or the lack of time to consider its fineprint.

‘Parliament is tearing itself in two’

It is rare that British lawmakers are asked to decide for themselves on such an intimate issue, and many have struggled this week over how they will vote.

MPs will likely debate the issue for several hours. The vote, expected to immediately follow the debate, represents the major hurdle that the bill would need to pass to become law, though it would still be reviewed in the House of Lords and by a parliamentary committee.

Friday’s ballot in the House of Commons bears similarities to previous free votes concerning abortion and same-sex marriage. The prime minister, Keir Starmer, is expected to vote himself, but he hasn’t said which side he will support, insisting he wouldn’t want to influence lawmakers in either direction.

Proponents of the bill say assisted dying can bring dignity to terminal patients at the end of their lives, averting months of suffering and physical decline, and easing pressure on the country’s palliative, or end-of-life, services. Polling indicates that a comfortable majority of the public supports assisted dying.

In her open letter, Rantzen wrote: “The tragic truth is that no matter how excellent the palliative care is, it cannot prevent some kinds of suffering, fecal vomiting for example, or suffocating to death, or deep-rooted agony.”

But critics fear the bill’s guardrails are not stringent enough, and suggest patients could feel pressured to opt for an assisted death only to avoid becoming a burden on their families. Others have concerns that the bill has been sprung on MPs – hundreds of whom are in their first few months in the job following July’s election – without a thorough impact assessment or time to consider the proposal.

“I really believe that Labour got elected because the NHS is such a mess. … We’ve got to sort the NHS out before we go down this route,” she said. “Pressing ahead now is ignoring the imperative we’ve got to address the woefully underfunded palliative system.”

The proposed bill is broadly in line with the Oregon model, and does not go as far as Switzerland, the Netherlands and Canada, which allow assisted death in cases of suffering, not just for terminally ill people. It differs from euthanasia, the process in which another person deliberately ends someone’s life to relieve suffering.

It is currently a crime to help somebody die in England and Wales, punishable by up to 14 years in prison. Performing euthanasia on a person, meanwhile, is considered murder or manslaughter.

This post appeared first on cnn.com

The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator.

Disney’s “Moana 2” is set to hit theaters Wednesday and generate between $120 million and $150 million in box office receipts in the U.S. and Canada through Sunday. It’ll be joined by Universal’s “Wicked” and Paramount’s “Gladiator II,” both in their second week of domestic screenings.

Box-office analysts believe the five-day Thanksgiving weekend, which runs from Wednesday to Sunday, should easily clear $200 million in ticket sales and could even become the second- or third-highest Thanksgiving period in cinematic history.

“The trifecta of ‘Moana 2,’ ‘Wicked,’ and ‘Gladiator II’ is a bona fide perfect storm for movie theaters this Thanksgiving,” said Shawn Robbins, director of analytics at Fandango and founder of Box Office Theory.

“The holiday used to regularly see major releases combining for all-audience appeal, but that’s been a challenge for the industry to replicate in the post-pandemic era so far,” he said. “This year is much different with such a holy trinity of tentpole releases that could anchor some of the biggest all-around box office results the holiday frame has ever seen.”

The Thanksgiving holiday haul hasn’t topped $200 million since 2019, according to data from Comscore. Currently, the highest-grossing Thanksgiving weekend is 2018′s slate, led by “Ralph Breaks the Internet,” “Creed II” and “Fantastic Beasts: The Crimes of Grindelwald,” which generated $315 million in ticket sales combined. The second-highest haul for the holiday period was the $294.2 million secured during the same five-day period in 2013.

“Thanksgiving is arguably the most important holiday period of the year for movie theaters as it sets the tone for the year-end box office sprint,” said Paul Dergarabedian, senior media analyst at Comscore. “The strength of the final few weeks of the year will determine the total annual box office revenue and its perception as either a win or a loss for the industry.”

Disney could use another animation win.

After ruling the Thanksgiving box office for years with titles from Pixar and Disney Animation, it’s failed to live up to expectations with its recent string of releases.

In 2016, “Moana” opened over the Thanksgiving holiday, generating $82.1 million. The following year “Coco” took in $72.9 million during its opening, and in 2018 “Ralph Breaks the Internet” tallied $84.8 million during its debut over the five-day period. Just before the pandemic in 2019, “Frozen II” added $125 million over the Thanksgiving holiday after opening the week before to more than $130 million.

Meanwhile, “Encanto,” which arrived during the midst of the pandemic, managed to tally $40.6 million in 2021. “Strange World” flopped, having scooped up just $18.9 million during the holiday period in 2022, and “Wish” snared a meager $31.6 million in 2023. No Disney animated film was released over Thanksgiving in 2020.

“Moana 2” should outperform these post-pandemic releases, however. It arrives in theaters a year after the first film was named the top-streamed film aimed at kids and families. And audiences came out in droves for Disney and Pixar’s “Inside Out 2″ over the summer. “Inside Out 2” opened to $154.2 million domestically and tallied more than $1 billion globally during its full run.

Disclosure: Comcast is the parent company of NBCUniversal, CNBC and Fandango. NBCUniversal distributed “Wicked.”

This post appeared first on NBC NEWS