Author

admin

Browsing

The first time Brazilian biologist Fernanda Abra saw a Groves’ titi monkey, one of the most 25 endangered primates in the world, it was positioned right next to a road.

“It was totally exposed to road mortality,” recalls Abra.

Although figures vary wildly, by some estimates, 475 million vertebrate animals are killed by vehicles every year in the South American country, which is home to the world’s fourth biggest road network, and the Amazon rainforest.

It’s a problem that Abra, who is a postdoctoral fellow at the Smithsonian’s Center for Conservation and Sustainability, Conservation Biology Institute, has been trying to solve by building bridges at the canopy level, so tree-dwelling species can safely traverse roadways.

Working with local partners including the indigenous Waimiri-Atroari people, who hold important knowledge about the wildlife in their territory in the Brazilian states of Amazonas and Roraima, Abra’s Reconecta Project has built more than 30 canopy crossings on the BR-174, a 3,300-kilometer (2,000-mile) highway slicing through the Amazon. In 2024, she was among the winners of the Whitley Fund for Nature Award, which celebrates grassroots conservationists, for her efforts.

Abra hopes the structures can help turn things around for some of Brazil’s vulnerable and endangered species, like the Groves’ titi, the Schneider’s marmoset, and the Guiana Spider Monkey.

Each bridge is fitted with cameras to monitor the animals using it, and those that approach it but turn away, so the structure can be redesigned to convince critters to cross.

“Every time I see the video of the monkey using my canopy bridge, it’s wonderful because we are avoiding the situation of road mortality,” says Abra.

Reconnecting fragments of forest that have been cut apart by human-built infrastructure can have other benefits, like giving animals access to more food resources and potential mates.

“Connecting the population, we can make it stronger and allow it to grow,” says Abra.

That could be crucial as Brazil builds more roads. In 2023, Brazil’s president Luiz Inácio Lula da Silva announced plans to spend almost $200 billion on infrastructure, including new highways.

Similar approaches are being put into use across the world. In California, an overpass is under construction above the 10-lane 101 Freeway, that will provide safe passage for animals like mountain lions, coyotes and bobcats.

Abra also has plans for growth. The Reconecta Project is now expanding in Alta Floresta, a city in the west-central state of Mato Grosso, where she’s engaging officials from various government departments and representatives from non-profits and universities, she says. The canopy bridges will be supplemented with measures like speed bumps to slow down traffic and wildlife crossing signs to alert motorists.

She hopes to eventually expand to other areas in Brazil. “What amazes me about Brazil is the richness that we have, the wonderful biodiversity we have here,” says Abra, “and I will do everything that I can as a person, as a professional, as a conservationist and researcher to protect this rich biodiversity.”

This post appeared first on cnn.com

Sentiment among the nation’s single-family homebuilders dropped to the lowest level in five months in February, largely due to concern over tariffs, which would raise their costs significantly.

The National Association of Home Builders’ Housing Market Index (HMI) dropped a sharp 5 points from January to a reading of 42. Anything below 50 is considered negative sentiment. Last February, the index stood at 48.

“While builders hold out hope for pro-development policies, particularly for regulatory reform, policy uncertainty and cost factors created a reset for 2025 expectations in the most recent HMI,” said NAHB Chairman Carl Harris, a home builder from Wichita, Kansas.

Of the index’s three components, current sales conditions fell 4 points to 46, buyer traffic fell 3 points to 29 and sales expectations in the next six months plunged 13 points to 46. That last component hit its lowest level since December 2023.

Builders are already facing elevated mortgage rates. The average rate on the 30-year fixed was over 7% for January and February after earlier being in the 6% range. Home prices are also higher than they were a year ago, weakening affordability further.

While President Donald Trump’s tariffs on Canada and Mexico, originally proposed to take effect in early February, were delayed roughly a month, builders are still expecting higher costs.

“With 32% of appliances and 30% of softwood lumber coming from international trade, uncertainty over the scale and scope of tariffs has builders further concerned about costs,” said NAHB chief economist Robert Dietz.

Homebuilder sentiment had been gaining steadily since August on the expectation of lower mortgage rates and, as the builders noted, potential pro-development policies. Single-family housing starts are trending lower than they were a year ago, despite a lean supply of existing homes for sale.

The drop in builder sentiment, coming right before the all-important spring market, signals potentially even less supply in the market. Several homebuilders have noted the pullback in buyer demand in recent earnings reports.

“Despite Federal Reserve actions to lower short-term interest rates, mortgage interest rates remained elevated in the fourth quarter, which impacted buyer demand as homebuyers continue to face affordability challenges,” said Ryan Marshall, CEO of PulteGroup, in its fourth-quarter earnings release.

The share of builders lowering prices dropped to 26% in February, down from 30% in January and the lowest share since May 2024. Other sales incentives also fell.

This may be because incentives are becoming less effective at attracting buyers, since high prices and high rates have reduced the pool of buyers for whom these benefits move the needle, according to the NAHB.

When a buyer is solidly priced out, no incentive helps, and with rates remaining higher, the pool of marginal buyers may be shrinking. Offering incentives to buyers who would buy regardless of price or rates is of diminishing value for builders.

This post appeared first on NBC NEWS

It was another mildly bullish week as our major indices climbed very close to new, fresh all-time highs. We also saw a return to growth stocks as we approached breakout levels, which is a good signal as far as rally sustainability goes. Despite this, there remain reasons to be cautious and I’ll point out a couple of those reasons below.

Negative Divergences

The S&P 500 ($SPX) and NASDAQ 100 ($NDX) both seem to be losing bullish price momentum on their respective weekly charts, which can be seen below:

$SPX

$NDX

The price momentum on both indices is slowing and eerily similar to late 2021, just before the cyclical bear market of 2022. Let me be clear that I do NOT believe we’re heading into a cyclical bear market. I don’t see that extent of potential weakness ahead. I do see increased risks of a 5-10% drop, however, and that’s why I’m cautious.

Is This Current Rally Truly Sustainable?

Sometimes a little common sense and perspective goes a very long way. Over the last 75 years, the S&P 500 has averaged gaining 9% per year. So when you go through short-term periods that show gains well in excess of that 9% average, you should at least be thinking there’s the risk that the S&P 500 will fall back and “reversion to the mean”, which is a mathematical concept that describes the tendency of extreme results to move closer to the average. We’ve seen a tremendous rally since the summer correction of 2023. Let’s look at the last 68 weeks (since the correction low in late-October 2023) of return on both the S&P 500 and NASDAQ 100 and compare it to the history of 68-week rates of change (ROC) to gain a sense of this current rally and its sustainability:

$SPX

$NDX

You can look at these two charts and make your own judgement and draw your own conclusions, but, outside of the late-1990s, 68-week ROCs above 50% on the S&P 500 and 60% on the NASDAQ 100 suggest a short-term pullback is more likely, not guaranteed.

Now The Good News

While bullish price action and momentum may seem to be slowing, the long-term monthly PPO on both of these indices is definitely on the rise, which, in my view, limits any short-term downside to the 20-month EMA. I’ll just show the S&P 500 monthly chart, but this will highlight the likelihood that any future selling, if it occurs (no guarantee), holds 20-month EMA support:

$SPX

This chart takes us back 25 years to the turn of the century. The yellow areas highlight poor (below zero) or declining PPOs. During these periods, I’d ignore 20-month EMA support and be cautious. However, the blank periods highlight a rising monthly PPO, during which we rarely see price fall below the rising 20-month EMA. This is where we currently stand. Most pullbacks over the last 25 years, when the monthly PPO is above zero and rising, have fallen short of actual 20-month EMA tests. In other words, we should view a 20-month EMA test as a “worst case” scenario.

The next market decline should be viewed as an OUTSTANDING opportunity to enter this secular bull market.

Stick With Strength

Since we began rolling out our Portfolios quarterly, we’ve had to overcome cyclical bear markets in Q4 2018 (trade war), March 2020 (pandemic), and the first 9-10 months of 2022 (rising inflation and rising interest rates), and a 3-month correction during the summer of 2023. We’ve remained fully invested and have CRUSHED the S&P 500. In fact, below is a graph that highlights our Model Portfolio performance since its inception in November 2018 (in the middle of the trade war!) through the end of January 2025:

We’ve demonstrated the best way to beat the S&P 500, which is to invest in leading relative strength stocks. It’s the only proven method that’s worked for us at EarningsBeats.com. We “draft” our 10 favorite relative strength stocks in various sectors and industry groups and hold them for one entire earnings cycle, then rinse and repeat. Our last quarter’s “draft” picks have annihilated the S&P 500, +15.15% vs. 3.34%.

You can check out our Model Portfolio holdings for the last 3 months below:

8 of our 10 Model Portfolio stocks outperformed the S&P 500, a few by a very wide margin. Owning relative strength stocks like PLTR, CLS, and TPR will completely carry a portfolio and lead to outstanding returns.

Our “quarterly” results are calculated over the following periods:

  • February 19 – May 19
  • May 19 – August 19
  • August 19 – November 19
  • November 19 – February 19

The reason we calculate our quarterly returns using the above time periods is that we select our stocks each quarter on February 19, May 19, August 19, and November 19. By the time we reach these dates, most key market-moving companies have reported their quarterly results and fundamental data like earnings is factored into our portfolio selections just as much as technical considerations. That fundamental/technical combination is one factor that separates us from others and we do this because my background is public accounting. I don’t stray far from my core beliefs. I believe management’s execution of their business strategies/plan and beating revenue and EPS estimates is a huge component of its stock’s upside potential.

On Monday, February 17th, we’re holding our next DRAFT. We will be announcing the 10-equal weighted stocks in each of our portfolios designed to beat the S&P 500 over the next 3-month period. You’re quite welcome to join us. It might change your way of investing and improve your results immediately. CLICK HERE for more information and to register!

Happy trading!

Tom

Brazil’s former President Jair Bolsonaro has been charged in connection with an alleged coup plot to overturn the results of the 2022 election and keep his opponent from taking power, according to documents filed by prosecutors Tuesday evening.

Bolsonaro was among 34 people facing charges including those of armed criminal organization, attempted violent abolition of the democratic rule of law, coup d’état, and damage qualified by violence.

Prosecutors allege that the plot began in 2021, with an effort to undermine public trust in electronic voting machines.

In 2022, Bolsonaro allegedly met with ambassadors and diplomatic representatives to discuss the accusations of voting fraud “in an attempt to prepare the international community for disrespecting the popular will in the presidential elections,” a statement from the Attorney General’s Office read.

Despite finding no evidence of election fraud, the defendants allegedly continued their campaign to discredit the electoral system, prosecutors said.

They also allege that Bolsonaro approved a plan to carry out the coup, which they say included the death of the elected President Luiz Inácio Lula da Silva and his vice president.

Prosecutors said the last attempt to overturn the election happened on January 8, 2023, when defendants allegedly encouraged groups of Bolsonaro supporters to mobilize in Brasília, where they stormed and vandalized the three seats of government.

In November, Bolsonaro and 36 others were indicted as part of an investigation into the alleged coup plot.

The charges, brought before the Supreme Court in Brasília, could set the stage for a high-profile trial. If the charges are formally accepted by the Supreme Court, those charged will formally become defendants.

To prevent the case from influencing Brazil’s 2026 presidential elections, Supreme Court justices are pushing to conclude the trial before the end of 2025, but it is unlikely the court will announce its decision on whether to take on the case or schedule preliminary hearings before early March.

In the 844-page November indictment, federal police accused Bolsonaro of having “full knowledge” of the alleged coup plan to prevent Lula from taking office, adding that the former president “planned, acted in, and led directly and effectively” the plan.

Bolsonaro denies involvement, telling the Brazilian magazine Veja he “never agreed to any plan.”

In 2023, Bolsonaro was banned from public office for eight years after a separate investigation into alleged abuse of power found him guilty of spreading misinformation about the integrity of the Brazilian election apparatus to foreign governments.

This is a developing story and will be updated.

This post appeared first on cnn.com

The new year for brick-and-mortar retailers is picking up right where 2024 left off, as a slew of stalwart brands are set to shutter dozens of store locations amid shifting consumer patterns.

The latest crop of closures are being led by fabrics and crafts retailer Joann, which said this week it was shuttering 500 locations in 49 states as part of a second go-around in Chapter 11 bankruptcy reorganization.

“This was a very difficult decision to make, given the major impact we know it will have on our team members, our customers and all of the communities we serve,’ the company said in a statement. ‘A careful analysis of store performance and future strategic fit for the company determined which stores should remain operating as usual at this time. Right-sizing our store footprint is a critical part of our efforts to ensure the best path forward for Joann.”

Joann first filed for bankruptcy protection last March to address a heavy debt load, shrinking revenues and what it described as an “uncertain consumer environment.” It announced another Chapter 11 filing last month, this time with the goal of finding an entity to acquire all of its assets.

‘The last several years have presented significant and lasting challenges in the retail environment, which, coupled with our current financial position and constrained inventory levels, forced us to take this step,’ it said in a release accompanying its latest filing.

Meanwhile, JCPenney separately said this week it was closing a handful of stores, with an initial batch of eight to go under depending on “expiring lease agreements” and “market changes.” 

“While we do not have plans to significantly reduce our store count, we expect a handful of JCPenney stores to close by mid-year,” the company said in a statement.

JCPenney emerged from bankruptcy in 2020; last month, it announced it was merging with the group that operates other retail brands, including Aéropostale and Brooks Brothers.

In the first nine months of its current fiscal year, JCPenney’s adjusted earnings tumbled nearly 64% to $66 million.

Those results reflect an overall physical retail environment that continues to deteriorate. According to Coresight Research, as many as 15,000 retail locations could close this year, nearly doubling the count for 2024, which were already the most since 2020, the first year of the Covid-19 pandemic.

“Inflation and a growing preference among consumers to shop online to find the cheapest deals took a toll on brick-and-mortar retailers in 2024,” Coresight Research CEO Deborah Weinswig said in a release last month. “Last year we saw the highest number of closures since the pandemic. Retailers that were unable to adapt supply chains and implement technology to cut costs were significantly impacted, and we continue to see a trend of consumers opting for the path of least resistance.’

She said customers are running out of patience for stores that are ‘constantly disorganized, out of stock, and that deliver poor customer service.’

‘We have seen Shein and Temu capture market share as consumers choose to shop online to save time, money, and avoid frustration,’ she said.

In the first weeks of 2025, Coresight was already tracking about 30% fewer openings and more than triple the number of closures compared with the same period last year.

Other closures announced late last year or planned for 2025 include Party City, Big Lots, Kohl’s and Macy’s.

This post appeared first on NBC NEWS

It was another mildly bullish week as our major indices climbed very close to new, fresh all-time highs. We also saw a return to growth stocks as we approached breakout levels, which is a good signal as far as rally sustainability goes. Despite this, there remain reasons to be cautious and I’ll point out a couple of those reasons below.

Negative Divergences

The S&P 500 ($SPX) and NASDAQ 100 ($NDX) both seem to be losing bullish price momentum on their respective weekly charts, which can be seen below:

$SPX

$NDX

The price momentum on both indices is slowing and eerily similar to late 2021, just before the cyclical bear market of 2022. Let me be clear that I do NOT believe we’re heading into a cyclical bear market. I don’t see that extent of potential weakness ahead. I do see increased risks of a 5-10% drop, however, and that’s why I’m cautious.

Is This Current Rally Truly Sustainable?

Sometimes a little common sense and perspective goes a very long way. Over the last 75 years, the S&P 500 has averaged gaining 9% per year. So when you go through short-term periods that show gains well in excess of that 9% average, you should at least be thinking there’s the risk that the S&P 500 will fall back and “reversion to the mean”, which is a mathematical concept that describes the tendency of extreme results to move closer to the average. We’ve seen a tremendous rally since the summer correction of 2023. Let’s look at the last 68 weeks (since the correction low in late-October 2023) of return on both the S&P 500 and NASDAQ 100 and compare it to the history of 68-week rates of change (ROC) to gain a sense of this current rally and its sustainability:

$SPX

$NDX

You can look at these two charts and make your own judgement and draw your own conclusions, but, outside of the late-1990s, 68-week ROCs above 50% on the S&P 500 and 60% on the NASDAQ 100 suggest a short-term pullback is more likely, not guaranteed.

Now The Good News

While bullish price action and momentum may seem to be slowing, the long-term monthly PPO on both of these indices is definitely on the rise, which, in my view, limits any short-term downside to the 20-month EMA. I’ll just show the S&P 500 monthly chart, but this will highlight the likelihood that any future selling, if it occurs (no guarantee), holds 20-month EMA support:

$SPX

This chart takes us back 25 years to the turn of the century. The yellow areas highlight poor (below zero) or declining PPOs. During these periods, I’d ignore 20-month EMA support and be cautious. However, the blank periods highlight a rising monthly PPO, during which we rarely see price fall below the rising 20-month EMA. This is where we currently stand. Most pullbacks over the last 25 years, when the monthly PPO is above zero and rising, have fallen short of actual 20-month EMA tests. In other words, we should view a 20-month EMA test as a “worst case” scenario.

The next market decline should be viewed as an OUTSTANDING opportunity to enter this secular bull market.

Stick With Strength

Since we began rolling out our Portfolios quarterly, we’ve had to overcome cyclical bear markets in Q4 2018 (trade war), March 2020 (pandemic), and the first 9-10 months of 2022 (rising inflation and rising interest rates), and a 3-month correction during the summer of 2023. We’ve remained fully invested and have CRUSHED the S&P 500. In fact, below is a graph that highlights our Model Portfolio performance since its inception in November 2018 (in the middle of the trade war!) through the end of January 2025:

We’ve demonstrated the best way to beat the S&P 500, which is to invest in leading relative strength stocks. It’s the only proven method that’s worked for us at EarningsBeats.com. We “draft” our 10 favorite relative strength stocks in various sectors and industry groups and hold them for one entire earnings cycle, then rinse and repeat. Our last quarter’s “draft” picks have annihilated the S&P 500, +15.15% vs. 3.34%.

You can check out our Model Portfolio holdings for the last 3 months below:

8 of our 10 Model Portfolio stocks outperformed the S&P 500, a few by a very wide margin. Owning relative strength stocks like PLTR, CLS, and TPR will completely carry a portfolio and lead to outstanding returns.

Our “quarterly” results are calculated over the following periods:

  • February 19 – May 19
  • May 19 – August 19
  • August 19 – November 19
  • November 19 – February 19

The reason we calculate our quarterly returns using the above time periods is that we select our stocks each quarter on February 19, May 19, August 19, and November 19. By the time we reach these dates, most key market-moving companies have reported their quarterly results and fundamental data like earnings is factored into our portfolio selections just as much as technical considerations. That fundamental/technical combination is one factor that separates us from others and we do this because my background is public accounting. I don’t stray far from my core beliefs. I believe management’s execution of their business strategies/plan and beating revenue and EPS estimates is a huge component of its stock’s upside potential.

On Monday, February 17th, we’re holding our next DRAFT. We will be announcing the 10-equal weighted stocks in each of our portfolios designed to beat the S&P 500 over the next 3-month period. You’re quite welcome to join us. It might change your way of investing and improve your results immediately. CLICK HERE for more information and to register!

Happy trading!

Tom

Kensington Palace shared four portraits drawn by Catherine, Princess of Wales, and her three children – George, Charlotte and Louis – in a social media post on Monday.

The drawings were posted to X with the caption, “Drawing portraits with children can provide a moment of connection as you spend time looking at and focusing on one another, as well as being creative and – most importantly – having lots of fun together!”

A social media post accompanying the portraits listed the creators of the artwork as “Prince Louis, Princess Charlotte, Prince George and The Princess of Wales.”

Kensington Palace released the pictures after Princess Catherine inaugurated a new exhibit at London’s National Portrait Gallery earlier this month. The exhibit, dubbed the “Bobeam Tree Trail,” encourages children to draw self-portraits while visiting the museum.

“When children engage in enjoyable activities with friends, family, and other caring adults, it not only allows them to have fun in the moment but can also help them to develop their social and emotional skills for the future,” the Palace’s statement said.

The Royal Foundation Centre for Early Childhood said that visiting kids can enjoy the exhibit while “listening to audio recordings, using props, exploring facial expressions and finally, by thinking about their own lives, feelings and thoughts while creating a self-portrait.”

This post appeared first on cnn.com

Breakfast specialists Denny’s will accelerate planned store closures in 2025 amid continued consumer shifts toward preferences for fast-food and take-out options.

On an earnings call Wednesday, CFO Robert Verostek said the closures would incorporate a mix of poorly performing restaurants and ones with expiring leases.

According to industry publication Restaurant Dive, the new closures represent about 30 more from a previously planned shuttering of 150 locations.

Denny’s remains publicly traded; today, its shares are worth less than $5, compared to the most recent high of about $24 seen in 2019.

The brand ended last year with 1,334 U.S. stores, with most located in Arizona, California, Florida and Texas.

An investor presentation by Denny’s in October showed ‘family dining’ options like Denny’s were losing more foot traffic than any other dining-out category.

Other brand-names in the family-dining group seeing declining fortunes include Applebee’s, Hooter’s, Outback Steakhouse and TGI Friday’s. Some notable exceptions include Chili’s and Texas Roadhouse, which analysts say have benefited from improved value perception and investments in customer service.

And even as it accelerates closures, Denny’s is still planning openings, with at least 14 slated for this year; as well as some location refurbishments.

This post appeared first on NBC NEWS

The Indian equity markets remained under pressure over the past five sessions, witnessing sustained weakness throughout the week. The Nifty50 faced resistance at key levels and struggled to find strong footing as it tested crucial support zones on two separate occasions. Market volatility surged significantly, with India VIX rising by 9.72% to 15.02, signaling heightened uncertainty. The index moved within a wider-than-usual trading range of 793.75 points, reflecting increased turbulence. By the end of the week, the Nifty had recorded a net weekly loss of 630.70 points, equivalent to a decline of 2.68%.

The upcoming week holds significant importance as the index approaches critical technical levels. The 22,800 mark is particularly crucial, as any decisive violation of this support is likely to invite further downside pressure. On the upside, strong resistance is expected at 23,500 and higher levels, making it unlikely for even the best technical rebounds to extend beyond this point. The market’s reaction to the 22,800 level will play a vital role in determining its short-term trajectory. A breach of this level could open the door to additional weakness, intensifying selling pressure.

Given the prevailing conditions, the new trading week may witness a subdued start. The immediate resistance levels are expected to emerge at 23,150 and 23,400, while key support levels are positioned at 22,700 and 22,450. These levels will serve as crucial markers in assessing the index’s directional bias over the next few sessions.

From a technical perspective, the Relative Strength Index (RSI) on the weekly chart stands at 40.40, forming a 14-period low and displaying a clear bearish divergence. This signals weakening momentum and suggests that market sentiment remains fragile. Additionally, the weekly Moving Average Convergence Divergence (MACD) indicator is bearish, as it trades below the signal line, further confirming the downtrend.

A detailed pattern analysis indicates that the Nifty faced resistance at the 50-week moving average and subsequently resumed its downward movement. The inability to sustain gains above this crucial moving average reinforces the broader weakness in the market structure. If the index slips below 22,800, it could trigger further declines, potentially leading to deeper corrections in the near term.

Market participants should approach the coming sessions with heightened caution, considering the overall technical setup. The 22,800 level remains a key pivot, and any decisive breach could accelerate selling pressure. Given the prevailing conditions, it is advisable to use any technical rebound as an opportunity to protect profits rather than aggressively chase fresh long positions. New buying should be undertaken selectively, with a strong emphasis on risk management. Leveraged exposures should be kept at modest levels to navigate the increased volatility effectively. With market sentiment appearing fragile and downside risks persisting, a highly cautious approach remains warranted in the near term.


Sector Analysis for the coming week

In our look at Relative Rotation Graphs®, we compared various sectors against CNX500 (NIFTY 500 Index), which represents over 95% of the free float market cap of all the stocks listed.

Relative Rotation Graphs (RRG) show that the Nifty Financial Services index has rolled back inside the leading quadrant. Besides this, the Nifty Bank Index is the only index that is inside the leading quadrant. These groups may continue to outperform the broader markets relatively.

The Nifty Services Sector Index and the Pharma Index are inside the weakening quadrant. However, they are seen improving on their relative momentum. Apart from this, the Midcap 100 and the IT index are inside the weakening quadrant.

The Media Index continues languishing inside the lagging quadrant along with the PSE and the Realty Index. They may relatively underperform the broader markets. The Energy Sector Index is also inside the lagging quadrant, but its relative momentum is improving.

The Nifty Commodities, Consumption, FMCG, Auto, and the Metal index are inside the improving quadrant. They may continue improving their relative performance against the broader markets. The PSU Bank index is also inside the improving quadrant, but it is seen sharply giving up on its relative momentum, and it is expected to underperform the broader Nifty 500 index relatively.


Important Note: RRG charts show the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals.  


Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

www.EquityResearch.asia | www.ChartWizard.ae

South Korean actor Kim Sae-ron was found dead at her home in Seoul on Sunday, nearly two years after she retreated from the public eye following a drunk driving conviction. She was 24.

Kim began her career as a child actor and gained widespread recognition, including an appearance at the Cannes Film Festival, for her role as a girl abandoned at an orphanage in 2009 movie “A Brand New Life.”

She later starred in 2010 action hit “The Man from Nowhere,” 2012 mystery thriller “The Neighbors,” and 2014 drama “A Girl at My Door,” among numerous roles in film and television.

But Kim’s career had stalled since April 2023 after a Seoul court found her guilty of driving under the influence when she crashed her car in the South Korean capital a year earlier. Kim avoided jail but was fined about $14,000.

Her last known role was in Netflix’s 2023 K-drama “Bloodhounds.”

The final post on Kim’s Instagram account, a photo of the actor shared in January, has accumulated more than 205,000 likes. Comments are disabled on the account.

How to get help

Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters.
In the US: Call or text 988, the Suicide & Crisis Lifeline.
Globally: The International Association for Suicide Prevention and Befrienders Worldwide have contact information for crisis centers around the world.

    Korean celebrities paid tribute to Kim following the news of her death.

    “May you rest in peace,” actor Kim Ok-bin wrote on Instagram alongside a photo of a white chrysanthemum, a symbol of grief in many Asian cultures.

    Kim’s co-star Kim Min-che shared a photo of a scene from “The Neighbors” on Instagram and said: “I was so happy to meet you as my daughter in the movie. May you rest in peace.”

    Recent deaths of young K-pop idols and K-drama stars have highlighted ongoing concerns about mental health and pressures in South Korea’s entertainment industry.

    Song Jae-lim, a former model who rose to prominence in K-dramas, was found dead in his apartment last November at age 39. ASTRO boy band member Moon bin died last year at age 25. K-pop singer and actress Sulli was also 25 when she died in 2019. And two years earlier, boyband SHINee’s Kim Jong-hyun was found dead at his home at age 27.

    Entertainment agencies have implemented various mental health support systems, including counseling services and more flexible schedules, but observers say the highly competitive nature of K-entertainment, combined with intense public scrutiny, and expectations of perfection in appearance and behavior, are affecting stars.

    This post appeared first on cnn.com