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Polish air navigation service: To ensure the freedom of movement of military aviation, airports in Rzeszów and Lublin have temporarily suspended operations.February 7th - According to a news release from the Guangdong Provincial Forestry Bureau on the 7th, the Nanyue Green and Beautiful Ecological Investment Fund has been established and officially launched, and is currently steadily advancing the implementation of its first batch of projects. As the first government investment fund in China focusing on the forestry industry, its establishment marks a breakthrough in Guangdongs forestry investment and financing mechanism. It will inject precise and efficient financial momentum into the construction of a green and beautiful Guangdong, accelerate the transformation of "green mountains and clear waters" into "gold and silver mountains," and provide important support for the deep integration of ecological civilization construction and industrial upgrading throughout the province.February 7th - Data from the Comprehensive Transportation Spring Festival Travel Rush Task Force shows that on February 6th, 2026 (the 5th day of the Spring Festival travel rush), the total cross-regional passenger flow reached 211.257 million person-times, a 7.6% increase compared to the previous day and a 1.2% increase compared to the same period in 2025 (Saturday). Specifically, railway passenger volume was 12.845 million person-times, a 9.2% increase compared to the previous day and a 4.5% decrease compared to the same period in 2025. Road passenger flow (including non-commercial passenger car trips on expressways and ordinary national and provincial highways, and commercial passenger transport) reached 195.35 million person-times, a 7.6% increase compared to the previous day and a 1.6% increase compared to the same period in 2025. Of these, commercial passenger transport on highways was 32.96 million person-times, a 5.8% increase compared to the previous day and a 3% increase compared to the same period in 2025; non-commercial passenger car trips on expressways and ordinary national and provincial highways were 162.39 million person-times, an 8% increase compared to the previous day and a 1.3% increase compared to the same period in 2025. Waterway passenger traffic reached 656,000, a decrease of 8.6% month-on-month and a decrease of 4.8% compared to the same period in 2025. Civil aviation passenger traffic reached 2.406 million, an increase of 2.6% month-on-month and an increase of 7.9% compared to the same period in 2025.February 7th - This morning (February 7th), the Shanghai Municipal Peoples Government held a press conference. Yang Jiaying, Director of the Shanghai Municipal Human Resources and Social Security Bureau, stated that employment is a top priority for peoples livelihood. The bureau is making every effort to promote employment for college graduates and other young people. Shanghai is the top choice for many young students to pursue their dreams. We are strengthening policy support and implementing a comprehensive employment service campaign tailored to the characteristics of this youth group. We are fully leveraging the synergistic effect of "One Station (the first stop for employment in Shanghai), One Circle (a 15-minute employment service circle), and One Action (the Employment in Shanghai Plus Action)" to increase employment assistance for young people.According to the real-time flight tracking website FLIGHTRADAR24, airspace in southeastern Poland has been closed again in the past few hours.

Stock Markets Break 50 Day EMA

Alice Wang

Jul 21, 2022 15:45

微信截图_20220721151813.png

Technical Analysis of the S&P 500

On Wednesday during trade, the S&P 500 raised its head over the 50 Day EMA, which is obviously a little success. Since there was a lot of noise between this level and the 4000 level, I believe it makes some sense that there was some hesitancy. However, I believe we have a good chance of reaching close to the 4100 level if we can break over the 4000 mark.


Looking at this chart, it would be very negative indeed if we were to reverse course and drop below the 3900 level, indicating that possibly the breakthrough was a false one. However, if we do rally, I believe we will continue to "climb the wall of anxiety" in an upward direction. Position sizing will be essential since, in any case, I believe the only thing you can probably bet on is a lot of loud behavior. It will be fascinating to see how this develops over time given that this is a violent short-covering rally.


Given the abundance of bad news now available, any collapse will likely gain a lot of momentum.


However, markets cannot continue to decline indefinitely, so this relief rally does have some logic. I believe we are in a position where we must see this through the lens of the longer-term probabilities, which continue to lead to reduced pricing over the long run. Whether or not it is a sustainable rally is an entirely separate thing. There may also be some short covering since the Federal Reserve will meet the following week.

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