Despite recent concerns about a potential stock market crash, the charts suggest that a crash may not be imminent. The volatility index for the S&P 500, known as the VIX, is currently trading near its lowest levels since the start of 2020. This indicates that investors are not expecting a large move in the coming weeks.

Another chart to consider is the put-to-call ratio for the NASDAQ 100. A ratio above one suggests that investors are buying more put options, indicating negative sentiment and a possible hedge against a crash. The current ratio is 1.61, which does show some negative sentiment, but it has been higher before.

It's also important to note that there are areas of support in the market that could prevent a full-on crash. The S&P 500 has rallied 25% from its October lows and is trading at over 22 times earnings. While there may be pressure on corporate profits, investors may still be hesitant to completely abandon stocks.

Overall, while concerns about a stock market crash exist, the charts suggest that a crash may not be immediately imminent. It's important for investors to remain cautious and monitor market conditions closely.

Sources:

- Vincent Deluard warns of potential drop in stocks and home prices, slowdown in US economy - Business Insider

- Is a Stock Market Crash Looming? What the Charts Say - The Motley Fool

Brittain Resorts & Hotels has been recognized as one of the "Best Places to Work in South Carolina for 2023." The hospitality management company received this prestigious award for its commitment to creating a positive and enriching work environment. The company prioritizes team member well-being, professional growth, and a strong sense of community.

Brittain Resorts & Hotels values its team members and believes that happy employees lead to exceptional guest experiences. To cultivate a healthy work-life balance, open communication, and an inclusive culture, the company invests in initiatives that foster these values.

The award also acknowledges Brittain Resorts & Hotels' dedication to associate development through comprehensive training programs, mentorship opportunities, and career advancement pathways. The company emphasizes recognizing and celebrating the unique contributions of each team member, promoting a collaborative and innovative atmosphere.

Furthermore, Brittain Resorts & Hotels demonstrates its commitment to the local community through various charitable initiatives and volunteer programs. The company's core values of integrity, respect, and excellence extend beyond guest services to its relationships with employees and the broader community.

Overall, Brittain Resorts & Hotels has earned its place as one of the best workplaces in South Carolina, reflecting its focus on creating a fulfilling and supportive environment for its team members.

Walmart, the country's largest retailer by revenue, has raised its sales outlook fueled by consumers looking for deals. Compared to the start of the year, the consumer picture is looking up for Walmart. The retailer's faster productivity growth has resulted in higher profits, benefiting both the stock market and the fight against higher inflation. Jeremy Siegel, a finance professor at the Wharton School of Business, stated that real increases in productivity and growth have improved profits, allowing the stock market to hold its own despite higher rates. The strong economic reports and bounceback in productivity have also helped to keep inflation in check.

Walmart's success can also be attributed to its expanding selection of groceries in stores and strong online sales. Despite a long stretch of inflation, the retailer has kept prices low, attracting cash-strapped consumers who notice the price gaps compared to other retailers. Walmart has regained its operational efficiency, thanks in part to the leadership of its experienced CFO, John David Rainey. The company's solid sales growth has led to an increase in full-year EPS guidance.

Overall, Walmart's ability to provide value to customers through its low prices and convenience has contributed to its improved sales outlook. The retailer's performance in the second quarter outshined its competitor, Target, with higher customer traffic, comparable sales, and e-commerce sales. Walmart's transformation over the years has allowed it to appeal to a wider customer base, including those with higher incomes who value convenience.

Source: Wall Street Journal, CNBC, Yahoo Finance

The arrival of Lionel Messi in MLS has caused a frenzy among soccer fans, but will it also impact ticket sales for the upcoming match between the Philadelphia Union and Inter Miami? Union head coach Jim Curtin is urging local fans not to sell their tickets, fearing that the resale market could result in a pro-Miami crowd at Subaru Park.

Since Messi's arrival, Inter Miami has been on a winning streak, with a perfect 5-0 record. The team is set to face the Philadelphia Union in the Leagues Cup semifinals on Tuesday. The match is highly anticipated and expected to draw a packed crowd.

Resale ticket prices for the match are currently starting at around $300 on major platforms. Curtin is determined to maintain a strong home-field advantage for the Union and has pleaded with fans not to sell their tickets, regardless of the amount of money offered.

"We know that we're going to have a packed Subaru Park. It's going to be the No. 1 ticket in the city, for sure," said Curtin. "Please don't sell your tickets, no matter how much money they're offering for them."

Messi's impact on MLS has been immense, leading to increases in League Pass subscriptions, merchandise sales, and social media audiences. Apple has even announced a docuseries on Apple TV+ that will provide unprecedented access to Messi and his new Inter Miami family.

As the match approaches, it remains to be seen if fans will heed Curtin's plea and keep their tickets, or if the allure of seeing Messi in action will lead to a surge in resale ticket prices and potentially a pro-Miami crowd at the stadium.

Renowned money manager Michael Burry, famous for his bets against the US housing market prior to the 2008 financial crisis, has taken a bearish stance on the broader market. Burry's Scion Asset Management has positioned itself against the S&P 500 and Nasdaq 100 Index, using put options to express this outlook. The hedge fund purchased put options worth $739 million against the Invesco QQQ Trust ETF and an additional $886 million worth of put options against the SPDR S&P 500 ETF. These put options, which provide the right to sell shares at a predetermined price in the future, reflect a bearish or defensive perspective.

The exact cost of acquiring these put options remains undisclosed, but it is noted that they reflect a significant bet against US markets. Burry gained fame through his astute bets against the US housing market, which were chronicled in the book and movie "The Big Short." Despite his pessimistic outlook, the S&P 500 has advanced approximately 17% year-to-date, while the Nasdaq 100 has surged nearly 39% during the same period.

In a recent interview following his split decision victory over Gerald Meerschaert at UFC 292, Andre Petroski expressed his desire to fight Bo Nickal. But is there more to this potential matchup than meets the eye?

During the interview, Petroski was asked if his intent to fight Nickal was personal or not. Petroski responded by mentioning that it became personal for him when Nickal claimed that nobody had 10% of his grappling skills. Petroski also mentioned that people were saying nobody wanted to fight Nickal, which motivated him to pursue the matchup further.

The tensions between Petroski and Nickal seem to stem from their wrestling backgrounds. Nickal is a Dan Hodge Trophy winner, while Petroski considers himself a grappler. This clash of styles and accomplishments adds another layer of intrigue to the potential matchup between the two fighters.

As both fighters prepare for their next fights, the question remains: Will we see Petroski and Nickal face off in the octagon? Only time will tell if this matchup becomes a reality, but the personal animosity between the two certainly adds fuel to the fire.

In the high-stakes world of combat sports, personal rivalries can often elevate the excitement of a matchup. Should Andre Petroski and Bo Nickal go head-to-head, it's likely to be a clash that fans won't want to miss.

The highly anticipated UFC 292 is just around the corner, featuring a bantamweight championship fight between Aljamain Sterling and Sean O'Malley. Taking place at the TD Garden arena in Boston, Massachusetts, the event will also showcase a women's strawweight championship bout between Zhang Weili and Amanda Lemos.

To catch all the action, viewers can tune in to the exclusive pay-per-view (PPV) broadcast on ESPN+. The main card is scheduled to start at 10 p.m. ET, following the prelims at 8 p.m. ET. Fans can also watch the early prelims on ESPN+ and UFC Fight Pass, starting at 6 p.m. ET.

In addition to the title fights, UFC 292 will feature several exciting matchups. Gregory Rodrigues secured a victory over Denis Tiuliulin with a first-round knockout. Kurt Holobaugh triumphed over Austin Hubbard with a submission victory via triangle choke in the second round. Brad Katona defeated Cody Gibson by unanimous decision, while Andre Petroski secured a split decision win against Gerald Meerschaert. Natalia Silva emerged victorious in her bout against Andrea Lee, earning a unanimous decision win.

Meanwhile, the event will not feature any New England fighters for the first time in Boston's UFC history. Lightweight Joe Lauzon, who tried to secure a spot on the card but was turned down, expressed his disappointment but remains open to future opportunities.

With the stage set for an exciting night of fights, all eyes are on the bantamweight rematch between Sterling and O'Malley. Will Sterling be able to defend his title, or will O'Malley dethrone him? UFC 292 promises to deliver an unforgettable night of mixed martial arts action.

A recent outbreak of Listeria bacteria in milkshakes sold at Frugals restaurant in Parkland has been linked to six hospitalizations and three deaths. Investigators discovered Listeria in the ice cream machines at the restaurant, which were not properly cleaned. All flavors of milkshakes sold at the location were found to be contaminated with the same strain of Listeria that caused the outbreak.

While most people who consume food contaminated with Listeria will not become seriously ill, certain individuals, such as pregnant women, the elderly, and those with weakened immune systems, are at higher risk. These individuals are advised to contact their healthcare provider if they consumed a Frugals' Tacoma milkshake between May 29 and August 7, 2023, and are experiencing Listeria symptoms.

Listeria, a bacterium that causes listeriosis, is often found in raw foods and can lead to severe infection and even death. It is estimated that around 300 deaths in the United States each year are caused by Listeria infection. Pregnant women are at a significantly higher risk of developing listeriosis, along with newborns and individuals with weakened immune systems.

The restaurant has stopped using its ice cream machines since August 8 and will keep them out of service until they are deemed free of Listeria contamination. Additional information about Listeria and its symptoms can be found on the Washington State Department of Health's website and the Center for Disease Control and Prevention's Listeria website.

Washington's Department of Labor and Industries has fined Amazon $85,800 after an inspection of the company's Spokane-area fulfillment center. The department accused Amazon of knowingly putting workers at risk of injury by requiring them to work at a fast pace, which puts them at risk of work-related musculoskeletal disorders. The Spokane facility has the highest injury rate of any Amazon warehouse in the state, with over 400 workers' compensation claims filed for these types of injuries in the past three years.

This marks the fifth time that Amazon has been cited for unsafe working conditions by L&I in the last few years. The department issued a "willful" citation with a higher penalty for the Spokane facility due to similar violations at other Amazon facilities in Washington.

Amazon spokesperson Maureen Lynch Vogel stated that the company disagrees with the allegations and plans to appeal the fine, as it has done with previous citations. Vogel also claimed that Amazon has improved its recordable incident rate in the US by 23% since 2019.

The latest fine adds to the mounting investigations and scrutiny surrounding Amazon's treatment of its warehouse workers.

Wrexham, the Welsh club co-owned by Hollywood actors Ryan Reynolds and Rob McElhenney, has had a rough start to their League Two campaign. With one defeat and one draw in their first two matches, the team is yet to secure their first victory.

Adding to their woes, star striker Paul Mullin will be out for the first two months of the season due to a punctured lung he suffered in preseason. This has left a void in Wrexham's attack that they have struggled to fill.

In their upcoming match against Walsall, Wrexham will be looking to turn their fortunes around and kickstart their league campaign. However, Walsall manager Mat Sadler has played mind games with the opposition, referring to the match as "just another game."

Walsall has already secured their first win of the season, defeating Stockport County 2-1 in their last match. Manager Sadler has praised the home support and is eager to give the fans something to cheer about in their away game against Wrexham.

As Wrexham prepares to face Walsall, the question remains: Can they overcome their early-season struggles and secure their first win in League Two? The team will need to step up and find a way to fill the void left by Mullin's absence if they want to stay on track for a possible promotion push.

The much-anticipated South Carolina high school football season is set to kick off this Friday night with Week Zero action. Football enthusiasts across the state can't wait to witness the thrilling matchups and talented athletes taking the field. And if you're in the Upstate area, we have the Week Zero schedule just for you.

In one of the exciting opening games, Blacksburg will face off against Buford on August 18th. The two teams will battle it out in what promises to be a competitive and intense game. Fans of both schools are eagerly anticipating this clash and are ready to see their teams in action.

The South Carolina high school football season always brings a sense of excitement and anticipation. It's a chance for the players to showcase their skills and for the communities to come together and support their local teams. From the cheers of the fans to the strategies of the coaches, every aspect of the game is highly anticipated.

So mark your calendars, gather your friends, and get ready for a night of thrilling football as the South Carolina high school season kicks off with Week Zero. Don't miss out on the action as these young athletes begin their journey towards victory.

In a thrilling first game of the 2023 high school football season, the Chippewa Falls Cardinals narrowly defeated the Holmen Vikings with a final score of 17-14. Despite the Vikings showing resilience and fighting until the end, the Cardinals managed to hold on and secure the victory at Dorais Field.

The game was a closely contested battle, with both teams giving it their all. Chippewa Falls took an early 14-0 lead going into halftime, thanks in part to the standout performance of Jackson LeMay. LeMay ran for 116 yards on 20 carries and scored a touchdown. He also made an impact in the passing game, catching four passes for 47 yards and another touchdown.

However, the Vikings did not go down without a fight. Led by their quarterback, Jerome "Jerry" Roseler, the Vikings made a comeback in the second half. Roseler and his teammates put together a methodical drive, which culminated in a 1-yard touchdown run by Ertz, narrowing the Cardinals' lead to 14-6.

Despite their efforts, Holmen was unable to complete the comeback, falling just short in the end. Both teams showed tremendous heart and determination throughout the game, leaving the fans entertained and eager for more exciting football action in the upcoming season.

Spain is set to face off against Sweden in the first semifinal of the 2023 Women's World Cup. Despite Spain's lack of success in previous tournaments, they are coming in as favorites after a stunning victory against the Netherlands in the quarterfinals. In contrast, Sweden has been on a roll, eliminating both the defending champions USA and Japan in their journey to the semifinals.

Spain's route to the semifinals has been impressive, with standout performances from players like Salma Paralluelo, who scored the match-winning goal against the Netherlands. Spain's coach, Jorge Vilda, believes Paralluelo has enormous potential and expects even greater performances from her in the future.

Sweden, on the other hand, displayed dominance in their last-eight tie against Japan, despite a tight 2-1 scoreline. The two teams previously faced each other in a friendly match, which ended in a 1-1 draw.

The semifinal clash between Spain and Sweden will take place at Eden Park in Auckland, New Zealand. With an expected crowd of up to 43,000, it promises to be an exciting matchup.

Fans can watch the game live on various streaming services or use a VPN to access the match from anywhere in the world. Can Spain continue their winning streak and secure their first-ever spot in the Women's World Cup final? Only time will tell.

As hurricane season approaches its peak, the National Hurricane Center (NHC) is monitoring several disturbances for potential tropical development. One area of interest is in the Gulf of Mexico where a tropical depression could form by the beginning of next week. While the chances of development remain low at 20%, environmental conditions such as warm sea surface temperatures could increase the risk of future activity. However, a thick plume of Saharan dust over the Gulf may work against any potential tropical pop-ups.

In the Atlantic, two other disturbances are being watched. One is near the Cabo Verde islands and has favorable conditions for development, with a 30% chance of becoming a tropical depression in the next 48 hours and a 50% chance in the next seven days. The other disturbance is a tropical wave moving off the west coast of Africa, but environmental conditions are currently unfavorable for development.

The peak of hurricane season is set to begin on September 10 and run through November 30. Forecasters at the National Oceanic and Atmospheric Administration have already increased their predictions for the number of named storms in the 2023 hurricane season. As always, it is important to stay informed and prepared during hurricane season.

Tropical Storm Hillary is currently brewing off the west coast of Mexico and is predicted to potentially make landfall in Southern California. The storm is expected to rapidly intensify and could reach major hurricane status, with winds over 111 mph. This comes amidst a record-breaking summer of extreme weather, including a historic heat dome in the United States.

While the exact track of the storm is uncertain, Southern California is bracing for heavy rainfall and the possibility of flooding as the storm moves towards the coast. The region has not seen a tropical storm make landfall since 1939, making the potential impact of Hillary significant.

The National Hurricane Center is tracking the storm closely and has issued advisories for the affected areas. Residents are urged to stay informed about changing weather conditions and to take necessary precautions.

In addition to the threat from Tropical Storm Hillary, Southern California is also currently experiencing an excessive heat warning, with temperatures reaching as high as 115 degrees. The area is also under a heat advisory in the mountains. This combination of extreme heat and the potential for heavy rainfall creates unique challenges for residents and emergency response teams.

The First Alert Weather Team is closely monitoring the situation and will provide updates as the storm progresses. It is crucial for residents in Southern California to stay prepared and stay informed about the latest developments with Tropical Storm Hillary.

The Northeastern Eagles are looking to extend their reign as the conference champions with an 11th straight title this season. Head coach Antonio Moore is confident in his team's ability to maintain their dominance in the Northeastern Coastal Conference. With a strong program and a decade of success behind them, the Eagles are eager to add another championship to their collection.

The team's previous achievements have built a solid foundation for this season. Coach Moore has reason to be even more confident this year compared to the past decade. The Eagles have consistently been a popular pick to win the conference, thanks to their strong performance year after year.

While specific details about the team's current roster and potential challenges they may face are not provided, the Eagles' track record suggests they have the talent and determination to overcome any obstacles in their path. Additionally, the team's previous success indicates that they have a winning formula that could lead them to victory once again.

It remains to be seen if the Northeastern Eagles can continue their winning streak and secure their 11th straight conference championship. With an experienced coach and a history of success, they certainly have a strong chance of achieving their goal.

Previous Day
Logo

8020News: 80% of the news in 20% of the time.

© 2025 CompanyTermsPrivacy