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The Atlantic published Wednesday what it described as the ‘attack plans’ at the center of a Signal text chain leak involving senior officials in the Trump administration.

Secretary of Defense Pete Hegseth and national security adviser Mike Waltz have faced calls to resign following revelations that the outlet’s editor-in-chief Jeffrey Goldberg was inadvertently added to a private group chat earlier this month in which Hegseth, Waltz, Vice President JD Vance and other top administration officials reportedly discussed impending airstrikes on Yemen’s Houthi rebels. Hegseth has said ‘nobody was texting war plans’ and Director of National Intelligence Tulsi Gabbard vowed during a Senate Intelligence Committee hearing Tuesday that there was ‘no classified material’ in the messages.

‘TEAM UPDATE: TIME NOW (1144et): Weather is FAVORABLE. Just CONFIRMED w/CENTCOM we are a GO for mission launch. 1215et: F-18s LAUNCH (1st strike package). 1345: ‘Trigger Based’ F-18 1st Strike Window Starts (Target Terrorist is @ his Known Location so SHOULD BE ON TIME – also, Strike Drones Launch (MQ-9s),’ Hegseth apparently wrote in a screenshot of a text message released Wednesday by The Atlantic. 

‘1410: More F-18s LAUNCH (2nd strike package). 1415: Strike Drones on Target (THIS IS WHEN THE FIRST BOMBS WILL DEFINITELY DROP, pending earlier ‘Trigger Based’ targets). 1536 F-18 2nd Strike Starts – also, first sea-based Tomahawks launched,’ Hegseth reportedly continued, before adding ‘Godspeed to our Warriors.’

Waltz later allegedly wrote ‘The first target – their top missile guy – we had positive ID of him walking into his girlfriend’s building and it’s now collapsed,’ according to The Atlantic. 

‘Excellent,’ read a message in response attributed to Vance.

The Atlantic said in its report Wednesday – titled ‘Here Are the Attack Plans That Trump’s Advisers Shared on Signal’ – that ‘the statements by Hegseth, Gabbard, Ratcliffe, and Trump – combined with the assertions made by numerous administration officials that we are lying about the content of the Signal texts – have led us to believe that people should see the texts in order to reach their own conclusions.’

‘There is a clear public interest in disclosing the sort of information that Trump advisers included in nonsecure communications channels, especially because senior administration figures are attempting to downplay the significance of the messages that were shared,’ wrote the Atlantic’s Goldberg and reporter Shane Harris. 

‘Experts have repeatedly told us that use of a Signal chat for such sensitive discussions poses a threat to national security. As a case in point, Goldberg received information on the attacks two hours before the scheduled start of the bombing of Houthi positions. If this information – particularly the exact times American aircraft were taking off for Yemen – had fallen into the wrong hands in that crucial two-hour period, American pilots and other American personnel could have been exposed to even greater danger than they ordinarily would face,’ they also said.

Vance responded to the report Wednesday by declaring that ‘It’s very clear Goldberg oversold what he had. 

‘But one thing in particular really stands out. Remember when he was attacking Ratcliffe for blowing the cover for a CIA agent? Turns out Ratcliffe was simply naming his chief of staff,’ he added.

The Atlantic report said ‘A CIA spokesperson asked us to withhold the name of John Ratcliffe’s chief of staff, which Ratcliffe had shared in the Signal chain, because CIA intelligence officers are traditionally not publicly identified.’

Waltz wrote on X ‘No locations. No sources & methods. NO WAR PLANS. Foreign partners had already been notified that strikes were imminent. BOTTOM LINE: President Trump is protecting America and our interests.’

White House Deputy Chief of Staff Taylor Budowich said in response to the report that ‘The Atlantic has already abandoned their bulls— ‘war plans’ narrative, and in releasing the full chat , they concede they LIED to perpetuate yet ANOTHER hoax on the American people. What scumbags!’

‘The Atlantic has conceded: these were NOT ‘war plans,’’ White House Press Secretary Karoline Leavitt added. ‘This entire story was another hoax written by a Trump-hater who is well-known for his sensationalist spin.’

Some Congressional Democrats have been calling for Hegseth’s ouster since the text chain leak was first reported.

House Minority Leader Hakeem Jeffries, the highest-ranking Democrat to do so, wrote a letter to President Donald Trump yesterday demanding that Hegseth be ‘fired immediately.’ 

‘The so-called Secretary of Defense recklessly and casually disclosed highly sensitive war plans — including the timing of a pending attack, possible strike targets and the weapons to be used –during an unclassified national security group chat that inexplicably included a reporter. His behavior shocks the conscience, risked American lives and likely violated the law,’ Jeffries wrote.

Pressed by a reporter yesterday about the matter, Hegseth claimed he has everything under control.

‘Nobody’s texting war plans,’ he said. ‘I know exactly what I’m doing, exactly what we’re directing, and I’m really proud of what we accomplished, the successful missions that night and going forward.’

Fox News’ Landon Mion contributed to this report.

This post appeared first on FOX NEWS

: Senate Judiciary Chairman Chuck Grassley, R-Iowa, will hold a hearing next week on federal judges’ use of nationwide orders to throttle the Trump administration’s actions, which will take place back to back with an identical hearing in the lower chamber. 

In an exclusive statement to Fox News Digital, Grassley said, ‘District judges’ abuse of nationwide injunctions has hobbled the executive branch and raised serious questions regarding the lower courts’ appropriate jurisdictional realm.’

‘Since the courts and the executive branch are on an unsustainable collision course, Congress must step in and provide clarity,’ he explained. ‘Our hearings will explore legislative solutions to bring the balance of power back in check.’

The hearing is slated to take place on April 2, one day after the House’s hearing. 

‘We plan to have hearings starting next Tuesday on this broad subject,’ House Judiciary Committee Chairman Jim Jordan, R-Ohio, told ‘Fox & Friends’ on Wednesday morning.

It will be titled ‘Rule by District Judges II: Exploring Legislative Solutions to the Bipartisan Problem of Universal Injunctions.’

Specifically, the committee will look at both the constitutional and policy issues that are raised by judges issuing nationwide injunctions, particularly the uptick brought on by the Trump administration. It will further examine what harm the wide-ranging orders have posed to each branch of government, and what kind of solutions are on the table for Congress. 

The Senate Judiciary Committee’s Republican majority has invited witnesses Samuel Bray and Jesse Panuccio to testify at the hearing. 

Bray is the John N. Matthews Professor of Law at Notre Dame and is an expert on nationwide injunctions. He has written and testified on the subject extensively. He notably penned a Harvard Law Review article, ‘Multiple Chancellors: Reforming the National Injunction.’

Panuccio is a partner at Boies Schiller Flexner and was previously the acting associate attorney general at the Department of Justice (DOJ), as well as the chairman of the DOJ’s Regulatory Reform Task Force and vice chairman of the DOJ’s Task Force on Market Integrity and Consumer Fraud. He also spent time as Florida Gov. Rick Scott’s general counsel.

This is not the first time lawmakers have expressed concerns over the ability of federal judges to stop actions nationwide in their tracks. At a hearing in 2020, led by former committee Chairman Lindsey Graham, R-S.C., it was discussed at length by bipartisan senators. 

Several Republicans have already introduced bills in the House and Senate aimed at restricting the ability of federal judges to kneecap the administration. The president has expressed interest in one such measure, led by Rep. Darrell Issa, R-Calif., Fox News Digital reported last week. 

According to two sources familiar with the discussions, top White House aides told senior Capitol Hill staff members last week, ‘the president wants this.’ They also said the White House felt that time was of the essence when it comes to the judicial issue and Trump wants Congress to expedite the matter. 

While the hearings have been promptly scheduled for next week, there is no word on whether legislation on the issue will be brought to the Senate floor. 

The office of Senate Majority Leader John Thune, R-S.D., did not provide comment to Fox News Digital when asked if he had ideas for policy regarding the injunctions, or whether he believed Congress needed to act. 

When asked by Fox News earlier this week about calls to impeach judges, Thune noted that Grassley was examining the issue and said, ‘At the end of the day, there is a process, and there’s an appeals process. And, you know, I suspect that’s ultimately how it’s going to be ended.’

During a floor speech Tuesday, Senate Majority Whip John Barrasso, R-Wyo., said, ‘When partisan, unelected district court judges try to micromanage the president of the United States, it isn’t judicial review. It isn’t checks and balances. It is purely partisan politics – and it is wrong.’ 

But the No. 2 Republican didn’t call for any specific legislation on the subject. 

Critics of the GOP’s cautious approach toward federal judges’ wide-ranging orders include Gov. Ron DeSantis, R-Fla., who asked why bills weren’t already teed up at the start of the Congress. 

‘Congress has the authority to strip jurisdiction of the federal courts to decide these cases in the first place,’ the governor said on X earlier this month. 

‘The sabotaging of President Trump’s agenda by ‘resistance’ judges was predictable – why no jurisdiction-stripping bills tee’d up at the onset of this Congress?’ he asked. 

This post appeared first on FOX NEWS

Sen. Josh Hawley asked FBI Director Kash Patel Wednesday to look into alleged Biden-era abuses against Christians, urging Patel in a new letter to crack down on what the Missouri Republican described as First Amendment violations he said were carried out under the Biden administration.

In the letter, previewed exclusively by Fox News Digital, the Missouri Republican asked Patel to investigate alleged abuses against pro-life activists and Christians. He also urged Patel to release by April 30 information compiled by the FBI’s Richmond, Virginia, field office – including a memo that labeled certain traditionalist Catholics as potential ‘security risks’ – and to address possible violations of the FACE Act, which Hawley said targeted pro-life protesters.

‘I trust that, under your leadership, this misconduct will end. But those responsible must be held accountable,’ Hawley said in the letter. 

‘Transparency and accountability will be paramount in restoring Americans’ faith in the Bureau,’ he added. ‘Getting to the bottom of the Biden Administration’s violations of religious liberty is an excellent place to start.’

The letter from Hawley, who chairs the Senate Judiciary Subcommittee on Crime and Counterterrorism, is not the first time he has used his post to urge Patel to protect against Christian persecution. 

Hawley’s letter calls on the FBI to share with his office by the end of April a list of 22 memos and documents compiled by the FBI Richmond Field Office and related to the alleged FACE Act abuses, including all emails, memoranda, directives and policy guidance, sent to or from the FBI director, deputy director, or any other senior official regarding the enforcement of the FACE Act under the Biden Administration. 

Hawley also urged Patel to share all documents – including communications with state and local law enforcement agencies – that discuss how the Richmond Field Office memorandum or similar FBI policies were implemented or considered for enforcement at the state or local level.

Hawley zeroed in on these issues during Patel’s confirmation hearing earlier this year.

‘Do you think it’s appropriate for the FBI to single out and target people of faith in order to discourage the exercise of their First Amendment rights?’ he asked Patel in January. 

Patel vowed in response that he would ‘fully utilize, if confirmed, the investigative powers of the FBI to give you the information you require and also to hold those accountable who violated the sacred trust placed upon the FBI.’

This post appeared first on FOX NEWS

The leak of Houthi strike plans by the Trump administration to a journalist was not the result of a hack but an apparent human error. Still, it sparked debate over whether the nation’s most powerful government officials should communicate sensitive military information on a non-government platform. 

Jeffrey Goldberg, editor-in-chief of The Atlantic, wrote on Monday that he was added to a group chat on Signal on March 11 by National Security Advisor Mike Waltz titled ‘Houthi PC small group.’ His article details a leaked conversation between the nation’s top government officials, including the vice president, secretary of defense, director of the CIA and others, in which the sensitive details of a planned strike on Houthi terrorists in Yemen were reportedly discussed. 

The report shocked Washington and led to accusations from Democrats and others that President Donald Trump’s team endangered national security and possibly violated the law by using Signal, a messaging app. Signal’s platform is encrypted, but that doesn’t mean it is not susceptible to hacks, experts told Fox News Digital.

Encryption means that only the sender and the receiver of a message should be able to review it; not even Signal itself can pull its contents. But even without viewing a message’s contents, some metadata might be attainable.

‘Knowing who has spoken with whom at what time and for what duration is already very useful intelligence,’ said Vahid Behzadan, cybersecurity professor and researcher at the University of New Haven. 

‘If a phone is infected with spyware, messages can be intercepted before or after encryption.’

‘Screenshots or photos are not protected by Signal itself … and if previews are enabled by users in the app, sensitive info could appear on a locked screen,’ he said. 

Government officials and journalists often use Signal to communicate sensitive information for fear that emails and text communications on official government cellphones could fall under the Freedom of Information Act, meaning they could be made public. However, transmitting controlled but unclassified information on Signal is explicitly banned by Defense Department policy.

In February, Google’s Threat Intelligence Group warned of ‘increasing efforts from several Russia-aligned actors to compromise Signal accounts used by individuals of interest to Russia’s intelligence services.’ 

‘While this emerging operational interest has likely been sparked by wartime demands to gain access to sensitive government and military communications in the context of Russia’s re-invasion of Ukraine, we anticipate the tactics and methods used to target Signal will grow in prevalence in the near-term and proliferate to additional threat actors and regions outside the Ukrainian theater of war,’ Google said. 

Google warned that Signal could obtain access to all of a target’s information on their phone while their device is unlocked. 

‘As reflected in wide-ranging efforts to compromise Signal accounts, this threat to secure messaging applications is not limited to remote cyber operations such as phishing and malware delivery, but also critically includes close-access operations where a threat actor can secure brief access to a target’s unlocked device.’

At first, Goldberg said, he worried that the Signal chat was fake. 

But shortly thereafter, top names in the administration, Vice President JD Vance, Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, Director of National Intelligence Tulsi Gabbard, CIA Director John Ratcliffe, and Treasury Secretary Scott Bessent, began naming their points of contact for the impending offensive campaign in Yemen against the Houthis, according to The Atlantic. 

The group then reportedly began to use the chat for coordinating messaging plans as the administration moved closer to its offensive campaign, which was made public on March 14. 

The Trump administration has insisted no one shared classified information in the ‘Houthi PC small group’ chat. 

Ratcliffe said he’d been briefed by the agency about the ‘permissible work use’ of Signal. 

But Goldberg said the chat ‘contained operational details of forthcoming strikes on Iran-backed Houthi rebels in Yemen, including information about targets, weapons the U.S. would be deploying, and attack sequencing.’ He redacted some of the information he deemed potentially sensitive, including the name of a CIA agent who Ratcliffe had named to run point on the strikes.

Ratcliffe said it was not improper for him to share the officer’s name because he was not under active cover.

Both Ratcliffe and Gabbard said they could not recall whether specific weapons systems or specific targets had been mentioned in the Signal chat during a Senate worldwide threats hearing on Tuesday. 

When asked whether Hegseth had declassified information about the Houthi operations before sharing it in the chat, they referred senators to the Defense Department. 

Rep. Don Bacon, R-Neb., a national security hawk, isn’t buying that the chat did not reveal classified information. 

‘I will guarantee you 99.99% with confidence Russia and China are monitoring those two phones,’ Bacon said of the chat. 

‘This is a gross error, and it’s intentional. They intentionally put highly classified information on an unclassified device. I would have lost my security clearance in the Air Force for this and for a lot less.’

Matthew Shoemaker, a former defense intelligence official, said sharing classified information on Signal would violate Title 18 of U.S. Code 793, which bans gathering, transmitting or losing defense information. The punishment for such a crime carries up to 10 years in prison.

‘They had to physically remove it from a classified system and then put it on an unclassified system,’ he said. ‘Any uniformed officer would immediately be relieved of command.’

‘It’s hard to believe this is the first time they’ve been doing this. It’s likely just the first time they’ve been caught.’ 

On top of it all, Shoemaker said, White House envoy Steve Witkoff, who was a part of the chat, was in Russia on Russian-operated cell networks at the time the strike information was being communicated to him.

‘Given the Russian GRU’s past activity breaking into Signal, it’s highly likely the Russians saw everything.’

He said that any conversations about the timing of the strike, assets used or weapons is all strike package information that is ‘highly classified, likely at the top secret level.’

‘I’m sure the targeting intelligence officers would be very surprised to learn their work is actually unclassified, if what Pete Hegseth is saying were true.’

The threat of hacking the chat would depend on whether officials were using their government phones with extra layers of encryption or personal devices, according to James Robbins, dean of academics at the Institute of World Politics and former advisor to the late Defense Secretary Donald Rumsfeld.

‘I think we can assume that any government-issued phone to somebody at a Cabinet level would have all kinds of safeguards preinstalled,’ he said. 

He said the fact that Witkoff was in Russia did not mean he ‘was plugging into a Russian Wi-Fi.’ 

‘Things get communicated from our foreign embassies and foreign locations all the time. That doesn’t mean it goes over a foreign network.’

This post appeared first on FOX NEWS

A federal judge in Washington, D.C., temporarily blocked the shutdown of a U.S.-funded radio network. 

U.S. District Judge Royce Lamberth, who was appointed by former President Ronald Reagan, granted a temporary restraining order on the shutdown of Radio Free Europe/Radio Liberty (RFE/RL), a non-profit news organization originally founded in the 1950s by the Central Intelligence Agency to broadcast behind the Iron Curtain during the Cold War. 

Congress later began funding RFE/RL in the 1970s to promote democracy across the globe. 

The judge found Kari Lake, the longtime Arizona broadcaster and unsuccessful gubernatorial and Senate candidate tapped to oversee the U.S. Agency for Global Media, likely violated federal law in moving to slash RFE/RFL’s funding in line with President Donald Trump’s agenda to eliminate government waste. 

The U.S. Agency for Global Media houses Radio Free Europe and Asia, as well as Voice of America and Radio Marti in Cuba. 

‘RFE/RL has, for decades, operated as one of the organizations that Congress has statutorily designated to carry out this policy,’ Lamberth wrote. ‘The leadership of USAGM cannot, with one sentence of reasoning offering virtually no explanation, force RFE/RL to shut down—even if the President has told them to do so.’

Trump signed an executive order earlier this month aimed at dismantling U.S.-funded media organizations. A senior White House official told Fox News Digital at the time that Voice of America ‘has been out of step with America for years.’

‘It serves as the Voice for Radical America and has pushed divisive propaganda for years now,’ the official said. 

The executive order, which targets seven offices, including the U.S. Agency for Global Media, said ‘non-statutory components and functions of the following governmental entities shall be eliminated to the maximum extent consistent with applicable law, and such entities shall reduce the performance of their statutory functions and associated personnel to the minimum presence and function required by law.’ 

RFE/RFL sued in federal court, saying that the administration immediately froze nearly $7.5 million in funding already appropriated by Congress. The Justice Department wrote in court documents on Monday that the disbursement was underway and proof of payment would come by Wednesday. 

Voice of America Director Michael Abramowitz wrote on X that ‘virtually’ the whole 1300-person staff was placed on leave. 

In a court hearing Monday, Justice Department lawyer Abby Stout argued that RFE/RL has no grounds for a restraining order given the U.S. government would disburse the nearly $7.5 million. The plaintiff’s lawyer, Thomas Brugato, said the disbursement was only a temporary fix and the non-profit could expect widespread layoffs and to close by April if funding doesn’t continue.

‘It’s really a Band-Aid,’ Brugato said in court, according to The Hill. 

In his order, Lamberth said RFE/RL ‘was originally conceived of in the 1950s as a vehicle for providing trustworthy, locally relevant news to audiences subject to communist propaganda.’ 

‘Since its inception, RFE/RL has continued to expand, responding to threats to democracy and media freedom across the globe,’ the judge wrote, later concluding, ‘The Court concludes, in keeping with Congress’s longstanding determination, that the continued operation of RFE/RL is in the public interest.’

Separately, a lawsuit was brought Friday by Voice of America reporters, Reporters Without Borders and a handful of unions in U.S. District Court in New York against the U.S. Agency for Global Media and Kari Lake over efforts to shut them down. 

Fox News’ Emma Colton contributed to this report.

This post appeared first on FOX NEWS

DoorDash and Klarna are joining forces to let users pay for meal deliveries with installment loans, calling it “essential to meeting our customers’ needs.” Not everyone sees it that way.

The announcement has drawn a flurry of criticism on social media, less directed at the companies themselves than questioning what the need to use a “buy now, pay later” service for food orders says about the increasingly debt-ridden economy.

“Eat now, pay later? A credit apocalypse is coming,” an X user wrote Thursday when the partnership was announced.

Another X poster used a photo of a forlorn-looking Dave Ramsey, the personal finance pundit, with the caption, “what do you mean you have $11k in ‘doordash debt’.”

Others whipped up “Sopranos” memes, quipping about “DoorDash debt collection outside your door because you missed a Chipotle payment.”

The economic commentator Kyla Scanlon said in a social media video that the deal was another example of the “gambling economy.”

“We have memecoins, sports betting — we love a good vice in the United States, and we can do it completely frictionless,” she said. “We don’t even have to put on pants. Just app it to you and worry about everything else later.” She added that “there are real winners and losers” in business models that monetize not just convenience but “impulsivity.”

Klarna, which is preparing for an initial public offering, is among the BNPL providers that have surged into virtually all corners of the consumer economy since the pandemic, such as Afterpay, Affirm and Sezzle.

The lightly regulated financial services give users a variety of ways to pay for purchases; among the most popular are short-term loans that can typically be repaid in several interest-free installments. The companies make money by charging users for late or missed payments and merchants for the ability to offer BNPL loans at checkouts.

DoorDash said customers will be able to use Klarna for many types of purchases on its platform, not just small-dollar food deliveries. They can pay in full up front, in four installments or else later on, “such as a date that aligns with their paycheck schedules.”

A Klarna spokesperson acknowledged the online pushback but said any form of borrowing for food purchases is potentially concerning, depending on the circumstances.

“If people are in a situation where they feel like they have to put their food on credit, that’s a bad indicator for society,” the spokesperson said.

Still, many people make “a rational decision” to use BNPL services to help manage their money, the spokesperson said, adding that the new features would be available only for DoorDash purchases of at least $35 — a few dollars more than the platform’s average order as of last March. “Wherever high-cost credit cards are accepted, consumers should be able to choose a zero-interest credit product, instead.”

Indeed, industrywide data shows the short-term loans have become a routine feature of many consumers’ wallets, particularly among young adults coping with inflation and with average credit card interest rates still near 20%.

The BNPL explosion coincides with record debt levels and mounting consumer pessimism. Total household debt exceeded $18 trillion at the end of last year, according to the Federal Reserve Bank of New York, with credit card balances comprising a record $1.2 trillion of that sum. Consumer sentiment fell this month to its lowest level since 2022, and borrowers’ expectations for missing debt payments in the next three months hit their highest level since 2020, the New York Fed found.

A spokesperson for DoorDash didn’t comment on the criticism of its partnership with Klarna, saying their collaboration “provides even more flexibility, control and options.” The delivery service noted that its users can already pay with Venmo and CashApp, as well as government aid, including SNAP benefits. Klarna is already available on the grocery delivery platform Instacart, and it recently replaced rival Affirm as Walmart’s exclusive BNPL partner.

Much of the concern over BNPL has focused on the potential effects on borrowers’ credit histories, which largely still don’t reflect use of the services despite years of discussions with credit-reporting bureaus to change that. Yet a study released last month by Affirm and the credit-scoring firm FICO showed most consumers with five or more Affirm loans saw no real downside to their credit scores, some of which actually increased. And consumers consistently rate BNPL products favorably in surveys. Last year, 89% of borrowers told TransUnion they were either satisfied or very satisfied with the services.

But personal finance experts and consumer advocates say the qualms kicked up by the DoorDash-Klarna deal reflect real financial risks.

“Making four payments to cover three tacos on Tuesday sounds complicated because it is,” said Adam Rust, director of financial services at the Consumer Federation of America, an advocacy group. “I wouldn’t characterize this as a solution. It is a fintech innovation that creates problems.”

Not only might users face Klarna’s own late fees, he said, but “once customers consent to repay with automatic debits, they risk additional overdraft fees” from their banks.

Rust also highlighted recent work by the Consumer Financial Protection Bureau that remains in jeopardy or has been stopped altogether as the Trump administration defangs the agency.

The CFPB recently granted BNPL customers more ability to dispute charges and get refunds, but with staffers ordered to stop all enforcement activity last month, former employees and consumer advocates believe the rule has been rendered moot. A trade group representing fintech businesses, including some BNPL lenders but not Klarna, asked the Trump administration this month for an exemption from a law scheduled to take effect next week requiring certain lenders to verify borrowers’ ability to repay loans before they front them money.

Financial planners have long cautioned clients against budgetary strains from BNPL overuse. Even some borrowers themselves who’ve spent heavily with the services have begun warning others of their risks, saying they make it easy for cash-strapped users to rack up debts that are tough to pay off.

“Eat now, pay later is an awful trap,” Douglas Boneparth, president of Bone Fide Wealth, an advisory firm focused on millennials, wrote on X last week. “If you need to borrow to have a burrito delivered to you, you are the product. Nothing more.”

This post appeared first on NBC NEWS

Energy Jumps to #2

A big move for the energy sector last week as XLE jumped to the #2 position in the ranking, coming from #6 the week before. This move came at the cost of the Consumer Staples sector which was pushed out of the top-5 and is now on #7.

Because of the jump of Energy, the Financials sector was pushed down to #3. Healthcare and Utilities remain in the top-5 but have switched positions.

The New Sector Lineup

  1. (1) Communication Services – (XLC)
  2. (6) Energy – (XLE)*
  3. (2) Financials – (XLF)*
  4. (5) Utilities – (XLU)*
  5. (4) Healthcare – (XLV)*
  6. (7) Industrials – (XLI)*
  7. (3) Consumer Staples – (XLP)*
  8. (8) Real-Estate – (XLRE)
  9. (9) Consumer Discretionary – (XLY)
  10. (10) Materials – (XLB)
  11. (11) Technology – (XLK)

Weekly RRG: XLF and XLC remain strong

On the weekly Relative Rotation Graph, Communication Services and Financials remain strong inside the leading quadrant. From the big cluster of tails inside the improving quadrant, XLE has jumped to the front of the queue (almost) while XLU and XLV continue to pick up nicely.

The long tail on XLY at a negative RRG-Heading rapidly continues to push the sector to the lagging quadrant. The Negative RRG-Heading on XLK keeps the sector at the bottom of the list.

Daily RRG: Modest Pickup of Relative Momentum for XLK and XLY

On the daily RRG:

  • XLE jumps to the highest RS-Ratio reading while maintaining the highest RS-Momentum.
  • Utilities stall inside the lagging quadrant
  • XLV rotates into weakening but remains at an elevated RS-Ratio reading
  • XLF rotates back into the leading quadrant, signaling the start of a new leg in the already established relative uptrend.

Communication Services

XLC held above the rising support line and closed towards the high of the week, suggesting that a new higher low is now getting into place.

Relative Strength continues to be strong, and RS-Momentum bottoms against 100-level.

Energy

The Energy sector rapidly improved, jumping from position #6 to #2 in one week. On the price chart, XLE is breaking its falling resistance, which opens the way for a further rally to the horizontal barrier near 98.

The raw RS-line is close to leaving its two-year-old falling channel, which would signal a significant shift in sentiment and a turnaround into a relative uptrend.

Financials

XLF remains a strong sector in position #3, with relative strength continuing to rise.

Last week’s rally on the price chart brought the price back to the old rising support line, which is now expected to start acting as resistance. The former support from the low near 5o is also expected to start acting as resistance.

This means that the upside potential in terms of price seems limited for now, but RS is still going strong.

Utilities

Relative strength for Utilities continues to creep higher, enough to keep the sector inside the top 5.

Both price and RS remain within the boundaries of their trading ranges.

Healthcare

RS for the Healthcare sector stalled at the level of the previous low. The RS-Ratio and RS-Momentum combinations on the daily and weekly Relative Rotation Graphs remain strong enough to keep the sector in the top 5.

Portfolio Performance Update

In the portfolio, the position in Consumer Staples (XLP) was closed against the opening price of Monday morning (3/24). At the same time, a new position was opened in Energy (XLE) against the opening price.

The rally in Consumer Discretionary and Technology at the end of last week has put a small dent in the performance,e and RRGv1 is now 1.4% behind SPY since the start of the year.

#StayAlert, -Julius


Over the weekend it was announced that tariffs will be narrowing and possibly not as widespread as initially thought. Negotiations are continuing in the background and this seems to be allaying market participants’ fears. The market rallied strongly on the news.

Carl and Erin gave you their opinions of whether this rally has staying power. Carl began the program with a look at the current DP Signal Tables. Biases remain very negative but as we often say things get as bad as they’re going to get before they start turning it around.

After looking at the tables, Carl analyzed the market in general and then covered Gold, the Dollar, Yields, Bitcoin and more. Get a sense of market conditions with a review of this section.

The Magnificent Seven were next up on the agenda. Carl reviewed both the daily and weekly charts seeing many new rallies kicking in. Their improvements bode well for the market in general.

Erin took the reins and gave us a complete overview of sector rotation. She took a deep dive in the aggressive sectors with an under the hood view of Consumer Discretionary (XLY), Communication Services (XLC) and Technology (XLK).

Erin concluded the program by looking at viewer symbol requests that included SOFI, RIVN, F and SMCI.

01:18 DP Signal Tables

03:42 Market Overview

13:24 Magnificent Seven

22:05 Sector Rotation

28:31 Symbol Requests

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Markets surged out of the gate Monday morning, with all three major U.S. indexes notching early gains. But after a bruising two-week rout on Wall Street, the question facing investors is whether stocks can sustain the rebound.

If Monday’s bounce is driven more by short-term bargain hunting than long-term conviction, then certain scans, like StockCharts’ Strong Uptrends to New Highs can help cut through the noise — flagging the outliers breaking key levels and showing enough momentum to possibly hold the upward move.

How I Scanned the Market at the Open

First stop: A high-level sweep of the S&P 500 using MarketCarpets to catch the early movers. From there, I drilled down into the sectors to see where real strength, or weakness, was taking shape.

FIGURE 1. MARKETCARPETS S&P 500 AND SECTOR VIEW. The S&P 500 view gives you a sea of green, but zooming into sectors, Consumer Discretionary (XLY) stands out above the rest.

Consumer Discretionary is outpacing all sectors, a signal worth noting. Instead of looking for leadership, I considered stocks hitting new highs, and then checking to see if any Discretionary names stand out from the pack.

So, next, I ran a Strong Uptrends To New Highs scan (you can find it in your scan library).

FIGURE 2, IMAGE OF THE SCAN AS IT APPEARS IN THE LIBRARY: This is one among numerous bullish scans you can run in StockCharts.

Only four stocks came up as a result. The most recognizable figure is Darden Restaurants, Inc. (DRI).

Darden Restaurants Stock: A Tasting Menu of Profits or Bloat

Even if you’re unfamiliar with the stock, you know Darden. Here’s a short list: Olive Garden, LongHorn Steakhouse, Yard House, Ruth’s Chris Steak House, Cheddar’s Scratch Kitchen, Chuy’s, Bahama Breeze, and a few more. Sound familiar?

DRI jumped after reporting strong fiscal Q3 results, with sales and EPS rising. The company also raised its full-year outlook and declared a $1.40 dividend; analysts also gave it an upgrade.

On the technical side of things, DRI also showed up on several other scan engines which appeared in the StockCharts Symbol Summary:

  • Moved Above Upper Bollinger Band
  • Moved Above Upper Price Channel
  • P&F Double Top Breakout
  • Moved Above Upper Keltner Channel
  • New 52-week Highs
  • P&F Spread Triple Top Breakout

Let’s take a look at DRI’s relative performance against its sector (XLY) and the S&P 500 using PerfCharts.

FIGURE 3. PERFCHARTS OF DRI, XLY, AND $SPX.  DRI’s outperformance is very recent, according to this chart.

This chart tells an interesting story. DRI has been the laggard for most of the last 12 months, though it began picking up steam as XLY began outpacing the S&P 500. As tariff fears brought XLY valuations down toward S&P levels, DRI maintained its valuations, and after a two-week dip, shot higher.

Let’s take a longer-term look using a weekly chart.

FIGURE 4. WEEKLY CHART OF DRI. The dotted line shows this week’s breakout to all-time highs.

So, what does this chart tell us relative to the PerfCharts above? First, while DRI has been underperforming XLY and the S&P over the last year (and longer than that if you extend the PerfCharts analysis period), the stock has been chugging along on a slow and steady, albeit volatile, uptrend, staying well above its 200-period simple moving average (SMA).

The StockCharts Technical Rank (SCTR) line shows you that DRI has had periods fluctuating from technical strength to weakness. I consider the 70-line signal, more or less, to be the strength threshold, and right now, the stock is at 92, an extremely bullish level. The question now is whether it can maintain its trajectory and if so, might there be an entry point for those who are bullish on the stock?

For that, let’s shift over to a daily chart.

FIGURE 5. DAILY CHART OF DRI. Watch the momentum and volume.

DRI has been marching steadily upward since the middle of last summer, with its recent push to all-time highs fueled by strong fundamentals. However, in terms of momentum and volume, the Money Flow Index (MFI), which is a volume-driven RSI of sorts, has been declining during DRI’s rise, signaling the potential for a pullback.

Whether DRI can sustain its current momentum remains to be seen. In the meantime, the Ichimoku Cloud can help anticipate and gauge any potential pullback, with a broad support zone forming below. The first key level to watch is $192, while $180 marks a critical support line — a close below that could open the door to further downside.

At the Close

This scan-driven approach began with a broad market view and drilled down to individual stocks that made new highs while others merely rebounded. DRI emerged as a standout: a fundamentally strong name hitting new highs while much of the market remains in recovery mode. Whether it continues to climb or pulls back toward support, tools like the Ichimoku Cloud and volume-based indicators can help you manage the risk and prepare for entry.


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.

In this video, Dave breaks down the upside bounce in the Magnificent 7 stocks — AAPL, AMZN, NVDA, and more — highlighting key levels, 200-day moving averages, and top trading strategies using the StockCharts platform. Find out whether these leading growth stocks are set for a bullish reversal or more downside. Will the rally hold?

This video originally premiered on March 24, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.