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- LA Wildfire Alerts Under Scrutiny 🔍
LA Wildfire Alerts Under Scrutiny 🔍
Ryan Serkes
May 13, 2025
The
Daily Trade
Hey Daily Traders,
The spotlight today is on Los Angeles, where faulty emergency alerts during January's wildfires have sparked a call for increased federal regulation. Congressman Robert Garcia is spearheading efforts to enhance the reliability of alert systems, emphasizing the need for stable leadership and robust federal oversight to prevent panic and confusion.
Meanwhile, in the world of real estate, a small Michigan bakery is making a big splash with its Dubai chocolate cookie, showcasing the power of social media in driving food trends. On the stock market front, the U.S. and China's decision to temporarily reduce tariffs is easing global trade tensions, providing a much-needed boost to investor confidence and signaling potential progress in resolving their trade dispute.
Here's what's happening today:
- 🚨 Investigation reveals flaws in LA's emergency alerts
- 🍪 Viral Dubai cookie sells thousands across the U.S.
- 🤝 US-China slash tariffs, easing trade tensions
- 🎁 +10 more business & investing news stories you might like
- 📊 +4 technical analysis results
Question
Would you feel more secure if federal oversight was increased for emergency alert systems, or do you believe local authorities should handle these responsibilities?
Reply to this email with your answer
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Real Estate  An investigation into faulty emergency alerts during the January wildfires in Los Angeles has led to a report calling for increased federal oversight of the nation's emergency alert systems. Congressman Robert Garcia emphasized the need for a reliable system, pointing out that the false alerts caused widespread panic and confusion. The report blames technical errors and vague messaging for the mishap and urges Congress to enhance funding and training for the Federal Emergency Management Agency's Integrated Public Alert & Warning System. Despite quick corrective action by L.A. County, the incident highlighted significant flaws in the alert system's design and execution. The report also criticized the Trump administration's moves to dismantle FEMA, stressing the importance of stable leadership and federal regulation in emergency management. Garcia is working on legislation to address these issues, aiming to ensure that emergency alerts are accurate and trustworthy nationwide. Key Takeaway
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Real Estate  Kookys N Cream, a bakery in Lapeer, Michigan, has taken the internet by storm with its Dubai chocolate cookie, selling thousands across the U.S. The cookie, a unique blend of chocolate fudge, pistachio, and tahini cream, has captivated customers with its innovative flavors and textures. Owner Jessica Harold attributes the cookie's success to its viral popularity on TikTok, where it has gained a devoted following. Since its launch, the Dubai chocolate cookie has significantly boosted sales for Kookys N Cream, with nearly 5,700 sold in its first month alone. The bakery has also expanded its reach by shipping cookies nationwide, though it remains cautious about international shipments due to potential customs delays. The success of this cookie highlights the power of social media in driving food trends and the potential for small businesses to capitalize on viral sensations. Key Takeaway
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Stock Market  In a significant development, the United States and China have agreed to temporarily reduce tariffs on each other's goods, a move that has been welcomed by global markets. The agreement, effective for 90 days, sees the U.S. cutting tariffs on Chinese imports from 145% to 30%, while China reduces its tariffs on U.S. goods from 125% to 10%. This temporary reprieve is seen as a step towards resolving a trade war that has disrupted global supply chains and sparked fears of a recession. The reduction in tariffs has boosted investor confidence, with stock markets responding positively to the news. U.S. Treasury Secretary Scott Bessent emphasized the importance of balanced trade and the mutual interest in avoiding economic decoupling. The agreement, while temporary, signals a willingness from both sides to work towards a more stable trade relationship, providing short-term relief to businesses and consumers affected by the trade dispute. Key Takeaway
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More Business & Investing news
- 💰 Corteva prices $500M Senior Notes offering (Link)
- 🚗 US car prices surge after new auto tariffs (Link)
- 🔍 Matthews International acquires Dodge Company for $57M (Link)
- 🛠️ Nonprofits face threats amid Trump's DEI battle (Link)
- 🏞️ $24M Texas ranch offers ultimate luxury retreat (Link)
- 📉 Fed struggles to gauge US growth amid trade shifts (Link)
- 🪙 Eric Trump's Bitcoin venture to go public (Link)
- 💼 Abeona sells Priority Review Voucher for $155M (Link)
- ⚡ Michigan's grid ready for summer heat (Link)
- 📱 Man frustrated by app needed to bribe president (Link)
Today's Technical Analysis
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Sell | STOCH Hold |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Hold | STOCH Sell |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Hold | STOCH Sell |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Hold | STOCH Sell |
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Technical Indicator Information
Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30
Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20
Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80
Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75
Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal
Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20
Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100
Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band
Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price
Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0
Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30
Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI
Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25
Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.
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