Denver, CO
Broncos Postgame Notebook: Denver’s defense prevents Packers from scoring in stout performance
DENVER — After scoring 27 points during Sunday’s preseason game against the Packers, Denver’s offense looks to be building positive momentum ahead of the 2024 season.
But the Broncos’ defense arguably stole the show on Sunday, as the unit recorded two key takeaways and kept the Packers from scoring in Denver’s 27-2 win. Green Bay’s only points came via a safety late in the third quarter.
Coming off of a strong defensive performance last week against Indianapolis and a promising joint practice with the Packers on Friday, Head Coach Sean Payton said he is encouraged by the consistency the defense is showing.
“We played the run well at Indianapolis and then we came back off that game,” Payton said. “… [We’re] just kind of stacking these practices and building confidence. We had two takeaways. I think we scored 10 points off of them. We didn’t win the penalty battle, [but] we won the turnover battle. I’m encouraged.”
These two takeaways came from players who made their presences felt in last week’s win over Indianapolis. Defensive back Keidron Smith recorded his second interception of the 2024 preseason, while outside linebacker Jonah Elliss saw his consistent pressure pay off with a strip-sack and fumble recovery.
“I like his energy,” Payton said of Elliss. “… He’s someone that it’s not just one rush plan. He plays with passion and again, I’m encouraged with the rookie class. A number of these guys have a chance to contribute, and we’ll just keep working with him. It’s good to see his progress. He got a lot of snaps tonight.”
Several veteran players also made an impact on Sunday. Defensive end Zach Allen recorded a sack, while outside linebacker Nik Bonitto applied pressure that contributed to Elliss’ strip-sack and fumble recovery.
Bonitto said that there is a noticeable difference with this year’s defense and is eager to see the new energy continue to translate to on-field performance.
“We’ve got a lot of guys that just want to prove something,” Bonitto said. “… A lot of these guys have been waiting [for] their time to play, so it’s been good to have them on our team.”
Safety P.J. Locke is also encouraged by the effort he sees across the board from Denver’s defense, and he believes the sky is the limit for the hungry group.
“I think we can go as far as we want to go,” Locke said. “It’s all about confidence. … Our job as leaders, the older guys, is to let the [rookies] know … we can really do something.”
DENVER LOOKING TO ‘CLEAN UP’ PENALTIES
While Payton said that “there were a lot of positives” from Sunday’s win, he noted mistakes that the team will need to avoid in order to find success this season.
“We had enough penalties for three games, and we’ve got to get a lot of that cleaned up,” Payton said.
Denver committed 13 penalties for 120 yards on Sunday, and the Broncos will look to clean up their play ahead of the 2024 season.
“The penalties are tough because whenever you are moving the ball [and] moving it well and then you have a penalty that brings it back, it’s hard to overcome that,” quarterback Jarrett Stidham said. “This league is too good, the players on the opposite side are too good [and] the coaches are too good. Whenever it’s second-and-15 or first-and-20, it’s always hard to bounce back from that. We’ll definitely look at it and see what we can do to get better.”
Denver, CO
WATCH: Broncos’ Bo Nix connects with Tim Patrick for touchdown vs. Packers
Is it time to Bo-lieve?
First game in two years at @EmpowerField.
Touchdown. 🥹#GBvsDEN x @Tpstreets pic.twitter.com/JHeiIpTpxQ
— Denver Broncos (@Broncos) August 19, 2024
After getting the start in the Broncos’ season preseason game, rookie quarterback Bo Nix connected with Tim Patrick for a 2-yard touchdown pass Sunday against the Packers.
The score gave Denver a 10-0 lead in the second quarter.
Nix, 24, started the game strong, completing 8 of his first 9 passes for 80 yards and a touchdown. He also has three carries for 12 yards. He connected with Javonte Williams for a 13-yard touchdown pass in the first quarter, but it was called back after replays showed that Nix was past the line of scrimmage before making the pass.
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Originally Published:
Denver, CO
Man killed in Mar Lee shooting, suspect dead after car chase through south Denver
Two people were killed after a shooting and car chase through south Denver on Sunday, according to the Denver Police Department.
Officers responded to a shooting near West Arkansas Avenue and South Knox Court in Denver’s Mar Lee neighborhood Sunday afternoon, Denver police said in a post on X.
The shooting victim, a man, was pronounced dead.
Police saw a man suspected in the shooting driving away from the scene and followed him to the area of South University Boulevard and Cherry Hills Farm Drive in the Cherry Hills neighborhood.
The man crashed twice, hitting one vehicle, and was found dead in his vehicle as a result of suicide, police officials said.
Three people who were in the vehicle the man crashed into were not injured.
This is a developing story and may be updated.
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Originally Published:
Denver, CO
Improving Investor Behavior: Market forecasting is a loser’s game
It’s Friday, Aug. 2, and I’m writing this article with CNBC open on my browser. The headline shouts, “Dow Loses 750 Points, Nasdaq Enters Correction After Weak Jobs Report.” The week was rough, with markets retracting from what felt like a month of steady new highs. A scant few weeks ago, investors were piling cash into highly valued tech stocks. Now they can’t seem to exit fast enough. Fear and greed pervade.
For frequent readers of this column, a correction should come as no surprise. They happen every 12 to 18 months as a “normal” part of financial markets reacting to economic and market growth. Corporate earnings, the most recent jobs report, and the wait-and-see Federal Reserve seem to be contributing factors, but focusing on these each month is akin to analyzing the bugs on your windshield: watch too closely, and you’re likely to crash. For long-term investors, “corrections” (I still dislike that word) are a mere hiccup on the path to a bigger future.
But news broadcasters, of course, have a different perspective. The week’s headlines touted “Investor Recession Fears,” “Sharpest Weekly Losses.” In the next breath we read “Earnings Flurry Boosts Indexes,” and “Dow Closes Higher Buoyed by Bullish Inflation Report.” Bull or bear, it’s been a dramatic couple of weeks. As Dickens wrote, “It was the best of times, it was the worst of times.”
The news is inherently reactive. Anchors have the unenviable task of filling 24 hours of on-air time daily, so besides reporting on the event, they also feel the need to attempt to explain why it happened (or add some drama). Sometimes this is straightforward; other times — especially around financial markets — it’s downright impossible.
Daily market movements are random. Period. For fun, start each day by guessing whether your favorite index is going to finish the day up or down. Write down your guess. Do it for a month, and see how many days you get it right. The reality is that daily market movements are affected by so many variables that choosing up, down, or flat follows the same probability as a coin flip. What’s comical is financial media’s need to explain why the coin landed heads up.
Remember: volatility drives the narrative; the narrative does not drive volatility. When markets go down, “professionals” attempt to explain why. Maybe they’re right, maybe they’re wrong, but we can never measure their accuracy. So why do we listen to them?
As humans, we want answers. Cause and effect. The market went down 800 points; why? Markets are hugely amorphous, so we turn to “professionals” to explain the details. They give us a “reason,” and we wonder how we could be so silly to have missed the signs.
Taking a step back shows us how crazy it is to believe one person could flawlessly understand why markets moved on any given day. This is akin to someone explaining that the coin landed heads up because the wind blew. It’s insanity, yet we expect it, accept it, and worse yet, get on board with it. Human behavior craves certainty and stability, yet these are mere mental mirages crafted by those seeking to keep our attention.
This leads to an even bigger problem: predictions. Given an audience, reporters may feel empowered to start guessing the outcome of the coin flip before it even starts. Viewers might like to understand why something happened, but if they could know the outcome ahead of time? Well, that’s the promised land. And the media loves to give the viewer what they want, even if it’s completely wrong.
This is nothing new. In the mid-1980s, as a fresh-faced adviser working for a large firm, I once picked up a renowned economist from Stapleton Airport. My job was to drive him to Breckenridge for a research conference where he’d present his future predictions. At the time, interest rates were climbing, inflation was high, and he believed emphatically that mortgage rates were going to keep rising and never come back down.
That guess was wrong. Very wrong. Later in his career, he said Y2K was going to cause a worldwide recession, comparing it to the energy crisis of the early 1970s. Wrong again. Today he (naturally) owns a huge market research firm. As our compliance department says, “Past performance is not indicative of future success.”
Though we may wish for accurate forecasting, the truth is we have no facts about the future. We don’t know what will happen or how markets will react. Humans tend to make decisions with emotion instead of common sense, and we ignore mistakes and the wisdom they bring. That’s why human nature is a poor investor.
Choosing to do the right thing — the hard thing — takes effort and discipline. It also takes a perspective that feels unnatural but makes sense when taken at face value. Invest for the long term. Remove the guesswork, and ignore those who try to convince you they have an edge. Fall back on humility as a key character trait, recognizing that your knowledge and assumptions have limits. Above all, ask why. Not why something happened; in markets that answer isn’t knowable. Instead ask why someone is trying to explain the unexplainable. You’ll find far more insight.
Steve Booren is the founder of Prosperion Financial Advisors in Greenwood Village. He is the author of “Blind Spots: The Mental Mistakes Investors Make” and “Intelligent Investing: Your Guide to a Growing Retirement Income.” He was named by Forbes as a 2021 Best-in-State Wealth Advisor, and a Barron’s 2021 Top Advisor by State. This column is not intended to provide specific investment advice or recommendations.
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