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☆ Bank of America says do not sell in May and go away
▼ + stars: | 2024-05-08 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Investors should ignore the adage about selling off equities in May as a big preelection summer rally could be coming, according to Bank of America. "Do not sell in May and go away," Stephen Suttmeier, the firm's technical research strategist, told clients in a Tuesday note. He pointed to the fact that June through August has been the second strongest three-month stretch for the S & P 500 for all years since 1928. In those three months alone, the broad market index has gained 65% of the time with an average return of 3.2%, according to Bank of America data. .SPX YTD mountain S & P 500, YTD And there's a key factor Suttmeier sees changing the narrative for the better this year: the presidential election.

Persons: Stephen Suttmeier, It's, Jerome Powell, Suttmeier, Williams Organizations: Bank of America, Dow Jones, Federal

DeSantis' camp on Tuesday announced that it was ousting campaign manager Generra Peck and bringing in two top outside strategists. Replacing Peck, who is now the campaign's chief strategist, is James Uthmeier, previously the governor's chief of staff. Campaign insiders and donors say the replacement of Peck is unlikely to quell anxiety about the direction of DeSantis' campaign. NEW CAMPAIGN MANAGER, SAME STRATEGYUthmeier's appointment had been in the works for weeks, said one person close to the process. "With him, the governor has basically imposed his will in Tallahassee," said another person close to Uthmeier, referring to Florida's capital city.

Persons: Ron DeSantis, Scott Brown, Reba Saldanha, DeSantis, Generra Peck, Peck, James Uthmeier, Donald Trump, Robert Bigelow, Bigelow, James, Uthmeier, Trump, David Polyansky, Marc Reichelderfer, Gram Slattery, Ross Colvin, Alistair Bell Organizations: Republican U.S, REUTERS, Republican, Reuters, Republican Party, Thomson Locations: Florida, Rye , New Hampshire, U.S, Utah, Tallahassee, Iowa

☆ DeSantis ditches his campaign manager, but it's a reset that may have come too late
▼ + stars: | 2023-08-08 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Ron DeSantis completed his campaign reset by replacing his campaign manager. Ron DeSantis on Tuesday completed the full-scale reboot of his once-promising presidential campaign, reassigning his campaign manager and elevating a loyal hand from his governor's office. James Uthmeier, DeSantis' chief of staff in Tallahassee, will now lead his campaign, news first reported by The Messenger. DeSantis' former campaign manager Generra Peck, who also led DeSantis' midterm reelection romp, will remain as a chief strategist. Uthmeier's elevation comes after the DeSantis campaign laid off more than a third of its staff that once boasted more than 90 people.

Persons: Ron DeSantis, DeSantis, James Uthmeier, Uthmeier, reassigning, Trump's, Donald Trump, it's, Trump, Joe Biden, Generra Peck, Peck, David Polyansky, Andrew Romeo, FiveThirtyEight Organizations: Service, Gov, GOP, Florida Republican, PAC, Republicans, Trump, Politico Locations: Wall, Silicon, Milwaukee, Tallahassee, Florida, Iowa, Trump

☆ DeSantis replaces campaign manager as he scrambles to catch Trump
▼ + stars: | 2023-08-08 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Ron DeSantis speaks during the Moms for Liberty Joyful Warriors national summit at the Philadelphia Marriott Downtown on June 30, 2023 in Philadelphia, Pennsylvania. Ron DeSantis is replacing his presidential campaign manager as he struggles to close his polling gap with former President Donald Trump and faces growing concerns from top donors. Political strategist David Polyansky, who was working for the pro-DeSantis super political action committee Never Back Down, is being hired as Uthmeier's deputy campaign manager, the campaign confirmed Tuesday. Peck will remain as DeSantis' chief campaign strategist, according to The Messenger, which first reported on the change in management. Uthmeier has no prior experience running a political campaign.

Persons: Ron DeSantis, Donald Trump, Generra Peck, James Uthmeier, David Polyansky, Peck, DeSantis, Uthmeier, shakeup Organizations: Gov, Liberty Joyful Warriors, Philadelphia Marriott Downtown, Florida Gov Locations: Philadelphia , Pennsylvania, Florida

☆ S&P 500's 'FOMO' rally has upside beyond 4,500, says Bank of America chart analyst
▼ + stars: | 2023-06-21 | by ( Scott Schnipper | ) www.cnbc.com time to read: +1 min

Part of Suttmeier's optimism is based on the S & P 500 price chart showing a bullish "cup and handle" formation — the cup is U-shaped and the latest three-day pullback is the handle — which serves to confirm and, perhaps even more importantly, extend the earlier advance. .SPX 1Y mountain S & P 500 performance over past 12 months. "We view the breakout above 4200 on the SPX as a FOMO rally. The net long position for asset managers in SPX e-mini futures shows a sharp increase in recent weeks to suggest that FOMO is catching on with institutional asset managers. The only caveat Bank of America offered to its bullish call was that the Nasdaq-100 , Russell 2000 , Dow Jones Industrial Average and NYSE Composite indexes have failed to break above their own resistance points, "which is a tactical risk."

Persons: Stephen Suttmeier, Suttmeier, Russell, Michael Bloom Organizations: Bank of, Bank of America, SPX, Nasdaq, Dow Jones Industrial Locations: SPX

☆ The stock market rally is being driven by FOMO with more upside likely, but there's a looming risk ahead, Bank of America says
▼ + stars: | 2023-06-21 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A FOMO rally has taken over the stock market, and there could be more upside ahead, according to Bank of America. BofA expects the S&P 500 to rally into the 4,500 range after it broke above resistance. "The S&P 500 cleared 4,200 in early June to break out from a 4-month bullish cup and handle. "We view the breakout above 4,200 on the S&P 500 as a FOMO rally. Decisive breakouts above those levels would add credibility to the current stock market rally and help Suttmeier's case for more upside ahead.

Persons: BofA, —, Stephen Suttmeier, Suttmeier, Russell, Dow Jones Organizations: Bank of America, Service, Nasdaq, Dow, NYSE

☆ Her son said his stepdad was sexually abusive. A judge gave the stepdad custody anyway. Then she found the photographs.
▼ + stars: | 2023-05-18 | by ( Olivia Gentile | ) www.businessinsider.com time to read: +58 min

Robert confronted Winenger with the allegations that November, and within weeks Winenger denied the claims in family court. In a family court hearing in Vista, California, on October 28, 2021, Commissioner Patti Ratekin chastised Jill Montes for allegedly alienating her kids from her ex-husband. From a list provided by the Delaware Family Court, Kelly chose a psychologist, William Northey. Their father cited the report in asking a Delaware family court judge to order the boys to change schools. Family Court of the State of Delaware, New Castle CountyCiting the email and a subsequent report, Michael pressed Ostroski to order the transfer.

Persons: he'd, Robert, stepdad, Thomas Winenger, Winenger, Robert's, Jill Montes, Montes, Patti Ratekin, she'd, Ratekin, Richard Gardner, Gardner, Lynn Steinberg, she's, Maya, shrieks, Joan Meier, They'd, —, Meier, Tom Brenner, Paige, Maggie Shannon, Claire, Eden, Weeks, Hester Prynne, Mitra Sarkhosh, Sarkhosh, San Diego Robert, Tom Winenger, Tamatha Clemens, Miguel Alvarez, Alvarez, overreact, Alvarez didn't, Bridges, Janell Ostroski, Linda Gottlieb, Ostroski, Michael D, Ashton, Alfield Reeves, Michael, Kelly D, Kelly, who've, Randy Rand, Chris, Rand, he's, Rand isn't, Jane Shatz of, Joann Murphey, Murphey, Steinberg, Ally Toyos, Kit R, Toyos, Emily, Richard Warshak, Elizabeth Loftus, Harvey Weinstein's, Loftus, Hannah Rodriguez, Linda Gottlieb's, Gottlieb, Rodriguez, Yvonne Parnell, Brian Ludmer, Ludmer, Parnell, aren't, Daniel Barrozo, Mom, Jean Mercer, Mercer, who'd, Michael Saini, Saini, Hannah Yoon, — Ashton, Judge Ostroski, William Northey, Northey, O, Addie Asay, mistreating Ashton, Rachel Brandenburg, Brandenburg, I've, Michael's, Gardner's, Gardner dosed, Dr, Paul Fink, Fink, Warshak, William Bernet, Patrick Clancy, doesn't, She'd, Brian Fitzpatrick, Sen, Susan Rubio, Meier's, Rebecca Connolly, didn't, Connolly, Heidi Simonson, Rubio, Theresa Manzella Organizations: Investigations, San, Business, Child Welfare, of, American Psychiatric Association, World Health Organization, American Professional Society, George Washington University, Violence Law, George Washington University Law School, Columbia University, PAS, Sarkhosh, San Diego County Sheriff's Department, California Health, Welfare Agency, Psychology, Bridges, Texas, Roane, Stockton University, University of Toronto, Families, Delaware Family Court, Family, Delaware Family, Association of Family, Conciliation, Newsday, University of Texas Southwestern Medical Center, HarperCollins, Family Bridges, Vanderbilt University, Disorders, The Justice Department, WHO, of Social Welfare, Family Law, Winenger, Montes, Superior Locations: San Diego County, Vista , California, of California, Family Bridges, United States, Santa Cruz , California, Sacramento, Los Angeles, San Diego, toddlerhood, Ratekin, San, California, Eden, New Castle County , Delaware, New York, Ashton, Delaware, Jane Shatz of California, Seattle, Southern California, Texas, Kansas, Toyos, Bozeman , Montana, Family, Tampa , Florida, New, Hudson Valley, Chino , California, Wilmington , Delaware, of Delaware, New Castle County, Denver, Washington, Pennsylvania, Susan Rubio of Los Angeles County, statehouses, Watsonville , California, Santa Cruz, Michigan , Kansas, Utah, Colorado, Montana

☆ Check out these ultra-realistic masks of Elon Musk, Jeff Bezos, and Mark Zuckerberg that cost $20,000 a piece and a month to make
▼ + stars: | 2023-04-26 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Landon Meier is the artist behind realistic masks of tech figures like Elon Musk and Mark Zuckerberg. The digital artist Beeple showed the masks at an event this month during the NFT conference in New York. It seemed the likes of Andy Warhol, Elon Musk, Mark Zuckerberg, Jeff Bezos, and North Korean leader Kim Jong Un had all at once taken the spotlight together. The masks themselves were made by Denver, Colorado-based artist Landon Meier, who meticulously crafts the life-like visages, Beeple tweeted. Landon Meier.

☆ Plaid views identity verification as key to its 2023 growth plans. Here's how the fintech is using it to become a one-stop shop for customers.
▼ + stars: | 2023-02-28 | by ( Paige Hagy | ) www.businessinsider.com time to read: +5 min

Plaid views identity verification as key to linking together different parts of its business. The company is using ID verification to streamline the onboarding process for fintechs. Plaid wants to create a seamless onboarding experience for fintech users with its new product Plaid Identity Verification (IDV). Plaid IDV launched in July 2022 and has 200 customers. In the fourth quarter of 2022, one in three new deals included Plaid IDV.

☆ Swiatek quells Niemeier challenge in testing opener
▼ + stars: | 2023-01-16 | by ( Shrivathsa Sridhar | ) www.reuters.com time to read: +1 min

[1/3] Tennis - Australian Open - Melbourne Park, Melbourne, Australia - January 16, 2023 Germany's Jule Niemeier in action during her first round match against Poland's Iga Swiatek REUTERS/Carl RecineMELBOURNE, Jan 16 (Reuters) - Iga Swiatek took time to get going but found her way past Jule Niemeier, beating the German 6-4 7-5 in the opening round of the Australian Open on Monday for a slightly unconvincing start as the firm favourite for the year's first Grand Slam title. In a rematch of their U.S. Open fourth-round meeting where Swiatek battled from a set and break down to prevail, the Pole revved up her backhand to save two breakpoints before a nervy hold as Niemeier gave her little room to work the angles. But the top seed targeted world number 68 Niemeier's serve to grab the decisive break and with it the opening set, before surrendering serve early in the next only to hit back from 0-2 down to level at 5-5 and seal the victory. Swiatek, backed to stamp her authority on the women's game by winning the title vacated by the retired Ash Barty, continues her quest for a fourth major trophy when she meets Colombia's Camila Osorio in the second round. Reporting by Shrivathsa Sridhar in Melbourne Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

☆ German president says Trump's 'America First' policy creates unstable world
▼ + stars: | 2020-02-14 | by ( Amanda Macias | ) www.cnbc.com time to read: +3 min

German President Frank-Walter Steinmeier addresses the opening speech of the 56th Munich Security Conference in Munich, southern Germany, on February 14, 2020. "Our closest ally, the United States of America, under the current administration, rejects the very concept of the international community," he said. In his opening remarks, German President Frank-Walter Steinmeier warned that the United States would put its own interests first at the expense of allies. MUNICH — Germany's president kicked off the annual Munich Security Conference on Friday by taking a swipe at President Donald Trump's "America First" foreign policy approach. Read more: Nuclear weapons and 5G among national security topics at Munich Security ConferenceSteinmeier also accused Russia and China of amplifying global insecurity in pursuit of "great power" competition.

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