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He was 13 when he first heard about trading stocks. Finally, he filters for volume with the "50-day average volume"— the average number of shares traded daily over 50 days — above 25,000 shares. He had been watching Nvidia's chart since December, and it had a consistent 200-day moving average trend upward. As of January 3rd, it held above its 50-day moving average, bouncing off resistance points around $8.83 and $8.94 with minor pullbacks. The stock had a strong 150- and 200-day average uptrend.
Persons: Leoš, Benjamin Graham's, William O'Neil, Mark Minervini, Norman Zadeh, Mikulka Organizations: Investor's, Gamestop, US, Business, Apple, Nvidia, Mitsubishi UFJ Financial, Holdings Locations: Prague, IBD
The gauge is shown below in green and red alongside S&P 500 price action in blue. Most strategists at major Wall Street banks, meanwhile, generally see the S&P 500 staying above 5,000 through 2024. And as the stock market ground mostly higher, he persisted with his doomsday calls. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 26% over the past year.
Persons: Jeremy Grantham, John Hussman, he's, Hussman, , it's, Warren Buffett, there's, David Rosenberg Organizations: Hussman Investment Trust, Business, CPS, Federal Reserve, Rosenberg Research, Bureau of Labor Statistics, Employment Dynamics, bullish
I talked to Brendan Doherty, a professor of political science at the United States Naval Academy and author of the books, “The Rise of the President’s Permanent Campaign” and “Fundraiser in Chief: Presidents and the Politics of Campaign Cash,” about why early presidents stayed off the trail and how this became the permanent campaign. Our conversation, conducted by email, is below:WOLF: Why didn’t early presidents personally campaign? DOHERTY: In the early decades of the republic, presidential candidates adhered to the norm that they should not actively campaign for office. DOHERTY: While early presidential candidates didn’t actively campaign, their supporters got the word out on their behalf. DOHERTY: Modern presidents campaign for themselves and for their fellow party members throughout their term in office.
Persons: Donald Trump, he’d, , Trump, , Joe Biden, , Brendan Doherty, DOHERTY, WOLF, didn’t, Andrew Johnson, Johnson, William Jennings Bryan, Republican William McKinley, Franklin Roosevelt, Harry Truman, Harry S, George Skadding, John F, Kennedy, Ronald Reagan, Herbert Hoover, Reagan, hadn’t, it’s Organizations: CNN, , United States Naval Academy, Newspapers, Democratic, Republican, Truman, Catholic, White, Wisconsin and, Ronald, Electoral, Technological Locations: York, Pennsylvania , Michigan, Wisconsin, Florida, New Jersey, Wisconsin and West Virginia, Fairfield , Connecticut
Eastern Ukraine, a Ukrainian Air Force MiG-29 Wild Weasel fires off an AGM-88 HARM towards a Russian radar. (Summer ‘22) pic.twitter.com/IOeu7hzUxW — OSINTtechnical (@Osinttechnical) February 8, 2024The US Air Force pioneered SEAD tactics in the Vietnam War. The term "wild weasel" originated from Project Wild Weasel. This US Air Force anti-SAM strategy used direct attacks to suppress enemy air defenses, according to the National Museum of the US Air Force. But, he added Ukraine's tactics "go far beyond the classic wild weasel missions of Anti-Radiation Missile equipped aircraft."
Persons: , UkrAF Su, McDonnell Douglas, Stuart Lutz, Gado, Seaman Anthony N, Frederik Mertens, Mertens, William LaPlante, Justin Bronk, Bronk, Russian SAMs, James Hecker, Kajsa Ollongren, Putin Organizations: Service, Ukraine's, US Air Force, Radiation, Business, Ukrainian Air Force, Air, National Museum of, US Navy, US, U.S . Navy, Communication, Hague, Strategic Studies, Radiation Missile, Defense, Washington DC, Wild, Technology, Royal United Services Institute, Russian SAM, United States Air Forces, Air Force, Space, Rygge Air Force Base, OLE BERG, Getty, Dutch Defense Locations: Ukraine's Soviet, Eastern Ukraine, Russian, Ukraine, Ukrainian, treetop, Vietnam, Libya, Iraq, Yugoslavia, London, Europe, Romania, Norway, AFP, Netherlands, Vilnius, Denmark, Crimea, Kerch
Beethoven’s hair reveals lead poisoning
  + stars: | 2024-05-11 | by ( Ashley Strickland | ) edition.cnn.com   time to read: +6 min
CNN —Ludwig van Beethoven’s “Ode to Joy” is one of the first songs I learned to play on the violin. While his doctor’s notes were lost to time, scientists sequenced Beethoven’s genome from locks of his hair last year. Hulton Archive/Getty ImagesA new analysis of Beethoven’s hair has shown the composer experienced lead poisoning toward the end of his life. Tests revealed incredibly elevated levels of lead, as well as arsenic and mercury, in two of his locks, likely from drinking wine that was sweetened with lead. Researchers don’t believe lead poisoning would have been enough to kill him, but it could have contributed to the composer’s well-known gastrointestinal issues and deafness.
Persons: CNN — Ludwig van Beethoven’s, Joy ”, I’ll, Beethoven, Ludwig van Beethoven, don’t, , William Meredith, Umm Jirsan, Lady Elliot, Rebecca Wright, Kate Quigley, “ We’re, Ashley Strickland, Katie Hunt Organizations: CNN, Symphony, Hulton, , Arabia, National Oceanic, Atmospheric Administration, Minderoo, Energy, CNN Space, Science Locations: Alabama, Saudi Arabia, Umm Jirsan, Lady, Australia
FTX founder Sam Bankman-Fried, who was convicted on seven counts, gave an interview from prison to Puck. SBF told Puck he spends his days in a large dormitory room with 35 other men. He said he lives off beans and rice purchased from the commissary, and his rice is now prison currency. AdvertisementSam Bankman-Fried has a new currency to trade in prison at the Metropolitan Detention Center in Brooklyn. He told Puck that he has not been abused and does not "fear for his safety."
Persons: Sam Bankman, SBF, Puck, , Fried, William D, Cohan, Cromwell, Damian Williams, Crypto, FTX Organizations: Service, Metropolitan Detention, Alameda Research, Puck News, Bureau of Prisons, Business, Sullivan Locations: Puck, Brooklyn, Alameda
Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant company that owns Fatburger, Johnny Rockets and Twin Peaks. Fat Brands, Wiederhorn and a few other people were criminally indicted by a federal grand jury in Los Angeles for wire fraud, tax evasion and other counts related to the alleged scheme. "These charges are unprecedented, unwarranted, unsubstantiated and unjust," Fat Brands counsel Brian Hennigan said in a statement. As chief executive of Fat Brands, Wiederhorn, 58, allegedly directed the company to loan its own funds to him, with no intention of ever paying the "sham" loans back, according to the indictment. He also did not report any of the so-called loans from Fat Brands as income, according to the indictment.
Persons: Andy Wiederhorn, Johnny, Brian Hennigan, Wiederhorn, overreach —, Nicola Hanna, Wiederhorn's, Thayer, Ron Roe, Rebecca Hershinger, William Amon Organizations: Brands, Johnny Rockets, U.S . Securities, Exchange Commission, Fat Brands, SEC, Fog, Wiederhorn Locations: Los Angeles, Oregon, U.S
For most investors, holding just one passive global stock market fund and one passive global bond market fund over the long term is the best way to construct a portfolio, the strategists said. While some more time-consuming, complicated strategies may allow for higher returns, this approach gives investors the best all-around bang for their buck, Loeys and Wise said. Our point is instead that we believe you can achieve most, if not all of your financial objectives by following our KISS approach. Two stock funds that do this include the Vanguard Total World Stock Index Fund (VTWAX) and the SPDR Portfolio MSCI Global Stock Market ETF (SPGM). For investors who want to do more with their portfolio, Loeys and Wise suggested dedicating 80%-90% of one's portfolio to the above strategy, and using the other 10%-20% on other investments.
Persons: Jan Loeys, Alexander Wise, Wise, Joeys, Loeys Organizations: JPMorgan, Business, KISS, Index, Stock Market, Bond, Fidelity
David Shapiro, a cerebral yet deeply personal poet aligned with the so-called New York School, whose highly lyrical work balanced copious literary allusions with dreamlike imagery and intimate reflections drawn from family life, died on Saturday in the Bronx. His wife, Lindsay Stamm Shapiro, said the cause of his death, in a hospice facility, was Parkinson’s disease. Mr. Shapiro published 11 volumes of poetry during his six-decade career. His book “You Are You: Writings and Interviews on Poetry, Art and the New York School” is scheduled to be published this fall. And he maintained a career in academia that included decades as an art history professor at William Paterson University in Wayne, N.J.
Persons: David Shapiro, Lindsay Stamm Shapiro, Shapiro, , Piet Mondrian, Jasper Johns, Jim Dine Organizations: New York School, William Paterson University, Columbia University Locations: Bronx, Wayne , N.J, mater
A federal judge in California dismissed a lawsuit filed by Elon Musk's X against Israel's Bright Data, in a case that involved the scraping of public online data and its appropriate uses. X, formerly Twitter, sued Bright Data, alleging the company "scrapes data from X" and sells it "using elaborate technical measures to evade X Corp.'s anti-scraping technology." He added that X was not "looking to protect X users' privacy," and was "happy to allow the extraction and copying of X users' content so long as it gets paid." Bright Data says it only scrapes publicly available data that's visible to anyone without a login. At the time of the suit's filing, X made the information Bright Data scraped available to anyone.
Persons: Elon Musk's, X, William Alsup, X didn't, Meta Organizations: Israel's, Twitter, Bright Data, X Corp, LinkedIn, Bright, Data, Meta Locations: California, U.S, Texas, Dallas County
New York CNN —The Planet Fitness $10-a-month membership plan is a powerful marketing tool and a central part of its strategy. Planet Fitness will raise the price of its “classic” membership from $10 a month to $15 for new members beginning in the summer. “It’s a ‘get you off the couch’ price,” Planet Fitness’ former CEO told CNN in 2022. Planet Fitness blared out the $10 gym plan, which includes annual fees and free training, in commercials. “We’ve seen in every industry people move in price,” Planet Fitness interim CEO Craig Benson said.
Persons: Sharon Zackfia, William Blair, “ We’ve, Craig Benson, Organizations: New, New York CNN, CNN, Fitness, Black Card Locations: New York, United States, Square
Read previewTwo OpenAI employees who worked on safety and governance recently resigned from the company behind ChatGPT. Daniel Kokotajlo left last month and William Saunders departed OpenAI in February. Kokotajlo, who worked on the governance team, is listed as an adversarial tester of GPT-4, which was launched in March last year. OpenAI also parted ways with researchers Leopold Aschenbrenner and Pavel Izmailov, according to another report by The Information last month. OpenAI, Kokotajlo, and Saunders did not respond to requests for comment from Business Insider.
Persons: , Daniel Kokotajlo, William Saunders, Saunders, Kokotajlo, overton, Ilya Sutskever, Jan Leike, AGI, It's, Sam Altman, Diane Yoon, Chris Clark, Yoon, Clark, OpenAI, Leopold Aschenbrenner, Pavel Izmailov Organizations: Service, Business, Alignment Locations: OpenAI
If former President Donald Trump wins a second term in the November election, expect him to try to stay in power beyond his allotted four years, says Nobel Prize-winning economist Joseph Stiglitz. Right now, a second Trump term is a real possibility. AdvertisementInstead, Trump is more likely to declare a state of emergency, Stiglitz said, in an attempt to delay or cancel elections. The executive branch has no power to move the date of elections, according to the National Constitution Center. AdvertisementChanging an election date via Congress would need the approval of both the Senate and the House of Representatives, and the two chambers would have to come up with a new election date, per the National Constitution Center.
Persons: Donald Trump, Joseph Stiglitz, Putin, Orbán, Bolsonaro, Stiglitz, Trump, Joe Biden, Brad Raffensperger, Mike Pence, I'm, Pence, Ronald Reagan Organizations: Service, Business, Trump, RealClearPolitics, Georgia, Capitol, Republican Senate, Congress, National Constitution Center, Senate, Representatives, Constitution Center, Congressional Research Service, CRS, :, Good Society Locations: Ohio
BEIJING — Chinese electric car company Nio said Thursday it will launch its lower-priced brand called Onvo on May 15. The announcement comes amid a price war in China's highly competitive electric car market that's forced Tesla to cut prices. Nio said the first Onvo model, the L60, will be a "family-centric smart BEV priced around RMB 250,000, in the same segment as Tesla Model Y." Nio delivered 15,620 electric cars in April, up from 11,866 cars the prior month. The company sells cars to Europe, but didn't specify whether Onvo would be available outside China.
Persons: Nio, Tesla, BEV, William Li, Onvo, Le Organizations: Tesla, CNBC Locations: BEIJING, Europe, China
Many Americans don't know, and it's getting even harder to calculate — especially as Social Security is poised to start reducing benefits in just about a decade. Related stories"That number is all over the place," Copeland said, referring to how much people are going to need in retirement savings. "It will be devastating if people who already are facing very dire retirement prospects get less Social Security than they're planning on. Estimating how much you will need in retirement may be helpful, even long before retirement. That highlights the fact that calculating how much you're going to actually need in retirement is complicated.
Persons: it's, That's, there's, Craig Copeland, Copeland, , William Arnone, Indira Venkateswaran, Greenwald Organizations: Service, Security, Greenwald Research, Business, AARP, Wealth, Research Institute, Social, Social Security, National Academy of Social Insurance Locations: America
Beethoven’s genome was made publicly available, inviting researchers around the world to investigate lingering questions about Beethoven’s health. Meanwhile, scientists continue to figuratively go over the authenticated locks of Beethoven’s hair with a fine-tooth comb, teasing out surprising insights. But at the time the researchers did not test Beethoven’s newly authenticated hair samples for lead. Because the researchers don’t have hair samples from earlier in Beethoven’s life, it’s impossible to understand when the lead poisoning started, Meredith said. But Rifai said he saw comparable lead levels when he conducted research in two villages in Ecuador where the main trade is to glaze tiles with lead from batteries.
Persons: Ludwig van Beethoven’s, Beethoven, , Christian Reiter, Hiller, Thayer, Anton Halm, William Meredith, Nader Rifai, Meredith, Rifai, Paul Jannetto, he’d, Johann Adam Schmidt, Beethoven’s, , ” Meredith, Friedrich Schiller’s, Joy, it’s Organizations: CNN —, Center of Forensic Medicine, Medical University of Vienna, Harvard Medical School, Boston Children’s Hospital, Mayo Clinic, Beethoven, Symphony, Ninth, Ninth Symphony Locations: United States, Ecuador, Vienna
Health-tech firm Masimo , facing the imminent threat of litigation and a second proxy contest, offered a settlement to Politan Capital's Quentin Koffey on Thursday that would fill a vacant board seat with one of the activist's proposed directors. The company is trying to spin off its consumer technology division in concert with an unspecified joint-venture partner, CEO Joe Kiani said earlier this year. The settlement offer would not have been possible without the imminent resignation of current director Rolf Classon, whose departure was attributed to "personal health reasons." Koffey waged a successful proxy fight at Masimo last year earning himself and another nominee representation on Masimo's six-person board. Politan launched a second proxy fight to oust Kiani earlier this year, saying that the "absence of oversight has been damaging for shareholders."
Persons: Politan Capital's Quentin Koffey, Masimo's, Craig Reynolds, William Jellison, Joe Kiani, Koffey, Masimo, Rolf Classon, Politan, Kiani Organizations: Masimo Locations: Kiani
Norfolk Southern shareholders on Thursday voted to elect three of dissident Ancora's director nominees but fell short of ousting incumbent CEO Alan Shaw. Norfolk Southern's board had fought hard to stave off Ancora's biggest demand: firing current CEO Alan Shaw. The activist had argued that Norfolk Southern should adopt a model known as precision-scheduled railroading, or PSR, which has delivered impressive shareholder returns at other railroads. Government officials, who had previously voiced their support for Norfolk over Ancora, were momentarily silenced by the reversal. ISS recommended that shareholders support five of Ancora's seven picks but did not recommend electing Ancora CEO pick Jim Barber to the board.
Persons: Alan Shaw, William Clyburn, Sameh Fahmy, Gilbert Lamphere, Ancora, Glass Lewis, Jim Chadwick, Frederick DiSanto, Shaw, Ancora's, Jim Barber, Ancora's Chadwick, DiSanto Organizations: Norfolk Southern, Shareholders, Norfolk, ISS, PSR, Government, Labor, Cleveland Locations: . Norfolk, Ohio, Ancora
Prince Harry is in the UK to celebrate 10 years of the Invictus Games. AdvertisementThe royal family was noticeably absent from a ceremony celebrating the Invictus Games. The Invictus Games, a worldwide sporting competition for injured veterans, marked 10 years since its creation on Wednesday. AdvertisementAs part of the anniversary celebrations, The Invictus Games Foundation hosted a Service of Thanksgiving at St Paul's Cathedral in London. Chris Jackson/Getty Images for Invictus Games Foundation)Harry traveled to the UK to attend the ceremony and other events marking the anniversary.
Persons: Prince Harry, Princess Diana's, King Charles III, Prince William didn't, , London . Prince Harry, Chris Jackson, Harry, Queen Camilla, Diana's, Earl Charles Spencer, Lady Jane Fellowes, Max Mumby, Spencer, King Charles, Meghan Markle, Charles, Meghan, Duke, Sussex, Buckingham, Prince William, Sussex's, Kate Middleton's, Kate, Prince, Princess of Organizations: Invictus, Service, Invictus Games, Charity Commission, St Paul's Cathedral, Getty, Wednesday, Mail, BBC, Good Morning America, Reuters, Buckingham Palace, Sussex, Netflix Locations: England, Wales, Paul's, London, St Paul's, Buckingham
Barbara Stauffacher Solomon, an audacious graphic designer, landscape architect and artist who first made a splash in the 1960s with the supersize, geometric architectural painting movement known as supergraphics, died on Tuesday at her home in San Francisco. Her daughter Nellie King Solomon confirmed the death. In 1962, Ms. Stauffacher Solomon was the rare woman to set up shop as a graphic designer in the Bay Area, working for clients like the San Francisco Museum of Modern Art (now SFMOMA). It was architecture, however, that put Ms. Stauffacher Solomon on the national stage. In the early 1960s, an architect turned developer named Al Boeke envisioned a new community on a windswept bluff and former sheep ranch a few hours north of San Francisco.
Persons: Barbara Stauffacher Solomon, Nellie King Solomon, Stauffacher Solomon, Baskerville, Al Boeke, Lawrence Halprin, Joseph Esherick, Charles Moore, Donlyn Lyndon, William Turnbull Jr, Richard Whitaker Organizations: San Francisco Museum of Modern Art, Times Locations: San Francisco, Bay, Basel, Switzerland, Swiss
Harry is back in the UK for the 10th anniversary of his Invictus Games. Chris Jackson/Getty Images for The Invictus Games FoundationBuckingham Palace has not commented on the duke’s visit. The inaugural Invictus Games, an international sporting competition for wounded veterans and members of the military, was held in London in 2014. Following the Invictus celebrations in London, Harry and Meghan will head to Nigeria at the invitation of the Nigerian Defence Headquarters. The next Invictus Games will be held in Vancouver and Whistler in Canada in February 2025.
Persons: Duke, Sussex, King Charles III, Prince Harry, Harry, Chris Jackson, Meghan, Prince William, Duchess, Prince Archie, Charles, , Catherine , Princess of Wales, Damian Lewis Organizations: London CNN, Invictus, Invictus Games, Getty, Buckingham, CNN’s Royal, Nigerian Defence Headquarters Locations: United Kingdom, United States, London’s St, Paul’s, London, Nigeria, Vancouver, Whistler, Canada, Birmingham, Washington, DC
The University of Southern California’s academic senate voted on Wednesday to censure Carol Folt, the school’s president, after several tumultuous weeks in which the administration canceled the valedictory address of a Muslim student, cleared a protest encampment within hours and called in police last month to arrest dozens of protesters. The academic senate, which consists primarily of faculty members, also endorsed calls for an investigation into the administration’s actions. The vote represented only a fraction of the university's 4,700 faculty members, and the senate stopped short of taking a vote of no-confidence in the administrators, which would have been a harsher rebuke. Despite criticism, Dr. Folt has maintained considerable support from the university’s trustees, and some faculty members have quietly sympathized with her. Still, the vote was “significant” with “far-reaching implications,” said William G. Tierney, a professor emeritus of higher education at U.S.C., who has written about the response to campus protests across the nation.
Persons: Carol Folt, Folt, Andrew T, Guzman, , William G, Tierney Organizations: University of Southern Locations: U.S.C
Whether he's playing the handsome leading man in a rom-com or an intensely focused franchise star, Pine has the uncanny ability to adapt into the movie star that's needed at any particular moment. I learned more from that set about what it means to be a movie star than probably anything else. On turning down 'Wonder Woman' twice before director Patty Jenkins convinced him by bringing up 'Casablanca'"Wonder Woman." Warner Bros. PicturesBy the time you did the "Wonder Woman" franchise, you had done your fair share of blockbusters. Even think of "Wonder Woman 1984" — that's a blockbuster movie that is a hero's journey not about revenge.
Persons: Chris Pine, he's, Don Mattingly, Annette Bening, Danny DeVito, Gwynne Gilford, Robert Pine, Sergeant Getraer, Jack, Pine, Anne Hathaway, David Caruso, it's, Kirk —, Kirk, William Shatner, Karl Urban, McCoy, Karl, Spock, Zach, Quinto, Leonard, Nimoy, Abrams, Shatner, Denzel, Denzel Washington, Tony Scott, Mark Bomback, I'm, you'd, Ben Foster, Taylor, Sheridan, David, Mackenzie, Jeff Bridges, Jeff, Ben, hadn't, Patty Jenkins, Patty, Steve Organizations: Business, Yankee, Washington, Walt Disney Pictures, CSI, Paramount Pictures, Denzel Washington, Denzel, Denzel Washington —, CBS, Warner Bros ., gonzo Locations: cardigan, Pine, Coast, heartthrob, Miami, Casablanca
Microsoft has developed a secret AI model exclusively for US spy agencies, Bloomberg reported. It's part of a broader effort by intelligence agencies to use AI for more efficient data handling. AdvertisementMicrosoft created a secret AI model for US spy agencies that is not connected to the internet. It is yet to be tested and accredited by the intelligence agencies. Intelligence agencies have long wanted to use AI to handle data more efficiently.
Persons: , William Chappell, Chappell, Dennis J, Gleeson, Jr, Sheetal Patel, CIA didn't Organizations: Microsoft, Bloomberg, Service, CIA, Transnational, Technology Mission Center, Intelligence, of National Intelligence, AIM Initiative, Business
It's a difficult time for first-time homebuyers amid poor housing affordability levels. In a recent analysis, SmartAsset ranked 192 US cities for new homebuyer favorability. The ranking considers median home prices, competition levels, and more. This has crushed affordability, putting housing payments at roughly their most expensive levels relative to incomes in four decades. This story is available exclusively to Business Insider subscribers.
Persons: SmartAsset, Organizations: Service, Business
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