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☆ Another man who threatened then-Arizona Secretary of State Katie Hobbs sentenced to prison
▼ + stars: | 2024-03-25 | by ( Holmes Lybrand | ) edition.cnn.com time to read: +2 min

CNN —A man who made threats against then-Arizona Secretary of State Katie Hobbs in 2022 was sentenced to two and a half years in prison on Monday, Justice Department officials announced during a news conference on threats to state election workers. The announcement comes less than two weeks after a separate individual was sentenced to three and a half years for making a bomb threat against Hobbs in 2021. Hobbs, a Democrat, is now governor of Arizona. “The right to vote, which is the cornerstone of our democracy, relies on the ability of election workers and election officials to perform their duties without fearing for their lives. The Justice Department will continue to aggressively investigate and prosecute those who threaten these public servants.”

Persons: Katie Hobbs, Joshua Russell, Hobbs, ”, John Keller, –, “, Arizona Gary Restaino, General Merrick Garland Organizations: CNN, Justice Department, Democrat, Force, ”, Department Locations: Arizona, Ohio

☆ This ETF tracking the housing market is undergoing a post-Fed breakout, according to the charts
▼ + stars: | 2024-03-21 | by ( David Keller | ) www.cnbc.com time to read: +3 min

The weekly chart of the iShares U.S. Home Construction ETF (ITB) shows how the long-term trend has become quite strong off the October 2022 low. The higher low in October was a sign of accumulation, showing that the bearish momentum going into the summer had begun to dissipate. Once this ETF broke above its July 2023 high, it traded higher to a price gap in December of last year. In this case, the homebuilder ETF resolved this pattern to the upside in late February with a break above $105. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Jerome Powell's, ITB, David Keller Organizations: Home, CMT Locations: U.S

☆ Best of CNBC Pro this week: How to trade Nvidia and alternatives to the AI juggernaut
▼ + stars: | 2024-03-16 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

CNBC Pro readers flocked this week to several stories on Nvidia and other ways to play the stock's monstrous rally. The top Pro story this week was " Sell Nvidia or stick with it? Other stocks could see a lift in the coming week off the Nvidia conference including AMD, Broadcom and Oracle. How to trade Nvidia In a column Monday, Fairlead Strategies founder Katie Stockton gave a guide to how to trade stocks that have " gone parabolic " like Nvidia and Meta. Nvidia alternatives Another top-performing Pro story this week was David Keller's on the potential breakout in Block , the parent company of Square.

Persons: Vahan Janjigian, he's, We've, Cantor Fitzgerald, C.J, Muse, Katie Stockton, Stockton, David Keller's, Keller, Stephanie Niven, Niven, BofA Organizations: CNBC Pro, Nvidia, Greenwich Wealth Management, Bank of America, NVIDIA, AMD, Broadcom, Oracle, Meta, KLA Corp

☆ While the rally in Nvidia stalls, this tech play is getting ready to rip, according to the charts
▼ + stars: | 2024-03-14 | by ( David Keller | ) www.cnbc.com time to read: +3 min

But despite the struggles of the largest stocks in the sector, Block (SQ) appears to breaking above a key resistance level. The key with a head and shoulders pattern is to wait for the "trigger", which is when the price actually breaks through the neckline. Here we can see that the recent breakout above the neckline was preceded by a price gap higher in February. Immediately after the price gap, SQ dropped down to around $75, a level which was retested again in early March. With inverted head and shoulders breakout on the weekly chart, and clearly defined risk levels on the daily chart, Block may just be worth investors' attention.

Persons: retested, David Keller Organizations: Nvidia, Apple, CMT

☆ Real-Estate Agents Use 'Steering' to Hide Cheap Houses From Homebuyers
▼ + stars: | 2024-03-13 | by ( James Rodriguez | ) www.businessinsider.com time to read: +14 min

Technically, the seller can promise as little as $0 to the buyer's agent; after all, why pay for someone you didn't hire? But multiple agents told me there are all kinds of ways shady practitioners try to skirt the rules. Critics say the stickiness of the going commission rate is evidence of steering's ubiquity. He said buyers' agents might call and say, "'Why is there no buyer's commission?" There are lots of willing brokers out there; if you suspect steering, agents told me, you've got plenty of options for a second opinion.

Persons: should've, Redfin, Julie —, Julie, Wendy Gilch, Gilch, they're, Doug Miller, Real, Rex, Keller Williams, I'm, Brendon Bowers, we're, Stephen Brobeck, Brobeck, they'll, you've, Rich, they've Organizations: Department of Justice, National Association of Realtors, Business, Facebook, Realtors, NAR, Consumer Federation of America, DOJ Locations: America, Minnesota, Austin, Houston, Kansas City , Missouri, Phoenix

☆ A veteran chartmaster calling for a continued market rally says it's time to diversify away from mega-cap growth by making these 6 investments now
▼ + stars: | 2024-03-10 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Wall Street was mostly upbeat about equities heading into 2023, though even the most bullish investment firms thought the S&P 500 would finish this year at 5,100 — a level it has exceeded already. Resisting this rally is a fool's errand, according to David Keller, the chief market strategist at StockCharts.com. The long-time chartmaster warned of a near-term pullback as the S&P 500 approached its previous record high but has since abandoned his cautious call. AdvertisementFast-forward to early March, and many of those mega-cap growth names remain hot, especially Nvidia and Meta. "I like that idea, at this point, of diversifying away from mega-cap growth," Keller said.

Persons: —, David Keller, chartmaster, Keller, I'm, they've, StockCharts.com Organizations: Service, Business, Nasdaq, Nvidia, Meta, Microsoft, Apple, Companies, Hilton, Marriott, Restaurant Brands, Burger King ., Biotechnology Locations: Burger

☆ Why Apple's recent decline may be just the beginning, according to the charts
▼ + stars: | 2024-03-07 | by ( David Keller | ) www.cnbc.com time to read: +3 min

The performance of the once-dominant Magnificent 7 stocks has certainly shifted in the first quarter, with charts like Apple (AAPL) beginning to diverge from the rest of the mega-cap growth leadership names. But is the recent decline for AAPL just the beginning? Since a strong rally in the first half of 2023, Apple has essentially been in a basing pattern. The RSI has moved into the oversold range as well, which tells me to expect at least some sort of bounce off this well-established level of price support. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Apple, It's, AAPL, David Keller Organizations: Apple, Nasdaq, RSI, CMT

Apple | Spotify | Amazon | YouTube Listen and follow ‘Hard Fork’Google removed the ability to generate images of people from its Gemini chatbot. We talk about why, and about the brewing culture war over artificial intelligence. Then, did Kara Swisher start “Hard Fork”? We clear up some podcast drama and ask about her new book, “Burn Book.” And finally, the legal expert Daphne Keller tells us how the U.S. Supreme Court might rule on the most important First Amendment cases of the internet era, and what Star Trek and soy boys have to do with it. Today’s guests:Kara Swisher, tech journalist and Casey Newton’s former landlordDaphne Keller, director of the program on platform regulation at Stanford University’s Cyber Policy CenterAdditional Reading:

Persons: Kara Swisher, “, Daphne Keller, Casey Newton’s Organizations: Apple, Spotify, YouTube, Google, Supreme, Stanford Locations: U.S

☆ Move over Big Tech, a new market leader could be emerging, according to the charts
▼ + stars: | 2024-02-29 | by ( David Keller | ) www.cnbc.com time to read: +3 min

Biotechnology stocks have recently shown renewed strength, and improving momentum may just push these names toward the top of the leaderboard. Second, this level also represented a 38.2% retracement level based on the 2021 high and 2022 low, which is a widely followed support level based on the Fibonacci methodology. This week, IBB has bounced off that support level, making a new 52-week high as it briefly pushed above the 50% retracement level around $140. The weekly chart reinforces that biotechnology stocks may still be in the early stages of this advance, with lots of daylight between current levels and the 2021 highs. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: IBB, David Keller Organizations: Biotechnology, Nasdaq Biotechnology, CMT

☆ Instagram and Facebook Subscriptions Get New Scrutiny in Child Safety Suit
▼ + stars: | 2024-02-26 | by ( Michael H. Keller | Jennifer Valentino-Devries | ) www.nytimes.com time to read: +1 min

The New Mexico attorney general, who last year sued Meta alleging that it did not protect children from sexual predators and had made false claims about its platforms’ safety, announced Monday that his office would examine how the company’s paid-subscription services attract predators. Attorney General Raúl Torrez said he had formally requested documentation from the social media company about subscriptions on Facebook and Instagram, which are frequently available on children’s accounts run by parents. Instagram does not allow users under 13, but accounts that focus entirely on children are permitted as long as they are managed by an adult. The New York Times published an investigation on Thursday into girl influencers on the platform, reporting that the so-called mom-run accounts charge followers up to $19.99 a month for additional photos as well as chat sessions and other extras. The Times found that adult men subscribe to the accounts, including some who actively participate in forums where people discuss the girls in sexual terms.

Persons: Raúl Torrez, Instagram, influencers Organizations: New, Meta, Facebook, The New York Times, Times Locations: New Mexico

☆ 5 conclusiones de la investigación del Times sobre las influentes infantiles
▼ + stars: | 2024-02-23 | by ( Jennifer Valentino-Devries | Michael H. Keller | ) www.nytimes.com time to read: 1 min

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Organizations: The

☆ A sculpture by Jeff Koons has become the first 'authorized' artwork on the moon
▼ + stars: | 2024-02-23 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Artist Jeff Koons has been hailed for putting the first "authorized" artwork on the moon. AdvertisementA sculpture by Jeff Koons has become the first "authorized" artwork on the moon. It represents NASA's first moon mission in 50 years, and the first commercial craft to land on the lunar surface. AdvertisementEach of those spheres is decorated with a precious gemstone that marks the landing site of the corresponding lunar sculpture. Jeff Koons with one of his iconic Balloon Dog sculptures ReutersThe artwork is cautiously being named as the first "authorized" artwork on the moon.

Persons: Jeff Koons, —, Koons, David Bowie, Galileo, Helen Keller, Andy Warhol, Claes Oldenburg, John, F Organizations: Service, NASA, Machines, PBS, Wired

☆ These 3 gambling stocks are primed for strong gains ahead, according to the charts
▼ + stars: | 2024-02-23 | by ( David Keller | ) www.cnbc.com time to read: +4 min

While the major equity averages were rallying off their October 2023 lows, many gambling names did not participate in the rally. DraftKings (DKNG) DKNG certainly has the most established uptrend in the group, having sustained a fairly consistent uptrend through much of 2023. Higher highs and higher lows have marked the next 14 months, forming a classic Dow Theory uptrend. The October 2023 low was noteworthy in that the stock found support right at the August low around $26. Wynn Resorts (WYNN) WYNN has undergone a similar reversal off a December 2023 low, and also has recently broken above the crucial 200-day moving average.

Persons: DraftKings, DKNG, we've, Wynn, WYNN, LVS, David Keller Organizations: Las Vegas Sands, Wynn Resorts, Nasdaq, Dow, Vegas Sands, RSI, WYNN, CMT Locations: Las Vegas, DraftKings, Vegas

☆ A Marketplace of Girl Influencers Managed by Moms and Stalked by Men
▼ + stars: | 2024-02-22 | by ( Jennifer Valentino-Devries | Michael H. Keller | ) www.nytimes.com time to read: +1 min

“You sell pics of your underage daughter to pedophiles,” read one. “You’re such a naughty sick mom, you’re just as sick as us pedophiles,” read another. Over the years, Elissa has fielded all kinds of criticism and knows full well that some people think she is exploiting her daughter. “I think they’re all pedophiles,” she said of the many online followers obsessed with her daughter and other young girls. Elissa and her daughter inhabit the world of Instagram influencers whose accounts are managed by their parents.

Persons: Elissa’s inbox, ”, you’re, “, ” Elissa, Elissa, Instagram Locations: Elissa’s

☆ Five Takeaways From The Times’s Investigation Into Child Influencers
▼ + stars: | 2024-02-22 | by ( Jennifer Valentino-Devries | Michael H. Keller | ) www.nytimes.com time to read: 1 min

Instagram does not allow children under 13 to have accounts, but parents are allowed to run them — and many do so for daughters who aspire to be social media influencers. What often starts as a parent’s effort to jump-start a child’s modeling career, or win favors from clothing brands, can quickly descend into a dark underworld dominated by adult men, many of whom openly admit on other platforms to being sexually attracted to children, an investigation by The New York Times found.

Organizations: The New York Times

☆ This century-old 1 bathroom house took $11,000 worth of staging, attracted 25 bids, and sold for $253,000 above its asking price
▼ + stars: | 2024-02-20 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. "I grew up in Nutley," Lorraine Hurlbut , the listing agent for the home who works with Keller Williams NJ Metro Group, told Business Insider. Advertisement“We have New Yorkers, people from Hudson County that live in Jersey City and Hoboken come,” to buy homes in Nutley, Hurlbut said. With 15 bids received, the home's sale price soared by over 40% of the asking price — setting a record in Nutley, Hurlbut told NJ.com. “I don't do minimal staging,” Hurlbut told Business Insider.

Persons: —, William Lambert, Lorraine Hurlbut, Keller, It's, Hurlbut, “, Geoffrey, NJ.com, ” Hurlbut, Hurlburt, ” Organizations: Service, Business, Keller Williams NJ Metro Group Locations: Nutley , New Jersey, Nutley, Essex County, New York City, Hudson County, Jersey City, Hoboken, New York, New Jersey

☆ Here's the playbook tech companies like AllTrails, Canva, and Kayak are using to dominate the charts in OpenAI's new GPT Store.
▼ + stars: | 2024-02-20 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +9 min

Its GPT, which generates images from text prompts, is currently ranked second overall on the GPT Store. And all three companies' GPTs have been highlighted at the top of the GPT Store website as "OpenAI's Picks." Advertisement"Sometimes finding trails can be overwhelming because there are so many different places to go," Graham told Business Insider. In addition to GPT Store, companies are thinking more broadly about how AI fits into their business models. "Now we're also investing time in using AI to make our team faster and more efficient, too."

Persons: —, OpenAI, Canva, Anwar Haneef, Matthias Keller, James Graham, Sam Altman, Graham, GPTs, Sam Altman's, Keller, we're, Haneef Organizations: Service, Business, Uber, Sequoia Capital Global, Bessemer Venture Partners, Greenoaks, Booking Holdings, OpenAI, Economic, Canva Locations: Davos, Canva, ChatGPT

Because I am capable," Card said to the New York State Police officers. He appeared thinner than normal, his fellow reservists said. An earlier report by state police indicated he had threatened fellow reservists. But New York State Police said in a statement that he was never in custody. Card was driven to Keller Army Hospital for evaluation by fellow reservists, and troopers followed the private vehicle.

Persons: Robert Card, “ They’re, he’d “, “, ”, he'd, Card Organizations: —, Army, WMTW, Information, New York State Police, Maine State Police, Card, Keller Army Hospital, Police, New Locations: PORTLAND, Maine, New York, Lewiston, Saco, Bowdoin

☆ What Zyn pouches do to your brain, body, and heart
▼ + stars: | 2024-02-16 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Zyn nicotine pouches are popping up everywhere. Someone using a 3 mg Zyn pouch will absorb 1.59 mg of nicotine, or 3.51 mg from a 6 mg pouch, a spokesperson for Zyn told Business Insider in an email. Middle and high-school-aged kids are using nicotine pouchesZyn says its products are only for consumers 21 and older who already use nicotine. However, unlike nicotine replacement therapies such as gum, patches, and mints, nicotine pouches like Zyn have not yet been proven to be a safe way to quit smoking. A 2023 study published by the Centers for Disease Control and Prevention found that around 1.5% of middle and high school students reported using nicotine pouches in the last 30 days.

Persons: Tucker Carlson, Bellini, Dr, Jonathan Foulds, Brittney Keller, Hamilto, Panagis, Alok Patel Organizations: Business, Penn State University College of Medicine, New York Times, Zyn, National Institute on Drug, Centers for Disease Control, CDC, The Ohio State University College of Medicine, Johns Hopkins Medicine, Stanford Children’s Hospital, ABC

☆ Traders should be worried if they're holding this Magnificent 7 member, according to the charts
▼ + stars: | 2024-02-15 | by ( David Keller | ) www.cnbc.com time to read: +3 min

The cup-and-handle (also known as a cup-with-handle) pattern occurs when you have a rounded basing pattern after a rally phase. Then, in December 2023, both stocks retested their July peak, which formed the cup of this pattern. If this level would fail to hold, then we'll have one more Magnificent 7 stock in a confirmed bearish phase. What concerns me most about these patterns popping up is not just that it suggests caution for these two technology stocks, which I believe it does. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: MCHP, David Keller Organizations: Nvidia Corp, Tesla Inc, Apple Inc, Apple, Technology Inc, Technology, David Keller https

REGINA, Saskatchewan (AP) — Natalie Spooner opened the scoring on a power play 58 seconds into the third period and Canada won its third straight to send the Rivalry Series to a decisive seventh game, beating the United States 3-0 on Friday night. She got the puck and made stuff happen.”Photos You Should See View All 21 ImagesSoon after, Canada killed off the last of the United States' five power plays. On Wednesday night in Saskatoon, Canada won 4-2. In December, they won 3-2 in Kitchener, Ontario, and Canada outlasted the U.S. 3-2 in a shootout in Sarnia, Ontario. There was a 10-minute delay at the start of the second period because of a problem with the scoreboard system.

Persons: — Natalie Spooner, Emerance Maschmeyer, Emily Clark, Sarah Nurse, “, ” Clark, there’s, Megan Keller, Spooner, Philip Poulin, Aerin Frankel, ” Spooner, ” Maschmeyer, Frankel, Nurse, Maschmeyer, Hayley Scamurra's, John Wroblewski, ” Organizations: Canada, United, Xcel Energy Locations: REGINA, Saskatchewan, United States, St, Paul , Minnesota, Marie, Canada, U.S, Saskatoon, Tempe , Arizona, Los Angeles, Kitchener , Ontario, Sarnia , Ontario

☆ S&P 500's run to 5,000 masking some serious issues lurking beneath, according to the charts
▼ + stars: | 2024-02-08 | by ( David Keller | ) www.cnbc.com time to read: +3 min

This chart shows the percent of S & P 500 members above their 200-day moving average (second panel) as well as the percent of S & P 500 members above their 50-day moving average (bottom panel). Lack of breadth support So as the S & P 500 tests 5000 this week, how confident should we be about further upside for stocks? This would indicate that about 40% of the S & P 500 members had broken below their own 50-day moving average, in other words, a serious lack of breadth support. In each of these three instances, the S & P 500 moved even lower before eventually finding its footing and bouncing back higher. One key difference this time around is that the S & P 500 itself is moving higher.

Persons: David Keller Organizations: David Keller https

The New Mexico secretary of state's office will accept signature petitions from candidates seeking a major party nomination for Congress or the U.S. Senate. Republicans also are choosing a contender to take on U.S. Rep. Gabe Vasquez in a congressional swing seat along the U.S. border with Mexico. Former one-term U.S. Rep. Yvette Herrell hopes to reclaim the 2nd District seat she lost in the 2022 election. The district is one of about a dozen in the national spotlight as Republicans campaign to keep their slim U.S. House majority in 2024. The Republican Party unsuccessfully challenged a Democratic-drawn congressional map that reshaped the 2nd District as it divvied up a conservative, oil-producing region among three congressional districts.

Persons: Democratic U.S . Sen, Martin Heinrich, Nella Domenici, Sen, Pete V, Domenici, Heinrich, Manny Gonzales, Gonzales, Donald Trump, Tim Keller, Republican Mick Rich, Gary Johnson, Gabe Vasquez, Yvette Herrell Organizations: SANTA FE, — Republican, Mexico’s, Democratic U.S ., The New, U.S . Senate, Republican, U.S, Democratic Party, GOP, Nationwide, Senate, New, New Mexico Gov, Republicans, U.S ., Republican Party, Democratic Locations: SANTA, U.S, Mexico, The, The New Mexico, Bernalillo County, Albuquerque, New Mexico

ALBUQUERQUE, N.M. (AP) — The police chief in New Mexico’s largest city vowed Friday that the Albuquerque Police Department will “leave no stone unturned” as it moves ahead with an internal investigation into allegations of possible corruption within the Driving While Intoxicated unit. Medina shared a timeline of DWI cases dating back to 2015. Medina confirmed five officers remain on administrative leave pending Albuquerque's internal investigation. Albuquerque Mayor Tim Keller last week issued a statement saying, if true, the allegations are a disgrace and erode faith in law enforcement. The letter cites four cases in 2023 in which officers were disciplined for failing to appear at required pretrial interviews, court hearings or trial settings.

Persons: “, Harold Medina, Medina, ”, Tim Keller Organizations: Albuquerque Police, FBI, “ Systems, Public, Commission, Albuquerque Journal, Albuquerque, City Council Locations: ALBUQUERQUE, N.M, New Mexico’s

☆ Apple is losing momentum ahead of earnings, reducing chances of a breakout, according to the charts
▼ + stars: | 2024-02-01 | by ( David Keller | ) www.cnbc.com time to read: +4 min

Of the mega-cap growth stocks, Apple (AAPL) has certainly been a bit of a technical outlier in recent months. That downtrend in Q2 began with a gap below the 50-day moving average in early August and continued with a number of failed attempts to regain that 50-day moving average on the way down. Chart suggests exhaustion Over the last three months, Apple has basically bounced back and forth between retests of the July high of around $198 and the 200-day moving average. This bearish momentum divergence suggests exhaustion of upside momentum and leaves me skeptical of further upside here. Key levels to watch include the 200-day moving average around $182, as well as the January swing low around $180.

Persons: AAPL, I'm, we've, it's, David Keller Organizations: Apple, Nvidia, Meta, David Keller https

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