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Tuesday’s legislative elections in Virginia will provide key tests for both parties’ messaging ahead of 2024, as well as the state’s GOP governor. “I think they’re the most important elections in America because these issues that are so important to Virginians are also the ones that are going to be so important to Americans next year,” Virginia GOP Gov. The battles for the state House of Delegates, which Republicans control, and the state Senate, which Democrats control, could come down to a handful of districts. And they’ll test Youngkin’s own political power as he’s brushed off questions about his presidential ambitions. Ambassador Nikki Haley’s paid private speeches, noting that she did not keep records of what she said to the groups.

Persons: “, Glenn Youngkin, ABC’s, NBC’s Gary Grumbach, Katherine Koretski, Sen, Siobhan Dunnavant, Democrat Schuyler Van, Youngkin, Joe Biden, Kamala Harris, NBC’s Gabe Gutierrez, Julia Jester, Megan Lebowitz, ’, Biden, Alex Seitz, Wald, Ron DeSantis, ”, NBC’s Matt Dixon, Jonathan Allen, Ali Vitali, Nikki Haley’s, Peter Nicholas, Carol E, Lee, South Carolina Sen, Tim Scott’s, Robert F, Kennedy, Jr, Brandy Zadrozny, He’s, Peter Meijer, who’s, Brandon Presley, Tate Reeves Organizations: GOP, Virginians, ”, ” Virginia GOP Gov, Delegates, District, Democrat, NBC News, Democratic, Biden, Israel, Hamas, Democrats, Republican National Committee, New York Times, Florida Republican Party, Florida GOP Gov, Florida GOP, South, Public Service, GOP Gov Locations: Virginia, America, ” Virginia, Democrat Schuyler Van Valkenburg, Youngkin, Michigan, Florida, South Carolina, Black, Michigan’s, Mississippi

☆ The Dow is nearing the dreaded 'death cross.' What investors should know
▼ + stars: | 2023-11-01 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

If the two cross over, it would form the dreaded "death cross," which can indicate that momentum is weakening or sentiment is souring — and more downside could be on the horizon. It would be the first death cross for the average since late 2022. 'Something bad could happen' The threat of a death cross also underscores challenges specific to the Dow this year. Oppenheimer managing director Ari Wald advised investors to stay away from indexes near or at the death cross like the Dow or the Russell 2000 . Ultimately, technical analysts argue the death cross is both an important yet flawed measure.

Persons: Todd Walsh, Jeff deGraaf, That's, deGraaf, John Kolovos, Dow, Kolovos, Alpha Cubed's Walsh, Oppenheimer, Ari Wald, Russell Organizations: Dow Jones, Dow, Alpha Cubed Investments, Macro, Nasdaq, Federal Reserve

☆ CNBC Daily Open: Markets’ bounce may be short-lived
▼ + stars: | 2023-10-31 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +4 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. But Goldman Sachs' chief equity strategist thinks such negative sentiment gives rise to a "buying opportunity," especially for a certain type of stock that boasts a healthy balance sheet . But not for Tesla Tesla shares sank nearly 5% after Panasonic said it was reducing production of electric batteries because of flagging demand for Tesla's vehicles. The spread in opinions may make the picture ahead murky, but, ironically, it does make one thing clear: markets are increasingly volatile.

Persons: Goldman Sachs, Joe Biden, Tesla, Elon Musk, Europe's, Fundstrat's Tom Lee, Lee, Hogan, Ari Wald, Oppenheimer, Wald, Morgan Stanley, Mike Wilson, Wilson —, — Organizations: New York Stock Exchange, CNBC, Consumers, U.S, Panasonic, Dow, Industrial, Dow Jones Industrial, Nasdaq, Technology, Amazon, Microsoft, Meta, Riley, Federal Reserve, Lower Treasury Locations: New York City, Lower

☆ Bitcoin just formed a bullish ‘golden cross’ signal. What it means after the cryptocurrency's recent rally
▼ + stars: | 2023-10-31 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

The bitcoin price chart just flashed a bullish signal that typically heralds a big rally is on the horizon. On Monday, the cryptocurrency formed a "golden cross," a pattern that's drawn when the 50-day moving average crosses through, and above, an ascending 200-day moving average. "Every big price move starts with a positive cross, but not every positive cross leads to a big move," he told CNBC. However, the last "golden cross" with an ascending 200-day moving average took place Feb. 11, according to Coin Metrics. The slope of the 200-day moving average should continue to point higher as long as the breakout above the second-quarter peaks hold, Wald said.

Persons: Rob Ginsberg, Bitcoin, cryptocurrency, Ari Wald, Oppenheimer, Jerome Powell's, bitcoin, Wald, —, Nick Wells Organizations: Traders, Wolfe Research, CNBC, Metrics, Investors

☆ Technical Support: MPC, APTV & CME
▼ + stars: | 2023-10-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTechnical Support: MPC, APTV & CMEAri Wald, Oppenheimer, joins 'Power Lunch' to discuss the technical support for Marathon, Aptiv and CME Group.

Persons: Ari Wald, Oppenheimer Organizations: APTV, Marathon, Aptiv, CME Group

☆ What’s next for the S&P 500 after the key break of 4,200, according to chart analysts
▼ + stars: | 2023-10-26 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

The S & P 500 closed at its lowest level in five months on Wednesday, a move that could signal further weakness lies ahead. Instead, he would see it as a renewal of the bear market. The S & P 500 also closed back below its 200-day moving average on Wednesday. His question now is if the market once again goes into a true bear market. A true move below could also push him to pull back his year-end forecast for the S & P 500, which is currently at 4,600 points.

Persons: John Kolovos, he's, Kolovos, Oppenheimer, Ari Wald, Seasonality, Wald, Will Organizations: Advisors Locations: U.S, Israel

☆ Bitcoin just broke above a key resistance level. Here's what chart analysts say happens next
▼ + stars: | 2023-10-24 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

At last, bitcoin has broken out of a tight trading range, potentially heralding greater highs from here. Investors should expect higher lows and higher highs in the bitcoin price over the next few months, chart analysts say. Wald said he's eyeing the 200-day moving average of $28,000 as a potential new support level while bitcoin runs into key retracement levels of its 2021-22 decline. Many chart analysts considered the previous support level to be about $25,000. For Julius de Kempenaer, senior technical analyst at StockCharts.com, bitcoin's former resistance level of roughly $31,000 could now become support, with the next resistance level ranging as high as $47,000 to $48,000.

Persons: bitcoin, Bitcoin, Ari Wald, Oppenheimer, it's, " Wald, he's, Jonathan Krinsky, Julius de Kempenaer, de Kempenaer, Michael Bloom Organizations: CNBC

☆ The analysts who study price charts for a living don’t like this stock market
▼ + stars: | 2023-10-17 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

The stock market is showing signs of shaking off its late summer slump, paving the way for a potential year-end rally. The S & P 500 is up more than 3% since Oct. 3 and has risen comfortably above its 200-day moving average near 4,200. And other indexes that try to better represent the entire market than the S & P 500 are showing weakness, according to a Monday note from Strategas strategist Chris Verrone. "These have been very messy charts, but both the equal-weight S & P and the Russell 2000 are again back to negative standing in our proprietary trend model," Verrone said. "The S & P 500 continues to track its seasonal tendency as well.

Persons: JC O'Hara, Roth MKM, Jonathan Krinsky, Chris Verrone, Russell, Verrone, Verrone's, Jason Trennert, Frank Gretz, Wellington Shields, Gretz, Oppenheimer, Ari Wald, " Wald, — CNBC's Michael Bloom Organizations: Wall, Nasdaq, Wellington, CNBC Locations: U.S, uptrends

☆ The technical trade: Coterra Energy, CME Group, & Zscaler
▼ + stars: | 2023-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe technical trade: Coterra Energy, CME Group, & ZscalerAri Wald, managing director and head of technical analysis at Oppenheimer, joins 'Power Lunch' to discuss the technical support for Coterra Energy, CME Group, and Zscaler.

Persons: Zscaler Ari Wald, Oppenheimer Organizations: Coterra Energy, CME Group

☆ Craft beer, marriages and air travel: The collateral damage of a government shutdown
▼ + stars: | 2023-09-29 | by ( Alex Seitz-Wald | ) www.cnbc.com time to read: +14 min

Staff, meanwhile, have been forced to put their real jobs on hold to prepare for the looming shutdown. National parksThe National Park Service plans to close its parks and furlough park rangers if the government shuts down on Sunday. During the 2018-2019 shutdown, the parks themselves remained accessible, but without most services. Some presidential libraries would remain open as long as they have sufficient funds, but others would close and research services would be reduced. A shutdown would result in a "data blackout" of critical economic statistics that influence markets and businesses around the globe.

Persons: Donald Trump, that's, Biden, Joshua, Armando L, Sanchez, Pete Buttigieg, they're, White, Treasury Department furloughed, shutdowns Organizations: Yosemite, Fresno Bee, Tribune, Service, Getty, White House Council, Economic Advisers, Management, Staff, National Park Service, Park Service, Department of Interior, NBC, Congressional Research Service, National Zoo, U.S . Holocaust, Museum, National, Science, National Science Foundation, National Institutes of Health, Centers for Disease Control, Prevention, FBI Agents Association, FBI, Air, Transportation Security, LaGuardia, TSA, O'Hare International, State Department, Consular, Education Department, AmeriCorps, Agriculture Department, Assistance, Women, Small Business Administration, Federal Housing Administration, Social, Consumer, Food and Drug Administration, Consumer Product Safety, Environmental Protection Agency, Occupational Safety, Health Administration, Labor, —, Social Security, Medicare, Treasury Department, Foreign Assets Control, Russia Locations: El Capitan, Yosemite Valley, Washington, Civil, U.S, Europe, Southeast Asia, New Mexico, shutdowns, New York, Chicago, Russia, Iran, Ukraine

☆ The Mother of ‘Eclectic’ Interior Design
▼ + stars: | 2023-09-24 | by ( Jessica Testa | ) www.nytimes.com time to read: +2 min

Although Ms. Wearstler has been recognized for her decorating style, it can be hard to define. The word “eclectic” is often applied to Ms. Wearstler’s work; “that one drives me crazy,” she said. The Proper hotel in Downtown Los Angeles — a neighborhood that has struggled as the city’s homelessness crisis has accelerated — is a place to eat Iberian-inspired food on Mexican-made furniture. In suites like that, about half of the décor is vintage and half is new, a combination that is essential to Ms. Wearstler. It’s how I design.”Heart and SoulMs. Wearstler uses the word “soul” often.

Persons: Wald, —, Kelly, ”, Wearstler, Gwen Stefani, Bergdorf Goodman, Wearstler’s, “ Organizations: Santa, Hollywood Locations: Texas, Santa Monica, Downtown Los Angeles, Downtown

☆ August once again lives up to its dismal reputation for stocks
▼ + stars: | 2023-08-24 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

The S&P 500 is down more than 3% this month, on pace to snap a five-month winning streak. Go back 20 years and the performance gets worse: The S&P 500 has averaged a monthly 0.1% loss in that time. The S&P 500 has averaged a 0.5% loss in September over the past 20 years. Over the past 10 years, the S&P 500 has fallen an average of 1% each September. "For S&P 500 levels, we see 4,400 as the start of support (50-day average) that extends down to 4,200 (Feb.

Persons: Brendan McDermid, Wall, —, Oppenheimer, Ari Wald, China's, Ed Yardeni, we're Organizations: New York Stock Exchange, Reuters, Nasdaq, Dow Jones, Federal Reserve, CNBC, Wall, Garden Holdings, Hang, Yardeni Research Locations: China, U.S, Hong Kong

☆ The August sell-off has the market testing some key levels. Here's a breakdown
▼ + stars: | 2023-08-21 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

The August sell-off has stocks testing some key technical levels, spurring investors to watch where equities will go next. Now, investors are watching to see where the S & P 500 goes next. .SPX 1Y mountain S & P 500 1-year The strategist said this threshold is a key support as it's a convergence of several trends in the market. The S & P 500 fell to roughly 3,800 in March before resuming its march upward. A combination of technical factors imply that the S & P may test the 4,200 level but might not break significantly below that."

Persons: Sam Stovall, Stovall, BTIG's Jonathan Krinsky, Krinsky, Oppenheimer's Ari Wald, Wald, Michael Bloom Organizations: Dow Jones Industrial, Nasdaq Locations: China

☆ Bitcoin fell through a key level and is giving a bearish signal. Here’s what chart analysts say happens next
▼ + stars: | 2023-08-18 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Bitcoin tumbled to finish the week after many weeks of stillness in the market, and chart analysts say it's possible this could be just the beginning. Bitcoin also broke its 200-day moving average of $27,300, which could signal an impending downtrend. A range emerges between $25,000 and $30,000 Bitcoin has been here before. The $25,000 level was a key resistance threshold from last summer through March of this year after bitcoin briefly touched $30,000 in its banking crisis-fueled rally. Fairlead Strategies' Katie Stockton puts the next downside target a little higher at $25,200, with a secondary target level of $20,600.

Persons: Bitcoin, Wolfe, Rob Ginsberg, bitcoin, Julius de Kempenaer, de Kempenaer, Ari Wald, Oppenheimer, Katie Stockton, Stockton Organizations: Elon, SpaceX, CNBC, BlackRock, BTC

☆ There is still runway for the energy sector breakout, says Oppenheimer's Ari Wald
▼ + stars: | 2023-08-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is still runway for the energy sector breakout, says Oppenheimer's Ari WaldAri Wald, managing director and head of technical analysis at Oppenheimer, joins 'The Exchange' to discuss the breakout in the energy sector, tips for locating what stocks are driving the structural shift in the market, and the case for Marathon Petroleum.

Persons: Oppenheimer's Ari Wald Ari Wald, Oppenheimer Organizations: Marathon Petroleum

☆ Stock market setting up for a textbook seasonal correction, chart analysts say
▼ + stars: | 2023-08-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Last week's hiccup in the stock market rally could expand into a seasonal slump, according to Wall Street technical analysts. The S & P 500 fell 2.27% last week for its worst week since March, closing at 4,478.03. Oppenheimer technical analyst Ari Wald said in a note to clients dated Saturday that the market is "developing as a textbook seasonal correction." The S & P 500 is still up more than 16% year to date even after last week's decline. In fact, a 5% pullback from Tuesday's close in the S & P would take you just shy of the August '22 highs," Ginsberg said.

Persons: Oppenheimer, Ari Wald, Wald, Wolfe, Rob Ginsberg, Ginsberg, Jonathan Krinsky, SPX, BTIG's Krinsky, — CNBC's Michael Bloom Organizations: Street, Nasdaq, Investment, Twitter, Wolfe Research

☆ Three-Stock Lunch: BX, CRWD & APTV
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: BX, CRWD & APTVAri Wald, Oppenheimer managing director, joins 'Power Lunch' to discuss three stocks: Blackstone, Crowdstrike and Aptiv.

Persons: APTV Ari Wald, Oppenheimer

☆ The biggest threat to a major pullback in stocks is a hard landing for the economy
▼ + stars: | 2023-06-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The S & P 500 is up 15% this year. History shows just the opposite happening: In years when the S & P 500 has a particularly strong first half, it tends to close strong as well. Here's an example: The S & P 500 has been up 15% or more in the first half of the year 10 times since 1980. The S & P 500 is where most of the money is Regardless: the simple fact is the vast majority of the investing public is invested in the stocks in the S & P 500, and particularly the S & P 100. A slightly different measure of a market advance: 61% of the S & P 500 are above their 200-day moving average.

Persons: You've, Ari Wald, Oppenheimer, what's, Christian Kopf Organizations: Tech, Nasdaq, Financial Times, Union Investment

☆ The S&P 500 broke out to a 13-month high and is flashing a 'rare signal.' Here's what analysts are saying
▼ + stars: | 2023-06-13 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The S & P 500 is flashing a "rare signal" that suggests the market rally has some legs, Bank of America says. He noted it's only the 25th time that the broader index notched a new 52-week high after a long pause of 300 or more calendar days between 52-week highs. "And what it does suggest is that the S & P should have stronger-than-average returns going out from 10 days to a year, and even two years later." Of the previous 24 signals, the S & P 500 notched a double-digit gain 16 times. For example, while the S & P 500 has notched a new 52-week high, only a small percentage of the index has managed the same milestone, which suggests narrow leadership.

Persons: Stephen Suttmeier, Suttmeier, it's, Oppenheimer's Ari Wald, Wald, BTIG's Jonathan Krinsky Organizations: Bank of America Locations: United Kingdom

☆ Nvidia shares are on a tear this year. Why Wall Street is bracing for a near-term pullback
▼ + stars: | 2023-05-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Nvidia shares are on a tear this year as the chipmaker asserts it dominance and cements itself as the one to beat in the AI arms race. NVDA YTD mountain Nvidia shares in 2023 Wall Street analysts and investors remain confident in the long-term trajectory of the stock, but say its latest jaw-dropping surge sets Nvidia up for a short-term pullback. Overbought conditions and a short-term pullback Despite Nvidia's jaw-dropping print, most near-term momentum indicators show the stock is overbought. Even so, Wald suggests investors consider buying on any pullback and using market dips to sell relatively weaker positions and buy Nvidia. Consolidation in megacaps Nvidia isn't the only big technology giant Wall Street's cooling on at least in the near-term.

Persons: Paul Meeks, Ari Wald, Oppenheimer, Wald, Janney Montgomery Scott, Dan Wantrobski, Katie Stockton, tailwinds, Price, Microsoft's, Meeks, Michael Bloom Organizations: Nvidia, Independent Solutions Wealth Management, Street, Amazon, Microsoft, Apple Locations: Tuesday's

☆ 3-Stock Lunch: GOOGL, DD & SCHW
▼ + stars: | 2023-05-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: GOOGL, DD & SCHWAri Wald, Oppenheimer managing director, joins ‘Power Lunch’ to discuss three stocks: Alphabet, Dupont De Nemours and Charles Schwab.

☆ A rare buying signal was triggered in bank stocks that's typically led to monster returns
▼ + stars: | 2023-05-08 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Bank stocks could be due for a rally, if history repeats itself. The SPDR S & P Regional Banking ETF (KRE) , which is focused on regional banks, climbed 6.3% on Friday. Meanwhile, the Financial Select Sector SPDR Fund (XLF) , a fund that tracks financial stocks more broadly, advanced 2.5%. The KRE was down more than 1% on Monday as regional bank stocks were once again under pressure. Notably, closely watched PacWest was able to avoid the regional bank downturn, adding 10% on Monday after surging almost 82% Friday.

While the Dow Jones Industrial Average 's year-to-date move into the red on Thursday may signal more choppy, range-bound trading ahead, technical analysts say they don't think it's an omen for new multi-year lows. Chart experts say the closely followed blue-chip Dow Jones average could test long-term moving averages. .DJI YTD mountain The Dow Failing to hold above its 200-day moving average of 32,707 could mean more downside ahead for the 30-stock average, said JC O'Hara, chief technical strategist at Roth MKM. "On average the stocks have an aggregated [earnings] surprise of nearly +10%, but the stocks are not being rewarded," O'Hara said of earnings season for Dow stocks thus far. Now, the Dow is the only one of the three in the red on the year as investors favor growth stocks over value.

☆ How to trade three stocks moving higher today: GM, NCLH, and ON
▼ + stars: | 2023-05-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to trade three stocks moving higher today: GM, NCLH, and ONAri Wald, managing director at Oppenheimer, joins 'Power Lunch' to discuss three stocks making upward moves in today's market.

CNN —Harry Belafonte, the dashing singer, actor and activist who became an indispensable supporter of the civil rights movement, has died, his publicist Ken Sunshine told CNN. Bettmann Archive/Getty Images Belafonte, left, plays a school principal in a scene from the film "See How They Run" in 1952. Bettmann Archive/Getty Images Belafonte poses with the Emmy Award he won in 1960 for the musical special "Tonight With Belafonte." Fred Sabine/NBCU/Getty Images Belafonte and other recipients of Albert Einstein Commemorative Awards display their medallions after being honored in 1972. He is survived by his wife Pamela, his children Adrienne Belafonte Biesemeyer, Shari Belafonte, Gina Belafonte, David Belafonte, two stepchildren Sarah Frank and Lindsey Frank and eight grandchildren.

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