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They’re going to take away your guns, you saw that, they’re going to take away your guns. And at the end it was, “Thank you, thank you, thank, thank, thank, thank, thank, thank.” I said, “What the hell’s… What’s wrong with her?” I say, “Thank you.” And you wait a couple of seconds. “Thank you, thank, thank, thank, thank.” There’s something wrong with her, okay? She was all talk, I’m going to do this and I’m going to do that, and then I’m going to cut tax and then I’m going to give you 25,000 per house and then I’m going to go, over and over. When Biden was president — going to give up the whole thing to Russia, it looks like.
Persons: I’m, Kamala Harris, Rasmussen, We’re, Kamala, Sleepy Joe Biden, , , can’t, Country’s, Harris, we’ve, you’re, You’re, “ Donald Trump, Donald Trump, – Joe Biden, didn’t, Sleepy Joe, ” “ I’m, Joe, That’s, Trump, What’s, Kamala …, she’s, Bernie Sanders, Nancy Pelosi, She’s, let’s, Kamala Harris …, I’ve, David Muir, David Muir barged, Sir, President Trump, FBI …, don’t, , There’s, Donald J, You’ve, we’ll, – Mr, You’ll, Where’s Harris, would’ve, Jimmy Carter, Xi, Del Cueto, Biden, They’ve, “ They’re, ” They’re, They’re, it’s, it’ll, Let’s, Forbes, Michael, Jacky Rosen, Crooked Joe Biden, Joe Biden’s, Jacky, Sam Brown, Nobody’s, He’s, Joe Lombardo, Joe’s, that’s, It’s, they’re, Tampon Tim, tampons –, Governor Lombardo, we’re, Ding, haven’t, Russia would’ve, Bush, Barack Hussein Obama, , Russia’s, Korea’s, Muhammad Ali, Muhammad, Henry, “ I’ll Organizations: Philadelphia TV, gaslight, JD, FBI, Department of Justice, of Justice Statistics, Communist, Border, Marxist, Street, The New York Times, New York Times, Washington, White, ICE, DHS, Forbes, United Auto Workers, Biden, Unions, Keystone XL, United States, Paris Climate, Nevada Climate Accord, Police, California, ABC Fake, Trump Reciprocal Trade, Green New, Washington D.C, We’re, America, Make Locations: Las Vegas, Aurora , Colorado, Springfield , Ohio, Colorado, Iowa, Pennsylvania, United States, McDonald’s, – Pennsylvania, , America, Idaho . Idaho, Haiti, Chile, Colombia, New York, Chicago, Florida, Middle America, Aurora, Virginia, Tennessee, Honduras, So Nevada, Nevada, American, You’ve, Texas, Western Nevada, Mexico, China, Paris, Russia, Saudi Arabia, California, Nevada , Wisconsin , Pennsylvania, Michigan, Washington, Manhattan, Ukraine, Israel, Italian, Venezuela
Hers is the most unconventional of success stories, but Jackie Shane wouldn’t have had it any other way. The memorial is especially significant for its setting in the capital of Tennessee, where trans rights have recently been targeted. A gifted young Nashville soul singer who saw too few opportunities for herself as a Black trans performer in the Jim Crow South of the late 1950s, Shane joined a traveling carnival. Jefferson Street in North Nashville on March 19. Flash forward to the 2010s, when a series of Canadian music connoisseurs rediscovered Shane and resurrected her career in absentia.
Persons: Jackie Shane wouldn’t, , Sarah Calise, Crys Matthews, Nashville Mayor Freddie O’Connell, Olivia Hill, ” Calise, Jackie Shane, Jim Crow, Shane, Seth Herald, William Bell’s “, “ Jackie, Lorenzo Washington, , ” Shane, Jackie Shane Story, Michael Mabbott, Lucah Rosenberg, Lee, Elliot Page, ” Mabbott, could’ve, Mabbott, Jeff Goode, Jackie, Jason Kempin, , Museum Services Michael Gray, Washington, ’ ” Organizations: Nashville, Historical Commission, Nashville Mayor, NBC News, Getty, Jefferson Street Sound Museum, North Nashville . Washington, Toronto, Toronto Star, North Star, PageBoy Productions, Country Music Hall of Fame, Music Hall of Fame, Music, Museum Services, NBC Locations: Tennessee, city’s, Jefferson, North Nashville, Nashville, Black, AFP, Canada, Toronto, Los Angeles, North Nashville .
Chart of the Day: Nike
  + stars: | 2024-09-20 | 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 EmailChart of the Day: NikeThe Investment committee debate how to trade Nike after the CEO's departure.
Organizations: Nike The Investment, Nike
Cramer's Lighting Round: Dominion Energy is a buy
  + stars: | 2024-09-20 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Dominion Energy's year-to-date stock performance. Dominion Energy : "I think Dominion Energy is a buy...We need cheap power." Stock Chart Icon Stock chart icon Dutch Bros' year-to-date stock performance. Dutch Bros : "I like Dutch Bros, I'm glad that they slowed their expansion..."Stock Chart Icon Stock chart icon Super Micro Computer's year-to-date stock performance. Stock Chart Icon Stock chart icon LyondellBasell's year-to-date stock performance.
Persons: It's Organizations: Dominion, Dominion Energy, Dutch Bros
It also means lots of talk from the experts about "normalizing the yield curve" in the bond market — meaning getting back to a setup where bonds with longer maturities yield higher rates than those with shorter-term maturities. That's referred to as "yield curve inversion," which has historically signaled an upcoming recession. Currently, however, the yield curve looks more like a check mark than a gradually rising hill. An inverted Treasury yield curve messes with that dynamic. Everyone, from private citizens to multinational corporations benefits from a normalized yield curve because normal means less uncertainty, which means more predictability.
Persons: Jerome Powell, shouldn't, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, William McChesney Martin Jr, Anna Moneymaker Organizations: Federal Reserve, Fed, Treasury, CNBC, Federal, Getty Locations: U.S, Washington , DC
By 2017, he decided he had to pivot and elected to give stock trading a try. "You're going to panic-sell at the lows; you're going to panic-buy at the highs. You're going to trade when the stock is zigging and zagging and get chopped up. Related storiesOn a chart, it can often look like a wide space between two candles after the stock's price opens significantly higher than where it was in premarket hours. AdvertisementOn January 19, during pre-market hours, the stock's price spiked, causing a gap up on the opening.
Persons: Christian Flanders, Flanders, Norman Zadeh, it's Organizations: Service, Business, US, IT Solutions Locations: Flanders, he's
We've put together everything you need to know about how to buy Indiana Fever vs. Connecticut Sun tickets for both confirmed and contingent games. Indiana Fever vs. Connecticut Sun scheduleThe Indiana Fever vs. Connecticut Sun Round 1 Playoffs schedule begins on September 22 in Connecticut. How to buy Indiana Fever vs. Connecticut Sun ticketsConnecticut Sun tickets for the first two games went on sale last week, and Indiana Fever tickets for the potential third game go on pre-sale today. How much are Indiana Fever vs. Connecticut Sun tickets? Tickets for the Indiana Fever vs. Connecticut Sun match-up vary depending on the date and location.
Persons: We've Organizations: Business, Indiana Fever, Connecticut Sun, Mohegan Sun Arena, Gainbridge Fieldhouse, Ticketmaster, Indiana Fever's Locations: Connecticut, Gainbridge, Indianapolis , Indiana, Indiana, Uncasville, Indianapolis
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But the tables are finally starting to turn as mortgage rates slide and inventory rises across US cities. Mortgage rates have fallen to the lowest levels since February 2023 as markets have priced in the Federal Reserve's long-awaited interest rate cuts, which finally arrived on Wednesday. pic.twitter.com/aAQvC80WPY — James Faris (@JamesFaris_) September 18, 2024Rising inventory is a big win for buyersHome inventory is also heading in the right direction. 20 cities where homes are much easier to findIn her note, Scibetta listed 20 major US cities where home inventory rose meaningfully from July 2023 to July 2024.
Persons: , aAQvC80WPY — James Faris, Mackenzie, Zoocasa, Scibetta, Kendall Bonner, Sellers, Bonner, " Bonner Organizations: Service, Business, National Association of Realtors, eXp, NAR
Cramer's Lightning Round: Viking is a buy
  + stars: | 2024-09-19 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Viking's year-to-date stock performance. Viking : "You want to buy Viking...This is a really fine company, and it will do well for multiple years because they have many ships coming in." Stock Chart Icon Stock chart icon Gentex's year-to-date stock performance. Stock Chart Icon Stock chart icon Cadre Holdings' year-to-date stock performance. Stock Chart Icon Stock chart icon Celsius' year-to-date stock performance.
Organizations: Holdings, Cadre Holdings
The foundation of Dow's work was based on the analysis of price trends, comparing swing highs and swing lows to define and track the trends over time. An initial look at the chart of Microsoft (MSFT) may suggest a consistent uptrend of higher highs and higher lows. And while this short-term uptrend is a valid observation, this also means Microsoft may be forming the dreaded "bear flag" pattern, which often precedes a major downdraft. A bear flag pattern occurs when you have an initial downtrend, in this case, the drop from $470 to $385 from early July to early August of this year. If MSFT would drop below $410 in the coming weeks, that would complete the bear flag pattern, and would also push the price back below the 200-day moving average.
Persons: Charles Dow, Downside, David Keller Organizations: Microsoft, MSFT, CMT, CNBC, NBC UNIVERSAL
He just missed making the top 10 again when the 1981 single “Her Town Too” — a duet with James Taylor — peaked at No. I had an agent, but I don’t know that I really read for any of those roles. In a 2018 interview with the Chicago Tribune, Souther said that he was still friendly with most of his superstar collaborators. I don’t really want to be stopped when I’m in the grocery store and have somebody pay a bunch of attention to me. Donations in JD’s honor can be made to Best Friends Animal Society, an organization that was very important to him.
Persons: JD Souther, , Souther, Karla Bonoff, ” “ James Dean, ” “ Doolin, Don Henley, Souther’s, Roy Orbison, James Taylor —, Linda Ronstadt, George Strait, Bonnie Raitt, , ’ ” Souther, , Glenn Frey, , JD didn’t, ” Souther, Steven Spielberg, Ed Zwick, , Mike Nichols, Ed, Longbranch, David Geffen’s, John David Souther, Chris Hillman, Richie Furay, Buck Owens, Merle Haggard, Waylon Jennings, Clark, Poco, Linda, won’t, Jackson Browne, Glenn, Waddy, Danny Kortchmar, Taylor, Warren Zevon, Don, Jackson, Zevon, Linda —, Sill, doesn’t, Rose, Dawn, Ronstadt, I’m, Browne, “ Don, David Geffen, ’ I’ve, Frey, Henley, … It’s, you’re, Souther —, Nashville —, “ Glenn Frey, “ She’s, Linda Ronstadt’s, Stevie Nicks, Judee Sill, “ Faulkner, I’ve Organizations: Eagles, PR, , Dixie, Creative Independent, Nashville ”, Songwriters Hall of Fame, David Geffen’s Asylum, British Museum, Souther, Hillman, CSN, Byrds, Dillard, Brothers, Asylum, Hollywood, Chicago Tribune, Jackson, Troubadour, Kia, Facebook, Animal Society Locations: New Mexico, Southern California, Town, , L.A, , , Orange County, Detroit, Henley’s, Texas, I’m, Linda’s, Arizona, New York, Boston, Mars, Columbia, New England, Japan, Wellington , Texas, Nashville, San Francisco, California, Arizona Republic, Europe
Lawrence co-wrote “When I Was Your Man” with Mars, Ari Levine, and Andrew Wyatt. Mars is not named as a plaintiff in the suit, and a representative for the singer did not immediately respond to a request for comment from NBC News. More than two dozen other companies accused of distributing the song were also named in the lawsuit. A representative for Cyrus did not immediately respond to a request for comment from NBC News. “It is undeniable based on the combination and number of similarities between the two recordings that ‘Flowers’ would not exist without ‘When I Was Your Man,’” the lawsuit said.
Persons: Miley Cyrus, , ” Cyrus, Bruno Mars, Philip Lawrence, , Lawrence, Ari Levine, Andrew Wyatt, Mars, Cyrus, Bruno Mars ’, Miley Cyrus ’, , Cyrus ’, ” Tempo, “ Flowers ” Organizations: Central, Central District of, Investments, NBC News, NBC, Tempo Music Investments Locations: U.S, Central District, Central District of California
Cramer's Lightning Round: PG&E is a buy
  + stars: | 2024-09-18 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Iron Mountain's year-to-date stock performance. Stock Chart Icon Stock chart icon Wells Fargo's year-to-date stock performance. Wells Fargo : "Wells Fargo's a winner, though...I think it's going to go higher." Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon PG&E's year-to-date stock performance.
Persons: It's, let's, Wells Locations: Wells Fargo
(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Traders and investors are debating if the Federal Reserve will cut 25 basis points or 50 basis points when the decision comes at 2pm eastern time. "25 or 50 (basis points), we see a credible case for either. "The Fed is likely to adjust policy by 200 to 250 basis points over the coming year. Garewal also said this rate cut was part of a "normalization" cycle and shared research that yields on the 2-year fall 65 basis points on average after a first Fed cut.
Persons: Jerome Powell, Mark Smith, Wells, stagflation, Smith, Craig Johnson, Piper Sandler, Russell, Johnson, Goldman Sachs, Garewal, Piper Sandler's Johnson, Huntington, Kevin Murphy Organizations: PRO, Worldwide, Traders, Federal Reserve, Advisors, Worldwide Exchange, Blackstone, Mastercard, Visa, Ameris Bancorp, Fed, Ferguson Enterprises
Gold is already near the top of the 2024 range of outcomes projected by BlackRock Investment Institute, for example. Emerging market central banks have about 6% of their FX reserves in gold, and developed markets have about 12%. "Weaponizing dollar-based systems, including SWIFT , has led to more people, more countries specifically — more sovereign wealth funds and central banks — not trusting dollar-based assets as much. ETF flows As central banks have been bidding up gold, smaller investors were selling for much of this year. The VanEck Merk Gold ETF (OUNZ) and the Abrdn Physical Gold Shares ETF (SGOL) are the other funds with at least $100 million in net inflows this year, according to FactSet.
Persons: there's, Robert Minter, Minter, SWIFT, Lauren Goodwin, we're, Chris Verrone Organizations: Federal, Nasdaq, BlackRock Investment Institute, Abrdn, World Gold Council, U.S ., FX, United, Russia, New York Life Investments, MiniShares, Federal Reserve Locations: U.S, Abrdn . Central, Central, United States, Ukraine
Mortgage rates have dropped substantially in recent weeks, with 30-year rates now almost 40 basis points down from where they started the month. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates have gone down this week and are now hovering below 5.60%, according to Zillow data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. Because markets are already anticipating that the Fed will lower rates, mortgage rates might not drop much in response to a Fed rate cut.
Persons: it's, refinance, you'll, Freddie Mac Organizations: Federal Reserve, Zillow, Fed Locations: Chevron
Google-parent Alphabet has long been an investor favorite among tech stocks, but one portfolio manager says he's now steering clear. Shares in Alphabet are up around 13% year-to-date and trade around 20.6 times forward earnings, according to FactSet data. 'Core investments' Beyond Alphabet, Cvetanovski remains bullish on other tech stocks, naming Nvidia , Vertiv , ASML , Taiwan Semiconductor Manufacturing Co and Schneider Electric as his "core investments." Nvidia is trading at over 41 times forward earnings, according to FactSet data. Analysts' average price target is $149.49, giving it 28% potential upside, FactSet data shows.
Persons: he's, We've, SearchGPT, Jordan, OpenAI, Cvetanovski, we've, — CNBC's Jennifer Elias Organizations: Google, Microsoft, Pella Funds, Apple, Nvidia, Taiwan Semiconductor Manufacturing Co, Schneider Electric Locations: Sydney, Pella, Cvetanovski, ASML
How to play the Fed decision using options on gold
  + stars: | 2024-09-18 | by ( Tony Zhang | ) www.cnbc.com   time to read: +3 min
Gold is trading at all-time highs due to a combination of inflation concerns, geopolitical risks, and expectations around monetary policy. Historically, gold tends to benefit from dovish monetary policies, especially when they signal prolonged low interest rates, which reduce the opportunity cost of holding non-yielding assets like gold. Gold has maintained its bullish momentum, trading near $2,600, and appears to be breaking into new all-time highs. Looking at the chart, gold has consistently made higher highs and higher lows, a sign of strong upward momentum. The trade To express a bullish to neutral view on gold going into the Fed announcement, consider selling a SPDR Gold Shares (GLD) Nov 1 $237.5/232.5 Put Vertical @ $2.02 Credit.
Persons: GLD Organizations: CNBC, NBC UNIVERSAL Locations: Central
Traders instantly react to the data (sometimes wildly so), especially when the actual numbers are distinctly different than estimates. Thus, historically, XLU has been correlated with the direction of treasury bonds (which move in the opposite direction of bond yields). Here's a chart with XLU and the TLT 20+ Year Treasury Bond ETF, which we're using since it's the most widely traded treasury bond ETF. From 2022 through 2023, XLU and TLT moved in the same direction more often than not. Another reason is simply that investors are aggressively seeking yield producing instruments, with the understanding that bond yields were destined to fall.
Persons: XLU, That's, TLT, We're Organizations: Federal Reserve, PPI, Utilities, Treasury Bond ETF, Bollinger, CNBC, NBC UNIVERSAL Locations: XLU
Like the overall market, Microsoft has been running higher of late as odds increasingly favor a 50-basis-point Fed cut. With so much hope on Wall Street, if the Fed were to go with a smaller 25-basis-point move, the market could get hit and pressure Microsoft stock. The Club has a $500 per share price target on Microsoft stock. That's our fundamental case, which aligns with technical analysis of Microsoft's one-year stock chart pattern. A laptop computer with Microsoft Copilot+ installed is on display at the Best Buy store on June 18, 2024 in Miami, Florida.
Persons: Amy Hood, we've, Jim Cramer's, Jim Cramer, Jim, Joe Raedle Organizations: Microsoft, Fed, CNBC, Getty Locations: Miami , Florida
Despite taking a beating in the latter part of August, most chip stocks have staged an impressive relief rally so far. Additionally, it's worth noting that the RSI (Relative Strength Index) is starting to curve downwards, signaling a loss of upward momentum. The trade The trade structure I am using here is called a "bear put spread". THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: AVGO Organizations: Broadcom, Investment, CNBC, NBC UNIVERSAL
1 hits have managed to rule the Billboard Hot 100 for double-digit weeks. Lil Nas X's "Old Town Road" holds the all-time record with 19 weeks atop the chart. AdvertisementThe Billboard Hot 100 is widely considered to be the definitive all-genre singles chart in the US. 1 hits have topped the Hot 100 for 10 weeks or more. All 45 songs that have achieved the feat are listed below, in chronological order.
Persons: Lil Nas, Mariah Carey, Drake, Organizations: Service, Billboard
Diddy,’ aka ‘Diddy,’ aka ‘PD,’ aka ‘Love,’ the defendant, abused, threatened, and coerced women and others around him to fulfill his sexual desires, protect his reputation, and conceal his conduct,” the indictment states. The indictment lists eight purposes for Combs Enterprise, including the above-board businesses of operating a media, entertainment, and lifestyle business. Victims and sex workers participated in ‘Freak Offs’The indictment alleges Combs held what he called “Freak Offs,” or elaborate sex performances in which he drugged and coerced victims into extended sex acts with male sex workers. Further, Diddy kept videos he took of his victims engaging in sex acts, sometimes without their knowledge, the indictment states. Meanwhile, the sex trafficking charge is based on allegations against a single, unnamed “Victim-I” from about 2009 up to about 2018, the indictment states.
Persons: Sean “ Diddy ” Combs, Sean Combs, , , ‘ Diddy, Combs, , Diddy, “ Combs, Sean, Casandra Ventura, Cassie, Combs “, Ventura, , Damian Williams, Shannon Stapleton, ’ ” Organizations: CNN, US, Office, of, Bad Boy Entertainment, Combs Enterprise, Reuters Locations: Southern, of New York, Los Angeles, Miami
Cramer's Lightning Round: 'Buy more' Pfizer
  + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Pfizer's year-to-date stock performance. Stock Chart Icon Stock chart icon First Solar's year-to-date stock performance. Stock Chart Icon Stock chart icon Equity Residential's year-to-date stock performance. Stock Chart Icon Stock chart icon Moderna's year-to-date stock performance. Stock Chart Icon Stock chart icon Vertiv's year-to-date stock performance.
Persons: Powell Organizations: Pfizer, Equity, Powell Industries
I wonder if this is collectively the same group that doubted the bull market when it was rallying on narrow breadth led by the Mag 7. Today we'll revisit Meta (META) , the second largest market cap name in the sector behind Alphabet. I currently hold a 7% target allocation in my Tactical Alpha Growth (TAG) portfolio and a 2% target allocation in my Strategic Income & Growth (SIG) portfolio at Inside Edge Capital. -Todd Gordon, Founder of Inside Edge Capital, LLC DISCLOSURES: ( Gordon owns META in his wealth management company Inside Edge Capital. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Elliott, I'm, Zuckerberg, Todd Gordon, Gordon Organizations: Netflix, Spotify, CNBC Pro, Alpha, Edge, Inside Edge, CNBC, NBC UNIVERSAL
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