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☆ Harris navigates Biden and Netanyahu as she considers her stance on Israel
▼ + stars: | 2024-07-25 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Up until now, Harris has been defined by working for President Joe Biden, arguably the most explicitly pro-Israel American president, even though his relationship with Benjamin Netanyahu has frayed. “President Biden brought to the White House a lifelong relationship with Bibi Netanyahu and a very mature history on the US-Israel relationship,” Murphy said. “The vice president has been a strong and longstanding supporter of Israel as a secure, democratic homeland for the Jewish people. “One can criticize specific policies of the government of Israel while still strongly supporting the state of Israel and the people of Israel. Soifer said she is satisfied that Harris remains committed to Israel — even after being read the indirect answer about whether the vice president considers herself a Zionist.

Persons: Kamala Harris, Harris, Joe Biden, Benjamin Netanyahu, Biden, Harris didn’t, she’s, Netanyahu, ”, Richard Haass, George W, “, Israel —, hypotheticals, Donald Trump, Doug Emhoff, Kamala, that’s, ” Emhoff, Connecticut Sen, Chris Murphy, Bibi Netanyahu, ” Murphy, It’s, Israel, Harris ’, Dean Lieberman, Phil Gordon, Obama, Gordon, Antony Blinken, Jake Sullivan, She’ll, Harris –, Netanyahu –, Israel ’, Ritchie Torres, Trump, Abraham, Abbas Alawieh –, –, ” Alawieh, —, Israel ”, Ohio Sen, JD Vance, Jason Miller, Emhoff, He’s, Halie Soifer, Soifer Organizations: CNN, Israel American, Democratic, White, Foreign Relations, Bush’s State Department, Biden, Jewish Democratic Council of America, Jewish, Senate Intelligence, Israel, Council, ”, West Wing, New York Democrat, Iron, Michigan Democratic Party, Republican Jewish Coalition, Republican, Naval Locations: Israel, Saudi Arabia, Indiana, Connecticut, Israeli, United States, Iran, U.S, America, Gaza, North Carolina, Ohio, Jerusalem, California, Los Angeles

☆ Opinion: I’m a former Olympic swimmer who almost drowned as a child. It’s a preventable danger
▼ + stars: | 2024-07-25 | by ( Opinion Cullen Jones | ) edition.cnn.com time to read: +6 min

In the 1960s, many public pools were filled with concrete or destroyed to avoid allowing Black Americans to swim in them. In fact, park managers opted to shut down the Historic Audubon Park Natatorium in New Orleans, the largest public pool in the South, rather than see it integrated. Black children ages 10-14 years drown in swimming pools at a rate that is almost 8 times higher than White children. Third places are incredibly important for public health and wellbeing however because they give people a place to socialize and build community. We also need better national data about our public pool system that goes beyond project- or funding-specific tracking.

Persons: Cullen Jones, Cullen Jones Maddie Meyer, Paris —, Heather McGhee, Prosper Organizations: USA, Foundation, CNN, Olympics, Rutgers Aquatic Center, ”, White Americans, Black, Historic Audubon, Disease Control, Prevention, Trust, Community Locations: @CullenJones, Philadelphia, Paris, Newark , New Jersey, ”, United States, New Orleans, White

☆ An opportunity may be emerging in this beaten-down potato stock. Using options to capitalize
▼ + stars: | 2024-07-25 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Lamb Weston was the worst-performing stock in the S & P 500 on Wednesday on the back of disappointing quarterly results. The Idaho-based supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants said fully diluted earnings per share fell more than 70% from the year-earlier period. Consequently, the stock price fell over 28% on Wednesday. At ~ 1.2x price to sales, Lamb Weston is the cheapest it has been in the past ten years. Some of that increase is justifiable; the company demonstrated considerably higher operating volatility than they or investors expected, and the debt-to-equity increase as a function of the stock price decline is also a contributor.

Persons: Lamb Weston, they're, Berkshire Hathaway, Charlie Munger Organizations: Berkshire, CNBC, NBC UNIVERSAL Locations: Idaho

☆ 3 dividend-paying stocks with attractive charts as broader market struggles
▼ + stars: | 2024-07-25 | by ( David Keller | ) www.cnbc.com time to read: +4 min

A subsequent pullback saw the price bounce off that breakout level, which also lined up with the 50-day moving average. This is a sector full of low-volatility, high yielding stocks that have often provided downside protection in down market phases. ES just broke to a new three-month high this week, and the stock features a dividend yield around 4.5%. When the broad market averages take a bearish turn, equity investors are often best served by getting defensive. These three stocks feature improving technical profiles, along with dividend yields well above the average for the S & P 500.

Persons: Philip Morris, BTI, Eversource, we've, David Keller Organizations: American Tobacco PLC, Eversource Energy, Eversource, Nasdaq, CMT, CNBC, NBC UNIVERSAL Locations: U.S, British American

☆ Elon Musk’s estranged daughter calls out his ‘entirely fake’ claims about her childhood
▼ + stars: | 2024-07-25 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Vivian Jenna Wilson, Elon Musk’s estranged daughter, publicly refuted several recent anti-trans statements her Tesla CEO and X owner father has made about her. After her transition, the billionaire said, he “vowed to destroy the woke mind virus.”Musk has previously been criticized for his anti-trans comments. Musk has previously spoken about his daughter, including in the authorized biography written by journalist Walter Isaacson and published last year. In the book, the billionaire blamed his daughter’s transition in part on her time at a progressive, Los Angeles school. In the Peterson interview, Musk said he considers his child “dead” following her transition.

Persons: New York CNN — Vivian Jenna Wilson, Elon Musk’s, Wilson, ” Musk, …, ” Wilson, ”, Jordan Peterson, “, Musk, Walter Isaacson, Peterson Organizations: New, New York CNN, Twitter, Musk’s Locations: New York, Los Angeles, California

☆ ‘Coup’ and ‘Cover-Up’: How the G.O.P. Is Reacting to the Harris Candidacy
▼ + stars: | 2024-07-24 | by ( Karen Yourish | Lazaro Gamio | ) www.nytimes.com time to read: +7 min

Recent polling suggests nearly 9 in 10 Americans believe Mr. Biden’s decision to step aside was the right one. 65 called Mr. Biden’s withdrawal a coup or said it amounted to election interference. These statements have tended to argue that Mr. Biden’s decision to end his candidacy was not his own, was not democratic or both. Some of this language began to bubble up among Republicans even before Mr. Biden announced that he would drop out. One common line of attack, positing that Ms. Harris failed as a “border czar,” is misleading.

Persons: ’, Joe Biden, ‘, Harris, Kamala Harris, Biden’s, Harris’s, Biden, Mr, Biden —, —, ’ Thomas Massie, Trump, ’ Mark Alford, Josh Hawley, Donald J, Chris LaCivita, Trump’s, ”, I’m, Biden Harris, he’s, ’ Eric Schmitt, Roger Marshall Senator, Kan, Kat, ‘ Kamala Harris, ’ Ron DeSantis, ’ Jack Bergman, ’ Mike Johnson, ‘ Where’s Biden, Nancy Mace, S.C, ’ Markwayne Mullin, Okla, ’ Lauren Boebert, ” Harris, Greg Abbott Governor, ’ Elise Stefanik, Cackling Kamala, ’ Warren, ‘ Fran, ’ Mike DeWine, ’ Lindsey Graham, ’ Lisa Murkowski Organizations: Left, New York Times, White, The Times, ’ Thomas Massie Representative, Republican, Convention, Biden, Kat Cammack, Fla, House, Democrats, Colo, Far Left Democrats ’, ’ Warren Davidson Representative Locations: Delaware, Covid, Ky, Mo, Fla, Washington, Greg Abbott Governor , Texas, Ohio, Alaska

☆ Using options to manage risk heading into Microsoft earnings next week
▼ + stars: | 2024-07-24 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

Heading into earnings next week, Microsoft is positioned to continue capitalizing on the growing demand for artificial intelligence and cloud computing services, underscored by the cloud revenue growth reported by Alphabet this week. The company's leading position in the AI and cloud computing makes it a compelling earnings trade for next week. MSFT has recently pulled back to a significant support level at $430, which has previously acted as a resistance. This pullback provides a favorable entry point with reduced downside risk after bouncing off that level this week. Microsoft's relative strength to the S & P 500 and momentum are also positive heading into earnings.

Persons: MSFT, Zhang Organizations: Microsoft, Industry, CNBC, NBC UNIVERSAL Locations: MSFT

☆ This energy giant could soon see a breakout to fresh all-time highs, according to the charts
▼ + stars: | 2024-07-24 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +3 min

XOM is within 7% of its 52-week high of $123.75 from April 12, which also is its all-time high. However, that same volatile trading range since April has become part of a much larger potential bullish pattern — which is best seen on this weekly chart. The area shaded in yellow is the same bullish pattern highlighted above. In other words, a breakout to new highs now finally would help extend the 14-year bullish pattern breakout (2008-2022). The best-case scenario, then, would be seeing XOM breakout on both an absolute and relative basis.

Persons: XOM, It's Organizations: Exxon Mobil, Chevron, CNBC, NBC UNIVERSAL

☆ A bullish options bet that will pay off if Tesla and Alphabet rally after earnings
▼ + stars: | 2024-07-23 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

Earnings season is heating up, as Tesla and Google-parent Alphabet are set to report their latest results after the bell Tuesday. I'm considering a bullish trade in QQQ for Wednesday — contingent on a positive market reaction to GOOG and TSLA earnings. This allows you to construct a $1 wide bull call spread and risk as little as $50 to make $50 per winning trade. I've suggested a 482-483 call spread because QQQ is trading at 482 as of writing this. If earnings are strong, QQQ will likely gap up and open at a higher price tomorrow.

Persons: QQQ, I've, Nishant Pant Organizations: Google, Nasdaq, CNBC, NBC UNIVERSAL Locations: QQQ

☆ A look at Spotify’s chart after its post-earnings jump — and where it can go from here
▼ + stars: | 2024-07-23 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

This reaction is especially encouraging, as it's happening during a tumultuous market environment with lots of geopolitical and domestic political uncertainty. Looking at Spotify, we own it in our growth portfolio at Inside Edge Capital, first adding the position in February 2023. Judging by this post-earnings reaction, I see the stock moving above $400 in coming months. -Todd Gordon, Founder of Inside Edge Capital, LLC DISCLOSURES: Gordon owns SPOT personally and 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: Todd Gordon, Gordon Organizations: Spotify, Netflix, Communication, Edge, Inside Edge, CNBC, NBC UNIVERSAL

☆ This health-care stock just broke out higher and shows little signs of slowing down, according to charts
▼ + stars: | 2024-07-22 | by ( Katie Stockton | ) www.cnbc.com time to read: +2 min

During earnings season, we can gain value from the charts by judging how stocks react to their reports. We are especially mindful of support and resistance levels, watching for breakouts and breakdowns as technical catalysts. This supports upside follow-through for IQV in the weeks ahead towards resistance from a Fibonacci retracement level near $258. We ultimately expect the stock to retest final resistance, near $285, with a long-term time horizon. Long-term support on the chart is defined by the weekly cloud model, which rises to roughly $215 next month.

Persons: Katie Stockton, Will Tamplin Organizations: IQVIA Holdings, IQV, CNBC, NBC UNIVERSAL Locations: IQV

☆ A 'Trump trade' hedge using options
▼ + stars: | 2024-07-22 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

The reason this matters to investors is the so-called Trump trade. The stock market did very well following former President Donald Trump's victory over Hillary Clinton in November 2016, but smaller businesses, in particular, were beneficiaries. When we listen to some of the policy ideas that Trump has discussed, such as measures intended to protect smaller U.S.-based businesses, companies in the small-cap Russell 2000 index stand to benefit. Since the June 27 debate, the Russell 2000 has outperformed the S & P 500 by more than 6 percentage points. So, investors must acknowledge that if Trump's path to victory against Harris or a potential unknown pinch-hitter is less certain, then uncertainty must, by extension, apply to the Trump trade.

Persons: Joe Biden, Biden, Kamala Harris, Donald Trump's, Hillary Clinton, Trump, Russell, Harris, — Organizations: Trump, CNBC, NBC UNIVERSAL Locations: IWM

☆ An options trade on CrowdStrike as shares tank on the outage
▼ + stars: | 2024-07-19 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +2 min

From investors to airline travelers, many Americans are being forced to deal with the fallout of this giant IT outage . One-time cybersecurity darling Crowdstrike (CRWD) is getting the blame. CRWD 1D mountain CrowdStrike, 1 day Risk happens fast and for capturing volatility (either to the downside or upside), I prefer to use options to express a view. I want to sell the elevated option premium in CrowdStrike to seek to capitalize on this historic move. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Organizations: CNBC, NBC UNIVERSAL

☆ How to trade Netflix using options ahead of earnings
▼ + stars: | 2024-07-18 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Netflix earnings are out after the bell Thursday. Breaking down Netflix fundamentals Netflix faces much more competition in the streaming industry than it did a few years ago. These concerns were valid, given that Netflix had accumulated over $10 billion in negative cash flow in the decade leading up to the pandemic through December 2019. Over the four fiscal years from 2020 to 2023, Netflix reported over $10 billion in free cash flow, reversing the negative cash flow of the previous decade. These calls, 8% out of the money, traded for $9 each, representing just under 1.4% of the current stock price.

Organizations: Netflix, CNBC, NBC UNIVERSAL

☆ Downside targets to watch for Nvidia, according to the charts
▼ + stars: | 2024-07-18 | by ( David Keller | ) www.cnbc.com time to read: +3 min

It's time to consider downside targets for A.I.-darling Nvidia. The first half of 2024 was all about stocks like Nvidia Corp. (NVDA) riding the A.I. On the short-term chart of NVDA, we can see a series of bearish engulfing patterns in mid-June and again in mid-July. And when the price returned to that price range earlier this month, we saw the same pattern of short-term distribution. This support level also lines up with a 38.2% Fibonacci retracement of the April to June rally phase, and also lines up with the 50-day moving average.

Persons: I'd, David Keller Organizations: A.I, Nvidia Corp, Nvidia, Nasdaq, CMT, CNBC, NBC UNIVERSAL

☆ Small-cap ETF poised to break out to all-time high and perhaps beyond, according to the charts
▼ + stars: | 2024-07-17 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

As is clear, that objective is considerably higher than the 2021 peak, which was the last time IWM made a new all-time high. The obvious question then would be this: If IWM does, in fact, make a new all-time high, what happens next? First, notice how well the IWM/SPX relative line performed as it rallied from a key low to a peak since 2011. Conversely, during the three times that IWM has broken out to new highs in absolute terms, the IWM/SPX relative line has declined soon thereafter. In fact, the relative line has been diverging from IWM for 13 years and hasn't made a higher high since 2011.

Persons: Russell, IWM, shouldn't, What's, hasn't, Frank Cappelleri Organizations: CNBC, NBC UNIVERSAL Locations: IWM

☆ How to play the pullback in Alphabet, using options to limit your risk during the tech sell-off
▼ + stars: | 2024-07-17 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

The recent pullback in GOOGL's stock price offers an attractive entry point for investors looking to gain exposure to these high-growth areas. We'll review an options strategy to get long exposure while limiting overall risk. GOOGL has recently pulled back slightly within a strong bullish trend, creating an attractive risk reward to seek long exposure. The trade Options on Alphabet Inc. (GOOGL) are not too cheap or expensive based on their implied volatility. To capitalize on the recent pullback and anticipated continued growth, I bought the August 30 $180/$200 Call Vertical for a $7.70 Debit.

Persons: GOOGL Organizations: Inc, YouTube, GOOGL, CNBC, NBC UNIVERSAL

☆ Using 'bear put spreads' to cash in on a stock that's run too far, too fast
▼ + stars: | 2024-07-16 | by ( Nishant Pant | ) www.cnbc.com time to read: +4 min

I feel like the stock has gone too far, too fast, however, and provide an options trade that wins if the shares pull back. Ross (ROST) has benefited significantly from this trend, with its stock rising by 20% over the past two-and-a-half months. Support and Resistance: Using basic support and resistance concepts, we can identify short-term resistance around the 150 level. With ROST trading around $148.08, my plan is to buy an at-the-money (ATM) put spread. Regardless of ROST's current trading price, my long strike will be set above the current price, and the short strike will be positioned below it.

Persons: ROST, Nishant Pant Organizations: Ross Stores, RSI, CNBC, NBC UNIVERSAL

☆ Shares of this controversial health-care stock poised to break out to new high, according to the charts
▼ + stars: | 2024-07-16 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

Shares of Hims & Hers (HIMS) , a digital consumer-facing health-care company, look poised to break out to a new all time high, according to the charts. HIMS announced in May a controversial weight loss injection product to compete with Lilly's Ozempic and Novo Nordisk's Wegovy. HIMS is not only marketing weight loss drugs, it has over one million subscribers using a wide variety of treatments. It's no secret that the total addressable market for weight loss drugs is gigantic. he volume was massive that day at over 70 million shares traded with average daily volume at round 18 million.

Persons: Howard Marks, HIMS, Lilly's, We've, Goldman Sachs, Eli Lilly's, Todd Gordon, Gordon Organizations: Capital Management, Novo Nordisk's Wegovy, Edge, Inside Edge, CNBC, NBC UNIVERSAL

☆ A transportation stock is setting up for an oversold bounce, according to the charts
▼ + stars: | 2024-07-15 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: DAL, Katie Stockton Organizations: Delta Air Lines, DAL, DeMARK, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities

☆ Using options to gain upside stock exposure with less risk during tumultuous times
▼ + stars: | 2024-07-15 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

Black swans and grey Swans refer to events that profoundly impact markets and economies due to their unpredictability and importantly potential for substantial disruption. Generally, black swans are rare and lie outside regular expectations, but they have a significant impact when they occur. Their rarity is what makes them unique and their impact, when they do occur, is significant. The 2008 "Great Financial Crisis", sometimes abbreviated as "The GFC", the 9/11 terrorist attacks, and the COVID-19 pandemic have been described by some as "black swans". Still, there are ways to maintain some upside exposure without taking all the downside risk other than hedging.

Persons: Donald Trump, Trump, Nassim Nicholas Taleb, Biden Organizations: Sunday, CNBC, NBC UNIVERSAL

☆ How to get long the rotation into small caps at nearly no cost using options
▼ + stars: | 2024-07-12 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

Investors endured a historic move in U.S. equities Thursday as the Russell 2000 gained roughly 3.5% while the S & P 500 dropped almost 1%. Although the small-cap index has dragged the megacap driven S & P 500 for years, I believe now is the time to own the iShares Russell 2000 ETF . IWM .SPX YTD mountain iShares Russell 2000 ETF (IWM) vs S & P 500 year-to-date Small caps seemingly benefited from Thursday's cooler-than-expected June consumer inflation report via CPI, signaling the Fed could kick off their interest rate cutting campaign in September now. Thursday was just the second day since 1979 when the Russell 2000 rose more than 3% while the S & P 500 declined. In the event the IWM does not move higher, an investor has to be prepared (with the cash) to own IWM for a longer term play.

Persons: Russell, IWM Organizations: CPI, CNBC, NBC UNIVERSAL

☆ An options trade that wins if the worst is mostly over for this struggling trucking stock
▼ + stars: | 2024-07-11 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Here I'll break down a nuanced options trade for on a transportation stock reporting next week. JB Hunt Transport Services, Inc . Unfortunately, this has been the case for JB Hunt lately. While I'm not prepared to call for a stellar quarter - economic pressures generally don't resolve quickly - much of the near-term damage may be done. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: you've, JB Hunt, Hunt, I'm Organizations: JB, Transport Services, Inc, CNBC, NBC UNIVERSAL Locations: you've, North America's, Lowell , Arkansas

☆ A lower-risk way to bet Morgan Stanley's upcoming earnings catapult stock to a new high
▼ + stars: | 2024-07-10 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

Let's start with a longer-term chart of Morgan Stanley (MS) , which reports on July 16. A breakout above this level would be a clear bullish signal, with earnings as the catalyst. Morgan Stanley has been investing in building out its wealth management business for years and it now accounts for more than 51% of its revenue. The trade With low implied volatility, options on Morgan Stanley are relatively inexpensive. This strategy leverages the relatively low option premiums due to the low IV Rank, aligning with our bullish technical and fundamental thesis for Morgan Stanley.

Persons: Morgan Stanley Organizations: CNBC, NBC UNIVERSAL

☆ America’s New Catholic Priests: Young, Confident and Conservative
▼ + stars: | 2024-07-10 | by ( Ruth Graham | Nick Hagen | ) www.nytimes.com time to read: +1 min

The next morning, they would make lifelong promises of celibacy and obedience, and they were palpably elated by the prospect. There was a time where the church “maybe apologized for being Catholic,” he said later in the conversation. He and the other new priests agreed they were called to something different: advancing the Catholic faith, even the parts that could seem out of place in an increasingly hostile world. “The church is Catholic, and so we should announce that joyfully,” he said. Surveys tracking the opinions of priests have found that, starting in the 1980s, each new wave of priests in the United States is noticeably more conservative than the one before it, Dr. Vermurlen said.

Persons: Zachary Galante, Francis, “, ” Deacon Galante, Father Galante, ”, we’ve, Brad Vermurlen, Thomas, Vermurlen Organizations: Francis de Sales Seminary, Catholic, American Catholic Church, University of St Locations: St, Houston, United States

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