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☆ This oil refiner could get a boost as summer approaches. Using options to capitalize on the gains
▼ + stars: | 2024-04-08 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

The move higher for energy stocks comes as West Texas Intermediate crude oil approaches the mid-2022 highs of $88.31 per barrel. Theoretically, one can make bullish bets on oil using an ETF, such as the United States Oil Fund (USO) . However, I would caution against using this as an investment vehicle to make a long-term bullish bet on oil. SPR decline As the chart below illustrates, the country's Strategic Petroleum Reserve declined sharply in the lead-up to the 2022 midterm elections – keeping oil prices in check. The total cost of the spread risks just under 4.4% of the current stock price.

Persons: It's, Brent, Biden, Kinder Morgan Organizations: West Texas, United States Oil Fund, USO, country's Strategic Petroleum Reserve, Halliburton, Schlumberger, Valero, Marathon Petroleum, Marathon, MPC Locations: Marathon

☆ A buying opportunity in uranium stocks has emerged as volatility in the space increases, charts show
▼ + stars: | 2024-04-08 | by ( Katie Stockton | ) www.cnbc.com time to read: +2 min

Uranium stocks outperformed the broader equity market in 2023, with the Global X Uranium ETF (URA) gaining nearly 38% for the year. We think the recent volatility in uranium stocks presents an opportunity to take advantage of their cyclical uptrend. This applies to the Sprott Uranium Miners ETF (URNM) as well, which completed a basing phase (i.e., the "cup") last November that we featured on X . A breakout above $31.30 would complete URA's cup-and-handle pattern in a long-term bullish development, supporting its cyclical and secular uptrend. URA is the largest uranium ETF, with $3.2 billion in assets, and it has a reasonable expense ratio (0.69%).

Persons: URA, Cameco Organizations: Uranium, Uranium Miners Locations: URA

☆ Cramer's Lighting Round: Vertex Pharmaceuticals is 'terrific'
▼ + stars: | 2024-04-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Hawaiian Electric Industries' year-to-date stock performance. Stock Chart Icon Stock chart icon Excelerate Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Sibanye-Stillwater's year-to-date stock performance. Stock Chart Icon Stock chart icon Penumbra's year-to-date stock performance. Stock Chart Icon Stock chart icon Vertex Pharmaceuticals' year-to-date stock performance.

Persons: Excelerate, I'd, it's, I've, ABT, Emerson Electric's, Jim Cramer's Organizations: Hawaiian Electric Industries, Excelerate, Abbott Labs, PEN, Emerson Electric, GM, Pharmaceuticals, Vertex Pharmaceuticals, CF Locations: Stillwater

☆ Beyoncé’s ‘Cowboy Carter’ Opens at No. 1 With the Year’s Biggest Sales
▼ + stars: | 2024-04-08 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +1 min

Beyoncé’s genre-bending “Cowboy Carter” has become her eighth No. 1 album, opening with the biggest sales of any release so far this year. “Cowboy Carter,” billed as “Act II” of a trilogy that began with Beyoncé’s dance-oriented album “Renaissance” almost two years ago, had been expected by fans, and the music industry at large, as primarily a country project. “Cowboy Carter” arrives with the equivalent of 407,000 sales in the United States, and in addition to topping the all-genre Billboard 200 chart it is also No. Of its composite total sales figure, “Cowboy Carter” sold 168,000 copies as a complete album, including 62,000 on vinyl versions sold through Beyoncé’s website.

Persons: Carter ”, “ Cowboy Carter, ”, Dolly Parton’s, Jolene, Nancy Sinatra, Chuck Berry, Cowboy Carter ” Organizations: Metro Boomin Locations: United States

☆ There is no loneliness epidemic
▼ + stars: | 2024-04-07 | by ( Eliza Relman | ) www.businessinsider.com time to read: +17 min

With the report, a steady trickle of headlines about the epidemic turned into a firehose: "Loneliness is at epidemic levels and it's killing Americans" (USA Today); "This Epidemic of Isolation Is as Harmful as Smoking" (Bloomberg); "America's Loneliness Epidemic Comes for the Restaurant" (The Atlantic). There's one problem: The loneliness epidemic doesn't exist. Even the authors caution in their meta-analysis that "the frequently used term 'loneliness epidemic' seems exaggerated." Calling it a "loneliness epidemic," then, may be a bit like calling COVID a "sneezing pandemic." "There are many, many surveys that are just making up questions about loneliness and are not using the UCLA Loneliness Scale or some other validated loneliness scale," she says.

Persons: Vivek Murthy, Murthy, Hillary Clinton, Donald Trump, Sen, Chris Murphy, Ruth, University of Michigan —, Eric Klinenberg, Julianne Holt, it's, Dave Sbarra, Holt, David Riesman, Lunstad, I've, —, Sbarra, Klinenberg, Adam Mastroianni, " Mastroianni, Mastroianni, Biden, isn't, Jill Lepore, voicemails, There's, Jerome Adams Organizations: Bloomberg, Business, York, Gallup, University of Michigan, New York University, Brigham Young University, University of Arizona, Bell, University of California Los, Commerce, UCLA, Republican, Democratic Locations: Connecticut, Brooklyn, University of California Los Angeles, America, Washington, DC, COVID

☆ Bull market breaks its stride with the S&P 500's first 2% dip in a long while
▼ + stars: | 2024-04-06 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

Was that a change in the market's character last week, or is it still the same old bull? This is generally to the good, as boring markets are bullish markets while they remain that way. Rates and commodities worries Other asset markets have also been at least inviting the question about a potential shift in character. The good news on this, as I keep insisting, is that it hasn't been a truly Fed-driven market. Though it's easy to imagine the market chafing at this kind of higher-rate, higher-growth equilibrium if it continues too much longer.

Persons: Ned Davis, Jerome Powell, hasn't, That's, We're, It's, Andrew Kelly Organizations: Ned Davis Research, Treasury, Fed, Investors Intelligence, Investment, Deutsche Bank ., New York Stock Exchange Locations: New York City, U.S

☆ A renowned market bear who called the dot-com bubble warns the AI and economic recovery narratives fueling stocks are weak as analyst optimism sours — and says the Fed is fueling a bubble as valuation
▼ + stars: | 2024-04-06 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

About 45% of changes to S&P 500 analysts' earnings estimates are upgrades, as shown in the chart below, down from 50% in early 2023. AdvertisementSociete GeneraleHistorically, analyst optimism has been a good indicator for the economy's direction. Below is the S&P 500's year-over-year percentage change along with the analyst optimism measure. He says the S&P 500 is in a bubble fueled by AI optimism and could fall as much as around 60%. He sees potential downside of 39% for the S&P 500.

Persons: —, Albert Edwards, Edwards, Powell's, Ed Yardeni, Let's, There's, Jeremy Grantham, David Rosenberg, Merrill Lynch Organizations: Service, Societe Generale, Business, Street, Nasdaq, Generale, Conference, Institute for Supply, subsiding, Fed, repo, Bureau of Labor Statistics, Bears, Rosenberg Research, policymaking

☆ 7 times a total solar eclipse revolutionized science
▼ + stars: | 2024-04-06 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

In the middle of the afternoon, day will shift to night, as a total solar eclipse touches 15 states. We know now what causes a total solar eclipse. Here are seven times a total solar eclipse has helped advance human science. Culture Club/Bridgeman via Getty ImagesOn March 14, 189 BCE, a total solar eclipse swept over what is now northern Turkey. Corbis via Getty ImagesGemini 12 astronauts Jim Lovell and Buzz Aldrin were the first humans to see a total eclipse from space.

Persons: —, China's emporer, Edmond Halley, De, Anaxagoras, Hipparchus, Nicaea, Edmond, Halley, Isaac Newton's, Norman Lockyer, Pierre Jules César Janssen, Janssen, Lockyer, James Craig Watson, Vulcan, Albert Einstein, Einstein, Corbis, Jim Lovell, Buzz Aldrin Organizations: Service, Business, Getty, Alexandria . Culture Club, Bridgeman, Science, Society Picture Library, Sun, Mercury, Wallops, Smithsonian Magazine, NASA Locations: Ireland, China, Alexandria, Turkey, Egypt, England, India, French, Guntur, Brazil, Principe, Africa, Virginia, Peru

☆ The Rise of Sports Betting
▼ + stars: | 2024-04-05 | by ( German Lopez | ) www.nytimes.com time to read: 1 min

In the coming days, the country’s best men’s and women’s college basketball teams will clash in the N.C.A.A. For fans, these are some of the biggest events of the year — a chance to see the best young athletes in the highest-stakes games. They are also some of the most lucrative events for sports betting apps. Six years ago, sports betting was illegal under federal law. Commercial sports betting revenue has increased 12-fold since 2019, as this chart by my colleague Ashley Wu shows:

Persons: Ashley Wu Organizations: American Gaming Association

☆ Here's where the jobs are for March 2024 — in one chart
▼ + stars: | 2024-04-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Health care and social assistance were the top sector for job gains — a common theme in recent years — adding 81,300 jobs. The U.S. labor market surprised economists with its strength once again, adding more than 300,000 jobs in March, with a few key sectors continuing to fuel its growth. Within health care, ambulatory services and hospitals combined to add 55,000 jobs, according to the Bureau of Labor Statistics. The Bureau of Labor Statistics noted that the labor force participation has changed little in the past year despite consistent upside surprises for job gains. It's been the key to rebalancing the labor market.

Persons: It's, we've, Stephanie Kelton Organizations: Bureau of Labor Statistics ., BLS, Labor Statistics, Brook University Locations: U.S

☆ The rally in gold could be still in the early stages, according to the charts
▼ + stars: | 2024-04-04 | by ( David Keller | ) www.cnbc.com time to read: +4 min

Our review of the charts of precious metals tells us that the recent rally in gold prices could be just the early stages of a broad advance in the second quarter and beyond. Interestingly enough, gold stocks have actually been underperforming gold for most of the last 12 months. But over the last six weeks, gold miners have shown renewed strength, outperforming spot gold. This may be just the beginning of a "catch up" trade where gold miners close the performance gap with gold. Gold stocks have been lagging behind spot gold, but that trend of underperformance has begun to change in the last six weeks.

Persons: Alan Shaw, David Keller Organizations: Gold Miners, CMT Locations: retest

☆ Cramer's Lightning Round: Palo Alto Networks is a buy
▼ + stars: | 2024-04-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon GitLab's year-to-date stock performance. Stock Chart Icon Stock chart icon Snap's year-to-date stock performance. Stock Chart Icon Stock chart icon Blackstone's year-to-date stock performance. Stock Chart Icon Stock chart icon Rocket Companies' year-to-date stock performance. Stock Chart Icon Stock chart icon Palo Alto Networks' year-to-date stock performance.

Persons: Snapchat, Blackstone, I'm, Jim Cramer's Organizations: Companies, Rocket, Palo Alto Networks

☆ Jonathan Levin, Dean of Business School, Is Stanford’s New President
▼ + stars: | 2024-04-04 | by ( Stephanie Saul | ) www.nytimes.com time to read: +1 min

Stanford University’s next president will be Jonathan Levin, an economist who currently serves as dean of the graduate business school and whose association with the university dates back to his undergraduate days in the 1990s. Dr. Levin’s selection, announced on Thursday, was based partly on his deep understanding of the university’s culture, the school said. His appointment is also viewed as a stabilizing force, as Stanford faces turmoil stemming from protests over the Israel-Hamas war, as well as controversy over a predecessor, Marc Tessier-Lavigne, who resigned as president last summer amid questions about the quality of scientific research that was conducted in labs he supervised. Jerry Yang, the technology entrepreneur who is the chair of Stanford’s board of trustees, said that the selection committee chose Dr. Levin, 51, as someone who could chart a course for the university during these politically fraught times.

Persons: Stanford University’s, Jonathan Levin, Marc Tessier, Lavigne, Jerry Yang, Levin Locations: Stanford, Israel

☆ Tell Us Your Stories About Retirement
▼ + stars: | 2024-04-04 | by ( The New York Times | ) www.nytimes.com time to read: +1 min

For a special section on retirement and longevity to be published in June, The New York Times wants to hear from readers who have reinvented their lives after jobs or careers. Retirement can take on many different forms depending on a variety of factors. We want to hear from people who used retirement as an opportunity to chart a new path. Here are some prompts to help you tell your story:What challenges did you have to overcome as you entered this phase — and how did you do it? We will not share your contact information outside the Times newsroom, and we will use it only to reach out to you.

Persons: — Organizations: The New York Times, Times

☆ Jim Cramer sees Ford and Costco nearing buy levels. Here's the story behind each
▼ + stars: | 2024-04-03 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Ford and Costco are approaching good levels to pick up additional shares, according to Jim Cramer. "Costco shares have given back some recent gains but business is strong," said Jeff Marks, the Club's director of portfolio analysis. Ford fundamentals Shares of Club name Ford rose 2.8% to $13.65 each Wednesday after vehicle sales in the first quarter grew 6.8%. "These numbers do not show the profitability of Ford," Jim said Wednesday, suggesting investors should value the company at higher levels. Ford shares need to catch up to crosstown rival General Motors , he argued.

Persons: Jim Cramer, Jeff Marks, Jim, Gordon Haskett, I'm, Craig Jelinek, Rich Galanti, Ron Vachris, Gary Millerchip, Jim Cramer's, Charly Triballeau Organizations: Ford, Costco, University of Michigan, Motors, GM, Wall, CNBC, AFP, Getty Locations: Inwood , New York

☆ As it looks to keep its edge over rivals, the US Navy's biggest shipbuilding projects are delayed by years, new review finds
▼ + stars: | 2024-04-03 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Read previewThe US Navy's biggest shipbuilding projects, from new submarines to a first-in-class guided-missile frigate, are delayed by one to three years, according to a new Navy report. A chart from the Secretary of the Navy's 45-day shipbuilding review. AdvertisementThat growing concern comes as China's shipbuilding turns out not only more warships, but also increasingly capable ones. The Navy review, Guertin said, "identified major initiatives to drive improvement that we plan to pursue." "Our Navy ships exist to strengthen American dominance and deliver warfighting capability by providing the tools our warfighters need to operate the world's strongest navy.

Persons: —, Nick Guertin, There's, COVID, George Washington, Jonathon Gruenke, Carlos Del Toro, Del Toro, James Stavridis, Fang Sihang, Guertin Organizations: Service, Navy, Business, BI, Navy Public Affairs, Department of Defense, USS Enterprise, Enterprise, Ford, Newport News Shipbuilding, Virginian, Tribune, Getty, Virginia, Columbia, DoD, US Locations: China, Virginia, Columbia, Xinhua

☆ Ocean scientists shocked by Biden’s budget request that slashes data funding
▼ + stars: | 2024-04-02 | by ( Ella Nilsen | ) edition.cnn.com time to read: +6 min

Its data is used in everything from hurricane forecasting and fisheries to Coast Guard search and rescue – IOOS data can help the Coast Guard narrow down a search area by two-thirds. Despite President Joe Biden’s ambitious climate goals, his recent budget proposal would slash the program’s funding from $42.5 million to $10 million. Ocean data collection is “the only way we can really understand what is happening,” said Kristen Yarincik, executive director of the IOOS Association, the nonprofit that works with NOAA collecting data. IOOS has added 97 water level stations along the coasts of the Carolinas, Georgia and Florida in the last few years. “At least half of the water level sensor network would be compromised with this funding cut.”

Persons: –, Joe Biden’s, Trump, ”, Gerhard Kuska, ” Kuska, Scott Smullen, Kristen Yarincik, ” Yarincik, “, Ellen Prager, IOOS, “ We’re, Debra Hernandez, Hernandez, ” Hernandez Organizations: CNN, Oceanic, Atmospheric Administration, Coast Guard, White, Office of Management, NOAA, IOOS Association Locations: megastorms, Carolinas, Georgia, Florida

☆ This trade wins if interest rates stay high and hurt the housing market
▼ + stars: | 2024-04-02 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

To profit from this possibility, here's an options trade that bets against the housing market. US10Y YTD mountain U.S. 10-year Treasury yield so far in 2024 I'm contemplating a bearish trade on Lowe's (LOW) within the consumer discretionary sector. DMI (Directional Movement Index): When the DI+ (green line) is above DI- (red line), the stock is in an uptrend. The trade structure I am using here is called a "bear put spread" also known as "put debit spread". If LOW trades at or below my short strike by the expiration date, this trade can yield a 100% ROI on the amount risked.

Persons: I'm, I've Organizations: Federal, Treasury, Lowes Locations: US10Y

☆ S&P 500 chart analysis shows pullback is likely and investors should hedge
▼ + stars: | 2024-04-02 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

The S & P 500 is under pressure in the first few trading sessions of the second quarter as economic data continues to be strong and inflationary pressures remain elevated. The stock market rally has been nothing short of amazing reflecting the strong underlying economy and strong earnings companies reported in Q1. Fibonacci levels to watch In 2022, the S & P 500 dropped 1,327 points, or 27.5%. The market gathered itself, broke to new highs, and is now testing the next key Fibonacci extension level of 127.2% at S & P 5259. If however this resistance zone does not reverse price, then the next extension level we'll be targeting is the 1.618% at 5880.

Persons: I've, they've, Pythagoras, you'll, Todd Gordon Organizations: Inside Edge Locations: Italian, Greece

☆ Alphabet quietly hits new record in down market, forming bullish 'cup-and-handle' chart pattern
▼ + stars: | 2024-04-01 | by ( Katie Stockton | ) www.cnbc.com time to read: +6 min

The rally marks an extension of the cyclical uptrend and gives the chart the shape of a bullish 'cup-and-handle' formation. —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.

Persons: Katie Stockton Organizations: Microsoft, Fairlead, CNBC Pro, Securities

☆ 'Act III' will be Beyoncé's next album: Here are the 4 genres the Beyhive thinks it could be
▼ + stars: | 2024-04-01 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +5 min

Following the release of "Cowboy Carter," fans are speculating on the genre of Beyoncé's next album. AdvertisementHold your horses, Beyhive: "Act II" just came out and you're already thinking about "Act III?" Following the Friday release of "Cowboy Carter," Beyoncé's genre-bending country album, fans of the award-winning singer are speculating on what she has up her sleeve for her next album. However, Bey has shown us that she can belt a tune in Spanish, thanks to her 2007 "Irreemplazable" album — Spanish recordings of songs from her "Irreplaceable" album. A rock album would align with Beyoncé's mission to reclaim art forms created by Black musicians, and "Cowboy Carter" is chock full of rock references.

Persons: Cowboy Carter, —, Beyoncé, hasn't, Bey, Shakira collab, Carter, DJ Dedé Mandrake, Clark, Willow, Chuck Berry's, Berry, Nancy Sinatra, Fleetwood, — let's, Jack White Organizations: Service, Parkwood Entertainment, John's United Methodist Church, Beach, Beatles, Stripes, Spotify, Business Locations: Houston

☆ Cramer's Lightning Round: Tyler Technologies is a buy
▼ + stars: | 2024-04-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Tyler Technologies' year-to-date stock performance. Stock Chart Icon Stock chart icon Kodiak Gas Services' year-to-date stock performance. Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon United Airlines' year-to-date stock performance. Stock Chart Icon Stock chart icon Fastly's year-to-date stock performance.

Persons: Tyler, stock's, you've, Vita, Vita Coco, Coco, I'm Organizations: Tyler Technologies, Cisco Systems, Kodiak Gas Services, United Airlines

☆ A lower-risk and cheaper way to bet on a second-quarter comeback in this emerging markets ETF
▼ + stars: | 2024-04-01 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

The MSCI All Country World Index ETF (ACWI) hit an all-time high last week. ACWI 5Y mountain iShares MSCI ACWI ETF (ACWI) This index would appear to give investors diversified exposure to stock markets around the globe. It includes developing countries, unlike the MSCI World Index, which is tracked by the ETF 'URTH.' Consequently, the US stock market comprises almost 71% of the URTH ETF and nearly 64% of the ACWI ETF. This is illustrated by the MSCI Emerging Markets Index which can be traded with the iShares ETF, 'EEM.'

Persons: —, ACWI, Rob Reiner, Miracle Max, Billy Crystal, EEM Organizations: Trust Locations: URTH, U.S

☆ Beyoncé's covers are landing Boomer country artists in the ears of Gen Z
▼ + stars: | 2024-04-01 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +5 min

She weaves in samples and references to Black artists, including Sister Rosetta Tharpe, Chuck Berry, and Roy Hamilton. A cover song isn't just a copyThere's a long history of non-country artists doing country covers. Related storiesFor artists, cover songs "are like a stepping stone. Solis, the ethnomusicologist, pointed out that country music has grown out of a history of people playing other artists' songs, particularly Black artists. Beyoncé's "Jolene" cover is #3 on Apple Music Charts, while "Blackbird" is #12.

Persons: Cowboy Carter, Jolene, —, Carter, It's, Queen Bey, she's, Rosetta Tharpe, Chuck Berry, Roy Hamilton, Willie Nelson, Linda Martell, Bey, Dolly Parton, Paul McCartney, Tanner Adell, Brittney Spencer, Tiera Kennedy, Reyna Roberts, Tina Knowles, Gabriel Solis, Patsy Cline's, Bing Crosby, Don Cusic, Beyoncé, — Bey, Solis, " Solis, Tracy Chapman's, Luke Combs, Martell, Nelson, Parton, Cusic Organizations: Service, University of Washington, Western Music Hall of Fame, Spotify, Apple, YouTube Locations: America, Beyoncé

☆ Chart Master: Rates heading lower?
▼ + stars: | 2024-04-01 | 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 EmailChart Master: Rates heading lower? Carter Worth, Worth Charting, joins the 'Fast Money' traders with his technical take on treasuries.

Persons: Carter Worth Locations: Carter

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