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☆ Opinion: How serious is Trump about pulling out of NATO? Very
▼ + stars: | 2024-02-13 | by ( Peter Bergen | ) edition.cnn.com time to read: +6 min

The idea that foreign countries are freeloading off the United States plays well with his base, but Trump either doesn’t understand how NATO works or chooses not to. Meanwhile, in 2014, all NATO countries agreed to spend at least 2% of their GDP on defense by this year. Every US president since Barack Obama has pressed NATO countries to reach that expenditure level, but at the time of the agreement, only three NATO countries — the US, United Kingdom and Greece — were doing so. In 2017, NATO European countries and Canada spent around $270 billion on their defense, while the United States spent around $626 billion. No matter how wrong-headed it might be, according to his close advisers Trump seems quite serious about getting out of NATO.

Persons: Peter Bergen, ”, Donald Trump’s, James Mattis, Trump, “, ” Trump, Barack Obama, Greece —, Vladimir Putin, Olaf Scholz, Monday, Putin, United States isn’t “, Angela Merkel, Merkel, John Bolton Organizations: New, Arizona State University, Apple, Spotify, Trump Administration, CNN, NATO, Trump, New York Times, United, Canada Locations: New America, Russia, United States, United Kingdom, Greece, Trump , Russian, Ukraine, Estonia, Lithuania, Romania, Germany, Canada, Japan, Saudi Arabia, New Hampshire, Germans, Washington, New York City, Afghanistan, France

☆ The charts show the S&P 500 is at a very critical juncture. How to protect your portfolio
▼ + stars: | 2024-02-13 | by ( Todd Gordon | ) www.cnbc.com time to read: +5 min

I'm going to outline our approach to handling a possible pullback from all-time highs following the CPI that calls the 2024 Fed rate cuts into question. I'm using the S & P 500, Nasdaq-100 and an option hedge I may implement personally, and for my research and wealth management clients. Following a horrible bear market from 2021-2022 we spent most of 2023 rallying and here we are at new all-time highs. The S & P 500 weekly chart shows a basic 5-wave Elliott trend that consists of 3 separate market advances labeled as 1,3, and 5. The Nasdaq 100 just broke out to new all-time highs immediately following the 2nd worst correction since in 2000.

Persons: we've, Gordon Organizations: Nasdaq, Netflix, Spotify, Nvidia

☆ A trade on this casino stock before earnings that uses options to increase the probability of profit
▼ + stars: | 2024-02-12 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

How does one use options to improve the probability of profit in stock trade? Here's an example involving a casino stock reporting earnings this week. Gaining an edge on MGM trade before earnings Let's use MGM Resorts International , which will be reporting earnings on Tuesday, as an example. The following chart depicts the 1 month returns for MGM over the month following the last 44 reported quarters. Stock was higher 26 of 43 instances a month following earnings, or ~60% of the reported quarters.

Persons: Blair Hull, Goldman Sachs, Stock Organizations: Casinos, Hull Trading, Pacific Exchange, MGM, MGM Resorts International, MGM Resorts Locations: Las Vegas

☆ This construction ETF is breaking out with no sell signals on the horizon, according to the charts
▼ + stars: | 2024-02-12 | 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: Katie Stockton Organizations: Infrastructure Development, Fairlead, CNBC Pro, Securities Locations: timeframes

☆ JetBlue resets with new CEO, industry veterans to run airline on time, and profitably
▼ + stars: | 2024-02-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +6 min

In this article JBLU Follow your favorite stocks CREATE FREE ACCOUNTA JetBlue Airways plane prepares to depart New York's LaGuardia Airport. Leslie Josephs | CNBCIn the 24 years since JetBlue Airways ' first flight, the New York-based airline has pushed the envelope for a carrier of its size. And, until a judge blocked the deal last month, it planned to buy budget airline Spirit Airlines for $3.8 billion. Last week, JetBlue said it has hired back the airline's former chief commercial officer, Marty St. George, 59, as president. A JetBlue Airways plane sits on the tarmac at the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida.

Persons: Leslie Josephs, it's, Joanna Geraghty, Robin Hayes, Carl Icahn, Geraghty, Chris Ratcliffe, we've, Marty St, George, Marty, Henry Harteveldt, George's, Warren Christie, JetBlue, We've, Brett Snyder, Snyder, Spirit, Joe Raedle Organizations: JetBlue Airways, New, LaGuardia, CNBC, JetBlue, Spirit Airlines, JetBlue Airways Corp, World Aviation, Bloomberg, Getty, Latam Airlines, United Airlines, US Airways, Atmosphere Research, Transport Workers Union Local, Street, NYSE, Department of Transportation, discounter Frontier Airlines, Fort, Hollywood International Airport Locations: New York, London, Paris, Amsterdam, Dublin, U.S, Delta, United, punctuality, Fort Lauderdale, Fort Lauderdale , Florida

☆ Cramer's Lightning Round: Affirm is a buy
▼ + stars: | 2024-02-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Vertiv's year-to-date stock performance. Stock Chart Icon Stock chart icon General Dynamics' year-to-date stock performance. Stock Chart Icon Stock chart icon C3.ai's year-to-date stock performance. Stock Chart Icon Stock chart icon Altimmune's year-to-date stock performance. Stock Chart Icon Stock chart icon Affirm's year-to-date stock performance.

Persons: it's, Tom Siebel, Tom, You've Organizations: Dynamics

☆ Palo Alto, Eli Lilly and Eaton are up big. Here are entry prices for new investors
▼ + stars: | 2024-02-11 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Palo Alto Networks , Eli Lilly , and Eaton rallied hard over the past 12 months — up 127%, 117% and 66%, respectively. This $315 level is also close to the 50-day simple moving average (red line). Eli Lilly Two potential entry points: $617 (the 50-day simple moving average) and $541 (the 200-day simple moving average) The 50-day simple moving average is $617, a roughly 16.5% pullback from current levels, while the 200-day simple moving average is $541, a 27% decline. Instead, keep a close eye on that 50-day moving average, looking for that gap between the moving average and the stock price to narrow. As we can see, $242 represents the current 50-day moving average, with $240 representing a level of resistance shares recently surpassed.

Persons: Eli Lilly, Eaton, it's, pullbacks, PANW, Mounjaro, they've, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Palo Alto Networks, Big Tech, Palo Alto, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Provo , Utah

Both Iraq and the U.S. had agreed last August to enter into talks to transition U.S. forces from their long-standing role in assisting Iraq in combating IS. The resumed meetings will continue to chart a path to a new bilateral relationship “as long as nothing disturbs the peace of the talks," Iraq said in its statement. Photos You Should See View All 21 ImagesIraq has long struggled to balance its ties with the U.S. and Iran, both allies of the Iraqi government but regional archenemies. The Iraqi government has angrily condemned U.S. airstrikes against Kataib Hezbollah, which is part of the Popular Mobilization Forces. Notably, there have been no additional strikes against U.S. bases in Iraq since Feb. 4.

Persons: ” Organizations: WASHINGTON, U.S, U.S ., Iraq, Hamas, Kataib Hezbollah, Popular Mobilization Forces Locations: Islamic State, Iran, Jordan, U.S, Iraq, Syria, Israel

☆ A notorious market bear who called the 2000 and 2008 crashes warns current market conditions are worse than in 99.9% of history — typically meaning stocks are ripe for a 10%-30% sell-off
▼ + stars: | 2024-02-10 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

Read previewThe S&P 500 surpassed 5,000 for the first time on Friday, riding a wave of investor optimism about the health of the US economy. It's represented by the red line in the chart below, while the S&P 500 is shown in blue. Here's a chart from a regression analysis by Bank of America showing the impact that valuations have on long-term stock market returns. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 23% over the past year.

Persons: —, John Hussman, Hussman, It's, Tom Lee, Jeffrey Buchbinder, Adam Turnquist Organizations: Service, Hussman Investment Trust, Business, Hussman, Bank of America

☆ Chinese zodiac fortune predictions for 2024
▼ + stars: | 2024-02-09 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +19 min

Natalie Leung/CNN, Adobe StockMonkeys are going to have a relatively stable year. Natalie Leung/CNN, Adobe Stock“This year, you may have to work a bit harder and work longer hours than usual. Natalie Leung/CNN, Adobe Stock“It isn’t the worst year but there are going to be some challenges. Natalie Leung/CNN, Adobe Stock“According to ancient Chinese philosophy, Tigers and Dragons have a complicated relationship. Natalie Leung/CNN, Adobe StockAll you Rabbits can give yourself a pat on the back.

Persons: Hong Kong CNN —, There’s, ”, Chen, “, Thierry Chow, CNN Chow, floristry, “ It’s, Chow, Xuan, Duke, Jupiter, Stringer, VCG, Zhang Yu, Ulet Ifansasti, Johanes, NurPhoto, Zhang Cheng, Wu Wenjun, Axel Miranda, Tai Sui –, Tai Sui, Natalie Leung, Ben Ming Nian, “ Let’s, Ben Ming, “ You’ll, Ma Xing, –, it’s, It’s, there’s, ” Chow, Xing Tai Sui Organizations: Hong Kong CNN, CNN, Shui, China News Service, Spring, Reuters Workers, Adobe, Adobe Stock, Adobe Stock People, ”, Roosters, Tiger Tigers, Dragons, Tigers Locations: Hong Kong, Asia, Xuan Kong, Xi'an, Shaanxi Province, China, Beijing, Solo City, Indonesia, Dharmayana, Bali , Indonesia, Guangzhou, China's, Guangdong Province, Barcelona, Spain, Nanchang, Jiangxi Province

☆ El-Erian, Krugman and other economists have very different opinions on China’s struggling economy
▼ + stars: | 2024-02-09 | by ( Zahra Tayeb | ) www.cnbc.com time to read: +4 min

Chinese leader Xi Jinping said on New Year's Eve that the nation's economy had grown "more resilient and dynamic this year." Meanwhile, famed hedge fund manager and founder of Dallas-based Hayman Capital Kyle Bass said the country's heavily indebted property market has triggered a wave of defaults among public developers. That's a problem, given China's real estate market can account for as much as a fifth of the nation's GDP. "This is just like the U.S. financial crisis on steroids," Bass said, referring to China's default-ridden property market. The Institute of International Finance said Beijing has the policy capacity to push China's economy toward its growth potential and stuck to its above consensus forecast for 2024 growth at 5%, in a recent blog post.

Persons: Eswar Prasad, Mohamed El, Xi Jinping, there's, Paul Krugman, Krugman, Kristalina Georgieva, Hayman, Hayman Capital Kyle Bass, Bass, isn't Organizations: Future Publishing, CSI, China's National Bureau, Statistics, Allianz, International Monetary Fund, Nikkei, New York Times, Monetary Fund, Economic, IMF, Dallas, Hayman Capital, of International Finance Locations: Jiangsu, China, Nikkei Asia, U.S, Europe, tatters, Davos, Beijing

☆ Can You Optimize an Orgasm?
▼ + stars: | 2024-02-09 | by ( Gina Cherelus | ) www.nytimes.com time to read: +1 min

The data is generated by her vibrator, the Lioness, which measures her arousal and uploads information about her orgasm patterns to the company’s app. The sensors embedded in the toy track her pelvic floor movements. With each involuntary squeeze and release of her pelvic floor muscles, the app displays a graph showing her rhythmic pattern in a series of peaks and valleys. The option to track female orgasms at home introduces the possibility of hacking what some scientists have treated as an enigma. Some people use the tracking technology to combat sexual changes that can come with menopause or polycystic ovary syndrome, for example.

Persons: Melissa, ”, “, it’s Organizations: Apple Watch, Spotify Locations: Chicago, masturbates

☆ Cramer's Lighting Round: Allstate is a buy
▼ + stars: | 2024-02-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Hawkins' year-to-date stock performance. Stock Chart Icon Stock chart icon PayPal's year-to-date stock performance. Stock Chart Icon Stock chart icon Kimberly-Clark's year-to-date stock performance. Stock Chart Icon Stock chart icon CVS's year-to-date stock performance. Stock Chart Icon Stock chart icon Lennar's year-to-date stock performance.

Persons: Hawkins, Kimberly, Clark, it's, It's, Lennar Organizations: PayPal

☆ These are the most overbought stocks due for a pullback during S&P's run to 5,000
▼ + stars: | 2024-02-09 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Stocks have raced ahead this year, with the S & P 500 trading above the historic 5,000 level. Stocks that have a 14-day RSI greater than 70 are considered to be overbought, meaning they could be at risk of a pullback. Several firms, from Deutsche Bank to Bank of America, walked away from the company's earnings release even more encouraged about its future. On average, analysts have a $111.38 price target on Disney, indicating less than 1% upside from the entertainment giant's last close. Other overbought companies in the S & P 500 are Boston Scientific and Ralph Lauren , which saw shares reach a 9-year high on the company's earnings beat this week.

Persons: Eli Lilly, Morgan Stanley, Eli Lilly's, Wells, Mohit Bansal, LLY, Walt Disney, Berkshire Hathaway, Nelson Peltz, Ralph Lauren Organizations: Nvidia, Dow Jones, CNBC, Stock, Deutsche Bank to Bank of America, Berkshire, Disney, Epic Games, ESPN, Boston Scientific Locations: Zepbound, Fortnite

☆ Chart of the Day: Expedia sinks despite Q4 beat
▼ + stars: | 2024-02-09 | 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 EmailChart of the Day: Expedia sinks despite Q4 beatJoe Terranova, senior managing director at Virtus Investment Partners, joins CNBC's 'Halftime Report' to explain what he's doing with Expedia.

Persons: Expedia, Joe Terranova Organizations: Virtus Investment Partners

☆ Climate scientist Michael Mann awarded more than $1 million in damages from conservative writers who defamed his work
▼ + stars: | 2024-02-09 | by ( David Goldman | Paradise Afshar | ) edition.cnn.com time to read: +2 min

CNN —A jury has awarded climate scientist Michael Mann more than $1 million in a defamation lawsuit he brought against a former scholar and a media personality who lampooned Mann’s work. A jury in the Washington, DC, Superior Court civil case awarded Mann $1 million in punitive damages and a dollar from each defendant in compensatory damages. Mann had also sued the National Review and Competitive Enterprise Institute. Mann intends to appeal that 2021 decision, which said the Competitive Enterprise Institute and National Review could not be held liable for defamation, according to multiple reports. However, Mann’s is the latest in a recent string of defamation trial victories for plaintiffs or large settlements – most notably including E. Jean Carrol’s $83.3 million verdict against former President Donald Trump.

Persons: Michael Mann, Mann’s, Mann, Rand Simberg, Mark Steyn, Jerry Sandusky, “ Mann, ” Steyn, Simberg, Steyn, “, ” Mann, Mike Mann’s, Pete Fontaine, Jean Carrol’s, Donald Trump Organizations: CNN, Competitive Enterprise Institute, National, Pennsylvania State, Superior, DC, Court, X, Fox Corp Locations: Washington, DC, United States

☆ Taylor Swift has now reached billionaire status thanks to her showstopping Eras Tour — see how the pop star makes and spends her fortune
▼ + stars: | 2024-02-09 | by ( Hillary Hoffower | Taylor Nicole Rogers | Eve Crosbie | ) www.businessinsider.com time to read: +1 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Such success makes Swift one of the world's highest-paid celebrities and one of the richest female singers. This story is available exclusively to Business Insider subscribers. Bloomberg puts Swift's current net worth at $1.1 billion, thanks in part to her massive 146-date worldwide Eras Tour and its subsequent tour movie. It comes after Forbes estimated Swift had a net worth upwards of $740 million in July.

Persons: —, Taylor Swift, Swift Organizations: Service, Sony, Bloomberg, Business, Forbes

☆ Bitcoin tops $48,000 in a big comeback to end the week
▼ + stars: | 2024-02-09 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

In this article BTC.CM=ETH.CM= Follow your favorite stocks CREATE FREE ACCOUNTChesnot | Getty ImagesBitcoin marched higher to end the week, with its price breaching the $48,000 level for the first time since spot bitcoin exchange-traded funds began trading. Earlier, bitcoin rose to as high as $48,207.78 for the first time since Jan. 11, when the price momentarily touched $49,058.48 in volatile trading following the launch of spot bitcoin ETFs. Before that, bitcoin had not seen the $48,000 level since March 2022. Nevertheless, bitcoin's now up 10% for the week, while ether is on track for a 9% gain. Coin Metrics measures a week in crypto, which trades 24 hours a day, from the 4:00 p.m.

Persons: Bitcoin, cryptocurrency, bitcoin, bitcoin's, Sylvia Jablonski Organizations: Getty, Metrics Locations: Defiance

Charles Schwab Learn More Minimum deposit and balance Minimum deposit and balance requirements may vary depending on the investment vehicle selected. How are required minimum distributions calculated? Everyone's financial circumstances are different, but there are some strategies that could reduce the tax implications of required minimum distributions. You can also calculate your required minimum distributions using the IRS' life expectancy chart. And if you've already been taking required minimum distributions, don't be surprised if they're larger this year.

Persons: RMDs, —, Charles Schwab, Schwab, Roth, Roth IRAs, it's, John, you'll, You'd, Kevin Martin, David John, There's, they've, Rita Assaf Organizations: Schwab, Trading, Organization, IRS, Social, Tax, H, AARP, Institute, Bank, Western Alliance Bank, Alliance Bank, FDIC, CNBC, Brookings, Fidelity Investments, CNBC Select's, Facebook, Twitter Locations: LendingClub, N.A

☆ Disney shares pop 7% in premarket trade after earnings beat and Epic Games, Eras Tour news
▼ + stars: | 2024-02-08 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Disney said the partnership will see it work together with Epic to create new games using its intellectual property, including Disney, Pixar, Marvel, Star Wars and Avatar. Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at Allianz Parque on November 24, 2023 in Sao Paulo, Brazil. Disney lost customers on streaming platform Disney+, but revenue was higher due to a hike in subscription costs. Stock Chart Icon Stock chart icon Walt Disney Company share price. The Epic Games partnership could prove fruitful but is likely to be a "slow burn," he said in a note.

Persons: Bob Iger, Disney, Taylor, Taylor Swift, Buda Mendes, Ben Barringer, Quilter Cheviot, Nelson Peltz Organizations: Disney, Epic Games, Pixar, Marvel, Star Wars, ESPN, Allianz Parque, Getty, Walt Disney Company, Parks, CNBC Locations: Sao Paulo, Brazil, Buda

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

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

Persons: David Keller Organizations: David Keller https

☆ Cramer's Lightning Round: AbbVie is 'a very good company'
▼ + stars: | 2024-02-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Oxford Lane Capital's year-to-date stock performance. Oxford Lane Capital : "We don't know if they're any good at credit, and we don't know what they own. Stock Chart Icon Stock chart icon MercadoLibre's year-to-date stock performance. Stock Chart Icon Stock chart icon Freeport-McMoRan's year-to-date stock performance. Stock Chart Icon Stock chart icon AbbVie's year-to-date stock performance.

Persons: Oxford Lane Organizations: Oxford, Oxford Lane, Blackstone, Mercado Libre Locations: Mercado, McMoRan's, McMoRan

☆ 34-year-old singer was told it was 'too early' in her career to be ambitious—5 months later, she won 3 Grammys
▼ + stars: | 2024-02-08 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

The 34-year-old R&B singer followed up a series of frustrating career setbacks with one of the most successful nights of her life, taking home three Grammy awards on Feb. 4. She won best new artist, best R&B album and best non-classical engineered album for her debut record "Jaguar II." I was an independent artist with no team and I just thought, maybe my music would stand for itself," she said, tearing up. The song resonated with listeners, some of whom launched a social media campaign for her to perform it at the then-upcoming MTV Video Music Awards in September. "My team was told it is 'too early in my story' for that opportunity so we will keep working!"

Persons: Victoria Monét, who's, Monét, MTV didn't Organizations: MTV, CNBC

☆ Where Splitting the Rent Saves Couples the Most Money
▼ + stars: | 2024-02-08 | by ( Michael Kolomatsky | ) www.nytimes.com time to read: +1 min

When it comes to moving in together and splitting the rent, yes. Yes, you save the most when you split the rent in places that cost the most. Sharing a home can be stressful — many couples are vocal about needing to sleep in separate bedrooms (also good for post-argument cool-downs). Luckily, New York couples in two-bedrooms could still save $19,000 a year on a median-priced unit when splitting the rent. This week’s chart shows the 25 cities (among the 50 studied) where savings were greatest when sharing a median-priced one-bedroom compared to renting it alone.

Persons: what’s Organizations: ApartmentAdvisor, Las Vegas Locations: New York, , New York, Anchorage, Jacksonville, Fla

DETROIT (AP) — Henry Fambrough, the last surviving original member of the iconic R&B group The Spinners, whose hits included “It’s a Shame,” “Could It Be I’m Falling in Love" and “The Rubberband Man,” died Wednesday, a spokesperson for the group said. Fambrough died peacefully of natural causes in his northern Virginia home, spokesperson Tanisha Jackson said in a statement. Along with Fambrough, Billy Henderson, Pervis Jackson, Bobby Smith, Philippé Wynne and John Edwards were listed as inductees. It “was a long time ago,” Fambrough said at the time of the 1960s, when he first walked into the studio. The Spinners joined Motown Records 10 years later.

Persons: — Henry Fambrough, “, ”, Fambrough, Tanisha Jackson, Billy Henderson, Pervis Jackson, Bobby Smith, Philippé Wynne, John Edwards, ” Fambrough, Dionne Warwick, Norma, Heather Williams Organizations: DETROIT, Roll Hall of Fame, Motown Museum, Motown, Atlantic Records, The Spinners, Motown Records Locations: Virginia, Detroit, Ferndale

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