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☆ This industrial stock reporting Friday could indicate an economic slowdown. How to trade it
▼ + stars: | 2024-07-08 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

With earnings season kicking off, we'll break down an industrial stock reporting Friday and how to trade it. Historically, Alcoa Inc. marked the start of earnings season, being one of the first major companies to report results. It has underperformed the S & P year-to-date, down nearly 2.5% and declining more than 20% since the late March highs. The company's sales data, reflecting real-time demand for industrial and construction supplies, is closely linked to economic health. The trade Given the expectation that the stock is unlikely to rebound on earnings, a calendar spread could be a suitable trade.

Persons: Wells Fargo, Wells, we're Organizations: Alcoa Inc, JPMorgan Chase, Citigroup, Fastenal, CNBC, NBC UNIVERSAL Locations: Wells, U.S, United States, Fastenal

☆ A buying opportunity in a consumer stock with a long-term bullish trend, according to the charts
▼ + stars: | 2024-07-05 | by ( David Keller | ) www.cnbc.com time to read: +4 min

I'm always on the lookout for stocks with ideal technical set-ups, and my favorite one is a chart with a long-term uptrend and short-term pullback. I actually call this setup a "fat pitch" chart. So when a chart is in a primary uptrend, and then has a decent pullback to make a higher low, this fat pitch chart can often provide a fantastic "buy on the dips" opportunity. We can also see that the RSI is currently just above the 40 level, which tells us that the price momentum remains fairly bullish despite the recent price pullback. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: I'm, CROX, that's, trendline Organizations: Crocs, Inc, CNBC, NBC UNIVERSAL

☆ A low-cost way to bet on the Tesla comeback using options
▼ + stars: | 2024-07-05 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

I believe Tesla (TSLA) remains one of the purest AI plays available to investors and has even more room to go higher as shorts cover their positions and investor enthusiasm reignites. The recent surge in TSLA's stock price has changed sentiment as Tesla seemingly has regained its mojo. Another key milestone event lays ahead at the August robotaxi event. However, I do have concerns that the robotaxi event could disappoint and I suggest traders to manage any and all Tesla risk prior to that event. Also, I chose an end of July expiration date for this spread which is about a week before the much anticipated robotaxi event.

Persons: reignites, Elon Musk, Tesla, TSLA Organizations: mojo, Tesla, CNBC, NBC UNIVERSAL Locations: China

☆ Noplace is the hottest new app on the charts. Its founder spills on how it went viral and plans to skirt becoming a 'fad.'
▼ + stars: | 2024-07-04 | by ( Sydney Bradley | Alexandra Bacon | ) www.businessinsider.com time to read: +6 min

The social media app is the brainchild of 27-year-old serial founder and investor Tiffany "TZ" Zhong, whose tech career took off in her late-teens. Instead of stressing over carefully curated posts, the app encourages users to share their stream-of-consciousness thoughts directly to the feed. According to its App Store description, it aims to harken back to the social media era before "algos and ads" took over. She particularly follows the behavior of Noplace's "power users," some of whom even spend between eight and 10 hours on the app, Zhong said. And at a time when social media platforms are prioritizing entertainment over social interactions, Noplace feels timely.

Persons: —, Tiffany, Zhong, you've, It's, Noplace, Nospace, …, Alexis Ohanian, it's, There's Organizations: Service, Twitter, Apple, Business, Noplace's, Big Locations: Noplace, Reddit

Hong Kong CNN —There are a lot of princesses at Hong Kong Disneyland, but not the ones you think. Hair carefully coiffed, and in full makeup Liang Xiaoyu, 18, is dressed for a day out at Hong Kong Disneyland. Noemi Cassanelli/CNNAnd at Hong Kong Disneyland, Disney characters aren’t the sole fashion inspiration for dedicated fans. Li Mengru, 27, poses for a picture during an interview with CNN, at the entrance of Hong Kong Disneyland on June 7, 2024. Yang Yushen, who also goes by Kris, and his partner Jimmy Redinger like the romantic side of Hong Kong Disneyland.

Persons: “ Duffy, ”, Liang Xiaoyu, Noemi Cassanelli, CNN Liang, Mary Janes, Duffy, Qin Wuxiao, Jessie, it’s, Charmy Chan, Yanni Chung, Judy, Nick Wilde, “, Chan, CNN Oscar Yim, Captain America, Marvel, CNN Jing Hongche, Li Sitan, CNN Charmy Chan, Chung, Li Mengru, Chen Xinyu, Li, Chen, Linda Lee, CNN Li, Cassanelli, Yang Yushen, Kris, Jimmy Redinger, Ankh Wong, Kris Yang, Yang, Zootopia, Hercules ”, Redinger, Disney, Mariko Otomo, Nozomi Yasuda, Yuka Izawa, CNN Otomo, China’s “ meng ”, Mariko Otomo kitted, Deng Chundan, CNN Deng Chundan, Le, Godiva, Chow Tai, Gen, ” Shen Jing, CNN Linda Lee, CNN Chen Xinyu, CNN Lee, CNN Chen, lacy Organizations: Hong Kong CNN, Disney, CNN, Hong Kong Baptist University, USA, Captain, Hong Kong Disneyland, Marvel, “, Hong, Hong Kong Tourism, Hong Kong Locations: Hong Kong, Guangzhou, Hong, China’s Fujian, Guangdong, Japan, Arendelle, Tomorrowland, Tsim Sha Tsui, China, Southeast Asia, Philippines, Thailand, Singapore, South Korea, Grizzly Gulch, United States, Chinese, Hebei, Asia, Hangzhou

☆ Summer heat: how to keep your food safe, stay hydrated and more
▼ + stars: | 2024-07-04 | by ( Katia Hetter | ) edition.cnn.com time to read: +7 min

California is likely to be especially hard hit, with highs passing 110 degrees Fahrenheit (43 degrees Celsius) in many areas. For instance, chicken should be cooked to an internal temperature of at least 165 degrees Fahrenheit, and ground beef should be cooked to at least 160 degrees Fahrenheit. That applies to cooked meat like hamburgers as well as perishable salads like potato salad and cole slaw. Not only can raw milk harbor bacteria, but it is also possible that raw milk can transmit the bird flu. It wasn’t advisable for people to drink raw milk or consume products made from raw milk prior to the bird flu outbreak, and it certainly is not advisable now.

Persons: Leana Wen, Wen, cole slaw, We’ve Organizations: CNN, George Washington University, CNN CNN, US Centers for Disease Control, US Department of Agriculture Locations: Southwest . California

☆ Lightning Is Blamed for Deadly New Mexico Fire
▼ + stars: | 2024-07-03 | by ( Alexandra E. Petri | ) www.nytimes.com time to read: 1 min

Lightning sparked the larger of the two wildfires that have scorched southern New Mexico, leaving at least two people dead, destroying 1,400 structures and ravaging more than 25,000 acres, the authorities said on Wednesday. The blaze, known as the South Fork fire, began June 17 amid sweltering temperatures and was 87 percent contained on Wednesday evening, the Bureau of Indian Affairs said in a news release. “The identification of the point of origin and all evidence and data support lightning as the cause of the fire,” the agency said in a statement. “Human activity and factors did not contribute to the cause.”On June 23, the F.B.I. said that it was offering a reward of up to $10,000 for information leading to the arrest and conviction of the “person or persons responsible for starting” the South Fork fire and the Salt fire, the other major fire in New Mexico.

Persons: Lightning, ” Organizations: of Indian Affairs Locations: New Mexico

☆ An options bet that wins if homebuilder stocks continue to weaken under high rates
▼ + stars: | 2024-07-03 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

Back in late May I published a bearish thesis on the homebuilders and laid out a trade for D.R. Since then, homebuilders have continued to underperform the S & P 500 and as 10-year yields continue to climb back towards 4.5%. I believe that there is further downside and currently there is another opportunity to take another bearish trade on DHI. Just earlier this week the $140 support level was broken and we can now confirm a new bearish trend. The total risk on this trade would be $625 per contract if DHI is above $140 at expiration.

Persons: Horton, homebuilders, DHI Organizations: D.R, CNBC, NBC UNIVERSAL Locations: DHI

☆ How to construct a winning options strategy on a software stock that had a big June
▼ + stars: | 2024-07-02 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

The charts indicate the TurboTax maker could be caught in a trading range from here and I've got an options strategy that wins if it remains stuck. An Iron Condor is a great trade structure to use when dealing with trading ranges like this one. To construct an Iron Condor, all I have to do is sell a call credit spread and a put credit spread at the same time. Most trading platforms will allow you to put this trade as one unit by selecting "Sell Iron Condor" as the trade structure. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: I've, INTU, Nishant Pant Organizations: Intuit, Condor, Iron Condor, CNBC, NBC UNIVERSAL

☆ Some antidepressants contribute to weight gain more than others, study finds
▼ + stars: | 2024-07-02 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

Weight gain is also a reason why some stop their medications despite feeling less depressed or anxious while using them. Now, a new study sheds light on just how much weight gain might occur — on average — while taking eight of the most commonly prescribed antidepressants. Weight gain by poundsThe study, published Monday in the journal Annals of Internal Medicine, used electronic health record prescription and body mass to compare weight gain among more than 183,000 people. Not all patients perceive weight gain negatively, although it is more common for patients to want to avoid weight gain than to seek it when taking an antidepressant, Petimar said. “Our study didn’t explore reasons why bupropion was associated with less weight gain than other antidepressants, but other studies have similarly concluded that it is associated with less weight gain than other common antidepressants,” he added.

Persons: Joshua Petimar, paroxetine, Duloxetine, ” Petimar, ”, Roy Perlis, that's, Joe Raedle, —, Petimar, it’s, “, bupropion, they’d Organizations: CNN, paroxetine, Harvard Pilgrim Health Care Institute, Harvard Medical School, Internal, escitalopram, “, Massachusetts General Hospital Locations: Boston, Massachusetts, ” Perlis, Perlis

☆ A full breakdown of the S&P 500's chart and what it indicates about the second half
▼ + stars: | 2024-07-02 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +5 min

Let's look at what the the S & P 500's first half taught us about the chances for more gains in the second half. From Q1 1995 through Q2 1998, the S & P 500 was up 14 straight quarters. Below are four important factors we're continuing to watch closely into the year's second half. 116 of them are up more than the S & P 500 (+14.8%) through July 1 st , 2024. Good closes The S & P 500 has closed above its intra-day mid-point 77/125 trading days through Monday.

Persons: We've, That's, they'll, Frank Cappelleri Organizations: CNBC, NBC UNIVERSAL

Robert Smith, founder, chair and CEO of Vista Equity Partners, speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2016. With this debt, Vista could generate strong returns if Pluralsight's business performed well, according to the sources. They also show that Vista propped up Pluralsight by allowing it to borrow $162.5 million from its private equity fund. "The company experienced rapid deterioration of its business in the first quarter," Vista wrote in a fund document dated May 28. In a May 28 update to fund investors, Vista said Pluralsight's equity value went from $1.5 billion to zero in the first quarter of 2024.

Persons: Robert Smith, Lucy Nicholson, Vista, Pluralsight, Goldman Sachs, Golub, Gustavo Schwed, NYU Stern, It's, Steven Kaplan, Kaplan, Chris Walters, Aaron Skonnard, Walters, Skonnard, KBRA, Milana Vinn, Greg Roumeliotis, Dave Gregorio Organizations: Vista Equity Partners, Milken Institute Global Conference, REUTERS, Vista Equity, Reuters, Cloud, U.S . Securities, Exchange Commission, Vista, NYU, Chicago Booth School, Business, Thomson Locations: Beverly Hills , California, U.S, Vista, BlackRock, Oaktree, Pluralsight, New York

☆ A market hedge if this atypical election run-up causes an S&P 500 correction
▼ + stars: | 2024-07-01 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

The S & P 500 has yielded an average return of 7.9% since 1928, the year Herbert Hoover was elected. LBJ's presidency was also notable because he chose not to seek reelection in 1968, a year with a modest S & P return of 7.7%. A market correction could be more likely now than it seemed two weeks ago, as suggested by the current pricing of S & P options. Options such as SPDR S & P 500 ETF Trust (SPY) August $535 puts are currently priced around $5.50, about 1% of SPY's price, while S & P 500 5350 puts are around $50. SPY YTD mountain SPDR S & P 500 ETF Trust If a correction does occur, investors could monetize, roll, or spread the hedge.

Persons: Herbert Hoover, Hoover, Carter, George H.W, George H.W . Bush, LBJ's, Trump Organizations: Trump, JFK, FDR, Nvidia, Trust, Democratic National Convention, CNBC, NBC UNIVERSAL Locations: George H.W .

☆ Cathie Wood's ARK Innovation ETF poised to break out of its sideways trading, according to the charts
▼ + stars: | 2024-07-01 | 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: Cathie, ARKK, Katie Stockton Organizations: Innovation, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: ARKK

☆ My daughter came out, and I missed the punchline
▼ + stars: | 2024-06-30 | by ( Shannon Carpenter | ) edition.cnn.com time to read: +6 min

His oldest child and his only daughter just announced to him that she is something different than what’s considered traditional. I did not say, “Hi Gay, I’m Dad.” She set me up with the perfect dad joke opportunity, and I missed it. I am honored that my daughter trusted me enough to know I would be there for her, even if she had her doubts. This was on my mind when my daughter decided to tell her story. But my daughter and her girlfriend having the confidence and support to come out and be who they truly are is a very big deal.

Persons: it’s, Dad, ”, I’m Dad, Trevor, Carpenter, Shannon Carpenter, James Moran, Moran, ” Moran, Vivi, I’ve, It’s, Dad ” Organizations: CNN, Our, KC, Kansas, Historical Locations: Lee's, Kansas City , Missouri, Royal , Nebraska

☆ An options trade that wins if the red-hot chip trade cools off in the second half
▼ + stars: | 2024-06-28 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

Although Micron (MU) has not had Nvidia's meteoric performance, it has been a stellar stock, doubling in the last year and up over 50% in 2024. The AI boom has buoyed memory chips higher as these chips have become a more important component for artificial intelligence accelerators. However, the possibly unrealistic bar now being set for AI earnings reports saw Micron drop more than 7% on high volume. I want to express a short-term bearish view in Micron as I believe further profit-taking will occur in the third quarter. Micron is one of the largest semiconductor companies in the world, specializing in high-bandwidth memory and storage chips.

Persons: Long Organizations: Micron, Nvidia, JPMorgan, MU, CNBC, NBC UNIVERSAL Locations: CapEx

☆ The Boeing saga has reached a new level of absurdity
▼ + stars: | 2024-06-28 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

New York CNN —If you’re a PR person, I can’t possibly think of a harder job right now than working at Boeing. Boeing held a press conference from a factory in Renton, Washington, on Thursday to talk about quality improvements. But strangely enough, Boeing sharing that information itself got Boeing in trouble with the NTSB. Clean up, clean up everybody everywhereWhen the NTSB’s statement went out, Boeing’s PR team went back into crisis clean-up mode. At the same time, rules are rules no matter how hypocritical they are.

Persons: It’s, they’d, Max, Elizabeth Lund, Lund, Gregory Wallace, Chris Isidore, ” Lund, “, that’s Organizations: New, New York CNN, Boeing, Alaska Airlines, Senate, National Transportation Safety Board, NTSB, ”, Department of Justice, CNN, Boeing’s PR Locations: New York, Renton , Washington

☆ A millennial making $350,000 a year through overemployment says he only worked 50 hours a week
▼ + stars: | 2024-06-28 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

What's more, he said he hasn't typically worked more than 50 hours a week across his two jobs. AdvertisementPhil is among the Americans who have secretly worked multiple remote jobs to boost their incomes and job security. While some companies may be OK with their workers taking on a second job, doing this without approval could have negative repercussions. "Anything up to 50 hours a week is sustainable for me and that is what I would suggest for most people." AdvertisementAre you working multiple remote jobs at the same time and willing to provide details about your pay and schedule?

Persons: —, Phil, who's, overemployed, hasn't, Overemployment, jugglers, he's, there's, overemployment Organizations: Service, Business Locations: Texas

Tokyo CNN —Japanese prosecutors have charged a US Air Force member with allegedly kidnapping and raping an underage girl just before Christmas last year, Okinawa police confirmed to CNN on Wednesday. Washington was released on bail and transferred to the Kadena US Air Base in Okinawa for custody, according to a government spokesperson. The court’s spokesperson told CNN they do not have any details regarding the airman’s legal representation. The embassy told CNN in a phone call to contact Kadena Air Base, where Washington was based, for information on the case. CNN has contacted Kadena Air Base for comment.

Persons: Brennon, ”, Denny Tamaki, “, Alvin G, Nelson III, ” Nelson, Masataka Okano, Rahm Emanuel, Joe Biden, Fumio Kishida, Yoon Suk, David, Biden Organizations: Tokyo CNN, US Air Force, Okinawa, CNN, Kadena US Air Base, Ospreys, Okinawa Gov, Kadena Air Base, Kadena, US Navy, Mount, Japan’s, Foreign Affairs, Washington, Japanese Foreign Ministry, Embassy, Japanese, South Locations: . Washington, Naha, Okinawa’s, Washington, Okinawa, Tokyo, China, North Korea, ” Washington, Japan, curfews, Beijing

In a more defensive environment, we instead gravitate to lower volatility, higher dividend-paying stocks. By October, AT & T had pounded out a series of higher lows, confirming a rotation to a bullish trend. As a long-term trend gauge, I would assume that any price action above this trendline is still within the context of a bullish phase. I've also drawn a short-term trendline in pink, lining up the price lows in April, May, and June. Since an uptrend is formed by a pattern of higher highs and higher lows, then a consistent short-term uptrend would most likely remain above this trendline.

Persons: we've, I've, I'm, David Keller Organizations: CMT, CNBC, NBC UNIVERSAL, & $

☆ Using options to bet on a Nike turnaround as earnings loom
▼ + stars: | 2024-06-27 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

Nike, which reports earnings after the bell Thursday, is trading at less than 24 times forward earnings. That's well below the longer-term average of about 29 times forward earnings. On Wednesday, Nike traded more than two times its average daily options volume. The most active call options were the September 100 calls, 8,000 of which traded at an average price of around $3.22. Declining sales (inflation-adjusted) and market share, leading to declining investor confidence, explain the lower-than-average historical multiple.

Persons: Nike's Organizations: Nike, Wednesday, North, Bloomberg, Dick's Sporting Goods, Olympic, CNBC, NBC UNIVERSAL Locations: —, NKE, China, Asia, Pacific, America, Europe, Middle East, Africa

☆ How to get long an energy stock with substantial comeback potential, according to options trader
▼ + stars: | 2024-06-26 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

SLB (SLB) has been on our radar for some time and its recent underperformance produces an interesting opportunity to gain long exposure with substantial upside potential. That's nearly a 35% discount to the average S & P 500 stock, implying that the technical upside target is well within its historical valuation range. With low volatility, options prices on SLB are extremely inexpensive and would benefit from a simple strategy such as buying a call option. Additionally, we are only risking 7.7% of the stock's price to gain unlimited upside exposure. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: SLB, That's Organizations: CNBC, NBC UNIVERSAL

The iShares U.S. Pharmaceuticals ETF (IHE) is up 9% since July 2015, when it hit a fresh all-time high. All of the back-and-forth movement since 2015 has produced what could be a monstrous bullish pattern. But we're trying to capture a major breakout from an area that's done next to nothing in nearly a decade. INVA, on the other hand, bottomed in March 2023, and just recently broke out of a large inverse head & shoulders pattern. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: IHE, Eli Lilly, Johnson, JNJ, MRK, Frank Cappelleri Organizations: U.S . Pharmaceuticals, IHE, Merck, CNBC, NBC UNIVERSAL Locations: U.S, LLY

☆ Chronic loneliness puts older adults at risk for stroke, study suggests
▼ + stars: | 2024-06-26 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

And it may impact your stroke risk, according to a new study. This suggests that the biggest impact on stroke risk occurs over the long term. People who scored high on the loneliness scale both times they were surveyed had a much higher risk of stroke, the study said. And that feeling of loneliness is what the study found to be correlated to the increased risk of stroke, Soh said. “Make it be known that you are experiencing feelings of loneliness, and also identify what would be helpful for you specifically to address the feelings of loneliness,” Soh said.

Persons: ”, Yenee, Harvard T.H, Soh, Matt Pantell, Pantell, Edwin Tan, “, Vivek Murthy, ” Soh, Olivia Remes, Remes, Louise Hawkley Organizations: Lifeline, CNN, Department of Social, Behavioral Sciences, Harvard, of Public Health, Health, Center for Health, Community, University of California, University of Cambridge, Interact, Research Centers, University of Chicago Locations: Chan, San Francisco, United States, United Kingdom

☆ Why water is the best drink during a heat wave
▼ + stars: | 2024-06-25 | by ( Katia Hetter | ) edition.cnn.com time to read: +8 min

We know that keeping hydrated is important to staying healthy in the summer heat, but is water still the best drink during a heat wave? CNN: When it’s really hot outside, is water still the best fluid, or should people turn to sports drinks? Energy drinks are different from sports drinks, which are meant to help you restore water and electrolytes. I urge parents to be careful to distinguish between sports drinks and energy drinks. Sports drinks probably aren’t needed, and, again, it’s advisable for children to avoid energy drinks.

Persons: Leana Wen, Wen, What’s, Frederic J . Brown Organizations: CNN, George Washington University, US Centers for Disease Control, CDC, American Academy of Pediatrics, Getty, Sports Locations: AFP

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