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Here's an update on the chart in a breakout shoemaker that is giving Nike a run for its money. In May, I wrote about On Holding AG (ONON) ahead of its earnings with a buy recommendation. You'll notice that the stock popped on the week of May 14th following the earnings report above the 2023 highs of $36.90. Looking at the valuation, NKE is trading about 26 times 2024 expected earnings and 25 times 2025 expected earnings. DECK is ranging from 10% to 20% revenue growth from the same period last year and ONON is running from 20% to 33% revenue growth.

Persons: NKE, outperformance, ONON, Roger Federer, Todd Gordon, Gordon Organizations: Nike, Holding, Inside Edge, CNBC, NBC UNIVERSAL

☆ A bearish options trade that wins if Nvidia and the QQQs continue to cool off
▼ + stars: | 2024-06-25 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

Nvidia (NVDA) is finally showing signs of profit-taking, suggesting that the entire technology sector might be ready for a breather. This could present many bearish trading setups in various stocks because of the influence Nvidia has had leading the AI bubble. For now, let's focus on making a bearish trade in the Invesco QQQ Trust , an ETF that tracks the Nasdaq 100 index. The Trade The trade structure I have chosen here is called a Bear Call Spread also known as a Call Credit Spread. As long as QQQ stays below $483 in the next 17 days, this trade will return a 38% ROI on the money risked.

Persons: Nishant Pant Organizations: Nvidia, Trust, CNBC, NBC UNIVERSAL

☆ Ford recalling 550,000 trucks that can suddenly downshift
▼ + stars: | 2024-06-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +1 min

CNN —Ford is recalling more than 550,000 F-150 pickups in the United States because of an issue that can cause the transmission to suddenly and unexpectedly, at any speed, shift down to first gear. Before that happens, a malfunction indicator light in the truck’s gauge cluster may turn on Ford spokesperson Maria Buczkowski said in an email to CNN. To fix the problem, Ford dealers will update the trucks’ control module software at no cost to the owner. Ford will start mailing letters to owners of the trucks involved in a few days. A new software update to fix the 2014 trucks will be ready sometime in the next three months, Buczkowski said.

Persons: CNN — Ford, Maria Buczkowski, Ford, Buczkowski Organizations: CNN, Ford Locations: United States

☆ How ‘bids for connection’ can make or break a relationship
▼ + stars: | 2024-06-24 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +6 min

In what may seem like a small, everyday exchange, her friend’s reaction was an important indicator for their relationship: She had responded to Caribardi’s “bid for connection,” a term coined by relationship experts at the Gottman Institute in Seattle. Whether the bid is big or small doesn’t matter — what is important is the other person’s response, Schwartz Gottman said. How to recognize a ‘bid for connection’The basis of “bids for connection” stems from the Gottmans’ “Love Lab” research, which started in 1986 and tracked couples for six years. Schwartz Gottman said this test is a good example of the importance of “turning toward” a partner, one of the three responses someone can have to a bid. Schwartz Gottman recommends communicating those feelings directly and honestly to the partner, instead of lashing out with a “turning against” response.

Persons: CNN —, Alyssa Caribardi, Caribardi, Caribardi’s, ”, Julie Schwartz Gottman, John Gottman, Schwartz Gottman, Leander, ” Caribardi, that’s, “, Schwartz, Lauren Fogel Mersy, Fogel Mersy, ” Fogel Mersy, it’s, ” Schwartz Gottman Organizations: CNN, Gottman Institute, Partners Locations: Seattle, Texas, ”, Minnesota

☆ Tesla setting up for a counter-trend rally, according to the charts
▼ + stars: | 2024-06-24 | by ( Will Tamplin | Fairlead Strategies | ) www.cnbc.com time to read: +7 min

However, our technical indicators suggest a bigger counter-trend rally could be in store for TSLA in the weeks ahead. 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: TSLA Organizations: Nvidia, TSLA, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: TSLA

☆ How to trade Carnival before earnings using options
▼ + stars: | 2024-06-24 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Both the dividend and debt levels have important implications for the stock's volatility, the price of options generally, and the relationship between the price of puts and calls. The trade All else equal, higher levels of corporate debt increase leverage and, therefore, the volatility of a company's equity. Carnival's options are nearly twice as expensive now as they were at the end of 2019, but the higher levels of debt justify higher prices. Typically, we do not recommend selling covered calls into earnings unless options prices are very high, as earnings provide a catalyst that can move a stock. In this case, an 8% implied move is substantial, but due to the high debt levels, it merely represents a fair price for the options.

Persons: Francis Scott Key Organizations: Management, CNBC, NBC UNIVERSAL Locations: Baltimore, Norfolk , Virginia

☆ ‘Catastrophic flooding’ in Upper Midwest prompts evacuations and rescues as record-breaking heat wave shifts to mid-Atlantic
▼ + stars: | 2024-06-23 | by ( Dalia Faheid | ) edition.cnn.com time to read: +6 min

Here’s the latest:• Heat wave shifts to mid-Atlantic: As heat alerts persist for over 100 million people over the weekend, the extreme heat risk will spread from the Ohio Valley on Saturday to the Mid-Atlantic on Sunday. Highs across the Ohio Valley and Mid-Atlantic have been 10 to 15 degrees above average. “An intense heat wave will continue across the Mid-Atlantic, where record high temperatures are likely,” the National Weather Service said Saturday. • Flooding prompts evacuations in Iowa: In Rock Valley, Iowa, all homes north of Highway 18 were evacuated amid high floodwaters Saturday. On Sunday, storms are possible across New England and southwestward though the Mid-Atlantic, Ohio Valley and Tennessee Valley, according to the weather service.

Persons: It’s, “, ”, Daniel Heitritter, Kim Reynolds, Regan Smith, Smith, Sioux Falls Mayor Paul TenHaken, TenHaken, Tim Walz, ” Walz, Andres Leighton Organizations: CNN, National Weather Service, Baltimore, Iowa Gov, •, Emergency, Sioux Falls Mayor, Saturday, Gov, Minnesota National Guard, FBI, Swiss Chalet, South, Storm Prediction Locations: New Mexico , Iowa, Minnesota, South Dakota, Ohio, California , Arizona, Utah, Baltimore, Washington, DC, Iowa, Rock Valley , Iowa, Spencer Saturday, • Iowa, Rock, Wisconsin, Sioux Falls , South Dakota, City, Sioux Falls, Sioux, Mexico, New Mexico, Ruidoso , New Mexico, New, New England, Mississippi Valley, Lakes, Mississippi, Atlantic, Ohio Valley, Tennessee, England, New Hampshire, Vermont

☆ F.B.I. Offers Reward for Information About New Mexico Wildfires
▼ + stars: | 2024-06-23 | by ( Alexandra E. Petri | ) www.nytimes.com time to read: +1 min

The Federal Bureau of Investigation is offering an award for information about two wildfires in southern New Mexico that left two people dead, prompted the evacuation of thousands and scorched more than 24,000 acres. The agency is offering up to $10,000 for information leading to the arrest and conviction of the “person or persons responsible for starting the fires” near the village of Ruidoso, N.M, the agency said in a statement. asked for the public’s help in identifying what sparked the blazes. Margot Cravens, a spokeswoman for the F.B.I.’s field office in Albuquerque, declined to comment on Sunday evening but confirmed that the agency was assisting with the investigation. The South Fork and Salt fires began on June 17 amid sweltering temperatures and were still burning on Sunday evening.

Persons: Margot Cravens Organizations: Federal Bureau of Investigation, Mescalero Apache, U.S . Forest Service Locations: New Mexico, Ruidoso, Albuquerque, U.S

☆ CDK Global says software outage will take several days to resolve
▼ + stars: | 2024-06-23 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

New York CNN —Retail software provider CDK Global says it will likely take several days for its software to be back online and operational, as the company grapples with a system outage that has paralyzed nearly 15,000 car dealerships across North America since Wednesday. The data provider’s software, which dealerships use to manage everything from scheduling to records, said Saturday it has begun restoring its software. Car manufacturer Ford told CNN it is working with dealers to set up alternative software systems and other workarounds. Several dealerships on the East Coast told CNN on Sunday they are manually filling out forms to process sales. One used car dealership told CNN it has been filing paperwork by hand and sending runners to the car registry with the paperwork.

Persons: CDK, Mike Stanton, Ford, they’re Organizations: New, New York CNN — Retail, CDK, CNN, Bloomberg, Dealers, National Automobile Dealers Association, East Coast, Sunday, Securities and Exchange Commission, Penske Automotive, Premier Trucking Group, Penske, SEC, Sonic Automotive, Premier Truck Locations: New York, North America, Eastern European, CDK, United States

☆ Can I even buy a car? What to know about the massive auto dealer outage
▼ + stars: | 2024-06-21 | by ( Ramishah Maruf | Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

New York CNN —CDK Global is ubiquitous in the auto dealership world – its software is used at 15,000 dealers. Here’s what the CDK Global outage means for both car sellers and shoppers. Post Memorial Day, “this presents increased opportunities for vehicle sales, service and, of course, revenue. It also means that it’s time to roll out your summer Sales and Service marketing campaigns.”Can I still buy a car? Ford also said its dealerships involved in the CDK outage have alternate ways to take care of customers.

Persons: There’s, it’s, CDK, Lisa Finney, ” Finney, aren’t, Jeff Ramsey, ”, Brian Benstock, Ramsey, Ford, ” Ford Organizations: New, New York CNN, CDK Global, CNN, Service, Ourisman Auto Group, Paragon Honda, Paragon Acura, Kia, Toyota, Dodge, Lincoln Locations: New York, United States, Canada, Maryland, Long Island City , New York, Ford

☆ Education Department looks to expand Public Service Loan Forgiveness eligibility
▼ + stars: | 2024-06-21 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

The U.S. Department of Education may extend the eligibility of a popular student loan forgiveness program to early childhood educators. The agency on Thursday announced that it was issuing a request for information on potentially broadening the Public Service Loan Forgiveness program to include workers in early childhood education settings, many of whom report low wages. "Early childhood educators help young children learn, grow, and thrive," said U.S. "If these educators can access Public Service Loan Forgiveness, we can help our youngest children, their families, and their communities." Including early childhood educators would likely expand the reach of the program to at least some for-profit employers.

Persons: Education James Kvaal, Kvaal, George W, Bush, Xers, Mark Kantrowitz Organizations: U.S . Department of Education, Education, Finance, Trump, Education Department

☆ S&P 500 levels to watch if troubling chart patterns in Nvidia and other tech mean a sell-off is near
▼ + stars: | 2024-06-21 | by ( David Keller | ) www.cnbc.com time to read: +5 min

Some concerning candle patterns for leading technology names have caused me to focus on potential downside targets for the S & P 500 . To be clear, this is a short-term pattern, and is really just intended to inform our thinking for the next couple trading sessions. The most important level to watch is S & P 5,200, which would represent about a 5% pullback from the recent market peak. A move below S & P 5200 would cause me to revisit long positions and start to raise cash due to an elevated risk of a correction. If and when the S & P pushes below 4950, I would be positioned way more defensively, waiting for some signs of accumulation to emerge.

Persons: I've, David Keller Organizations: Nvidia Corp, Semiconductor, Nvidia, Micron Technology, CMT, CNBC, NBC UNIVERSAL

☆ Three under-the-radar tech stocks poised for a breakout, according to the charts
▼ + stars: | 2024-06-20 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

But investors focusing on those big three may be missing some compelling breakouts in the sector, according to the charts. Microsoft is up a pedestrian 10% since then, but combined, they've helped propel the SPDR Technology ETF (XLK) to a new all-time high. Indeed, there's nothing wrong with riding a trend, but many times a long uptrend starts with a pattern breakout. And starting in 2023, the following combination has produced the best results: rallying from a higher low as the stock's 14-day Relative Strength Index bottoms near 50. It's never perfect, but this setup has presented favorable risk-reward scenarios more often than not, and each ensuing bounce eventually resulted in higher highs.

Persons: they've, ROP, it's, It's, Frank Cappelleri Organizations: Nvidia, Apple, Microsoft, SPDR Technology, Roper Technologies, Technology Locations: Here's

☆ An options bet that wins if this payments stock has finally bottomed
▼ + stars: | 2024-06-20 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

After peaking back in July of 2021, the stock has declined nearly 80% and has spent the last 12 months forming a bottoming formation and has stabilized its decline. The question is, when is the stock potentially ready to breakout higher? Now if we examine the fundamentals, the business has started to look more compelling over the past couple of quarters. The trade Based on the implied volatility, options are not particularly cheap or expensive, but the skew benefits selling a put credit spread. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: PYPL Organizations: PayPal Locations: PYPL

☆ AI could become a lawyer's greatest help in the courtroom
▼ + stars: | 2024-06-20 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +8 min

Courtesy of Danielle BeneckeA lawyer's copilotFounded in 1949, Baker McKenzie has over 6,500 lawyers working in 70 offices worldwide. The firm's work building generative AI to produce legal draft advice for high-volume employment-law questions recently won an award from Law.com. Courtesy of Jake HellerAI won't replace lawyersThere's another fear likely to push lawyers toward AI: other lawyers. Lawyers might also turn to AI to address a force meant to tame AI: regulation. "I think in three to five years, not using AI for legal work will be tantamount to refusing to use online search for legal work today," Ziniti said.

Persons: Michael Cohen, Donald Trump, Cohen, isn't, Danielle Benecke, Baker McKenzie, Benecke, Cecilia Ziniti, It's, copilot, Ziniti, Cecilia Ziniti Ziniti, CoCounsel, CoCounsel isn't, Jake Heller, Thomson, Heller, they'd, it's Organizations: Google, Law.com, Federal Trade Commission, Microsoft, AI's, IBM, CoCounsel, Thomson Reuters, Times, American Bar Association

☆ How to keep participating in a stock's rally if you're getting concerned about valuation
▼ + stars: | 2024-06-20 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

ARM Holdings (ARM) offers several technologies instrumental in AI applications, notably its advanced processor designs and intellectual property. Operationally ARM Holdings is very well positioned. In this case, ARM Holdings is currently valued at about $174 billion, more than 56 times trailing 12 months revenues, and recent price action in particular looks extended. This would provide about $27 worth of upside from here, while providing $40 worth of downside insurance in the event that ARM Holdings pulls back. For example the $140/$175/$200 call spread risk reversal here incurs the risk of owning the stock at $140/share.

Persons: isn't Organizations: ARM Holdings, ARM

☆ Microplastics discovered in human penises for the first time
▼ + stars: | 2024-06-19 | by ( Jack Guy | ) edition.cnn.com time to read: +5 min

CNN —Scientists have found microplastics in human penises for the first time, as concerns over the tiny particles’ proliferation and potential health effects mount. Microplastics are polymer fragments that can range from less than 0.2 inch (5 millimeters) down to 1/25,000th of an inch (1 micrometer). Ramasamy said he wasn’t surprised to find microplastics in the penis, as it is a “very vascular organ,” like the heart. Seven different types of microplastics were detected, with polyethylene terephthalate (PET) and polypropylene (PP) the most prevalent, according to the study. “We need to identify whether microplastics are linked to ED and if there is a level beyond which it causes pathology and what types of microplastics are pathologic,” he said.

Persons: Ranjith Ramasamy, Ramasamy, wasn’t, ”, ” Ramasamy, Toxicologist Matthew J, Campen, ” Campen, Leonardo Trasande, don’t, Trasande Organizations: CNN —, University of Miami, CNN, University of New, “ Plastics, NYU Langone Health, American Academy of Pediatrics Locations: University of New Mexico, Albuquerque

☆ Prevent low back pain with this simple lifestyle change
▼ + stars: | 2024-06-19 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

Low back pain affects at least 619 million people worldwide, and that number is expected to increase to 843 million people by 2050, according to research estimates. Unfortunately, nearly 70% of people who recover from an episode of low back pain have a recurrence within a year, experts say. Yet there is an easy, free way to prevent low back pain, at least for a while, according to a new randomized clinical trial. People in the study who walked regularly after having at least one episode of low back pain were pain free nearly twice as long as those who did not. “We also discussed simple strategies to reduce the risk of a recurrence of low back pain and instructions on how to self-manage any minor recurrences.

Persons: ”, Mark Hancock, ” Hancock, Hancock, “, Natasha Pocovi, ” Pocovi, ” Ward, Lynn Millar, ” Millar, Millar Organizations: CNN, Macquarie University, Macquarie, physiotherapists, Winston, Salem State University Locations: Sydney, Nes, Winston, Salem , North Carolina

☆ Parents should let go of guilt over screens, an expert says
▼ + stars: | 2024-06-19 | by ( Matt Villano | ) edition.cnn.com time to read: +10 min

But what about the guilt parents feel from letting their kids use screens? Their research focused parental guilt over letting their kids use screens more than developmental psychologists say they should. Not surprisingly, parents who feel guilty about their kids’ screen use are more stressed and less likely to report positive relationships with their kids, according to the data. CNN recently talked with Walter about his research, how parents can change their thinking about kids’ screen use, and the impact of screen time guilt on the family system. CNN: What is the trickle-down impact of parents feeling guilt over screen time?

Persons: Nathan Walter, Walter, It’s, Covid, There’s, you’re, Jonathan Haidt, I’m, ‘, there’s, Let’s, Matt Villano, Read Organizations: CNN, US, New York University, Northwestern University, Media, don’t Locations: Haidt, Northern California, whalehead.com

A Massacre Threatens Darfur — AgainDarfur SUDAN El FasherA civil war is ripping apart Sudan, one of Africa’s largest countries. Yet a New York Times examination of satellite imagery and video from El Fasher make one thing clear:The assault is intensifying. DARFUR R.S.F. Whole neighborhoods were razed, similar to the destruction in parts of southern and eastern El Fasher in recent months. “The videos from El Fasher could become critical evidence in future trials for crimes in Darfur.”

Persons: Sudan’s, Al Salam, Abu Shoak, El Fasher Al Salam, Abu, Mohamed Zakaria, Thomas van Linge, —, Mellit, El Fasher, ”, El, El Geneina, Janjaweed, Linda Thomas, Greenfield, Ali Yagoub Gibril, Al Zeer Salem, Fasher, Matthew Gillett, “, ” Mr, Gillett Organizations: Fighters, Rapid Support Forces, . Security, New York, El, Sudanese, Al Salam Camp, Camp, Reuters Fighters, Yale, Research, —, Times, Centre, Information Resilience, Mellit El, Support Forces, Google, ”, Islamic Relief, United Nations, The Times, U.S . Treasury, Broadcasting, University of Essex Locations: Darfur, SUDAN El Fasher, Sudan, El, DARFUR, El Fasher, East Darfur, Sudan’s, Chad, El Geneina, American, Spain, Central Darfur

☆ Jeff Bezos weighs in on the chaos gripping his newspaper
▼ + stars: | 2024-06-19 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "The journalistic standards and ethics at the Post will not change," Bezos wrote in the email, which was obtained by Business Insider and reported earlier by CNN. This story is available exclusively to Business Insider subscribers. Bezos bought the Post for around $250 million in 2013, but the Times reported the newspaper had $100 million in losses in 2023.

Persons: —, Jeff Bezos, Bezos, Will Lewis, Lewis, Robert Winnett, William, Sally Buzbee, Matt Murray Organizations: Service, The Washington Post, Business, CNN, News Corp, New York Times, Sunday Times, BI, Post, Times, Wall Street, The

☆ A bearish options trade on a travel stock running up against resistance
▼ + stars: | 2024-06-18 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

The stock price is stalling near resistance around the $128 price level and I have a bearish options trade to capitalize on it. To further confirm a bearish bias on EXPE, I am using 3 technical indicators in the chart below: RSI (Relative Strength Index): As a stock climbs up, the Relative Strength Index (RSI) gauges the strength of the trend. DMI (Directional Movement Index): When the DI+ (green line) is above DI- (red line), the stock is in an uptrend. The Trade Setup: A Bear Put Spread I am using a “bear put spread” as my trade structure here. Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you.

Persons: EXPE, ADX, Nishant Pant Organizations: Expedia, RSI

☆ Meta poised for another breakout, according to the charts
▼ + stars: | 2024-06-18 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Meta (META) is about 5% from all-time highs and technically set up for a move to break to a new record. Since then during its 'year of efficiency' free cash flow has been built back to about $11-$13 billion per quarter for a yearly cash flow of about $50 billion. Meta is already making significant progress as its AI-generated content recommendation systems on Instagram Reels has made sharing among users increasingly popular. Analysts are expecting Meta to grow earnings by 14% for the next two years and revenues by about 12%. -Todd Gordon, founder of Inside Edge Capital, LLC DISCLOSURES: (Gordon owns META personally and in his wealth management company Inside Edge Capital Management, LLC Charts.)

Persons: we've, Todd Gordon, Gordon Organizations: Inside Edge, Reality Labs, Meta, Nvidia, Apple, Alpha, Inside Edge Capital Management

☆ A lower-risk and lower-cost way to play increased electricity usage around the country
▼ + stars: | 2024-06-17 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

I'll review a way to play increased electricity use as electric vehicle adoption progresses around the country. Eversource Energy (ES) , a public utility holding company, operates in the electric distribution, electric transmission, natural gas distribution, and water distribution segments. It is involved in transmitting and distributing electricity, solar power facilities, and natural gas distribution. Eversource Energy was incorporated in 1927 and is headquartered in Springfield, Massachusetts. ES 1Y mountain Eversource Energy, 1-year The stock hasn't traded particularly well recently, but that may present an opportunity.

Persons: I've Organizations: California Air Resources Board, Nvidia, Eversource Energy, Utilities, Energy Locations: California, United States, Los Angeles, Connecticut , Massachusetts, New Hampshire, Springfield , Massachusetts

☆ It's the hottest stock in the S&P 500 this month. When the charts say it's time to sell
▼ + stars: | 2024-06-17 | 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: AVGO, Katie Stockton Organizations: Broadcom Inc, Nvidia, Fairlead, CNBC Pro, Securities Locations: AVGO

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