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We saw another EMA crossover in May, signaling the end of the pullback and the start of a new bull run. July 2023 : Although the majority of the current correction unfolded in August, the EMA crossover signal had already appeared in July. For example, in May 2023, waiting for the EMA crossover would have meant missing out on 4.6% of the move. The trade setup: QQQ bull call spread To take a bullish trade on QQQ, I will be using a trade structure called a "bull call spread." For example, if QQQ is trading at $440 at the time of the EMA crossover, one could consider buying a 440-441 call spread.
Persons: bullish, Nishant Pant Organizations: Nasdaq, Corrections, Trust, EMA, ITM, CNBC, NBC UNIVERSAL Locations: QQQ
Nvidia rocketed to the top of the tech industry by providing the computer chips essential to building artificial intelligence. By the end of last year, it had more than a 90 percent share of those chips sold around the world. Nvidia wasn’t ready for the attention, and is now racing to build the staffs and offices needed to respond. Just last year, Nvidia started searching for an office in Washington and hired four public policy employees. And it has begun developing a strategy to respond to government interest.
Persons: Nvidia rocketed, Nvidia wasn’t Organizations: Nvidia, European Union Locations: Britain, China, Washington
The S & P 500 5,350 puts I discussed are trading nearly $170 as I write this, up ~ $12,000 per contract. This is even though the S & P 500 is down only 2.3% since I wrote that article over a month ago. One could roll those options down and out to the September 5200/4500 S & P 500 put spread which costs about $100. If you didn't read the earlier article, here are the components of a long put spread, sometimes referred to as a "Bear Put Spread." In periods of high implied volatility, option premiums are generally higher because the market anticipates larger price movements.
Persons: It's, Joe Biden, Kamala Harris, it's, Trump Organizations: Starbucks, CNBC, NBC UNIVERSAL, ~ $, & $ $
Prepare for a new high-volatility market regime
  + stars: | 2024-08-05 | by ( Katie Stockton | ) www.cnbc.com   time to read: +8 min
A spike in the VIX of this magnitude has not occurred since 2020, when the COVID-19 related decline in the S & P 500 was maturing. We believe another high-volatility regime is upon us, with the prolonged low-volatility regime that preceded it coming to an abrupt halt. If our long-term trend following measures were to deteriorate behind the S & P 500, we would be more inclined to reduce exposure. A rebound in the S & P 500 (i.e., a VIX pullback) can be used to hedge partial exposure from a top-down perspective. Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only.
Persons: It's, Katie Stockton Organizations: CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities
Why female friendships can be so fragile
  + stars: | 2024-08-04 | by ( Terry Ward | ) edition.cnn.com   time to read: +9 min
CNN: What makes women feel close, platonically, and why can our relationships feel so fragile? The three things that make women feel very close and connected are support, symmetry and secrecy, which I call the three affinities of female friendship. These are also the things that can make our friendships feel fragile. 1 thing women look for in their same-sex friendships is emotional support. And because of that courage, I’ve noticed my own friendships feel a lot more satisfying.
Persons: Danielle Bayard Jackson, Jackson, ” Jackson, sociolinguistics, Shaniya Clarke, We’re, it’s, , I’ve, , I’m, you’re, that’s, Terry Ward Organizations: CNN, Research, Hachette Locations: Florida, Tampa
My husband converted to Christianity two years before our wedding, so we had a Christian wedding ceremony. “If it is a larger wedding, you might only be able to tell the couple how beautiful the wedding is and move on,” she said. The couple are balancing difficult roles as both the guests of honor and hosts of their wedding, Kuehl said. “The most important thing parents need to do is … realize this wedding is in no way about them,” she said. “You are there to facilitate and help, so your children can get married and have a lovely wedding — most importantly, the wedding they wanted.”
Persons: , Sherry Kuehl, , Kuehl, Lizzie Post, Emily Post’s, ” Kuehl, Post, Jesus, doesn’t, Myka Meier, ” Meier, don’t, Meier, videographers, , Organizations: CNN, The Kansas City Star, Emily Post, Beaumont Locations: United States, New York City
“I think you were trying to roast me, but this is actually fact — I do have a BMI of 30. Critics say the term BMI has become a societal judgment by lumping individuals into arbitrary categories that perpetuate misconceptions about body weight. “She could easily say, ‘I am in perfectly good health, so just take your BMI of 25 and shove it.’”That’s exactly the scenario facing Maher. Conversely, BMI can underestimate body fat in older adults and anyone who has lost muscle, according to the Harvard T.H. There is a movement in the medical profession to move away from crude BMI measurements in clinical practice.
Persons: Ilona Maher, , Maher, , you’re, Christophe Petit Tesson, Shutterstock Maher, I’ve, that’s, Thomas Wadden, it’s Organizations: CNN, USA, Olympic, Olympics, BMI, Team USA, Australia, Perelman School of Medicine, University of Pennsylvania, Perelman’s, Harvard, of Public Health, American Medical Association Locations: TikTok, Chan, Boston
CNN —Defense Secretary Lloyd Austin abruptly revoked a plea deal for the alleged mastermind of the September 11, 2001, terror attacks and his co-conspirators, and he relieved the overseer in charge after years of effort to reach an agreement to bring the cases to a close. Prosecutors in the case had been discussing the possibility of a plea deal for more than two years, which would have avoided a lengthy trial complicated by questions over the admissibility of evidence obtained during torture. The US had said it would seek the death penalty for Mohammed. US criminal courts for decades have dealt with high profile terror trials, including with death sentences, which Holder had authorized. “They were dealt a bad hand by political hacks and ideologues who lost faith in our justice system.
Persons: Lloyd Austin, Austin, Khalid Sheikh Mohammed, Walid Bin ‘ Attash, Hawsawi –, Susan Escallier, ” Austin, Mohammed, , Brett Eagleson, Democratic Sen, Richard Blumenthal, ” Sen, Lindsey Graham, , George W, Bush, Eric Holder, Barack Obama’s, Holder, ” Holder, Daniel Pearl, ideologues, CNN’s Manu Raju, Morgan Rimmer Organizations: CNN —, Pentagon, Prosecutors, Democratic, Richard Blumenthal of Connecticut, CNN, South Carolina Republican, Wall Street Journal Locations: Guantanamo, Pearl, Richard Blumenthal of, Manhattan, Pakistan
As families shop for school supplies, how should they prepare for the spread of viruses and other diseases? Dr. Leana Wen: Historically, respiratory illnesses peak later in the year when the weather gets cooler. CNN: As families shop for school supplies, should they also pick up Covid tests or medications to treat respiratory illnesses? Despite using these and other preventive measures, it’s likely that kids will contract respiratory viruses many times during the school year. Which means adults would also do well to prepare for what happens if we get sick — and take preventive measures accordingly, too.
Persons: CNN — It’s, Leana Wen, Wen, It’s Organizations: CNN, George Washington University, US Centers for Disease Control, CDC, Getty Locations: United States
I want to embrace this turbulence and use options to create income and potentially get long the broader market at lower levels. Risk happens fast, and investors have recently been conditioned that markets only go up with the impressive rally grinding higher since last November in the S & P 500. .SPX 1Y mountain S & P 500, 1-year The highly liquid ETF that tracks the S & P 500, the SPDR S & P 500 ETF Trust (SPY) , was up nearly 35% (mid-July) from last November. This move forced many bears on Wall Street to capitulate and many malleable analysts to quickly reconfigure their end of year S & P 500 targets substantially higher. The trade With the S & P now down 5% from mid-July recent highs, I look at this acute move lower as a buying opportunity.
Persons: Warren Buffett Organizations: Trust, CNBC, NBC UNIVERSAL
CNN —Maybe a hug from a parent no longer solves problems for a teen as it did in their childhood. But when it comes to teenage mental health, adults can do a lot to help, according to new data. The survey found that 1 in 6 parents have a hard time comforting and communicating with their teen. ridvan_celik/E+/Getty ImagesThe worsening mental health and rising stakes of teens often puts parents in a difficult place. That scenario is why it’s important for parents and caregivers to have their own mental health resources, said Dr. Whitney Trotter, a doctor of nursing practice, psychiatric and mental health nurse practitioner and registered dietitian in Austin, Texas.
Persons: , Lisa Damour, , Damour, Stephanie Marken, Whitney Trotter, Laurence Steinberg, , they’ll, ” Damour, Marken, Trotter, ” Marken, “ It’s Organizations: CNN, Walton Family Foundation, Gallup, Adolescents, Social, Temple University, Locations: Ohio, Austin , Texas, Philadelphia
After reaching a peak around $320 in July 2023, META spent four solid months bouncing between price support around $280 and retesting the July peak. With this week's earnings beat, we'll likely see META test the upper end of this new trading range. Here we can see the recent trading range in much better context, but we can also see weakening momentum conditions. The declining momentum on the weekly chart suggests a serious headwind to META's attempt to break out of its recent trading range. The 2023 range was finally eclipsed once we saw an upside break above a clearly defined resistance level.
Persons: we'll, David Keller Organizations: Meta, CMT, CNBC, NBC UNIVERSAL
Over the past couple of weeks, energy stocks have outperformed as investors have moved away from technology, consumer discretionary and, well, everything else. I'll breaking down my market view and then describe a possible trade on a big energy stock into earnings. Several energy companies, including the three largest US-based integrated oil companies, report earnings this week. Exxon is up slightly this week as oil inches higher on Middle East tensions. XOM YTD mountain Exxon, year-to-date Crude prices and energy stocks are, technically, mixed bags.
Persons: I've, Brent, that's Organizations: Exxon Mobil, Chevron, Exxon, CNBC, NBC UNIVERSAL
CNN —Alleged Sinaloa cartel cofounder Ismael “El Mayo” Zambada appeared Thursday in federal court in Texas for his latest hearing since his arrest a week ago in an intrigue-packed case centered on one of the world’s most powerful and deadly drug trafficking organizations. He was arrested the prior day in El Paso alongside Joaquín Guzmán López, the 38-year-old son of infamous cartel boss and founder Joaquin “El Chapo” Guzman. The scene outside the courthouse in El Paso showed a heavy security presence, with federal agents and bomb-sniffing dogs patrolling the perimeter. Attorney Jeffrey Lichtman’s assertion raised new questions about why Guzmán López flew to Texas if he had no cooperation agreement with American authorities. “Joaquín Guzmán López forcibly kidnapped my client,” attorney Frank Pérez said in a statement.
Persons: Ismael “ El, Ismael “ El Mayo ” Zambada, Zambada, Joaquín Guzmán López, Joaquin “ El Chapo ” Guzman, , Anne Milgram, Guzmán López, Jeffrey Lichtman’s, , Frank Pérez, Christopher Wray, “ Zambada Garcia, Ismael, El, Jose Luis Gonzalez, he’s, El Chapo, boss’s, Oseguera, Zambada’s, that’s, Guzmán, El Chapo’s, CNN’s Eric Levenson, Emma Tucker, Polo Sandoval, Evan Perez, Nicole Chavez, Cheri Mossburg, Christina Zdanowicz Organizations: CNN, Ismael “ El Mayo, US, DC, US Justice Department, Justice Department, Drug, US State Department, ” Police, Reuters, of, Zambada, Jalisco New, , Congressional Research Service Locations: Sinaloa, Texas, El Paso, New York , California , Texas , Illinois, Washington, United States, Mexico, Chicago, Joaquín, Illinois, El Mayo, Eastern, of New York, Jalisco, Zambada
But good habits and a well-established routine can help you make the choices you are trying to stick to, she told CNN earlier. Habits are behaviors people engage in without conscious thought and are reinforced through repetition, social psychologist Wendy Wood told CNN in a previous article. Try to sleep better: Babies and young children often have a specific routine every night to help them sleep better — maybe it’s a bath, a few books, a song and a snuggle. Grown-ups need that, too, clinical psychologist and sleep expert Michael Grandner told CNN earlier. If you want more impactful wellness habits you can build into your routine, look for more CNN articles every week this National Wellness Month covering sleep, exercise, food and mindfulness.
Persons: Let’s, it’s, Katy, James G, Dinan, Wendy Wood, Michael Grandner, I’ll, , they’ll, , Nitat, Steph Grasso, dietitian, Grasso, Rosamund Dean, Adam Smiley Poswolsky, ” Poswolsky Organizations: CNN, Wellness, Wharton School, University of Pennsylvania, US Centers for Disease Control, World Heart Federation, Research
But addressing 14 risk factors over the course of one’s life — starting in childhood — could prevent or delay nearly half of cases, according to a large report by 27 dementia experts. “The progress in preventing and treating dementia is accelerating.”The initial 12 risk factors were linked with 40% of cases, but the new report suggests addressing the 14 risk factors could help eliminate or delay 45% of dementia cases, said Livingston, a professor of psychiatry of older people at University College London. This “critical” update calls attention to two risk factors that preventive neurologist Dr. Richard Issacson says his clinical practice has been evaluating for over a decade. Influencing brain functionThe report doesn’t establish with certainly that these risk factors directly cause dementia, experts said. But other research has provided theories on the link between these vulnerabilities and dementia risk.
Persons: CNN —, , Dr, Gill Livingston, Livingston, Richard Issacson, Isaacson, wasn’t, It’s, Klaus Ebmeier, Ebmeier wasn’t, ” Livingston, Glen R, Finney, Alzheimer’s, Susan Kohlhaas, Kohlhaas, , ” Finney Organizations: CNN, Lancet, University College London, University of Oxford, American Academy of Neurology, Alzheimer’s Research Locations: midlife, Florida, Wilkes Barre , Pennsylvania,
The Real Estate Select Sector ETF (XLRE) is the worst performing sector ETF in 2024, up about 3.5% right now. The ETF is net-flat going all the way back to September '22. But, it has been the best sector ETF in July, with a monthly gain of nearly 8%. The answer is a resounding yes… if the breakout in the SPDR S & P Homebuilders ETF (XHB) to new highs is any indication. And if rates are going to keep declining, then XLRE will have a strong tailwind to potentially catch up to XHB once again.
Persons: XLRE hasn't, XLRE, XHB, Frank Cappelleri Organizations: Federal Reserve, CNBC, NBC UNIVERSAL
Holland America Line has its standby program, where travelers can sign up for last-minute cruises for as little as $99 a day. AdvertisementDoing so helps me get great deals — I've gone on new ships for cheap and cruises that cost as little as $60 a day. Here are my secrets to finding great last-minute prices on cruises. Sign up for a cruise line's loyalty programThe more you sail, the more perks you get. I've seen a lot of people share great deals they've found and tips for scoring discounts.
Persons: , — I've, I've, Peggy Cleveland Last, Peggy Cleveland, they've, Alaska didn't Organizations: Service, Holland America, Business, Disney, Alaska itineraries, Facebook, Costco, AARP Locations: Port, Seattle, Alaska, East Coast, Port Canaveral, Florida, Holland America, Holland
As oil rebounds following oversold conditions, it provides an opportunity for buyers to step in, especially with the potential for geopolitical tensions to rise. And one energy stock that looks set up to potentially break out is Phillips 66 (PSX) after largely trading in a range since February. However, it is now just starting to break out from that trading range and starts to target the $170 highs as upside targets. With a higher debt to equity ratio, PSX has a higher implied leverage than its peers, which provides a higher upside potential if oil prices recover from its recent pullback. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Phillips, PSX Organizations: CNBC, NBC UNIVERSAL
Using options to try to catch the bottom in CrowdStrike
  + stars: | 2024-07-30 | by ( Nishant Pant | ) www.cnbc.com   time to read: +4 min
This drop in such a short period seems overly exaggerated, and I'm on the lookout for signs of a bounce to initiate a bullish trade on CRWD. DMI (Directional Movement Index): The DMI is composed of three lines: DI+ (green line), DI- (red line), and ADX (blue line). When the DI- (red line) is above the DI+ (green line), it indicates a downtrend. Note that both DI- and DI+ are changing direction, which provides the first indication of a possible trend change. The Trade To take a bullish trade on CRWD, I'm using a trade structure called a "bull call spread."
Organizations: Microsoft, Apple, Nasdaq, RSI, CNBC, NBC UNIVERSAL Locations: CRWD
Image A photo of Fuad Shukr, from a wanted poster released by the U.S. State Department. Rewards for Justice, via Associated PressIt was not immediately clear whether Mr. Shukr, also known by his nom de guerre al-Hajj Mohsin, survived the Israeli assassination attempt. Assaf Orion, a retired Israeli brigadier general, described Mr. Shukr as “an experienced veteran” who had worked intensively to develop Hezbollah’s precision-guided missile apparatus. Analysts say the munitions are a particular concern for Israeli military planners. “It’s kind of run by committee, but Fuad Shukr is more or less first among equals,” he said, adding that Mr. Shukr reported directly to Mr. Nasrallah.
Persons: Fuad Shukr, Shukr, guerre, Hajj Mohsin, , Hassan Nasrallah, Mustafa Badreddine, Assaf, Matthew Levitt, Mohanad Hage Ali, Mr, Levitt, , Nasrallah, Ronen Bergman Organizations: U.S, U.S . State Department . Credit, Justice, Associated, The State Department, Hezbollah, Washington Institute for Near, Carnegie Middle East, Israel Locations: Beirut, Golan, Syria, American, Israeli, Lebanon
CNN —Joaquín Guzmán López, the son of the former Sinaloa cartel boss Joaquín “El Chapo” Guzmán, is set to appear in federal court in Chicago Tuesday, just days after he was taken into American custody in a stunning arrest full of international betrayal and intrigue. The court appearance comes after Guzmán López, 38, and Ismael “El Mayo” Zambada, the cartel’s alleged co-founder, were arrested Thursday by US authorities in El Paso, Texas. US law enforcement officials told CNN the arrest came after Guzmán López duped Zambada and orchestrated their arrest. “Joaquín Guzmán López forcibly kidnapped my client. Details on the operation were also highly restricted within the US government until Zambada and Guzmán López were taken into custody, the source said.
Persons: López, Joaquín “, Guzmán, El Chapo –, , Joaquín, , Jeffrey Lichtman, Guzmán López, Ismael “ El, Ismael “ El Mayo ” Zambada, Zambada, Frank Pérez, Andrés Manuel López Obrador, Anne Milgram, El Chapo, , Christopher Wray, ” Zambada, “ Ismael Mario Zambada Garcia, Zambada Garcia, “ Zambada Garcia, El Chapo’s, Zambada’s, Vicente Zambada Niebla Organizations: CNN, US Justice Department, Ismael “ El Mayo ”, US Drug Enforcement Administration, Congressional Research Service, FBI, US State Department, Justice Department Locations: Sinaloa, Chicago, Illinois, El Paso , Texas, El Paso, Mexico, Joaquín, United States,
Read previewWarning: Major spoilers ahead for season two, episode seven of "House of the Dragon," and "Fire and Blood." But it does sound like one of King Jahaerys' children — Princess Saera Targaryen. AdvertisementKieran Bew and Ellora Torchia as Hugh and his wife in "House of the Dragon" season two. Ollie Upton/HBOSaera Targaryen was Jahaerys and Alysanne's ninth childSaera was one of King Jaeharys I and Queen Alysanne's children. Hugh Hammer was introduced in the first episode of "House of the Dragon" season two.
Persons: , it's, Hugh Hammer, Ulf, Baelon, Viserys, King Jahaerys, Saera Targaryen, Kieran Bew, Ellora Torchia, Hugh, Ollie Upton, Targaryen, Saera, King Jaeharys I, Alysanne's, George R.R, Martin, King Jaehaerys, Alysanne, Queen Alysanne, Jaehaerys, Essos, Ryan Condal, Bew, we'll, he's Organizations: Service, Business, HBO Locations: Lys, Westeros, Volantis, Essos
To start let's examine the 200-day moving average on the daily chart below shown as a dashed blue line. Looking back to the most recent correction in April, that was the support level of the price-to-moving average spread: 34%. We could be approaching a support level based on this analysis. This could occur by price continuing to move lower along with the moving average trending higher as the recent higher price readings factor into the average. The 50-day moving average of the daily volume totals is clearly in a decline since April.
Persons: Steve Eisman, Eisman, We're, Todd Gordon, Gordon, NVDA Organizations: CNBC, Nvidia, Jan, Edge, Inside Edge, NBC UNIVERSAL Locations: NVDA
CNN —Israel says it has killed Hezbollah’s most senior military official, Fu’ad Shukr, in a drone strike in the southern suburbs of Beirut, a populous neighborhood that is also the Iran-backed group’s stronghold. Fu'ad Shukr Rewards for JusticeWhatever the fate of Shukr, Wednesday’s strike is the most serious Israeli escalation since confrontations between Hezbollah and Israel began on October 8. The developments have raised the specter of an all-out war between Lebanon and Israel that could extend beyond the borders of both countries. Nasrallah has repeatedly threatened to hit Tel Aviv in response to any Israeli strike on Beirut, a move that would thrust the two countries, and the region, into uncharted waters. How long this highly calibrated tit-for-tat can go on for before the region spirals into an unprecedented war is anyone’s guess.
Persons: CNN — Israel, Hezbollah’s, Fu’ad Shukr, Mustafa Badreddine, General Hassan Nasrallah, Fu'ad, Shukr, Israel, Majdal Shams, Nasrallah, CNN’s Ben Wedeman, Abdullah Bou Habib, Organizations: CNN, group’s, Tel, Popular, Units, Lebanon’s Locations: Beirut, Iran, Syria, Majdal, Golan, Lebanon, Israel, Tel Aviv, Gaza, Yemen, Iraq, Tehran
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