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☆ First ATACMS, now Storm Shadows: long-range Western missiles are raining down on Russia for the first time
▼ + stars: | 2024-11-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

AdvertisementUkraine has long been restricted from using Western missiles to strike inside Russia. Kyiv has since used both ATACMS and Storm Shadow missiles to hit targets on Russian soil. Ukraine is finally using its powerful, longer-range Western missiles to strike targets inside Russia after waiting over a year for permission. AdvertisementUkraine fired a volley of at least 10 Storm Shadow missiles into Russia, The Wall Street Journal reported, citing Ukrainian and Western officials. Ukraine long pressed its Western partners to allow it to fire Storm Shadow missiles across the border into Russia.

Persons: Joe Biden, Lockheed Martin, Volodymyr Zelenskyy, JUSTIN TALLIS, Donald Trump Organizations: Storm, Street Journal, UK, Storm Shadow, North Korean, Defense Express, Euromaidan Press, NATO, Army Tactical Missile Systems, Ukraine's, Artillery, South Korean Defense Ministry, Getty, MBDA, Ukraine, Shadow, US, White Locations: Ukraine, Russia, Kyiv, Russia's, Bryansk, Russia's Kursk Oblast, Kursk, Britain, France, North Korea, Russia's Kursk, Ukrainian

☆ How to capitalize on the November dip-buying opportunity in gold
▼ + stars: | 2024-11-19 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

The SPDR Gold Shares (GLD) has shown remarkable strength in 2024, soaring 40% between January and October. For those who missed the rally, November offers a potential opportunity as GLD has pulled back 8% from its all-time highs, creating a dip-buying scenario. 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.

Persons: GLD, Nishant Pant Organizations: RSI, CNBC, NBC UNIVERSAL Locations: GLD

☆ Intra-Africa trade could double in next five years, says Secretary General of African Continental Free Trade Area
▼ + stars: | 2024-10-07 | by ( Nell Lewis | ) edition.cnn.com time to read: +8 min

CNN —Africa is home to the world’s largest free trade agreement, in terms of number of countries, territory, and population – the African Continental Free Trade Area (AfCFTA). According to the Economic Commision for Africa, African countries continue to trade with the rest of the world more than among themselves. Aliko Dangote has been talking about the fact that he needs 35 visas to travel across the African continent. WM: It’s a significant barrier and constraint to intra-Africa trade and intra-Africa investment. I think we can double intra-Africa trade in the next five years, provided we introduce the tools that are required.

Persons: CNN’s Eleni Giokos, Wamkele Mene, Eleni Giokos, Wamkele, it’s, Mene, Aliko Dangote, It’s, I’ve, it’ll Organizations: CNN, Continental Free Trade Area, Union, EG, Continental Free Trade, CNN EG, African Continental Free Trade Area, European Union, Africa can’t, Democratic Locations: Africa, Kigali, Rwanda, Angola, Zambia, Democratic Republic of Congo, Central Africa, Eastern Africa, Northern Africa, –

☆ How to factor in Social Security benefits when saving for retirement
▼ + stars: | 2024-10-02 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

Today, on average, Social Security benefits may replace about 40% of a person’s pre-retirement income assuming they start collecting benefits at their full retirement age. To be in those categories your earnings are often at or near the annual maximum income subject to the Social Security payroll tax. If you had to replace $24,000 in Social Security benefits, you might need a $600,000 portfolio. If you have no idea what Social Security benefits are promised to you under current law, get an official estimate based on your average career earnings to date from the Social Security Administration. Or …17% in 2035: The cut could be reduced and delayed until 2035 if the Social Security retirement trust fund is merged with its trust fund for disability benefits.

Persons: Mari Adam, Adam, you’ll, Shai Akabas, ” Akabas, ” Adam, you’re, don’t, “ You’re, ” Organizations: CNN, Social Security, Security, Social Security Administration, Center, Social, IRA

☆ Ukraine's new F-16s will have a longer strike range than ATACMS if the US ends up sending this stealthy missile
▼ + stars: | 2024-09-06 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Recent reports have said that the US is deciding whether to transfer AGM-158 Joint Air-to-Surface Standoff Missiles, or JASSMs, to Ukraine. These high-profile weapons would give Kyiv a significantly farther strike range than any other Western munitions it has in its arsenal. As is, it still restricts the country from using its powerful US-provided tactical ballistic missiles to strike military targets inside Russia. A US Air Force F-16 before releasing a Joint Air-to-Surface Standoff Missile. With that range, JASSMs would also surpass the range of ground-launched US-provided MGM-140 Army Tactical Missile Systems, also known as ATACMS, which have the longest reach of any munition Washington has sent Kyiv so far.

Persons: —, Biden, JASSMs, hasn't, Lockheed Martin, they've, Aaron Hill, Mike Torrealday, Vincent Aiello Organizations: Service, Business, Politico, Reuters, Pentagon, DoD, US Air Force, Squadron, Lockheed, MGM, Tactical Missile Systems, Washington, Kyiv, Aaron, West, Former, Ukraine, Navy, Russia Locations: Ukraine, Russia, Kyiv, Britain, France, Russian, Crimean, Washington, Former American

☆ Drugmakers at fault over toxic cough syrup, Indonesia court finds
▼ + stars: | 2024-08-23 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

Jakarta, Indonesia Reuters —An Indonesian court ordered two local companies to pay up to 60 million rupiah ($3,850) to each family whose children died of an acute kidney injury or were seriously injured after consuming toxic cough syrup. In late 2022, more than 20 families launched a civil suit against the agency, the health ministry, and several companies. The health ministry and the BPOM were cleared of wrongdoing. Last year, a criminal court found East Java-based drugmaker Afi Farma guilty of negligence and jailed officials for not testing the ingredients sent by its supplier. Reuters could not immediately contact CV Samudera Chemical, an Indonesian soapmaker, whose toxic ingredient made its way to Afi Farma, according to the court document of the Afi Farma criminal case in 2023.

Persons: Afi Farma, Parents, Siti Habiba, ”, Reza Wendra Prayogo Organizations: Indonesia Reuters —, Central, Afi, country’s Statistics Bureau, Reuters, EG, World Health Organization Locations: Jakarta, Indonesia, Central Jakarta, East Java, Indonesian, Gambia, Uzbekistan

☆ Some Jewish Democrats wonder if America is ready for a Jewish vice president
▼ + stars: | 2024-08-02 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +14 min

After all, the last time a guy named Shapiro had been elected governor of Pennsylvania, he had years earlier anglicized his name to Shapp. “I’m not aware of how his position on Israel differs from the other potential vice presidents,” Hawaii Sen. Brian Schatz, who is both Jewish and a proud progressive, told CNN. Of the VP’s choices, Shapiro is the one who stands out as the most divisive and could put a stop in everyone being on the same page,” said one Jewish Democratic operative. But I will say his attacks, this might surprise you, don’t bother me personally,” Shapiro said at the time. But calling what’s coming at Shapiro “pure antisemitism,” Rep. Dan Goldman, a New York Democrat, warned against that defensive way of thinking.

Persons: Josh, Shapiro, Lori, Kamala Harris ’, –, —, J.B . Pritzker, Harris ’, Israel –, Harris, Josh ”, “ I’m, Hawaii Sen, Brian Schatz, ”, Greg Landsman –, Micah, Hebrew, ” Landsman, Nevada Sen, Jacky Rosen, she’d, “ It’s, Simone Zimmerman –, ” Zimmerman, “, ” Shapiro, He’s, Connecticut Sen, Joe Lieberman —, South Carolina Sen, Lindsey Graham, “ He’s, he’s, Doug Emhoff, “ doesn’t, ” Ed Rendell, ” Rendell, Rendell, Josh Shapiro, they’ve, ” Long, Avi, Sen, Ted Kennedy, Mikhail Gorbachev, Emhoff, Benjamin Netanyahu “, Amy Spitalnick, Josh ’, Adam Schiff, Tim Walz, what’s, Dan Goldman, ” Goldman, ” CNN’s Morgan Rimmer, Owen Dahlkamp, Haley Talbot Organizations: CNN, Democratic, Illinois, Democratic Socialists of America, Sunrise Movement, Jewish Democrats, ”, GOP, Philadelphia Inquirer, Republican, Jewish Council, Public, Jewish Democratic, New, New York Democrat Locations: Pennsylvania, Israel, Michigan, Hawaii, Ohio, America, Nevada, Las Vegas, Gaza, Connecticut, South Carolina, Washington, Philadelphia, United States, Soviet, Pittsburgh, California, Minnesota, New York

☆ Ukraine says Russian cruise missile submarines are out in force as its Black Sea surface fleet falls back
▼ + stars: | 2024-07-30 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewThe Russian navy has simultaneously deployed three of its cruise missile submarines in waters within the general Black Sea area, Ukraine's navy says. Referencing surface ship losses, he said that Russia's Black Sea Fleet has been "called a submarine fleet," adding that "now, it's true." Coupled with the drone boat attacks, these triggered the withdrawal of the Black Sea Fleet to other bases in the area. SBULacking a traditional naval force able to compete with Russia's Black Sea Fleet, Ukraine has relied on drone boats and missiles to defeat Russian ships in the Black Sea. AdvertisementCountering the serious threat posed by Russian cruise missile submarines operating in the region is a more difficult challenge than targeting and engaging surface ships.

Persons: —, Dmytro Pletenchuk, Pletenchuk, Lloyd Austin Organizations: Service, Sea Fleet, Business, Facebook, Fleet, EG, Kilo, Getty Images, Russian, Black, US Locations: Russian, Crimea, Russia, Ukrainian, Azov, Rostov, Ukraine, Novorossiysk, STRINGER, Sevastopol, Russia's

☆ Europe has shown it's less afraid of calling Putin's bluff than the US and getting Ukraine what it needs to fight Russia
▼ + stars: | 2024-07-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +15 min

Many European countries have also given more as a proportion of their GDP than the US has. AP Photo/Peter DejongIn early 2023, France became the first Western country to promise to send Ukraine Western armored combat vehicles. European countries have also led in letting Ukraine use Western weapons to hit military targets in Russia. But there are still hangups, and some European countries want partner support for Ukraine to go much further. He said that for most Americans, "if you ask them to name five European countries, they probably wouldn't be able to do it."

Persons: —, Vladimir Putin's, George Barros, Russia doesn't, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Peter Dejong, Bradleys, Abrams, Davis Ellison, John Hamilton, Russia didn't, Ellison, Donald Trump, Mark Cancian, Kaja, Andrew Kravchenko Barros, Ingrida Šimonytė, Putin, Barros, It's, forwardness, Philip Ingram, Ingrida Simonyte, Denys Shmyhal, it's, Getty Images Ingram, Biden, JD Vance, it'll Organizations: Service, Kyiv, Business, High Mobility Artillery Rocket Systems, Mirage, AP, Ukraine Western, US, Army Tactical Missile Systems, Storm Shadows, The Hague, Strategic Studies, Army Tactical Missile, Russian, NATO, Marine, Center for Strategic, International Studies, Eastern, Estonia's, Lithuanian, REUTERS, British Army, Ukrainian Governmental Press Service, Anadolu, Getty Images, Republican, America, GOP, Ukraine, Prosecutor's, Getty, White Locations: Russia, Ukraine, Washington, Europe, United States, Russian, Denmark, Netherlands, Norway, Belgium, European, Sweden, France, Paris, Kharkiv, Poland, Germany, Zhytomyr, Kyiv, Borodianka, Ukraine's Kyiv, Ukrainian

☆ Here are Wednesday's biggest analyst calls: Rivian, Nvidia, Apple, Micron, Microsoft, Sweetgreen, Tesla, Netflix & more
▼ + stars: | 2024-07-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Rivian as overweight Morgan Stanley raised its price target on Rivian to $17 per share from $13. UBS reiterates Apple as neutral UBS said it sees Apple results as "in-line" when the company reports on Aug. 1. UBS initiates Sweetgreen as buy UBS said the restaurant chain has "margin potential." Guggenheim reiterates Netflix as buy Guggenheim said it's sticking with its buy rating on Netflix heading into earnings Thursday. UBS reiterates Micron as buy UBS said it's sticking with its buy rating on shares of Micron.

Persons: Morgan Stanley, Rivian, Jefferies, Bernstein, TD Cowen downgrades Charles Schwab, Cowen, Schwab, it's, Morgan Stanley downgrades, TD Cowen, 2H24, Tesla, Oppenheimer downgrades Morgan Stanley, Oppenheimer, Guggenheim, Needham Organizations: VW, Susquehanna, Nvidia, AMD, UBS, Apple, Chevron, bbl, Deutsche Bank, Deutsche, Valero, Mizuho, Citi, Hershey Citi, TD Cowen downgrades, Airlines, Barclays, MasterCard Citi, Mastercard, " Bank of America, Bank of America, Enterprise, NASDAQ, HSBC, Qualcomm, Netflix, Micron, Microsoft

☆ Money problems can be an early sign of dementia
▼ + stars: | 2024-07-08 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +8 min

When a family member who has been fairly responsible with money all their lives becomes careless with their finances, it may be one sign of as-yet-undiagnosed dementia. “The harmful financial effects of undiagnosed memory disorders exacerbate the already substantial financial pressure households face upon diagnosis,” the researchers wrote. Two parents with dementia, one daughter’s efforts to reduce financial worryJayne Sibley, who lives in the United Kingdom, knows the pain and stress of dealing with the financial behaviors that can signal dementia. Her mother also would take money out of the cash machine two to three times a day and give it to anyone who asked. Of course, no amount of advanced financial planning can alleviate the heartbreak of watching a loved one with dementia decline.

Persons: Marcey Tidwell, ”, Tidwell, Karen Lemay, “, Lemay, hadn’t, ” Lemay, Jayne Sibley, ” Sibley, Sibley, doling, Ditto, ’ ”, ” Tidwell Organizations: New, New York CNN, New York Federal Reserve, Johns Hopkins Bloomberg School of Public Health, US National Institute, Aging Locations: New York, Bloomington , Indiana, Ottawa, Canada, United Kingdom, Sibley

☆ Witness in Menendez trial describes setting up mortgage payment and consulting job for senator’s girlfriend-turned-wife
▼ + stars: | 2024-05-21 | by ( Sabrina Souza | ) edition.cnn.com time to read: +3 min

Menendez and Hana – as well as the other co-defendant, New Jersey real estate developer Fred Daibes – have pleaded not guilty. Moldovan said Nadine Menendez was “upset and offended” that Hana had a lawyer formalize the loan with a promissory note. Moldovan testified that he rarely did anything without Hana’s approval. Nadine Menendez never signed the IS EG job agreement, according to Moldovan. On cross-examination, the senator’s attorney, Avi Weitzman, asked Moldovan if Nadine Menendez ever mentioned she was dating the senator, to which he testified she did not.

Persons: CNN — Sen, Bob Menendez’s, New Jersey Democrat’s, Menendez, –, Wael Hana, Menendez’s, Hana, Fred Daibes, Hana –, Fred Daibes –, Nadine, John Moldovan, Nadine Menendez, “, Avi Weitzman, Daibes, CNN’s Gregory Krieg Organizations: CNN, New, FBI, State Department, EG, Moldovan, Strategic International Business Consultants Locations: New Jersey, New York, Egyptian American, Qatar

☆ Ukraine's getting more longe-range missiles that leave the Russians with 'nowhere to hide'
▼ + stars: | 2024-05-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

The number of missiles isn't publicly known, but ATACMS missiles average about $1.3 million each. These air-dropped missiles can fly at low altitudes to avoid detection and have been used to strike Russian naval headquarters and vehicle-repair depots in the occupied Crimean peninsula. The arrival of Storm Shadow missiles — and, several months later, ATAMCS — presented new challenges for Moscow, but Ukraine has received so few it has had to bee choosy over what to target. Indeed, Kyiv has used the American missiles in recent weeks to strike Russian airfields and troop gatherings. Missiles like ATACMS and Storm Shadow "will enable Ukraine to neutralize Russia's advantages and eventually enable them to regain the initiative," he added.

Persons: —, Ben Hodges, John Hamilton The, Jake Sullivan, Grant Shapps, Ben Stansall, Dan Rice, you've, Rice, ATAMCS —, Serhii, Hodges, Moscow's, Jack Watling, Watling Organizations: Service, US, Business, US Army, Army Tactical Missile System, White, MGM, Tactical Missile Systems, Biden administration's, Republicans, Congress, Kyiv, General Staff, Ukrainian Armed Forces, Storm, Shadow, Farnborough, American University Kyiv, Artillery Rocket Systems, Getty, Missiles, Russian Defense Ministry, Royal United Services Institute Locations: Ukraine, New Mexico, Washington, Kyiv, Ukrainian, Italy, France, Crimean, Russia, Russian, Moscow, Donetsk Oblast, Berlin, Avdiivka, Anadolu, Kharkiv

☆ Who Are Key Players in the Menendez Case?
▼ + stars: | 2024-05-11 | by ( Tracey Tully | Benjamin Weiser | ) www.nytimes.com time to read: +7 min

Who Are Key Players in the Menendez Case? Mr. Menendez goes to trial on May 13 with two of the businessmen, Fred Daibes and Wael Hana. Fred Daibes New Jersey Real Estate Developer Mr. Daibes is accused of giving Mr. Menendez furniture, gold and cash. Nadine Menendez Mr. Menendez’s Wife Ms. Menendez served as a go-between for Mr. Menendez, Egyptian intelligence officials and men who were seeking political favors from the senator, according to the indictment. Defense LawyersAdam Fee Lawyer for Robert Menendez He previously spent five years as a prosecutor in the U.S. attorney’s office for the Southern District — the same office prosecuting Mr. Menendez.

Persons: Menendez, Robert Menendez, Nadine Menendez, Mr, Fred Daibes, Wael Hana, Menendez's, Daibes, Nadine Menendez Mr, Menendez’s, Ms, Jose Uribe, Uribe, Uribe's, Sidney H, Stein, Bill Clinton, Jennifer Shah, Hassan Nemazee, Damian Williams, Williams, President Biden, Sam Bankman, Fried, Juan Orlando Hernández, Christina Clark, Clark, Charles McGonigal, Catherine Ghosh, Eli Mark, Paul Monteleoni, Robert Hadden, Lara Pomerantz, Ghislaine Maxwell, Jeffrey Epstein, Norman Seabrook, Daniel Richenthal, Sheldon Silver, Michael Avenatti, Adam Fee, Fee, Avi Weitzman, Lawrence Lustberg Organizations: Democrat, Robert Menendez New Jersey, Senate Foreign Relations, Jersey Real, EG, Prosecutors, United, Jose Uribe Former New, Benz, U.S, Southern, of, Democratic, Attorney, Southern District of, ex, Public, New, New York City Housing Authority, Justice Department, Southern District’s, New York State Assembly, Nike . Defense, Southern District Locations: New Jersey, Manhattan, Jersey, Egypt, Qatar, United States, Jose Uribe Former New Jersey, of New York, Southern District, Southern District of New York, Russian, New York City, Brooklyn, Columbia, New York, U.S, California

☆ An options trade that wins if stocks continue to struggle into May
▼ + stars: | 2024-04-30 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

Note that the last time, the 10-day moving average crossed above the 21-day moving average was back in late October/early November when the markets were just beginning a new bull run. Based on this thesis I want to make a bearish bet on DIA using a trade structure called a bear put spread. The Trade: DIA is a highly liquid ETF and if you look at its option chain, you will notice that it offers $1 wide strikes. DIA YTD mountain SPDR Dow Jones Industrial Average ETF Trust YTD Amazon and Apple report earnings this week. These are all significant market moving events and so a solid risk management plan needs to be in place for any trades taken this week.

Persons: Dow Jones Organizations: Dow, Dow Jones, Trade, DIA, Apple

☆ Hong Kong stocks are back from the dead. Here’s why
▼ + stars: | 2024-04-30 | by ( Laura He | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —Hong Kong’s benchmark Hang Seng Index surged more than 7% in April as the best-performing major index in the world. The valuation of Hong Kong stocks has also become more “compelling” relative to the rest of the Asian region after the pullback last year, said Zhikai Chen, head of Asian equities at BNP Paribas Asset Management. He added that there is a shift in investors’ sentiments as Chinese economic data turned more positive. Innes said global investors are currently “underweight” in Chinese markets, including Hong Kong, because of geopolitical tensions and concerns surrounding potential fallout from the upcoming US elections. Stock exchange data showed that southbound investors (meaning investment from mainland China into Hong Kong) have bought nearly $20 billion of Hong Kong-listed stocks in March and the first three weeks of April on a net basis.

Persons: ”, Kelly Chung, Zhikai Chen, Stephen Innes, David Chao, Nomura, Xiaomei Chen, Angelina Lai, Innes, Kong, BNP Paribus Organizations: Hong Kong CNN, Hong, Value Partners, BNP, Management, P Global, PMI, Kong's, Reuters, US, People’s Bank of, HK, “ Locations: China, Hong Kong, United States, Beijing, India, James’s, People’s Bank of China

☆ Gold near record high on growing geopolitical concerns
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: +2 min

Gold prices ticked up, hovering near record-high levels, as fears of escalating tensions in the Middle East drove investors towards the safe-haven metal. Gold prices ticked up on Tuesday, not too far away from a record high hit last week, as concerns about rising geopolitical tensions between Iran and Israel propped up demand for the safe-haven metal. Spot gold was up 0.2% at $2,387.11 per ounce, as of 0355 GMT, after hitting an all-time high of $2,431.29 on Friday. Gold rose 1.6% in the previous session despite data showing U.S. retail sales increased more than expected in March. Citi projected gold prices to trade at $3,000 per ounce over the next 6-18 months.

Persons: Matt Simpson Organizations: East, City Index, U.S ., Citi Locations: Iran, Israel, U.S, India, China

☆ It looks like it could be the end of the AI hype cycle
▼ + stars: | 2024-04-03 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewSome AI leaders are starting to ask themselves the question: should we be buying the hype? Almost a year and a half on from the launch of ChatGPT, the hype around the technology is seemingly everywhere. AI image generator Stability AI also lost its chief, Emad Mostaque, amid reports of financial pressure. Others though, like Google deep learning expert François Chollet, are keen to stress just how far off human intelligence today's AI models actually are. Until some real signs of money-making, human-level intelligence do emerge, expect more to call it all hype.

Persons: —, Bill Gates, Elon Musk, it's, Gary Marcus, Sam Altman, Marcus, GmjUDKhc6k — Gary Marcus, @GaryMarcus, Mustafa Suleyman, Emad Mostaque, Eric Schmidt, Demis Hassabis, Musk, François Organizations: Service, Business, Google, Invest, Investors, New York University, Nvidia, NVidia, Blackwell, Microsoft, Financial Locations: OpenAI, Sequoia

☆ This one-time cybersecurity darling is hitting a rough patch. How to profit from its slide
▼ + stars: | 2024-03-05 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

The Trade Setup: PANW 305-300 Bear Put Spread The trade structure I am using here is called a "bear put spread" also known as a "put debit spread". To construct my bear put spread, I need to buy a $305 put and sell a $300 put as a single unit. Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: I've, PANW, Nishant Pant Organizations: Nasdaq, Palo Alto Networks, Elliott, Mar Locations: Palo

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ Ukraine needs different weapons to blunt Russia's artillery fire advantages because HIMARS aren't enough anymore, war experts say
▼ + stars: | 2024-01-30 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

War experts say Kyiv will need more precision-guided munitions to blunt Moscow's advantage in artillery fire. Western officials continue to warn that giving Ukraine more weapons and ammo is the "path to peace." The experts said Moscow's rate of fire will be sustainable next year "in excess of that number." Notably, Ukraine can no longer rely on its US-provided High Mobility Artillery Rocket System (HIMARS) or Excalibur artillery shells to diminish Russia's firepower, the experts said. "Weapons to Ukraine," he said, "is the path to peace."

Persons: —, Michael Kofman, Dara Massicot, Rob Lee, Dmytro Smolienko, Lee, HIMARS, Serhii Mykhalchuk, Jens Stoltenberg, Antony Blinken Organizations: Service, Kyiv, Carnegie Endowment, International Peace, Foreign Policy Research Institute, American, Publishing, Getty, Artillery, NATO, EG, MGM, Tactical Missile Systems, Republican, Western Locations: Ukraine, Russia, Kyiv, Moscow, Donetsk Oblast, France

☆ 2023 income tax return: Here’s what you need to know before you file
▼ + stars: | 2024-01-28 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +8 min

New York CNN —Come Monday, the IRS will start accepting and processing 2023 federal income tax returns. Pull out your return from last year: Your 2022 tax return will give you a good starting point for figuring out what documents you need to have handy to fill out this year’s return, said Tom O’Saben, director of tax content and government relations at the National Association of Tax Professionals. Here is a list of the most common and costly tax return mistakes the IRS has seen over the years. Lastly, the program cannot be used to file your state returns, so you’ll have to do that separately but your state may have its own free file program. (More details on the federal Direct File program are here.)

Persons: Tom O’Saben, you’ve, ” O’Saben, O’Saben, didn’t, you’re, filers, Katie Lobosco, Tami Luhby Organizations: New, New York CNN, IRS, Patriots, National Association of Tax, Social Security, Child, filers, Social Locations: New York, Maine and Massachusetts, brokerages, Arizona , California, Florida , Massachusetts, Nevada , New Hampshire , New York, South Dakota , Tennessee , Texas, Washington and Wyoming

☆ A trading strategy that wins if tech continues to struggle
▼ + stars: | 2024-01-16 | by ( Nishant Pant | ) www.cnbc.com time to read: +4 min

Tech earnings kick off next week with Netflix reporting on Tuesday and Tesla on Wednesday. If these tech giants paint a rosy picture, market sentiment could turn around for the Nasdaq. With this view in mind, I am looking to place a small bet against the tech sector using Snowflake (SNOW) as my primary trading vehicle. The Trade Setup: SNOW $195-$190 Bear Put Spread The trade structure I am using here is called a bear put spread, also known as a put debit spread. 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: Tesla, Price, Nishant Pant Organizations: Nasdaq, Netflix, RSI

☆ How to profit from the bearish start to 2024 with a bet against the small-cap benchmark
▼ + stars: | 2024-01-02 | by ( Nishant Pant | ) www.cnbc.com time to read: +5 min

Stock markets usually don't go up in a straight line and a pullback is possibly around the corner. With this view in mind, I am looking for a bearish trade on any of the major index ETFs. I have shown a chart of IWM which is an ETF that tracks the small-cap benchmark Russell 2000. The Trade Set-up: IWM $200-$199 Bear Put Spread With a bearish directional bias in place, all I need to do is find a suitable options structure to take a bearish trade. The trade structure I am using here is called a "bear put spread" also known as a "put debit spread".

Persons: DMI, Nishant Pant, Nishant Organizations: Russell, IWM, Trade Management

☆ A way to bet against tech as cracks start to appear in the comeback
▼ + stars: | 2023-12-05 | by ( Nishant Pant | ) www.cnbc.com time to read: +4 min

Cracks are beginning to appear in the tech-heavy Nasdaq 100 index . I have shown a chart of Invesco QQQ Trust (QQQ) which is an ETF that tracks the Nasdaq 100. Finding a stock to put on a bearish trade The stock I have picked for a bearish trade is Netflix (NFLX) . Starting Nov. 29, NFLX price candles are forming lower highs and lower lows, which is the easiest way to spot a downtrend. The trade structure I am using here is called a "bear put spread" also known as a "put debit spread".

Persons: NFLX, Nishant Pant Organizations: Netflix, Trade Management

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