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☆ This small-cap ETF is a swing trader's dream. How to trade it following the Trump pop
▼ + stars: | 2024-11-13 | by ( Nishant Pant | ) www.cnbc.com time to read: +2 min

The iShares Russell 2000 ETF (IWM) is particularly interesting for swing traders, as it tends to trade within predictable ranges over extended periods. Given that IWM is trading at the top of the new trading range, I'm considering a bearish trade on IWM. With $242 as the upper bound of the range, I'll sell a $245 call option, just above the current resistance level. The trade As mentioned earlier, the trade structure I am using here is called a "bear call spread," also known as a "call credit spread". To construct my trade, I need to sell a $245 call option and buy a $250 call option as a single unit.

Persons: Russell, IWM, Nishant Pant Organizations: Trump, CNBC, NBC UNIVERSAL

☆ This is a trader's market, says Goldman Sachs' Tony Pasquariello
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis is a trader's market, says Goldman Sachs' Tony PasquarielloTony Pasquariello, Goldman Sachs global head of hedge fund coverage, joins 'Closing Bell' to discuss his stock outlook and the bull rally's risk-reward setup.

Persons: Goldman Sachs, Tony Pasquariello Tony Pasquariello

☆ Remain bullish as long as liquidity keeps flowing in, says The NorthmanTrader's Sven Henrich
▼ + stars: | 2024-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRemain bullish as long as liquidity keeps flowing in, says The NorthmanTrader's Sven HenrichSven Henrich, The NorthmanTrader, joins 'Fast Money' to talk the possibility of a year-end rally.

Persons: Sven Henrich Sven Henrich

☆ French trader bet over $28 million on Trump election win using 4 Polymarket accounts
▼ + stars: | 2024-10-24 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign event at the Erie Insurance Arena in Erie, Pennsylvania, on October 14, 2024. A stark shift toward former President Donald Trump on the political gambling platform Polymarket this month stoked scrutiny about four accounts that have collectively spent over $28 million betting on the Republican nominee to win the 2024 presidential election. Polymarket on Thursday confirmed what a number of experts have suspected: All four accounts are controlled by a single trader. The company insisted that it has found no evidence that the trader is trying to juice Trump's odds on the political betting market. The scrutiny on the Polymarket trades comes as political betting markets have taken on a much more prominent role in the 2024 election cycle.

Persons: Kamala Harris, Donald Trump, Polymarket Organizations: Democratic, Erie Insurance, Republican, CNBC, The New York Times, Nardello & Company Locations: Erie , Pennsylvania, U.S

☆ If you sold in May, it's time to come back: Stock Trader's Almanac issues seasonal buy signal
▼ + stars: | 2024-10-14 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The Stock Trader's Almanac issued a seasonal buy signal for equities, saying investors who sold in May can start to come back to the market now as the calendar nears what are historically the best six months of the year. The same is true of the S & P 500 . In the best six months, the S & P 500 gained 3,019 points, while rising 1,133 points in the worst six. "And beginning on the first trading day of April we prepare to exit these seasonal positions as soon as the market falters." The 30-stock Dow Jones Industrial Average rose above the 43,000 milestone on Monday, while the S & P 500 recently crossed the 5,800 level for the first time.

Organizations: Dow Jones, Dow Jones Industrial Locations: Cambodia

☆ Beware if you hold these stocks heading into earnings season, Piper Sandler says
▼ + stars: | 2024-10-09 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Earnings season is right around the corner, and there are some stocks investors should be wary of, according to Piper Sandler. The season unofficially kicks off this week, with JPMorgan's third-quarter results due Friday before the bell, and it ramps up from there. The remaining four have a strong buy or buy rating. The department store chain is set to report its quarterly results in November. By contrast, only two have a strong buy or buy rating.

Persons: Piper Sandler, they've, Paramount's, Skydance, Nordstrom, it's, Piper, – Organizations: Dow Jones, Federal Reserve, Paramount Global, Warner Bros, Paramount, GameStop, Southwest Airlines, Southwest Locations: U.S, GME

☆ Short ideas: Here are the stocks JPMorgan is betting against in the fourth quarter
▼ + stars: | 2024-10-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Despite the major indexes trading near their all-time highs, there are still plenty of stocks that JPMorgan is bearish on in the coming quarter. Against this backdrop, JPMorgan surveyed its analysts for their top short ideas, or stocks that might underperform going into the fourth quarter. Shares have risen 9% in 2024, leading to what JPMorgan analyst Michael Rehaut believes is an expensive valuation. JPMorgan analyst Kenneth Goldman also has an underweight rating on Beyond Meat . "Plant-based meat continues to struggle as the fad fades," the analyst wrote.

Persons: Stocks, Stanley Black, Decker, Michael Rehaut, Kenneth Goldman, Stephen Tusa, Mark Strouse Organizations: JPMorgan, Federal, Traders, Rockwell Automation, ROK, FuelCell Energy Locations: —, underinvestment

☆ This one-time food stock is struggling now. How to trade it from here with options
▼ + stars: | 2024-10-03 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Conagra Brands' stock fell sharply this week after the packaged-food company reported quarterly earnings that fell well short of analysts' expectations. We'll discuss how to play it with options if this company is caught in a longer-term decline. For the fiscal first quarter ending August 25, Conagra posted an adjusted eps of 53 cents a share, missing estimates. However, the most significant institutional options trades weren't betting on considerable upside. CAG YTD mountain Conagra, YTD Conagra traded eight times the average daily options volume, with puts outpacing calls.

Persons: Conagra, YTD Conagra, Seinfeld, we'll, T Rowe Price Organizations: Brands, CNBC, NBC UNIVERSAL

☆ October is already living up to its volatile reputation
▼ + stars: | 2024-10-02 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The S & P 500 fell nearly 1% to kick off the new month of trading. The Nasdaq Composite shed more than 1.5%, and the Dow Jones Industrial Average lost 0.4%, or 173 points. The Cboe Volatility Index , Wall Street's preferred fear gauge, swelled abpve 20 — its highest level since Sept. 11. I am bracing for added volatility and the market to over-trade daily headlines and themes," he said in a note to clients Wednesday. CNBC Pro found that the S & P 500 averages a daily move of 1.3% in either direction in October, based on FactSet data going back to 1950.

Persons: Street's, Scott Rubner, Goldman Sachs, Baird, Harley, Davidson Organizations: Nasdaq, Dow Jones Industrial, West Texas, CNBC Pro Locations: Iran, Israel, Lebanon, Milwaukee

☆ These are Wall Street’s favorite stocks heading into a new month of trading
▼ + stars: | 2024-09-30 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

As a new month looms, Wall Street expects its favorite stocks to outperform — no matter what October might bring. Against this backdrop, CNBC Pro screened for Wall Street's favorite names that analysts believe could rally from here. Read's $150 price target is way above the consensus $137, and about 43% higher than where ConocoPhillips closed Friday. Analysts are also bullish on fellow energy producer Diamondback Energy , with the stock's upside to average price target coming in at 30%. Other stocks on Wall Street's list of favorites include casino operator MGM Resorts International and biotechnology firm Biogen .

Persons: Janney Montgomery, Dan Wantrobski, Wall, Goldman Sachs, Toshiya Hari, Wells, Roger Read, Read's, Piper Sandler, Mark Lear Organizations: Federal Reserve, November's U.S, CNBC Pro, Semiconductor, Micron Technology, Micron, Wall Street, ConocoPhillips, Diamondback Energy, Diamondback, Endeavor, MGM Resorts International Locations: November's, Friday's, Wells Fargo, Houston, Midland, 3Q24

☆ A world-champion quant trader with a 491% annual return shares an easy pattern that's profitable in 72% of test samples and can be manually executed
▼ + stars: | 2024-09-28 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

He's a quant fund manager who uses hundreds of models to execute trades across multiple assets. And he's good at what he does: in the 2023 World Cup Championship of Futures Trading, Scherman finished first with a 491.4% return, according to competition records. I was trading in the Argentina market," Scherman said. This is because a trader can't predict the next market regime and must prove that their thesis can survive changes. "I need to have the capital to recover from that loss," Scherman said.

Persons: Ivan Scherman, —, Scherman, hadn't, David Aronson, shouldn't, it's Organizations: Futures, Service, New York Stock Exchange, Chicago Mercantile Exchange, University of Buenos, Argentine Financial Markets Institute Locations: Buenos Aires, Argentina, University of Buenos Aires

☆ Wall Street braces for a turbulent October with jobs report on deck next week
▼ + stars: | 2024-09-27 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

Both the Dow Jones Industrial Average and S & P 500 have broken out to new highs this month. BTIG chief market technician Jonathan Krinsky asked this week, referring to the S & P 500. The S & P 500 had risen more than 5%, while the tech-heavy Nasdaq Composite was higher by more than 1%. For the S & P 500, those levels represent declines of about 6% to 9%, as of Thursday's close. Initial Claims (09/28) 9:45 a.m. PMI Composite final (September) 9:45 a.m. S & P PMI Services SA final (September) 10 a.m.

Persons: Jonathan Krinsky, Dow, Adam Turnquist, LPL Financial's Turnquist, Jeff Hirsch, he's bullish, Hirsch wouldn't, Lamb Weston, Nonfarm Payrolls, —, Nick Wells Organizations: Federal, Dow Jones Industrial, Dow, CNBC, Nasdaq, LPL, Chicago PMI, Dallas Fed, PMI, Manufacturing, Nike, McCormick, ADP, PMI Services SA, Services PMI, Constellation Locations: Europe, U.S, Chicago

☆ These are September’s top-performing S&P 500 stocks. Where analysts see them going next
▼ + stars: | 2024-09-27 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Most analysts think that September's top-performing stocks could continue their ascent. September is a traditionally dicey for stocks: It's the worst month of the year for the S & P 500 , according to the Stock Trader's Almanac . With October right around the corner, CNBC Pro used FactSet data to screen for this month's top-performing stocks in the S & P 500 and find out where analysts see them going next. Constellation Energy is up more than 30% on the month, making it September's second-highest performer in the S & P 500. Power company Vistra has surged nearly 196% in 2024, and it's the top performer in the S & P 500 this month.

Persons: Morgan Stanley, David Arcaro, Vistra, Jefferies, Julien Dumoulin, Smith, Raymond James, Brian Gesuale Organizations: Federal, Dow Jones, CNBC Pro, Analysts, Constellation Energy, Microsoft, Constellation, Energy, Software, Palantir Technologies, Oracle, Delta Air Lines Locations: Thursday's

☆ Using options to trade an index that's become a swing trader's dream
▼ + stars: | 2024-09-27 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

Although it is very volatile and exhibits wild swings, in the 1-year daily chart shown below, it becomes evident how confined its movement is within a well-defined trading range. Whenever it breaches one of these levels, it quickly stabilizes in a new trading range. Based on this analysis, I am considering a bearish set-up while keeping the top of its current trading range in mind. The trade Given the bearish outlook, I'm using a call credit spread as my trade structure. If the index stays below $2,260 by the expiration date, the trade will yield an ROI of 42% on the capital risked.

Persons: Russell, Nishant Pant Organizations: CNBC, NBC UNIVERSAL

☆ Market headed for first winning September in 5 years, but don't get too comfortable
▼ + stars: | 2024-09-24 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

In fact, the S & P 500 is on pace for a winning September — its first since 2019 — with a gain of more than 1%. The month is typically the worst stretch of the year on average for all three major averages and the Russell 2000, according to the Stock Trader's Almanac. Some of September's strength could be attributed to the Federal Reserve's supersized rate cut last week . The S & P 500 notched a fresh record close on Monday and an intraday all-time high on Tuesday. The benchmark S & P 500 typically pulls back nearly 1% on average in October in election years, per the Stock Trader's Almanac.

Persons: —, Russell, Gary Pzegeo Organizations: Federal, CIBC Private Wealth Management

☆ Look for stock market pain next week after Friday's 'triple witching' options expiration
▼ + stars: | 2024-09-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Today is triple witching expiration , the quarterly expiration of single stock and index options, and index futures. It's occurring at an unusual moment: the S & P 500 is at an historic high. Week after triple witch: poor Unfortunately, the week after the September triple witch is historically among the weakest of the year. S & P 500 rebalancing today The S & P 500 will see three new entrants at the close today, each of which will begin trading as part of the S & P on Monday: Dell Technologies , Erie Indemnity and Palantir Technologies . Finally, while the S & P 500 is at a new high, the Russell 2000 smallcap index is not far behind.

Persons: Chris Murphy, Jeff Hirsch, Dow Industrials, Hirsch, Dell, Russell Organizations: Stock, Nasdaq, Dell Technologies, Erie, Palantir Technologies, Etsy, Rad Laboratories, American Airlines Group Locations: Susquehanna

☆ These stocks have momentum on their side even if market stumbles
▼ + stars: | 2024-09-19 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

With that seasonal volatility in mind, Evercore ISI screened for stocks that may continue to outperform in the current climate. The investment bank combed through the Russell 3000 for stocks that are in the top quintiles for momentum, sentiment and buybacks. One company that made the Evercore ISI screen was mobile tech company AppLovin . Evercore ISI also highlighted Sprouts Farmers Market as a potential outperformer. Evercore ISI upgraded Sprouts to outperform from in line this week.

Persons: Russell, LSEG, BTIG, Benjamin Budish, Robinhood, Michael Montani Organizations: Stock, Federal, UBS, FactSet, Financial, LSEG, Barclays, ISI

☆ Jenn Tran and Devin Strader's messy breakup after 'The Bachelorette' was only the beginning of their drama. Here's a complete timeline.
▼ + stars: | 2024-09-18 | by ( Olivia Singh | ) www.businessinsider.com time to read: +2 min

During the live portion of the finale, Jenn reveals that Devin broke up with her in August during a 15-minute phone call. Jenn and Devin during the live "Bachelorette" finale. John Fleenor/DisneyBefore the proposal was shown on TV, host Jesse Palmer brought out an emotional Jenn to reveal the surprising status of their relationship. She explained that after leaving Hawaii engaged, she felt like Devin was acting distant. After Devin joined the stage during the live finale, Jenn confronted him.

Persons: Jenn, Devin, John Fleenor, Jesse Palmer, Instagram —, Maria, Maria Georgas, I'm Organizations: Disney, Hawaii, Bachelor Nation

☆ I take quiet vacations from my $300,000 Wall Street job because the work isn't fulfilling. Here's how I get away with it.
▼ + stars: | 2024-09-18 | by ( Robin Madell | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a conversation with a 42-year-old vice president at a Wall Street bank in New York City. I work in tech for a Wall Street bank, and I quiet vacation. I do the bare minimum work for my Wall Street job because the pay and bonuses aren't as good as they used to beI wanted to work on Wall Street because of the money. Even on Wall Street, it seems like once people fall into a way of thinking, they stick with it their entire lives. On Wall Street, it's more important not to make any mistakes than to see how many hours someone can sit in an office.

Persons: —, I've, he'd, I'm, Lauryn Haas Organizations: Service, Business, Microsoft, lhaas Locations: New York City, Virginia, Atlantic City, Ocean City

☆ Tom Lee, who's been correctly bullish, turns cautious and sees 7%-10% pullback
▼ + stars: | 2024-09-03 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Equity strategist Tom Lee expects the stock market will run into some turbulence over the next eight weeks, though he expects a pullback could be a buying opportunity for investors. Lee stocks could pull back by 7% to 10%, as investors navigate what's historically the weakest month of the year. The Stock Trader's Almanac shows the S & P 500 has averaged a 0.7% loss every September in data going back to 1950. "I think investors should be cautious for the next eight weeks," Lee told CNBC's "Squawk Box" on Tuesday. Lee was one of the first on Wall Street to turn bullish on stocks during the depths of the pandemic and was correctly bullish heading into 2024 as well.

Persons: Tom Lee, Lee, CNBC's, Market's, He's Organizations: Federal Reserve

☆ September's poor history is hard to ignore, but market has many things on its side including the Fed
▼ + stars: | 2024-09-03 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

The good news outweighs the bad Seasonality aside, the market is riding a wave of momentum, and with good reason: 1) The market "broadening" trend is very real. At Jackson Hole, chairman Jerome Powell made it clear that the Fed had shifted its attention from fighting inflation to the job market. S&P 500 in September: It's been ugly recently (rounded) 2023: down 5%2022: down 9%2021: down 5%2020: down 4% The elections are another wildcard. Two-thirds of the S&P 500 was up in August. Most importantly, the Equal-Weight S&P 500 (RSP) modestly outperformed the S&P 500 in August and closed Friday at an historic high.

Persons: Frank Gretz, Wellington Shields, Robert Hum, It's, Consumer Staples, Jerome Powell, David Smith, Brendan McDermid Organizations: Dow, NASDAQ, Russell, NYSE, Megacap Tech, Apple, Nvidia, Microsoft, Consumer, Estate, Technology, American Association of, Bulls, PCE, Fed, Rockland Trust, CNBC, Traders, New York Stock Exchange Locations: Wellington, Meta, Rockland, New York City, U.S

☆ Next week has historically been a bright spot ahead of a tough market period
▼ + stars: | 2024-08-23 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Going back to 1953, the S & P 500 has climbed around 0.5% during the final week of August on a median basis, according to data analyzed by Bespoke Investment Group. That is a bright spot ahead of a historically weak period for the market. September ranks as the worst month on average for the S & P 500 going back to 1950, according to data from the Stock Trader's Almanac. Almanac data shows the S & P 500 is flat on average for the month. .SPX 1M mountain The S & P 500, 1 month The upcoming week also has some events that may move the market in the trading month's final days.

Organizations: Investment Group, Stock, Investors

☆ An options strategy that will win during a market comeback, while withstanding more volatility
▼ + stars: | 2024-08-09 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

The massive resurgence in volatility (as measured by the Cboe Volatility Index - VIX ) has revealed market vulnerability coupled with significant uncertainty. With the VIX hitting a multi-year high of 65 this week, elevated options premiums offer higher risk/reward scenarios. .VIX YTD mountain Cboe Volatility Index, YTD The VIX, also known as Wall Street's "fear gauge", vaulted above 60 earlier this week, the highest since pandemic induced volatility back in March 2020. In the event you disagree with my bullish view, feel free to take the other side of this trade. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Lehman Organizations: Lehman Brothers, CNBC, NBC UNIVERSAL

☆ Glencore's ex-head of oil charged with bribery offences by Britain's Serious Fraud Office
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: 1 min

An employee stands by a logo for Glencore Agriculture in Glencore Plc's offices in Rotterdam, Netherlands. Glencore's former head of oil Alex Beard has been charged with bribery offences relating to the Swiss commodity trader's operations in Africa, Britain's Serious Fraud Office said on Thursday. Beard, 56, is charged with two conspiracies to make corrupt payments to government officials and officials of state-owned oil companies in Nigeria between 2010 and 2014 and in Cameroon between 2007 and 2014, the SFO said. He is one of five ex-Glencore employees charged with conspiracy to make corrupt payments.

Persons: Glencore's, Alex Beard, Beard Organizations: Glencore Agriculture, SFO Locations: Glencore, Rotterdam , Netherlands, Africa, Nigeria, Cameroon

☆ Here's how options traders are bullishly betting on a small-cap index as it overtakes mega-cap tech
▼ + stars: | 2024-07-26 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

The put is OTM because the strike price is below the spot price. Related storiesIf you have a bullish outlook on the IWM, you expect the share price to continue rising or at least not drop below the strike price. Picking the appropriate strike price is subjective and based on a trader's risk tolerance and the premium they're looking for. Tastylive, options chainSince options contracts are purchased in lots of 100, it could seem nerve-racking to think you may need to accept delivery of those shares. Worst-case scenario, you end up owning IWM shares at a cost below what you would have bought them for on the spot market, Dierking said.

Persons: Russell, Liz Dierking, Dierking, IWM, That's Organizations: Service, Nasdaq Locations: IWM

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