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☆ I've studied highly creative people for 40 years: They share these 6 habits
▼ + stars: | 2024-10-03 | by ( Anthony Fredericks | ) www.cnbc.com time to read: +4 min

Without realizing it, many of the common habits of the most creative minds were things you probably did in your childhood. Most importantly, they are not afraid of failure because they see it as a learning opportunity. Having your head in the clouds is an opportunity to let your creative powers develop and flourish. For them, a new situation is a learning opportunity, not necessarily a means to an end. They embrace meditation and mindfulnessThe most creative people make meditation and mindfulness a regular part of their daily routine.

Persons: Ralph Waldo Emerson, Ruth Ann Atchley Organizations: Erasmus University Locations: —, Greece, China, Rotterdam, Netherlands

☆ From Walmart and Ikea to Heineken, here are the companies whose imports may be most impacted by the port strike
▼ + stars: | 2024-10-03 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

The port workers' strike could disrupt business for big retailers, according to ImportGenius data. Walmart, Ikea and Samsung are some of the biggest importers at ports affected, the data show. JPMorgan predicted the strike could cost the US up to $5 billion daily. AdvertisementMajor retailers are pivoting their shipping plans and preparing for the financial impact of the ongoing port strike. The chart doesn't include data from shipping companies that handle cargo from multiple businesses or anonymous shipments.

Persons: —, Alan Murphy, William George, General Motors, Jess Dankert, Dankert Organizations: Walmart, Ikea, Samsung, JPMorgan, Service, Intelligence, CNBC, Research, Arbor Research, Lading, Customs, Business, General, Home, Retail Industry, Association, International Longshoremen's Locations: Gulf Coast, ImportGenius, West, Maine, Texas

☆ Nike stock chart is showing signs of a bottom and a turnaround ahead
▼ + stars: | 2024-10-03 | by ( David Keller | ) www.cnbc.com time to read: +3 min

Before this week's downside price gap, it's worth noting that Nike was testing a major resistance level into last week. To add to this "confluence of resistance," we can also see the 200-day moving average looming large, currently sitting just above $91. The weekly chart can provide some additional context as to what the recent upswing means relative to the long-term trend for Nike. The long-term trend has been decidedly negative for NKE, with price remaining below the 150-week moving average since Q2 2022. Nike also sits below a downward-sloping 40-week moving average, which is essentially the same as the 200-day moving average on the daily chart.

Persons: downtrend, NKE, David Keller Organizations: Nike Inc, Nike, CMT, CNBC, NBC UNIVERSAL

☆ Energy ETF setting up for a breakout of a two-decade range, according to the charts
▼ + stars: | 2024-10-02 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

The Energy Select Sector SPDR ETF (XLE) was the worst performing sector ETF in September. The XLE ETF (and many of its holdings) has been trying to etch out a bottom for a number of weeks, and the charts we're reviewing today suggest that momentum finally could be turning positive. XLE has been making lower lows and lower highs since peaking in March. Both prior times, eventually logging a higher low gave XLE the firepower it needed to finally punch through a key downtrend line. Recently, the higher lows have been marginal, but considering that we haven't seen a material lower low in nearly five years, it's noteworthy.

Persons: it's, XLE, It's, XLE's downtrend, We've, Said, we're, Frank Cappelleri Organizations: CNBC, NBC UNIVERSAL

☆ Cramer's Lightning Round: 'Hold on' to SiTime
▼ + stars: | 2024-10-02 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Peloton's year-to-date stock performance. Stock Chart Icon Stock chart icon NIO's year-to-date stock performance. Stock Chart Icon Stock chart icon AMN Healthcare's year-to-date stock performance. Stock Chart Icon Stock chart icon SiTime's year-to-date stock performance. SiTime : "Just hold it...Let's hold on to it, it's a good story."

Persons: AMN, Let's Organizations: AMN

☆ How to keep betting on a Meta breakout with protection in case of a pullback
▼ + stars: | 2024-10-02 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

The strategic focus Meta has placed on monetizing these AI tools across its platforms — including Facebook, Instagram, and WhatsApp — gives it a unique competitive advantage. This commitment to revenue generation from AI sets it apart from other firms still exploring AI potential without clear paths to monetization. If we review the chart for Meta, it has shown strong performance, recently breaking above a key resistance level at $545. Meanwhile, the company boasts robust growth projections with an expected future EPS growth of 22% (industry average of 16%) and a revenue growth rate of 15% (industry average of 11%). With these growth and profitability metrics, Meta appears undervalued, offering a compelling risk/reward profile for long-term investors looking to benefit from its AI-driven revenue potential.

Persons: WhatsApp, Meta Organizations: Facebook, Meta, CNBC, NBC UNIVERSAL

☆ Investors eying income solutions and defense stocks as geopolitical tensions rise
▼ + stars: | 2024-10-02 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +2 min

(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for Pro subscribers. Worldwide Exchange airs at 5 a.m. "The fixed income market has enough yield to bail you out if the geopolitical tensions get worse," said Hyman said on Worldwide Exchange. "Investors are not focusing on the likely U.S. response post election to replenishing defense stocks and ramping up capabilities." Worldwide Exchange Pick: Biotech Stocks Scott Ladner of Horizon Investments is seeing opportunities in the biotech sector, specifically the iShares Biotechnology ETF (IBB) and SPDR S & P Biotech (XBI) ETFs.

Persons: Simeon Hyman, Hyman, Terry Haines, Haines, Lockheed Martin, Scott Ladner, Ladner Organizations: Pro, Worldwide, Proshares Advisors, Defense, Lockheed, Raytheon, Biotech, Horizon Investments, iShares Biotechnology, P Biotech, Shipping Stocks Shipping, U.S Locations: Israel, Iran, Ukraine, South China, U.S, East, Gulf Coast

☆ Morgan Stanley believes shares of this airline are cheap and due for 50% comeback
▼ + stars: | 2024-10-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

It's only up from here for Latam Airlines Group , according to Morgan Stanley. Shares of Latam Airlines relisted on the New York Stock Exchange in July, after the company filed for bankruptcy in 2020. LTM YTD mountain LTM YTD chart However, Spiess believes that Latam Airlines' valuation still offers a steep discount, which the analyst said was "unwarranted." Meanwhile, the analyst noted that Latam Airlines offers "unparalleled connectivity" as the largest full service carrier in South America, which is still somewhat under-penetrated. These routes, where Latam Airlines has a market monopoly, are likely among the company's most profitable.

Persons: It's, Morgan Stanley, Jens Spiess, Spiess, LTM Organizations: Latam Airlines Group, Latam, New York Stock Exchange, Latam Airlines Locations: U.S, South America

☆ Where the charts indicate gold is headed next as it rallies on escalating geopolitical tensions
▼ + stars: | 2024-10-01 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Before we get started, it's important to point out that I believe that broader equity markets remain in a secular bull market with global central banks' easing monetary policy amid a backdrop of a boom in artificial intelligence that carries equity markets significantly higher in coming quarters. But the key in my opinion was that real interest rates were going higher. The way I'm defining 'real interest rates' is the prevailing nominal yield on a bond, the 10-year Treasury in this example, adjusted by the expected 10-year inflation level. Put simply, real interest rates are how much you actually earn on a fixed income investment after adjusting for inflation. So my outlook is that gold will continue to rally alongside equity markets.

Persons: let's, Todd Gordon, Gordon, HMY Organizations: Harmony, Equity, Treasury, Stock, Edge, Inside Edge, CNBC, NBC UNIVERSAL Locations: South

☆ An options trade that wins if the stock market and this key sector cool off in October
▼ + stars: | 2024-10-01 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

When a stock or ETF becomes overbought, it can maintain that condition for an extended period. In the one-year daily chart of Consumer Discretionary Select Sector SPDR (XLY) below, I've highlighted two similar instances from the past. RSI (Relative Strength Index): As a stock rises, the relative strength index (RSI) measures the strength of the trend. Once in overbought territory, it's advisable to wait until the RSI falls back below 70 before considering a contrarian trade. The trade To benefit from a pullback in XLY, the trade structure I am going to use is called a "bear put spread".

Persons: Nishant Pant Organizations: Federal Reserve, CNBC, NBC UNIVERSAL Locations: overbought

☆ Cramer's Lightning Round: McKesson is a buy
▼ + stars: | 2024-10-01 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Nano Nuclear Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon McKesson's year-to-date stock performance. Stock Chart Icon Stock chart icon Diamondback Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Littelfuse's year-to-date stock performance. Stock Chart Icon Stock chart icon Archer-Daniels-Midland's year-to-date stock performance.

Persons: It's, Archer, Daniels Organizations: Nano Nuclear Energy, Diamondback, Daniels Locations: Midland

☆ Bitcoin tumbles back to the $60,000 level as tensions in the Middle East heighten
▼ + stars: | 2024-10-01 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Around 4:45 p.m. Eastern time, bitcoin slid to as low as $60,175. Crypto exchange Coinbase dropped about 1% and bitcoin proxy MicroStrategy lost 2%, after closing lower by 7.4% and 3.5%, respectively. Stock Chart Icon Stock chart icon Crypto assets tumble to start October and the fourth quarterRising tensions in the Middle East dampened investors' risk appetite as the new trading month and quarter began. "Surging unrest across the Middle East has propelled oil prices upward and reinforced the dollar's strength, casting a shadow over bitcoin and other speculative investments," said Chris Kline, chief operating officer and co-founder of Bitcoin IRA. "Meanwhile, a global monetary tug-of-war is unfolding as various central banks slash interest rates and expand their money supplies."

Persons: Jonathan Raa, Cryptocurrencies, bitcoin, Coinbase, MicroStrategy, Hassan Nasrallah, Chris Kline Organizations: Nurphoto, Getty, bitcoin, Metrics, International Longshoremen's Association, Gulf Coasts Locations: Iran, Israel, Iranian, Lebanon

☆ France’s Marine Le Pen and her party go on trial accused of embezzling EU funds
▼ + stars: | 2024-09-30 | by ( Story Associated Press | ) edition.cnn.com time to read: +7 min

Le Pen, whose party has softened its anti-EU stance in recent years, denies wrongdoing and claims the case is politically driven. Le Pen was runner-up to Macron in the 2017 and 2022 presidential elections. This figure corresponds to the 3.7 million euros allegedly defrauded through the scheme, minus the 1 million euros already paid back. At the time, the party was also indebted to a Russian bank for 9.4 million euros, a loan taken out in 2014 for 6 million euros. That was decided by Marine Le Pen and others.

Persons: Marine Le Pen, Le Pen, ”, Le Pen’s, Emmanuel Macron, Pen, Le, Patrick Maisonneuve, Martin Schulz, Schulz, Alexandre Varault, Alain Jocard, Pen’s, Thierry Légier, Jean, Marie, Légier, Marie Le Pen, “ Organizations: Paris AP, National Rally, centrists, French National Assembly, National, Associated Press, Getty, National Front, Socialists Locations: Paris, France, AFP, Russian

Elsewhere, TD Cowen raised its price target on Costco to $975. 7:04 a.m.: TD Cowen raises Costco price target TD Cowen is even more bullish on Costco after hosting the company's leadership for a post-earnings meeting. Analyst Brian Bedell reiterated his buy rating and lifted his price target by $3 to $27, implying about 13% upside. With that, analyst Stephen Scouten upgraded Amerant to overweight from neutral and raised his price target by 50 cents to $25.60. — Pia Singh 5:50 a.m.: TD Cowen upgrades Accenture Investors should buy shares of Accenture as the company's recovery gains steam, according to TD Cowen.

Persons: Morgan Stanley, TD Cowen, Cowen, Oliver Chen, Costco's, Chen, Gary Millerchip, — Pia Singh, Brian Bedell, Bedell, Robinhood, Wells, Donald Fandetti, Fandetti, Piper Sandler, Amerant, Stephen Scouten, Scouten, JPMorgan Chase, Betsy Graseck, Graseck, NIM, Bryan Bergin, Bergin, Fred Imbert Organizations: CNBC, JPMorgan Chase, Accenture, Costco, Deutsche Bank, American, Amerant, JPMorgan, Services Locations: Florida, Friday's

☆ Levels to watch on the Nvidia chart from Katie Stockton after a poor third quarter for AI leader
▼ + stars: | 2024-09-30 | by ( Katie Stockton | ) www.cnbc.com time to read: +8 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: Katie Stockton Organizations: Nvidia, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: NVDA

☆ Here’s why Japan’s stocks are plunging after Shigeru Ishiba’s win
▼ + stars: | 2024-09-30 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

Japan's August retail sales climbed 2.8% year on year, beating Reuters poll estimates of a 2.3% rise, and up from a revised 2.7% rise in July. Ishida had beaten Economic Security Minister Sanae Takaichi in the final round of the Liberal Democratic Party election on Friday, sending the yen into a volatile session. A higher interest rate typically strengthens the yen and puts pressure on Japanese stock markets, which are heavily weighted by exporters. Chinese rally puts pressureThe Nikkei's decline on Monday also comes at a time when China's markets have been surging. Stock Chart Icon Stock chart icon

Persons: Shigeru Ishiba, Ishida, Sanae Takaichi, Ryota Abe, Takaichi, Ishiba, Abe, Steven Glass, CNBC's Organizations: Economic, Liberal Democratic Party, Bank of Japan, Sumitomo Mitsui Banking Corporation, CNBC, Bank of, Pella Funds Management, CSI Locations: Tokyo, Japan, Pella, Hong

☆ Cramer's Lightning Round: 'Do not sell Cracker Barrel'
▼ + stars: | 2024-09-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Cracker Barrel's year-to-date stock performance. Stock Chart Icon Stock chart icon Redwire's year-to-date stock performance. Stock Chart Icon Stock chart icon Cava's year-to-date stock performance. Stock Chart Icon Stock chart icon Nextracker's year-to-date stock performance. Stock Chart Icon Stock chart icon HSBC's year-to-date stock performance.

Persons: Julie Masino, I've, Jim Cramer's Organizations: BellRing, HSBC Locations: Cava

☆ Japan's Nikkei falls over 4%, Australia stocks hit fresh all-time high as investors await China data
▼ + stars: | 2024-09-30 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

A cycler passes the entrance to the Tokyo Stock Exchange (TSE) headquarters building in the Nihonbashi area of Tokyo on May 2, 2024. Richard A. Brooks | Afp | Getty ImagesJapan's Nikkei 225 tumbled over 4% Monday, while Australia stocks hit a fresh high ahead of key economic data from China. Stock Chart Icon Stock chart iconSeparately, China will release its official purchasing managers' index numbers for September, with economists polled by Reuters expecting the manufacturing PMI to come in at 49.5, a softer contraction compared to August's 49.1. The Caixin PMI survey, which is a private survey compiled by S&P Global, will also be released Monday. Australia's S&P/ASX 200 climbed 0.62%, breaching its all-time high of 8,246.2.

Persons: Richard A, Brooks, Topix, Australia's, Korea's Kospi Organizations: Tokyo Stock Exchange, Afp, Getty, Reuters, PMI, P Global Locations: Nihonbashi, Tokyo, Australia, China, Japan

☆ The one sector of the stock market that is cheap with upside today
▼ + stars: | 2024-09-29 | by ( Karen Firestone | ) www.cnbc.com time to read: +5 min

The table and chart below illustrate some characteristics of the biopharma stocks. The average price/earnings multiple for the group, using 2025 estimates, is 12.7 times versus 20.6 times for the S & P 500. A major knock on the biopharma group is the limited productivity from their extremely expensive research efforts, other than obesity drugs, over the past twenty-five years. The technology using AI might not be ready yet, particularly related to the complex biology of the human body. Complex programs exist already, such as AlphaFold, which predicts the structure of three-dimensional compounds using data on protein sequences.

Persons: Bristol Myers, Amgen, Eli Lilly, Lilly, Johnson Organizations: CNBC, Merck, Pfizer, Novo Nordisk, JPMorgan Locations: Bristol

☆ A notorious market bear who called the 2000 and 2008 crashes warns stocks are in their 'third great speculative bubble' in the last 100 years
▼ + stars: | 2024-09-28 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

AdvertisementJohn Hussman, the president of the Hussman Investment Trust who called the 2000 and 2008 market crashes, isn't shy about his characterization of the current market environment. The first piece of evidence Hussman cites is valuation, specifically the total market cap of non-financial stocks to total value added of those stocks. He predicted in 2000 that the S&P 500 would likely see negative total returns over the following decade, which it did. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 32% over the past year.

Persons: John Hussman, —, It's, Mike Wilson, Michael Kantrowitz, Lance Armstrong, Hussman, Armstrong, David Walsh Organizations: Service, Hussman Investment Trust, Tour de France, Hussman, Intelligence, Labor Locations: Irish

☆ 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

☆ Netflix's stunning comeback — explained in one chart
▼ + stars: | 2024-09-27 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

AdvertisementWho's going to win the streaming wars? Its would-be competitors are nowhere close. It no longer had the market to itself, and its flaws could no longer be covered up by go-go growth. AdvertisementThe best way to show how the streaming wars have worked out is via this chart: It shows you that Netflix stock is soaring. (We also threw Fox on this chart, even though the company has mostly stayed out of the streaming wars, though Tubi, its free service, is starting to gain momentum.)

Persons: —, fickleness Organizations: Netflix, Service, Disney, Comcast, Warner Bros Discovery, Paramount, Fox

Deutsche Bank reinstated Dell Technologies as a buy, calling for nearly 14% upside. 7:04 a.m.: Citi says Walmart remains a top pick, hikes price target Walmart is poised for more growth ahead, according to Citi. The firm upgraded the stock to overweight from neutral and raised its price target by $66 to $395. WYNN mountain 2024-08-30 WYNN month to date — Sean Conlon 5:49 a.m.: Deutsche Bank reinstates Dell Technologies as buy The stars are aligning for Dell Technologies , according to Deutsche Bank. Analyst Matt Niknam resumed coverage of the PC maker with a buy rating and a price target of $144, which implies upside of nearly 14%.

Persons: Morgan Stanley, Paul Lejuez, — Sean Conlon, Piper Sandler, Accenture Piper Sandler, Arvind Ramnani, GenAI, Ramnani, Sean Conlon, Bumble, Justin Patterson, Patterson, Stephen Grambling, WYNN's, they've, Matt Niknam, Niknam, DELL, Fred Imbert Organizations: CNBC, Deutsche Bank, Dell Technologies, Wynn Resorts, Citi, Walmart, Accenture, Markets, Wynn, Las, MGM Resorts, Caesars Entertainment, Deutsche Bank reinstates Dell Technologies, DELL, Dell Locations: Grambling, UAE, WYNN

☆ Mark Cuban says Trump has turned the GOP into his family business
▼ + stars: | 2024-09-27 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Mark Cuban says Trump has turned the Republican Party into his own "family business." AdvertisementMark Cuban said former President Donald Trump has made the Republican Party his "family business." The former president has five children — Donald Trump Jr., Ivanka Trump, Eric Trump, Tiffany Trump, and Barron Trump. Lara Trump is a former TV news producer and has been a fixture in her father-in-law's political career. Cuban and representatives of Trump didn't immediately respond to a request for comment from Business Insider, sent outside business hours.

Persons: Mark Cuban, Trump, Kamala Harris, —, Donald Trump, CNBC's, Cuban, David Tepper, Gary Gensler, Tepper, Gensler, we've, — Donald Trump Jr, Ivanka Trump, Eric Trump, Tiffany Trump, Barron Trump, Jared Kushner, Lara Trump —, Eric —, Lara Trump, Lara, MAGA, Donald Trump Jr, who's, Barron, Ross, Westcott, John Deere, Brian Tyler Cohen, Joe Biden, Harris Organizations: Republican Party, CNBC, Cuban, Service, GOP, SEC, Republican National, RNC, Trump, Team Publishing, Gen, Trump . Cuban, Democratic, Axios, Business Locations: Cuban, Mexico, American, Silicon

☆ 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

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