DIRS.INFO The most relevant business & tech news

☆ Earth on the brink of key warming threshold after year of ‘chart-busting’ extremes, researchers say
▼ + stars: | 2024-03-19 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A wind change increased flames during a planned ignition on the Ross Moore Lake wildfire in Kamloops, British Columbia, Canada, on July 28, 2023. A series of climate records last year gave new meaning to the phrase "off the charts," the U.N.'s weather agency said on Tuesday, warning that the planet is now on the brink of surpassing a key warming threshold. It confirmed 2023 as the hottest year on record and said the period from 2014 to 2023 also reflected the hottest 10-year period on record. The global average temperature in 2023 stood at 1.45 degrees Celsius above pre-industrial levels, researchers said, marginally below the key warming threshold of 1.5 degrees Celsius. The 1.5 degrees Celsius level is widely recognized as an indicator of when climate impacts become increasingly harmful to people and the planet, as outlined in the landmark Paris Agreement.

Persons: Ross Organizations: State, World Meteorological Organization, WMO Locations: Kamloops , British Columbia, Canada, Paris

☆ Move over gold, copper is now breaking out, according to the charts. How to play it
▼ + stars: | 2024-03-18 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

The Global X Copper Miners ETF (COPX) offers investors a liquid, cost-effective way to get broad-based exposure to copper mining stocks. —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.

Persons: It's, Katie Stockton Organizations: Copper Miners, Fairlead, CNBC Pro, Securities, ~$ Locations: Canada, U.S

☆ Timothée Chalamet already has audiences' hearts. The latest box-office numbers show he has their wallets, too.
▼ + stars: | 2024-03-18 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

Timothée Chalamet's recent films, 'Wonka' and 'Dune: Part Two,' have both surpassed the $200 million mark at the domestic box office. No film had crossed $200 million domestically since "Oppenheimer" last August. Chalamet, whose global box office total is over $2.5 billion, is proving he'll be a box-office draw for years to come. And now Timothée Chalamet has the box-office coin to prove he's one of the biggest draws in the movie business. Both titles have also surpassed the $200 million milestone domestically, something no other titles released this year have done so far.

Persons: Timothée, Wonka, Oppenheimer, Chalamet, —, He's, Bird, Leonardo DiCaprio, Roald Dahl's, Charlie, Frank Herbert's, Tom Cruise, Luca Guadagnino, John Travolta, Paul Dergarabedian, Dergarabedian, Timothée Chalamet, Alberto E, Rodriguez, Bob Dylan Organizations: Service, Warner Bros, Sony Pictures, Warner Bros ., Business, Hollywood

☆ Steve Harley, ‘Make Me Smile’ Singer, Dies at 73
▼ + stars: | 2024-03-17 | by ( Orlando Mayorquín | ) www.nytimes.com time to read: 1 min

Steve Harley, the 1970s British rock star who topped U.K. music charts with the single “Make Me Smile,” died on Sunday. No cause was given but Mr. Harley had announced last month that he would step away from the stage to undergo treatment for cancer and previously canceled several concerts scheduled for this year. Mr. Harley was the frontman of the band Cockney Rebel, which he formed in the early 1970s. His biggest hit was the 1975 single “Make Me Smile,” in which Mr. Harley’s even-keeled vocals and melancholic lyrics cruise over instrumentals bearing the optimistic sound distinct to bands of the era. The song hit the top of the British charts in February of that year.

Persons: Steve Harley, ”, Harley, Harley’s Organizations: Facebook Locations: British

☆ Beyoncé's country songs are bringing new listeners to the genre, boosting streams for Black artists
▼ + stars: | 2024-03-16 | by ( Micah Washington | ) www.cnbc.com time to read: +8 min

While some music critics praised Knowles' country tracks, other fans of the genre refrained from a warm welcome. Beyond just radio, Black artists and artists of color represented less than 4% of country songs played on the radio, airplay, charting songs, artists signed to major labels and award nominations, according to SongData. One such fan, Tenley Patterson, 26, said she didn't bother listening to country music before Beyoncé's releases, but was impressed with the country tracks. Rachel Whitney, head of editorial for the Nashville team, said playlists outside of the country genre are playing Knowles' country tracks, broadening its reach. The Beyoncé draw is also boosting exposure for other artists on some lists, like Lainey Wilson and Cody Johnson, who have more "traditional" country songs, Whitney said.

Persons: Beyonce, James Devaney, Cowboy Carter, Beyoncé Knowles, Tanner Adell, Mickey Guyton, Reyna Roberts, Knowles, Alice Randall, Randall, —, Rhiannon Giddens, hasn't, Jocelyn Neal, Maren Morris, Luke Combs, Kacey, Lil Nas, Nas X, Tim Mosenfelder, Neal, Knowles —, Taylor Swift, Beyoncé, George Bush, Tenley Patterson, I've, Patterson, It's, there's, Z, Rachel Whitney, Lainey Wilson, Cody Johnson, Whitney, Kevin Mazur Organizations: Scott, New York, Spotify, The New York Times, Radio, University of North, NBC, Houston, CMA, Republican, Nashville, Crypto.com Arena, The Recording Academy Locations: Brooklyn, New, New York City, U.S, Texas, an Oklahoma, University of North Carolina, San Francisco , California, Iraq, Los Angeles , California

☆ Gold, bitcoin and stocks hit record highs this week. Then came inflation data
▼ + stars: | 2024-03-15 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

The S&P 500 declined 0.7% and the Nasdaq Composite fell 1%. Turbulence for airline stocksAirline stocks have also been pummeled this week, as years of safety issues at Boeing continue to plague the industry. The NYSE Arca Global Airline index, which tracks the performance of major American and overseas airlines, is on track to end the week 2.2% lower. But Liz Young, head of investment strategy at SoFi, notes that the S&P 500 hasn’t seen a one-day decline of 2% or more since last February. AI up-and-comer Super Micro Computer will join the benchmark S&P 500 index on Monday.

Persons: New York CNN — Stocks, shrugged, Gold, Bitcoin, Dow, Price, ”, Ken Tjonasam, Max, Robert Jordan, Liz Young, Young, “ It’s, What’s, Jensen Huang Organizations: New, New York CNN —, Federal Reserve, Nasdaq, Dow, Global, Airline, Boeing, Latam, Wall, Southwest Airlines, Airbus, “ Boeing, ”, JPMorgan Chase, NYSE Arca, Nvidia, Computer, Investors, Federal, Market Committee, Fed, National Association of Home Builders, Census Bureau, National Association of Realtors Locations: New York, Australia, New Zealand, Wells Fargo

☆ While the rally in Nvidia stalls, this tech play is getting ready to rip, according to the charts
▼ + stars: | 2024-03-14 | by ( David Keller | ) www.cnbc.com time to read: +3 min

But despite the struggles of the largest stocks in the sector, Block (SQ) appears to breaking above a key resistance level. The key with a head and shoulders pattern is to wait for the "trigger", which is when the price actually breaks through the neckline. Here we can see that the recent breakout above the neckline was preceded by a price gap higher in February. Immediately after the price gap, SQ dropped down to around $75, a level which was retested again in early March. With inverted head and shoulders breakout on the weekly chart, and clearly defined risk levels on the daily chart, Block may just be worth investors' attention.

Persons: retested, David Keller Organizations: Nvidia, Apple, CMT

☆ Reading the charts: How to know when this stock market bull run is over
▼ + stars: | 2024-03-13 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

The S & P 500 just achieved its last upside target of 5,180 a few days ago. The S & P 500 has closed above its own intra-day midpoint 80% of the time since October lows. The index's longest streak of "good closes" (closes above the mid-point) since the October lows has been nine. Consistently strong market breadth Market breadth (or internals) can be measured different ways, but simply tracking the percent of stocks advancing every day is both the simplest and most useful. From this perspective, the S & P 500 has had positive internals 70% of the trading days since the October lows.

Persons: It's, That's, they've, we'll

☆ Is the breakout in gold for real? Here's what the charts say
▼ + stars: | 2024-03-12 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Being that gold is priced in U.S. dollars and is very sensitive to moves in interest rates, gold is trading INVERSE to the U.S. dollar. So those macro relationships summed up; Stocks and gold are trading together Stocks and gold are trading inverse to the direction of interest rates and the U.S. dollar. Breaking down the gold chart Turning to the technicals of the gold market, I have some concerning analysis for stock market bulls, myself included. If the gold market does not break out above the highlighted $2356 level we may be setting up for a failure. If so, watch the reaction in the stock market - does it move lower with the failed breakout in gold?

Persons: it's, Elliott, Gordon, GBTC Organizations: U.S ., UUP, U.S

☆ The dominance of the US economy and the stock market in 4 charts
▼ + stars: | 2024-03-12 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

The US economy has grown dramatically and powered its stock market in recent decades. "The longer-term rise in the relative size of the US equity market has reflected the dominance of the US economy," strategists wrote. Similarly, the prolonged increase in the US markets' relative total size reflects the dominance of the US economy, according to Goldman Sachs. Goldman SachsThe growth factorThe strength of the American stock market can be traced largely to its high volume of growth names. AdvertisementThe US stock market has more exposure to fast-growing companies than other countries.

Persons: Goldman Sachs, —, it's, Peter Oppenheimer, Goldman Organizations: Service, Federal Reserve, Exxon, Mobil, Ford, General Electric, IBM, Novo Nordisk Locations: Switzerland, Denmark, Novo, Danish

The Yemen-based branch of Al Qaeda said on Sunday that its leader, Khaled Batarfi, had died. Al Qaeda in the Arabian Peninsula, known as A.Q.A.P., released a video announcing Mr. Batarfi’s death, showing images of him wrapped in a white funeral shroud overlaid with a black Al Qaeda flag. The United States government once considered Al Qaeda in the Arabian Peninsula to be one of the world’s most dangerous terrorist organizations. The United States previously offered a $6 million reward for information about Mr. al-Awlaki, and $5 million for tips about Mr. Batarfi. Born in Saudi Arabia, Mr. Batarfi traveled in the 1990s to Afghanistan and fought alongside the Taliban before joining Al Qaeda’s branch in Yemen, according to a U.S. informational sheet about him.

Persons: Al Qaeda, Khaled Batarfi, Batarfi’s, ”, Gregory D, Johnsen, “, Ibrahim Al, Batarfi, Saad bin Atef, Awlaki Organizations: Al, United, Gulf States Institute Locations: Yemen, Al, Al Qaeda, United States, American, Washington, Sudanese, Saudi Arabia, Afghanistan, Al Qaeda’s

☆ Time to sell Nvidia? How to trade stocks that have 'gone parabolic'
▼ + stars: | 2024-03-11 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

When stocks are in steep uptrends, it can difficult be difficult to determine when a meaningful corrective move is going to take place. Two examples of steep uptrends are Meta (Meta) and Nvidia (NVDA) , both of which are pictured below. 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.

Persons: Berkshire Hathaway, Eli Lilly, NVDA, Katie Stockton Organizations: Microsoft, Nvidia, Broadcom, JPMorgan Chase, Fairlead, CNBC Pro, Securities Locations: Meta, Berkshire

☆ Jefferies analyst challenges Trump’s claim that Meta’s Facebook is ‘enemy of the people’
▼ + stars: | 2024-03-11 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +1 min

Jefferies' Brent Thill sees Facebook as vital — despite President Donald Trump calling it an "enemy of the people" on CNBC's "Squawk Box " on Monday. The reverse has happened for small businesses," the firm's tech sector lead told CNBC's " Fast Money ." "The reality is the economic value to all these small businesses' advertising is off the charts." But ultimately, I think, the value created is so great for these small businesses, it's hard to turn down the facts," said Thill. "I'd be buying this stock on this weakness," Thill said.

Persons: Jefferies, Brent Thill, Donald Trump, CNBC's, Trump's, Thill Organizations: Trump, Facebook, Meta, Google Locations: Monday's

☆ We're bracing for more choppiness in the market ahead as AI trade wobbles
▼ + stars: | 2024-03-11 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Many observers are arguing that some pockets of the market, mainly in the AI trade, have moved too far, too fast and are ripe for pullbacks. Meanwhile, we'll be keeping an eye on Club holding GE Healthcare's appearance Tuesday at Oppenheimer's MedTech and Services conference. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, industrials, there's, we'll, Oppenheimer's, Jim Cramer's, Jim Organizations: CNBC, Nvidia, Club, Linde, Nasdaq, FMC Corp, Procter, Gamble, Truist, Energy, EQT Corp, Boeing, of Justice, Alaska Airlines, Howmet Aerospace, Tech, Oracle, GE, Services, Jim Cramer's Charitable Locations: Albemarle, Newmont

☆ Top Wall Street analysts recommend these 3 dividend stocks
▼ + stars: | 2024-03-10 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. Energy TransferThis week's first dividend stock is Energy Transfer (ET), a master limited partnership or MLP. With an annualized distribution per unit of $1.26, ET stock offers an attractive yield of 8.4%. Target's quarterly dividend of $1.10 per share reflects a 1.9% year-over-year increase and represents a dividend yield of 2.6%. Tarlowe noted that the retailer's Q4 revenue benefited from a 10% rise in other revenue, thanks to solid growth in advertising.

Persons: Wall, Selman Akyol, Akyol, TipRanks, Ivan Feinseth, Feinseth, Jefferies, Corey Tarlowe, Tarlowe, TGT Organizations: Energy, MLP, Management, Garmin, Tigress, Aviation, Automotive, Target Locations: Harlem, Crestwood

☆ ‘We’re hemorrhaging money’: US health clinics try to stay open after unprecedented cyberattack
▼ + stars: | 2024-03-09 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +6 min

CNN —For more than two weeks, a cyberattack has disrupted business at health care providers across the United States, forcing small clinics to scramble to stay in business and exposing the fragility of the billing system that underpins American health care. It prevented some insurance payments on prescription drugs from processing, leaving many care providers effectively footing the bill without reimbursement. Health care groups have pleaded with the Department of Health and Human Services (HHS) to offer medical practices a financial lifeline. A week ago, Change Healthcare announced plans for a temporary loan program to get money flowing to health care providers affected by the outage. Tyler Mason, a spokesperson for Change Healthcare, declined to comment when asked if the company had paid off the hackers.

Persons: ”, Catherine Reinheimer, Mel Davies, ” Jesse Ehrenfeld, Reinheimer, Richard Pollack, Carter Groome, ” Groome, Tyler Mason, ALPHV, ” Ari Redbord, Joshua Corman, Corman, “ Organizations: CNN, Change Healthcare, Health, Department of Health, Human Services, Oregon Oncology, Healthcare, American Medical Association, US, Medical Group Management Association, Community Oncology Alliance, American Hospital Association, Justice Department, ALPHV, Labs Locations: United States, Philadelphia, UnitedHealth, Oregon

☆ Premarket stocks: Why another unexpectedly hot jobs report could derail markets
▼ + stars: | 2024-03-08 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

New York CNN —Wall Street was taken aback by the US labor market’s resilience in January. Another unexpectedly hot report could shake things up again. The January jobs report showed that the US economy added a stunning 353,000 jobs that month and the unemployment rate stayed at 3.7%. The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. The broad obligations apply only to the EU, which could leave tech users in the United States and other markets looking longingly at some of the features Big Tech is rolling out in response to the European directive.

Persons: Jerome Powell, he’s, “, ” Powell, Bonnie Cash, —, ’ ”, BeiChen Lin, It’s, Loretta Mester, ”, José Torres, Meta’s, Brian Fung, Apple, Bing, Read, Elisabeth Buchwald, NYCB, Steven Mnuchin’s, Alessandro DiNello, ” Read Organizations: CNN Business, Bell, New York CNN, Federal, Financial, Capitol, Reuters, Traders, Russell Investments, ” Cleveland Federal, CNBC, Market, Interactive Brokers, Apple, Google, Union citizens, Big Tech, New York Community Bank, Silicon Valley Bank, Liberty Strategic Capital Locations: New York, Washington ,, United States, NYCB, Silicon

☆ Jim Cramer hits the charts to see where gold is headed after hitting record highs
▼ + stars: | 2024-03-08 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Jim Cramer hits the charts to see where gold is headed after hitting record highs'Mad Money' host Jim Cramer takes a look at gold futures and where they are heading.

Persons: Jim Cramer

☆ Why Apple's recent decline may be just the beginning, according to the charts
▼ + stars: | 2024-03-07 | by ( David Keller | ) www.cnbc.com time to read: +3 min

The performance of the once-dominant Magnificent 7 stocks has certainly shifted in the first quarter, with charts like Apple (AAPL) beginning to diverge from the rest of the mega-cap growth leadership names. But is the recent decline for AAPL just the beginning? Since a strong rally in the first half of 2023, Apple has essentially been in a basing pattern. The RSI has moved into the oversold range as well, which tells me to expect at least some sort of bounce off this well-established level of price support. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Apple, It's, AAPL, David Keller Organizations: Apple, Nasdaq, RSI, CMT

☆ Climate change: The planet just shattered heat records for the ninth month in a row
▼ + stars: | 2024-03-06 | by ( Laura Paddison | ) edition.cnn.com time to read: +3 min

CNN —Last month was the planet’s hottest February on record, marking the ninth month in a row that global records tumbled, according to new data from Copernicus, the European Union’s climate monitoring service. It’s yet another grim climate change milestone, as the long-term impacts of human-caused global warming are given a boost by El Niño, a natural climate fluctuation. Global temperatures in the first half of the month in particular were “exceptionally high,” according to the analysis. “At times, the records have been broken by margins that are virtually statistically impossible,” McNoldy told CNN. The Copernicus data “tells a familiar story of warming temperatures and shifting patterns of weather,” said Hannah Cloke, a climate scientist and professor at the University of Reading in the UK.

Persons: Copernicus, El Niño, ” Carlo Buontempo, Brian McNoldy, ” McNoldy, ”, Hannah Cloke, Cloke, Derek Van Dam Organizations: CNN, El, University of Miami Rosenstiel School, “, University of Reading Locations: Paris

☆ Mark Cuban says he's not voting for Donald Trump because he doesn't want 'a snake oil salesperson as President'
▼ + stars: | 2024-03-06 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

The billionaire said Trump "will tell you his snake oil will cure everything that ails you." I'm voting for Biden/Harris over Trump all day every day," Cuban told Axios on Tuesday. Cuban told Axios that when it came to Trump and Biden, it was a match-up between "the snake oil salesperson vs the incumbent, traditional politician." Musk mocked Cuban on Monday and said Cuban would vote for Biden even if the president "were a flesh-eating zombie." He can do what he wants," Cuban said when asked about the reported meeting between Musk and Trump.

Persons: Mark Cuban, Joe Biden, Donald Trump, Trump, Biden, Cuban, —, Harris, Axios, Joe Biden's, he'd, Cuban's Biden, Elon, Musk, didn't, Biden's, Tesla, I'm, Andrew Ross Sorkin Organizations: Service, Biden, Trump, Cuban, Bloomberg, Elon Musk, The New York Times DealBook Summit, The Times, Musk, GOP, Republicans Locations: Florida

☆ These 3 restaurant stocks are breaking out, according to the charts
▼ + stars: | 2024-03-06 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

This prompted us to investigate the group further, which revealed that various stocks are sporting constructive technical formations. Restaurant stocks charts showing strength McDonalds (MCD) has had a wild ride over the last 10 months and now sits at the same price level that it was trading at last April — eleven months ago. MCD isn't the only restaurant stock that's sporting an attractive technical pattern. On the weekly chart, Restaurant Brands International (QSR) looks very similar to MCD, having formed its own inverse-head-and-shoulders formation over the last year. While this is no indication of what could happen now to MCD, YUM and QSR, it shows how breaking through multi-year resistance can attract momentum.

Persons: that's, —, Frank Cappelleri Organizations: Brands, Texas

☆ Kylian Mbappé breaks part of net with powerful goal as he’s hailed ‘No. 1 player in the world’
▼ + stars: | 2024-03-06 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

The 25-year-old’s double led the French side to a 2-1 victory over Real Sociedad in San Sebastián, Spain, giving it a 4-1 victory on aggregate over the two legs of their round-of-16 clash. Such was the power of his goal that the strike actually broke the net, leaving a hole behind between post and net. Mbappé doubled PSG’s lead on the night and effectively finished off the tie 11 minutes after halftime with another trademark goal. Mbappé scores PSG's second goal against Real Sociedad. Alvaro Barrientos/APAlthough Mikel Merino scored late on to give Real Sociedad some consolation, the evening was all about Mbappé and his excellent outing.

Persons: Kylian Mbappé, Germain, Mbappé, Alejandro Remiro, Alvaro Barrientos, Mikel Merino, “ We’re, ”, ” Mbappé, Luis Enrique lauding, ” Enrique, France’s, Mbappé –, Harry Kane, Erling Haaland, Rio Ferdinand, “, … Mbappé, don’t, Mbappé’s, ’ ”, Owen Hargreaves, Thierry Henry, Ronaldo Nazario, Hargreaves Organizations: CNN, Paris Saint, Champions League, Real Sociedad, PSG, Real Madrid, Bayern Munich, Manchester United, TNT Sports, France Locations: Paris, San Sebastián, Spain, –, England

☆ Bitcoin is set to make another run at the record and could rally to $98,000, according to chart analyst
▼ + stars: | 2024-03-06 | by ( Todd Gordon | ) www.cnbc.com time to read: +5 min

Bitcoin charged to new highs on Tuesday, but then retreated about 14%, sending a scare into the market. I've been following the bitcoin story for 10 years now, opened my first Coinbase account back in 2014 and bought bitcoin at $330. Are tech stocks — like semiconductors — acting as a leading indicator for bitcoin, signaling a sustained move through the highs? Higher rates and a higher dollar put downward pressure on U.S. tech stocks and bitcoin due to their positive correlation demonstrated above. As a result, tech stocks and Bitcoin are rallying.

Persons: Bitcoin, I've, Jerome Powell, Powell, bitcoin, It's, Gordon, GBTC Organizations: Nvidia, VanEck Semiconductor, BTC, Nasdaq, U.S ., Financial Services, Treasury, U.S, Elliott Locations: bitcoin

☆ This stock market is 'toppy' — not bubbly — and there is a very big difference
▼ + stars: | 2024-03-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

"This is not bubbly, it's toppy and there's a very big difference," Jim Cramer said. For the uninitiated, "toppy" is financial slang for a stock market that climbs to new highs and then falls back. Toppy, toppy, toppy." The energy, consumer staples, utilities, and financial sectors were positive despite the weak market action. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, we've, Nordstrom, Crowdstrike, Locker, Jim Cramer's, Jim, David Paul Morris Organizations: CNBC, Ross Stores, Jim Cramer's Charitable, Bloomberg, Getty

Search resuls for: "Charts"

25 mentions found