DIRS.INFO The most relevant business & tech news

☆ Money can buy happiness for households earning up to $123,000, study suggests
▼ + stars: | 2022-11-10 | by ( Aria Bendix | Aria Bendix Is The Breaking Health Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

A recent experiment suggests that money can indeed buy happiness — at least for six months, among households making up to $123,000 a year. The group that got $10,000 reported higher levels of happiness than those who did not after their three months of spending. Then, after three more months had passed, the recipients still reported levels of happiness higher than when the experiment started. Ania Jaroszewicz, a behavioral scientist at Harvard University, said there is still no scientific consensus about whether money can buy happiness. Jaroszewicz highlighted that in any study of money and happiness, outcomes can also depend on the particular circumstances of people's lives and their expectations.

☆ Hope against hope. Traders are again talking up the prospect of a 'soft landing'
▼ + stars: | 2022-11-10 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

October consumer price index (CPI) month over month rose 0.4% versus the 0.6% that economists expected; ex-food and energy up 0.3% vs 0.5% expected. The headline year-over-year rate of 7.7% (lower than 7.9% expected) is now trending down four consecutive months. Finally, some signs inflation may be moderating, while jobs remain strong, even though we are hearing reports of accelerating layoffs in the tech sector. "You're seeing windows, floor covering decline, all related to housing. You're seeing the housing spillover starting to hit housing-related purchases, everything from appliances, furniture, floor coverings, window coverings."

☆ We are still in store for more to come on the downside, says Fairlead's Katie Stockton
▼ + stars: | 2022-11-10 | 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 EmailWe are still in store for more to come on the downside, says Fairlead's Katie StocktonKatie Stockton of Fairlead Strategies joins Carl Quintanilla and the 'CNBC Special: Taking stock' to discuss today's massive rally after a weaker-than-expected CPI number.

☆ A relief rally in coming weeks would be a selling opportunity, says Fairlead's Katie Stockton
▼ + stars: | 2022-11-10 | 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 EmailA relief rally in coming weeks would be a selling opportunity, says Fairlead's Katie StocktonKatie Stockton, founder and managing partner at Fairlead Strategies, joins CNBC's 'Squawk Box' to react to October's lighter-than-expected inflation report and breaks down her market forecast ahead of the open.

☆ Markets are setting up for a relief rally in the coming weeks, says chart analyst Katie Stockton
▼ + stars: | 2022-11-10 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

There may be some opportunities for investors to sell stocks with gains in the coming weeks as markets pose a relief rally, technical analyst Katie Stockton said Thursday. "We saw the relief rally then and over the summer extend higher for another month or so." Technical signals flashing Part of the summer rally was boosted by seasonal factors, she said. Tech oversold There's also favorable action in the Nasdaq 100, which has underperformed and exhibited strong downward momentum as of late. Tech stocks, which make up a large portion of the Nasdaq 100, surged in early trading Thursday.

Rep. Josh Harder is running against Republican Tom Patti in California's 9th Congressional District. 2022 General EmbedsCalifornia's 9th Congressional District candidatesHarder is a member of the Committees on Agriculture and Appropriations and currently represents the 10th District. When the decennial redistricting process broke up his current district, Harder initially announced his run in the new 13th District. He later switched his candidacy to the 9th District after longtime Democratic incumbent Jerry McNerney announced he would not seek reelection. Voting history for California's 9th Congressional DistrictCalifornia's 9th Congressional District is centered in Stockton, and San Joaquin County makes up the majority of the district.

☆ Democratic Rep. Josh Harder faces off against Republican Tom Patti in California's 9th Congressional District election
▼ + stars: | 2022-11-02 | by ( Hanna Kang | ) www.businessinsider.com time to read: +3 min

Rep. Josh Harder is running against Republican Tom Patti in California's 9th Congressional District. California's 9th Congressional District candidatesHarder is a member of the Committees on Agriculture and Appropriations and currently represents the 10th District. When the decennial redistricting process broke up his current district, Harder initially announced his run in the new 13th District. He later switched his candidacy to the 9th District after longtime Democratic incumbent Jerry McNerney announced he would not seek reelection. Voting history for California's 9th Congressional DistrictCalifornia's 9th Congressional District is centered in Stockton, and San Joaquin County makes up the majority of the district.

☆ This relief rally could last several weeks, says Fairlead's Katie Stockton
▼ + stars: | 2022-11-02 | 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 relief rally could last several weeks, says Fairlead's Katie StocktonKatie Stockton, founder and managing partner at Fairlead Strategies, joins CNBC's 'Squawk Box' to discuss whether the recent relief rally has legs ahead of the Federal Reserve's looming interest rate decision.

☆ 'Tables have turned on FANG': Tech earnings wreck splits the stock market
▼ + stars: | 2022-10-28 | by ( Patti Domm | In | ) www.cnbc.com time to read: +3 min

This earnings season's tech wreck could continue to pressure the Nasdaq Composite, while other sectors may help broader indices deflect some of the pain. Amazon 's stock was hammered after the company missed estimates and gave a disappointing sales forecast for the current quarter . The two were members of FANG, a group of four favorite stocks that joined other Big Tech in carrying the market to highs before the bear market. Apple's report has been much anticipated by investors, since it is 7% of the S & P 500. "A favorable reaction could lift tech off its lows and help extend the relief rally in the S & P. A gap down would do the opposite."

☆ Beyond the near-term we do think the bear market will keep hold, says Fairlead's Stockton
▼ + stars: | 2022-10-27 | 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 EmailBeyond the near-term we do think the bear market will keep hold, says Fairlead's StocktonKatie Stockton, Fairlead Strategies founder and managing partner, joins 'The Exchange' to discuss why she is long-term bullish and short-term cautious, the technicals in the S&P 500 and what she infers from the dollar's recent price action.

☆ Stockton serial killer used ghost gun, officials say, as man charged with 3 murders
▼ + stars: | 2022-10-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +5 min

A man who authorities say used a ghost gun in five homicides in Stockton, California, from April 2021 till late last month was formally charged with murder Tuesday. Police searching for a serial killer suspect arrested Wesley Brownlee, 43, during a traffic stop early Saturday. Those three deaths are among the six that police say a serial killer is responsible for. The district attorney said she expects additional charges in two other murders in Stockton, as well as an attempted murder. It’s thought to be one of the first known serial murder cases in which a ghost gun was said to be the weapon.

☆ TLT trade is counter trend and holds more risk, says Fairlead Strategies' Katie Stockton
▼ + stars: | 2022-10-19 | 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 EmailTLT trade is counter trend and holds more risk, says Fairlead Strategies' Katie StocktonKatie Stockton, founder and managing partner at Fairlead Strategies, joins 'Closing Bell' to discuss Treasury yields, signals of a corrective action to yields in the near-term and positive seasonal influences that contributed to the rally.

☆ October is a historically strong month for bitcoin, but price action this month has been oddly lackluster
▼ + stars: | 2022-10-19 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

The month of October, celebrated as "Uptober" by long-time crypto investors, has historically churned out some big gains for bitcoin. In seven of the last 10 years, bitcoin has posted a positive month. For four of the last six years, ether has ended the October trading month higher, according to Kaiko. Bitcoin was lower for the month by 0.3% as of Tuesday, while ether was down 1.4%, according to Coin Metrics. "Crypto market volatility has dipped to multi-year lows over the past month, with bitcoin's 20-day volatility now equal to that of the Nasdaq equity index," Kaiko head of research Clara Medalie told CNBC.

☆ Treasury yields could be peaking soon and that could ease some pressure on stocks
▼ + stars: | 2022-10-19 | by ( Patti Domm | In | ) www.cnbc.com time to read: +5 min

The closely watched 10-year Treasury yield has been setting new 14-year highs, but strategists expect it to ease from those levels in a matter of weeks, relieving pressure on the stock market. The 2-year Treasury yield, for instance, rose to 4.54% — its highest since 2007. Bond strategists and technical analysts say there is some scope for the 10-year yield to reverse course. Higher yields pressure stocks for a couple of reasons. "If we continue to see strong hiring and a low unemployment rate that will keep rates higher ... the softer the landing the higher rates will be," said Jeffery.

☆ Here's where stocks and inflation could be headed next after the market's stunning reversal
▼ + stars: | 2022-10-14 | by ( Jason Ma | ) www.businessinsider.com time to read: +7 min

Analysts at Barclays raised their forecasts on Fed rate hikes in December and February to 75 and 50 basis points, respectively. Any relief rally that takes hold in the stock market could send the S&P 500 to its first big resistance test around 3,914, Stockton added. High inflation reports could become the norm after more than a decade of sub-2% inflation readings, according to Bank of America. That's because underinvestment in energy production, sticky wage inflation, and aging demographics are set to drive structural inflation for years to come. There's reason to believe the stock market is close to its low point, according to RBC.

☆ October's wild trading could give way to a new stock rally, as earnings roll out in the week ahead
▼ + stars: | 2022-10-14 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

But Emanuel sees the chance for a 17% to 20% rally in the S & P 500. The S & P 500 was down about 0.9% for the week, as of Friday afternoon, and it was hovering just above 3,600. S & P 500 earnings are expected to grow by 3.6% for the third quarter, based on actual reports and estimates, according to Refinitiv. Without the boost from more than doubling profits from energy companies, S & P earnings would decline by 3.1%. Week ahead calendar Monday Earnings: Bank of America , Bank of NY Mellon, Charles Schwab 8:30 a.m.

☆ Top performing energy stocks may still be a buy based on their charts and earnings power
▼ + stars: | 2022-10-13 | by ( Patti Domm | In | ) www.cnbc.com time to read: +4 min

An ETF that mirrors the S & P technology sector has fallen 33% this year, while the ETF representing the energy sector is up 45%. On top of that, Strategas found that the energy sector is punching above its weight when it comes to earnings power. For instance, its 12-month trailing earnings weight among S & P 500 companies is more than double its S & P 500 market cap weight of about 5%. In the past 50 years, the sector has traditionally been about 11% of the S & P 500, he said. S & P energy earnings are expected to soar 121% in the third quarter, while total S & P 500 earnings are expected to grow just 4.1%, according to Refinitiv.

☆ Disney and Netflix are battling to sell ads on their cheaper versions, but Disney's pricing and seasoned sales teams are winning with brands
▼ + stars: | 2022-10-13 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Netflix is launching a tier with ads Nov. 3, with Disney+ following with a similar offering Dec. 8. Evercore estimated two-thirds of Disney+ subscribers would switch to the ad tier but the uptake remains a question. To be sure, many initial commitments to Disney+ Basic were negotiated as part of the larger TV upfront deals and ranged based on agencies' total spend. If Disney+ Basic underdelivers for advertisers, those buyers also have the assurance that Disney can fill the gaps with other parts of its video business. Disney+ has 152 million subscribers, including 45 million in the US, with a goal of hitting up to 165 million by the end of 2024.

☆ Chart analyst Katie Stockton says short Tesla, sees a 'topping formation'
▼ + stars: | 2022-10-12 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Tesla is a prime target for short-selling as the stock's chart pattern peaks, said Katie Stockton, founder of Fairlead Strategies. Tesla fell another 2.9% Tuesday, bringing the year-to-date loss to about 46%, worse than the Nasdaq Composite's 34% decline. Stockton said it's risky to hold Tesla, and that it will probably continue to weaken. "Maybe not in the very, very near term, but beyond the very near term, we do think that we'll see some additional downside leadership from Tesla." In Tesla's most recent quarter, earnings per share beat expectations while revenue came in lower than anticipated .

☆ Stockton: The S&P 500 is in a decisive breakdown below the summertime lows
▼ + stars: | 2022-10-12 | 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 EmailStockton: The S&P 500 is in a decisive breakdown below the summertime lowsFairlead Strategies founder Katie Stockton discusses whether the markets will retest the June lows, why commodities continue to offer some opportunities, and reveals her biggest short position right now.

☆ The Teen Mental Health Industry Is Failing Them - The New York Times
▼ + stars: | 2022-10-11 | by ( Alexander Stockton | ) www.nytimes.com time to read: +26 min

Sometimes they are treated in ways that are illegal to treat prisoners, let alone kids seeking mental health treatment. But former patients from residential treatment facilities whom Times Opinion interviewed said they received one-on-one therapy only once a week, if that. The company owns dozens of hospitals and hundreds of behavioral health facilities and makes about $11 billion a year. In 2017, when he was 15 years old, his mother, Renee Hanania, sent him to a UHS facility in Virginia. America’s patchwork mental health treatment is still insufficient.

☆ History shows the market should be bottoming soon, and inflation data could be catalyst
▼ + stars: | 2022-10-10 | by ( Patti Domm | In | ) www.cnbc.com time to read: +4 min

If the stock market is going to follow its historic pattern during a midterm election year, it would be bottoming just around now. "Typically, it's after Oct. 9 that you start to see some better performance," said Ari Wald, technical analyst at Oppenheimer. The analyst said that date was the average day the market bottomed in the last eight mid-term election years, going back to 1990. "Investors should moderate their expectations for US equity valuations; history shows these contract during periods of high volatility." "Generally our view is that the rate market is trading more off Fed policy and the Fed's commitment to fight inflation rather than the actual threat of inflation.

☆ CNBC Pro Talks: Chart analyst Katie Stockton on finding winning stocks in a losing market
▼ + stars: | 2022-10-05 | by ( Sarah Min | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Chart analyst Katie Stockton on finding winning stocks in a losing marketFairlead Strategies founder and chart analyst Katie Stockton shares what she is seeing on the technical side of the market. She also goes in-depth on the stocks she sees leading the way either up or down.

☆ What we know about the victims of the possible serial killer in Stockton, California
▼ + stars: | 2022-10-04 | by ( Antonio Planas | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +4 min

Police are searching for a person of interest in a series of five fatal shootings in Stockton, California, that are thought to be connected. “By definition, you could probably very well call this serial killings,” Stockton Police Chief Stanley McFadden said Friday. Paul Alexander YawPaul Alexander Yaw. via FacebookGreta Bogrow, 60, of Texas, said Monday that her son Paul Alexander Yaw was killed July 8 at a park in the Northern California city. It’s been really, really hard.”The station reported that Debudey was a father and that he and Lopez met 28 years ago when they were in high school.

☆ Fairlead Strategies founder Katie Stockton offers her playbook for a market bounce
▼ + stars: | 2022-09-26 | 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 EmailFairlead Strategies founder Katie Stockton offers her playbook for a market bounceKatie Stockton, Fairlead Strategies founder, joins 'Closing Bell: Overtime' to discuss what investors should be looking for in a meaningful market bounce.

Search resuls for: "stockton"

25 mentions found