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Two weeks ago, I had covered a trade on Alibaba using a very popular indicator called the MACD (Moving Average Convergence Divergence). Note that a bearish crossover is happening again for ACN indicating a loss in upward momentum. With a bearish outlook on ACN, I’m utilizing a strategy known as a "bear put spread" to potentially profit from a pullback. The trade This involves purchasing a put option with a higher strike price and simultaneously selling a put option with a slightly lower strike, creating a net debit position. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: it's, Nishant Pant Organizations: Accenture, CNBC, NBC UNIVERSAL
A man who called police claiming he fell off a cliff while running from a bear — leading officials to discover a dead body — is now wanted for murder, Tennessee officials say. He told dispatch he had fallen off a cliff while running from a bear, and was left injured and partially in water, the sheriff's office said. Monroe County Sheriff’s Office“Mr. An arrest warrant has been issued for Hamlett for first-degree murder out of Monroe County, Tennessee. Officials warn Hamlett is considered armed and dangerous, known to use various aliases, and anyone who sees him is asked to call 911 or Monroe County Dispatch.
Persons: Brandon Andrade, Charles Hall, Brandon Kristopher Andrade, Andrade, Nicholas Wayne Hamlett, Hamlett, Nicholas Wayne Hamlet Organizations: Sheriff's, Charles Hall Bridge, Authorities, , Tennessee Bureau, Investigation, FBI, Dispatch Locations: Tennessee, Monroe, Tellico Plains, Alabama, Monroe County, Knox County , TN, Monroe County , Tennessee
—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: Jack, JACK, Katie Stockton Organizations: McDonald's Corp, Brands Inc, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities
Beauty and Estée Lauder are well-known companies in the beauty and cosmetics industry. Their customers generally have higher disposable incomes, as Estée Lauder is a luxury brand emphasizing premium, high-quality ingredients. Estée Lauder combines a traditional retail model with a growing e-commerce presence. Estee Lauder has fallen roughly 45% over the past seven months. ELF EL YTD mountain Estee Lauder vs. elf Beauty, YTD e.l.f.
Persons: Estée Lauder, Gen X, Nordstrom, Estee Lauder, Trump Organizations: Target, Walmart, Presidential, CNBC, NBC UNIVERSAL Locations: U.S, North America, United States, Asia, Europe, Americas, China, Estee
Google is ranking the site higher in search results as more people look to it for answers. "People are going to Google with the intention of ending up on Reddit," Huffman said at the conference. It now presents Google search results in natural language at the top of the page. While Reddit could be seen as a potential competitor to Google Search, Google itself has prioritized Reddit in its results after recent changes to its algorithm. Google and Reddit also announced a deal in February that allows Google to train its AI models using Reddit comments.
Persons: Steve Huffman, , Huffman, Reddit, Alpha, we've, there's Organizations: Google, Service, Wall Street
Reddit is becoming the new Google
  + stars: | 2024-10-27 | by ( Kenneth Niemeyer | ) www.businessinsider.com   time to read: +4 min
AdvertisementWhile speaking at a conference this week hosted by The Wall Street Journal, a reporter said she now uses Google Search mostly to get to Reddit for information. "People are going to Google with the intention of ending up on Reddit," Huffman said at the conference. While Reddit could be seen as a potential competitor to Google Search, Google itself has prioritized Reddit in its results after recent changes to its algorithm. Google and Reddit also announced a deal in February that allows Google to train its AI models using Reddit comments. Huffman said at the conference that it still feels like Reddit is "married to Google" but that "more and more people learn that Reddit has just pretty much everything that you're looking for."
Persons: Steve Huffman, , Huffman, Reddit, Alpha, we've, there's Organizations: Google, Service, Wall Street
Tesla (TSLA) surged more than 20% post earnings as CEO Elon Musk delivered an encouraging forecast and revealed surging sales in his electric vehicle company. This short-covering created a significant increase in volatility making option premiums increase lock-in-step. Volatility is a known characteristic for Tesla as the stock has a beta of 2.29, more than double that of the S & P 500. And Tesla earnings have historically created volatility in the stock. DISCLOSURES: (Long Tesla, sold this put spread, also short TSLA o-t-m calls and put options.)
Persons: Tesla, Elon Musk, Kilburg, YTD Musk Organizations: Shareholders, EV, CNBC, NBC UNIVERSAL Locations: TSLA, Tesla
Viking Therapeutics (VKTX) ... the eight-month standoff is at an end. After surging to $100 in mid February, Viking Therapeutics, has slumped some 40% in the ensuing eight months, and just now is coming to life. Two identical charts below: Converging trendlines... otherwise known as a symmetrical triangle chart pattern, depict the standoff of the past 8 months. A well-defined series of lower highs and lower lows, as the stock works into the apex of the formation. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Carter Worth, Carter Braxton Worth Organizations: Viking Therapeutics, CNBC, NBC UNIVERSAL
Pairs trading is a market-neutral trading strategy that involves simultaneously buying one asset, such as a stock, and selling another related asset. We will review a pairs trade candidate and how to execute it with options. The idea with pairs trading is that, from time to time or over time, there may be a divergence or spread in their prices. Alternatively, another form of pairs trading takes a longer-term and more fundamental perspective. Nike vs. Lululemon Well-known athletic apparel companies Nike (NKE) and Lululemon Athletica (LULU) aren't direct competitors.
Persons: Jim Simons, shorting, Lululemon Athletica, LULU, aren't, Michael Jordan, Tiger Woods, Serena Williams, Lulu, DK Metcalf, Jordan Clarkson, Leylah Fernandez, Lululemon, Lulu hedged Organizations: Ford, General Motors, Technologies, Nike, Seattle Seahawks, NBA, LULU, Lululemon, mojo, CNBC, NBC UNIVERSAL Locations: Lulu
People in the LGBTQIA+ community often use the word partner to describe their relationship to other parties. ‘Boyfriend’ can sound juvenileLike many couples, Rouzer found “boyfriend” an inaccurate description of her close companion. Carey explained that “the relationship escalator” is a concept where couples are expected to follow several steps in a romantic relationship. Even the term “partner” could feel ambiguous since people might not know if you’re talking about a life or business partner. For Rouzer, “partner” is the most appropriate label for her nine-year relationship.
Persons: Rouzer, ’ it’s, , Patricia S, Dixon, Zers, , Leah Carey, ” Carey, “ I’ve, Domenique Harrison, Carey, , , ” Harrison, Harrison, “ You’re, It’s, ” Jocelyn Solis, Moreira Organizations: CNN, National Louis University in, , United, United States Census Locations: National Louis University in Florida, Millennials, California, United States, New York
We can see the cup-with-handle pattern developing on the daily chart, consisting of a six-month rounded bottoming pattern followed by a brief pullback in the month of October. The key to a cup with handle pattern is the "rim" of the cup, which is essentially a trendline connecting the highs during the price pattern. Other indicators on the chart seem to suggest that an impending breakout is likely, especially the RSI which has been in a bullish range since July of this year. Similar to the daily chart, we can see the weekly RSI has been in a bullish range for the last five years. This continued bullish momentum range suggests a bullish secular trend, reinforcing the upside potential represented on the daily chart.
Persons: I'm, I've, David Keller Organizations: Kroger Co, Kroger, RSI, CMT, CNBC, NBC UNIVERSAL
In fact, the period just before and just after a stock reports is a perfect time to review the relevant patterns and levels. We're going to do just that today for Netflix (NFLX) , Meta (META) and Alphabet (GOOGL) , the biggest components of the S & P 500's communication services sector. Alphabet bullish pattern Alphabet reports earnings next week on Tuesday. Meta's key area Lastly, but certainly not least, Meta reports next Wednesday. Like NFLX and GOOGL, it's done a good job extending from upside gaps and filling downside gaps in 2024 in between earnings reports.
Persons: NFLX, that's, Meta, it's, Frank Cappelleri Organizations: Netflix, Meta, CNBC, NBC UNIVERSAL Locations: NFLX
As industries increasingly rely on real-time AI models, Akamai's infrastructure offers both speed and enhanced security by processing data closer to users. This technological edge, combined with the company's attractive valuation, offers substantial upside potential, with recent market activity reflecting growing investor interest in its AI-driven growth opportunities. AKAM has formed a classic bottoming pattern over the past few months and is now breaking above a major resistance level at $102.50. AI models distributed on Akamai's extensive edge computing network provide significant upside potential, especially as demand for low-latency AI solutions increases across various industries. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: AKAM, Zhang Organizations: Akamai Technologies, CNBC, NBC UNIVERSAL Locations: AKAM
“If something seems off, it probably is,” Dawson warns in the video spot, shared exclusively with NBC News. At the end, the video reveals that some of the Hollywood stars are mere deepfakes, with their voices and images superimposed on other actors. tools could make it easier to confuse and deceive voters with video and audio that looks and sounds plausible, experts say. represent UsThe campaign does not attempt to tackle or fact-check the flood of false information circulating this election cycle, from candidates, commentators, deepfakes or other means. Instead, it focuses on verifiable, concrete details about when, where and how Americans can cast ballots on Election Day, Lynn said.
Persons: Rosario Dawson, ” Dawson, Chris Rock, Laura Dern, Michael Douglas, Amy Schumer, Jonathan Scott, We’re, , Miles Taylor, Joe Biden’s, Democratic Sen, Ben Cardin, Michael Douglas –, Taylor, Trump, Joshua Graham Lynn, RepresentUs, ” Lynn, it’s, Kathy Boockvar, Lynn, Dawson, Donald Trump Organizations: Hollywood, NBC News, YouTube, New Hampshire Democratic, Senate Foreign Relations Committee, Democratic, U.S, Department of Homeland Security, College, Trump Locations: Ben Cardin of Maryland, Pennsylvania, Wisconsin, Iran
The stock is consolidating just below all-time highs and if Netflix's move after earnings is any indication, I think SPOT should punch through to new all-time highs. We're currently trading at $386, just below the all-time highs of $387 set back in 2021. The earnings trajectory for this company has been insane: 2022 EPS ($3.09) 2023 EPS ($2.95) 2024 EPS +$6.37 2025 EPS +$9.06 (est.) Netflix beat expectations and broke to new all-time highs led by new subs, 50% of which are coming from an ad tier. Meta is also in the communication sector sitting close to new all-time highs like NFLX, so the trend for this group remains firmly higher.
Persons: Todd Gordon, Gordon Organizations: Spotify, Apple, Sirius XM, Tactical Alpha, Netflix, Meta, Facebook, Inside Edge, CNBC, NBC UNIVERSAL
As a key benchmark for long-term interest rates, including 30-year fixed mortgage rates, this rise in yields is exerting negative pressure on the real estate sector. With this in mind, I'm looking to capitalize on the continued pressure on real estate as long as yields keep climbing. Below is a 6-month daily chart of the iShares U.S. Real Estate ETF (IYR) , which tracks the performance of U.S. real estate-related equities. The options chain for Nov. 8 shows that there is a 68% chance that the $102 call will expire worthless by expiration date. The trade Given the bearish outlook, I'm utilizing a bear call spread, also known as a call credit spread.
Persons: Nishant Pant Organizations: Treasury, Real, IYR, CNBC, NBC UNIVERSAL Locations: U.S
The largest source of revenue is the iPhone, and the company released its iPhone 16 last month. Other Apple products include Mac computers and iPad tablets, Apple Music, the Apple Watch, and other wearable devices. Android mobile devices indeed have a more significant smartphone market share internationally. The DOJ filed suit in March of this year, allegedly violating antitrust laws by monopolizing the smartphone market. At 31.5 times forward earnings estimates, Apple is four turns richer than the 27.5 5-year average.
Persons: Saudi Arabia's, what's, Dan Ives, YTD Organizations: Apple, Apple Music, Apple Watch, Cloud Services, Samsung, Microsoft, Saudi, Aramco, Android, DOJ, CNBC, NBC UNIVERSAL Locations: Americas, United States, Korea, China, Wedbush
Silver's breakout in absolute terms has the potential to result in relative outperformance versus gold in the weeks ahead. —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: Katie Stockton Organizations: CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities
The reality of breast cancer in men
  + stars: | 2024-10-20 | by ( Dr. Jamin Brahmbhatt | ) edition.cnn.com   time to read: +7 min
Why men don’t think about breast cancerWhen people think of breast cancer, most think of “pink” and breast cancer in women. Men make up about 1% of all breast cancer cases, which means 1 in 726 men will be diagnosed in their lifetimes. The diagnosis is rare in men, but that is still a lot of men getting breast cancer. The role of genetics in male breast cancerMutations in the BRCA1 and BRCA2 genes, which are more commonly associated with female breast and ovarian cancer, can increase a man’s risk for breast cancer. By raising awareness during Breast Cancer Awareness Month, breaking down stigmas and encouraging men to talk to their doctors, we can help catch cancer early and help men live longer.
Persons: Jamin, don’t, It’s, Olga Shefer, it’s, There’s Organizations: Orlando Health, Florida Urological Society, CNN, Cancer Locations: Florida
The US government is offering up to $10 million for information on Rybar, a Russian media outlet. It comes as part of a wider US crackdown on alleged Russian election interference. AdvertisementThe US government is offering up to $10 million for information on the Russian media outlet Rybar and its employees. "Anyone with information on Rybar LLC, these individuals, their malign activities, or associated persons or entities should contact Rewards for Justice," it said. The new reward offer comes as part of a wider US crackdown on alleged Russian election interference.
Persons: , Mikhail Zvinchuk, Rybar, Zvinchuk, Yevgeny Prigozhin —, Wagner, Vladimir Putin, Prigozhin Organizations: Service, Department, Justice, intel, Rybar, Rostec, Wagner Group, US Treasury Department, RT Locations: Russian, Russia, Ukraine, Texas
READING, Pa. — A Pennsylvania woman has been sentenced to two life terms without parole on murder convictions in the deaths of her two young children, who were found hanging in the basement of their home five years ago. Snyder displayed no reaction during Thursday’s hearing in Berks County and spoke only to decline to address the court, the Reading Eagle reported. Owen Snyder, 22, the older brother of the slain youngsters, who was 17 at the time of their deaths, called the defendant a “monster” he no longer considered his mother. Lisa Snyder is led into Berks County Court in Reading, Pa., on Nov. 17, 2023. Snyder had told police her son was bullied and had threatened to take his life, but authorities said they found no evidence to support her claim.
Persons: Lisa Snyder, Conner, Snyder, Judge Theresa Johnson, Owen Snyder, Michael Rubinkam, , , ” Snyder Organizations: Reading Eagle, Berks County Court Locations: , Pennsylvania, Albany Township, Philadelphia, Berks County, Reading, Pa
Tech billionaire Elon Musk said Friday that all voting should be “in person,” contradicting his own history of voting by mail and the efforts of his pro-Trump super PAC to get others to vote by mail, too. His super PAC, America PAC, is also promoting mail-in and absentee ballots this year. In mailers and on a website that links to absentee ballot request forms, the super PAC calls absentee voting a secure way for people to support Trump in the Nov. 5 election. Musk has given the super PAC nearly $75 million. But Musk’s opposition to mail-in and absentee voting is longstanding, and he has repeatedly declined to resolve his stated opposition with his own practice.
Persons: Elon Musk, Musk, Donald Trump, ” Musk, Musk’s, , X, Scott Presler Organizations: Tech, Trump, PAC, Voting, Dominion, SpaceX, NBC News, America PAC, U.S, Capitol, FBI Locations: Oaks , Pennsylvania, United States, California, Georgia, American, Pennsylvania, Harrisburg, , Iran
Ethan Miller/TAS23/Getty Images Swift performs "Lover" with her band, backup singers and dancers in Nashville, Tennessee, in May 2023. John Shearer/TAS23/Getty Images Swift performs in Glendale, Arizona, during the opening weekend of The Eras Tour in March 2023. Each night of the tour, Swift selects one lucky fan to receive a signed hat at the end of her song "22." Kevin Mazur/TAS24/Getty Images Swift performs with the band Haim in Santa Clara, California, in July 2023. Allen J. Schaben/Los Angeles Times/Getty Images Swift performs the 10-minute version of "All Too Well" in Nashville in May 2023.
Persons: Taylor Swift, Cynthia Moss, Dan, Vienna's, Thomas Kronsteiner, couldn’t, Vienna —, I’d, Swift, Moss, Heinz, Peter Bader, Swift’s, Kevin Mazur, Natasha, Ethan Miller, John Shearer, Kevin Winter, Benjamin B, Braun, Jutharat, Florence Welch of Florence, TAS2024, Raymond James, Zack Wittman, Hector Vivas, Gareth Cattermole, Ayhan Uyanik, Reuters Swift, Don Arnold, TAS24, Rachel Wisniewski, Terence Rushin, Jeff Pachoud, Travis Kelce, Elisabeth Mandl, Haim, Jeff Kravitz, Erin Clark, Aldara Zarraoa, Phoebe Bridgers, Bridgers, Sarah Yenesel, Sabrina Carpenter, William West, Christopher Polk, Bob Levey, TAS23, Allen J, Taylor, Florence Welch, Jack Antonoff Organizations: CNN, Austria CNN —, Ernst Happel, Vienna, AP, Swift City, Pittsburgh, MetLife Stadium, New York Times, Department, Getty, Reuters, Lincoln Financial, Washington Post, Ticketmaster, Boston Globe, Penske Media, Los Angeles Times, Kensington Palace, Victoria, Albert Museum, Wembley, Poets Department Locations: Miami Gardens , Florida, Vienna, Austria, Stephansplatz, Vienna’s, Stephen’s, Vienna's Stephansplatz, Austrian, Atlanta, United States, Europe, Salzburg's, Leopoldskron, St, Vienna's, Canada, London, East Rutherford , New Jersey, Chicago, Las Vegas, Nashville , Tennessee, Glendale , Arizona, Glendale, Swift, Los Angeles, Pittsburgh, East Rutherford, Paris, Florida, Tampa , Florida, Mexico City, Edinburgh, Scotland, Munich, Germany, Sydney, Philadelphia, Nashville, Lyon, France, AFP, Santa Clara , California, Foxborough , Massachusetts, Amsterdam, Netherlands, Kansas City , Missouri, Coney, Melbourne, Houston, Inglewood , California, Cincinnati, England, Hyde Park, Kensington, Florence
Your election questions, answered
  + stars: | 2024-10-19 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +26 min
They ranged from questions about the Electoral College to specific inquiries about why ballots in some counties look the way they do. We’ll add answers to new questions weekly until the election and also send them out to the What Matters newsletter audience. CNN did not project that President Joe Biden would win the 2020 election until four days after Election Day. -- Linda in WashingtonThere were a lot of questions about the Electoral College, which should frustrate people on both sides of the aisle. I’m not including the election of 1800, even though it resulted in a tie in the Electoral College.
Persons: I’ve, Debbie, Ariel Edwards, Levy, Read, they’ve, Will, Trump, Dennis, Donald Trump, don’t, faithless, Sen, Bernie Sanders of, Ron Paul of Texas, Jeanette, Elon Musk, , Democrats –, Elena, you’re, that’s, you’ve, Harris, Kamala Harris, CNN’s KFile, it’s, Ron, CNN’s Tami Luhby, Joe Biden, Hillary Clinton, George W, Bush, Jennifer Agiesta, what’s, we’re, hasn’t, noncitizens, Critics, doesn’t, Sheila, Nicole Unzicker, Unzicker, Terry I’m, Harvey Let’s, Doug Sosnik’s, Patricia, Al Gore, Rutherford B, Hayes, Samuel Tilden, Tilden, John F, Kennedy, Richard Nixon, James Garfield, Winfield Hancock, I’m, Sandra, Jack Smith, Julie Organizations: CNN, Electoral College, Washington, Puerto Rican, Social Security, Electoral, Library of Congress, Elon, Democrats, Trump, Colorado Presidents, Security, Federal, Republican, Heritage Foundation, Dominion, Senate, White, Democratic, Lumina Foundation, Supreme, eventual, Michigan Trump, Gallup Locations: Florida, Madison, Chad, Virginia, Michigan, Puerto Rico, Guam, Minnesota, Washington, DC, Puerto, Congress, Bernie Sanders of Vermont, Pennsylvania, Colorado, South Carolina, United States, California, Harris, Georgia, North Carolina, . Pennsylvania, Missouri, North Dakota, California , Maryland, Vermont, Washington ,, Ohio, Butler County, Texas, New York, It’s, today’s America, New Hampshire
Costfoto | Nurphoto | Getty ImagesNvidia , Google , Microsoft and dozens of other tech companies are descending on Las Vegas next week to showcase artificial intelligence tools they say will save doctors and nurses valuable time. Based on the speaking agenda and announcements leading up to the conference, AI tools to conquer administrative burdens will be the star of this year's show. Tech companies, eager to carve out a piece of a market that could top $6.8 trillion in spending by the decade's end, argue that their generative AI tools can help. Josh Edelson | AFP | Getty ImagesGoogle, for instance, said it's working to expand its health-care customer base by tackling administrative burden with AI. Vertex AI Search for Healthcare allows developers to build tools to help doctors quickly search for information across disparate medical records, Google said.
Persons: Alex Schiffhauer, Josh Edelson, Satya Nadella, Dimas Ardian, DAX Copilot, that's, Shiv Rao, Abridge Organizations: Nurphoto, Getty, Nvidia, Google, Microsoft, Las, CNBC, Mercer, Tech, AFP, Healthcare, Google's, Bloomberg Locations: Hangzhou, China, Las Vegas, Mountain View , California, Jakarta, Indonesia
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