DIRS.INFO The most relevant business & tech news

☆ Charts suggest traders should wait before they keep chasing utilities — the hottest trade of the year
▼ + stars: | 2024-09-18 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +5 min

Traders instantly react to the data (sometimes wildly so), especially when the actual numbers are distinctly different than estimates. Thus, historically, XLU has been correlated with the direction of treasury bonds (which move in the opposite direction of bond yields). Here's a chart with XLU and the TLT 20+ Year Treasury Bond ETF, which we're using since it's the most widely traded treasury bond ETF. From 2022 through 2023, XLU and TLT moved in the same direction more often than not. Another reason is simply that investors are aggressively seeking yield producing instruments, with the understanding that bond yields were destined to fall.

Persons: XLU, That's, TLT, We're Organizations: Federal Reserve, PPI, Utilities, Treasury Bond ETF, Bollinger, CNBC, NBC UNIVERSAL Locations: XLU

☆ A growth stock showing signs of a breakout even as investors rotate out of group before Fed
▼ + stars: | 2024-09-17 | by ( Todd Gordon | ) www.cnbc.com time to read: +5 min

I wonder if this is collectively the same group that doubted the bull market when it was rallying on narrow breadth led by the Mag 7. Today we'll revisit Meta (META) , the second largest market cap name in the sector behind Alphabet. I currently hold a 7% target allocation in my Tactical Alpha Growth (TAG) portfolio and a 2% target allocation in my Strategic Income & Growth (SIG) portfolio at Inside Edge Capital. -Todd Gordon, Founder of Inside Edge Capital, LLC DISCLOSURES: ( Gordon owns META in his wealth management company Inside Edge Capital. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Elliott, I'm, Zuckerberg, Todd Gordon, Gordon Organizations: Netflix, Spotify, CNBC Pro, Alpha, Edge, Inside Edge, CNBC, NBC UNIVERSAL

☆ A hedge that pays off if the chip stock comeback isn't for real
▼ + stars: | 2024-09-17 | by ( Nishant Pant | ) www.cnbc.com time to read: +2 min

Despite taking a beating in the latter part of August, most chip stocks have staged an impressive relief rally so far. Additionally, it's worth noting that the RSI (Relative Strength Index) is starting to curve downwards, signaling a loss of upward momentum. The trade The trade structure I am using here is called a "bear put spread". THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: AVGO Organizations: Broadcom, Investment, CNBC, NBC UNIVERSAL

☆ Gold keeps rising to record after record. How to play it from here with options
▼ + stars: | 2024-09-16 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Gold is at a new record around $2,610 per ounce — more than ten times the low of just over $253 per ounce in 1999. @GC.1 ALL mountain Gold futures, long term Physical gold holders typically retain their assets through market fluctuations. The fundamental case A notable exception has been Saudi Arabia, which has historically acted as a liquidity source by buying gold when prices fell and selling as prices rose. In 2023, central banks purchased 1,037 metric tons of gold, with China buying nearly 225 tons, the largest amount since 1977. The trade As an alternative to buying gold directly, one could consider purchasing a longer-dated call option and selling a nearer-dated strangle to offset decay on the SPDR Gold Shares (GLD) , which tracks the price of gold.

Persons: Carter Braxton Worth Organizations: CNBC, NBC UNIVERSAL Locations: U.S, Saudi Arabia, China, Central

☆ Apple shares are breaking down and could be under pressure for months, according to the charts
▼ + stars: | 2024-09-16 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 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: AAPL, Headwind, — Katie Stockton Organizations: Apple, AAPL, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: AAPL

☆ India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
▼ + stars: | 2024-09-15 | by ( ) www.cnbc.com time to read: +2 min

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. In Flipkart's case, a 1,696-page CCI report said the Indian units of Samsung, Xiaomi, Motorola, Vivo, Lenovo and Realme conducted similar practices. Siva Prasad wrote in the Amazon and Flipkart reports, in identical findings. Amazon, Flipkart and the CCI did not respond, and have not so far commented on the reports' findings. Both the CCI reports said that during investigations Amazon and Flipkart "deliberately downplayed" allegations of exclusive launches, but officials found the practice was "rampant".

Persons: Flipkart, Realme, G.V, Siva Prasad, Xiaomi, China's Vivo Organizations: Samsung, Reuters, Antitrust, Competition Commission of India, Amazon, Motorola, Vivo, Lenovo, China's, Bain

☆ Tesla is poised for a breakout, according to the charts
▼ + stars: | 2024-09-13 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

Before we get into the charts, it's important to discuss the process of choosing to write about TSLA this week. In other words, oftentimes, the most comprehensive method to locate constructive trade set-ups is reviewing a big list and taking note of the charts that look attractive. That's why I frequently intentionally do NOT look at the chart's stock symbol while going through a long list. I want the chart, and only the chart, to be the factor that influences my decision to potentially buy or sell it. Thus, seeing the above potential breakout attempt come to fruition would have a meaningful impact on its longer-term trend, too.

Persons: TSLA, That's, Frank Cappelleri Organizations: Tesla, CNBC, NBC UNIVERSAL

☆ A market and tech hedge ahead of an uncertain Fed decision next week
▼ + stars: | 2024-09-13 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

The Federal Reserve has telegraphed the kickoff of their interest rate cutting campaign to begin next week. I believe a quarter-point interest rate cut is their first step but, a half-point interest rate cut (which has the ability to roil markets) has recently been floated strongly. The Nasdaq-100 dropped 6% last week and is now up nearly 5% this week, these are not normal market conditions. QQQ YTD mountain Invesco QQQ Trust, YTD The Cboe Volatility Index , yet elevated, is not showing current signs of panic. The trade The CME Fedwatch tool is narrowly favoring a 25 basis point interest rate cut but, it is oddly closer to a coin toss than it was last week.

Persons: pont, QQQ Organizations: Federal Reserve, Fed, Nasdaq, CNBC, NBC UNIVERSAL

☆ The ‘sleeper case’ trying to stop Trump and the RNC from intimidating voters and poll workers
▼ + stars: | 2024-09-12 | by ( Devan Cole | ) edition.cnn.com time to read: +9 min

CNN —A nearly four-year-old legal effort by Black voters to convince a court to prevent former President Donald Trump and the Republican Party from potentially intimidating voters and poll workers is quietly coming back to life as the 2024 election approaches. First brought in the days following the 2020 election, the lawsuit has moved slowly through the federal courts in Washington, DC, as Trump’s claims of presidential immunity from civil lawsuits were being litigated. It coincidently has landed before US District Judge Tanya Chutkan, the judge handling the federal election subversion charges against Trump. Attorneys for Trump and the RNC have asked to dismiss the case, saying any conduct at issue constitutes protected political speech. A federal judge found the two men liable for targeting Black voters in 2023, saying that their actions ran afoul of the KKK Act, the VRA and other laws.

Persons: Black, Donald Trump, coincidently, Tanya Chutkan, Trump, Rajiv Parikh, “, ”, ” Chutkan, Jack Smith, Weeks, “ It’s, Parikh, they’ve, Ruth Greenwood, Greenwood, Jacob Wohl, Jack, Harris Organizations: CNN, Republican Party, US, Trump, Republican National, Republicans, GOP, Black, Democratic Party, RNC, Black voters, Ku Klux Klan, White, Michigan Welfare Rights Organization, Democratic National Committee, Harvard Law School, Democratic, Capitol Police, Biden Locations: Washington ,, Michigan, “, New Jersey, Georgia, Pennsylvania, Charlottesville , Virginia, Texas

☆ A hedge if this tech comeback is a head fake and a correction is still in order
▼ + stars: | 2024-09-12 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

The Technology Select Sector Index, which the ETF 'XLK ' tracks, is down about 9% since the all-time high on July 10. This is even though the technology sector earnings have experienced a compound annual growth rate 2.7% greater than the S & P 500. The chart below reflects the earnings growth of the Technology Sector vs. the S & P 500 over the past 20 years in a log scale. Not only has the technology sector grown earnings faster, but earnings growth has also been more stable. While technology stocks are down almost 9% from their all-time highs, those all-time highs also reflected all-time high valuations.

Persons: we've, it's Organizations: Technology, CNBC, NBC UNIVERSAL

☆ Stocks linked to the economy are acting poorly, especially this bellwether, according to the charts
▼ + stars: | 2024-09-12 | by ( Carter Braxton Worth | ) www.cnbc.com time to read: +2 min

Year to date, the S & P 500 machinery group is up only 8% versus the S & P 500 industrial sector, which is up 12%. The S & P 500 itself which is up 16%. We remain underweight industrials generally, and machinery stocks specifically. Here's S & P 500 machinery industry comprising 17 stocks with a total market capitalization of $764 billion: The 2-panel chart below depicts the S & P 500 machinery industry marking new highs the past 18 months, yet a series of lower relative highs to the market. Top Panel: S & P 500 Machinery Industry Group Bottom panel: Machinery's Relative Performance to the S & P 500 Index Caterpillar chart below... we're sellers here.

Persons: Here's, Carter Braxton Worth Organizations: Caterpillar, Machinery Industry, CNBC, NBC UNIVERSAL Locations: U.S

☆ A 'butterfly' options spread trade that pays off if there's an earnings-driven rally in Adobe
▼ + stars: | 2024-09-11 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

The company's innovation pipeline provide long-term growth potential, with the earnings event likely serving as a catalyst for further upside. With expected EPS growth of 14% and revenue growth of 11%, Adobe maintain its leadership in the software industry. To capitalize on the potential for an earnings-driven rally, we suggest using a "broken wing butterfly," which offers a high reward-to-risk ratio. Specifically, I suggest the ADBE Sep 20, 2024 $585/630/650 Call butterfly at $10.96 Debit. This strategy entails: • Buying the Sep 20 $585 Calls @ $18.80 • Selling the Sep 20 $630 Calls (2 contracts) @ $5.53 • Buying the Sep 20 $650 Calls @ $3.22 This butterfly strategy offers a maximum reward of $3,404 per contract while limiting risk to only $1,096 per contract.

Organizations: Adobe, CNBC, NBC UNIVERSAL

☆ Solar stocks get a Harris bump. What the charts say about whether the rally is for real
▼ + stars: | 2024-09-11 | by ( David Keller | ) www.cnbc.com time to read: +4 min

But the stock quickly dropped to find new support around $210, eventually settling into a trading range between $200 and $240. This price range lines up well with previous resistance from 2023, adding further conviction to the importance of these levels. But if RUN can finally break above the $24 level, that would mean clear skies ahead from a technical perspective. While solar stocks still have much to prove, their technical configurations suggest investors should watch this space closely leading into the November elections. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Kamala Harris, FSLR, it's, David Keller Organizations: Nasdaq, Inc, Sunrun Inc, CMT, Sierra Alpha Research, CNBC, NBC UNIVERSAL

☆ A trade that wins if Apple shares continue to break down following iPhone event
▼ + stars: | 2024-09-10 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

Moreover, shortly after Apple introduced the iPhone 16 , Chinese smartphone manufacturer Huawei launched its tri-fold phone, the Mate XT. This device garnered significant attention, securing more than 2 million pre-orders within just a few hours of its release. The trade The trade structure I'm employing is known as a "bear put spread." THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Tim Cook, AAPL, Nishant Pant Organizations: Apple, Huawei, AAPL, CNBC, NBC UNIVERSAL Locations: AAPL

☆ Small caps are outperforming large caps. How to use charts to find buy candidates in the group
▼ + stars: | 2024-09-10 | by ( Todd Gordon | ) www.cnbc.com time to read: +5 min

Then on July 11, things really got started as June CPI came in below expectations and the outlook for the first Fed rate cut became significantly more likely. Let's drill down into the sectors that makeup the Russell 2000 to see who's leading and lagging since that July 5th turning point. Let's find out who is actually profitable and could maintain the rally after the initial shine of a fresh rate cut wears off. Where to look in small caps A big component of the Russell 2000 based on market capitalization representation is health care at 18.7%. Should the Fed strike a dovish tone after the first rate cut I will be shopping for quality names.

Persons: Russell, Piper Sandler, Hamilton Lane, Jefferies, JEF, Todd Gordon, Gordon, ARES Organizations: Nasdaq, Inside Edge, CNBC PRO, Ares Management, Fed, CNBC, NBC UNIVERSAL Locations: financials

☆ How to trade Adobe's upcoming earnings using options
▼ + stars: | 2024-09-09 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

I'll break down various option trade scenarios into the earnings, focusing on one that will benefit from a big move in any direction. Adobe's Creative Cloud subscription model generates recurring revenue and maintains a solid customer base, from freelancers to large enterprises. Adobe's Document Cloud, featuring Acrobat and PDF solutions, is critical in digital document management and e-signatures. Of course, any bears out there could also use a calendar to bet on a downside move, using a $500 Sep/Jan put calendar. Combining the call and put calendar is a trade I usually refer to as a strangle swap.

Persons: Adobe Sensei, Jan, I've Organizations: Adobe, Labor, CNBC, NBC UNIVERSAL

☆ Red Lobster cleared to exit Chapter 11 bankruptcy protection
▼ + stars: | 2024-09-05 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

The exterior of a Red Lobster restaurant in Austin, Texas, on May 20, 2024. A bankruptcy court approved Red Lobster's plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. Red Lobster had struggled with increased competition, expensive leases, last year's disastrous shrimp promotion and a broader pullback in consumer spending. Current CEO Jonathan Tibus, who led the company through bankruptcy, will leave Red Lobster. "This is a great day for Red Lobster," Adamolekun said in a statement.

Persons: Damola Adamolekun, Jonathan Tibus, Adamolekun Organizations: Investor Holdings, Holdings, TCW, Fortress Investment Group Locations: Austin , Texas, Canada

☆ DirecTV is compensating customers affected by the Disney outage. But they have to take action to get it
▼ + stars: | 2024-09-03 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —For DirecTV subscribers frustrated by the loss of ESPN and other Disney-owned channels, the TV provider is offering some compensation as the blackout stretches into its third day. The company is offering credits of at least $20 to customers who have DirecTV, DirecTV Stream and U-Verse services — but customers won’t get the credit automatically. They must go to a special website and apply for it using their account’s email, and the credit will show up on a future bill. “We’re pursuing every avenue to get your station back,” DirecTV said on the website. “The Walt Disney Co. is once again refusing any accountability to consumers, distribution partners, and now the American judicial system,” Rob Thun, chief content officer at DirecTV, said in a previous statement.

Persons: won’t, “ We’re, ”, Rob Thun, it’s, CNN’s Liam Reilly Organizations: New, New York CNN —, DirecTV, ESPN, Disney, NFL, US, ABC, Walt Disney Co, CNN Locations: New York, Chicago, Los Angeles, American

watch nowAs the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the results. Nearly half of all the corporate money flowing into the election has come from the crypto industry, according to a report this week from the nonprofit watchdog group Public Citizen. More than 90% of the corporate crypto cash that's been raised was brought in this election cycle. Public Citizen's report found that of the 42 primary races that attracted money from crypto-backed super PACs, the candidate picked by the crypto industry won 36. "When Fairshake and its affiliates spend money to influence races, either by attacking crypto skeptics or boosting crypto supporters, the ads don't mention crypto at all," said Claypool.

Persons: Biden, Donald Trump, Rick Claypool, Coinbase, Andreessen Horowitz, Crypto, Brian Armstrong, Fairshake, It's, Claypool, Chuck Schumer, Kamala Harris's, Joe Biden, Harris, Faryar Shirzad, Trump, CNBC hasn't Organizations: Public Citizen, Securities and Exchange Commission, Republican, Senate, Supreme, Citizens, Federal, PAC, Public, CNBC, Trump, White Locations: Nashville , Tennessee, New York, California, cryptocurrencies, San Francisco, Nashville, United States

☆ Wall Street cheers Powell speech, but risks remain. This options trade capitalizes on a potential move lower
▼ + stars: | 2024-08-23 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

Federal Reserve Chair Jerome Powell's speech gave the stock market a jolt higher, reaffirming expectations for interest rate cuts going forward. Still, I believe the Fed will remain data dependent, which should temper euphoria and keep the S & P 500 in its 2024 range. I want to embrace this range and position accordingly for U.S. equites to again cool off going into September. Volatility has been the overarching theme for August, and I believe the recent uber-sensitivity to macro data will keep markets extraordinarily spastic. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Jerome Powell's, equites, Powell Organizations: Nvidia, Fed, CNBC, NBC UNIVERSAL

☆ Disney told a man he couldn't take it to court over his wife's death at one of its parks because he once had a Disney+ trial. Now it's backing down.
▼ + stars: | 2024-08-20 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Kanokporn Tangsuan, a 42-year-old doctor in New York, died in October 2023 from anaphylaxis after eating at a restaurant at Disney Springs at Walt Disney World in Orlando, according to the lawsuit. Walt Disney World's Disney Springs is home to a number of shops, restaurants, and attractions. This includes "any related disputes involving The Walt Disney Company, its subsidiaries, or its affiliates," the terms say. Piccolo agreed to the terms again when he logged into his Disney account to book tickets for Walt Disney World's Epcot park, Disney said. "Whether Piccolo actually reviewed the Disney Terms is also immaterial," the company's lawyers wrote.

Persons: —, Disney, Kanokporn, Walt Disney, Jeffrey Greenberg, Jeffrey Piccolo, Piccolo, Walt, Kanokporn Tangsuan, Josh D'Amaro, we've Organizations: Service, Disney, Disney Springs, Walt Disney, Business, Getty, Irish Pubs, Walt Disney Company, CNN Locations: Florida, New York, Orlando, Raglan, Irish Pubs Florida, Kanokporn

☆ Harley-Davidson is dropping diversity initiatives after right-wing anti-DEI campaign
▼ + stars: | 2024-08-19 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

Harley-Davidson said Monday that it’s ending diversity and other progressive initiatives at the company. Harley-Davidson is the latest major American brand to backtrack from DEI policies it had supported in recent years. Harley-Davidson faced pressure online from Robby Starbuck, a conservative activist who has successfully taken on DEI policies at several American companies. The company also said it would end its relationship with the Human Rights Campaign, a leading LGBTQ+ advocacy group. Harley-Davidson joins Tractor Supply and John Deere to backtrack on policies following pressure campaigns led by Starbuck.

Persons: John Deere, Harley, Davidson, Robby Starbuck, Starbuck, “, Harley Davidson, ” Starbuck, Elon Musk Organizations: New, New York CNN — Tractor, Harley, Wisconsin LBGT Chamber of Commerce, Human Rights, United, CNN, Tractor Supply Locations: New York, Milwaukee, Wisconsin

Byron Allen, founder, chairman, and CEO of Entertainment Studios and Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Allen Media Group owns broadcast stations in more than 20 markets between ABC, CBS and NBC affiliates, according to the group's website. Representatives for Allen Media Group declined to address the details of this story but said in a statement: "Mr. Allen started Allen Media Group 31 years ago from his dining room table. Allen Media Group is now one of the largest and fastest growing privately-held media companies in the world and is 100 percent Black-owned. Allen Media Group remains strong, and we continue to prudently manage our partner relationships as we have always done over our 31-year history," the statement says.

Persons: Byron Allen, Byron Allen —, Allen, Mr Organizations: Entertainment Studios, Allen Media Group, Milken Institute Global Conference, CNBC, ABC, CBS, NBC, NFL, Allen Media Locations: Beverly Hills , California, Midwest, Southeast, West Coast, Hawaii

☆ The Fed harbors an illusion that it has an influence over the macro economy, analyst says
▼ + stars: | 2024-08-14 | 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 EmailThe Fed harbors an illusion that it has an influence over the macro economy, analyst saysRob Arnott, chairman of Research Affiliates, discusses the U.S. economy and the market outlook.

Persons: Rob Arnott Organizations: Research

☆ How to determine if this comeback rally is for real, according to the charts
▼ + stars: | 2024-08-13 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Stocks have made a nice comeback after testing support last week in the wake of a violent summer swoon tied to the yen carry trade. I run four equity portfolios at Inside Edge Capital, the most actively managed is appropriately named "Active Opps." In this article I'll cover the technical formation of the resistance zone as well as the option hedge we're using. If this is an ill-fated rally, or a so-called bear market rally, my bet is it will fail around this zone. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Nvidia's, Todd Gordon Organizations: Edge, Nasdaq, Inside Edge, CNBC, NBC UNIVERSAL

Search resuls for: "Affiliates"

25 mentions found