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☆ Shorts have gotten overcrowded in corn, says Jim Cramer
▼ + stars: | 2024-09-09 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

'Mad Money' host Jim Cramer hits the charts with corrn futures. Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email

Persons: Jim Cramer

☆ Buy levels for 3 industrial stocks that benefit from the AI boom and sector megatrends
▼ + stars: | 2024-09-06 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Like Thursday's look at buy levels for our four 1-rated megacaps — Amazon , Meta Platforms , Microsoft , and Nvidia — we like the business prospects of those industrial names and think their stocks will move higher over time. Here's a look at key technicals in their stock charts that signal attractive buy levels. By now, members likely know that the two levels we are always going to watch are the 50-day moving average and the 200-day. That puts a first buy level at just over $80 apiece , right at the 50-day moving average and around current levels. That said, a move below $170 would represent a breakdown below the 200-day moving average.

Persons: Eaton, we've, Jim Cramer's, DOV, ETN, Jim Cramer, Jim, Jason Marz Organizations: Microsoft, Nvidia, DuPont, Dover, CNBC Locations: Dover

☆ The organizers of a January 6 awards gala claim Trump's song with riot defendants' prison choir 'went Platinum.' It didn't.
▼ + stars: | 2024-09-05 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Read previewIf the indefinitely postponed J6 Awards Gala ever happens, one very special attendee will be in for a treat. Advertisement"Released on March 3, 2023, this song quickly went Platinum, thanks to your unwavering support," the website says. The RIAA website that catalogs gold and platinum-certified songs does not include any music from Donald Trump nor from the J6 Prison Choir. The J6 Awards Gala promises to auction off a plaque commemorating the "Platinum status" of Donald Trump's musical single. It isn't clear if Ronald McAbee is a member of the J6 Prison Choir.

Persons: —, Donald Trump, President Trump, There's, Erin Burr, Donald Trump's, Mac Miller —, Rae Sremmurd, Forbes, Ed Henry, Trump, Rudy Giuliani, Peter Navarro, Sarah McAbee, Ronald McAbee, Rudolph Contreras, Contreras, Sarah McAbee didn't Organizations: Service, Business, Republican, Recording Industry Association of America, RIAA, J6, Trump, BI, Billboard, Fox, White House, New York Times, Capitol Locations: Washington, DC, Bedminster, New Jersey, Tennessee

☆ With tech stocks on the sale rack, here are levels to buy Meta and 3 other megacaps
▼ + stars: | 2024-09-05 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

However, given that September has historically been the worst month of the year for the market, we're layering in some technical analysis to identify some buy levels. We published our prior buy levels analysis on June 26. Clearly, we should have been a bit more conservative in our buy levels, however, in our defense shares only traded below $162 for two days. However, we must be mindful that a move there would once again mean we've broken below the 200-day moving average. Below that and we're looking for the 200-day moving average to hold at around $89 apiece.

Persons: we're, we've, that's, wouldn't, Jim Cramer's, Jim Cramer, Jim, Mark Zuckerberg, Emily Chang, Jason Henry Organizations: Microsoft, Nvidia, Club, CNBC, Meta, Inc, Bloomberg, Getty Locations: Menlo Park , California

☆ Trump lawyers are set to argue in court this week that the hit '80s song 'Electric Avenue' wasn't properly copyrighted
▼ + stars: | 2024-09-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

Trump's lawyers are expected to argue that, for decades, Grant somehow neglected to copyright the sound recording, or "master," for "Electric Avenue." Trump's lawyers acknowledge that Grant copyrighted the sheet music 40 years ago. Trump's side may argue that even Grant has tacitly acknowledged that the sound-recording copyright for "Electric Avenue" was never properly nailed down. Two weeks ago, on August 15, Grant applied to the US Copyright Office "for a sound-recording copyright registration of Electric Avenue," a court filing says. AdvertisementAnd Grant has been deposed by Trump's lawyers, who asked the artist to "explain" the song.

Persons: —, Donald Trump, Eddy Grant, Grant, Joe Biden, Trump, Neil Young's, Isaac Hayes, Hayes, Eddy Grant's, John G, Brett Van Benthysen, Dan Scavino, Van Benthysen, Scavino, weren't Organizations: Service, Trump, Twitter, Business, Trump —, MTV, Electric, Warner Records, Greenheart, US Locations: Manhattan, Barbados, Georgia

☆ A famed economist who called the 2008 recession warns the Fed is behind on rate cuts — and that a downturn is coming despite 'off the charts' investor sentiment
▼ + stars: | 2024-08-24 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

"Incredibly, the Fed raised rates 500 basis points under a false presumption — by over one million — of just how robust the jobs market was," Rosenberg said. AdvertisementIn addition to the yearly revisions, monthly payroll revisions from the Bureau of Labor Statistics have also been poor more recently. Related storiesOne is a model that aims to enhance the yield curve as a recession indicator by taking into account US businesses' ability to repay debts and the Fed's National Financial Conditions Index. A soft-landing outcome, where the Fed avoids sending the economy into recession, is also still the consensus view on Wall Street. With inflation down under 3% and rate cuts almost surely on the way, such a scenario is still seemingly possible.

Persons: —, David Rosenberg, Rosenberg, Merrill Lynch, Pascal Michaillat, Emmanuel Saez, Vane, Chuck Prince, Ian Shepherdson, Shepherdson, payrolls, Jerome Powell, Powell Organizations: Service, Federal Reserve, Rosenberg Research, Business, Bureau of Labor Statistics, Fed, Treasury, Pantheon, Labor Locations: Jackson Hole , Wyoming

☆ The maker of Mike Lynch's yacht says it took 16 minutes to sink and the crew should have had time to rescue passengers
▼ + stars: | 2024-08-23 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewThe maker of Mike Lynch's superyacht, which sank off the coast of Sicily, said it was "absolutely stable" and that it never should have gone down. It went down in 16 minutes," Costantino told the Financial Times. Advertisement"The boat sank because it took on water," Costantino said. Advertisement"The water came in from [hatchways] left open," Costantino told FT. "There is no other possible explanation. Witnesses told BBC News they saw a waterspout — an uncommon weather phenomenon consisting of tornadolike wind and water — before the ship went down.

Persons: —, Mike Lynch's superyacht, Lynch, Hannah, Mike Lynch, Yui Mok, Giovanni Costantino, Costantino, Recaldo Thomas, Stephen Askins, MailOnline, Matthew Schanck, Schanck Organizations: Service, Business, Divers, Italian Coastguard, Italian Sea Group, Financial Times, BBC News Locations: Sicily, Palermo, Italy, London

☆ Traveling to die: The latest form of medical tourism
▼ + stars: | 2024-08-23 | by ( Debwaldman | Kff Health News | ) edition.cnn.com time to read: +9 min

At that point, she would have had to travel to Switzerland — or live in the District of Columbia or one of the 10 states where medical aid in dying was legal. (Montana effectively allows aid in dying through a 2009 court decision, but that ruling doesn’t spell out rules around residency. In Oregon, 23 out-of-state residents died using medical assistance in 2023, just over 6% of the state total, according to the Oregon Health Authority. She would’ve preferred to travel from her home in Pennsylvania to neighboring New Jersey for medical aid in dying, but it is allowed there only for state residents. Instead she has arranged to die in Vermont, one of two states that explicitly allow medical aid in dying for nonresidents.

Persons: Francine Milano, she’d, ”, “, Milano, Oncologist Charles Blanke, he’s, ” Blanke, Peg Sandeen, Kris Brackin, would’ve, nonresidents, Eric Harkleroad, Diana Barnard, there’s rescheduling, “ It’s, Anita Hannig, Sandeen, Barnard, Blanke, Airbnbs, Milano hasn’t, Dr, Sanjay Gupta, That’s, she’ll, it’s Organizations: Health, District of Columbia, Vermont Department of Health, Oregon Health Authority, KFF, Craigslist, CNN, CNN Health, KFF Health Locations: Pennsylvania, Vermont, Lancaster, Switzerland, District, Oregon, Montana, New York, California, Portland, U.S, Carolinas, Florida, Texas, New Jersey, America, . Delaware, Burlington, When Oregon

☆ Is Nvidia's earnings report really make or break? Here's why we don't think so
▼ + stars: | 2024-08-23 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

While expectations are high and caution is certainly warranted, we don't think it's quite that simple. While the Oscillator and Williams' work do point to possible selling pressure ahead, we don't want to get too bearish. However, we don't think the risks are so elevated as to warrant more than a small cash raise. We still view Nvidia as an "own it, don't trade it" stock, but we also don't keep our heads in the sand. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Larry Williams, Williams, Jim, Estee Lauder, Morgan Stanley, hasn't, they've, We're, Jim Cramer's, Dominika Organizations: Nvidia, Club, Abbott Laboratories, Federal, Blackwell, Apple, Microsoft, Super Six, Jim Cramer's Charitable, CNBC, Nurphoto, Getty Locations: Williams

☆ Chinese tech giant Tencent's quarterly profit jumps 82% as key gaming unit accelerates
▼ + stars: | 2024-08-14 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Here's how Tencent did in the June quarter against LSEG consensus estimates:Revenue: 161.12 billion Chinese yuan ($22.5 billion) versus 160.77 billion yuan expected. 161.12 billion Chinese yuan ($22.5 billion) versus 160.77 billion yuan expected. Profit attributable to equity holders of the company: 47.63 billion Chinese yuan versus 39.95 billion yuan expected. Tencent said its China games business brought in revenue of 34.6 billion yuan in the second quarter, a 9% year-on-year rise. International games revenue also rose 9% versus the year ago period to 13.9 billion yuan.

Persons: Tencent, of Organizations: Artificial Intelligence, Revenue, Investors, Fighter Mobile, South, Tencent, Mobile, DnF Locations: Shanghai, That's, China, Valorant

☆ 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

☆ The energy sector decline is overdone and this stock could lead the bounce, according to the charts
▼ + stars: | 2024-08-12 | 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: DVN, Katie Stockton Organizations: Devon Energy, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: Devon

☆ Levels to watch on the yen, bond yields and Nvidia to know when this volatile market spell is over
▼ + stars: | 2024-08-12 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

S & P down 5.50% here, headlines of a Nikkei crash, and another great Yen carry unwind happening. I traded for a hedge fund and served as senior technical analyst for an foreign exchange company during the great financial crisis of 2008 that saw a severe yen carry unwind. If the line is headed south the dollar is weakening relative to the yen, and the yen is strengthening relative to the dollar. I believe that the July 11th CPI print that came 0.1% below expectations was the culprit to this whole yen carry unwind. Could this yen carry unwind move further?

Persons: it's, Todd Gordon Organizations: Nikkei, Markets, Inside Edge, CNBC, NBC UNIVERSAL

☆ Markets rebounding after Monday’s carnage, but will it last?
▼ + stars: | 2024-08-06 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Markets around the world are getting some relief after the steep declines suffered Monday. Japan's Nikkei 225 surged more than 10% overnight — its biggest one-day gain since 2008 — clawing back some of its losses from the previous session. In the U.S., stock futures pointed to slight gains at the open. It might be an easier call if it was October, but we frankly struggle to think of many markets that have put in their corrective lows in early-August," Verrone wrote. The Cboe Volatility Index (VIX) , Wall Street's preferred fear gauge, remained elevated around 32, though it was down 16% in morning trade.

Persons: Morgan Stanley, Trump, Thomas Salopek, Chris Verrone, Verrone, Wall Street's Organizations: Japan's Nikkei, Dow Jones Industrial, Taiwan Semiconductor Locations: U.S, Coinbase

☆ CNBC Daily Open: Dow sheds 1,000 points
▼ + stars: | 2024-08-06 | by ( Abid Ali | Kevin Lim | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street sinksThe Dow Jones Industrial Average and the S&P 500 suffered their sharpest declines in nearly two years, as growing concerns about the U.S. economy rocked global stock markets. The Dow plummeted over 1,000 points, while the S&P 500 and Nasdaq Composite fell 3% and 3.4%, respectively. Wharton finance professor Jeremy Siegel urged the Federal Reserve to make an emergency 75-basis-point cut in the federal funds rate following Friday's disappointing jobs data. [PRO] Don't panicDespite a global stock market rout, several investors and strategists advised against panicking at this point.

Persons: Berkshire Hathaway, Amit Mehta, Wharton, Jeremy Siegel, Siegel, Austan Goolsbee, Goolsbee, CNBC's, cryptocurrencies, Bitcoin, bitcoin, Nexo, Antoni Trenchev, panicking Organizations: CNBC, Dow Jones Industrial, Dow, Nasdaq, Tech, Nvidia, Tesla, Berkshire, Google, Department of Justice, Federal Reserve, Chicago Federal, bitcoin Locations: U.S

But, Mau said, she was also inevitably able to draw from some of her own personal experiences. He won’t stop talking about her, and she seems to be taking up a lot of space in his life. Maybe it’s not so much who she is, but what she gives you.’”It’s that kind of moral ambiguity that, Mau speculates, has transformed “Baby Reindeer” into a global phenomenon. Unmasking the real identity of Martha is “not what the show is about,” Mau said. But the general public doesn’t seem to realize “that trans people are also really funny,” Mau added.

Persons: Mau, Donny, “ I’ve, ” Mau, Teri, Martha, “, ”, Richard, “ Donny, hasn’t, Fiona Harvey, Harvey, Gadd, Penn Badgley, — Organizations: Netflix, Television, Association, Gotham TV, NBC Locations: Latina, Scottish

☆ ‘Deadpool & Wolverine’ reign again with massive second weekend
▼ + stars: | 2024-08-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +4 min

“Deadpool & Wolverine” is dominating the charts again after earning $28.3 million on Friday. Rivals are putting the Disney release at a 55% drop though, demonstrating that “Deadpool & Wolverine” has immense appeal beyond Marvel diehards. “Deadpool & Wolverine” looks to blast past that figure in only in its second weekend and there’s no real signs of slowing down after that. Universal also has another top five slot with “Despicable Me 4,” still drawing a crowd in its fifth weekend of release. Total domestic gross surpassed $300 million earlier this week — one of only three titles this year to notch that milestone.

Persons: Marvel Jesus, “ Deadpool, ”, Ryan Reynolds, Hugh Jackman, Deadpool, Marvel, “, Josh Hartnett, he’s, “ Harold, Zachary Levi Organizations: Disney, Warner Bros, Universal Locations: “ Kingdom

☆ Top Wall Street analysts like these 3 stocks for long-term prospects
▼ + stars: | 2024-08-04 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Instead, they should consider the recommendations of top Wall Street analysts, who perform an in-depth analysis of a company's fundamentals so they can highlight stocks with solid long-term growth potential. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. However, the growth in YouTube advertising revenue slowed down in the quarter and missed analysts' expectations. Following the results, BMO Capital analyst Brian Pitz reiterated a buy rating on GOOGL stock with a price target of $222. (See ServiceNow Stock Charts on TipRanks)Travel + LeisureThis week's third stock is Travel + Leisure (TNL), a membership and leisure travel company.

Persons: Brian Pitz, Pitz, TipRanks, ServiceNow, Goldman Sachs, Kash Rangan, ServiceNow's, Ivan Feinseth, Feinseth, TNL Organizations: Wall Street, BMO Capital, BMO, YouTube, Tigress, Sports Illustrated Resorts Locations: TipRanks

☆ 2 recession indicators with perfect track records show the US just entered a downturn — opening the door for stocks to plummet as the Fed gets set to cut rates
▼ + stars: | 2024-08-03 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

AdvertisementSt. Louis FedDespite the Sahm Rule's impressive history, it is sometimes criticized because it fails to account for rising labor participation, which can raise the unemployment rate. In addition to downcast labor market data, the ISM Manufacturing Index fell further into contraction territory this week, signaling that US manufacturing continues to slow. The market's direction also depends on how investors interpret interest rate cuts alongside future data. Fed funds rate futures markets are now pricing in a 50-basis-point cut in September, according to the CME FedWatch Tool. AdvertisementHartnett and his team analyzed Fed rate-cutting cycles and identified three different types of rate cuts — cuts into a soft landing, cuts into a hard landing, and panic cuts, which are due to a credit event or some sort of Wall Street crisis.

Persons: —, Claudia Sahm —, Louis Fed, Piper Sandler, Tom Essaye, Jack McIntyre, Lara Castleton, Janus Henderson, Michael Kantrowitz, we've, Kantrowitz, Michael Hartnett, Hartnett Organizations: Service, Bureau of Labor Statistics, Business, Labor, Brandywine Global, ISM, Nasdaq, Fed, Janus, Janus Henderson Investors, Bank of America, Fund

☆ How Does Your State Make Electricity?
▼ + stars: | 2024-08-02 | by ( Nadja Popovich | ) www.nytimes.com time to read: +58 min

Wind turbines provided just 1 percent of the electricity produced in the state in 2001 and nearly 60 percent last year. How Kentucky made electricity from 2001 to 2023 Percentage of power produced from each energy sourceCoal still generates the majority of the electricity produced in Kentucky, a longtime coal mining state. Since then, virtually all of the electricity produced in the state has come from renewable sources, including hydropower, biomass, wind and solar. It has supplied more than 85 percent of the electricity produced in the state every year for more than two decades. Last year, wind supplied more than a fifth of the electricity produced in the state.

☆ Charli XCX's 'Brat' era is making remixes fun again. Other pop stars should take note.
▼ + stars: | 2024-08-02 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +7 min

Read previewBillie Eilish has gleefully joined the extended "Brat" universe with her featured spot on "Guess," a fan-favorite track from Charli XCX's latest album. Related storiesNow, with "Guess," Eilish enters as both a foil and hopeful love interest. She sing-raps as if she's responding to Charli's original lyrics, breaking the fourth wall with a seductive wink: "Charli likes boys, but she knows I'd hit it." In the "Guess" remix, Charli tweaks her own verse as a nod to Eilish's new era: "Wear 'em, post 'em, might remix it / Eat it up for lunch, yeah, it's so delicious." Each "Brat" remix is arguably as good as the original, yet distinct and unique in its own right.

Persons: —, Billie Eilish, Charli, Eilish, Addison Rae, Robyn, Yung Lean, Rae, Timbaland, Justin Timberlake, Nelly Furtado's, doesn't, — it's, Julia, George, Sophie, Julia Fox, Cook, Charli's fiancé George Daniel, They're, Ariana Grande, Taylor, Mariah Carey, Justin Bieber, they've, it's Organizations: Service, Business Locations: Dua

☆ Investors should wait before chasing Meta here, according to the charts
▼ + stars: | 2024-08-01 | by ( David Keller | ) www.cnbc.com time to read: +3 min

After reaching a peak around $320 in July 2023, META spent four solid months bouncing between price support around $280 and retesting the July peak. With this week's earnings beat, we'll likely see META test the upper end of this new trading range. Here we can see the recent trading range in much better context, but we can also see weakening momentum conditions. The declining momentum on the weekly chart suggests a serious headwind to META's attempt to break out of its recent trading range. The 2023 range was finally eclipsed once we saw an upside break above a clearly defined resistance level.

Persons: we'll, David Keller Organizations: Meta, CMT, CNBC, NBC UNIVERSAL

☆ This real estate ETF is breaking out after going nowhere for a long time, according to the charts
▼ + stars: | 2024-07-31 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +3 min

The Real Estate Select Sector ETF (XLRE) is the worst performing sector ETF in 2024, up about 3.5% right now. The ETF is net-flat going all the way back to September '22. But, it has been the best sector ETF in July, with a monthly gain of nearly 8%. The answer is a resounding yes… if the breakout in the SPDR S & P Homebuilders ETF (XHB) to new highs is any indication. And if rates are going to keep declining, then XLRE will have a strong tailwind to potentially catch up to XHB once again.

Persons: XLRE hasn't, XLRE, XHB, Frank Cappelleri Organizations: Federal Reserve, CNBC, NBC UNIVERSAL

☆ ‘Earthalujah!’: A Rebel Pastor Preaches for the Planet
▼ + stars: | 2024-07-31 | by ( Cara Buckley | ) www.nytimes.com time to read: 1 min

The preacher stood wild-eyed before his flock, swaying to a gospel choir. His pompadour stood tall, his voice was thunderous, and his all white suit perfectly matched the heeled white loafers he was wearing on his feet. Behind them hung a 14-foot high photo of Earth, the very reason this preacher, choir and congregants had gathered in a converted storefront in Manhattan’s East Village one Sunday in July. “We’re all aware at some level in our bodies that the Earth is off the charts,” Mr. Talen intoned to the 70 or so people there. “We are living inside of the time right now that they have been warning us about.”

Persons: pompadour, Billy Talen, “, ” Mr, Talen intoned, ” Locations: Manhattan’s

☆ The key price support levels to watch as sellers return to Nvidia
▼ + stars: | 2024-07-30 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

To start let's examine the 200-day moving average on the daily chart below shown as a dashed blue line. Looking back to the most recent correction in April, that was the support level of the price-to-moving average spread: 34%. We could be approaching a support level based on this analysis. This could occur by price continuing to move lower along with the moving average trending higher as the recent higher price readings factor into the average. The 50-day moving average of the daily volume totals is clearly in a decline since April.

Persons: Steve Eisman, Eisman, We're, Todd Gordon, Gordon, NVDA Organizations: CNBC, Nvidia, Jan, Edge, Inside Edge, NBC UNIVERSAL Locations: NVDA

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