Cramer shares ‘chart master’ Larry Williams’ top trades for the end of the year

For more on that, he turned to Larry Williams, a legendary technician with over 50 years of experience trading futures, commodities and stocks. Cramer called Williams, who has also written 11 books, created numerous technical indicators and runs the website IReallyTrade.com, a “chart master.” He suggested buying shares of Home Depot five trading days before Thanksgiving — this year, that falls on Thursday, Nov. 15 — and then holding it for 10 more trading days before exiting the position. “Willi


For more on that, he turned to Larry Williams, a legendary technician with over 50 years of experience trading futures, commodities and stocks. Cramer called Williams, who has also written 11 books, created numerous technical indicators and runs the website IReallyTrade.com, a “chart master.” He suggested buying shares of Home Depot five trading days before Thanksgiving — this year, that falls on Thursday, Nov. 15 — and then holding it for 10 more trading days before exiting the position. “Willi
Cramer shares ‘chart master’ Larry Williams’ top trades for the end of the year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-13  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, trades, williams, xrt, suggested, depot, days, larry, end, cramer, trade, money, trading, retail, master, shares, chart


Cramer shares 'chart master' Larry Williams' top trades for the end of the year

When the stock market is this volatile, CNBC’s Jim Cramer likes to use technical analysis to get a better read on the investment landscape.

With Wall Street awaiting the Federal Reserve’s decision on whether it will pause or continue hiking interest rates after December, companies are facing a binary outcome, he said: either the Fed pauses after the widely anticipated December hike and 2019’s earnings results are more or less safe, or it doesn’t, and cyclical companies are likely suffer.

But even “in a confusing and volatile market, there are still trades that have worked year-in and year-out for decades,” Cramer said Tuesday on “Mad Money” as stocks ticked up after a brutal Monday sell-off.

For more on that, he turned to Larry Williams, a legendary technician with over 50 years of experience trading futures, commodities and stocks. Cramer called Williams, who has also written 11 books, created numerous technical indicators and runs the website IReallyTrade.com, a “chart master.”

Williams saw two ways to make money as 2018 comes to a close. Both were in the retail sector, which tends to perform strongly in November and December as companies offer Black Friday, Cyber Monday and general holiday sales.

First, Williams turned to Home Depot, the country’s largest big-box home improvement chain. He suggested buying shares of Home Depot five trading days before Thanksgiving — this year, that falls on Thursday, Nov. 15 — and then holding it for 10 more trading days before exiting the position.

“Williams has back-tested this trade,” Cramer said. “If you did this using a stop-loss order $5 below where you bought Home Depot, how often would this strategy have made you money? Williams ran the numbers, [and] get this: over the past 33 years, his Home Depot trade would have been successful 33 times. Yep, it’s worked every year since 1984.”

The “Mad Money” host clarified that Williams was recommending a trade, not an investment. Even as the technician believes Home Depot is gearing up for a rally, if his trade doesn’t work, Cramer suggested simply ringing the register early.

Another way to play the strength in retail, which Cramer said could also boost shares of Target, Costco and Amazon, would be by buying into the SPDR S&P Retail exchange-traded fund, or the XRT, Williams suggested.

He noted that since the XRT was created 11 years ago, buying the ETF between two and five trading days before Thanksgiving and selling it 10 days later has given investors a healthy gain every single year.

Like for Home Depot, Williams said this Thursday would be the best moment for investors to pounce and suggested using a $5 stop order to protect against potential downside.

All in all, “the charts, as interpreted by the legendary Larry Williams, suggest that Home Depot and [the] XRT would make terrific trades if you buy them on Thursday and sell them 10 days later,” Cramer said. “I think he’s got a point, as this tends to be a good time of the year for retail, regardless of what else is going on in the market.”


Company: cnbc, Activity: cnbc, Date: 2018-11-13  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, trades, williams, xrt, suggested, depot, days, larry, end, cramer, trade, money, trading, retail, master, shares, chart


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Dollar range-bound as investors await Fed rate decision; yen trades with weak bias

The dollar traded in a narrow range on Thursday as markets settled after U.S. midterm election results came in as expected, leaving investors free to focus on a Federal Reserve’s policy decision later in the global day. “The dollar is likely to benefit as we still expect the Fed to maintain its hawkish stance. The dollar strengthened 0.14 versus the yen to trade at 113.66 on Wednesday. The euro traded at $1.1429 on Thursday. The New Zealand dollar traded flat at $0.6776, with little reaction to


The dollar traded in a narrow range on Thursday as markets settled after U.S. midterm election results came in as expected, leaving investors free to focus on a Federal Reserve’s policy decision later in the global day. “The dollar is likely to benefit as we still expect the Fed to maintain its hawkish stance. The dollar strengthened 0.14 versus the yen to trade at 113.66 on Wednesday. The euro traded at $1.1429 on Thursday. The New Zealand dollar traded flat at $0.6776, with little reaction to
Dollar range-bound as investors await Fed rate decision; yen trades with weak bias Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-08
Keywords: news, cnbc, companies, dollar, euro, traded, rates, bias, currency, versus, fed, decision, weak, bank, trades, rangebound, rate, investors, yen, trade


Dollar range-bound as investors await Fed rate decision; yen trades with weak bias

The dollar traded in a narrow range on Thursday as markets settled after U.S. midterm election results came in as expected, leaving investors free to focus on a Federal Reserve’s policy decision later in the global day.

The central bank’s Federal Open Market Committee (FOMC) is expected to maintain the hawkish language seen in recent policy statements, while keeping interest rates unchanged this time.

The Fed has raised rates three times this year as the U.S. economy boomed and inflation started to pick up, and it has signaled a rate rise in December, with two more hikes by mid-2019.

“The dollar is likely to benefit as we still expect the Fed to maintain its hawkish stance. The U.S. economy needs rising rates as wage pressures are building and there is a risk of an overheating of the economy,” said Sim Moh Siong, currency strategist at Bank of Singapore.

The prospect of further Fed tightening helped the dollar recover against the euro and yen, having lost ground after the mid-term elections resulted in a split Congress, with Democrats winning control of the House of Representatives and Republicans cementing their majority in the Senate.

Expectations that the Washington will descend into gridlock has reduced President Donald Trump’s chances of pushing through a fiscal stimulus package.

The dollar index, a gauge of its value versus six major peers traded at 96.22 on Thursday, gaining 0.23 percent.

The dollar strengthened 0.14 versus the yen to trade at 113.66 on Wednesday. The dollar has gained around 1.9 percent over the Japanese currency over the last nine trading sessions due to the diverging monetary policies of the U.S. Fed and the Bank of Japan (BoJ).

While the Fed is on track to raise interest rates the Bank of Japan will press on with ultra loose monetary policy because of low growth and inflation.

The widening interest rate differential between U.S. and Japanese bonds has made the dollar a more attractive bet than the yen, which is often a funding currency for carry trades.

The euro traded at $1.1429 on Thursday. The single currency had touched an intra-day high of $1.15 on Wednesday, due to dollar weakness rather than any substantial improvement in the euro zone’s economic fundamentals.

The standoff between the EU and Rome over Italy’s budget deficit and concerns over Europe’s slowing economic growth have handicapped the euro, which has lost 4 percent versus the dollar over the last six months.

Elsewhere in the currency market, the pound traded flat at $1.3124 in early Asian trade after gaining 3.36 percent versus the dollar in the last six trading sessions, as traders bet a Brexit agreement was close.

The New Zealand dollar traded flat at $0.6776, with little reaction to its central bank keeping rates on hold at 1.75 percent on Thursday.

The Australian dollar built on its gains of the previous three trading sessions versus the greenback to trade at $0.7283, to gain 0.1 percent versus. The Aussie was cheered by stronger than expected trade data out of China, its largest trade partner.


Company: cnbc, Activity: cnbc, Date: 2018-11-08
Keywords: news, cnbc, companies, dollar, euro, traded, rates, bias, currency, versus, fed, decision, weak, bank, trades, rangebound, rate, investors, yen, trade


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Asia trades mostly higher as US midterm election results filter in

Asia markets turned mostly positive Wednesday morning as results filtered in from the much-anticipated midterm elections in the U.S., which could potentially have significant implications. In Hong Kong, the Hang Seng index traded fractionally higher. Some analysts said that markets were in a “holding pattern” ahead of the U.S. mid-term election results. “The impact on Asia markets arising from the US mid-term elections is not clear cut,” DBS analysts wrote in a morning note. The trading session


Asia markets turned mostly positive Wednesday morning as results filtered in from the much-anticipated midterm elections in the U.S., which could potentially have significant implications. In Hong Kong, the Hang Seng index traded fractionally higher. Some analysts said that markets were in a “holding pattern” ahead of the U.S. mid-term election results. “The impact on Asia markets arising from the US mid-term elections is not clear cut,” DBS analysts wrote in a morning note. The trading session
Asia trades mostly higher as US midterm election results filter in Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-07  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, higher, results, traded, index, midterm, election, trades, morning, asia, filter, dollar, major, markets, potentially


Asia trades mostly higher as US midterm election results filter in

Asia markets turned mostly positive Wednesday morning as results filtered in from the much-anticipated midterm elections in the U.S., which could potentially have significant implications.

Japan’s Nikkei 225 gained 1.15 percent while the Topix index added 1.06 percent. In South Korea, the Kospi traded up 0.65 percent, reversing early losses. Australia’s ASX 200 rose 0.25 percent, as major banking stocks in the country traded up.

In Hong Kong, the Hang Seng index traded fractionally higher. The Shanghai composite traded near flat while the Shenzhen composite added 0.33 percent.

Some analysts said that markets were in a “holding pattern” ahead of the U.S. mid-term election results.

“The impact on Asia markets arising from the US mid-term elections is not clear cut,” DBS analysts wrote in a morning note. “It might be better to focus on domestic fundamentals, valuation and cues from the (dollar) to gauge flows.”

See the key election races that markets are watching as early indicators.

The results hold massive stakes for future U.S. economic policy — and potentially President Donald Trump’s political fate.

The view of major firms like Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley is for a mixed outcome, with Democrats gaining control of the House and Republicans holding or even adding to their majority in the Senate. The market reaction to that scenario could be muted, but not so if there’s an upset, with either party staging a surprise victory and gaining total control of Congress.

The trading session in Asia comes after a higher close on Wall Street, where all three major indices advanced.

In the currency market, the dollar index, which measures the greenback against a basket of its peers, traded at 96.314 Wednesday morning during Asian hours. The index slipped from levels above 96.800 it reached last week.

The Japanese yen traded at 113.69 to the dollar while the Australian dollar fetched $0.7217.

Oil prices fell during Asian hours after declining overnight as the U.S. granted top buyers of Iranian oil sanction waivers.

U.S. crude was down 0.56 percent at $61.86 a barrel while global benchmark Brent declined 0.25 percent to $71.95.

— Reuters and CNBC’s Patti Domm contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2018-11-07  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, higher, results, traded, index, midterm, election, trades, morning, asia, filter, dollar, major, markets, potentially


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Dollar firmer as China jitters drive safe haven trades

The dollar firmed against its rivals on Tuesday, supported by a safe haven bid as rising trade tensions and fears of a slowdown in global economic growth weighed on investors’ appetite for risk assets. “The U.S. dollar is benefiting from its safe haven status due to the steep fall in equity prices as trade war fears escalate,” said Ray Attrill, head of currency strategy at NAB. The Japanese yen traded flat in Asian trade on Tuesday, having weakened versus the dollar on Monday. “The yen doesn’t s


The dollar firmed against its rivals on Tuesday, supported by a safe haven bid as rising trade tensions and fears of a slowdown in global economic growth weighed on investors’ appetite for risk assets. “The U.S. dollar is benefiting from its safe haven status due to the steep fall in equity prices as trade war fears escalate,” said Ray Attrill, head of currency strategy at NAB. The Japanese yen traded flat in Asian trade on Tuesday, having weakened versus the dollar on Monday. “The yen doesn’t s
Dollar firmer as China jitters drive safe haven trades Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-30
Keywords: news, cnbc, companies, chinese, traded, safe, euro, haven, yen, dollar, drive, trade, japanese, firmer, investors, china, jitters, trades


Dollar firmer as China jitters drive safe haven trades

The dollar firmed against its rivals on Tuesday, supported by a safe haven bid as rising trade tensions and fears of a slowdown in global economic growth weighed on investors’ appetite for risk assets.

The Japanese yen, also seen as a refuge during times of heightened investor concerns, traded in a narrow range ahead of the Bank of Japan’s monetary policy announcement due on Wednesday.

Investors shunned riskier assets and moved to buy the greenback after Bloomberg reported that Washington is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between U.S. President Donald Trump and Chinese President Xi Jinping fail to ease the trade war.

Trump and his Chinese counterpart are due to meet on the sidelines of the Group of 20 leaders summit in Argentina at the end of November.

The dollar index, a gauge of the currency’s strength against six major peers, traded at 96.66, up 0.1 percent on Tuesday. It hit a 2018 high of 96.98 on Aug. 15.

“The U.S. dollar is benefiting from its safe haven status due to the steep fall in equity prices as trade war fears escalate,” said Ray Attrill, head of currency strategy at NAB.

U.S. equities turned sharply lower on Monday, reversing a positive start and led by declines in technology stocks. Investors are concerned that corporate earnings may peak this quarter as borrowing costs rise with the U.S. Federal Reserve expected to raise interest rates by 25 basis points in December, followed by another two possible hikes in 2019.

The Japanese yen traded flat in Asian trade on Tuesday, having weakened versus the dollar on Monday.

“The yen doesn’t seem to be getting its normal safe haven status,” said Attrill. “The reason could be that Japanese investors have been net buyers of foreign equities in October which has kept the dollar/yen from trending lower.”

Yen traders will also be focusing on the central bank’s monetary policy meeting due Wednesday.

Political uncertainty continues to keep a lid on the euro. The single currency traded relatively unchanged versus the dollar at $1.1374 on Tuesday, having hit a 10-week low of $1.1332 on Monday on news that German Chancellor Angela Merkel would not seek re-election as head of her Christian Democrats (CDU) party.

The euro has also been weighed by the ongoing standoff between Brussels and Rome over Italy’s free spending budget that would breach the European Union’s fiscal rules.

“The main risk to the euro is if the coalition in Germany collapses before 2019. That coupled with negative news flow out of Italy could lead to the perfect storm,” said Attrill.


Company: cnbc, Activity: cnbc, Date: 2018-10-30
Keywords: news, cnbc, companies, chinese, traded, safe, euro, haven, yen, dollar, drive, trade, japanese, firmer, investors, china, jitters, trades


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Dow stocks Pfizer and UnitedHealth could be safety plays amid market volatility

Two of those Dow stocks look like a buy to Erin Gibbs, portfolio manager at S&P Global Market Intelligence. UnitedHealth trades at nearly 19 times forward earnings, while Pfizer trades at 14.5 times. “We like Pfizer because they’ve actually just done a big restructuring, we think that they’re able to potentially sell off some of their generic drug pricing group,” Gibbs said. “Our second favorite would also be with UnitedHealth just because they’ve had really good organic growth membership.” Matt


Two of those Dow stocks look like a buy to Erin Gibbs, portfolio manager at S&P Global Market Intelligence. UnitedHealth trades at nearly 19 times forward earnings, while Pfizer trades at 14.5 times. “We like Pfizer because they’ve actually just done a big restructuring, we think that they’re able to potentially sell off some of their generic drug pricing group,” Gibbs said. “Our second favorite would also be with UnitedHealth just because they’ve had really good organic growth membership.” Matt
Dow stocks Pfizer and UnitedHealth could be safety plays amid market volatility Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-18  Authors: keris lahiff, getty images, nick oxford, michael nagle, bloomberg, aly song, kcna, thomas barwick getty images, source, lawrence mcdonald
Keywords: news, cnbc, companies, drug, trades, safety, dow, unitedhealth, sp, trading, pfizer, stocks, volatility, plays, amid, times, maley, theyve, think, market, gibbs


Dow stocks Pfizer and UnitedHealth could be safety plays amid market volatility

Two of those Dow stocks look like a buy to Erin Gibbs, portfolio manager at S&P Global Market Intelligence.

“Pfizer and UnitedHealth both have really above-average earnings growth coming into next year, about 13 percent, and even though they’re trading at 52-week highs, there’s still a pretty reasonable valuation,” Gibbs said Wednesday on CNBC’s “Trading Nation.”

UnitedHealth trades at nearly 19 times forward earnings, while Pfizer trades at 14.5 times. The two straddle the S&P 500’s 16 times multiple.

“We like Pfizer because they’ve actually just done a big restructuring, we think that they’re able to potentially sell off some of their generic drug pricing group,” Gibbs said. “Our second favorite would also be with UnitedHealth just because they’ve had really good organic growth membership.”

Matt Maley, equity strategist at Miller Tabak, said a fading headwind should give further rise to the entire group.

“Back in 2015, Hillary Clinton came out and made these comments about going after the health-care companies for their drug pricing issues and of course everybody started jumping on the bandwagon,” Maley said Wednesday on “Trading Nation.” “Everybody thought this was going to be big long-term problem.”

President Donald Trump also voiced support for a political solution to high drug prices in May, though Maley said “it didn’t have much teeth at all.”

“As we’ve learned, the president focuses on one issue at a time. He started with Obamacare, then it was taxes and then it became, of course, trade so that theme seems to be pushed to the side. I think that’s helped the group a lot,” said Maley.

Since the beginning of May, the XLV health care ETF has rallied 13 percent. By comparison, the Dow and the S&P 500 are up 5 percent.

Disclosure: S&P Global Market Intelligence holds PFE. Gibbs does not personally own PFE nor UNH.


Company: cnbc, Activity: cnbc, Date: 2018-10-18  Authors: keris lahiff, getty images, nick oxford, michael nagle, bloomberg, aly song, kcna, thomas barwick getty images, source, lawrence mcdonald
Keywords: news, cnbc, companies, drug, trades, safety, dow, unitedhealth, sp, trading, pfizer, stocks, volatility, plays, amid, times, maley, theyve, think, market, gibbs


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New York AG launches probe into MoviePass parent company for allegedly misleading investors

New York Attorney General Barbara Underwood has opened a probe into MoviePass parent company Helios and Matheson, a person familiar with the matter told CNBC. The attorney general’s office is investigating whether the company misled the investment community regarding the company’s financials, said the person. The attorney general is using the Martin Act, a statute designed to protect New York investors and the integrity of the financial markets from fraud. Based on the company’s most recently re


New York Attorney General Barbara Underwood has opened a probe into MoviePass parent company Helios and Matheson, a person familiar with the matter told CNBC. The attorney general’s office is investigating whether the company misled the investment community regarding the company’s financials, said the person. The attorney general is using the Martin Act, a statute designed to protect New York investors and the integrity of the financial markets from fraud. Based on the company’s most recently re
New York AG launches probe into MoviePass parent company for allegedly misleading investors Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-17  Authors: sara salinas, jim forkin, source
Keywords: news, cnbc, companies, investors, matheson, subscription, launches, attorney, ag, parent, moviepass, company, helios, allegedly, trades, misleading, stock, york, probe, share


New York AG launches probe into MoviePass parent company for allegedly misleading investors

New York Attorney General Barbara Underwood has opened a probe into MoviePass parent company Helios and Matheson, a person familiar with the matter told CNBC.

The attorney general’s office is investigating whether the company misled the investment community regarding the company’s financials, said the person. The investigation is in the early stages.

The attorney general is using the Martin Act, a statute designed to protect New York investors and the integrity of the financial markets from fraud.

It’s another stumble for MoviePass, which in recent months has repeatedly adjusted its movie subscription plans and taken out hefty loans to cover massive losses.

In August, Helios and Matheson reported a loss of $100 million in the second quarter, putting the company on pace to blow through its remaining assets in the span of months.

The company skyrocketed to popularity with an initial subscription that allowed moviegoers to see a film a day for $9.95 per month. But the popularity hurt profits, and MoviePass quickly adjusted the plan to limit the available movies, raise monthly prices and restrict the number of films users could see per month.

Meanwhile, Helios and Matheson’s stock lost practically all of its value. Based on the company’s most recently reported share count of 1.5 billion shares outstanding, the company trades at an implied valuation of $30 million.

Shares of Helios and Matheson fell 3 percent in extended trading Wednesday, though the stock trades for just 2 cents per share. A spokesperson for Helios and Matheson declined to comment.

This story is developing. Please check back for updates.


Company: cnbc, Activity: cnbc, Date: 2018-10-17  Authors: sara salinas, jim forkin, source
Keywords: news, cnbc, companies, investors, matheson, subscription, launches, attorney, ag, parent, moviepass, company, helios, allegedly, trades, misleading, stock, york, probe, share


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AMD, the hottest stock of the year, just fell into a bear market – here’s when one technician would buy

“I like the 50-day moving average on the stock. AMD is still a 7.5 percent drop from its 50-day moving average of $25.55. “Once it breaks $26, you might want to add a little bit there and then get more aggressive as it gets closer to that 50-day moving average,” said Maley. Nvidia trades at 36 times forward earnings, above the 13 times multiple for the SMH ETF. AMD trades at 44.6 times forward earnings.


“I like the 50-day moving average on the stock. AMD is still a 7.5 percent drop from its 50-day moving average of $25.55. “Once it breaks $26, you might want to add a little bit there and then get more aggressive as it gets closer to that 50-day moving average,” said Maley. Nvidia trades at 36 times forward earnings, above the 13 times multiple for the SMH ETF. AMD trades at 44.6 times forward earnings.
AMD, the hottest stock of the year, just fell into a bear market – here’s when one technician would buy Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-05  Authors: keris lahiff, richard james mendoza, nurphoto, getty images, joan cros garcia, corbis, kcna, thomas barwick getty images, source, lawrence mcdonald
Keywords: news, cnbc, companies, fell, tepper, 50day, moving, bear, technician, heres, average, buy, amd, shares, market, trades, trading, forward, hottest, stock, times


AMD, the hottest stock of the year, just fell into a bear market – here's when one technician would buy

Advanced Micro Devices’ hot streak hit a brick wall this week.

Its shares were on track for a weekly decline of more than 10 percent on Friday, their worst in a year, and on course to fall into a bear market after having dropped nearly 20 percent from 52-week highs.

One chart watcher said more weakness could present an opportunity.

“It’s got to get a little bit more worked off,” said Matt Maley, equity strategist at Miller Tabak, Thursday on CNBC’s “Trading Nation.” “I like the 50-day moving average on the stock. That should be a good entry point. That provided good support back in both June and July.”

AMD is still a 7.5 percent drop from its 50-day moving average of $25.55. Its shares dipped below that support line during sell-offs in February and March, but held above it through the summer.

“Once it breaks $26, you might want to add a little bit there and then get more aggressive as it gets closer to that 50-day moving average,” said Maley.

AMD last traded below $26 in early September. Despite a 19 percent drop over the past three weeks, its shares remain 169 percent higher for the year in the best performance in the S&P 500.

Mark Tepper, president of Strategic Wealth Partners, is steering clear of AMD in favor of an alternative chipmaker.

“We wouldn’t be buying AMD right now,” Tepper said Thursday on “Trading Nation.” “I would actually prefer Nvidia at this time. I just think there’s more room for upside.”

Compared with AMD’s triple-digit surge this year, Nvidia has advanced by a more sober 41 percent. Its gains are far better than the 5 percent rise in the SMH semiconductor ETF in 2018.

“Nvidia’s forward P/E is … lower than AMD so it’s more reasonably valued and quite frankly their chips have just consistently been better,” added Tepper.

Nvidia trades at 36 times forward earnings, above the 13 times multiple for the SMH ETF. AMD trades at 44.6 times forward earnings.


Company: cnbc, Activity: cnbc, Date: 2018-10-05  Authors: keris lahiff, richard james mendoza, nurphoto, getty images, joan cros garcia, corbis, kcna, thomas barwick getty images, source, lawrence mcdonald
Keywords: news, cnbc, companies, fell, tepper, 50day, moving, bear, technician, heres, average, buy, amd, shares, market, trades, trading, forward, hottest, stock, times


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Oil trades near four-year peak ahead of Trump’s sanctions on Iran

Oil prices were mixed on Tuesday but remained near their highest since November 2014 as markets braced for tighter supply once U.S. sanctions against Iran kick in next month. International benchmark Brent crude oil gained 1 cent to $84.99 per barrel by 10:01 a.m. ET (1401 GMT) after reaching a new four-year high of $85.45 in the previous session. U.S. West Texas Intermediate (WTI) crude futures rose 10 cents to $75.40 a barrel, having hit a nearly four-year high of $75.91 earlier in the session.


Oil prices were mixed on Tuesday but remained near their highest since November 2014 as markets braced for tighter supply once U.S. sanctions against Iran kick in next month. International benchmark Brent crude oil gained 1 cent to $84.99 per barrel by 10:01 a.m. ET (1401 GMT) after reaching a new four-year high of $85.45 in the previous session. U.S. West Texas Intermediate (WTI) crude futures rose 10 cents to $75.40 a barrel, having hit a nearly four-year high of $75.91 earlier in the session.
Oil trades near four-year peak ahead of Trump’s sanctions on Iran Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-02  Authors: getty images
Keywords: news, cnbc, companies, trades, high, crude, sanctions, fouryear, barrel, texas, oil, near, wti, tighter, peak, tripled, iran, west, trumps, ahead


Oil trades near four-year peak ahead of Trump's sanctions on Iran

Oil prices were mixed on Tuesday but remained near their highest since November 2014 as markets braced for tighter supply once U.S. sanctions against Iran kick in next month.

International benchmark Brent crude oil gained 1 cent to $84.99 per barrel by 10:01 a.m. ET (1401 GMT) after reaching a new four-year high of $85.45 in the previous session.

U.S. West Texas Intermediate (WTI) crude futures rose 10 cents to $75.40 a barrel, having hit a nearly four-year high of $75.91 earlier in the session.

Brent and WTI have roughly tripled compared with lows seen in January 2016, which prompted OPEC and allies led by Russia to curb oil supplies to rebalance an oversupplied market starting in January 2017.


Company: cnbc, Activity: cnbc, Date: 2018-10-02  Authors: getty images
Keywords: news, cnbc, companies, trades, high, crude, sanctions, fouryear, barrel, texas, oil, near, wti, tighter, peak, tripled, iran, west, trumps, ahead


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SurveyMonkey surges 42% in market debut, ends trading at $17 a share

SurveyMonkey surged 42 percent in its stock market debut Wednesday, ending trading at $17. Shares rose as much as 67 percent to a session high of $20 before settling to more modest gains. It also increased the number of shares up for sale to 15 million from 13.5 million, raising $180 million. The stock — under the company’s formal name, SVMK Inc. — trades on the Nasdaq under the ticker symbol “SVMK.” CEO Zander Lurie told CNBC’s “Squawk Box” earlier Wednesday that SurveyMonkey handles more than


SurveyMonkey surged 42 percent in its stock market debut Wednesday, ending trading at $17. Shares rose as much as 67 percent to a session high of $20 before settling to more modest gains. It also increased the number of shares up for sale to 15 million from 13.5 million, raising $180 million. The stock — under the company’s formal name, SVMK Inc. — trades on the Nasdaq under the ticker symbol “SVMK.” CEO Zander Lurie told CNBC’s “Squawk Box” earlier Wednesday that SurveyMonkey handles more than
SurveyMonkey surges 42% in market debut, ends trading at $17 a share Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-26  Authors: sara salinas, source
Keywords: news, cnbc, companies, 17, zander, surges, company, share, ends, debut, trading, million, 42, shares, told, trades, market, stock, surveymonkey, 20


SurveyMonkey surges 42% in market debut, ends trading at $17 a share

SurveyMonkey surged 42 percent in its stock market debut Wednesday, ending trading at $17.

Shares rose as much as 67 percent to a session high of $20 before settling to more modest gains.

The software company that offers digital survey and data analytics services for enterprise and personal use priced its shares at $12 a piece Tuesday night, above the expected range of $9 to $11. It also increased the number of shares up for sale to 15 million from 13.5 million, raising $180 million.

The stock — under the company’s formal name, SVMK Inc. — trades on the Nasdaq under the ticker symbol “SVMK.”

CEO Zander Lurie told CNBC’s “Squawk Box” earlier Wednesday that SurveyMonkey handles more than 20 million answers from over 3 million people every day and that the company pays “great heed” to consumer privacy.


Company: cnbc, Activity: cnbc, Date: 2018-09-26  Authors: sara salinas, source
Keywords: news, cnbc, companies, 17, zander, surges, company, share, ends, debut, trading, million, 42, shares, told, trades, market, stock, surveymonkey, 20


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Asia trades higher as investors shrug off escalating US-China trade tensions

Asia markets rose on Wednesday as investors reacted to Beijing’s response on fresh tariffs the U.S. implemented on $200 billion worth of Chinese imports. In Australia, the benchmark ASX 200 rose 0.3 percent, with the materials and energy sectors gaining 1.59 percent and 1.16 percent, respectively. Major mining stocks rose: Shares of Rio Tinto were up 2.5 percent, Fortescue jumped 3.18 percent and BHP gained 2.19 percent. China announced tariffs targeting more than 5,000 U.S. products — worth abo


Asia markets rose on Wednesday as investors reacted to Beijing’s response on fresh tariffs the U.S. implemented on $200 billion worth of Chinese imports. In Australia, the benchmark ASX 200 rose 0.3 percent, with the materials and energy sectors gaining 1.59 percent and 1.16 percent, respectively. Major mining stocks rose: Shares of Rio Tinto were up 2.5 percent, Fortescue jumped 3.18 percent and BHP gained 2.19 percent. China announced tariffs targeting more than 5,000 U.S. products — worth abo
Asia trades higher as investors shrug off escalating US-China trade tensions Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-19  Authors: saheli roy choudhury, eustance huang
Keywords: news, cnbc, companies, tensions, higher, asia, rose, china, shrug, 200, trades, wto, tariffs, escalating, imports, masters, uschina, billion, trade, way, worth, investors


Asia trades higher as investors shrug off escalating US-China trade tensions

Asia markets rose on Wednesday as investors reacted to Beijing’s response on fresh tariffs the U.S. implemented on $200 billion worth of Chinese imports.

In Australia, the benchmark ASX 200 rose 0.3 percent, with the materials and energy sectors gaining 1.59 percent and 1.16 percent, respectively. Major mining stocks rose: Shares of Rio Tinto were up 2.5 percent, Fortescue jumped 3.18 percent and BHP gained 2.19 percent.

Japan’s Nikkei 225 was up 1.51 percent and the Topix index added 1.5 percent.

In South Korea, the Kospi traded near flat.

China announced tariffs targeting more than 5,000 U.S. products — worth about $60 billion will go into effect on Sept. 24. However, China will put a 10 percent tariff on some goods it had previously earmarked for a 20 percent levy. At the same time, China’s commerce ministry said that it filed a complaint to the World Trade Organization (WTO) against the U.S.

Beijing’s announcement came after the Trump administration said the U.S. will impose 10 percent tariffs on $200 billion worth of Chinese imports, and those duties will rise to 25 percent at the end of the year.

“China is limited in its scope for direct retaliation from here, with only $50 billion worth of imports left to target, but so far has refrained from threatening to tariff all imports from the U.S.,” Jo Masters from ANZ Research said in a morning note.

The complaint to the WTO risks provoking further measures from the U.S. and could eventually escalate to all American imports from China being taxed, Masters added.

“Increasingly it looks like this will be a prolonged dispute. And as it escalates, so does the economic fall-out,” Masters said.

Amid all that, China’s holdings of U.S. Treasury bills, notes and bonds dropped to a six month low of $1.171 trillion in July, from $1.178 trillion in June. That data is watched because dumping Treasury securities is viewed as one way China could retaliate against the U.S. in the ongoing trade dispute. Still, strategists are skeptical China is really trying to send a message this way.


Company: cnbc, Activity: cnbc, Date: 2018-09-19  Authors: saheli roy choudhury, eustance huang
Keywords: news, cnbc, companies, tensions, higher, asia, rose, china, shrug, 200, trades, wto, tariffs, escalating, imports, masters, uschina, billion, trade, way, worth, investors


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