Month: October 2018

But Amazon has shown that it can do many things at once, and it’s not afraid to take on low-margin industries with established incumbents. Health industry executives can no longer rely on complexity as being the significant barrier to entry. “It’s a defense that health care has used for why we haven’t created the kinds
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Amid increasingly intense hurricanes and other weather events, real estate owners are trying to get ahead of the curve by constructing new homes that can handle extremes. Some of the latest examples in high-end real estate include disaster-prepared and energy efficient properties — but ones that don’t mean retreating underground or building a bunker into
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There are many different kinds of sell-offs — from garden-variety pullbacks to wholesale breakdowns like the 2008 financial crisis — but the key for investors is knowing why they’re occurring, CNBC’s Jim Cramer says. “There are all sorts of sell-offs, but unless they involve systemic risk, they’re going to prove to be buying opportunities,” he
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Netflix’s sell-off has left the video streaming company with a “back-of-the-truck” price, RBC Capital Markets lead internet analyst Mark Mahaney, told CNBC on Friday. Mahaney, who has been bullish on Netflix, is betting that the company will rebound from its recent slides. The stock closed down just over 4 percent on Friday at $299.83. “You
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“It’s a bad sign that oversold markets not bouncing,” Michael Hartnett, Bank of America Merrill Lynch’s chief investment strategist wrote. “The inability of oversold markets to bounce suggests investors worried by either systemic financial market event or recession.” Tech has been especially slammed this week. The Nasdaq Composite dropped 1.7 percent Friday, led lower by
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The stock market hasn’t peaked yet, Guggenheim’s head of investing told CNBC on Friday. Instead, right now it is going through a “classic seasonal adjustment,” said Scott Minerd, the firm’s global chief investment officer and chairman of investments. Guggenheim has $265 billion of assets under management. “Markets tend to continue to rise until after the
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About Trading Nation is a multimedia financial news program that shows investors and traders how to use the news of the day to their advantage. This is where experts from across the financial world – including macro strategists, technical analysts, stock-pickers, and traders who specialize in options, currencies, and fixed income – come together to
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Cleveland Federal Reserve President Loretta Mester did not use the exact phrase “data dependent,” which was so popular under previous central bank chief Janet Yellen, but on CNBC’s “Squawk Box” Friday she repeatedly said that economic numbers “inform our outlook” on interest rates. Her comments came as investors and traders continue to parse statements by
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The S&P 500 slipped past two closely watched levels on Friday. It fell below its 200-day moving average and is down more than 10 percent from its intraday high of 2.940.91 on Sept. 21, a correction as defined on Wall Street.The 200-day moving average is one of the most popular technical indicators used by investors
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Matt McClain | The Washington Post | Getty Images Facebook CEO, Mark Zuckerberg Facebook said Friday it has taken down 82 more pages and accounts with ties to Iran that were posting politically charged memes. A combined 1 million users followed at least one of the accounts, which were live on both Facebook and Instagram.
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“It’s a bad sign that oversold markets not bouncing,” Michael Hartnett, Bank of America Merrill Lynch’s chief investment strategist, wrote. “The inability of oversold markets to bounce suggests investors worried by either systemic financial market event or recession.” Tech has been especially slammed this week. The Nasdaq Composite dropped 1.7 percent Friday, led lower by
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of JPMorgan Steve Grasso was a buyer of Lennar Karen Finerman was a buyer of Bank of America Dan Nathan was a buyer of Snap Trader disclosure: On October 25, 2018 the following stocks and commodities mentioned or
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