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CNBC The Profit July 11, 2024

Its leader has an arrogance to match. Mike if i was going to go out and pitch this right now, it would be a very detailed plan. It wouldnt be anything like this. Lemonis im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman people are here because i care. Lemonis its not always easy, but i do it to create jobs, and i do it to make money. Do we have a deal . Lets rock and roll. Man yeah lemonis this is the profit. Hatbox is a local hat store in downtown austin and it specializes in any kind of hat. Literally any kind of hat that you can think of. Now, we know that the accessory business is a fast growing business but to have a whole business just on hats i was intrigued by it. Jaron hi. How are you . Lemonis hey, good. How are you . Jaron im jaron. Lemonis jaron . Jaron yes, sir. Lemonis nice to meet you. I love your hat. Jaron thank you. Lemonis this place is bigger than i thought it was going to be. Got to love hats if you work h ....

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CNBC Fast Money July 11, 2024

We will bring you fast money trades straight ahead. We start off with a zombie ap k apocalypse on wall street. Many icons are among the walking dead like macys carnival, delta. Nearly 200 companies have joined the zombie rank since march. Total debt obligations nearing 1. 4 trillion dollars a lot of these names are names we talk about trading on this show how should we start thinking about this before we get into the walking dead, i want to point out, a great job by our crack staff leading with the cranberry zombie, and delores was the founder of the zombie. I may have gone with Something Like this if the crack staff is listening. We are now two minutes into the show its important to point this out because folks at home are paying attention apparently more important than actually trading our first topic in what is known as the ablock of the show. Its not more important its important we will talk about ablock and
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CNBC Options Action July 12, 2024

For a combine. To explain why and how, this could the season to sow a plan around adm options action starts right now. Lets jump right in another huge slate of earnings coming up this coming week including chart masters say investors should take caution before heading into it. It is the biggest week in terms of earnings, but there is a circumstance, the five biggest names are all reporting on the same calendar week it goes back to facebook he is ipo. The three other times this has happened, apple, microsoft, amazon, google, it has been a down week each time. What we know is that the market itself is so dependent on tech andor growth. Look at the first bullet point basically when tech is down, the s p itself is down 80 of the time the second bullet point. When the growth index now we pick up amazon and google and facebook when the s p growth index is down, the tech sector is down 93 of the time. Take a look at the chart it peaked on september 2 its the area that broke the hardest droppi ....

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CNBC Options Action July 12, 2024

Could the season to sow a plan around adm its time to risk less and make more options action starts right now. Lets jump right in another huge slate of earnings coming up this coming week including facebook, apple, amazon and alphabet. Chart masters say investors should take caution before heading into it. It is the biggest week in terms of earnings, but there is a circumstance thats only happened three other times the five biggest names are all reporting on the same calendar week it goes back to facebooks ipo the three other times this has happened, apple, microsoft, amazon, google, it has been a down week each time. In any event, lets look at a table or two and then a chart of the qqq. What we know is that the market itself is so dependent on tech and or growth. Look at the first bullet point basically when tech is down, the s p itself is down 80 of the time look at the second bullet point. When the growth index now we pick up amazon and google and facebook meaning bhig marquee growt ....

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BLOOMBERG Bloomberg Technology July 12, 2024

Aigail, it felt like broadbased selloff within the s p 500 all the way down to tech stocks. Abigail it was a broad selloff. A far more concentrated as you were just mentioning with the mega cap tech stocks. There was weakness for tech. The dow had been higher. That tells you the degree, the dow closing sharply as well. The closing pressure came for tech stocks. The worst day since march. The faang index down. Tesla down 9 . The stocks and chips also down 5. 7 . And you were mentioning that this was the correction folks were looking for. Tesla up out of the march low. Plus the stocks split for tesla and apple. People wondering when the hangover would come. Today seems to be the case. Perhaps a little bit too far, too fast. We also have bearish action. Broadcom put up a beat, but it was narrow. Beating sales by less than 1 . One of the tech fires that was really not that great. And doc you sign after a really bearish day. This stock up 227 on the year, 4. 6 bearish. Another case of too f ....

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