ANAHEIM, Calif. — In the days leading up to Mike Trout’s expected return from a torn meniscus, team officials asked the three-time MVP to sit down with them.They had cobbled together videos depicting the evolution of his swing since 2016. The Angels were trying to discern why Trout was striking out more, walking less and trending away from his once-robust offensive profile.“You’re trying to find similarities to what he did when he was the best player in the game,” Angels hitting coach Johnny Washington said. “You’re trying to find commonalities of what he did before, and compare to now, to…
Author: usaeverydaylife
Agricultural commodities have seen intermediate-term momentum shift positively as they advance from long-term lows. This has been an emerging technical theme that we are attracted to with volatility having picked up in the equity market. Last month on Fast Money and in the Fairlead Strategies Idea Generator , we highlighted agricultural commodity ETFs like the Teucrium Corn Fund (CORN) and the Invesco DB Agriculture Fund (DBA) as oversold opportunities. Agricultural commodities look ready to extend higher following a couple weeks of healthy consolidation, so we are revisiting the charts to leverage a bigger counter-trend move. An example of one agricultural…
The U.S. has experienced an unprecedented wealth boom. Yet, few Americans — including millionaires— feel confident about their financial standing.Only 12% of Americans consider themselves wealthy, according to a new report by Edelman Financial Engines.Despite their high net worth, just 33% of millionaires said the same, the report found. Edelman Financial Engines polled more than 3,000 adults over age 30 from June to July, including 1,500 affluent Americans with household assets between $500,000 and $3 million.More from Personal Finance:The ‘billion-dollar blind spot’ of 401(k)-to-IRA rolloversSocial Security increase for 2025 could lowest since 2021How high earners can funnel money to a Roth IRATo…
BERLIN — “As far apart as you are on a tennis court, you can actually feel the other one very intimately.”The Athletic is sitting courtside in Berlin at the Laver Cup next to Andre Agassi, as he explains the rhythms and dynamics of the sport he once conquered. Agassi won eight Grand Slam titles in an illustrious career, before withdrawing from a sport that took him to the edge and which, in his seminal autobiography Open, he admitted to often hating.Since retiring in 2006, Agassi has largely kept away from tennis. But from next year he will captain Team World at…
Check out the companies making headlines in midday trading: Micron Technology — Micron edged 2.7% higher after JPMorgan reiterated the stock as overweight ahead of the memory chipmaker’s earnings, which are expected Wednesday after market close. Analyst Harlan Sur anticipates Micron’s results will be boosted by strong artificial intelligence and server demand. Tesla — Shares rose 4.8% after Barclays reiterated its equal weight rating on the electric vehicle maker, saying Tesla’s third-quarter delivery numbers could come in better than expected and be a “near-term positive” for the stock. AeroVironment — The defense contractor popped more than 8% after the U.S.…
Power generation has emerged as a crucial investment theme in the context of artificial intelligence (AI) energy demand due to the significant electricity requirements of AI technologies. I’ll review an under-the-radar way to play it with options. AI applications, particularly those involving machine learning, deep learning, and large-scale data processing, require substantial computational power, increasing energy demand. Several factors make power generation a vital AI-adjacent investment theme: Data centers, the backbone of AI operations, are among the largest electricity consumers. As AI adoption grows, the number of data centers and their energy needs are expected to rise exponentially. Investing in…
Longtime value investor Bill Nygren warned that the popular benchmark S & P 500 is not as diversified as it used to be, and he is picking cheap stocks outside the dominant tech sector. Nygren, portfolio manager at Oakmark Funds for 40 years, said the technology sector has grown so powerful in the S & P 500 that the 25 or so largest names make up about half the investment. “It’s not nearly as diversified as investors think it is. I think we will see investors revisit the idea of the S & P 500 being kind of the low-risk…
INDIANAPOLIS — Fourth-and-goal from the 1-yard line. It’s the time to use one of your best, go-to plays. It’s time to send in a call that you’re 99.99 percent certain will work for a touchdown.What did offensive coordinator Shane Waldron call for the Chicago Bears against the Indianapolis Colts in that situation in the second quarter Sunday?A speed-option play to the left with rookie quarterback Caleb Williams and running back D’Andre Swift.Seriously. That’s what Waldron sent in for Williams after three consecutive runs by running back Khalil Herbert out of shotgun got the Bears from the Colts’ 4-yard line to…
D.A. Davidson believes Microsoft ‘s rivals may have caught up to the cloud computing giant. These fears prompted the investment firm to downgrade the tech titan and “Magnificent Seven” member to a neutral rating from buy. Analyst Gil Luria maintained his price target of $475, which is approximately 9% higher than where Microsoft stock closed Friday. Shares of Microsoft have risen nearly 16% this year. MSFT YTD mountain MSFT YTD chart The justification for Microsoft’s premium valuation may have been lost as competitors have largely caught up in the artificial intelligence space, Luria said. In particular, Amazon Web Services and…
The Federal Reserve slashed interest rates by a half percentage point, or 50 basis points, on Wednesday, its first rate cut since March 2020.Even before the Fed rate cut, some homeowners had already taken advantage of recent declines in mortgage rates to refinance. Refinance activity increased to 46.7% of total applications during the week ending Sept. 6, up from 46.4% the week before, according to the Mortgage Bankers Association.Others have been waiting for the Fed to take action. To that point, 18% of consumers said they planned to refinance a loan once rates go down, according to a report by NerdWallet. The…
