To The Moon

U.S. stocks lagged Thursday ahead of monthly employment data as traders failed to continue momentum from a rally fueled by Fed Chair Jerome Powell’s indication of a slowdown in rate increases. The S&P 500 (^GSPC) slipped 0.1%, while the Dow Jones Industrial Average shed 200 points, or 0.6%. The technology-heavy Nasdaq Composite was an outlier — closing up 0.1%. In other pockets of the market, the U.S. dollar index retreated as the greenback had its worst monthly performance in over a decade, and U.S. Treasury yields held steady after sharp declines. Investors look ahead to the Labor Department's November employment report, due out at 8:30 a.m. ET on Friday. Economists surveyed by Bloomberg expect payrolls rose by 200,000 last month while the unemployment rate held at 3.7%. On the econo

U.S. stocks were notably mixed on Thursday, with the Dow Jones Industrial Average and S&P 500 closing in negative territory. Both key indexes posted strong gains the day before after Federal Reserve Chairman Jerome Powell said the central bank was considering a smaller rate hike this month following four consecutive raises of three-quarter points each. Thursday included the latest data on consumer spending, which rose 0.8% in October and outpaced inflation growth. Oil prices also jumped, with the key WTI crude benchmark rising nearly 1% after the Wall Street Journal reported that the European Commission has asked the bloc’s 27 member states to approve a price cap on Russian oil of $60 a barrel. Heard's Carol Ryan cautions that the move is not without risk of blowback from Russia. The D

Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) recently purchased $4.1 billion worth of sha

'Mad Money' host Jim Cramer joins 'Squawk Box' ahead of the market open on Thursday to react to October's lighter-than-expected inflation report and what it means for markets.$S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $DJIA(.DJI)$

Musk roars with laughter. “I play the fool on Twitter and often shoot myself in the foot and cause myself all sorts of trouble

Return:The premium collected for setting aside $20,000 represents a 3% return for a month. This is a handy return anytime and even more so in the current market environment. At this time, the market assigns at 77.20% probability that Tesla remains above $200 by expiration on November 4th. To reiterate the impact of the recent stock split, the same transaction would have required $60,000 to be set aside as we'd have been talking about a $600 strike price. Granted, the premium returns would be hi