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Netflix nights are always wrapped in red and white envelopes

Netflix nights are always wrapped in red and white envelopes

SANTA CRUZ, Calif. (AP) — Netflix’s DVD-by-mail rental service has been relegated as a relic in the age of video streaming, but there’s still a steady — albeit dwindling — audience of diehards like Amanda Konkle who are happily paying to receive these discs in the iconic red and white envelopes. “When you open your …

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The Dow is outperforming, which could be a sign that the latest stock market rally is about to die down

The Dow is outperforming, which could be a sign that the latest stock market rally is about to die down

As investors seek refuge in more defensive stocks, a market tech sees the Dow’s growing outperformance margin against the S&P 500 and Nasdaq as a sign that the latest rally in stocks could fade quickly like the last . In a Monday note to clients, Jonathan Krinsky, chief market technician at BTIG, said the Dow …

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Jim Cramer: Why the two-day rally that ended last week matters - and what to expect next

Jim Cramer: Why the two-day rally that ended last week matters – and what to expect next

Let’s say you wanted to design a program to reduce inflation. Wouldn’t you do exactly what Federal Reserve Chairman Jerome Powell is doing? You would raise rates aggressively, and I defy you to say that it does more than that. You’d ignore positive numbers like the weak consumer price index printed last week by sending …

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Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard

Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard

Investors stunned by last week’s strong rally in stocks may want to listen to Tom Waits’ song, 1978’s “Whistlin’ Past the Graveyard,” to sober up the dangers that still lurk. The surge in stocks catapulted the S&P 500 SPX index, +0.92% TO SPY, +0.97% almost back to the 4,000 mark on Friday, also taking it …

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