Author: Deep

After being hopeful that stocks found a floor after Thursday’s bounce back, traders are now watching to see if the market can even hold onto the previous day’s lows as stocks sell off worldwide. A big drop in crude prices overnight crushed stock prices globally, and any remnants of Thursday’s big rally faded. Dow futures were down more than 300 points, and S&P 500 futures were off 1.7 percent as crude tanked more than 5.5 percent. West Texas Intermediate futures were at $29.45 per barrel. “If stocks don’t hold the lows, you could see further downside intensify as people throw…

Many think that complacency is a disease that only applies to bull markets, but Jim Cramer said that is not true. It is also possible to be too comfortable in negative beliefs about the market, and totally miss a market bottom. “Complacently negative investors dismissed yesterday’s ugly close as just more of the same horrible action. But opportunistic investors? The ones who sense that stocks are getting too cheap and change their view? They look like real winners, at least for the moment,” the “Mad Money” host said. On Wednesday Cramer confirmed that his charitable trust had purchased stocks in…

LeTV’s pre-CES press conference is scheduled to be held today in Las Vegas, and just ahead of it, the Chinese company has teased a smartphone that will be announced at the event. The teaser image was posted by the company’s VP on Weibo (China’s Twitter). Besides revealing narrow bezels and off-screen capacitive buttons, the image in question also shows the phone’s dialer app with keys 8, 2, and 0 highlighted, suggesting that the handset is powered by a Snapdragon 820 chipset. Going by the rumors we’ve heard so far, the teased device should be the LeTV Le Max Pro. It…

Microsoft took another step on its open-source sharing journey Monday by releasing on GitHub a toolkit it uses internally for deep learning. Dubbed CNTK — short for Computational Network Toolkit — the open-source software is a unified deep-learning toolkit that describes neural networks as a series of computational steps via a directed graph. It’s proven significantly more efficient than Google’s TensorFlow tool and other competing tools, Microsoft says. Microsoft has used CNTK internally to help advance speech recognition in products such as Cortana, but it says it could be useful to a wide variety of other users as well, including…

Many think that complacency is a disease that only applies to bull markets, but Jim Cramer said that is not true. It is also possible to be too comfortable in negative beliefs about the market, and totally miss a market bottom. “Complacently negative investors dismissed yesterday’s ugly close as just more of the same horrible action. But opportunistic investors? The ones who sense that stocks are getting too cheap and change their view? They look like real winners, at least for the moment,” the “Mad Money” host said. On Wednesday Cramer confirmed that his charitable trust had purchased stocks in…

In case you needed a reminder to secure your IP security cameras with a strong password, a new feature of the Shodan IoT search engine should do the trick. By typing “has_screenshot: true port 554” while logged into the search engine, users can now see screenshots from vulnerable webcams around the world. Ars Technica reportsthat the new search filter was first spotted by security researcher Dan Tentler, who often tweets links to cameras and other insecure IoT devices surfaced by Shodan. For vulnerable webcams, the problem lies in the use of the Real Time Streaming Protocol on an open port…

With the start of earnings season, investors may wonder which companies historically perform the best this time of year. CNBC Pro used Kensho, a quantitative tool used by hedge funds, and searched for the top S&P 500 stocks during the fourth-quarter earnings season over the last decade. We then weeded out any companies with mixed earnings track records, using data from Bespoke Investment Group. Here are the five stocks that beat earnings estimates at least 85 percent of the time and on average rise the most. . [“source-businesstoday”]

The markets are off to a rough start this year, but despite the noise, these are three stocks to bet on, says RBC Capital Markets’ head of global research, Marc Harris. Placing Aramark in its transformative bucket, RBC considers that the food service company is resilient in this tough economic environment and the kind of stock that investors would want to own now. “This is a [earnings-per-share] doubling store over the next couple of years,” he said in a conversation with “Power Lunch.” “This is a company that only six months ago hardly had technology managing 200,000-plus employees in their…

After toying with virtual reality in 2015, the Sundance Film Festival’s diving into VR in a big way this year with its New Frontier lineup. That’s probably why Gear VR maker Samsung chose the festival as the perfect time to announce it would open a studio in New York dedicated to creating “new immersive experiences” for virtual reality, according to CNET. There’s not a lot of news about the new studio or what kinds of “experiences” the company plans to create. The new studio will be in the same office as a Samsung marketing team, CNET reports. Depending on space,…

Jim Cramer considers it his job to make sure that investors don’t let Thursday’s market bounce lure them into value traps. He sees a ton of value-trap stocks lingering out there, and they could be incredibly dangerous. A value trap is a stock that appears to be cheap because it has a low price-to-earnings multiple but is deceiving because the actual earnings estimates are too high. So, when the numbers come down, the stock gets crushed. “This can be a difficult concept for people, since the price-to-earnings multiple or P/E ratio, is the No. 1 metric we use to value…