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Apple shares are at an inflection point, says StockBrockers.com's Jessica Inskip
Apple shares are at an inflection point, says StockBrockers.com's Jessica Inskip

CNBC

time6 days ago

  • Business
  • CNBC

Apple shares are at an inflection point, says StockBrockers.com's Jessica Inskip

Apple is underperforming the rest of the "Magnificent 7," but the technicals show it is at an inflection point, said Jessica Inskip, director of investor research at Apple was one of three names Inskip discussed during the " Three Stock Lunch " segment on CNBC's " Power Lunch " Monday. Apple Shares of the tech giant, which are down more than 20% year to date, have the potential to move higher, according to the charts, Inskip said. "There is a very, very strong resistance support zone where we're in right now -- thus the inflection point, which is around 195 to 200," she said. "We're sitting in there." The highs of the range goes to around 260, she noted. "This is an inflection to go higher because we're at the bottom," she added. AAPL YTD mountain Apple year to date However, Inskip would protect herself with an options trade called a wheel strategy, which will capture some premium in case she is wrong. "We sell a put to buy the stock. It creates neutrality in the short term, but then bullishness on the long term," she said. "We'll do that while we're at the bottom end. If we're assigned and we're wrong, we'll sell a call." Nasdaq Nasdaq should benefit from the move to 24-hour trading , seven days a week, Inskip said. The around-the-clock trading doesn't mean people staying up late in the United States, but more global access to the markets, she explained. That means the markets will need more liquidity, she said. "The way to truly hedge is utilizing options, which means that's next," Inskip said. NDAQ YTD mountain Nasdaq year to date All that new activity is beneficial to Nasdaq, she explained. "They generate off of a lot of trades. We have more trades if they start listing the options," she said. "We need that in order to hedge properly. So there's more activity." UnitedHealth Investors should be careful with UnitedHealth , Inskip said. UnitedHealth wound up on her radar when the stock landed in the Schwab Trading Activity Index (STAX), which is an index of the firm's most actively traded securities. "UNH came up with this buy the dip mentality," she said. "From a technical perspective, UNH is in a bearish trading cycle. It is finding support based on levels, so far, even before Covid," she added. "If there is some support that's there, I expect some rallying to at least the 240 level." However, she is not a bull and is warning retail traders to watch out. "Just like GME, we're buying something because we think it's low, buying the dip without any real conviction of earnings follow-through and I don't see that," he said. UnitedHealth shares are down more than 39% year to date.

Mom, Who Was Accused of Murdering Her 3-Year-Old Daughter, Dies After Being Found Unresponsive in Jail Cell
Mom, Who Was Accused of Murdering Her 3-Year-Old Daughter, Dies After Being Found Unresponsive in Jail Cell

Yahoo

time02-06-2025

  • General
  • Yahoo

Mom, Who Was Accused of Murdering Her 3-Year-Old Daughter, Dies After Being Found Unresponsive in Jail Cell

Lauren Ingrid Flanigan, the Australian woman accused of fatally stabbing her 3-year-old daughter on May 26, has died The 32-year-old was found unresponsive in her jail cell on Friday, May 30, and died in a local hospital on Sunday, June 1 An investigation into the incident is currently underwayLauren Ingrid Flanigan, the Australian woman accused of killing her 3-year-old daughter, has died. Flanigan, 32, was found unresponsive in her cell at the Brisbane Women's Correctional Centre on Friday, May 30, per the Australian Broadcasting Corporation (ABC). Officers provided "immediate assistance" before she was transported to the intensive care unit at a local hospital, according to ABC, which cited Queensland police. Flanigan died on the evening of Sunday, June 1, per the outlet. In a statement to PEOPLE, Queensland Correctional Service confirmed that an investigation into Flanigan's death is underway. The organization said they will assist authorities in preparing a report for the coroner, as 'is standard practice for all deaths in custody.' 'Support is being offered to the responding officers and their colleagues,' the Queensland Correctional Service added. Flanigan, a mother of three, was accused of fatally stabbing her eldest daughter, Sophia Rose, in the front yard of their Moore Park Beach home in Central Queensland on Monday, May 26. Queensland Police Chief Inspector Grant Marcus said authorities received several calls from neighbors, but the child was dead when emergency services found her just before 5 p.m. local time, per 7 News and 9 News. Flanigan was taken into custody and charged, while a knife that police allege was the murder weapon was also seized, the outlets reported. 'There were two other children at the address at the time, both younger — aged 1 and 2,' Superintendent Brad Inskip said, per 'Neither of them was injured in the incident yesterday, and they're currently being cared for by family members.' Want to keep up with the latest crime coverage? Sign up for for breaking crime news, ongoing trial coverage and details of intriguing unsolved cases. Inskip told 7 News that there were 'multiple attempts' to revive Sophia before she succumbed to her injuries. 'No doubt it was a horrific scene, it's a terrible, terrible incident for everybody, including the witnesses and the neighbors, including the emergency services police and ambulances who attended and investigators who are doing the ongoing investigation,' Inskip said, per 7 News. According to Sky News Australia, Flanigan had allegedly posted a number of eerie messages on social media in the days leading up to the fatal stabbing. She allegedly shared a video of a woman with bruises on her arm, captioned, 'Remember your pain as it fuels your purpose.' She allegedly included lyrics from the heavy metal group Disturbed's song 'Prayer,' which say, 'Another nightmare about to come true. Will manifest tomorrow. Another love that I've taken from you.' In other posts, Flanigan allegedly referenced training 'like it's war' and being a 'warrior of light,' according to She captioned a photo of her children 'my divine babies,' while other posts allegedly referenced past trauma. Read the original article on People

Mom, Who Was Accused of Murdering Her 3-Year-Old Daughter, Dies After Being Found Unresponsive in Jail Cell
Mom, Who Was Accused of Murdering Her 3-Year-Old Daughter, Dies After Being Found Unresponsive in Jail Cell

Yahoo

time02-06-2025

  • General
  • Yahoo

Mom, Who Was Accused of Murdering Her 3-Year-Old Daughter, Dies After Being Found Unresponsive in Jail Cell

Lauren Ingrid Flanigan, the Australian woman accused of fatally stabbing her 3-year-old daughter on May 26, has died The 32-year-old was found unresponsive in her jail cell on Friday, May 30, and died in a local hospital on Sunday, June 1 An investigation into the incident is currently underwayLauren Ingrid Flanigan, the Australian woman accused of killing her 3-year-old daughter, has died. Flanigan, 32, was found unresponsive in her cell at the Brisbane Women's Correctional Centre on Friday, May 30, per the Australian Broadcasting Corporation (ABC). Officers provided "immediate assistance" before she was transported to the intensive care unit at a local hospital, according to ABC, which cited Queensland police. Flanigan died on the evening of Sunday, June 1, per the outlet. In a statement to PEOPLE, Queensland Correctional Service confirmed that an investigation into Flanigan's death is underway. The organization said they will assist authorities in preparing a report for the coroner, as 'is standard practice for all deaths in custody.' 'Support is being offered to the responding officers and their colleagues,' the Queensland Correctional Service added. Flanigan, a mother of three, was accused of fatally stabbing her eldest daughter, Sophia Rose, in the front yard of their Moore Park Beach home in Central Queensland on Monday, May 26. Queensland Police Chief Inspector Grant Marcus said authorities received several calls from neighbors, but the child was dead when emergency services found her just before 5 p.m. local time, per 7 News and 9 News. Flanigan was taken into custody and charged, while a knife that police allege was the murder weapon was also seized, the outlets reported. 'There were two other children at the address at the time, both younger — aged 1 and 2,' Superintendent Brad Inskip said, per 'Neither of them was injured in the incident yesterday, and they're currently being cared for by family members.' Want to keep up with the latest crime coverage? Sign up for for breaking crime news, ongoing trial coverage and details of intriguing unsolved cases. Inskip told 7 News that there were 'multiple attempts' to revive Sophia before she succumbed to her injuries. 'No doubt it was a horrific scene, it's a terrible, terrible incident for everybody, including the witnesses and the neighbors, including the emergency services police and ambulances who attended and investigators who are doing the ongoing investigation,' Inskip said, per 7 News. According to Sky News Australia, Flanigan had allegedly posted a number of eerie messages on social media in the days leading up to the fatal stabbing. She allegedly shared a video of a woman with bruises on her arm, captioned, 'Remember your pain as it fuels your purpose.' She allegedly included lyrics from the heavy metal group Disturbed's song 'Prayer,' which say, 'Another nightmare about to come true. Will manifest tomorrow. Another love that I've taken from you.' In other posts, Flanigan allegedly referenced training 'like it's war' and being a 'warrior of light,' according to She captioned a photo of her children 'my divine babies,' while other posts allegedly referenced past trauma. Read the original article on People

Alphabet (GOOG) Has Multiple, Positive Catalysts, Stock Researcher Says
Alphabet (GOOG) Has Multiple, Positive Catalysts, Stock Researcher Says

Yahoo

time28-05-2025

  • Business
  • Yahoo

Alphabet (GOOG) Has Multiple, Positive Catalysts, Stock Researcher Says

Alphabet Inc. (NASDAQ:GOOG)'s new, popular video technology, along with its huge user base and leverage to the blockchain, make GOOG stock attractive, stock researcher Jessica Inskip told Schwab Network recently. Inskip is the Director of Investor Research at Last weekend, there was a "surge" of interest in Alphabet Inc. (NASDAQ:GOOG)'s new, AI-powered video technology, Veo3, Inskip reported. Alphabet Inc. (NASDAQ:GOOG)'s decision to release the technology was "a brilliant PR move because the videos really provided in-depth clarity," she said. Meanwhile, Alphabet Inc. (NASDAQ:GOOG) has 15 products with over 500 million users each, and all of them feature its Gemini AI system, the researcher noted. Finally, Alphabet (GOOG) is "part of blockchain infrastructure," and blockchain infrastructure can be built using Google Cloud, according to Inskip, who's very bullish on the blockchain. In the last month, the shares have gained 7%, while they have retreated 4% in the last three months. While we acknowledge the potential of GOOG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GOOG and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Alphabet (GOOG) Has Multiple, Positive Catalysts, Stock Researcher Says
Alphabet (GOOG) Has Multiple, Positive Catalysts, Stock Researcher Says

Yahoo

time28-05-2025

  • Business
  • Yahoo

Alphabet (GOOG) Has Multiple, Positive Catalysts, Stock Researcher Says

Alphabet Inc. (NASDAQ:GOOG)'s new, popular video technology, along with its huge user base and leverage to the blockchain, make GOOG stock attractive, stock researcher Jessica Inskip told Schwab Network recently. Inskip is the Director of Investor Research at Last weekend, there was a "surge" of interest in Alphabet Inc. (NASDAQ:GOOG)'s new, AI-powered video technology, Veo3, Inskip reported. Alphabet Inc. (NASDAQ:GOOG)'s decision to release the technology was "a brilliant PR move because the videos really provided in-depth clarity," she said. Meanwhile, Alphabet Inc. (NASDAQ:GOOG) has 15 products with over 500 million users each, and all of them feature its Gemini AI system, the researcher noted. Finally, Alphabet (GOOG) is "part of blockchain infrastructure," and blockchain infrastructure can be built using Google Cloud, according to Inskip, who's very bullish on the blockchain. In the last month, the shares have gained 7%, while they have retreated 4% in the last three months. While we acknowledge the potential of GOOG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GOOG and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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