Tag Archives: Julys

Jobs report will make or break July’s rally

CNBC’s Jim Cramer on Monday said the most important data this week is the Bureau of Labor Statistics release of the July nonfarm payrolls report on Friday morning.

“If it shows some job growth with no wage inflation, then the fabulous July rally can stand. But if it shows booming hiring with exceptionally large wage increases, then some of this rally, if not much of it, is going to be repealed,” the “Mad Money” host said. 

Job growth has been strong this year, leading economists to say the U.S. is not in a recession even with two back-to-back quarters of negative GDP. 

Another strong jobs report could mean the Federal Reserve, which added a three-quarters a percentage point interest rate hike last week, will have to take stronger action to slow down the economy and inflation.

Cramer also previewed this week’s slate of earnings. All earnings and revenue estimates are courtesy of FactSet.

Tuesday: Uber, AMD, Starbucks, Airbnb, JetBlue, PayPal

Uber

  • Q2 2022 earnings release at TBD time; conference call at 8 a.m. ET
  • Projected loss: loss of 27 cents per share
  • Projected revenue: $7.36 billion

Cramer said he believes Uber will always struggle to make money unless it gets “real” autonomous vehicles.

AMD

  • Q2 2022 earnings release at 4:15 p.m. ET; conference call at 5 p.m. ET
  • Projected EPS: $1.03
  • Projected revenue: $6.53 billion

AMD will likely report a strong performance, Cramer predicted.

Starbucks

  • Q3 2022 earnings release at 4:05 p.m. ET; conference call at 5 p.m. ET
  • Projected EPS: 77 cents
  • Projected revenue: $8.15 billion

Cramer said he wants to bet on Starbucks CEO Howard Schultz, not against him.

Airbnb

  • Q2 2022 earnings release between 4 p.m. and 4:05 p.m. ET; conference call at 4:30 p.m. ET
  • Projected EPS: 45 cents
  • Projected revenue: $2.11 billion

The company will likely report it’s doing well, Cramer said, adding that he believes shares of Airbnb won’t go higher unless it turns its cash flow into actual earnings.

JetBlue

  • Q2 2022 earnings release at 7 a.m. ET; conference call at 10 a.m. ET
  • Projected per share loss: 11 cents
  • Projected revenue: $2.45 billion

Cramer said he believes the Justice Department will block JetBlue’s deal to acquire Spirit Airlines.

PayPal

  • Q2 2022 earnings release at 4:15 p.m. ET; conference call at 5 p.m. ET
  • Projected EPS: 87 cents
  • Projected revenue: $6.78 billion

“If PayPal misses again, this is Elliott’s ballgame,” Cramer said, referring to activist investor Elliott Management’s recently acquired stake in the payment platform.

Wednesday: CVS

  • Q2 2022 earnings release at 6:30 a.m. ET; conference call at 8 a.m. ET
  • Projected EPS: $2.18
  • Projected revenue: $76.41 billion

Cramer said he expects the retail giant to report great numbers.

Thursday: Eli Lilly, Warner Bros Discovery, DoorDash

Eli Lilly

  • Q2 2022 earnings release at 6:25 a.m. ET; conference call at 9 a.m. ET
  • Projected EPS: $1.70 
  • Projected revenue: $6.85 billion

Cramer said he believes the success of Eli Lilly’s new weight loss drug will help the company report a great quarter.

Warner Bros Discovery

  • Q2 2022 earnings release after the bell; conference call at 4:30 p.m. ET
  • Projected EPS: 12 cents
  • Projected revenue: $11.85 billion

Cramer said he believes the company will try to muddle through getting rid of its huge debt load totaling around $55 billion.

DoorDash

  • Q2 2022 earnings release at 4:05 p.m. ET; conference call at 6 p.m. ET
  • Projected per share loss: 21 cents
  • Projected revenue: $1.52 billion

Cramer said he’s unsure whether DoorDash will be able to revive its stock price.

Disclosure: Cramer’s Charitable Trust owns shares of AMD and Eli Lilly.

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Photograph tips for July’s ‘Buck’ supermoon on Wednesday

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July’s full moon is special. Not only is it a supermoon — which appears larger than a “regular” full moon — but it is the biggest and brightest full moon of 2022. The increased size and brightness occur because its orbit is closer to Earth than any other full moon this year.

This month’s supermoon is known as the buck moon, since the moon occurs when male deer, called bucks, sport their newly grown antlers. It rises Wednesday evening at 9:05 p.m. in Washington and sets at 6:31 a.m. the following morning. Check TimeandDate.com for moonrise and moonset times in other locations.

On Wednesday evening, weather fronts along the East Coast and in the Intermountain West will generate scattered cloud cover that may impair viewing. Skies will be clearest in the Central United States and west of the Rockies.

The term supermoon was first coined in 1979 by Richard Nolle when describing a new or full moon that is within 90 percent of its closest approach to Earth. Over recent years, supermoons have become popular targets for photographers.

And to help those of us who hope to photograph this month’s buck moon, I asked area photographers for tips and advice to capture the perfect moon shot — from how to plan for your shot, avoid overexposing the moon and achieve stellar framing.

Below are the photographers’ suggestions for photographing the moon, along with a collection of their photos. I’ve also included a few of my own. The camera settings used to take the photos are included in the captions.

  • The first step to planning a moon photo is to check the schedule of moonrise, moonset and moon phase. — Kevin Ambrose
  • Patience is needed, and it helps to stay up late or to get up early, depending upon the position of the moon. — Chris Fukuda
  • Always use a tripod and a remote shutter release, which are wired or wireless, to avoid camera movement. — Kevin Ambrose
  • Turn off autofocus and lock in the focus on objects in the foreground before moonrise. Otherwise, the autofocus may jump around during the shoot. — Dave Lyons
  • Take lots of photos as you never know which one will end up hanging on your wall, or someone else’s. — Josh Steele
  • Various apps can be used to plan where the moon will be on a certain day. Some popular apps are PhotoPills, Photographer’s Ephemeris (TPE), Sun Surveyor and Planit Pro. Google Earth and Street View are also helpful in understanding the foreground view from a specific location. — Dave Lyons
  • Don’t worry if it’s not a perfectly clear night as low clouds can often create a much more dramatic background with the moon. — Josh Steele
  • The moon is extremely bright soon after it rises above the horizon, and if the moon is overexposed, detail is lost. — Kevin Ambrose
  • Underexpose. — Kevin Wolf
  • Since proper exposure is a challenge at dawn and dusk, consider bracketing your exposures. I’ll often bracket (+/- 1 or 2 stops). — Dave Lyons
  • Add interest to your moon photo by pairing it with a foreground subject such as the U.S. Capitol, Washington Monument, Lincoln Memorial, Jefferson Memorial, etc. And when possible, position yourself far away from the foreground subject to make the moon appear larger. — Dave Lyons
  • I like to capture moon shots from a distance with a long lens, ideally 400 mm or greater. This makes the moon look bigger and more interesting in comparison to the foreground. — Josh Steele
  • For perfect alignment in photos, you need to measure the elevation angles of how the moon rises, sets and its phase. You can get the information by using PhotoPills or Photo Ephermeris (TPE). — Chris Fukuda
  • The closer the moon is to the horizon, the more variations of color you will see and photograph. — Josh Steele
  • Windy conditions can produce blurry photos because it shakes the tripod. And the blur is amplified when the camera is zoomed in from a long distance. Thus, a fast shutter speed, 1/20 second or faster, is often necessary for sharp moon photos with wind. — Sasa Lin
  • It’s important that your foreground subject is sharp. It is not as important to have the moon sharp because when the moon is near the horizon, it often appears distorted due to the atmosphere. — Dave Lyons
  • I love photos that combine a view of the moon with a lightning flash. It’s a rare combination, but it’s possible when shooting a distant thunderstorm surrounded by clear sky. — Kevin Ambrose
  • While a long lens (300 mm or greater) is best when shooting a long distance from a foreground object, a 70-200 mm lens is all that is needed for many classic D.C. moon shots. — Dave Lyons

I also queried smartphone photographers for their tips to shoot the moon with camera phones:

  • Aim a telescope at the moon, then position an iPhone’s camera close to the telescope’s lens eyepiece without touching it. Take multiple photos of the eyepiece and choose the photo that has the best focus. — David Roberts
  • In lowlight conditions, you can use the iPhone’s Night mode Time-lapse with a tripod to capture videos with longer interval frames. Open the camera app, then swipe to the far left until you see Time-lapse. Tap the shutter button to capture your video. — David Jenkins
  • Taking photographs of the moon with a smartphone can be more challenging than with a DSLR camera. Long exposure apps, available from the Apple App Store and Google Play store, can significantly improve the quality of nighttime photos. Nicole France at Mark Lord Photography

Let us know if you have any tips or suggestions for shooting the moon.

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July’s buck moon will light up the sky this week

The buck moon will appear full from Tuesday morning to early Friday, according to NASA. It will reach its peak on Wednesday at 2:48 p.m. ET, but will not be fully visible in North America until moonrise. For those who catch a glimpse, it might appear larger and brighter than other moons of 2022 because it’s a supermoon.
While there isn’t a single definition of “supermoon,” the term typically refers to a full moon that can stand out more than others because it is within 90% of its closest orbit to Earth. The buck moon is the supermoon that will come closest to Earth this year, according to The Old Farmer’s Almanac.

The clearest views of July’s full moon in the US will be on the West Coast, in the Great Plains and the Midwest, CNN meteorologist Jennifer Gray said. A cold front will move into the southeastern US on July 12 and 13, potentially causing thunderstorms and rain across the region. Parts of Arizona, New Mexico, Utah and Colorado also are expecting thunderstorms early this week, she added.

“Unlike some astronomical events, there’s not (a situation where) you’ve got to look at it this instant or else you miss it,” said Noah Petro, chief of NASA’s Planetary Geology, Geophysics and Geochemistry Lab. “There’s really no moment that you have to be looking at it to maximize your enjoyment of the full moon. If it’s cloudy and you don’t want to be outside, just go one of the next nights.”

For the clearest views of the moon, Petro recommended avoiding areas surrounded by tall buildings and thick forestry. The Old Farmer’s Almanac calculator can help you find out what time the moon rises and sets in your location.

This full moon is most commonly known as the buck moon because male deer, or bucks, fully grow out their antlers in July, according to The Old Farmer’s Almanac. Bucks’ antlers shed and regrow each year, becoming larger as the animals age.

July’s full moon has been known by some other names.

The Tlingit people refer to it as the salmon moon, since fish often returned to the Pacific Northwest coast around this time and were ready to be harvested. For the Western Abenaki, it’s the thunder moon, in reference to the frequent thunderstorms during this time of year.

In Europe, July’s moon is often called the hay moon for the haymaking season in June and July, according to NASA.

July’s full moon corresponds with the Hindu, Buddhist and Jain festival Guru Purnima, a celebration to clear the mind and honor spiritual and academic gurus.

For Petro and other space enthusiasts, this moon is called the Apollo 11 moon. Apollo 11 was the first mission to put humans on the lunar surface. The mission launched on July 16,1969, and landed on the moon on July 20, 1969.

There will be five more full moons in 2022, according to The Old Farmer’s Almanac:

• August 11: Sturgeon moon

• September 10: Harvest moon

• October 9: Hunter’s moon

• November 8: Beaver moon

• December 7: Cold moon

These are the popularized names associated with the monthly full moons, but the significance of each one may vary across Native American tribes.

Lunar and solar eclipses

There will be one more total lunar eclipse and a partial solar eclipse in 2022, according to The Old Farmer’s Almanac.

Partial solar eclipses occur when the moon passes in front of the sun but only blocks some of its light. Be sure to wear proper eclipse glasses to view solar eclipses safely as the sun’s light can be damaging to the eye.

A partial solar eclipse on October 25 will be visible to those in Greenland, Iceland, Europe, northeastern Africa, the Middle East, western Asia, India and western China. This partial solar eclipse will not be visible from North America.

A total lunar eclipse will also be on display for those in Asia, Australia, the Pacific, South America and North America on November 8 between 3:01 a.m. ET and 8:58 a.m. ET, but the moon will be setting for those in eastern regions of North America during that time.

Meteor showers

Check out the remaining meteor showers that will peak in 2022:

• Southern Delta Aquariids: July 29 to 30

• Alpha Capricornids: July 30 to 31

• Perseids: August 11 to 12

• Orionids: October 20 to 21

• Southern Taurids: November 4 to 5

• Northern Taurids: November 11 to 12

• Leonids: November 17 to 18

• Geminids: December 13 to 14

• Ursids: December 21 to 22

If you live in an urban area, you may want to drive to a place that isn’t littered with city lights to get the best view.

Find an open area with a wide view of the sky. Make sure you have a chair or blanket so you can look straight up. And give your eyes about 20 to 30 minutes — without looking at your phone or other electronics — to adjust to the darkness so the meteors will be easier to spot.

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When to view July’s full buck moon

The next full moon of 2021 will occur on Friday in the U.S.

Called the buck moon and the thunder moon, Earth’s natural satellite will appear opposite the sun in Earth-based longitude at 10:37 p.m. ET, according to NASA.

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In a blog post, the agency wrote that while most of the Americas would experience the moon on Friday, from Newfoundland and Greenland eastward to the International Dateline, the celestial event will occur on Saturday, July 24.

The moon will look full from Thursday night through Sunday morning.

A full moon happens when light from the sun reflects off the near side of the moon.

According to the Maine Farmer’s Almanac, this full moon was named by Algonquin tribes in the Northeast for the period when new antlers of buck deer push out of their foreheads. 

It’s also known as the thunder moon because of the season’s frequent thunderstorms.

Alternatively, Europeans called this full moon the hay moon for the season’s haymaking – and sometimes the mead moon. Hindus, Buddhists, and Jains called this moon the guru full moon and the moon has been celebrated as a time for “clearing the mind and honoring the guru or spiritual master.”

This full moon also marks an important time for Theravada Buddhists, with the festival of Asalha Puja or “Dharma Day.” 

The moon also signifies the beginning of Vassa: a three-month-long annual Buddhist retreat.

In addition, this full moon falls in the middle of the sixth month of the Chinese calendar, the final month of the Islamic year and corresponds with Israel’s Tu B’Av holiday. 

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KCPQ noted Wednesday that this full moon’s appearance could be altered due to the presence of wildfire smoke that has traveled east for thousands of miles in the jet stream. 

That smoke turned skies in the eastern U.S. a hazy gray and the sun a blood orange color. 



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