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Rico Carty, who won the 1970 NL batting title when he hit a major league-best .366 for the Atlanta Braves, has died. He was 85. , the players’ association and the Braves paid tribute to Carty on social media on Sunday. No further details on Carty’s death were provided. “Carty was one of the first groundbreaking Latino stars in the major leagues, and he established himself as a hero to millions in his native Dominican Republic, his hometown of San Pedro de Macoris, and the city of Atlanta, where he was a beloved fan favourite,” the players’ association said . The Braves said Carty left on the organization. “While his on-field accomplishments will never be forgotten, his unforgettable smile and generous nature will be sorely missed,” the team said in its statement. Carty made his big league debut with the Braves in September 1963. He batted .330 with 22 homers and 88 RBIs in his first full season in 1964, finishing second to Dick Allen in voting for NL Rookie of the Year. The Braves moved from Milwaukee to Atlanta after the 1965 season, and Carty got the franchise’s first hit in its new home on April 12, 1966, against Pittsburgh. Carty had his best year in 1970, batting .366 with 25 homers and a career-best 101 RBIs. He started the All-Star Game after he was elected as a write-in candidate, joining Willie Mays and Hank Aaron in the NL outfield. Carty batted .299 with 204 homers and 890 RBIs over 15 years in the majors, also playing for Cleveland, Toronto, Oakland, Texas and the Chicago Cubs. He retired after the 1979 season.
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Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a mixed week, but all the major indexes hit fresh highs at one point amid generally strong tech earnings. Treasury yields fell amid tame economic data, which bolstered expectations for another Fed rate cut on Dec. 18. The Nasdaq led, with the 20,000 level looking like a magnet. But the tech-heavy composite is starting to look extended. ( ), ( ), ( ), ( ) are all flashing buy signs. Nvidia and Meta stock are on . Meta also is on . Microsoft stock is on . Nvidia stock is on the . Dow Jones Futures Today Dow Jones futures open at 6 p.m. ET on Sunday, along with S&P 500 futures and Nasdaq 100 futures. Remember that overnight action in and elsewhere doesn't necessarily translate into actual trading in the next regular session. Stock Market Rally The stock market rally had a mixed week, but the Nasdaq and techs thrived. The Dow Jones Industrial Average fell 0.6% in last week's , despite hitting a fresh all-time peak on Wednesday. The S&P 500 index rose nearly 1% and the Nasdaq composite jumped 3.3%, both setting records on Friday. The small-cap Russell 2000 declined 1.1%. The 10-year Treasury yield declined four basis points to 4.15%, hitting the lowest levels since late October. U.S. crude oil futures fell 1.2% to $67.20 a barrel last week. Nasdaq 20,000 Nears But Risks Rise The Nasdaq composite is within 1% below the 20,000 level, one month after topping 19,000 for the first time. However, the Nasdaq is now 6.2% above its 50-day moving average. When the Nasdaq gets 5%-6% above the 50-day line the risks of a pullback start to rise. The Nasdaq can get more extended, sometimes even topping 10% vs. the 50-day, though the odds of a pullback increase as well as the risks that the pullback would be significant. Notably, the S&P 500 is not extended, only 3.7% above its 50-day. As the sector ETFs below show, techs are leading while many market sectors lost ground. Still, along with many "heat" stocks becoming extremely extended from their moving averages, the Nasdaq bears watching from here. ETFs Among growth ETFs, the Innovator IBD 50 ETF ( ) rose 1.55% last week. The iShares Expanded Tech-Software Sector ETF ( ) leaped 5%, with Microsoft a major holding. The VanEck Vectors Semiconductor ETF ( ) gained 2.7%, with Nvidia stock the dominant component. ARK Innovation ETF ( ) soared 8.5% last week and ARK Genomics ETF ( ) climbed 1.85%. SPDR S&P Metals & Mining ETF ( ) plunged 4.8% last week. U.S. Global Jets ETF ( ) ascended 4.1%. SPDR S&P Homebuilders ETF ( ) gave up 3.1%. The Energy Select SPDR ETF ( ) tumbled 4.7% and the Health Care Select Sector SPDR Fund ( ) declined 2.1%. The Industrial Select Sector SPDR Fund ( ) retreated 2.4% The Financial Select SPDR ETF ( ) shed 1.8%. Megacaps In Buy Areas Nvidia stock rose 3% to 142.44 last week, rebounding from the 50-day line to reclaim the 140.76 first cleared in late October. On Friday, shares fell 1.8%, but held the 21-day line. Investors also could use a move above the 150 level, above the bulk of a recent trading range, as an alternate or add-on entry. Shares have moved sideways since late June. Is NVDA stock biding its time for a new run or set to lag other AI plays? Apple stock climbed 2.3% to 242.84 for the week, moving above a 237.49 buy point from a next to another consolidation. Meta stock jumped 8.6% to 623.77 clearing a 602.95 flat-base buy point, according to . The Facebook and Instagram parent rose 2.4% Friday as a federal court upheld a looming U.S. ban of TikTok. Meta also launched its latest large language model, Llama 3.3. Microsoft stock gained 4.75% to 443.57, rebounding from essentially all its moving averages and later topping short-term highs of 438.50 and 441.85. Investors could use these various moves as a chance to buy MSFT stock from an early entry or as a Long-Term Leader. The official buy point is 468.35. Bear in mind, if these megacaps take off — joining ( ) and ( ) that would likely push the Nasdaq to significantly extended. What To Do Now The stock market rally is acting well, with tech and other growth plays leading the way. Some buying opportunities remain. If you're fully invested, you might need to cut something to take a new position or add to a holding. The market, or at least the Nasdaq, is starting to look stretched. It's not at the point where investors should do proactive selling for that reason alone, though it's a factor to consider as you mull whether to take profits in extended stocks. An extended Nasdaq does raise the risks of new buys. If the composite pulls back, new breakouts or buying opportunities could fizzle. Meanwhile, many extremely extended hot stocks could suffer sharp losses. Earnings season is well off its peak, but there's quality among the limited quantity. ( ), ( ), ( ), ( ), ( ) and ( ) are key earnings reports this coming week, with Nvidia chipmaker ( ) reporting monthly sales. All but Costco stock, which is extended, are trading near buy points or early entries. Read every day to stay in sync with the market direction and leading stocks and sectors.Scheffler goes on a run of birdies in the Bahamas and leads by 2
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The Jacksonville Jaguars (2-10) visit the Tennessee Titans (3-9) on Sunday, December 8, 2024 at Nissan Stadium and will attempt to break a five-game losing streak. Here are best bets recommendations. BetMGM is one of the most trusted Sportsbooks in the nation. Start with as little as $1 and place your bets today . Don’t miss a touchdown this NFL season. Catch every score with NFL RedZone on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Sign up today and watch seven hours of commercial-free football from every NFL game every Sunday. Think you know who will win the game? Sign up at BetMGM and place your bet today. Want to bet on this game’s spread? Head to BetMGM and place your wager today. Want to bet on the over/under in this matchup? Make your wager at BetMGM . Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .NoneDemocrat Denver Mayor Vows Mass Resistance, Police Blockades Against Trump's Migration Mandate