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The latest local, regional and national news events of the day along with weather conditions and traffic issues are provided by the Local 4 News Team.

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LARRY WILLIAMS


Charts suggest 'it's going to be a very nice summer' for stocks, Jim Cramer says

"Larry Williams perfectly called the bottom the week before last. Now his analysis suggests we've got a lot more room to run," the "Mad Money" host said.

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Cramer says a seasoned technical analyst expects inflation peak, market rally into June

Inflation could soon peak and the market could rally according to Williams' analysis, Cramer said Wednesday.

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Jim Cramer tells investors to ‘stay the course’ as markets continue to shake

"History is very clear: It says you must stay the course," the "Mad Money" host said Wednesday.

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Cramer still believes in Santa Claus rally into end of 2021 even as Covid omicron cases spike

CNBC's Jim Cramer sees a Santa Claus rally this year despite the raging omicron variant that's spiking Covid cases during the holidays.

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Detroit man charged in stabbing of DDOT bus driver

Allegedly, the incident followed a verbal altercation between the victim and the defendant that escalated when Hobson stabbed the victim multiple times, non of which fatally injured him.

Charts suggest S&P 500 may struggle in August while gold looks set to rally, Cramer says

"Mad Money" host Jim Cramer analyzes charts from technician Larry Williams that offer insight into how gold and the S&P 500 may trade this month.

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Cramer says a 'late-June swoon' could create opportunities in stocks

CNBC's Jim Cramer flagged a seasonal traded from noted technician Larry Williams, who is forecasting a decline in the S&P 500 at the end of the month.

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Red Storm gives Monroe grad second chance at football

Larry Williams never had his shot in high school but is back on the football field at the semipro level with the Southeast Michigan Red Storm.

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Cramer says Costco, Amazon, Shopify and Walmart could trade higher on an 'Easter rally'

CNBC's Jim Cramer on Tuesday broke down a seasonal trading pattern in retail stocks that he thinks investors should be privy to. "If history's any guide, Williams is betting that a rising April tide will be able to lift all retail ships," Cramer said. Each of the stocks is down on the year except for Shopify, which is trading 2% higher. Cramer called it an "Easter rally," naming it after the holiday less than two weeks away. Going over chart analysis from Williams, Cramer noted how the retail group tends to rally in the days before or after the Easter holiday.

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Cramer reveals retail stocks to play Larry Williams' 'Thanksgiving trade'

With Thanksgiving nigh, CNBC's Jim Cramer on Monday revealed a seasonal pattern that investors can consider playing leading into the Christmas holiday. He recommended market participants play the Thanksgiving trade by exposing their portfolio to retail. Cramer last presented a seasonal trade from Williams, whose storied trading career spans more than five decades, in July. "Larry Williams says we're about to have a month-long retail rally from Thanksgiving through Christmas but we should expect the holiday season to be dominated by online retail," Cramer said. "Considering how well his Fourth of July trade worked out," Cramer said of Williams, "I bet he's going to be right about the Thanksgiving trade."

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Ypsilanti Cancels Summer Beer Festival

Hoodline crunched the numbers to find the best affordable dessert hot spots in Detroit. The 4 Best Cafes In DetroitLooking to try the best cafes in town? 5 Vodka Sauce Recipes To Try This WeekAnd would you miss it if it wasn't there? Try These Make-Ahead Freezer Meals Perfect For WeeknightsSet yourself up for easy weeknight dinners no matter what! Coronavirus Cooking: The Most Searched Recipe In Every State During QuarantineFind the most popular eats for your home state and across the country during the coronavirus quarantine.

detroit.cbslocal.com

Suspect In Game Threat To Ohio State Football Players Changes Plea

Hoodline crunched the numbers to find the best affordable dessert hot spots in Detroit. The 4 Best Cafes In DetroitLooking to try the best cafes in town? 5 Vodka Sauce Recipes To Try This WeekAnd would you miss it if it wasn't there? Try These Make-Ahead Freezer Meals Perfect For WeeknightsSet yourself up for easy weeknight dinners no matter what! Coronavirus Cooking: The Most Searched Recipe In Every State During QuarantineFind the most popular eats for your home state and across the country during the coronavirus quarantine.

detroit.cbslocal.com

Taylor Man Accused Of Shooting His Own Son

Hoodline crunched the numbers to find the best affordable dessert hot spots in Detroit. The 4 Best Cafes In DetroitLooking to try the best cafes in town? 5 Vodka Sauce Recipes To Try This WeekAnd would you miss it if it wasn't there? Try These Make-Ahead Freezer Meals Perfect For WeeknightsSet yourself up for easy weeknight dinners no matter what! Coronavirus Cooking: The Most Searched Recipe In Every State During QuarantineFind the most popular eats for your home state and across the country during the coronavirus quarantine.

detroit.cbslocal.com

Taylor father accused of shooting son during argument

TAYLOR, Mich. A Taylor man is facing charges after he allegedly shot his 28-year-old son during an argument Thursday. Fredrick Larry Williams, 52, is charged with assault with intent to do great bodily harm, felonious assault, careless discharge of a weapon and two counts of felony firearm. When they arrived, they found a man with a gunshot wound in front of a home. According to police, Williams and his son were arguing. The argument allegedly turned physical before Williams is accused of shooting his son with a handgun.

Charts show the US could be able to reopen for business in three weeks, Jim Cramer says

The potential for the United States economy to reopen in a few weeks is now on the table, though it should be taken with a grain of salt, CNBC's Jim Cramer said Tuesday. Williams believes that officials could be free to loosen restrictive measures by May 12, or three weeks from Tuesday. "I'm still very worried about this pandemic ... but the charts, as interpreted by Larry Williams, suggest that the future might be brighter than we expect," Cramer said. "My gut says this forecast is too optimistic, maybe way too optimistic," Cramer said, "but Williams has such a strong track record that I thought it's worth putting this idea out there." Georgia plans to let some businesses reopen on Friday.

cnbc.com

Everything Jim Cramer said about the stock market on 'Mad Money,' including bearish feels, 'Medicare for All,' S&P forecast

CNBC's Jim Cramer advises investors to hold off from putting new money to work as stocks pull back from their record highs. The "Mad Money" host breaks down why Elizabeth Warren's back peddle on her health care proposal is a boon for the managed-care stock of United Health. Put a pause on buying new stocksTraders and financial professionals work on the floor of the New York Stock Exchange. Johannes Eisele | AFP | Getty ImagesAfter enjoying weeks of record highs, investors should brace for impact in case the stock market turns ugly. Wall Street could face some pressure in coming months as stocks revert to more attractive levels, CNBC's Jim Cramer said Monday.

cnbc.com
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