Carnival Stock News

Pandemics and interest rates are causes of concern -- and now investors have a third reason to worry about cruise markets.

Amid a rising number of COVID-19 cases, Brazilian cities Rio de Janeiro and Sao Paulo announced that their Carnival parades would be postponed until April, Reuters reported."Unfortunately we do not have the sanitary conditions to hold Carnival on

NEW YORK , Jan. 14, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MGM, GE, CCL, T, and MRNA. Full story available on Benzinga.com

The CDC''s Conditional Sail Order is sailing softly into the night.

Today, investor-favorite cruise stocks like Carnival, Norwegian and Royal Caribbean are all moving dramatically higher. Here''s why.

Omicron Chaos Forces Norwegian Cruise Line To Cancel Sailings Until April Every cruise ship sailing with passengers in U.S. waters has reports of COVID-19 infections, prompting some cruise ship operators to cancel sails as far out as April. The number of cruise ships with infections has dramatically increased over recent weeks as the Omicron variant spreads like wildfire throughout the U.S. The U.S. Centers for Disease Control and Prevention (CDC) has flagged 92 cruise ships with infections this week. Last week, the CDC raised the COVID-19 Travel Health Notice level for cruise ships from Level 3 to Level 4, the highest level , amid soaring infections. Health officials warned Americans to avoid traveling on cruise ships at all costs. "The virus that causes COVID-19 spreads easily between people in close quarters on board ships, and the chance of getting COVID-19 on cruise ships is very high, even if you are fully vaccinated and have received a COVID-19 vaccine booster dose," the agency warned.

Royal Caribbean Shares Fall After Hindenburg Research Discloses Short Position Shares of Royal Caribbean are under pressure after noted short-seller Hindenburg Research announced in a series of Tweets that it was shorting the cruise line. In a series of tweets, Hindenburg said that RCL was one of the most dislocated re-opening stocks on the market today and said that the outlook for the cruise industry "is far more grim than other hospitality and leisure" industries. Hindenburg pointed out the company''s ballooning liabilities and share count, saying the company''s current debt would be "extremely difficult to service, almost necessitating extensive dilution of existing shareholders". The firm also pointed to increased fuel costs, vaccination mandates and the CDC''s Conditional Sailing Order as headwinds. We are short $RCL , which we believe to be one of the most dislocated re-opening stocks on the market today. The outlook for $RCL and the cruise industry is far more grim than other hospitality and leisure post-Covid stories. Hindenburg Research (@HindenburgRes) January 6, 2022 As far as low hanging fruit for short sellers as part of the post-Covid re-open trade, Royal Caribbean may be at the top of the list since it returned 3% in 2021, while Carnival and Norwegian Cruise Line Holdings fell 7.1% ad 18% respectively, according to Bloomberg.

Futures Steady After Fed-Inspired Rout As Tech, Bitcoin Slide Continues US equity futures were little changed after earlier swings as traders digested hawkish Fed minutes that sparked a global stock rout on Wednesday. As discussed yesterday, minutes from the Feds December meeting showed a growing preference for a faster path of rate hikes and a shrinking of the banks balance sheet (one which would lead to yet another market crash and even more stimulus). However, while rising rates is terrible news for tech and high duration names, it''s good news for the value sector, and investors bet while the Fed''s faster-than-expected policy tightening (which will lead to faster than expected easing) may crimp highly valued technology stocks it will offer opportunities in other equity sectors, and sure enough with Nasdaq futures bombing again, energy names like Exxon are at 2 year highs. Treasury yields extended a spike, with the 10Y rising to 1.75%, the dollar was unchanged and bitcoin''s plunge continued even though the selling in stocks has subsided.

Investors are hoping for a cruise industry rebound in 2022.

Apple, Inc (NASDAQ: AAPL ), Carnival Corp (NYSE: CCL ) and JP Morgan & Chase (NYSE: JPM ) are all trading higher in strong uptrends. An uptrend occurs when a stock consistently makes a series of higher highs and higher lows on the chart. The higher highs indicate the bulls are in control while the intermittent higher lows indicate consolidation periods. Traders can use moving averages to help identify an uptrend with rising lower timeframe moving averages (such as the eight-day or 21-day exponential moving averages) indicating the stock is in a steep shorter-term uptrend and rising longer-term moving averages (such as the 200-day simple moving average) indicating a long-term uptrend. A stock often signals when the higher high is in by printing a reversal candlestick such as a doji, bearish engulfing or hanging man candlestick. Likewise, the higher low could be signaled when a doji, morning star or hammer candlestick is printed. Moreover, the higher highs and higher lows often take place at

Carnival (NYSE: CCL ) has observed the following analyst ratings within the last quarter:

The project coordinator says they are creating what they hope will be "the pride of Somerset.

Carnival''s trade organization representative says cruising is a great way to avoid COVID-19.

Apple and Tesla were wavering after a strong start to the year; Jowell Global shares extended their decline.