DIRS.INFO The most relevant business & tech news

☆ Relief rally is 'questionable at best' and stocks to finish year lower from here, says Piper Sandler
▼ + stars: | 2024-05-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

"This relief rally in equities is questionable at best," wrote chief market technician Craig Johnson. .SPX YTD mountain S & P 500 this year Year to date, the S & P 500 is up more than 8%, with the low end of the firm's range suggesting the benchmark could fall 10% from Friday's close. When an asset breaks above its 50-day moving average, it is seen as a sign of strong momentum. The S & P 500 on Monday rose, breaking above its 50-day moving average. The Nasdaq is also trading above its 50-day average.

Persons: Piper Sandler, Craig Johnson, Stocks Organizations: Dow, Nasdaq Locations: Friday's, U.S

☆ Economic data will be behind next market catalyst, says Piper Sandler's Craig Johnson
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic data will be behind next market catalyst, says Piper Sandler's Craig JohnsonHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Piper Sandler's Craig Johnson, Brian Sullivan, “ Organizations: CNBC

☆ Here are the three things giving investors relief right now, according to Craig Johnson
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere are the three things giving investors relief right now, according to Craig JohnsonCraig Johnson, Chief Market Technician at Piper Sandler, lays out the technical signals coming from the markets.

Persons: Craig Johnson Craig Johnson, Piper Sandler

☆ Wall Street seems worried about Apple — and divided over its stock
▼ + stars: | 2024-04-05 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple's decision to cut more than 600 employees in California speaks to the challenges facing the technology titan and affecting its stock price — and why analysts are divided over its outlook. At the same time, reports suggest Apple is looking into building robots that help people with household tasks. Related storiesWorries that Apple has lost its way have weighed on its stock price. Even so, Apple is a mainstay of many stock portfolios and unlikely to fall much further, Craig Johnson, chief market technician at Piper Sandler, told Bloomberg.

Persons: —, Gene Munster, Dan Ives, Cook, Apple, Craig Johnson, Piper Sandler, Warren Buffett, they've, Johnson Organizations: Service, Apple, Business, Deepwater Asset Management, CNBC, Big Tech, Microsoft, Bloomberg, Berkshire Hathaway, Yahoo Finance Locations: California, China, Europe, Berkshire

☆ Wall Street could be in for another good quarter after an exuberant start to the year, history shows
▼ + stars: | 2024-03-28 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Wall Street could be in for another solid quarter as stocks have embarked on a strong start to the year. Specifically, in the second quarter, the S & P 500 was higher 9 out of 11 times, averaging a 2.7% gain. Significantly, two occurrences of those 10% first-quarter gains Detrick reviewed took place during election years, with the S & P 500 ending higher on the year. In 1976, the S & P 500 went on to register a 1.5% increase in the second quarter, and a 4.6% jump for the rest of the year. The Wall Street firm maintained its year-end S & P 500 target of 5,050, representing a 3.8% slide from Wednesday's close.

Persons: Ryan Detrick, We've, there'd, Detrick, CNBC's, Research's Sam Stovall, Stovall, Piper Sandler, Craig Johnson, Brian Nick, Nick, John Stoltzfus, Ayako Yoshioka, Yoshioka, CFRA's Stovall, FactSet Organizations: Nvidia, VanEck Semiconductor, Dow Jones, Carson Group, Macro, PMI, Manufacturing, ADP, Survey, Services PMI, Weston Holdings, Conagra Brands, Consumer Credit Locations: U.S

☆ Markets need to cool their engines are strong start to the year, says Craig Johnson
▼ + stars: | 2024-03-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets need to cool their engines are strong start to the year, says Craig JohnsonCraig Johnson, Chief Market Technician at Piper Sandler, discusses the market rally, his S&P price target, and recent portfolio recommendation changes.

Persons: Craig Johnson Craig Johnson, Piper Sandler

☆ Piper Sandler believes S&P 500 vulnerable to a correction, dumps Nvidia from its model portfolio
▼ + stars: | 2024-03-27 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Piper Sandler is concerned the S & P 500 is due for a correction, and it has dumped Nvidia from its model portfolio. The S & P 500 is on pace to close out its best quarter since 2019. "We believe the SPX is vulnerable to a 5%-10% pullback/correction in the coming weeks," Johnson added. .SPX 1D mountain S & P 500 Significantly, Johnson removed Nvidia from his model portfolio, the AI beneficiary that has soared more than 80% this year and has been one of the primary drivers of gains in the S & P 500. As a whole, the Wall Street firm reduced the equity exposure in its model portfolio to 90% from 98%.

Persons: Piper Sandler, Craig Johnson, Johnson, It's Organizations: Nvidia, Dow Jones, Micron Technology, Taiwan Semiconductor Manufacturing, Wall

☆ The inflation battle is not done, says Piper Sandler's Craig Johnson
▼ + stars: | 2024-03-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe inflation battle is not done, says Piper Sandler's Craig JohnsonHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Piper Sandler's Craig Johnson, Brian Sullivan, “ Organizations: CNBC

☆ Sell Nvidia or stick with it? Here's what experts say
▼ + stars: | 2024-03-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

Here's what those who currently hold Nvidia shares are doing — or planning to do — with their positions. Sell at least some Some are saying it's time to sell or that they have already sold part of their Nvidia shares. Vahan Janjigian, chief investment officer at U.S.-based Greenwich Wealth Management, says he had a "big position" in Nvidia until recently. Paul Gambles, managing partner of MBMG Family Office Group, told CNBC Pro on Monday that he'd sell Nvidia right now. Stick with it Louis Navellier of Navellier and Associates is still fairly bullish, and says it's definitely not time to sell any Nvidia shares yet.

Persons: it's, Vahan Janjigian, CNBC's, Paul Gambles, Gambles, NVDA, Jordan Cvetanovski, Cvetanovski, I'm, we've, Craig Johnson, Piper Sandler, Louis Navellier Organizations: Nvidia, Greenwich Wealth Management, Trust, VanEck Semiconductor, Family, CNBC Pro, Sydney, Pella Funds Management, Navellier Locations: Pella

☆ Sell Nvidia or stick with it? Here's what investors say
▼ + stars: | 2024-03-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

Here's what those who currently hold Nvidia shares are doing — or planning to do — with their positions. Sell at least some Some are saying it's time to sell or that they have already sold part of their Nvidia shares. Paul Gambles, managing partner of MBMG Family Office Group, told CNBC Pro on Monday that he'd sell Nvidia right now. Stick with it Louis Navellier of Navellier and Associates is still fairly bullish, and says it's definitely not time to sell any Nvidia shares yet. After Nvidia's selloff, he reiterated his position, saying he has no plans to sell Nvidia.

Persons: it's, Vahan Janjigian, CNBC's, Paul Gambles, Gambles, NVDA, Jordan Cvetanovski, Cvetanovski, I'm, we've, Craig Johnson, Piper Sandler, Louis Navellier, Nvidia's selloff Organizations: Nvidia, Greenwich Wealth Management, Trust, VanEck Semiconductor, Family, CNBC Pro, Sydney, Pella Funds Management, Navellier Locations: Pella, NVDA

☆ The technical and fundamental takes on Magnificent 7 stocks
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe technical and fundamental takes on Magnificent 7 stocksCraig Johnson, Chief Market Technician at Piper Sandler, and Sarah Kunst, Managing Director at Cleo Capital, discuss the outlook for mega-cap tech stocks.

Persons: Craig Johnson, Piper Sandler, Sarah Kunst, Capital

☆ Now is the time to buy blue chip stocks, says Craig Johnson
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow is the time to buy blue chip stocks, says Craig JohnsonCraig Johnson, Chief Market Technician at Piper Sandler, discusses the markets during February.

Persons: Craig Johnson Craig Johnson, Piper Sandler

☆ Battle-tested bull: S&P 500 plows through obstacle course of worries to new high
▼ + stars: | 2024-02-03 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The S & P 500' s latest run to a record high last week took it through an obstacle course of macroeconomic and company-specific hazards. Stocks are not at all cheap, with the S & P 500 at 20-times year-ahead earnings, which probably will mute multi-year returns. The median S & P 500 stock is flat year to date, is up 13% over the past three months, has gained 30% off its 52-week low and is within 8% of its 52-week high. On Friday, even as a majority of stocks fell with the S & P 500 gaining 1%, there were 175 NYSE new 52-week highs compared to 54 new lows. Here are the equal-weighted industrial and consumer-discretionary sectors compared to the equal-weight S & P 5600 since just after the bear-market low in October 2022.

Persons: Stocks, Craig Johnson, Piper Sandler, it's, Steve Deppe, Jobs, Jerome Powell, Friday's, Henry McVey, KKR's, Keith Lerner Organizations: Treasury, Wealth Management, Meta, Microsoft, Truist, Equity Locations: Meta, handicapping

☆ Johnson: The number of individual stocks making new highs has been deteriorating
▼ + stars: | 2024-01-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJohnson: The number of individual stocks making new highs has been deterioratingPiper Sandler chief market technician Craig Johnson discusses why he believes the broader markets are not on firm footing.

Persons: Johnson, Piper, Craig Johnson Organizations: Piper Sandler

☆ Bitcoin has a lot of opportunities, ETFs will be a tailwind, says Piper Sandler's Craig Johnson
▼ + stars: | 2024-01-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin has a lot of opportunities, ETFs will be a tailwind, says Piper Sandler's Craig JohnsonCraig Johnson, Piper Sandler, joins 'Power Lunch' to discuss technical support for stocks JPMorgan CEO Jamie Dimon spoke about to CNBC.

Persons: Piper Sandler's Craig Johnson Craig Johnson, Piper Sandler, Jamie Dimon Organizations: CNBC

☆ Is the Holiday Shopping Season Going to Be a Success? The Answer Is Murky.
▼ + stars: | 2023-12-01 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +2 min

kept its forecast that holiday sales — from Nov. 1 to Dec. 31 — would grow 3 to 4 percent this year. Mastercard, for example, said sales both in stores and online rose 2.5 percent on Nov. 24, from a year earlier. Like Mastercard’s estimate, the retail consultancy forecast that — adjusted for inflation — sales slipped slightly, Mr. Johnson said. If stores have too much inventory on hand, they may have to cut prices more than expected, which would erode their profits. “Really for the first time in four quarters, we are seeing retailers get inventories better aligned with sales,” Mr. Yruma said.

Persons: ” Matthew Shay, ”, Craig Johnson, Johnson, Edward Yruma, Piper Sandler, Mr, Yruma, “ Organizations: National Retail Federation, Mastercard, Growth Partners, Target

☆ There are better stocks to buy than GM now, says Piper Sandler's Craig Johnson
▼ + stars: | 2023-11-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are better stocks to buy than GM now, says Piper Sandler's Craig JohnsonCraig Johnson, chief market technician at Piper Sandler, joins 'Power Lunch' to discuss the technical support for three stocks making news headlines.

Persons: Piper Sandler's Craig Johnson Craig Johnson, Piper Sandler Organizations: GM

☆ This market can get to 4,825 by year-end, maintains Piper Sandler's Craig Johnson
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis market can get to 4,825 by year-end, maintains Piper Sandler's Craig JohnsonHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Piper Sandler's Craig Johnson, Brian Sullivan, “ Organizations: CNBC

NEW YORK (AP) — The National Retail Federation, the nation’s largest retail trade group, expects holiday sales growth will slow to a range of 3% to 4%, compared with 5.4% growth of a year ago. For the holiday 2021 season, sales for the two-month period surged 12.7%. Analysts say that shoppers could become rattled if the Israel-Hamas war is not contained, particularly heading into the critical holiday season. Political Cartoons View All 1230 ImagesThe forecast from the retail trade group considers a variety of indicators including employment, wages, consumer confidence, disposable income, consumer credit, previous retail sales and weather. The consulting firm Deloitte expects holiday sales to jump between 3.5% and 4.6%.

Persons: It's, Craig Johnson, They’re, Kohl’s, It’s, ”, Christie Raymond, “ We’re, they’ve, they’re Organizations: National Retail Federation, Analysts, Federal, Federal Reserve, Fed, Mastercard SpendingPulse, Deloitte, Growth Partners, clogs Locations: Israel

☆ Technical indicators suggest the 10-year bond yield is headed lower, says Piper Sandler's Johnson
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTechnical indicators suggest the 10-year bond yield is headed lower, says Piper Sandler's JohnsonCraig Johnson, Chief Market Technician at Piper Sandler, dives into the key technical signals for the markets.

Persons: Piper Sandler's Johnson Craig Johnson, Piper Sandler

☆ This market is already oversold, says Piper Sandler's Craig Johnson
▼ + stars: | 2023-10-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis market is already oversold, says Piper Sandler's Craig JohnsonHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Piper Sandler's Craig Johnson, Brian Sullivan, “ Organizations: CNBC

☆ S&P 500 to mount 'relief rally' to new record before year-end, says Piper Sandler chart analyst
▼ + stars: | 2023-10-19 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Piper Sandler is bullish on the strength of the S & P 500 , calling for the broad-market index to end the year at 4,825 — a nearly 12% rally from Wednesday's close — even as high Treasury yields have dented stocks. Markets are facing a broad array of hurdles, including ongoing economic headwinds, inflation worries and increased turmoil as tensions build in the Middle East. Underlying signs of improvement Johnson noted increased strength from earnings this week and a better-than-expected retail sales report . In particular, stocks of financial companies and names in the consumer discretionary space have perked up, he said. The recent runup in Treasury yields has slowed the advance of equities, Johnson noted.

Persons: Piper Sandler, Craig Johnson, Johnson, Goldman Sachs, Russell, advancers, decliners, — CNBC's Michael Bloom Organizations: Treasury, Bank of America, New York Stock Exchange, Nasdaq Locations: Wednesday's

☆ The S&P 500 can get to 4,825 by year-end, says Piper Sandler's Craig Johnson
▼ + stars: | 2023-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe S&P 500 can get to 4,825 by year-end, says Piper Sandler's Craig JohnsonCraig Johnson, Chief Market Technician at Piper Sandler, discusses what the technicals are telling him about a potential year-end rally.

Persons: Piper Sandler's Craig Johnson Craig Johnson, Piper Sandler

☆ This 'stealthy' AI play is setting up for upside, says chart analyst
▼ + stars: | 2023-09-06 | by ( Pia Singh | ) www.cnbc.com time to read: +1 min

The stock is a "stealthy way to think about AI," Johnson said. The company also said it plans to double its AI talent to 80,000 employees through hiring, acquisitions and training. Johnson also mentioned oilfield services company Baker Hughes and engineering and construction firm Fluor as stocks with potential upside. While the chart analyst said he is not convinced that the energy sector overall isn't "really ready to work," he sees Baker Hughes getting back to its March 2022 highs. BKR 1Y mountain Baker Hughes stock.

Persons: Piper Sandler, Craig Johnson, hasn't, Johnson, Baker Hughes Organizations: Accenture, Accenture —, Baker, & ' $ Locations: Wednesday's, . Texas, U.S

☆ Consolidation in energy is limiting upside potential, says Piper Sandler's Craig Johnson
▼ + stars: | 2023-09-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsolidation in energy is limiting upside potential, says Piper Sandler's Craig JohnsonCraig Johnson, Piper Sandler's chief market technician, joins 'Power Lunch' to discuss the technicals case for Accenture's AI upside, consolidation patterns in energy stocks and Fluor seeing a normal correction to the uptrend due to US onshoring efforts.

Persons: Piper Sandler's Craig Johnson Craig Johnson, Piper

Search resuls for: "Craig Johnson"

25 mentions found