DIRS.INFO The most relevant business & tech news

☆ Earnings reports have sparked big swings for tech stocks. Here's what chart experts are watching
▼ + stars: | 2024-04-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

A whirlwind earnings week saw traders jumping in and out of some of the biggest stocks in the market. For example, shares of Meta Platforms fell 10.6% on Thursday after earnings beat expectations, but revenue guidance was weak . On a chart, those big post-earnings moves can leave "gaps" that may become a key area to watch going forward. What's next for Meta Meta looks like a potential example of the gap being filled after its sharp drop on Thursday. A macro view The big moves by tech giants this past week could make index-level trades a bit tricky.

Persons: John Butters, Katie Stockton, Stockton, What's, …, Frank Gretz, Wellington Shields, Gretz, Larry Benedict, Benedict Organizations: Meta, CNBC, Nvidia, Wellington, Intel, Microsoft Locations: FactSet

☆ The analysts who study price charts for a living don’t like this stock market
▼ + stars: | 2023-10-17 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

The stock market is showing signs of shaking off its late summer slump, paving the way for a potential year-end rally. The S & P 500 is up more than 3% since Oct. 3 and has risen comfortably above its 200-day moving average near 4,200. And other indexes that try to better represent the entire market than the S & P 500 are showing weakness, according to a Monday note from Strategas strategist Chris Verrone. "These have been very messy charts, but both the equal-weight S & P and the Russell 2000 are again back to negative standing in our proprietary trend model," Verrone said. "The S & P 500 continues to track its seasonal tendency as well.

Persons: JC O'Hara, Roth MKM, Jonathan Krinsky, Chris Verrone, Russell, Verrone, Verrone's, Jason Trennert, Frank Gretz, Wellington Shields, Gretz, Oppenheimer, Ari Wald, " Wald, — CNBC's Michael Bloom Organizations: Wall, Nasdaq, Wellington, CNBC Locations: U.S, uptrends

☆ What soft landing? Stocks are acting like there's a rough road ahead
▼ + stars: | 2023-09-25 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

For the most part, the market has paid little attention, but this time the message seems to have hit home. Banks stocks have been weak, and even former leaders in industrials like Parker Hannifin have been down. Fewer than 50% of NYSE stocks are above their 200-day moving average. Energy stocks are up, but even they have been selling off in the last week, despite the rise of oil. "Rising interest rates have made commodities-related areas, from industrial metals to energy, interesting for the time being," Timmer noted.

Persons: Jerome Powell, Powell, Russell, Parker, Frank Gretz, Timmer, Lowry Organizations: UAW, Retail, Airlines, JETS, Transports, Banks, Nvidia, Marvell, AMD, Wellington, Commodities, Energy Locations: Banks, industrials, Taiwan, Wellington Shields, mused

☆ These factors will be big market drivers in the final five months of the year
▼ + stars: | 2023-07-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Consider: The S & P 500 hasn't seen a 1% down day in two months . The S & P 500 is going to close higher for five consecutive months. The S & P 500 advance/decline line, which measures the daily activity of how many stocks are advancing versus declining, has been rising steadily for the past two months. The triumph (so far) of the soft landing has enabled earnings estimates to stabilize. The soft landing data must continue .

Persons: It's, What's, Frank Gretz, Wellington Shields, Gretz, Alec Young, Young, Jerome Powell's, Timmer, Matt Maley, Miller Tabak Organizations: PCE, Bulls, Tactical Alpha, Fed, Fidelity Investments Locations: Wellington

☆ Investors are buying this ETF as a bet that the stock market rally will broaden out
▼ + stars: | 2023-06-23 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The fund puts an equal amount of money into each stock in the S & P 500 and is rebalanced quarterly, diluting the effect of the biggest companies. Through Thursday, the RSP was up about 4.6% in June compared with 4.5% for the SPDR S & P 500 ETF Trust (SPY) . "Despite what many consider the market's limited participation, the A/D index for the S & P has reached an all-time high [recently]. Here is the full list of top five ETFs by fund flows over the past week, according to FactSet. Similarly, the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) brought in more than $400 million over the past week.

Persons: it's, Wellington, Frank Gretz Organizations: Nvidia, Microsoft, RSP, Trust, Wellington Shields, Corporate

☆ Big tech is still the hope in a sideways stock market
▼ + stars: | 2023-05-15 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

With the S & P 500 down 1% this month, and essentially flat for the quarter, the best you can say is that the overall trend has moved from down in 2022 to mostly sideways in 2023. Lowry, the nation's oldest technical analysis service, has taken to calling the rally in tech "the mega-cap mirage." Lowry noted over the weekend that "core indicators of market health have demonstrated significant deterioration from the early February market high through recent days." Even as the S & P 500 was near a new rally high for the year recently, the S & P Midcap 400 and S & P Smallcap 600 were 12% and 17% below their February 2nd highs last week. Only 46% of S & P 500 stocks are above their 200-day moving averages, hardly a sign of broad market strength.

☆ The S&P 500 is holding up, but the leadership is getting smaller
▼ + stars: | 2023-05-08 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Simply put: the big indexes are doing OK, but the average stock is not. Big-cap tech is back but not a lot else If you just owned the top seven stocks in the S & P 500 , you'd think this was a rip-roaring quarter for passive investors in the S & P 500. Market cap vs. equal weight S & P 500 in Q2 S & P 500 up 0.6% Equal-weight S & P 500 down 1.1% There is a particularly large divergence in technology this quarter: Market cap vs. equal weight Technology S & P 500 in Q2 S & P 500 Technology: up 0.2% Equal-weight: down 6.1% What this tells us is that the average stock, and particularly the average technology stock, is underperforming the market. In the S & P 500, this peaked at a little over 70% in early February. The simple way to interpret this is that less than half of the stocks in the S & P 500 are in an uptrend.

☆ The rally in big stock indexes hasn't spread to the broader market yet
▼ + stars: | 2023-04-17 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

While Friday's close was disappointing, the S & P 500 is an uptrend and is now at its highest level since mid-February. Indeed, the S & P is only 1% from its high for the year, which it hit Feb. 2 at 4,179. The S & P 500 spent much of 2022 below that important indicator, but at 4,137 is now 4.7% above that 200-day moving average. In early January, 74% of the S & P 500 stocks were above their 200-day moving average. Unfortunately, mid- and small-cap stocks are faring even worse, notably underperforming the S & P 500 since the banking crisis.

☆ The S&P 500 needs a broader base of support if its upswing is going to last
▼ + stars: | 2023-04-03 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

The S & P 500, thanks to the outperformance of a small group of technology stocks, enters the second quarter on an upswing. The message is clear: for the moment, the majority of the market returns are being generated by large-cap tech stocks. Back in early February, 75% of the S & P 500 stocks were above their 200-day moving average. Bulls, of course, are hopeful that the banking crisis will be the ultimate blessing in disguise, forcing the Fed to finally slow its rate-hiking campaign, now that it has finally broke something and created a regional banking crisis. "A bullish breakaway hasn't materialized, and the S & P 500 is back in its base," Ari Wald, senior analyst at Oppenheimer, noted over the weekend.

☆ Nasdaq 100 futures slip ahead of first trading day of the second quarter: Live updates
▼ + stars: | 2023-04-02 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

Nasdaq 100 futures retreated on Sunday evening as Wall Street turned its attention to the start of the second quarter. Nasdaq 100 futures shed 0.31%, while S&P 500 futures slid 0.08%. The moves in futures come ahead of the first trading day of the second quarter on Monday. It was the index's best stretch since the second quarter of 2020. Meanwhile, the S&P 500 rose 7% in the first three months of the year for its second-straight positive quarter.

☆ UBS rescue of Credit Suisse doesn't resolve the U.S. banking crisis
▼ + stars: | 2023-03-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The Swiss government gets an "A" for its speed in addressing the Credit Suisse problem, but it doesn't resolve the U.S. banking crisis. The banking crisis has tightened financial conditions because it has dramatically interrupted the flow of capital. Banks, particularly regional banks, will likely be doing much less lending for the rest of the year. The bad news: this banking crisis has once again revealed an age-old problem with capitalism: much of it is based on faith. "It should be clear that the most expedient and effective solution to this crisis is an expansion and modernization of the FDIC deposit insurance regime."

☆ This isn't a bull market yet, but it's starting to look like one
▼ + stars: | 2023-01-17 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

That is not a bull market yet, but it's getting there. What would it take for a real bull market to show itself? "You don't get a secular bull market in stocks until the wind is at your back," he said Friday on " Power Lunch ." "In market downtrends like this one, prices typically bottom some 10 months ahead of a bottom in earnings," Gretz explains. "In other words, wait for the trough in earnings, and you're some 10 months late to a new bull market.

Search resuls for: "Frank Gretz"

12 mentions found