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☆ Detrick: Upward market bias is still intact
▼ + stars: | 2024-05-28 | 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 EmailDetrick: Upward market bias is still intactRyan Detrick, Chief Market Strateigst at the Carson Group, discusses the new trading day and week.

Persons: Ryan Detrick Organizations: Carson Group

☆ Carson Group's Ryan Detricks says stocks could have a 'surprise summer rally'
▼ + stars: | 2024-05-24 | 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 EmailCarson Group's Ryan Detricks says stocks could have a 'surprise summer rally'Ryan Detrick, Carson Group chief market strategist, joins 'Closing Bell' to give his outlook for stocks in the summer.

Persons: Carson Group's Ryan Detricks, Ryan Detrick Organizations: Carson Group

☆ Russia's fearsome S-400 air-defense system isn't quite living up to the hype in Ukraine
▼ + stars: | 2024-05-21 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +13 min

Russian S-400 surface-to-missile systems in the Victory Day parade in Moscow's Red Square on i in May 2023. Ukraine in September said it destroyed two Russian S-400 batteries in Crimea, a region annexed by Russia in 2014. Rajan Menon, the director of the Grand Strategy program at the US think tank Defense Priorities, described the S-400 as Russia's "top-of-the-line air defense system." A rocket launches from a S-400 missile system at the Ashuluk military base in Southern Russia in September 2020. A Patriot air defense system test-fired during a training in Chania, Greece, on November 8, 2017.

Persons: —, Fredrik Mertens, John Hoehn, it's, Hoehn, AP Mertens, Mertens, Ian Williams, Mattias Eken, Rajan Menon, Vitaly Nevar, Mick Ryan, you've, DIMITAR DILKOFF, Ryan, haven't, hasn't, KIRILL KUDRYAVTSEV, might've, Eken, Anthony Sweeney, Army Menon Organizations: Service, Business, Hague, Strategic Studies, NATO, SA, International Institute for Strategic Studies, US Patriot, Reuters, RAND Corporation, Ukrainian Air Force, Forbes, Directorate of Intelligence, Ministry of Defence, South Korea Defense Ministry, AP, Patriots, Storm, Missile Defense, Center for Strategic, International Studies, Defense, REUTERS, Australian Army, Getty, Victory Day, Patriot, Army Locations: Russian, Ukraine, Ukrainian, Russia, Moscow, Crimea, Screengrab, Soviet, US, Russia's, Ukraine's Luhansk, South Korea, Kaliningrad, Southern Russia, AFP, Chania, Greece, United States, West, NATO

☆ Dow closes above 40,000 for first time ever
▼ + stars: | 2024-05-17 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +5 min

New York CNN —The Dow Jones Industrial Average closed above the 40,000 mark Friday for the first time in its 139-year history. To many Americans, “the Dow” simply means the stock market. Dow 100: The Dow first closed in triple digits in January 1906. Crash of 1929: The Dow fell 38 points on Oct. 28 and 31 more points the next day. Dow 30,000: Nov. 24, 2020: Covid sent the stock market plunging in the spring of 2020.

Persons: ”, Ryan Detrick, “, Hogan, Dow, Teddy Roosevelt, Richard Nixon, Trump, Covid Organizations: New, New York CNN, Dow Jones, Federal Reserve, Bureau of Labor Statistics, Carson Group, Dow, Nasdaq, Riley Financial, CNN, Wall, Microsoft, Chevron, Federal, Woolworth, Eastman Kodak Locations: New York, Chevron —

☆ Here's what has driven the Dow rally to 40,000, and why it could keep going
▼ + stars: | 2024-05-17 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange on May 16, 2024. Passing major milestones like the 40,000 barrier the Dow Jones Industrial Average eclipsed this week makes for a nice headline, but market experts don't take much else from the move. Forty thousand "is a great milestone, but [at the] end of the day there isn't much difference between 39,999 and 40k," said Ryan Detrick, chief market market strategist at Carson Group. But the "Waiting for Godot" economic retrenchment never happened, despite wobbly corporate profits and other headwinds. Those factors outweighed queasiness over where the Federal Reserve was headed with monetary policy amid inflation that has proved surprisingly sticky.

Persons: Ryan Detrick Organizations: New York Stock Exchange, Dow Jones, Carson Group, Wall Street, Federal

☆ Meme stocks are having a moment, but the broader market is rallying as well
▼ + stars: | 2024-05-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Meme stocks are having a moment, but the broader market is rallying as well. While GameStop's 74% rally got a lot of attention Monday ( "meme stocks are back!" ), the evidence indicates that a broad rally is dragging up a lot of stuff that hasn't been performing well this year. The S & P 600 Small Cap advance/decline is also near the highest levels since December, while the S & P Mid Cap 400 advance/decline line is at a new high. So when you hear the tired old refrain, "meme stocks are back," take a look at the rest of the market.

Persons: hasn't, Marko Kolanovic, Morgan, BoE, Ryan Detrick Organizations: Fed, ECB, Intel, Nike, Comcast, ChargePoint Holdings, CRISPR Therapeutics, Unity Software, Carson Group, CNBC

☆ The S&P 500 just flashed a bullish signal that suggests the stock market will hit record highs this summer
▼ + stars: | 2024-05-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

The stock market just flashed a bullish signal that suggests more upside ahead, according to Bank of America. The S&P 500 and NYSE advance-decline lines hit new all-time highs on Friday. The bullish breadth signal supports the bull case for a 6% gain in the S&P 500 this summer. AdvertisementThe stock market in recent days has flashed a bullish signal that suggests the S&P 500 will hit record highs this summer, according to Bank of America. According to Suttmeier, the bullish advance-decline line, combined with a bullish continuation pattern formed in the S&P 500 this month, means that the index is likely to hit record highs this summer.

Persons: —, Stephen Suttmeier, Ryan Detrick, Detrick, Suttmeier Organizations: Bank of America, NYSE, Service, Carson Group

☆ Watch CNBC's full interview with Ryan Detrick and Eric Johnston
▼ + stars: | 2024-05-13 | 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 EmailWatch CNBC's full interview with Ryan Detrick and Eric JohnstonRyan Detrick, Carson Group chief market strategist and Eric Johnston, Cantor Fitzgerald head of equity derivatives and cross asset, joins 'Closing Bell Overtime' for a bull vs. bear debate on the state of the market.

Persons: Ryan Detrick, Eric Johnston Ryan Detrick, Eric Johnston, Cantor Fitzgerald Organizations: Carson Group

☆ When my son turned 20, we took a hike to reflect on our relationship. I learned the power of growing alongside your children.
▼ + stars: | 2024-05-13 | by ( Julie Neale | ) www.businessinsider.com time to read: +4 min

Read previewSeven years ago, my son, Ryan, turned 13 years old. After the balloons and a breakfast cupcake, we packed a picnic lunch and set out for a beautiful hike. Within 20 minutes, we reached the base of Sugarloaf Peak and began the ascent to a 360-degree view of the San Francisco Bay. With each year that he grows older, it feels as though I'm traversing new terrain, too, learning and evolving alongside him. Our stories are a testament to the transformative power of growth, resilience, and mutual support possible between a parent and their child.

Persons: —, Ryan, I've Organizations: Service, Business, UCLA Locations: San Francisco Bay, YOLO

☆ April's market pullback was 'enough', we're back to a bull market: Carson Group's Ryan Detrick
▼ + stars: | 2024-05-13 | 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 EmailApril's market pullback was 'enough', we're back to a bull market: Carson Group's Ryan DetrickRyan Detrick, Carson Group chief market strategist and Eric Johnston, Cantor Fitzgerald head of equity derivatives and cross asset, joins 'Closing Bell Overtime' for a bull vs. bear debate on the state of the market.

Persons: Carson Group's Ryan Detrick Ryan Detrick, Eric Johnston, Cantor Fitzgerald Organizations: Carson Group

☆ 'Hard for us not to be bullish' on stocks, says Carson Group's Ryan Detrick
▼ + stars: | 2024-05-06 | 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 Email'Hard for us not to be bullish' on stocks, says Carson Group's Ryan DetrickRyan Detrick, Carson Group chief market strategist, joins CNBC's 'Closing Bell' to discuss market momentum, a summer rally, outlook on stock outperformance in 2024, and more.

Persons: Carson Group's Ryan Detrick Ryan Detrick Organizations: Carson Group

☆ Wall Street needs a new rhyme for 'sell in May and go away'
▼ + stars: | 2024-05-01 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Wall Street needs a new rhyme for "sell in May and go away." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Sell in May and go away" is an old Wall Street adage that highlights the fact that the stock market's worst six-month stretch of performance is historically May through October. LPL Financial's chief technical strategist Adam Turnquist highlighted that since 1950, average returns for the S&P 500 during this six-month period are actually positive, not negative, at +1.7%.

Persons: Carson Group's Ryan Detrick, —, they're, LPL, Adam Turnquist, Turnquist, Ryan Detrick, Fundstrat's Tom Lee, Lee, Detrick Organizations: Service, Carson Group

☆ Stocks could have further to fall in May after this month’s market woes
▼ + stars: | 2024-04-30 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The S & P 500 is down by more than 3% this month, though it has still registered a more than 6% advance for the year. But many investors worry stocks have further to go before finding a durable bottom. They say stocks look overvalued even after the recent pullback, and they cite troubling headwinds for equities. 'Sell in May and go away' May has a reputation as a historically weak month for stocks. Carson Group's Ryan Detrick noted that stocks have actually been higher in May during the last nine out of 10 years.

Persons: Mark Luschini, Janney Montgomery Scott, Jeff Hirsch, he's, It's, Hirsch, Carson Group's Ryan Detrick, we've Organizations: Investors, Dow Jones Industrial, Dow, Treasury Bond ETF

☆ How to position for growth in earnings, inflation, and the economy
▼ + stars: | 2024-04-26 | 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 EmailHow to position for growth in earnings, inflation, and the economySophie Lund-Yates, Senior Equity Analyst at Hargreaves Lansdown, and Ryan Detrick, Chief Market Strategist at the Carson Group, discuss mega-cap tech earnings, today's PCE report, and the direction of the markets.

Persons: Sophie Lund, Yates, Hargreaves Lansdown, Ryan Detrick Organizations: Carson Group, PCE

☆ Small and mid caps will be the rotation out of tech, says Carson's Ryan Detrick
▼ + stars: | 2024-04-19 | 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 EmailSmall and mid caps will be the rotation out of tech, says Carson's Ryan DetrickRyan Detrick, Carson Group chief market strategist, joins 'Closing Bell' to discuss the markets and which sectors he sees being the next opportunity outside of tech.

Persons: Carson's Ryan Detrick Ryan Detrick Organizations: Carson Group

☆ Stock futures rise as Wall Street readies for the start of the second quarter: Live updates
▼ + stars: | 2024-03-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures rose slightly on Sunday evening as Wall Street prepared for the start of the second quarter. Futures tied to the Dow Jones Industrial Average added 110 points, or 0.3%, while S&P 500 futures and Nasdaq-100 futures gained 0.3% and 0.5%, respectively. The personal consumption expenditures price index, released Friday during the market closure for Good Friday, showed inflation rose 2.8% in February, which is in line with expectations. The inflation gauge closely watched by the Federal Reserve also rose 0.3% from a month ago, the Commerce Department said. Ongoing bets on artificial intelligence stocks and tailwinds from Nvidia have continued powering the market higher in the new year after a strong 2023.

Persons: Giuseppe Sette, Ryan Detrick Organizations: Dow Jones, Nasdaq, Federal, Commerce Department, Fed, Dow, Nvidia, Federal Reserve, Carson Group

☆ 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

☆ Three rate cuts still plausible due to strong productivity, says Carson Group's Ryan Detrick
▼ + 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 EmailThree rate cuts still plausible due to strong productivity, says Carson Group's Ryan DetrickRyan Detrick, Carson Group chief market strategist, joins 'Squawk Box' to discuss the latest market trends, why he believes the bull market is 'alive and well' and could keep charging higher, strength of the U.S. economy, the Fed's interest rate outlook, and more.

Persons: Carson Group's Ryan Detrick Ryan Detrick Organizations: Carson Group Locations: U.S

☆ A couple less rate cuts in a strong economy isn't a bad thing, says Carson Group's Ryan Detrick
▼ + stars: | 2024-03-15 | 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 EmailA couple less rate cuts in a strong economy isn't a bad thing, says Carson Group's Ryan DetrickHosted 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: Carson Group's Ryan Detrick, Brian Sullivan, “ Organizations: CNBC

☆ Meet Sen. Katie Britt: The 42-year-old Alabama Republican who gave the GOP response to Biden's State of the Union
▼ + stars: | 2024-03-08 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

Sen. Katie Britt delivered the GOP's official response to the 2023 State of the Union. AdvertisementAlabama Sen. Katie Britt, the youngest Republican woman to ever be elected to the US Senate, gave the GOP's official response to President Joe Biden's State of the Union on Thursday night. While delivering the State of the Union response is considered a thankless task, then-Gov. Nikki Haley, Sen. Marco Rubio, and Sen. Rand Paul all delivered their respective responses before later running for the Republican presidential nomination. Then-Rep. Paul Ryan delivered the GOP's 2011 response and less than two years later was tapped to be then-former Massachusetts Gov.

Persons: Sen, Katie Britt, Britt, Joe Biden, —, Alabama Sen, Joe Biden's, Nikki Haley, Marco Rubio, Rand Paul, Paul Ryan, Mitt Romney's, Sarah Huckabee Sanders, Rubio, Joseph Kennedy III Organizations: Union, Service, Alabama, Republican, Massachusetts Gov, Arkansas Gov, White House, Trump Locations: Joe Biden's State, Massachusetts

☆ Want an A-lister like Rihanna to perform at your wedding? Here's how much it could cost you.
▼ + stars: | 2024-03-05 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"If you can afford it, why wouldn't you fly in your favorite artist to perform your favorite songs rather than simply listening to covers?" He had Beyoncé perform at a celebration for his daughter's 2018 wedding, and the next year had The Chainsmokers and Chris Martin at his elder son's wedding festivities. "Generally speaking, you will never beat the thrill of having a major artist perform at your wedding. That means stars may be more amenable to playing at a wedding or corporate party than previously.

Persons: Rihanna, Anant Ambani, Radhika Merchant, —, Bill Gates, Mark Zuckerberg, Ivanka Trump, India's, Mukesh Ambani, hasn't, Stuart McNeill, Craig David, Elton John, Nile Rodgers, Lady Gaga, Flo Rida, Sting, Andrea Bocelli, Kardashian, Chris Martin, it's, Ambani, Beyoncé, Alison Laesser, Alison Bryan, Keck, Usher, you'd, McNeill Organizations: Service, Business, Knightsbridge, Davos, Keck, Spotify, Apple, Forbes Locations: Gujarat, India, Baden, Chicago, New York, Dubai

☆ Sea drones are being used to smash Russia's navy, and now they're being used to attack a US aircraft carrier too
▼ + stars: | 2024-02-15 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Multiple sea drones have been launched at the USS Dwight D. Eisenhower in the last weeks. The use of cheap sea drones has been pioneered, to considerable success, by Ukraine. The aircraft carrier USS Dwight D. Eisenhower (CVN 69) transits the Atlantic Ocean during Carrier Air Wing (CVW) 7's fly-off. AdvertisementUS forces have encountered Houthi sea drones amid commercial shipping on at least three occasions, specialist outlet the Maritime Executive reported. The emergent technology of sea drones has been largely pioneered — with considerable success — by Ukraine against Russia's Black Sea Fleet.

Persons: Dwight D, Eisenhower, —, Houthis, Marc Miguez, Ryan, Basil Germond, Miguez, Jake Epstein Organizations: Service, Associated Press, US, intel, Carrier Air Wing, US Navy, Maritime Executive, Russia's, Defense Intelligence, Lancaster University, AP, Saudi, Carrier Strike Group Locations: Ukraine, Red, Russian

MARYVILLE, Tenn. (AP) — Law enforcement in eastern Tennessee continued their search Saturday for a man who is accused of fatally shooting one sheriff's deputy and injuring another during a traffic stop. More than $80,000 in reward money has been pledged for information leading to the arrest of 42-year-old Kenneth DeHart, Blount County Sheriff James Lee Berrong said. Deputy Greg McCowan, 43, was killed in the shooting, while Deputy Shelby Eggers, 22, was treated at a hospital and released, the sheriff's office said Friday. A procession of law enforcement vehicles joined a hearse containing McCowan's body that traveled on Friday through Maryville, which is about 17 miles (27 kilometers) south of Knoxville. McCowan began his career as a deputy in 2020 after graduating from a regional law enforcement training class, Berrong said Friday.

Persons: Kenneth DeHart, Blount County Sheriff James Lee Berrong, Greg McCowan, Shelby Eggers, “ We're, ” Berrong, Ryan Desmond, DeHart, McCowan, Desmond, Berrong Organizations: —, Blount County Sheriff, The Tennessee Bureau of Investigation Locations: MARYVILLE, Tenn, Tennessee, Blount County, Maryville, Knoxville, Sevier County

Chip Kelly has informed UCLA officials that he is stepping down as coach of the Bruins, a person with direct knowledge of the decision told The Associated Press on Friday. Multiple media outlets reported that Kelly was heading to Ohio State to become offensive coordinator. Ohio State coach Ryan Day hired former Texans coach Bill O'Brien as offensive coordinator last month, but O'Brien is now heading to Boston College to become the Eagles head coach. ___Photos You Should See View All 21 ImagesGet alerts on the latest AP Top 25 poll throughout the season. Sign up here AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

Persons: Chip Kelly, Kelly, Ryan Day, Bill O'Brien, O'Brien Organizations: UCLA, Bruins, Associated Press, Ohio State, Ohio, Texans, Boston College, Eagles, Big Locations: Ohio

Japan's benchmark Nikkei 225 rose nearly 0.1% to 36,897.42, slipping back from earlier gains that took it briefly to a 34-year high. In prior months, such a report may have hurt the stock market because of concerns that it would mean a longer wait for cuts to interest rates from the Federal Reserve. The latest set of earnings reports from big U.S. companies also kept the stock market mixed overall. It gave a forecast for expected profit across 2024 that fell short of analysts’. In other trading, benchmark U.S. crude lost 6 cents to $76.16 a barrel in electronic trading on the New York Mercantile Exchange.

Persons: Shinichi Uchida, Australia's, ”, Ryan Detrick, Ralph Lauren Organizations: TOKYO, Nikkei, Investors, Bank of Japan, SoftBank Group Corp, Nissan, Dow Jones, Nasdaq, Carson Group, Federal Reserve, Walt Disney Co, Arm Holdings, PayPal, Global, New York Community Bancorp, Traders, New York Mercantile Exchange, Brent, U.S . Locations: U.S, Asia, U.K

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