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☆ '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

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

☆ Stock futures inch lower in overnight trading after S&P 500 touches historic 5,000 mark: Live updates
▼ + stars: | 2024-02-08 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Stock futures edged lower Thursday evening after the S&P 500 crossed the historic 5,000 milestone for the first time during intraday trading. S&P 500 futures and Nasdaq 100 futures were both about 0.1% lower. The large-cap benchmark reached a high of 5,000.40 during Thursday's regular trading before closing less than 3 points below the key 5,000 threshold. The S&P 500 first crossed 4,000 on April 1, 2021, so it took almost three years to add the last 1,000 points. A solid earnings season, easing inflation data and a resilient economy have powered the market rally into 2024, with the S&P 500 up 4.8% on the year.

Persons: Ryan Detrick, we've Organizations: New York Stock, Federal, Futures, Dow Jones, Nasdaq, Carson Group Locations: New York

☆ There are still a lot of economic indicators that say 'no recession': Carson Group's Ryan Detrick
▼ + stars: | 2024-01-26 | 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 EmailThere are still a lot of economic indicators that say 'no recession': 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

☆ Market broadening is still a trend to watch, says Carson Group's Ryan Detrick
▼ + stars: | 2024-01-22 | 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 EmailMarket broadening is still a trend to watch, says Carson Group's Ryan DetrickRyan Detrick, Chief Market Strategist at the Carson Group, discusses what history suggests could happen to the markets this year.

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

☆ Santa Claus rally period starts on Friday with an average gain of about 1% the next 7 trading days
▼ + stars: | 2023-12-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

Friday is the official start of the Santa Claus rally. What the Santa Claus Rally is, and isn't Over the years, Jeff Hirsch of the Stock Trader's Almanac has repeatedly told me the key to understanding the Santa Claus rally is that it is not a trading strategy, it is an indicator. Fortunately, a negative Santa Claus rally period doesn't happen very often, only 12 times since 1969 (less than 25% of the time). In the years when the Santa Claus period is negative, the S & P is up an average of only 5.0%, versus an average gain of 9.1% in all years. You can see this very clearly in this chart: The common explanation is that: 1) markets are stronger with a sitting president because a sitting President can pull levers to help the economy, and 2) markets tend to be weaker with no sitting president because of increased uncertainty around economic outcomes.

Persons: Santa Claus, Yale Hirsch, Ryan Detrick, I've, Jeff Hirsch, Hirsch Organizations: Carson Group, Santa Locations: Santa

☆ McDonald's is in the midst of some big changes that show the changing tides in the world of fast food
▼ + stars: | 2023-12-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at some of the recent big changes at McDonald's, including the launch of a new restaurant concept. AdvertisementCold foam and oat milk are big business, as drink modifiers add up to roughly $1 billion in revenue for Starbucks. McDonald's app has grown over the years, with over 57 million active members, but it still leaves much to be desired. To be sure, 10 CosMc's is not even a drop in the bucket of McDonald's 40,000-plus restaurant empire.

Persons: —, I'm, Joe Ciolli, Iman Jalali, Nancy Luna, It's, McDonald's, Nancy, CosMc's, Jamie Dimon, Jerome Powell, Jose Luis Magana, Ryan Detrick, Niklas Halle'n, Rebecca Zisser, Jeff Bezos, OpenAI's Ilya Sutskever doesn't, Sam Altman's, hasn't, Elon Musk's, Ben Bergman, Adam Neumann's, Insider's Ben Bergman, Z, Donald Trump, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Starbucks, Nancy, McDonalds, McDonald's, Reserve, Banking, Housing, Urban Affairs, Capitol, Carson Group, Getty Images, San, Sutskever, Visual China, Getty, Fort, Trump Organization, Trump Organization . Golden Globe Locations: Chicago, , Illinois, Texas, Washington, AFP, San Francisco, Fort Lauderdale, New York City, San Diego, London, New York

☆ There's no recession coming and the Fed is likely done, says Carson Group's Ryan Detrick
▼ + stars: | 2023-12-01 | 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's no recession coming and the Fed is likely done, 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

☆ Amid the gloom here and abroad, the U.S. stock market is holding up just fine
▼ + stars: | 2023-11-27 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

I dislike getting involved in debates on the stock market when I am enjoying an old-fashion rum punch at a beach bar in the Caribbean, but I couldn't resist interjecting. "We'll see how the coming slowdown plays out," he said, and turned back to his discussion. The coming slowdown? More may be coming: the last week of November tends to be the strongest week of the month, Ryan Detrick, chief market strategist at Carson Group, has noted. As for earnings, which are the lifeblood for the stock market, forward earnings estimates for the next 12 months stand at record highs.

Persons: I's, Ryan Detrick, Detrick, Fundstrat's Thomas Lee, Oppenheimer's Ari Wald, Webush's Dan Ives, BMO's Brian Belski, Bespoke's Paul Hickey Organizations: EU, Hamas, Forbes, Bloomberg, Carson Group, LSE Locations: Caribbean, Antigua, British Commonwealth, London, England, American, China, Russia, Ukraine, Israel, U.S

☆ Watch CNBC’s full interview with Dan Greenhaus, Victoria Fernandez and Ryan Detrick
▼ + stars: | 2023-11-24 | 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 EmailWatch CNBC’s full interview with Dan Greenhaus, Victoria Fernandez and Ryan DetrickSolus' Dan Greenhaus, Crossmark's Victoria Fernandez and Carson Group's Ryan Detrick, join 'Closing Bell' to discuss their market outlooks and the state of the consumer.

Persons: Dan Greenhaus, Victoria Fernandez, Ryan Detrick Solus, Carson Group's Ryan Detrick

☆ Wall St edges higher before holiday, crude claws back initial loss
▼ + stars: | 2023-11-22 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

[1/3] A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021. While Wall Street's rally was modest but broad-based, energy stocks (.SPNY) were the clear outlier, falling in tandem with crude prices . But crude prices settled well above the day's lows. U.S. crude dipped 0.86% to settle at $77.10 per barrel, while Brent settled at $81.96, down 0.59% on the day. Gold prices dipped below the key $2,000 per ounce level in opposition to the dollar's strength.

Persons: Brendan McDermid, Ryan Detrick, Detrick, Sterling, Wall, Brent, Stephen Culp, Amanda Cooper, Deepa Babington Organizations: Wall, REUTERS, U.S, Nasdaq, Nvidia, Carson Group, Federal Reserve, Fed, Dow Jones, Japan's Nikkei, Treasury, OPEC, Thomson Locations: New York, U.S, China, Omaha, Asia, Pacific, Japan, OPEC, London

☆ Stocks will likely continue their upward momentum into year-end, says Ryan Detrick
▼ + stars: | 2023-11-20 | 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 EmailStocks will likely continue their upward momentum into year-end, says Ryan DetrickRyan Detrick, Chief Market Strategist at Carson Group, discusses his expectations for a continued stock rally.

Persons: Ryan Detrick Ryan Detrick Organizations: Carson Group

☆ The market just triggered a rare signal that has meant higher returns a year later 100% of the time
▼ + stars: | 2023-11-06 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The good times on Wall Street could be just beginning according to a reliable and rare market indicator. When this happens, the S & P 500 averages a 23.3% gain over the following 12 months and is up 100% of the time, history shows. The gauge — a ratio developed by legendary investor Marty Zweig — is used to determine market momentum, particularly the start of a potential move higher. This buy signal came as the S & P 500 wrapped up its biggest weekly gain of the year. Detrick thinks the S & P 500 can end 2023 between 4,600 and 4,700.

Persons: Zweig, Ryan Detrick, Marty Zweig —, Detrick Organizations: Carson Group, New York Stock Exchange, CNBC Locations: New, —, Friday's

☆ Wall St Week Ahead Stock investors see green light in falling Treasury yields
▼ + stars: | 2023-11-03 | by ( David Randall | ) www.reuters.com time to read: +4 min

The relationship between stocks and bonds has been a tight one in recent months, with equities falling as Treasury yields climbed to 16-year highs. Higher yields offer investment competition to stocks while also raising the cost of capital for companies and households. Meanwhile, the S&P 500 has surged nearly 6% from its October lows. Draho expects the S&P 500 to trade between 4,200 and 4,600 until investors determine whether the economy will be able to avoid a recession. The S&P 500 was recently up more than 1% on the day.

Persons: Brendan McDermid, Jason Draho, Draho, Ryan Detrick, Greg Wilensky, Janus Henderson, David Randall, Ira Iosebashvili, Louise Heavens Organizations: New York Stock Exchange, REUTERS, Federal Reserve, Treasury, UBS Global Wealth Management, National Association of Active Investment, CFRA Research, Carson Investment Research, Fed, Apple Inc, Janus, Janus Henderson Investors, Thomson Locations: New York City, U.S, Treasuries

☆ CNBC Daily Open: Investors can’t shake off the feeling of uncertainty
▼ + stars: | 2023-10-23 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +2 min

In this article FGMMETAAMZNNFLXTSLAGOOGL Follow your favorite stocks CREATE FREE ACCOUNTTraffic_analyzer | Istock | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Gold was up 2.5% last week, recording its second consecutive weekly rise after adding 5.22% in the prior week. Investors are now bracing for a heavy week of earnings as Big Tech companies including Alphabet, Amazon, Meta and Microsoft will take centerstage. Musk's sweeping changes across the company, including firing most of its employees and reinstating previously banned accounts, scared advertisers away.

Persons: Gold, Ryan Detrick, Tesla, Elon Musk, Musk Organizations: Istock, CNBC, East, Treasury, Big Tech, Meta, Microsoft, Carson Group, Netflix, Elon, Twitter Locations: U.S

☆ Stock futures edge higher on Sunday night as Wall Street awaits big tech earnings: Live updates
▼ + stars: | 2023-10-22 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City. Stock futures ticked higher on Sunday night as traders looked ahead to the release of corporate earnings from tech industry behemoths. S&P 500 futures and Nasdaq 100 futures climbed 0.23% and 0.15%, respectively. Earnings season ramps up this week, with a slew of big tech titans slated to report. Investors will anticipate results from Alphabet , Amazon , Meta and Microsoft to provide key information for the stock market.

Persons: Jerome Powell, Ryan Detrick Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Treasury, Federal, Economic, of New, Meta, Microsoft, Carson Group Locations: New York City, of New York

☆ Detrick: We favor investing in small-caps and cyclical stocks
▼ + 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 EmailDetrick: We favor investing in small-caps and cyclical stocksRyan Detrick, Chief Market Strategist at Carson Group, discusses the market environment following Jay Powell's comments yesterday.

Persons: Ryan Detrick, Jay Powell's Organizations: Carson Group

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