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☆ Why the S&P 500 is poised to gain 3% over the next 20 days, says JPMorgan's trading desk
▼ + stars: | 2024-04-25 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A tactical buy signal just flashed in the stock market, according to JPMorgan's trading desk. AdvertisementA tactical buy signal just flashed in the stock market, according to a Tuesday note from JPMorgan's trading desk. The buy signal suggests that the S&P 500 could jump 3% within the next 20 days, which would put the index within spitting distance of its all-time high. But a bullish buy signal isn't enough to push the stock market higher on its own, JPMorgan's trading desk admitted. Instead, for this most recent buy signal to be successful, corporate first-quarter earnings will have to deliver and geopolitical tensions will have to cool down.

Persons: —, What's Organizations: JPMorgan, Service, Tactical Positioning

☆ I'm a working mom who enjoys solo travel. I've learned how to keep myself from spiraling into mom guilt while I'm away.
▼ + stars: | 2024-04-25 | by ( Spriha Srivastava | ) www.businessinsider.com time to read: +7 min

I'm a working mom who incorporates solo trips into my business travel. a working mom who incorporates solo trips into my business travel. My heart skipped a beat, and my not-so-new best friend, "mom guilt," walked through the door. AdvertisementBut while traveling with children is fun, I missed the spontaneity and the flexibility of solo travel. The sense of calmness was a feeling I rarely find as a working mom, and I loved it.

Persons: I'm, —, we've, I've, Spriha Srivastava, Lean, he'll Organizations: Service, British Psychological Society, Pew Research, Metropolitan Museum of Art Locations: New York, Manhattan, China, Angkor Wat, Cambodia, Singapore

☆ Can a new batch of tech earnings rescue the market? Here are the factors at play
▼ + stars: | 2024-04-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

The market was already headed toward a down session due to disappointing reactions to earnings, which haven't been entirely bad. Club earnings : Microsoft and Alphabet report after the bell Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, haven't, hasn't, it's, Mark Zuckerberg, Amy Hood, Jim Cramer's, Jim Organizations: CNBC, Club, Meta, Tech, Nvidia, Broadcom, Microsoft, PCE, Exxon Mobil, Chevron, Colgate, Palmolive, HCA Holdings, Jim Cramer's Charitable Locations: Abbvie

☆ Jeff Bezos isn't a fan of 'time blocking'—here's what he does instead to boost his productivity
▼ + stars: | 2024-04-24 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Jeff Bezos doesn't jam-pack his schedule or set strict time blocks for all his meetings. "I don't keep to a strict schedule," Bezos said, in an episode first released in December 2023. "My meetings often go longer than I plan for them to, because I believe in [mind] wandering." "When I sit down [in] a meeting, I don't know how long the meeting is going to take if we're trying to solve a problem," Bezos said. He added that "a lot of people feel like wandering is inefficient," but studies show that a divergent mind can actually boost a person's productivity, creativity and happiness.

Persons: Jeff Bezos, —, Forbes —, Lex Fridman, Bezos Organizations: Origin

☆ Bounce in base metal prices has to do with optimism on Western recovery: Strategist
▼ + 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 EmailBounce in base metal prices has to do with optimism on Western recovery: StrategistIan Roper, commodity strategist at Astris Advisory Japan KK, discusses what's behind their rise, citing factors such as the pick-up in industrial activity in Europe and North America.

Persons: Ian Roper Organizations: Astris Advisory Japan KK Locations: Europe, North America

☆ Beware of a dead-cat bounce and prepare for a severe market correction by making these 6 investments now, a veteran chartmaster warns
▼ + stars: | 2024-04-24 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

The S&P 500 is in its most perilous position since late last summer, cautioned David Keller, the chief market strategist at StockCharts.com. After an uptick in volatility in March 2023, the S&P 500 enjoyed a virtually uninterrupted rally before peaking on the final day of July. Related storiesIn the meantime, investors should keep a close eye on two key technical support levels for the S&P 500, Keller said: 5,050 and 4,820. Utilities are one of only two parts of the market that's up in the last month, due to its risk-off nature. The VanEck Gold Miners ETF (GDX) is another compelling way to ride that rally, Keller said.

Persons: —, David Keller, I'm, Keller, Stocks, StockCharts.com, they're, Keller isn't, that's Organizations: Service, Business, Utilities, StockCharts.com, VanEck Oil Services, P Oil & Gas Exploration, Production, Miners Locations: East, Israel, Freeport

☆ Bond auctions are a bigger deal than usual this week. The first went the way of the bulls
▼ + stars: | 2024-04-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Treasury yields dip: In addition to earnings, the other part of the market's gauntlet this week is a trio of huge Treasury auctions. The PMI data was softer than expected, confirming signs of the economic "brown shoots" that Jim Cramer has recently been flagging. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Treasury, P Global, PMI, Federal, Amazon, Foods, Apple, Developers, Tesla, Enphase, Texas, Boeing, Boston Scientific, Otis Worldwide, Jim Cramer's Charitable Locations: Enphase Energy, Humana

☆ Watch CNBC’s interview with Schwab's Liz Ann Sonders, SoFi's Liz Young and CIC Wealth’s Malcolm Ethridge
▼ + stars: | 2024-04-23 | 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 interview with Schwab's Liz Ann Sonders, SoFi's Liz Young and CIC Wealth’s Malcolm EthridgeCharles Schwab's Liz Ann Sonders, SoFi's Liz Young and CIC Wealth’s Malcolm Ethridge join 'Closing Bell' to discuss markets, the market pullback and bounce and what it means for their outlook.

Persons: Liz Ann Sonders, SoFi's Liz Young, Malcolm Ethridge Charles Schwab's Liz Ann Sonders, Malcolm Ethridge

It was the early 1970s, and we had set up our little company, Cyclops Films, at 1600 Broadway. We were equipped with a newly purchased Éclair NPR, a Nagra recorder and our infatuation with cinéma vérité. We were approached by Jack Willis at WNET, who had just started a series called “The 51st State,” a news and documentary show about the New York City metro area. We lucked out and found affable people who opened up almost immediately. It was fun to make, and fun to watch again after all these years.

Persons: cinéma vérité, Jack Willis, ”, ’ Organizations: Cyclops, NPR, WNET, New Locations: New York City

☆ E.W. Scripps exploring sale of Black-culture broadcast network Bounce TV
▼ + stars: | 2024-04-23 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Scripps , one of the largest local TV broadcasters in the U.S., has hired a financial advisor to evaluate inbound interest in acquiring Bounce TV, its over-the-air network geared toward African Americans, according to Scripps CEO Adam Symson. Symson declined to comment on the names of the bidders or the potential price for Bounce TV. He added a platform such as Bounce TV could also serve as a landing spot for a catalog of Black creators. Scripps officials began telling Bounce TV employees about the inbound interest on Tuesday, according to a person familiar with the communications. Bounce TV, which debuted in 2011, is a free over-the-air network that broadcasts a combination of syndicated shows, movies and original content.

Persons: Tanika Ray, Alyson Fouse, Kym Whitley, Yvette Nicole Brown, Tisha Campbell, Adam Symson, Symson, Scripps, they're, Johnson, Deji LaRay Organizations: London West Hollywood, Beverly, Scripps, Paramount Global, BET Media Group, CNBC, TV, BET Locations: Beverly Hills, West Hollywood , California, U.S

☆ Charles Schwab's Liz Ann Sonders expects the relief rallies in 2023's sector darlings will continue
▼ + stars: | 2024-04-23 | 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 EmailCharles Schwab's Liz Ann Sonders expects the relief rallies in 2023's sector darlings will continueLiz Ann Sonders, Charles Schwab chief investment strategist, joins 'Closing Bell' to discuss markets, the market pullback and bounce and what it means for her outlook.

Persons: Charles Schwab's Liz Ann Sonders, Liz Ann Sonders, Charles Schwab

☆ The stock market 'correction' is not over yet, JPMorgan’s Kolanovic says
▼ + stars: | 2024-04-23 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

Don't be fooled by Monday's bounce, JPMorgan's Marko Kolanovic warned. The S & P 500 entered the week down more than 5% from an all-time high reached earlier in the year. A correction is generally defined as a 10% drop from a 52-week high. "Market concentration has been very high, and positioning extended, which are typically red flags, at risk of a reversal." "The combination of these macro factors increases the downside risks, and suggests that more Defensive trading should be appropriate," he added.

Persons: JPMorgan's Marko Kolanovic, Kolanovic, —

☆ Ford shares surge on Tesla's EV price cuts as the legacy automaker falls back on its roots
▼ + stars: | 2024-04-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Strong bounce: The S & P 500 was on pace Monday afternoon to break a streak of six down days in a row. (The S & P 500 fell 3% last week.) Ford rallies: Ford was our best-performing portfolio stock Monday and one of the top-performing stocks in all of the S & P 500. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Financials, Wells Fargo, Wells, Ford, Tesla, Jim Farley, Farley, Abbott, Watson, Mead Johnson, Reckitt Benckiser, Johnson, Lockheed Martin, Sherwin Williams, We're, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Ford, Abbott Laboratories, NEC Society, Abbott, Johnson, SAP, Cadence Design Systems, Nvidia, Danaher, Motors, UPS, GE, PepsiCo, RTX Corp, Lockheed, Treasury, Jim Cramer's Charitable Locations: Wells, Cleveland, Nucor, Freeport, McMoRan

☆ A pullback in this biotech stock has created a buying opportunity, according to the charts
▼ + stars: | 2024-04-22 | by ( Katie Stockton | ) www.cnbc.com time to read: +2 min

Amgen has been in pullback mode since the beginning of February, losing roughly 13% within the context of its long-term uptrend. For those interested in "buying the dip," this may be a good time to revisit the stock, noting the decline looks overdone in the short term. There has been a positive reaction from AMGN to a short-term counter-trend "buy" signal from Tom DeMARK's TD Combo model, which supports a minimum two-week bounce. With Friday's reversal bar on AMGN's daily chart, combined with today's strength, our preferred momentum indicator the daily MACD is back on a "buy" signal. The MACD also shows a positive short-term divergence, supporting a bigger relief rally for AMGN in the near term.

Persons: Amgen, Tom DeMARK's Organizations: AMGN

☆ What will it take to get tech stocks rising again? An unemployment rate above 4%
▼ + stars: | 2024-04-22 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Analysts slashed the "Big Six" tech stocks' ratings to neutral from overweight, arguing that profit growth momentum could "collapse" over the next few quarters. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, what's, it's, We're, Jim Cramer's Organizations: CNBC, Nasdaq, Treasury, Federal Reserve, Apple, Microsoft, Nvidia, UBS Global Research

☆ Stock futures are little changed after S&P 500 snaps 6-day losing streak: Live updates
▼ + stars: | 2024-04-22 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

U.S. stock futures were little changed on Monday night after the S&P 500 snapped a six-day losing streak, buoyed by a rebound in tech stocks. S&P 500 futures gained 0.02%, while Nasdaq 100 futures slid 0.06%. The S&P 500 advanced 0.87%, while the Nasdaq Composite climbed 1.11%. Both the S&P 500 and Nasdaq ended a six-day losing run. Information technology was the best-performing S&P 500 sector on Monday.

Persons: Ayako Yoshioka, CNBC's, Yoshioka Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Investors, Dow, Nvidia, Traders, Microsoft

☆ The stock market is primed for a short-term bounce, but correction still not over
▼ + stars: | 2024-04-22 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

The stock market is poised for a short-term bounce, but technical analysts who watch price charts warn that the correction is not yet over. The technician said he anticipates support for stocks — the point at which buyers will reemerge — between 4,700-4,800 in the S & P 500. .SPX YTD mountain S & P 500 To be sure, some observers anticipate a more durable stock market rally, rather than a mere bounce. He anticipates that the S & P 500 could find support down at 4,800 and may not find a true bottom for several weeks. But he anticipates that the selloff will take longer to play out, with a pullback bringing the S & P 500 back to 4,700.

Persons: JC O'Hara, Roth MKM, O'Hara, Tom Lee, Lee, CNBC's, Oppenheimer's Ari Wald, Wald, we've, BTIG's Jonathan Krinsky, Krinsky, Wolfe's Rob Ginsberg Organizations: Stocks, Federal Reserve

☆ Cramer: The 'proximate cause' of Super Micro's 23% drop Friday? Go back to March 8
▼ + stars: | 2024-04-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

At law school, we learned about "proximate cause," one of the few valuable concepts you can take from three years of drudgery. But was that the proximate cause? No, the real proximate cause, the one that's really at fault, was the February unemployment report, which came out on March 8. At the time, many thought the proximate cause of Nvidia's pirouette was the performance of two chipmaker peers. Surely those two updates couldn't be the proximate cause of the peak of Nvidia, right?

Persons: It's, Let's, pirouette, Matt Murphy, Jay Powell, Powell, Zeus, Biden, Jim Umpleby, ferociously, Jeff Marks, Morgan Stanley, haven't, Mills, Jim Cramer's, Jim Cramer, Jim, Ann Wang Organizations: Nvidia, hasn't, Marvell Technology, Club, Broadcom, Marvell, Federal, Caterpillar, Microsoft, Nasdaq, Apple, Procter, Gamble, Jim Cramer's Charitable, CNBC, Micro Locations: It's, what's, Wells Fargo, Taipei, Taiwan

☆ I left the publishing industry after 20 years and made my eBay hobby a full-time job. My store makes 6 figures.
▼ + stars: | 2024-04-21 | by ( Matt Ringler | ) www.businessinsider.com time to read: +7 min

I've always loved to shop at thrift stores, estate sales, and yard sales, and often sold on eBay. I decided to leave publishing entirely and take my eBay store full-time. AdvertisementMatt Ringler bought items at yard sales, estate sales, and thrift stores to sell on eBay. I left publishing entirely and decided to take my eBay store full-timeI wasn't sure of much except that no publishing company was getting a résumé from me. While I figured my life out, I had savings — and my eBay store kept going.

Persons: I've, —, I'd, Matt Ringler, Krug, chunky LL Bean, Fred Sanford's, I'm Organizations: eBay, Service, brac, Nintendo, Salvation Army Locations: New York, Europe

☆ Breaking down the market sell-off and odds this 5% pullback turns into a 10% correction
▼ + stars: | 2024-04-20 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

Hard-to-handicap geopolitical conflict never helps, even if it rarely serves as the key swing factor in a market trend. .SPX 1Y mountain S & P 500, 1-year And then there was simply the elevated valuation and over-optimistic sentiment that had built up over that five-month, 28% rally that culminated at the end of March. Over the long span of time, about 40% of all 5% market pullbacks deepened into full 10% corrections. A 10%-ish correction from the S & P 500 high of 5254 would pull the index down below 4800, the former record high from early 2022, and so would be a test of the first-quarter breakout. Last week's 3% decline took the index back to Feb 21 and thereby closed the "Nvidia gap," the 100-point S & P 500 pop the day after Nvidia's blowout fourth-quarter earnings report.

Persons: Warren Pies, Jerome Powell Organizations: Nasdaq, 3Fourteen, Nvidia, Big Tech, Treasury, Silicon Valley Bank Locations: Silicon

☆ Investors are hoping Big Tech earnings next week could revive a flagging bull market
▼ + stars: | 2024-04-19 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Wall Street is hoping next week's megacap tech results will give investors insight into where the artificial intelligence trade is going from here, as a bounce in tech could lift the indexes. They're also hoping a slew consumer commentary will give investors insight into the state of the economy. However, he said any pullback in the tech names could give investors an opening to start "nibbling away" at additional exposure. Personal Income 10 a.m. Michigan Sentiment NSA final Earnings: T. Rowe Price Group , Colgate-Palmolive , Exxon Mobil , Chevron , AbbVie , Phillips 66

Persons: Tesla, They're, Kim Forrest, Elon Musk, Emily Leveille, Scott Ladner, Ladner, Horizon's Ladner, FactSet, Baker Hughes, Philip Morris, Lockheed Martin, Raymond James Financial, Rowe Price, Phillips Organizations: Big Tech, Google, Microsoft, Bokeh, Nasdaq, Investors, Deutsche Bank, Reuters, Thornburg Investment Management, Meta, Consumer, Visa, Chicago, Verizon Communications, Ameriprise, Truist, PMI, New, Richmond Fed, Enphase, Tesla, NextEra, Philip Morris International, Halliburton, United Parcel Service, PepsiCo, Lockheed, Raytheon Technologies, GE Aerospace, Grill, Business Machines, Lam Research, Ford Motor, Technology, Waste Management, Universal Health Services, Raymond, Boeing, Hilton Worldwide Holdings, . Kansas City Fed Manufacturing, Mobile, Capital, Financial Corp, Intel, Western Digital, Comcast, American Airlines Group, Southwest Airlines, Valero Energy, Caterpillar, Tractor Supply, Royal Caribbean Group, GE, PCE, NSA, Rowe Price Group, Colgate, Palmolive, Exxon Mobil, Chevron Locations: China, Europe, U.S, NextEra Energy, Freeport, McMoRan, . Kansas, Michigan, AbbVie

CNBC Pro screened for stocks that are already trending downward to determine which stocks might fall further. According to analysts' consensus price targets, these stocks have an estimated downside of 5% or more, and all have a market capitalization of at least $2 billion. Here are the stocks that are already in a correction and still disliked on Wall Street. Shares have slumped 21.5% since May 2023 and — based on analysts' consensus price target — are estimated to decline another 29.1%. Other stocks already in a correction and vulnerable to additional declines include Palantir Technologies , Dillard's , MGE Energy , GameStop and Advance Auto Parts .

Persons: CNBC's David Faber Organizations: Dow Jones, Nasdaq, CNBC Pro, Bank of, FactSet, Fed, Silicon Valley Bank, Regional Banking ETF, CBS, Paramount Global, Skydance Media, Paramount, Palantir Technologies, MGE Energy, GameStop, Advance Locations: Bank of Hawaii, Silicon, Bank

☆ Stock futures are little changed after S&P 500 posts a fourth losing day: Live updates
▼ + stars: | 2024-04-17 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Stock futures traded near the flatline on Wednesday evening after the S&P 500 and the Nasdaq Composite logged a fourth straight day of losses. Futures tied to the S&P 500 added 0.03%, while Nasdaq 100 futures gained 0.1%. Tech stocks struggled on Wednesday, with the S&P 500 and the Nasdaq Composite registering their fourth consecutive losing session. The Dow, S&P 500 and the Nasdaq have also closed below their respective 50-day moving averages. He said he's watching the 5,150 to 5,200 level of the S&P 500 as key resistance.

Persons: Dow, Jason Hunter, he's Organizations: New York Stock Exchange, Stock, Nasdaq, Dow Jones Industrial, Vegas Sands, Tech, Nvidia, JPMorgan, Alaska Air Group, Netflix Locations: New York City, U.S, Vegas

☆ Russian oligarchs can't buy superyachts — but rich Americans are helping to fill the void
▼ + stars: | 2024-04-17 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Superyacht sales fell 17% in 2023, but still stayed above pre-COVID levels. Sanctions imposed on Russian oligarchs dented the market, but America helped split the difference. AdvertisementBoth new and used superyacht sales of vessels longer than 100 feet fell again 2023 — in part due to sanctions imposed on Russian oligarchs. AdvertisementSales for superyachts over 200 feet slowed more than their smaller counterparts due to high pricing and longer build times, according to the report. That said, SuperYacht Times' head of intelligence, Ralph Dazert, told Business Insider that sales in America are helping to fill some of the void.

Persons: —, Ralph Dazert, Dazert Organizations: America, Service, SuperYacht Times, Yachting Locations: Florida, America, Russian

☆ Here are 4 ways to approach the daily swings we're seeing lately in the stock market
▼ + stars: | 2024-04-16 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

There have been some sizeable swings in the stock market lately, both day-to-day and even during single trading sessions. But then around noon ET, the S & P 500 topped out and reversed lower. "Put simply: The S & P Oscillator is our most trusted indicator of how to act during big upswings or huge downdrafts in the market. You don't want to be sitting at your computer, staring at your screen when the major stock market benchmarks are getting knocked all around the place. And, if the flipside is true in an over-bought market, having the courage to trim when emotionally you're thinking let that baby run.

Persons: Jim Cramer, Friday's, …, Jim Cramer's, Jim, Michael M Organizations: Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, New York City

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