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☆ Top Wall Street analysts pick these 3 dividend stocks for higher returns
▼ + stars: | 2024-04-21 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. Enterprise Products PartnersThis week's first dividend stock is Enterprise Products Partners (EPD), a midstream energy services provider. (See EPD Technical Analysis on TipRanks)Goldman SachsLet's move to Goldman Sachs (GS), one of the leading investment banks in the U.S. In the first quarter, Goldman Sachs returned $2.43 billion of capital to shareholders through share repurchases worth $1.5 billion and dividends of $929 million. (See Goldman Sachs Stock Buybacks on TipRanks)Cisco SystemsFinally, let's look at Cisco Systems (CSCO), a networking equipment maker.

Persons: Wall, Elvira Scotto, Scotto, TipRanks, Goldman Sachs, Stephen Biggar, Tal Liani, Cisco's, Liani Organizations: Wall Street, Enterprise Products, Enterprise Products Partners, RBC Capital, U.S, Goldman, Biggar, Securities Industry, Financial Markets Association, Cisco Systems, Cisco, Bank of America Securities Locations: Delaware, industrywide

☆ Bank of America's top global strategist warns of growing bubble risk in the stock market as the economy heads for a no-landing scenario — and shares 3 charts showing the market could be headed for tro
▼ + stars: | 2024-04-20 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Read previewMichael Hartnett, Bank of America's top global strategist, thinks a no-landing scenario is the most-likely outcome for the US economy in the months ahead. That means the labor market would remain strong, but inflation would also stay above the Federal Reserve's long-term goal of 2%. While that's fine for now, Hartnett warns it's a path that eventually leads to trouble for the economy and stocks. "We say rising no landing risks = rising hard landing risks," Hartnett said in an April 11 note. The fund's price dipped below its 200-day moving average in 2020 and 2022, when the economy slowed and stocks underperformed.

Persons: —, Michael Hartnett, Hartnett, it's, Michael Landsberg Organizations: Service, Bank of America's, Business, Consumer, Bank of America, Landsberg Bennett, Wealth Management, Fed Locations: REITs, Ukraine

☆ 'Volatility could explode': The S&P 500 is ripe for a correction as tensions in the Middle East flare and inflation sticks, experts warn. Here's what to do with your money.
▼ + stars: | 2024-04-17 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

Since late October last year, the S&P 500 has risen as much as 27% on strong economic data and excitement about AI. Losses were steepest last week when Iran fired missiles at Israel, exacerbating regional and global tensions. But as more labor market and inflation data has come out, investors now believe a cut is off the table until at least July. The S&P 500 has now dipped below its 20-day moving average, like it did last summer when yields rose above 4.35%. "The VIX, SKEW and Put/Call Ratio all indicate that sophisticated investors are on edge and volatility could explode to 52-week highs in the weeks ahead," Essaye said.

Persons: —, that's, Israel, James Demmert, Demmert, Adam Turnquist, Turnquist, Tom Essaye, Essaye, selloff, Solita, It's, Marcelli, it's Organizations: Service, Business, Brent, Research, Federal Reserve, LPL, MAs, UBS Americas, UBS Global Investment Locations: Iran, Israel, Gaza, Lebanon, Yemen

☆ A bearish options trade that wins if the AI-led chip stock rally runs out of steam
▼ + stars: | 2024-04-16 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

I'll discuss a bearish options hedge on a member of the chip sector that appears to be breaking down. Below is a 6-month daily chart of the iShares Semiconductor ETF (SOXX) , which monitors the chip sector. Among the semiconductor stocks, Micron (MU) stands out as a notable example. However, since securities can remain overbought for extended periods, it's important to wait for the RSI to dip below 70 before considering a bearish trade setup. The Trade Setup: The trade structure I am using here is called a "bear put spread" also known as "put debit spread".

Persons: Nishant Pant, Nishant Organizations: Nvidia, iShares Semiconductor, AMD, Broadcom, Micron, MU, YTD

☆ A dreaded 'death cross' chart pattern points to even more losses for this struggling software stock
▼ + stars: | 2024-04-11 | by ( David Keller | ) www.cnbc.com time to read: +3 min

This week, ADBE flashed the dreaded "death cross" signal — a pattern that typically points to further downside — with the 50-day moving average crossing down through the 200-day moving average. Adobe created a classic double top pattern in January, when the stock retested the December 2023 high around $630 and failed to break above this resistance level. It's worth noting that the death cross observed this week happened only after the stock had established a clear downtrend of lower highs and lower lows. This support level, just below $500, aligns well with the September 2023 price low. Back in 2022, a similar death cross resulted in an additional 45% drop for Adobe before the eventual low was established.

Persons: ADBE, David Keller Organizations: Adobe, CMT

☆ A renowned market bear who called the dot-com bubble warns the AI and economic recovery narratives fueling stocks are weak as analyst optimism sours — and says the Fed is fueling a bubble as valuation
▼ + stars: | 2024-04-06 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

About 45% of changes to S&P 500 analysts' earnings estimates are upgrades, as shown in the chart below, down from 50% in early 2023. AdvertisementSociete GeneraleHistorically, analyst optimism has been a good indicator for the economy's direction. Below is the S&P 500's year-over-year percentage change along with the analyst optimism measure. He says the S&P 500 is in a bubble fueled by AI optimism and could fall as much as around 60%. He sees potential downside of 39% for the S&P 500.

Persons: —, Albert Edwards, Edwards, Powell's, Ed Yardeni, Let's, There's, Jeremy Grantham, David Rosenberg, Merrill Lynch Organizations: Service, Societe Generale, Business, Street, Nasdaq, Generale, Conference, Institute for Supply, subsiding, Fed, repo, Bureau of Labor Statistics, Bears, Rosenberg Research, policymaking

☆ This makeup giant is 'quite undervalued' and making a turnaround, says options trader Tony Zhang
▼ + stars: | 2024-04-03 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

We've seen a noticeable uptick in volume and interest in Estee Lauder (EL) , after struggling significantly for the last two years to formulate a turnaround. Has the global makeup giant finally bottomed and proven that its business is investable again? In my opinion, with its strong expected future growth and high margins, EL is quite undervalued and offers an attractive risk/reward for investors to add exposure now in your portfolio. The trade The implied volatility rank of EL currently stands at 31%, which makes options on the expensive side. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: We've, Estee Lauder, Lauder

☆ Playing defense with steady stocks that generate income if this sell-off is something bigger
▼ + stars: | 2024-04-02 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Tuesday's market sell-off sticks out like a sore thumb amid this year's rally to all-time highs, leaving traders to wonder if it could be the start of a bigger downtrend. That marks a turn from the strong first quarter, during which nearly two out of every five trading days pushed the benchmark S & P 500 to a record close, according to Bespoke Investment Group. "But in the near term, it's just putting some pressure on on the stock market." The sector is up about 3% year to date, far underperforming the overall S & P 500. VZ .SPX YTD mountain Verizon vs. the S & P 500, year to date Verizon has climbed more than 12% thus far in 2024, outperforming the S & P 500.

Persons: Larry Tentarelli Organizations: Investment, Federal Reserve, CNBC Pro, Wall, CNBC, LSEG, Verizon Locations: Tuesday's selloff

☆ This trade wins if interest rates stay high and hurt the housing market
▼ + stars: | 2024-04-02 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

To profit from this possibility, here's an options trade that bets against the housing market. US10Y YTD mountain U.S. 10-year Treasury yield so far in 2024 I'm contemplating a bearish trade on Lowe's (LOW) within the consumer discretionary sector. DMI (Directional Movement Index): When the DI+ (green line) is above DI- (red line), the stock is in an uptrend. The trade structure I am using here is called a "bear put spread" also known as "put debit spread". If LOW trades at or below my short strike by the expiration date, this trade can yield a 100% ROI on the amount risked.

Persons: I'm, I've Organizations: Federal, Treasury, Lowes Locations: US10Y

☆ Japan's finance minister says 'speculative' moves in currency market impacting yen
▼ + stars: | 2024-04-01 | by ( ) www.cnbc.com time to read: +1 min

The yen has been on a downtrend despite the BOJ's decision on March 19 to end eight years of negative interest rates. Japanese Finance Minister Shunichi Suzuki said on Monday there were some speculative moves in the currency market that did not reflect economic fundamentals, repeating his warning against excessive yen declines. "We will watch currency market developments with a strong sense of urgency, and will respond appropriately against excessive moves without ruling out any options," Suzuki told parliament. Suzuki said various factors are driving currency moves such as the Bank of Japan's decision to end negative interest rates, Japan's current account balance, price moves, geopolitical risks, as well as market players' sentiment and speculative trades. "As for the yen's recent declines, we believe there are some speculative moves that do not reflect fundamentals when taking into account domestic and overseas economic as well as price developments," he said.

Persons: Shunichi Suzuki, Suzuki Organizations: Japanese Finance, Bank of

☆ BlackRock says bitcoin returns likely to come down now that it has been embraced by Wall Street
▼ + stars: | 2024-03-26 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

If you're looking for your bitcoin to go to the moon, the window of opportunity may be slowly closing, according to BlackRock. "Certainly, returns going forward will come down," he said at the Bitcoin Investor Day conference in New York City Friday. That demand was "massive and clear" in 2023, when BlackRock filed to launch its iShares Bitcoin Trust. "I don't think we've seen the end of cycles in bitcoin," Mitchnick said. "[With] bitcoin, when the price goes up, the probabilities of success and adoption in some senses, as digital gold, are also changing," he said.

Persons: Robert Mitchnick, It's, –, Mitchnick, CNBC's Ganesh Rao Organizations: BlackRock Locations: BlackRock, New York, @GC

☆ This chip stock is mounting another attempt at a breakout, according to the charts
▼ + stars: | 2024-03-26 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

Arm Holdings is a UK-based semiconductor and software design company that has been around for quite some time and been through multiple corporate events, changes of ownership and multiple large investors. The majority shareholder of Arm (ARM) is Japanese conglomerate Softbank, which bought the company in 2016 before taking it public again on the Nasdaq in 2023. The stock formed a base into March, held $120-area support and is now mounting another attack after breaking the gray dotted downtrend resistance/trigger level at $135. I do not yet hold the stock, but I am looking to add to our holdings at current levels and will require the stock to remain above that $135 breakout level now serving as support. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: we're, They're, Gordon Organizations: Nasdaq, ARM, Nvidia, Cadence Design Systems, IBM, Intel, AMD, Apple, Facebook, Google, Inside Edge Locations: UK

☆ Charles Schwab's Kathy Jones: Bracing for potentially hawkish Fed meeting this week
▼ + stars: | 2024-03-18 | 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 Kathy Jones: Bracing for potentially hawkish Fed meeting this weekKathy Jones, Charles Schwab chief fixed income strategist, joins 'Money Movers' to discuss why investors should prep for a hawkish meeting from the Federal Reserve, whether the inflationary downtrend is still intact, and where the opportunity in fixed income exists.

Persons: Charles Schwab's Kathy Jones, Kathy Jones, Charles Schwab Organizations: Federal Reserve

☆ Dollar ends week under pressure as data keeps rate cut hopes alive
▼ + stars: | 2024-03-08 | by ( ) www.cnbc.com time to read: +4 min

The unemployment rate rose to 3.9% in February after holding at 3.7% for three straight months, the data showed. The euro got a lift this week as the dollar came under pressure after Federal Reserve Chair Jerome Powell sounded more confident about cutting interest rates in coming months. Currencies typically weaken if central banks lower interest rates. Against the yen, the dollar was 0.68% lower at 147.05 yen, its weakest since Feb. 2. Firming hopes that interest rates in the U.S. and Europe will start to fall in June also helped prop up the risk-sensitive Australian and New Zealand dollars.

Persons: Jerome Powell, Stuart Cole, Cole, Powell, Lindsey Bell, Kathleen Brooks, Sterling, BoE, Firming, bitcoin Organizations: Federal Reserve, Bureau of Labor Statistics, Equiti, ECB, Federal, Ventures, Bank of, Reuters, European Central Bank, U.S . Federal, Bank of England, New Locations: Japan, Charlotte , North Carolina, Bank of Japan, U.S, Europe, New Zealand

☆ This ETF has 30% upside as the IPO market heats up, according to the charts
▼ + stars: | 2024-02-28 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +3 min

There are various ETFs that hold recent IPOs, including the Renaissance Capital Greenwich Funds' Renaissance IPO ETF (IPO) . The 200-day moving average is the most popular long-term moving average and one of the best long-term trend indicators. The IPO ETF bounced from the line last fall and has been trading above it through the first two months of 2024. Seeing IPO stay above the upward sloping 200-day moving average is the best-case scenario. Two IPO Holdings Investors should be aware the IPO ETF isn't very liquid, meaning that its average daily volume isn't robust.

Persons: RYAN, Frank Cappelleri Organizations: Renaissance Capital Greenwich Funds, RSI, Ryan Specialty Holdings

☆ A lower-cost bet that this struggling 'Magnificent 7' member will catch up
▼ + stars: | 2024-02-27 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

Here's a lower-cost bet using options that Apple could catch up. However, there's a caveat: if the RSI fails to turn upwards, this trade set-up would be invalidated. The trade To take a bullish trade on AAPL, the trade structure I have used here is called a "bull call spread". Here is my exact trade setup: Buy $180 call, Mar. 22nd expiration Sell $185 call, Mar.

Persons: I've, AAPL, Nishant Pant Organizations: Nasdaq, Apple, Mar Locations: Here's, AAPL

☆ Buy these small-cap stocks with strong fundamentals, Bank of America says
▼ + stars: | 2024-02-23 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

It has been a tough year thus far for small-cap stocks, but Bank of America has some fresh ideas for finding value in the space. Despite a bounce this month, the Russell 2000 index of small-cap stocks has slipped a fraction this year while the large-cap S & P 500 has climbed almost 7%. Against that underperformance, Bank of America strategist Jill Carey Hall recently screened for small-cap value names with strong fundamentals. She scanned the Russell 2000 for profitable stocks that are in the top 20th percentile on one or more valuation metrics, including price-to-book, price-to-earnings and enterprise value-to-sales ratios. The stock placed within the top 20% of the Russell 2000 when looking at the enterprise value to sales ratio.

Persons: Russell, Jill Carey, Wall, FactSet, Ryan Sigda, Craig, Hallum, Visteon Organizations: Bank of America, of, TAM, Outfitters, Urban Outfitters, Urban, Automotive, Wall Locations: Michigan

☆ This struggling energy ETF could be due for a comeback, according to the charts
▼ + stars: | 2024-02-22 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +3 min

Many ETFs and stocks have been rallying over the last four months, and some have been making new all-time highs. The OIH Oil Services ETF is not one of them. Crude oil All energy-related stocks and ETFs are beholden to crude, which has been struggling since topping out in June 2022. Crude oil recently bounced from its lows and is trying, once again, to leverage a potential bullish chart formation. This chart shows exactly how well the ETF has adhered to this multiyear upward sloping trading channel.

Persons: It's, OIH, We've Organizations: OIH Oil Services

☆ This volatile ETF not for the faint-hearted might be breaking out, according to the charts
▼ + stars: | 2024-02-07 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

An ETF that's down 80% from its all-time high or one that is up 110% from its all-time low? Both of these outlandish percent moves describe the AdvisorShares Pure US Cannabis ETF (MSOS) , which is down 80% from its February '21 high and now up 110% from its October '23 low. The only discernable point here is the spike in early February'21, which lined up exactly with the ETF's all-time high. The ETF had flirted with piercing this line before – most recently this past fall - but each attempt failed before 2024. Any index, ETF or stock that's in a long-term uptrend is trading above an upward sloping 200-day moving average.

Persons: Hope, we're, MSOS, Frank Cappelleri Organizations: Cannabis ETF

☆ Clocktower's chief strategist says Chinese stocks will likely rally 10% to 15% from here
▼ + stars: | 2024-02-07 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Jason Lee | APBEIJING — Chinese stocks will likely climb by at least 10% in coming days as authorities signal concerted support efforts, said Marko Papic, partner and chief strategist at Clocktower Group. Mainland Chinese stocks traded mostly higher Wednesday, following gains on Tuesday. A "10% to 15% rally in Chinese equities is likely in coming trading days," he said. Papic said he's been bearish on Chinese stocks for the past 12 months, and didn't rule out the possibility the latest rally "could be a dead cat bounce." Chinese stocks are still down for the year so far, following a 2023 marked by losses.

Persons: Jason Lee, Marko Papic, Papic, Xi Jinping, he's, Clocktower, Xi Organizations: AP BEIJING, Clocktower, U.S, Financial Regulatory Administration, China Securities Regulatory Commission, CNBC Locations: Beijing, China, Shanghai

☆ We hiked our Nvidia price target — encouraged by new highs after Goldman Sachs' bear case takedown
▼ + stars: | 2024-02-05 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

The new Goldman price target — which implies nearly 15.5% upside from Monday's — isn't even the highest on the Street. We're also raising our Club price target on Nvidia to $750 from $600. One of the lowest Nvidia price targets belongs to DA Davidson at $410 per share. NVDA 1Y mountain Nvidia's stock performance over the past 12 months. Nvidia's plan to release a new AI chip each year also adds to the sustainability of data center growth, the analysts argued.

Persons: Goldman Sachs, optimists —, — isn't, We're, Goldman, DA Davidson, Jim Cramer, TSMC, Jim Cramer's, Jim, Jensen Huang, Patrick T Organizations: Nvidia, Goldman, . Rosenblatt Securities, Microsoft, Amazon, Club, Apple, Taiwan Semiconductor Manufacturing Company, Devices, AMD, U.S, CNBC, Mobile, Fallon, Bloomberg, Getty Locations: China, American, Los Angeles

☆ Apple is losing momentum ahead of earnings, reducing chances of a breakout, according to the charts
▼ + stars: | 2024-02-01 | by ( David Keller | ) www.cnbc.com time to read: +4 min

Of the mega-cap growth stocks, Apple (AAPL) has certainly been a bit of a technical outlier in recent months. That downtrend in Q2 began with a gap below the 50-day moving average in early August and continued with a number of failed attempts to regain that 50-day moving average on the way down. Chart suggests exhaustion Over the last three months, Apple has basically bounced back and forth between retests of the July high of around $198 and the 200-day moving average. This bearish momentum divergence suggests exhaustion of upside momentum and leaves me skeptical of further upside here. Key levels to watch include the 200-day moving average around $182, as well as the January swing low around $180.

Persons: AAPL, I'm, we've, it's, David Keller Organizations: Apple, Nvidia, Meta, David Keller https

☆ This ETF tracking European stocks like LVMH gives U.S. traders access to a global comeback story
▼ + stars: | 2024-01-29 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. This material is for illustration and discussion purposes and not intended to be, nor construed as, financial, legal, tax or investment advice. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: bellwether LVMH Moet Hennessy Louis Vuitton, IEUR Organizations: Fairlead, CNBC Pro, Securities Locations: Europe, IEUR, Japan

☆ A veteran trader breaks down the technical-analysis tool he uses to singlehandedly determine when to enter and exit a trade
▼ + stars: | 2024-01-29 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

While many trading tools and indicators can be used to chart price action, Vernier says every market participant needs to find the most sensible combination for their own purposes. On the other end, a low is a "swing low" (lower candle #2) if it has a higher low on its left (lower candle #1) and a higher low on its right (lower candle #3). Bitcoin chart demonstrating the swing low candle or lower extreme and the swing high candle or upper extreme. Related storiesIf the asset price does, in fact, reverse higher upon reaching the retracement level, he sells it before it reaches the next one. This same process can be applied to a downturn, although the trader will be instead be shorting, as a bet the asset price will continue declining in the longer run.

Persons: Shain, He's, Vernier Organizations: Business

☆ 'You are now living through Tech Bubble 2.0': A 32-year market vet warns stocks are doomed to suffer substantial losses with valuations at historic highs and the economy on the verge of recession
▼ + stars: | 2024-01-27 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

"For those of you younger than us who did not live through the Tech Bubble of the late 1990s, you are now living through Tech Bubble 2.0. As a reminder, the NASDAQ fell about 80% when that bubble burst in the mild recession of the early 2000s," Wolfenbarger said. AdvertisementThere is evidence that backs up Wolfenbarger's bubble claims, starting with fairly standard valuation measures like the Shiller cyclically-adjusted price-to-earnings ratio. While it's not as high as it was during the dot-com bubble, it's higher than it was in 1929 — and is at one of its most elevated levels in history. Bank of AmericaAs for what will finally deflate the bubble, Wolfenbarger is expecting a recession to hit the US economy.

Persons: —, Microsoft —, Jon Wolfenbarger, Merrill Lynch, Wolfenbarger, it's, America's Michael Hartnett, Louis Fed Wolfenbarger, Jeremy Grantham, Adam Karr, Orbis Investment Management Karr, It's Organizations: Service, Apple, Nvidia, Microsoft, Business, JPMorgan, ClearBridge, Tech, NASDAQ, ClearBridge Investments Bank, America's, Bank of America, Bank of America's Global, Institute for Supply Management's Manufacturing, Orbis Investment Management, Global Fund, Federal Reserve Locations: Japan

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