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☆ CNBC Daily Open: Signs of a storm coming
▼ + stars: | 2023-04-12 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This 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. "It kind of feels like the calm before the storm," said Ryan Detrick, chief market strategist at the Carson Group. While it's nice to have a calm day or two, investors shouldn't ignore the warning of an impending storm. Subscribe here to get this report sent directly to your inbox each morning before markets open.

☆ Wall St ends mixed as inflation data comes into focus
▼ + stars: | 2023-04-11 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

The bellwether S&P 500 ended essentially unchanged. "With huge inflation data tomorrow, Fed minutes coming out soon and earnings right around the corner, traders are taking a wait and see approach to see how the inflation data comes in." Analysts expect aggregate first-quarter S&P 500 earnings falling 5.2% year-on-year, a stark reversal from the 1.4% annual growth seen at the beginning of the quarter. Among the 11 major sectors of the S&P 500, communication services (.SPLRCL) and tech (.SPLRCT) ended in the red, while energy (.SPNY) and financials (.SPSY) enjoyed the largest percentage gains. The S&P 500 posted nine new 52-week highs and no new lows; the Nasdaq Composite recorded 64 new highs and 118 new lows.

☆ Stock futures are flat ahead of key March inflation data: Live updates
▼ + stars: | 2023-04-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures were flat in overnight trading Tuesday as investors turned their focus to March's highly anticipated inflation report. Futures tied to the Dow Jones Industrial Average traded flat, while S&P 500 and Nasdaq 100 futures inched 0.04% and 0.07% higher, respectively. The S&P 500 closed little changed, while the Dow Jones Industrial Average gained 0.29% and Nasdaq Composite lost 0.43%. Wall Street looked ahead to March's consumer price index, a key data point that could affect the Federal Reserve's rate decision come May. Economists polled by Dow Jones predict that CPI rose by 0.2% in March, compared to a 0.4% gain in February.

☆ Markets are saying second half of 2023 could be better, says Carson Group's Ryan Detrick
▼ + stars: | 2023-04-10 | 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 EmailMarkets are saying second half of 2023 could be better, says Carson Group's Ryan DetrickRyan Detrick, Chief Market Strategist at Carson Group, joins 'Squawk Box' to discuss the latest market trends, and why he is optimistic the U.S. economy can avoid a recession altogether.

☆ An incredibly rare bullish stock market indicator just flashed for the first time since 2019
▼ + stars: | 2023-04-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

An incredibly rare bullish stock market indicator just flashed, suggesting more upside ahead. The Zweig Breadth Thrust indicator flashed for the first time since 2019, according to Ryan Detrick of the Carson Group. That's according to Carson Group chief market strategist Ryan Detrick, who pointed out that the "extremely rare" Zweig Breadth Thrust Indicator just triggered. The last time the Zweig Thrust Indicator triggered was in early 2019. Meanwhile, the six-month forward average return after the Zweig Thrust Indicator triggered is 17%.

☆ The resilient job market is finally showing signs of cooling off
▼ + stars: | 2023-04-10 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

The job market is clearly starting to slow down. Mohamed El-Erian said March's jobs report was a win-win for both the stock market and the Fed. "We are making this transition where the stock market was obsessed with interest-rate risk to one that is concerned about credit risk." What's your take on the latest job data? In other news:Traders works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020.

☆ Markets and the economy survived a tough first quarter, but it's not going to get any easier
▼ + stars: | 2023-04-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +8 min

Despite peaks and valleys, stocks closed the first quarter on an up note, with the S & P 500 rallying more than 7% and the tech-fueled Nasdaq soaring about 16%. .SPX .DJI YTD line S & P 500 gains so far in 2023 Indeed, the market has lived through a lifetime of scary headlines in the first three months of 2023. Despite repeated protestations from Fed officials that they are taking the higher-for-longer approach on interest rates, markets still expect cuts. AAPL .SPX YTD mountain Apple compared to the S & P 500 Only five of the 11 S & P 500 sectors are positive for the year, despite the substantial rally for the index. The net profit margin for the S & P 500 also is expected to edge lower to 11.2%.

☆ U.S. banks' CDS prices surge as contagion concern widens
▼ + stars: | 2023-03-15 | by ( Mehnaz Yasmin | ) www.reuters.com time to read: +3 min

March 15 (Reuters) - A jump in the cost for Wall Street banks to insure bonds against default on Wednesday was another worrisome indicator of credit stress for investors amid the crisis at Credit Suisse and at U.S. regional banks. Swiss bank Credit Suisse (CSGN.S) fell to a record low on Wednesday. Five-year credit default swaps for the flagship Swiss bank hit a new record high. Credit default swaps on Credit Suisse also inverted on Wednesday with the two-year rising above the five-year, and both hit a new 52-week high, according to data from Ortex. Some analysts believe that the larger banks are resilient and are more worried about the smaller and mid-sized banks.

☆ Stocks close slightly up after prior week's selloff
▼ + stars: | 2023-02-27 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

All three main stock indexes climbed more than 1% shortly after the opening bell, in part due to an easing in Treasury yields, and all three closed well off their session highs. Stocks steadily gave up gains throughout the session as U.S. Treasury yields moved off the day's lows. Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 27, 2023. Advancing issues outnumbered declining ones on the NYSE by a 1.69-to-1 ratio; on Nasdaq, a 1.41-to-1 ratio favored advancers. The S&P 500 posted 4 new 52-week highs and 8 new lows; the Nasdaq Composite recorded 71 new highs and 102 new lows.

☆ We like small caps and cyclical value: Carson Group's Ryan Detrick
▼ + stars: | 2023-02-16 | 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 EmailWe like small caps and cyclical value: Carson Group's Ryan DetrickRyan Detrick, Carson Group chief market strategist, joins CNBC's 'Squawk Box to discuss hotter-than-expected PPI numbers, the lag effect of Fed rate hikes, and more.

☆ Want the S&P 500 to gain 10% this year? A Super Bowl win by the Philadelphia Eagles may be your best bet
▼ + stars: | 2023-02-12 | by ( Carla Mozée | ) www.businessinsider.com time to read: +4 min

The Philadelphia Eagles and the Kansas City Chiefs will face off in Super Bowl LVII on Sunday in Arizona. An analyst said historic data suggests a win by an NFC team will produce a 10% return for the S&P 500 this year. Maybe not," Detrick wrote about this year's Super Bowl. From that viewpoint, stock investors may want to see the Chiefs win their third Super Bowl. Before Sunday's game, the S&P 500 has risen about 6% in 2023, and there's been a rotation in market leadership since 2022's dismal end.

Among these are equities’ positive January performance, a "golden cross" chart pattern on the S&P 500 and more stocks making new highs rather than new lows. Such signals are far from the only indicators market participants use to make investment decisions, and they are not foolproof. JANUARY JUMPThe S&P 500 rose 6.2% in January, driven in part by hopes that the Fed will be able to contain surging inflation without badly damaging the economy. GOLDEN CROSSMeanwhile, chart watchers noted that the S&P 500’s 50-day moving average rose above its 200-day moving average on Thursday, a pattern known as a golden cross. However, when a golden cross has appeared as the 200-day moving average is declining - as it is now - the average 12-month return for the S&P 500 jumps to 16.8%.

☆ S&P 500 forms bullish ‘golden cross’ pattern. Here’s what typically happens next
▼ + stars: | 2023-02-03 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

On Thursday, the broad market index formed what Wall Street calls a "golden cross," which happens when a 50-day moving average crosses through and above the 200-day moving average. Traders and analysts use the golden cross as an indicator that a market trend is about to turn more positive. There have now been 37 golden crosses on the S & P 500 since 1950, according to Carson Group chief market strategist Ryan Detrick. For some analysts, it's only considered a golden cross if the 200-day is sloping upward. But golden crosses tend to shine when associated with recessions, according to Bank of America chart analyst Stephen Suttmeier.

☆ Morning Bid: Riding the Fed dragon
▼ + stars: | 2023-02-01 | by ( Stephen Culp | ) www.reuters.com time to read: +3 min

Feb 2 (Reuters) - A look at the day ahead in markets from Stephen Culp, New York stock market reporter. "The door is cracking open to end rate hikes, but they still have a chance for one more rate hike at the next meeting," said Ryan Detrick, chief market strategist at Carson Group in Omaha. "Inflation data continues to show major improvements, which is exactly what the Fed needs to take their foot off the pedal." The European Central Bank and the Bank of England are expected to hike their key interest rates by 50 basis points on Thursday. Fourth-quarter earnings season is running on all cylinders, with 190 of the companies in the S&P 500 having reported already.

☆ VIEW Fed opts for small rate hikes, expects to deliver 'ongoing increases'
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

The decision lifted the benchmark overnight interest rate to a range between 4.50% and 4.75%, a move widely anticipated by investors and flagged by U.S. central bankers ahead of this week's two-day policy session. COMMENTS:RYAN DETRICK, CHIEF MARKET STRATEGIST, CARSON GROUP, OMAHA"The Fed threw no curve balls, as they did what was widely expected. The door is cracking open to end rate hikes, but they still have a chance for one more rate hike at the next meeting." "Yesterday's Employment Cost Index was an improvement, and Powell said he needed to see employment costs improve before he stops hiking rates. How close are we now with ending the rate hike cycle, when it’s clear employment costs are slowing?"

☆ Citigroup technicals indicate rally may extend even as Wall Street remains wary
▼ + stars: | 2023-02-01 | by ( Mehnaz Yasmin | ) www.reuters.com time to read: +2 min

Feb 1 (Reuters) - Citigroup Inc's shares (C.N) are approaching a potential bullish technical signal which indicates that this year's 14% rally could continue, even as some analysts remain critical of the bank's fundamentals. The technical signal, called a "golden cross", forms if the stock's 50-day moving average goes above its 200-day moving average. On Jan. 23, Citi shares touched their highest since August. The one-month moving average of puts-to-calls traded has dropped to 1.07-to-1, down from 2.6 puts traded for every call late last year, according to Trade Alert data, signaling less bearishness. "The bank is still very much in the build-up of expenses and early stages of reinvesting in their franchises."

☆ Fed opts for small rate hikes, expects to deliver 'ongoing increases'
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +4 min

The decision lifted the benchmark overnight interest rate to a range between 4.50% and 4.75%, a move widely anticipated by investors and flagged by U.S. central bankers ahead of this week's two-day policy session. MARKET REACTION:STOCKS: U.S. stocks fell after the Fed statement, but the Nasdaq recovered, last flat on the day. RYAN DETRICK, CHIEF MARKET STRATEGIST, CARSON GROUP, OMAHA"The Fed threw no curve balls, as they did what was widely expected. The door is cracking open to end rate hikes, but they still have a chance for one more rate hike at the next meeting." How close are we now with ending the rate hike cycle, when it’s clear employment costs are slowing?"

☆ If January is the barometer it historically has been, stocks could see a very strong year
▼ + stars: | 2023-01-30 | by ( Patti Domm | In | ) www.cnbc.com time to read: +7 min

He said this year has even more reasons to be higher, since other market performance indicators are also positive. For instance, stocks were higher in the Santa rally period in the final five trading days of December and the first two of January. "If you add the third level, with the market positive in January, the market was up a shade more than 29% and was up 100% of the time." spThe average annual S&P 500 gain for any year is about 9%, but Stovall said when the prior year is negative there's historically a higher bounce and the rally averages 14%. "If you add the third level, with the market positive in January, the market was up a shade more than 29% and was up 100% of the time."

☆ Stock futures inch higher as S&P 500 heads for best January since 2019
▼ + stars: | 2023-01-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 26, 2023 in New York City. Stock futures rose slightly in overnight trading as the S&P 500 looks to cap off its best January since 2019. Futures tied to the S&P 500 added 0.26%, while futures connected to the Dow Jones Industrial Average inched 0.15%, or 49 points, higher. During regular trading the Dow declined 260.99 points, or 0.77%, while the S&P and Nasdaq Composite fell 1.30% and 1.96%, respectively. As of Monday's close, the S&P and Dow are up 4.64% and 1.72% in January, respectively, and headed for their third positive month in four.

☆ Detrick: Optimistic October was the low and a new bull market is here
▼ + stars: | 2023-01-30 | 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: Optimistic October was the low and a new bull market is hereRyan Detrick, chief market strategist at the Carson Group, discusses the odds 2023 will be a positive year for stocks based on January's positive performance.

☆ The consumer still is strong but not perfect, says Carson Group's Ryan Detrick
▼ + stars: | 2023-01-26 | 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 EmailThe consumer still is strong but not perfect, says Carson Group's Ryan DetrickRyan Detrick, Carson Group chief market strategist, joins 'Power Lunch' to discuss cyclical areas leading the bull market, continued dollar weakening, and finding leadership in the market.

☆ Wall Street is feeling bearish, but a rare stock market pattern is hinting at a bull rally to kick off 2023.
▼ + stars: | 2023-01-18 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Traders gather on the floor of the New York Stock Exchange, Friday, March 18, 2016. There is little optimism for stocks among Wall Street's foot soldiers, according to the latest fund manager survey from Bank of America. As BofA pointed out, that means the so-called "pain trade" in the stock market is higher, and any sudden rally would catch investors off-guard. But Wall Street survey be damned, stocks seem to be on the brink of a rare, bullish trifecta. The surge has pushed the world's most largest crypto token to levels not seen since before the fall of FTX.

☆ Small caps could do well if the economy avoids a recession, says Carson Group's Ryan Detrick
▼ + stars: | 2022-12-27 | 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 EmailSmall caps could do well if the economy avoids a recession, says Carson Group's Ryan DetrickRyan Detrick, Carson Group chief market strategist, joins CNBC's 'Squawk Box' to break down his investment strategies ahead of the market open.

☆ There's at least one big name investor who won't be fighting the Fed next year.
▼ + stars: | 2022-12-23 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

As if this year didn't bring us enough bad news in the market, there's a steady chance 2023 brings more of the same. But Saint Nick's absence isn't the elephant in the room for markets — it's the Fed. Billionaire hedge fund manager David Tepper said he's "leaning short" on the stock market as the calendar changes. In a bid to squash decades-high inflation, this year the Fed has embarked on a historic interest rate-hiking campaign. "What the forwards in the Fed Funds futures are telling us is that it's increasing the probability that there's going to be a recession at some point," Caron said in a Bloomberg interview.

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