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☆ Here are the fundamental and the technical reasons that Microsoft stock can be bought
▼ + stars: | 2024-09-17 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Like the overall market, Microsoft has been running higher of late as odds increasingly favor a 50-basis-point Fed cut. With so much hope on Wall Street, if the Fed were to go with a smaller 25-basis-point move, the market could get hit and pressure Microsoft stock. The Club has a $500 per share price target on Microsoft stock. That's our fundamental case, which aligns with technical analysis of Microsoft's one-year stock chart pattern. A laptop computer with Microsoft Copilot+ installed is on display at the Best Buy store on June 18, 2024 in Miami, Florida.

Persons: Amy Hood, we've, Jim Cramer's, Jim Cramer, Jim, Joe Raedle Organizations: Microsoft, Fed, CNBC, Getty Locations: Miami , Florida

☆ Stock market today: Indexes dip after Meta earnings and new labor-market data
▼ + stars: | 2024-08-01 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +2 min

Indexes slid on Thursday despite a strong earnings report from Meta that sent the stock soaring. New jobless-claims data beat expectations and approached a one-year high, stoking economic concern. Investors are pricing in a 100% chance of Fed rate cuts in September. Shares of Meta soared as much as 11% after the company beat earnings estimates in the most recent quarter and raised its full-year revenue guidance. Qualcomm also beat earnings expectations but saw its stock down 3% Thursday.

Persons: —, Jerome Powell, Powell Organizations: Service, Meta, Wednesday's, Qualcomm, Here's Locations: Meta

☆ The Fed's rate decision and May inflation data will be key tests for the stock market next week
▼ + stars: | 2024-06-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

The next rate decision from the Federal Reserve coupled with May inflation data, both on Wednesday, will play key roles in how stocks perform next week — quite probably lending added volatility to an already jittery market. The Fed's rate decision All eyes are on the Fed next week and its rate decision that's set to come down at 2 p.m. Wednesday. But investors have tempered expectations since then amid a spate of stubborn inflation data. That makes May's consumer price index report due out before the bell Wednesday another key focal point for investors. Economists polled by Dow Jones are bracing for the consumer price index to rise 3.4% year over year and 0.1% on a monthly basis.

Persons: nonfarm, Kathryn Kaminski, Scott Wren, they've, it's, Tony Roth, Envestnet's Dana D'Auria, D'Auria, Dow Jones, Wells, Wren, John Belton, Apple, Jerome Powell, John Wiley Friday Organizations: Federal, Nvidia, Apple, Microsoft, GameStop, Dow, AlphaSimplex Group, Fed, Federal Open Market, European Central Bank, European Union, Wells Fargo Investment, Wilmington Trust's, CPI, Apple's Worldwide, Broadcom, Dave, Treasury, Signet Jewelers, University of Michigan Locations: Wells Fargo, Cupertino , California

☆ Stock market today: Indexes edge up after Fed and as trader eye Apple earnings
▼ + stars: | 2024-05-02 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

US stocks rose Thursday after the Fed meeting and as investors eyed Apple earnings. Expectations heading into Apple earnings are mixed, with analysts seeing a tough period for the iPhone maker. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS stocks rose Thursday morning following Wednesday's Federal Reserve meeting and as traders geared up for Apple earnings after the closing bell. Expectations are for the tech firm to report revenue of $90.33 billion and earnings per share $1.50.

Persons: —, Jerome Powell, Powell Organizations: Apple, Service, Reserve, Labor Department, Dow, Nasdaq

☆ Cramer's week ahead: Fed meeting and earnings from Apple, Amazon, Eli Lilly
▼ + stars: | 2024-04-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

It's a week jam-packed with notable events, including earnings from Apple , Amazon and Eli Lilly . He also said to pay attention to Wednesday's Federal Reserve meeting and Friday's employment figures from the Department of Labor. "We have to run such a ridiculous gauntlet next week that I have no idea how it'll play out," he said. Wednesday also brings reports from Wingstop , Carvana and Marriott . Apple will report on Thursday, and Cramer noted there's been a lot of negative sentiment from investors surrounding the company.

Persons: CNBC's Jim Cramer, Eli Lilly, Jensen Huang, Cramer, it's, he'll, Seagen, there's Organizations: Apple, Federal Reserve, Department of Labor, Nvidia, Food and Drug Administration, Starbucks, CVS, Pfizer, Amazon, Walgreens, Marriott, Vision Locations: It's, China, Wingstop, Carvana

☆ A key segment of the Treasury market is on a record losing streak ahead of the Fed meeting
▼ + stars: | 2024-03-19 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The price of bond funds like TLT move in the opposite direction of bond yields, meaning lower prices equal higher yields. TLT 1M mountain The iShares 20+ Year Treasury ETF has fallen for eight straight trading sessions. Only two of the trading sessions have seen a decline of more than 0.5%. One of the TLT's main competitors, the Vanguard Long-Term Treasury ETF (VGLT) , also fell for eight-straight trading sessions. The iShares 1-3 Year Treasury Bond ETF (SHY) has only fallen in five of the past eight sessions, for example.

Persons: Jason Goepfert Organizations: U.S . Treasury, Treasury Bond ETF, Treasury, Federal, White Oak Consultancy

☆ Wall Street sees more upside for these 5 portfolio stocks — all tech except for 1 retailer
▼ + stars: | 2024-02-03 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Wall Street analysts had a lot to say about our portfolio names as Big Tech earnings dominated the action. Alphabet Wall Street's call: Goldman Sachs raised Alphabet's 12-month price target to $171 per share from $164 after earnings. The Club's take: We raised our price target on Alphabet's following its post-earnings slump. Meta Platforms Wall Street's call: Meta Platforms received tons of price target increases Friday. Meta shares jumped more than 20% on Friday to a new record-high close.

Persons: Goldman Sachs, Goldman, we're, Jim Cramer, Meta, Mark Zuckerberg, CY27E, Oppenheimer, COST's, Jim Cramer's, Jim, Brendan Mcdermid Organizations: Wednesday's Federal, Wall Street, Big Tech, Microsoft, Barclays, Super, Citi, Meta, Investors, Nvidia, Bank of America, Club, Costco, CNBC, Traders, New York Stock Exchange Locations: CY23, New York City, U.S

☆ The Fed's first rate cut won't happen until June after surprisingly cautious guidance from the central bank, Bank of America says
▼ + stars: | 2024-02-01 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The first Fed rate cut probably isn't coming until June, according to Bank of America. Central bank chief Jerome Powell pushed back on hopes for a March rate cut on Wednesday. AdvertisementThe Fed's first rate cut is now unlikely to come in March after the central bank struck a surprisingly hawkish tone at Wednesday's Federal Open Market Committee meeting, according to Bank of America. Investors still see an aggressive pace of rate cuts by the end of the year, despite lowered hopes for a March cut. AdvertisementExperts have warned that Fed rate cuts could be a double-edged sword for the economy, particularly if the Fed cuts interest rates rapidly.

Persons: Jerome Powell, —, Jerome Powell's presser, aren't, Powell, Jeff Gundlach Organizations: Bank of America, Service, Fed

On Wednesday, Brazil arrested two people on terrorism charges as part of an operation to take down a suspected Hezbollah cell planning attacks on Brazilian soil. Later that day, Mossad publicly thanked Brazil's police and said, "Given the backdrop of the war in Gaza," Hezbollah was continuing to attack Israeli, Jewish and Western targets. A spokesperson for the Israeli Prime Minister's Office, which oversees the Mossad, had no immediate comment. Brazil's Foreign Ministry told Israel this week that the diplomatic relationship would become unsustainable if any harm were to befall the trapped Brazilians, the sources said. The Iranian government and Hezbollah, an Iran-backed group in Lebanon, could not immediately be reached for comment.

Persons: Brazil's, Flavio Dino, Israel, Dino, Luiz Inacio Lula da Silva, Eli Cohen, Mauro Vieira, Vieira, Daniel Zonshine, Jair Bolsonaro, Lula, Zonshine, Andrei Rodrigues, Rodrigues, Gabriel Stargardter, Maytaal Angel, Jonathan Saul, Andrew Heavens, Brad Haynes, David Gregorio, Leslie Adler Organizations: RIO DE, Brazilian Federal Police, Prime, Office, Mossad, Foreign Ministry, Reuters, O Globo, Wednesday's Federal Police, Federal Police, Hezbollah, Thomson Locations: RIO DE JANEIRO, Brazil, Israel, Gaza, Bolivia, Colombia, Chile, Iran, Lebanon

☆ There are 2 factors that may be driving bond yields more than Fed meetings, Societe Generale says
▼ + stars: | 2023-11-02 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

Fed meetings may not be the biggest mover of the bond market, Societe Generale said. AdvertisementAdvertisementDespite US bond yields plunging after Wednesday's Federal Reserve meeting, central bankers may not be moving the market as much as other factors, according to Societe Generale. Another factor elbowing yields higher is the Bank of Japan, according to Edwards. AdvertisementAdvertisementThis week, the BoJ further loosened its grip on bond yields, marking another step back from its so-called yield curve control policy meant to stimulate the economy by keeping interest rates low. "That pressure intensified at exactly the same time as it became apparent just how gargantuan US Treasury issuance had become," he added.

Persons: —, Albert Edwards, Fedspeak, Edwards Organizations: Societe Generale, Bank of Japan, Service, Reserve, Treasury, Treasury Department

☆ Cramer's week ahead: Federal Reserve meeting, Apple and Eli Lilly earnings
▼ + stars: | 2023-10-27 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday told investors what he'll be focusing on in the coming week, namely Wednesday's Federal Reserve meeting and earnings reports from companies such as Eli Lilly and Apple . Cramer noted that recent days have been "brutal" for the stock market and bemoaned the bond market's effect on stocks. On Monday, Cramer will be waiting to see the results of McDonald's earnings report. Cramer called Thursday the most important business day of the week, with earnings from drug maker Eli Lilly and tech giant Apple. EOG Resources , which Cramer said is among the best oil and gas companies alongside Coterra , reports earnings after the bell Thursday followed by a Friday conference call.

Persons: CNBC's Jim Cramer, Eli Lilly, Apple, Cramer, he'll, Eaton, Eli Lilly's Mounjaro Organizations: Reserve, Caterpillar, Micro Devices, CVS, Yum Brands, KFC, Taco Bell, Apple, EOG, Treasury

☆ Take the Fed forecast with a grain of salt. It has a terrible track record
▼ + stars: | 2023-09-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

On Wednesday, the Federal Reserve will publish its latest economic forecasts. Swedroe recently wrote an article where he looked at one simple metric: the Fed's effort to project its interest rate increases for 2022. The Federal Reserve raised the Fed funds rate seven times in 2022, ending the year with the target rate at 4.25%-4.50%. Yet the Fed has a poor track record predicting not just interest rates, but other issues such as GDP growth. Swedroe's conclusion: "If the Federal Reserve, which sets the Fed funds rate, can be so wrong in its forecast, it isn't likely that professional forecasters will be accurate in theirs."

Persons: Larry Swedroe, Swedroe, Federal Reserve — Organizations: Federal Reserve, Strategic, Federal, CPI, New York Stock Exchange

☆ Weekly mortgage demand increases, driven by a strange surge in refinancing
▼ + stars: | 2023-09-20 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Mortgage rates rose again last week, and so did demand for refinances, which at face value doesn't make a lot of sense. Applications to refinance a home loan jumped 13% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Refinancing demand usually moves in the same direction as mortgage rates, but that was not the case. Applications for a mortgage to purchase a home increased 2% for the week and were 26% lower than the same week one year ago. "Purchase applications increased for conventional and FHA loans over the week," said Joel Kan, an MBA economist in a release.

Persons: Joel Kan, Homebuyers, Jerome Powell Organizations: Mortgage, Wednesday's, Reserve

☆ Jim Cramer sees encouraging signs around demand for Apple's latest iPhone
▼ + stars: | 2023-09-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Apple preorders Delivery dates for the iPhone 15 suggest that demand for Apple' s (AAPL) newest smartphone is outpacing supply, Goldman Sachs said in a note to clients Monday. 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, Goldman Sachs, Preorders, Goldman, he's, Jim Cramer's Organizations: CNBC, Dow Jones, Nasdaq, Dow, Oracle, Apple, Apple Watch, Pro Max Locations: China

☆ Cramer explains how four different camps of buyers see mixed messages in the Fed's rate strategy
▼ + stars: | 2023-06-15 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday explained four different schools of thought in examining the mixed messages they took from Wednesday's Federal Reserve meeting. Cramer noted that the first camp of buyers believe the Fed's bark is worse than its bite and don't think it will end up hiking rates to the point of recession. These buyers, according to Cramer, are investing in industrial companies that do well in a bustling economy. Cramer believes these buyers would be wise to invest in Big Pharma because the industry is "more or less recession-proof." "When you put these four, often contradictory, groups of buyers together, you can get a magnificent run across the board like we had today," Cramer said.

Persons: CNBC's Jim Cramer, Cramer, Eli Lilly, Johnson Organizations: Wednesday's Federal, Fed, Big Pharma Locations: Cava

☆ Homebuilder ETFs could get another boost if the Fed stops after one more rate hike
▼ + stars: | 2023-05-03 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Mortgage rates are tied indirectly to the Fed through the yield on the 10-year Treasury note, and could still move around while the central bank is paused. The ETFs that track the industry have already outperformed this year, rebounding from dramatic declines in 2022. The rapid Fed rate hikes last year appeared to spook consumers, who saw their future monthly payments climb sharply just while they were in the midst of searching for new homes. ITB YTD mountain Homebuilder ETFs like the ITB have outperformed in 2023. And a relatively stable interest rate outlook should make it easier for the homebuilders to hit those raised estimates, according to their own executives.

☆ Wednesday, May 3, 2023: Cramer says these stocks are buys after reporting earnings
▼ + stars: | 2023-05-03 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Wednesday, May 3, 2023: Cramer says these stocks are buys after reporting earningsJim Cramer and Jeff Marks preview Wednesday's Federal Reserve decision on interest rates. Jim insists Club members do not sell one stock in the portfolio even though it is surging. Jim also runs the gamut on several Club stocks after reporting earnings, some of which he says are buys right now.

☆ Tuesday, May 2, 2023: Cramer exits this tech position
▼ + stars: | 2023-05-02 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Tuesday, May 2, 2023: Cramer exits this tech positionJim Cramer and Jeff Marks preview Wednesday's Federal Reserve decision and several economic data releases this week. Jim shares why he is exiting a tech position in the portfolio and says the move reflects their desire to shed a laggard and caution ahead of four possible landmines for the market, including the debt ceiling. Jim also breaks down why now is not the right time to buy one Club stock set to report earnings today after the closing bell.

March 22 (Reuters) - U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing First Republic Bank, as central banks assess whether turmoil in banking makes interest rate rises less pressing. SVB's collapse kicked off a tumultuous 10 days for banks which led to the 3 billion Swiss franc ($3.2 billion) Swiss engineered takeover of Credit Suisse by rival UBS (UBSG.S). While that deal brought some respite to battered banking stocks, U.S. lender First Republic (FRC.N) remains firmly in the spotlight. Reuters Graphics Reuters Graphics'HEAD IN SAND'The wipeout of Credit Suisse's Additional Tier-1 (AT1) bondholders has sent shockwaves through bank debt markets. For now, the Swiss bank rescue appears to have assuaged the worst fears of systemic contagion, boosting shares of European banks (.SX7P) and U.S. lenders (.SPXBK).

But an unexpected jump in UK inflation last month led investors to bet heavily that the Bank of England will raise interest rates by at least another 25 bps on Thursday. SVB's collapse kicked off a tumultuous 10 days for banks which led to the 3 billion Swiss franc ($3.2 billion) Swiss regulator-engineered takeover of Credit Suisse by rival UBS. While that deal brought some respite to battered banking stocks, U.S. lender First Republic remains firmly in the spotlight. First Republic (FRC.N) shares fell 9% in extended trade on Tuesday, having surged as much as 60% at one stage. For now, the Swiss bank rescue appears to have assuaged the worst fears of systemic contagion, boosting shares of European banks (.SX7P) and U.S. lenders (.SPXBK).

☆ As the Fed meets on Wednesday after bank runs, a market analyst shares 4 key questions investors desperately need answered — and his prediction for how stocks will react
▼ + stars: | 2023-03-21 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Investors should pay attention to whether the Fed sees the bank collapses as deflationary. The fallout from Silicon Valley Bank and Credit Suisse crises could result in a credit crunch. The Federal Deposit Insurance Corporation (FDIC) has officially added Signature Bank and Silicon Valley Bank to the failed bank list after swooping in to save depositors. There's a growing view that the fallout from the Silicon Valley Bank and Credit Suisse crises could result in a credit crunch and create a deflationary environment. The bank expects rate hikes to resume in May, June, and July at 25 bp each for a fed's fund rate of 5.25 to 5.5%.

☆ Fed will be more hawkish as they continue raising rates, says RiverFront's Kevin Nicholson
▼ + stars: | 2023-02-23 | 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 EmailFed will be more hawkish as they continue raising rates, says RiverFront's Kevin NicholsonKevin Nicholson, RiverFront Investment Group CIO of global fixed income, and Aoifinn Devitt, Moneta CIO, joins 'Squawk Box' to discuss the Wednesday's Federal Reserve minutes, the debate happening at the Fed and more.

☆ Watch CNBC's full interview with RiverFront's Kevin Nicholson and Moneta's Aoifinn Devitt
▼ + stars: | 2023-02-23 | 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 full interview with RiverFront's Kevin Nicholson and Moneta's Aoifinn DevittKevin Nicholson, RiverFront Investment Group CIO of global fixed income, and Aoiffin Devitt, Moneta CIO, joins 'Squawk Box' to discuss the Wednesday's Federal Reserve minutes, the debate happening at the Fed and more.

The central bank lifted its main funds rate by 25 bps to its highest since 2007 as it continued its fight against inflation. Yet the S&P 500 (.SPX) hit a five-month high, as traders focused resolutely on the idea that the world's most influential central bank would change course soon. Government bond markets meanwhile continued to price in rate cuts by year-end as the economic cycle turns. Over in Europe, the European Central Bank delivered a hefty 50 bps hike on Thursday and promised more of the same for March and beyond. "In terms of the impact of (central bank) hawkishness on markets," he added, "this has significantly softened."

☆ Sooner or later, Fed may need technical tweaks for rate control toolkit
▼ + stars: | 2023-02-01 | by ( Michael S. Derby | ) www.reuters.com time to read: +4 min

The tweaks they envision are not shifts in the federal funds target rate, the central bank’s main tool for influencing the economy to achieve its job and inflation goals. Those two rates exist to keep the market-driven fed funds rate in the desired range. One, called the reverse repo rate, sets a floor underneath short-term rates, while another, which pays deposit-taking banks to park cash at the Fed, sets the high end. Those adjustments happened purely to ensure control of the fed funds rate, while this sort of move would speak more directly to bigger monetary policy concerns around managing the size of its $8.5 trillion balance sheet. Some in the market fear rate control toolkit tweaks might create unneeded headaches if done too aggressively.

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