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☆ History shows this 4th quarter rally is likely almost over
▼ + stars: | 2022-11-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

Canaccord Genuity isn't expecting the S & P 500 to go much higher before year-end. "History shows any year with such a weak start through the first three quarters leads to a fourth-quarter rally with an end-of-quarter gain between 8-12%," Dwyer wrote in a note Monday. Only 2008 saw a negative fourth quarter after a similar weak start, he added. The S & P is up 10.16% so far this quarter, as of Monday's close. "The SPX closed last week in the middle of that expected outcome range suggesting no significant tactical edge into year-end," Dwyer said.

☆ Goldman’s official 2023 outlook is here: Where it thinks the market is headed and what to buy
▼ + stars: | 2022-11-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Goldman Sachs is predicting zero earnings growth in 2023, with stocks ending the next year essentially flat. The firm is pegging 2023 S & P 500 earnings-per-share flat at $224 and the index ending next year at 4,000, just over 1% from Monday's close. The bank's EPS yield for the next 12 months is 14%, while its estimated EPS will decline by 12% in 2023, according to Goldman. Walgreens's EPS yield for the next 12 months is 11% and its estimated 2023 earnings growth is 2%, Goldman found. Its next-12-month EPS yield is 7% and its estimated EPS growth for 2023 is 4%, according to Goldman.

☆ Retail traders have been selling into the rally, but they are buying two tech names
▼ + stars: | 2022-11-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Retail traders have dumped select big-name tech stocks in the past week, making it the biggest selling week since March 2020, according to JPMorgan. The sell-off followed last month's dismal earnings week for Big Tech as companies floundered due to slides in advertising revenue. On a net basis, retail investors sold $657 million in Amazon shares and $612 million in Apple, JPMorgan found. On a net basis, retail investors sold $408 million of the chipmaker's shares in the past week, according to JPMorgan. Meanwhile, retail investors were net buyers of Alibaba , snapping up $92 million in shares in the past week.

☆ Treasury yields rise as investors digest inflation data, look to retail sales figures
▼ + stars: | 2022-11-16 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: +1 min

The benchmark 10-year Treasury yield was trading at 3.8142% at around 4:00 a.m. U.S. Treasury yields inched higher on Wednesday as markets absorbed wholesale inflation data and awaited the release of retail sales data for October. October's producer price index data, released on Tuesday, showed that wholesale prices rose less than expected throughout the month. Markets broadly took this as a sign that inflation is indeed easing, as suggested by last week's consumer price index figures. Retail sales data for October is due to be released on Wednesday and will provide insights into the state of the U.S. economy and the impact of inflation on consumer demand.

☆ Toys, washing machines, doughnuts: 10 items that actually got cheaper last month
▼ + stars: | 2022-11-16 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

But the price of some items actually declined in the last month, from washing machines to jewelry to doughnuts. Inflation has cooled from a year-over-year June peak of 9.1% to 7.7% in October, so declines are expected for some items. Given the slowing economy and widespread concerns of a recession, price drops for high-end luxury items like smartphones and jewelry are to be expected, too, he says. While this is good news for shoppers, most items with price declines in October are still more expensive than they were last year. For instance, prices for washers and dryers declined by 7.8% last month, but they are still up 1.5% compared to last October.

☆ Charts suggest the market could rally through mid-December, Jim Cramer says
▼ + stars: | 2022-11-15 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday said that the market's current rally could last through the middle of next month, leaning on charts analysis from Jessica Inskip, OptionsPlay's director of education and product. "The charts, as interpreted by Jessica Inskip, suggest that this rally could potentially have real legs, at least through mid-December. Things could change as we get closer to the next Fed meeting a month from today, but in the meantime, there's a lot to like about this market," he said. Stocks rose on Tuesday after the October producer price index data signaled that inflation is cooling, just one week after a lighter-than-expected consumer price index report indicated that the prices of goods and services are increasing at a slower pace. In addition, the Federal Reserve's next meeting and the November consumer price index data release don't take place until next month.

☆ Jim Cramer says there's a ‘real possibility’ the Fed can engineer a soft landing
▼ + stars: | 2022-11-15 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday said that he believes the Federal Reserve could manage to tamp down inflation without throwing the economy into a recession. It helps that we've finally worked out the kinks in the supply chain that were creating shortages all over the place. Put it all together, and there's a real possibility the Fed can indeed engineer that fabled soft landing for the economy," he said. Stocks rose on Tuesday after October producer price index data indicated that inflation is cooling, just one week after a lighter-than-expected consumer price index report spurred a rally. "That's good for Ollie 's, great for TJX … terrific for the consumer, amazing for the Fed, and therefore perfect for investors.

☆ INDIA STOCKS Indian shares may edge higher as inflation eases
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Nov 15 (Reuters) - Indian shares are expected to open slightly higher on Tuesday, as data showing annual retail inflation eased to a three-month low in October strengthened bets of smaller interest rate hikes from the country's central bank. Globally, investors will get another look at U.S. inflation when the producer price index data is released later in the day. ** Tyremaker Apollo Tyres (APLO.NS) reported a rise in quarterly profit. ** Biocon (BION.NS) reported a decline in quarterly profit as the drugmaker booked a heavy tax expense. ** Indian viscose and chemicals manufacturer Grasim Industries (GRAS.NS) reported a fall in quarterly profit, with brokerage Jefferies saying global slowdown weighed on earnings.

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was up 0.1%, following mild losses for U.S. overnight. Australian shares (.AXJO) lost 0.28%, while Japan's Nikkei stock index (.N225) was off 0.16%. In Hong Kong, the Hang Seng Index (.HSI) was flat while China's CSI300 Index (.CSI300) was down 0.3%. Some Chinese cities have begun cutting routine community testing, days after China announced an easing of some of its heavy-handed coronavirus measures. China reported 17,909 new COVID-19 infections on Nov. 14 compared with 16,203 a day earlier.

☆ We just got another strong sign inflation is cooling off
▼ + stars: | 2022-11-15 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

Producer Price Index data out Tuesday shows another sign that inflation is cooling. October's rise marks another month of PPI for final demand falling below the previous year-over-year increase; October's year-over-year increase of 8.0% falls below the 8.4% increase seen in September. Looking at month-over-month data, PPI increased 0.2% over the month in October, like it did in September, based on seasonally adjusted figures. With both showing signs of cooling, PPI and CPI data together show that the worst of inflation could be over. The Dow also saw a massive rise on November 10, the day of the release of October's CPI data.

☆ Producer prices grow by 8% in October, less than expected
▼ + stars: | 2022-11-15 | 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 EmailProducer prices grow by 8% in October, less than expectedCNBC's Rick Santelli joins 'Squawk Box' to break down October's producer price index data, which came in less than expectations.

☆ The Fed could pause its interest rate hikes right now, says Wharton's Jeremy Siegel
▼ + stars: | 2022-11-15 | 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 EmailThe Fed could pause its interest rate hikes right now, says Wharton's Jeremy SiegelJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to react to October's producer price index data.

☆ Watch CNBC's full interview with Wharton's Jeremy Siegel on the Fed, markets and more
▼ + stars: | 2022-11-15 | 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 EmailWatch CNBC's full interview with Wharton's Jeremy Siegel on the Fed, markets and moreJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to react to October's producer price index data. Siegel also breaks down his outlook for future interest rate hikes from the Federal Reserve and more. "They're probably going to go 50 basis points, but that should be the absolute pause," Siegel tells CNBC.

☆ INDIA STOCKS Indian shares edge down as consumer, tech stocks drag
▼ + stars: | 2022-11-15 | by ( Praveen Paramasivam | ) www.reuters.com time to read: +2 min

[1/2] A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, December 11, 2018. REUTERS/Francis MascarenhasBENGALURU, Nov 15 (Reuters) - Indian shares gave up opening gains on Tuesday, dragged by consumer and IT stocks, as investors secured profits after a four-week rally, even as data showed annual retail inflation for October eased roughly in line with estimates. Slower rise in food prices helped India's annual retail inflation ease to 6.77% in October, from 7.41% in the previous month, data showed on Monday. More than 1,000 companies reported their quarterly results on Monday as the country's month-long earnings season drew to a close. Globally, investors will get another look at U.S. inflation when the producer price index data is released at 1330 GMT.

☆ 3 takeaways from our daily meeting: Investor discipline, EL acquisition, TJX earnings
▼ + stars: | 2022-11-15 | by ( Krystal Hur | ) 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. Investor discipline EL to acquire Tom Ford TJX earnings ahead 1. EL to acquire Tom Ford The Wall Street Journal reported on Monday that cosmetics giant Estee Lauder (EL) is nearing a deal to purchase luxury fashion house Tom Ford for roughly $2.8 billion. We like Tom Ford as a prestige apparel brand, though that's not in Estee Lauder's wheelhouse of skincare and makeup. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ UBS says disinflation is on the way — and shares 8 global stocks to play it
▼ + stars: | 2022-11-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

After a year of double-digit inflation in many countries, UBS is now forecasting "sharp" disinflation in 2023. The bank screened for stocks it expects to be positively impacted in such an environment. The table below shows two stocks across four regions that UBS says will benefit the most from disinflation. British healthcare companies Genus and Hikma Pharmaceuticals ranked highly among the stocks UBS says will benefit from disinflation in the United Kingdom. "The negative payoff from getting our disinflation call wrong is large," strategists led by Arend Kapteyn warned.

See more mortgage rates on Zillow Real Estate on ZillowToday's refinance ratesMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage calculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. Whether mortgage rates will drop in 2023 hinges on if the Federal Reserve can get inflation under control. If the Fed acts too aggressively and engineers a recession, mortgage rates could fall further than what current forecasts expect. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

☆ EXCLUSIVE Yellen says doesn't know if lower U.S. inflation data is turning point
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +1 min

NEW DELHI, Nov 11 (Reuters) - U.S. Treasury Secretary Janet Yellen told Reuters on Friday that it was good to see the latest U.S. inflation data that suggests upward pressures are easing, but added that it was unclear if inflation has a reached a turning point to continue moving lower. "I don't know if this is a turning point," Yellen said in an interview in New Delhi a day after October U.S. Consumer Price Index data logged its smallest gain since January at a 7.7% annual rate. "I never make more of one data point. That is one data point," Yellen said of the Commerce Department report. "It was certainly nice to see an inflation report that came in on the low side of expectations rather than the high side and, you know, we've seen early indications along the pipeline that inflation might be diminishing."

☆ Partners Group buys data center platform EdgeCore Digital with $1.2 bln investment
▼ + stars: | 2022-11-11 | by ( Krystal Hu | ) www.reuters.com time to read: +1 min

Nov 11 (Reuters) - Swiss private investment company Partners Group Holding AG (PGHN.S) is investing up to $1.2 billion in U.S. data center operator EdgeCore Digital Infrastructure, the private equity firm told Reuters. Partners Group will use the fund to acquire a majority stake in EdgeCore and help it build out new data center sites across the United States, the latest of Partners' investment in data center assets. Some of the themes include cloud computing, machine learning, artificial intelligence, 5G and mobile," said Ed Diffendal, managing director at Partners Group. In 2021, Partners Group made four digital infrastructure investments, including acquiring atNorth, the largest data center operator in Iceland. Founded in 1996, Partners Group manages $119 billion across private equity, real estate, infrastructure, credit and secondaries globally.

But rates have trended back down over the past few days, with 30-year fixed rates now holding steady below 7%. See more mortgage rates on Zillow Real Estate on ZillowMortgage calculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 30-year fixed mortgage ratesThe current average 30-year fixed mortgage rate is 7.08%, according to Freddie Mac. 15-year fixed mortgage ratesThe average 15-year fixed mortgage rate is 6.38%, an increase from the prior week, according to Freddie Mac data. Historically, adjustable mortgage rates tend to be lower than 30-year fixed rates.

☆ Cramer’s week ahead: The market needs weak retail sales data to stay strong
▼ + stars: | 2022-11-11 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Home DepotQ3 2022 earnings release at 6 a.m. ETProjected EPS: $4.12Projected revenue: $37.94 billionWednesday: Lowe's, TJX, Target, NvidiaLowe'sQ3 2022 earnings release at 6 a.m. TargetQ3 2022 earnings release at 6:30 a.m. Thursday: Kohl's, Gap, Palo Alto NetworksKohl'sQ3 2022 earnings release at 7 a.m. Friday: Foot LockerQ3 2022 earnings release at 6:45 a.m.

☆ Oil prices rise 1% after tepid U.S. inflation data
▼ + stars: | 2022-11-10 | by ( Shariq Khan | ) www.reuters.com time to read: +2 min

After three days of declines, crude futures rallied after the inflation data supported investor hopes that the U.S. Federal Reserve would temper its interest rate hikes, which could support oil demand. "(Consumer Price Index data) could be the turning point investors have craved," said Craig Erlam, senior market analyst at OANDA. Brent crude rose 94 cents, or 1%, to $93.59 a barrel by 12:52 a.m. EDT (1752 GMT). U.S. West Texas Intermediate crude rose 69 cents, or 0.8%, to $86.52. The U.S. dollar index , as the sunny economic data lured investors away from the safe-haven greenback towards riskier assets including oil.

☆ Jim Cramer says a slowdown in the logistics industry suggests inflation could be coming down
▼ + stars: | 2022-11-10 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Thursday said that inflation could finally be cooling off as the freight industry's pandemic boom wanes. "We caught a real break today with a much lower-than-expected consumer price index number, and a huge part of that came down to how much it costs to get goods to the consumer," he said. "Why would the Fed need to keep tightening ever harder if the root cause of inflation, moving stuff from place to place, is finally going in the right direction?" Stocks saw their biggest rally since 2020 on Thursday after October's consumer price index data came in lighter than expected, raising hopes that inflation could be peaking. Cramer said that he expects inflation to continue to cool when supply costs for the freight industry such as labor and equipment decline more.

☆ Josh Brown likes this coffee chain's stock for the long haul
▼ + stars: | 2022-11-10 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Josh Brown, CEO of Ritholtz Wealth Management, is praising coffee chain Dutch Bros as a stock with the "right" fundamentals that will perform in the long term. In addition, Bank of America said the stock should see success both long and short term. What's hurting the stock, Brown said, is that it went public in September 2021, which Brown called "the wrong time." He said investors should look at the stock long term rather than in the context of the current market downturn. And again, I'm hoping to be in it for the long term, not for a trade."

☆ Stock futures are flat as investors watch midterm results, await inflation data
▼ + stars: | 2022-11-09 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures are flat Wednesday night as investors await new inflation data and eye election results. Futures connected to the Dow Jones Industrial Average were up 11 points, or 0.03%. S&P 500 futures added 0.03%, while Nasdaq 100 futures gained 0.13%. Instead, key Senate races in Arizona, Georgia and Nevada remain tightly contested. It's a key report for the Federal Reserve, which will meet again in mid-December.

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