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☆ Stocks are having their best run since 2021. Can they beat the August doldrums?
▼ + stars: | 2023-08-01 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

On average, August has been the worst performing month for stocks since 1986, according to Morningstar. That means the dwindling number of traders who remain must take extra care in a such a potentially volatile environment. 99-year-old trucking company Yellow shuts downYellow Corp., a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will lay off all 30,000 of its workers, reports my colleague Chris Isidore. He said the company began taking on significant amount of debt 20 years ago in order to acquire other trucking companies. “Now their debt service is just enormous,” he said, pointing to $1.5 billion in debt on its books.

Persons: Morningstar, It’s, it’s, ”, Michael Landsberg, Landsberg, “, ” Jackson, Jerome Powell, Barbie, Barbie ”, “ Oppenheimer, Eva Rothenberg, “ Barbenheimer ”, “ Barbie, Chris Isidore, Satish Jindel, Tom Nightingale, Read Organizations: CNN Business, Bell, New York CNN, Nasdaq, Apple, Landsberg Bennett, Wealth Management, Federal Reserve Bank of Kansas, Fed, Dow, AMC, Oppenheimer AMC Theaters, CNN, Warner Bros, Corp, Teamsters, AFS Logistics, “ Locations: New York, Jackson Hole , Wyoming, Washington, Nashville , Tennessee

☆ Three-Stock Lunch: UPS, Moderna and Coinbase
▼ + stars: | 2023-07-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: UPS, Moderna and CoinbaseMichael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Power Lunch' to discuss Landsberg's thoughts on three stocks: UPS, Moderna, and Coinbase.

Persons: Coinbase Michael Landsberg, Landsberg Bennett Organizations: Moderna, Wealth Management Locations: Landsberg

☆ 'AI excitement is becoming irrational': 4 Wall Street strategists break down why investors should proceed with caution around artificial intelligence stocks as hype around the technology grows
▼ + stars: | 2023-06-13 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

This is mind, some strategists are urging investors to proceed with caution around the technology. Below, we've compiled quotes from strategists who are warning investors not to get caught up in the hype. For example, of the top-ten technology stocks at the peak of the Tech Bubble, only two remain in the top ten today," he continued. He said he plans on reducing his positions in some AI stocks. "The excitement about generative AI has distracted investors from the possible risks of a looming recession," Goodwin said on June 6.

Persons: we've, Jason Pride, Michael Landsberg, Wealth Management Landsberg, Michael Kantrowitz, Piper Sandler Kantrowitz, Piper Sandler, Kantrowitz, Piper Sandler Lauren Goodwin, Goodwin Organizations: Tech, Landsberg Bennett, Wealth Management, New York

"While it appears to be a hot number on the actual number of people employed, the wage rate is not increasing as fast," said Kim Forrest, chief investment officer at Bokeh Capital Partners in Pittsburgh. The data brought relief to investors who mostly expect the Fed to pause hiking rates at its policy meeting on June 13-14. But some pointed to the much hotter-than-expected jobs data as a sign the Fed still has not yet tamed inflation. All 11 S&P 500 sectors advanced, with the materials index (.SPLRCM) leading, up 3.4%, and the consumer discretionary sector (.SPLRCD), housing Amazon, close behind, rising 2.2%. The S&P 500 posted 15 new 52-week highs and two new lows; the Nasdaq Composite recorded 74 new highs and 40 new lows.

Persons: Kim Forrest, Phil Orlando, Nobody’s, Michael Landsberg, Herbert Lash, Shreyashi Sanyal, Shristi, Shashwat Chauhan, Nivedita Bhattacharjee, Maju Samuel Organizations: Amazon, Nvidia, Reserve, Labor Department, Bokeh Capital Partners, Fed, Federal Reserve, Federated Hermes, Reuters Graphics Reuters, Dow Jones, Nasdaq, Dow, Verizon Communications Inc, T Inc, Mobile US Inc, Inc, U.S, Verizon, Mobile, Nvidia Corp, Landsberg Bennett, Wealth Management, NYSE, Thomson Locations: Washington, Pittsburgh, New York, Punta Gorda , Florida, Bengaluru

☆ As Wall Street pushes valuations of AI companies into the atmosphere, America's small businesses are getting more 'AI curious,' survey shows
▼ + stars: | 2023-06-01 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

"Small businesses are AI-curious," American Express said about its survey of 550 small business leaders. "Small businesses are AI-curious," American Express said about the results of its recently released survey of 550 small business leaders. The survey, which ran in March, showed that 41% of small businesses are prioritizing AI to help them make decisions. The findings come as Wall Street is in the midst of an investment frenzy set off by last year's introduction of natural-language chatbot ChatGPT. But AI stocks have jumped so much that some on Wall Street think it's time to reduce risk and capture some profits.

Persons: —, Michael Landsberg Organizations: Express, Service, Nvidia, Big Tech, Google, Microsoft, Landsberg Bennett, Wealth Management

☆ Parts of the market are getting pricey. But analysts like these 4 cheap stocks
▼ + stars: | 2023-05-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

But only a few stocks — namely mega-cap tech — are responsible for most of the gains , according to analysts. Some analysts, however, believe some parts of the markets are still worth buying. Stock picks In fact, some analysts and portfolio managers recently named stocks that are still cheap, including some in the tech sector. "What's not cheap — our growth stocks and tech stocks and they've had a massive rally here … And those stocks are trading at multiples of in excess of 30 times earnings," he told CNBC's "Street Signs Asia" last week. Look at what's out of favor — value stocks, and particularly cyclical stocks."

☆ An investment chief who manages $1 billion in assets shares 10 investments that will reduce your portfolio's volatility while this bear market lasts longer than expected.
▼ + stars: | 2023-05-03 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Here are 10 ways to protect against losses and volatility in this long-lasting bear market. "It went beyond dodging a bullet," Steve Sosnick, the chief strategist at Interactive Brokers, said of first quarter earnings results in a late April interview with Insider. Weaker earnings raise valuation concernsBut some investors aren't impressed by Q1 earnings — at least not enough to get bullish. Besides weaker earnings growth and lofty valuations, another risk for stocks is that upcoming quarterly results will miss higher expectations in a shaky economy. "We're still looking at fairly high-single-digit earnings growth for the next couple of quarters overall," Sosnick said.

☆ Strategists say it’s a stock picker’s market right now — and name their top picks
▼ + stars: | 2023-03-08 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Against this backdrop, a slew of strategists are calling it a stock picker's market and advising investors to be particularly mindful of the companies they invest in. "You really do need to have discipline, but this is definitely a stock picker's market. The SOXX, which offers investors exposure to a basket of U.S.-listed semiconductor stocks, is up more than 20% this year. She believes the current macro backdrop is a "stock picker's scenario" that calls for "an active trading environment." The stock has a current dividend yield of 2.7%, higher than the industry average of 0.8%, according to FactSet data.

☆ Veteran investor says we're in another bear market rally — and names the stocks to trade it
▼ + stars: | 2023-03-07 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Despite the volatility, the Dow Jones Industrial Average , S & P 500 , and Nasdaq Composite all remain in positive territory — but market watchers are divided on whether this is the start of a new bull market or just another bear market rally. Michael Landsberg, partner and chief investment officer at Landsberg Bennett Private Wealth Management, is firmly in the latter camp. Several risks remain in the market, according to Landsberg. For example, short-duration fixed income is an "attractive" area of the market right now, according to Landsberg. One sector that Landsberg is avoiding is "profitless tech," as he believes earnings in the sector will continue to decelerate.

☆ Wall Street pros name the biggest risk to stock markets — and how to trade it
▼ + stars: | 2023-03-06 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Top of mind, however, is undoubtedly the path of interest rate hikes, with market pros nervously looking to the Federal Reserve's next rate decision on Mar. Anastasia Amoroso, chief investment strategist at iCapital, believes the "biggest market risk" right now is the Fed raising the terminal rate to a range of 6% to 6.5%. One obvious area fixed income, with Ma Yung-Yu, chief investment strategist at BMO Wealth Management, calling the asset class a "welcome relief and benefit to the portfolio." David Dietze, managing principal at Peapack Private Wealth Management, believes investors should "stay the course" in stocks. He noted that stock prices are "off their highs" — and the market has never failed to rebound to new highs.

☆ Veteran investor says 'tech is dead,' names safer stocks to weather the 'current storm'
▼ + stars: | 2023-01-19 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Stock picks Against that backdrop, Landsberg said he favors the consumer staples and health care sectors. Consumer staples will therefore be a better trade than discretionary stocks as consumer spending power is reined in, he added. They are still going to have to buy some of these things, and that's going to be a spot that's going to hold up better." It is a leading player in consulting but more importantly in tech consulting, which is cybersecurity, artificial intelligence, and defense," Landsberg said. "With cyberattacks around the world that's going to continue, I don't see them really having a problem getting more business and continuing the business that they have," he added.

☆ Investors can find market opportunities in select sectors, says Michael Landsberg
▼ + stars: | 2022-12-23 | 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 EmailInvestors can find market opportunities in select sectors, says Michael LandsbergMichael Landsberg, chief investment officer of Landsberg Bennett Private Wealth Management, and Ross Mayfield, investment strategy analyst at Baird, join CNBC's 'Squawk Box' with potential investment strategies ahead of the open.

☆ The consumer scares me a little bit, says Landsberg Bennett's Michael Landsberg
▼ + stars: | 2022-12-02 | 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 scares me a little bit, says Landsberg Bennett's Michael LandsbergMichael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Power Lunch' to discuss why defensive positioning is the way to invest now, what happens if rates stay higher for longer and more.

☆ 3 Wall Street experts share what to do with your money now as cooling inflation has investors hopeful for a Fed pivot
▼ + stars: | 2022-11-12 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

The S&P 500 jumped 5.5% on Thursday on news of cooling inflation. Investors are hoping the Fed will back off of hawkish policy sooner than they say. The SPDR S&P 500 Trust (SPY) offers exposure to the S&P 500 index. "Investors should take steps to ensure that their portfolio is positioned for a global recession, as the stock market still isn't pricing in this global recession risk," Landsberg said. We are bearish on the sectors that we think will do poorly in a global recession such as tech and discretionary."

☆ The road to year-end gains for stocks will be hammered by volatility as investors try 'sniffing out' a rollover in inflation and a Fed U-turn on rates
▼ + stars: | 2022-11-12 | by ( Carla Mozée | ) www.businessinsider.com time to read: +6 min

Stocks powered higher this week after the October inflaton report but the path to year-end gains remains volatile, market analysts say. It won't be a straight-up rally," Nancy Tengler of Laffer Tengler Investments says. People covering short positions and outsized influence of trading algorithms appeared to have helped fuel Thursday's rally, Tengler said in taking a broader view of that day's run higher. Another inflation report is due before the Fed's next meeting. "If there's still work to be done with inflation then rates are still going to go higher.

☆ What investors should buy in this 'short lived' rally, according to one analyst
▼ + stars: | 2022-11-01 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

After October's stock market rally , investors are debating whether stocks have hit the bottom or if it's another short-lived bounce. We're having a little bit of a rally here — I think, again, short lived," he told CNBC's Street Signs Asia on Monday. "Investors should be adding money to the areas that will do OK in a global recession; short the areas that will not." What to avoid Landsberg said he would short tech, high-yield credit, and European assets. His firm has short positions in: ProShares Short QQQ, ProShares Short S & P 500, ProShares Short Russell 2000, ProShares Short MSCI EAFE, ProShares Short Hi Yield and ProShares Short Financials.

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