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☆ A less risky way to bet on a chip stock with a reasonable valuation ahead of earnings
▼ + stars: | 2023-11-20 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

These events could be company-specific, like earnings announcements, shareholder meetings, and presentations, or market-wide, such as macroeconomic data releases. An important part of our process is options market sentiment analysis . I've included that score related to our proprietary options market analysis in the table below. Options market sentiment analysis is a technique used to gauge investors' expectations and attitudes toward a particular stock or the market as a whole, based on options trading data. The benefit is that one is risking $3.30 in total, or about 1.8% of the current stock price.

Persons: I've Organizations: Devices, Deere, Deere & Co, DE Locations: HPQ

☆ Wall St Week Ahead After breathtaking surge, US stocks' path may rest on economic soft landing
▼ + stars: | 2023-11-17 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Nov 17 (Reuters) - Are U.S. stocks poised to continue their dramatic run, or is a pause ahead? The index is now up nearly 18% for the year and less than 2% away from its year-high, reached in July. Analysts at Ned Davis Research, which has been recommending an overweight to stocks, this week said investors should further shift into equities and away from bonds. One source of worry has been a renewed climb in stocks' valuations.

Persons: Brendan McDermid, ”, Yung, Yu Ma, Ned Davis, Ed Clissold, ” Robert Pavlik, Pavlik, Seasonality, LSEG Datastream, Jason Pride, Keith Lerner, Lewis Krauskopf, Ira Iosebashvili, Nick Zieminski Organizations: New York Stock Exchange, REUTERS, Federal, BMO Wealth Management, National Association of Active Investment, Reuters Graphics, Treasury, Ned, Ned Davis Research, “, CPI, Dakota Wealth, Nvidia, Advisory Services, Thomson Locations: New York City, U.S

☆ Wall St Week Ahead - After breathtaking surge, U.S. stocks' path may rest on economic soft landing
▼ + stars: | 2023-11-17 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Nov 17 (Reuters) - Are U.S. stocks poised to continue their dramatic run, or is a pause ahead? The index is now up 17% for the year and about 6% from its record closing high from January 2022. Analysts at Ned Davis Research, which has been recommending an overweight to stocks, this week said investors should further shift into equities and away from bonds. One source of worry has been a renewed climb in stocks' valuations.

☆ Wall Street turns to Nvidia earnings in the week ahead as stocks try to keep their November momentum
▼ + stars: | 2023-11-17 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Nvidia earnings will be in focus in the Thanksgiving-shortened week ahead, as investors consider the sustainability of the November rally heading into year-end. NVDA YTD mountain Nvidia YTD The chip giant's results will come amid a broad rally for equities this month. The S & P 500 has climbed more than 7%, and the tech-heavy Nasdaq Composite has advanced more than 9%. That stands in marked contrast to the S & P 500, which trades at a multiple of 22. Hopes for a dovish Fed Wall Street is also heading into next week after absorbing some positive news.

Persons: Timothy Arcuri, China —, Piper Sandler, Harsh Kumar, Quincy Krosby, Bill Baruch, CNBC's, That's, Bonds, Giuseppe Sette, Dow, Jeff Hirsch, —, Michael Bloom Organizations: Nvidia, UBS, Dow Jones Industrial, Nasdaq, Microsoft, LPL, Dow, Blue, Investors, Chicago Fed, HP Inc, Autodesk, Devices, Lowe's, Deere, P, PMI, P Global PMI Locations: FactSet, China, Treasurys, Lombard, Michigan

☆ Stock market looks to escape macroeconomic fears as it mounts a November comeback
▼ + stars: | 2023-11-11 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

.SPX YTD mountain S & P 500, YTD Progress, for sure, with something more to prove. And of course, the S & P had only just broken an eight-session win streak before then. There's no doubt the spread between, say, the Nasdaq 100 and the equal-weight S & P 500 is extreme this year, at some 42 percentage points. The S & P 500 High Beta Index, tracked by the SPHB ETF , now trades under 15-times forward earnings, down from 20-times in February and a current 18 for the S & P 500. Earnings growth — even if slow and unevenly bestowed across sectors — tends to limit equity downside at minimum.

Persons: that's, Disinflation Organizations: Federal, stoke, Treasury, Fed, NYSE, Trader's, Nasdaq, Beta Locations: Friday's

☆ Here are Wall Street’s favorite stocks into November — all expected to rise more than 20%
▼ + stars: | 2023-11-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Heading into November, CNBC screened for Wall Street's favorite stocks out of the S & P 500, or stocks that met the following criteria: Consensus 12-month price target calls for a 20% or more upside. The average analyst surveyed by LSEG, formerly known as Refinitiv, has a consensus potential upside of 23% on T-Mobile . The consensus price target for the stock implies a forecast upside of almost 24%. In October, Morgan Stanley named the stock as one of its favorite stock picks in a slowing, late-cycle economy. Other names beloved by Wall Street and highlighted in our screen include Targa Resources , Halliburton and Centene .

Persons: Stocks, Wall, Morgan Stanley Organizations: Dow Jones, Nasdaq, CNBC, LSEG, Mobile, Energy, Oil, Wall, Resources, Halliburton, Centene

☆ Something for the bulls: November is typically the best month for the stock market
▼ + stars: | 2023-10-31 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

November is typically an outperforming month for Wall Street, according to data from the "Stock Trader's Almanac." The benchmark S & P 500 and the Dow Jones Industrial Average have each historically posted an average gain of 1.7% in November, dating back to 1950. Those moves make November the strongest month of the year for the S & P 500 and the second-best month for both the Nasdaq and the 30-stock Dow, according to the almanac. The S & P 500 has slipped roughly 3% so far and is on track for a third-straight month of declines . The string of monthly losses would mark the first such occurrence for the S & P 500 since the height of the Covid-19 pandemic in 2020.

Persons: Jeff Hirsch, Hirsch, There's, there's, We've, doesn't, we're, they're Organizations: Wall, Dow Jones, Nasdaq, Dow Locations: lockstep

Despite a bleak month in October for the stock market, there may be some good news in store for at least four stocks in the Dow Jones Industrial Average . All three major market indexes are in the red this month, with the Dow off by 1.5% since the end of September. But investors may find some relief heading into the year end, since historically November has been a strong month for stocks. Analysts surveyed by LSEG have an average rating of hold on Caterpillar. Based on a consensus price target of $288, Caterpillar offers some 27% upside according to analyst estimates.

Persons: Dow, LSEG, Max, — CNBC's Christopher Hayes Organizations: Dow Jones, Stock, Dow, CNBC, Caterpillar, Analysts, LSEG, Boeing, Max . Insurance, UBS

☆ After a miserable October, the setup for stocks in November is looking better
▼ + stars: | 2023-10-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

After a miserable October, the setup for November is looking better. Barring a huge rally Tuesday, October will be the third-consecutive down month for the S & P 500 — that's unusual. 1 month for the S & P 500. It's just that stocks have sold off during earnings season because of the cautious outlook being projected on many earnings calls. The chances the S & P 500 would be down four months in a row is very small.

Persons: —, That's, Nicholas Colas, Colas, JPMorgan's Marko Kolanovic, It's, hasn't, Jonathan Krinsky Locations: DataTrek, Israel, BTIG

☆ If you sold in May, it's time to start buying again, says the Stock Trader's Almanac
▼ + stars: | 2023-10-12 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

A Monday evening note from Almanac editor Jeffrey Hirsch said that the stock market appears to be in the early stages of an end-of-year rally. SPY YTD mountain The S & P 500 is up since May, but did suffer a late-summer swoon. The buy signal could help offset the multiple negatives working against the stock market, including bond yield volatility and the conflict in the Middle East. The Almanac's portfolio changes show an expectation of a broad market rally. The moves include buying the SPDR Dow Jones Industrial Average ETF Trust (DIA) , SPDR S & P 500 ETF Trust (SPY) , and the Invesco QQQ Trust (QQQ) as well as the iShares Russell 2000 ETF (IWM) .

Persons: Jeffrey Hirsch, SPDR, Russell Organizations: Dow Jones, ETF Trust, Trust, P Biotech, Consumer, Vanguard, Index

☆ Stocks go up in in the fourth quarter of the year 80% of the time—what that means for your money
▼ + stars: | 2023-10-12 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

Don't look now, but the market is entering what's historically been a good period for investors. No, it's not McRib season, although there's a case to made that the sandwich's reappearance bodes well for stocks. Rather, investors will be glad to know that October kicks off what is typically a good three months for stocks, following a month in September that historically tends to be rough. The S&P 500 index posted September declines of 3.9% in 2020, 4.8% in 2021, 9.3% in 2022 and 4.7% in 2023. In fact, stocks have gone up in the fourth quarter 79.5% of the time — the highest success rate of any quarter.

Persons: Jeffrey Hirsch

☆ CNBC Daily Open: Investors got a brief reprieve
▼ + stars: | 2023-10-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during morning trading on October 04, 2023 in New York City. 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. Stocks climbed, yields retreatedU.S. stocks climbed Wednesday and Treasury yields retreated, helping the Dow Jones Industrial Average break its three-day losing streak. Here's how he's planning to manage the risk, and what he's buying to hedge against possible losses.

Persons: Stocks, Kospi, payrolls, Marc, Antoine Julliard, Sam Bankman, Jim Jordan, Steve Scalise, Kevin McCarthy, Jordan's, Donald Trump, who's, Matthew McLennan Organizations: New York Stock Exchange, CNBC, Treasury, Dow Jones, Japan's Nikkei, ADP, FTX, Speaker U.S, Freedom Caucus, Former U.S Locations: New York City, Asia, Pacific, Former, U.S

☆ Wall Street sees the market's bumpy ride continuing in the 4th quarter. Here are the risks in store
▼ + stars: | 2023-10-05 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Many investors expect that could be the capitulation event equities need to bottom out before rebounding. "If you get down to five and a quarter all hell's gonna break loose," Rob Ginsberg, managing director at Wolfe Research. The yield on the 10-year Treasury has spiked sharply to about 4.8% this week, about 1 whole percentage point above where it was in mid-July at around 3.7%. In fact, it won't take much for the positive narrative to start to take hold in markets, Hogan said. Hogan anticipates the S & P 500 could rise to 4,800 by year end, about 13% above where it is currently.

Persons: Rob Ginsberg, Fitch, Ray Dalio, Jamie Dimon, Wolfe Research's Ginsberg, Ginsberg doesn't, You'll, Ginsberg, Riley Financial's Art Hogan, they'll, Read, Hogan, Kevin McCarthy, Goldman Sachs, Jan Hatzius, Katie Stockton, Bank of America's Stephen Suttmeier, Jeffrey Hirsch, I'm, Hirsch Organizations: Dow Jones, Treasury, Wolfe Research, Federal Reserve, JPMorgan, CNBC Pro's, Supply, Bank of America's Locations: Saudi Arabia

☆ The market has shaken off government shutdowns in the past. Here's what Wall Street expects
▼ + stars: | 2023-09-29 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

A government shutdown looming on the horizon could dampen sentiment to start October even as Wall Street wraps up what's been a challenging month and quarter. Many market participants expect that the financial markets and economy will broadly shake off concerns from a shutdown as they have in the past. "The market's probably going to set it aside until or unless it starts to have a larger impact on behaviors." Economic impact Historically, government shutdowns have been relatively short-lived, though they have been longer and more disruptive recently. Meanwhile, Jay Woods, chief global strategist at Freedom Capital Markets, expects the government shutdown is "all bark and no bite" when it comes to market reaction.

Persons: Wells Fargo, Rob Haworth, Wells, Michael Pugliese, Bank's Haworth, Aditya Bhave, Jay Woods, Woods, Jeff Hirsch, Hirsch, Lamb Weston Organizations: RBC Capital Markets, Federal Reserve, U.S . Bank, Nasdaq, BEA, Bank of America U.S, Labor, Freedom Capital, Atlanta Fed's, PMI, Manufacturing, McCormick, ADP, Services PMI, Constellation Brands, Conagra, Consumer Credit Locations: Wells Fargo

☆ Gensler is testifying before Congress and facing increasing lawsuits over his many rule changes
▼ + stars: | 2023-09-27 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

Securities and Exchange Commission Chair Gary Gensler is testifying before the House Financial Services Committee today. Republicans are increasingly apoplectic about the more than 40 rules Gensler has been proposing, especially now that he has begun adopting them. Gensler grilled for proposed and adopted rulesRepublicans will be particularly keen to talk about some of the bigger issues Gensler has been tackling. Some are hoping that a few Democrats will join the Republicans and ask Gensler to slow down. Now that he has begun adopting many of these rules, the financial services industry seems to be saying, "See you in court."

Persons: Gary Gensler, Gensler, That's, Biden, Kirsten Wegner, Wegner, Virtu, Doug Cifu, Cifu, What's Organizations: U.S . Treasury, Washington , D.C, Securities, Exchange, Financial Services, Senate Banking, Republicans, Gensler, Commission, Modern Markets, Trader's Magazine, SEC, Virtu Locations: Washington ,

☆ Stock futures are little changed after S&P 500, Nasdaq end four-day string of losses: Live updates
▼ + stars: | 2023-09-25 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Stock futures hovered near the flat line Monday evening. Futures tied to the Dow Jones Industrial Average slipped by 25 points, or 0.07%. S&P 500 futures dropped 0.05%, while Nasdaq 100 futures lost 0.06%. The S&P 500 added 0.4%, while the Nasdaq Composite advanced 0.45%. Nevertheless, stocks are on pace to end September lower, a month that is already known as being historically weak for equities.

Persons: doesn't, it's, Mary Ann Bartels Organizations: Dow Jones, Nasdaq, Dow Locations: Washington

☆ Sell Rosh Hashanah, buy Yom Kippur? What's the reasoning behind this classic seasonal trade
▼ + stars: | 2023-09-15 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

For active traders who like to time buying and selling around seasonal events, the next few weeks are Market Timing Heaven. The volatility is encapsulated in one of the more enduring seasonal trades: Sell Rosh Hashanah (which begins at sundown Friday this year), buy Yom Kippur (Sept. 25). Traders sell positions due to seasonal weakness at the start of Rosh Hoshanah, then return to the market after Yom Kippur. The period from Yom Kippur to Passover, which starts on April 22, 2024, is traditionally an up period, good for an average gain of 6.9%. It means market timers expecting seasonal weakness for the next few weeks are also expecting seasonal strength in the fourth quarter.

Persons: Rosh Hoshanah, Jeff Hirsch, Hirsch, Tom McClellan, McClellan, Todd Sohn Organizations: Triple, Triple Witching, Federal, Traders Locations: Yom, Rosh, Yom Kippur, Strategas

☆ Gold retreats as growth risks drive safe-haven bids to US dollar
▼ + stars: | 2023-09-05 | by ( Harshit Verma | ) www.reuters.com time to read: +2 min

Spot gold was down 0.6% to $1,927.69 per ounce by 12:49 p.m. EDT (1649 GMT). Jitters about global growth, particularly in China and the euro zone, caused the safe-haven dollar to hit multi-month highs against a basket of currencies, making gold more expensive for overseas buyers. "The global growth slowdown story will eventually prove to be a positive for gold and that would only come once the market becomes more skeptical about the US recession risks." Silver shed 1.5% to $23.60 per ounce, logging its biggest daily drop in a month. Reporting by Harshit Verma in Bengaluru; Editing by Shinjini Ganguli and Paul SimaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Edward Moya, Christopher Waller, Harshit Verma, Shinjini Ganguli, Paul Simao Organizations: Waller, Data, U.S, Reuters, Federal Reserve, Fed, CNBC, Thomson Locations: China, Bengaluru

☆ Gold retreats as growth risks drive safe-haven bids to U.S. dollar
▼ + stars: | 2023-09-05 | by ( ) www.cnbc.com time to read: +2 min

Gold slipped to a one-week low on Tuesday on rising bond yields and as investors opted for the U.S. dollar to hedge against global growth concerns. Spot gold declined 0.6% to $1,926.49 per ounce. Jitters about global growth, particularly in China and the Euro zone, caused rival safe-haven dollar to hit multi-month highs against a basket of currencies, making gold more expensive for overseas buyers. "The global growth slowdown story will eventually prove to be a positive for gold and that would only come once the market becomes more skeptical about the US recession risks." Silver shed 1.1% to $23.70 per ounce, logging its biggest daily drop in a month.

Persons: Gold, Edward Moya, Christopher Waller, Otunuga Organizations: U.S, Federal Reserve, Fed Locations: China

☆ Watch out: September's poor market track record is getting worse — especially for certain stocks
▼ + stars: | 2023-08-10 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Wall Street is barreling toward what's historically been the worst month for stocks, according to CNBC PRO data. September is the weakest month for Apple, which dropped 2.82% on average, and Google-parent Alphabet, which fell an average 2.20%. For Amazon, September is the 11th weakest month, dropping 2.59%. And for Meta, it's the 10th worst month, as shares fall 1.96% on average. Meanwhile, September is historically the 9th worst month for this year's biggest AI beneficiary Nvidia, which is higher this year by nearly 200%.

Persons: Jeff Hirsch, it's, Almanac's Hirsch, Hirsch, Chris Hayes Organizations: CNBC, Nasdaq, that's, Apple, Google, Amazon, Meta, Nvidia Locations: That's

☆ Inflation takes center stage in the week ahead as Wall Street looks for more clues on Fed rate hikes
▼ + stars: | 2023-08-04 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

New inflation data set for release in the week ahead could help Wall Street regain its footing. However, he does not expect that the inflation data releasing next week will be very threatening, even if they show a slight rise from the prior reading. A smattering of results will roll out in the week ahead including from major firms like the Walt Disney Company, which reports Wednesday. Other economic data Investors will digest other major economic data in the week ahead. Hourly earnings (July) Earnings: RL Friday, Aug. 11 8:30 a.m. PPI (July) 10 a.m. Michigan Sentiment preliminary (August)

Persons: it's, Jack Ablin, Ablin, McCormick, Archer, CFRA'S Sam Stovall, FactSet, Stovall, Greg Bassuk, Bassuk, Tyson, Eli Lilly, Fox Organizations: Federal, PPI, Cresset, Nasdaq, Dow Jones, Fed, Daniels, Midland, Chevron, Investments, Walt Disney Company, Wynn Resorts, Dow, Consumer Credit, Tyson Foods, Paramount, Parcel Service, CPI Locations: U.S, Michigan

☆ Glencore expects 2023 trading unit profits of up to $4 bln
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +1 min

LONDON, July 21 (Reuters) - Glencore (GLEN.L) on Friday said it expects profits at its trading division this year of up to $4 billion, exceeding its long-term annual guidance. It expects full-year trading earnings before interest and taxes (EBIT) to be between $3.5 and $4 billion. The group left its overall 2023 guidance for copper unchanged at 1.04 million metric tons, even as production fell by 10% to 488,000 tons in the first half. "Our full-year production guidance remains unchanged from earlier guidance," boss Gary Nagle said in a release. "Second-half volume weightings in copper, zinc and nickel reflect higher expected production volumes from Collahuasi, Kazzinc, Mount Isa and INO."

Persons: Gary Nagle, Mount Isa, INO, Clara Denina, Jason Neely, Jan Harvey Organizations: Democratic, Thomson Locations: Katanga, Democratic Republic of Congo, DRC

☆ Traders are wondering if now is the time for a summer market correction
▼ + stars: | 2023-07-21 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

After a string of up days, the old market leadership of technology and consumer discretionary is looking tired, and that is probably a good thing. Since 1950, August is the third-worst month for the S & P 500, while September is the worst month. That is "historically extreme," Todd Sohn from Strategas told me, though it is consistent with coming off major market lows. A torrid two-month rally has lifted the S & P Technology Sector (XLK) by 16%, but tech has mostly been for sale in the last few days. Still, for investors in the S & P 500, McClellan says no one should be surprised to see a summer correction in the next month or so.

Persons: Tom McClellan, Nate Geraci, Schwab, Todd Sohn, Strategas, John Murphy, Banks, Murphy, UnitedHealth, Johnson, Abbott, Ed Yardeni, McClellan Organizations: The, Growth, P Technology, Microsoft, Apple, Nasdaq, NVIDIA, Meta, Technology, Health Care

July 20 (Reuters) - FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than $1 billion they allegedly misappropriated before FTX went bankrupt. FTX is now led by John Ray, who helped manage Enron after the energy trader's 2001 bankruptcy. FTX said Bankman-Fried and Wang also misappropriated $546 million to buy shares of Robinhood Markets (HOOD.O), while Ellison used $28.8 million to pay herself bonuses. The case is FTX Trading Ltd et al v Bankman-Fried et al, U.S. Bankruptcy Court, District of Delaware, No. The main bankruptcy case is In re FTX Trading Ltd et al in the same court, No.

Persons: Sam Bankman, FTX, Caroline Ellison, Gary, Wang, Nishad Singh, Fried, John Ray, Ellison, Singh, Jonathan Stempel, Mike Scarcella, Leslie Adler Organizations: Alameda Research, Enron, U.S, Robinhood, Bankruptcy, District of, FTX, bk, Thomson Locations: Delaware, Alameda, U.S, District, District of Delaware, New York

The dismissal of Rohan Ramchandani's civil lawsuit by U.S. District Judge Victor Marrero was disclosed in a docket entry on Thursday in Manhattan federal court. Marrero plans to release his written decision after Citigroup and Ramchandani agree which information should be kept confidential. One year later, Ramchandani sued Citigroup, saying it fired him without cause in January 2014 amid a global probe into foreign exchange price fixing, and then shared false and "gravely derogatory" claims against him with law enforcement. Ramchandani accused Citigroup of entering its plea in part to shift blame away from senior managers and officers. The case is Ramchandani v. Citigroup Inc et al, U.S. District Court, Southern District of New York, No.

Persons: Rohan Ramchandani's, District Judge Victor Marrero, Marrero, David Lurie, Danielle Romero, Apsilos, Ramchandani, Chris Ashton, Richard Usher, JPMorgan Chase, Ramchandani's, Jonathan Stempel, Marguerita Choy Organizations: YORK, Citigroup, U.S, District, Ramchandani, Barclays, JPMorgan, U.S . Department of Justice, Citigroup Inc, Court, Southern District of, Thomson Locations: U.S, London, Manhattan, New York, Southern District, Southern District of New York

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