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☆ The bank environment is not in a state that attracts capital, says Worth Charting 's Carter Worth
▼ + stars: | 2023-03-15 | 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 bank environment is not in a state that attracts capital, says Worth Charting 's Carter WorthCarter Worth, Worth Charting Founder and CEO, joins' Power Lunch' to discuss bank technicals, historical investment changes, and investors pulling away from bank stocks.

☆ Josh Brown sees a 'breakout' ahead for one particular tech stock
▼ + stars: | 2023-03-09 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Ritholtz Wealth Management CEO Josh Brown said that he recently bought shares of computer software company Oracle ahead of its upcoming earnings report. Brown added that even if the stock falls after a disappointing earnings report, he will stick with it. However, Brown said that the stock has already shown strong revenue growth. Indeed, Oracle posted revenue growth in both of its latest quarters , he said. "This gives me a little bit more of the growth trade."

☆ First Solar is trading at levels not seen in more than a decade. Here's where it could go next — and whether you should buy it
▼ + stars: | 2023-03-07 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Solar technology company First Solar has seen its shares skyrocket in the new year — and some think this is only the beginning. UBS analyst Jon Windham, who rates the stock as a buy, has a near-Street-high price target of $250 per share. Young has a buy rating on the stock and a price target of $210 per share. Meanwhile, Wealth Consulting's Worden noted that First Solar shares are already trading at a high valuation. Refinitiv data also shows that the average analyst price target on the stock is $187.99, which implies downside of about 12%.

☆ Fundstrat's Mark Newton says he's still in the no landing camp
▼ + stars: | 2023-03-07 | 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 EmailFundstrat's Mark Newton says he's still in the no landing campMark Newton, Fundstrat, joins 'Closing Bell' to discuss the technicals of the market.

☆ Markets are still hostage to the Fed, but managing to hang in there
▼ + stars: | 2023-03-03 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Starting with the January jobs report released Feb. 3, it has been a relentless stream of bad news on the inflation front. Surprisingly, we are a mere 4% off the recent highs of early January and are flat for the week going into Friday trading . Investor sentiment is awful The AAII Sentiment Survey, a survey of the membership of the American Association of Individual Investors, indicated bearish sentiment remained unusually high, and bullish sentiment unusually low. Bullish: 23.4% (historic average: 37.5%) Bearish: 44.8% (historic average: 31.0%) Neutral: 31.8% (historic average: 31.5%) Source: AAII "The market's between a rock and a hard place," Alec Young, chief investment strategist at MapSignals, told me. Bottom line: the markets are still hostage to inflation and the Fed.

☆ Greene: The technicals and fundamentals are there to support a market rally
▼ + stars: | 2023-02-28 | 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 EmailGreene: The technicals and fundamentals are there to support a market rallyG Squared Private Wealth's Victoria Greene explains why she's a "reluctant bull" when it comes to the markets.

☆ European markets open higher after another record high for FTSE 100
▼ + stars: | 2023-02-16 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +1 min

There could be some strength in this stock rally, according to Victoria Greene, chief investment officer at G Squared Private Wealth. "It's ignoring the bond market, it's ignoring the Fed, it's ignoring fundamentals and it's ignoring some of the economic data. All it's focused on is rising on technicals," Greene said Wednesday on CNBC's "Closing Bell: Overtime." "And this does happen — early innings of a bull market, you always see the market run without any fundamental reason why," she continued. According to Greene, that suggests the rally "does have some legs."

☆ Stock futures are flat Wednesday night as traders digest earnings, latest data: Live updates
▼ + stars: | 2023-02-15 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

U.S. stock futures were flat on Wednesday night after strong retail sales data suggested a resilient U.S. economy. Dow Jones Industrial Average futures fell by 15 points, or 0.04%. S&P 500 futures climbed 0.02%, while Nasdaq 100 futures rose 0.14%. Stocks closed slightly higher during the regular session Wednesday, despite falling earlier in the day after a stronger-than-expected January retail sales report suggested the Federal Reserve may have further to go in its efforts to tame inflation. On the earnings front, Hasbro and Paramount Global are expected to report Thursday before the bell.

☆ Breaking down the trade on Tesla shares ahead of the big investor day
▼ + stars: | 2023-02-12 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

The "Fast Money" traders are at odds over Tesla with a key event ahead. Even though Tesla shares rallied on CEO Elon Musk's plans to unveil his "Master Plan 3" at investor day on March 1, trader Julie Biel warns gains will likely stall. Tesla shares initially rallied on last Wednesday's announcement. "He's got his Twitter and Tesla bros behind him, and that's a meaningful force for the stock." Grasso got long on Tesla last Wednesday, and he plans to stick with the stock through investor day.

☆ Charmaster: Oil prices heading higher?
▼ + stars: | 2023-02-10 | by ( Melissa Lee | ) 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 EmailCharmaster: Oil prices heading higher? Carter Worth of Worth Charting looks at the technicals for oil. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Courtney Garcia and Jeff Mills.

☆ Solus' Dan Greenhaus makes bull case for the market technicals
▼ + stars: | 2023-02-09 | 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 EmailSolus' Dan Greenhaus makes bull case for the market technicalsDan Greenhaus, Solus Alternative Asset Management chief strategist, joins 'Closing Bell: Overtime' to offer his bull case for the markets based on the technicals.

☆ Technology stocks are poised to be the best performing sector this year after a brutal 2022, Fundstrat says
▼ + stars: | 2023-02-08 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Technology stocks are poised to be the best performing sector in 2023 after a brutal 2022, according to Fundstrat. Also helping the technology sector is an improving technical outlook after it reclaimed its 200-day moving average. Also boosting the case for owning technology stocks is an increase in investor skepticism towards the sectors year-to-date rally, as short interest in the space continues to increase. According to data from FactSet, the median short interest as a percentage of float has increased to 4% over the past few weeks, even as short interest fell for the broader market. Improving technicals are also increasing the chance that technology stocks will outperform in 2023, according to the note.

☆ Stock futures are slightly higher as investors evaluate latest batch of earnings
▼ + stars: | 2023-02-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Stock futures rose slightly Wednesday night as investors took in more big corporate earnings reports. Futures tied to the Dow Jones Industrial Average rose 40 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures each inched higher by 0.1% as well. Investors have been watching earnings season closely for insight on how companies have fared amid high inflation and clues on how they're managing going forward. On Thursday, investors are looking forward to another batch of earnings reports.

☆ Bears sent running as stock market breaks downtrend and passes key fundamental tests
▼ + stars: | 2023-02-04 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The S & P gained another 1.6% last week even after slipping back 1% Friday. Market technicals strengthening Along the way, the technical characteristics of the market are winning converts for the bullish cause. Surely at the S & P 500 level, above 18-times forward profit estimates is a demanding bogey implying so-so returns. The equal-weight S & P is closer to the longer-term average at 16, and mid-cap stocks still modestly valued compared their history. The S & P 500 is compounding so far in 2023 at a 120% annualized rate of return so yeah, expect some give-back and gut-checking.

☆ Morgan Stanley's Shalett advises investors to beware this bear market rally
▼ + stars: | 2023-02-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Investors should be happy with the gains they reaped from a January stock market rally that wasn't justified by fundamentals, according to Lisa Shalett, chief investment officer, wealth management at Morgan Stanley. "The market is extraordinarily overbought," Shalett said in a phone interview. But we think folks buying in here are buying into yet another bear market rally. Shalett thinks over-optimism about an accommodative Fed is a mistake. Shalett isn't recommending investors get completely out of the market.

☆ 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."

☆ Fairlead's Katie Stockton: Pivotal week for the market in technical terms
▼ + stars: | 2023-02-01 | 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 EmailFairlead's Katie Stockton: Pivotal week for the market in technical termsKatie Stockton, Fairlead Strategies founder and managing partner, joins 'Squawk Box' to discuss the market technicals, how the mega-cap growth part of the market looks right now, and more.

☆ January was bitcoin's best month since 2021, but crypto isn't ready for a 'rocket ship rally' yet
▼ + stars: | 2023-01-31 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

For some investors, however, its strong month isn't necessarily a green light to jump back into the crypto market. As of Tuesday, bitcoin is set to finish the month up 38.39%, which would make it its best month since October 2021 and its best January in 10 years, according to Coin Metrics. Ether , which led the crypto recovery last summer ahead of the merge, has risen 31% this month, coming off a 67.06% decline for 2022. However, "we're not so sure bitcoin is ready for another rocket ship rally just yet." "Thus far, the rise in BTC dominance looks reminiscent of April 2019, during which a BTC rally marked a crypto market bottom, much akin to rising BTC dominance lately."

☆ Market watchers say the technicals have been improving, so now they wonder if this is just a bear market rally or the start of something bigger
▼ + 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 EmailMarket watchers say the technicals have been improving, so now they wonder if this is just a bear market rally or the start of something biggerJoe Fahmy of Zor Capital and Delano Saporu of New Street Advisors discuss the key items to watch in this busiest week of earnings season, and with the Fed meeting on deck.

☆ Microsoft, Tesla stock moves hint at positive signs for the market, chart analysts say
▼ + stars: | 2023-01-27 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

The S & P 500 ended Thursday at 4,060.43. A key test for the S & P 500 The S & P 500 pushed above its 200-day moving average last Friday. Redler, who follows short-term technicals, said it is important for the S & P 500 to hold between 3,970 and 3,990. She said the S & P 500 is showing signs of being overbought short term, though there continues to be short-term upside momentum. We need to see stocks like Apple, Alphabet, Microsoft, we need to see these stocks going from downtrend to uptrend.

☆ Optimism over China, peak bond yields draw flows into stocks -BofA
▼ + stars: | 2023-01-27 | by ( ) www.reuters.com time to read: +2 min

Jan 27 (Reuters) - Weekly inflows into stocks in the week to Wednesday were the largest in six weeks, data from BofA Global Research showed, as China's reopening of its borders and expectations that bond yields have peaked fed investor risk appetite. Investors poured $13.9 billion into stocks with $3.4 billion flowing into European shares - the largest to the region's equities in almost one year, the bank said on Friday. Healthcare stocks, a defensive play, and technology stocks, have seen their worst four-week outflows in four years, BofA said. Over the same period, emerging market debt and equity inflows averaged $7.1 billion, their strongest in nearly two years. Gold drew in $500 million, BofA data showed, while investors shed $2.3 billion worth of cash.

☆ The market's technical picture is getting active traders very excited
▼ + stars: | 2023-01-27 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

The S & P closed at a new high for the year Thursday, up 5.75% for the year. Consider: The S & P is breaking a long-term downtrend (lower lows and lower highs) that goes back to the historic high on January 4, 2022. The percentage of stocks in the S & P 500 trading above their 200-day moving average is expanding. The rally is broad-based, with both value and growth stocks in the S & P 500 up almost equally (6.2% and 5.4%, respectively). "You have to get through the 4,100 level, you have to stop the routine of lower highs and lower lows," one trader told me.

☆ Morning bid: Running out of breath
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +2 min

Asian equities held steady on Wednesday near seven-month highs after a mixed session on Wall Street. On a thin day for economic data, focus will be on U.K. producer prices and the German IFO. Revenue at Europe's largest companies is expected to have risen by just 0.9% in the fourth quarter, Refinitiv I/B/E/S data showed on Tuesday. The forecast, which tracks companies listed on the pan-European STOXX 600 (.STOXX) benchmark index, represents a drop from last week when analysts expected revenue growth of 4%. Analysts downgrade earnings forecastsInvestment strategists at Standard Chartered say it is time to fade the rally seen in European stocks and the euro since the lows of September.

☆ Katie Stockton: Our longer-term indicators for Bitcoin still point lower
▼ + stars: | 2023-01-24 | 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 EmailKatie Stockton: Our longer-term indicators for Bitcoin still point lowerKatie Stockton, Fairlead Strategies founder, joins 'Squawk Box' to discuss the underlying market technicals in Bitcoin, risk metrics to watch in the market, and more.

☆ Earnings results are dismal, but the market is still rallying. Here’s why
▼ + stars: | 2023-01-24 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

S & P 500 earnings estimates 2022 Q4: down 3.0% 2023 Q1: flat 2023 Q2: down 1.3% 2023 Q3: up 4.3% 2023 Q4: up 10.5% Source: Refinitiv Not great news on the earnings front! Because market sentiment was so negative ending 2022, a lot of investors are still not back in and are positioned "light." That's why all the earnings growth is in the second half of the year. The bet is that the first half of the year is flat on earnings, and the second half improves. The sales growth in January in China reinforces the Group's expectation to aim for a record year in 2023."

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