MRKT Call

MRKT Matrix - Wednesday, August 14th S&P 500 closes higher for fifth straight day as easing inflation bolsters rate cut hopes (CNBC) 1 big thing: Inflation can take the back seat (Axios) Mortgage refinancing surges 35% in one week, as interest rates hit lowest level in over a year (CNBC) The Big Risk for the Market: Becoming an AI Echo Chamber (WSJ) Hon Hai Shipments of Next-Gen Nvidia Chips to Be...

MRKT Matrix - Tuesday, August 13th Stocks rally as tame inflation data fuels market comeback (CNBC) Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol (CNBC) Home Depot expects sales to weaken as consumers grow more cautious (CNBC) Goldman, JPMorgan Say Markets Pricing in Higher Recession Odds (Bloomberg) Morgan Stanley’s Wilson Sees Few Signs of Bear Market in Stocks (Bloombe...

MRKT Matrix - Monday, August 12th Stocks wobble as traders struggle to build on last week’s comeback (CNBC) Bear market is coming in 2025, warns David Roche, but the Fed will step in before it turns ‘draconian’ (CNBC) Fed’s Bowman Sees Upside Inflation Risk, Signals Caution on Cuts (Bloomberg) Three-year inflation outlook hits record low in New York Fed consumer survey (CNBC) 5 Big Takeaways From...

MRKT Matrix - Friday, August 9th Stocks close higher, clawing back much of the week’s losses in major recovery from Monday’s sell-off (CNBC) S&P 500 Earnings Season Update: August 9, 2024 (FactSet) Has the U.S. Economy Reached a Tipping Point? (WSJ) Volatility Pros Say Record VIX Surge on Monday Was a Head Fake (Bloomberg) Summers Calls for SEC, Exchanges to Probe Monday’s VIX Surge (Bloomberg) Bu...

MRKT Matrix - Thursday, August 8th S&P 500 notches its best day since 2022 as Wall Street claws its way back from Monday’s rout (CNBC) Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market (CNBC) Eli Lilly’s second quarter eases Zepbound pricing fears and suggests it’s making headway in weight loss race (CNBC) JPMorgan raises odds of US recession by year en...

MRKT Matrix - Wednesday, August 7th Stocks close lower on Wednesday as market’s comeback attempt fizzles out (CNBC) Dimon Says He’s Skeptical Inflation Will Return to Fed’s 2% Target (Bloomberg) Warren Buffett now owns more T-bills than the Federal Reserve (CNBC) Bitcoin proving it’s not quite the ‘digital gold’ many traders were hoping for it to become (CNBC) Recession Risks Rise as Consumers Tur...

MRKT Matrix - Tuesday, August 6th Dow rallies 500 points as Wall Street rebound gains steam (CNBC) Atlanta Fed Lifts US Q3 GDP Growth Estimate To 2.9% (Markets Insider) This Doesn’t Look Like Recession. Here’s How One Could Happen (WSJ) JPMorgan Says Carry Trade Unraveling Is Only Half Complete (Bloomberg) Market correction has more room to run, says Goldman Sachs (CNBC) Solomon Says Fed Will Forg...

MRKT Matrix - Monday, August 5th Dow tumbles 1,000 points, S&P 500 loses 3% as Monday’s session nears close: Live updates (CNBC) Japan's Nikkei sees biggest rout since 1987 Black Monday (Reuters) Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’ (CNBC) Everyone is talking about the Sahm recession indicator. Here’s what you need to know (CNBC) What top investors are say...

MRKT Matrix - Friday, August 2nd Dow closes down 600 points, Nasdaq enters correction after weak jobs report (CNBC) Intel heads for worst day on Wall Street in 50 years, falls to lowest price in over a decade (CNBC) Big Tech Fails to Convince Wall Street That AI Is Paying Off (Bloomberg) How Apple Earnings Made Its Stock the Safe Play in Tech (Barron's) Job growth totals 114,000 in July, much less...

MRKT Matrix - Thursday, August 1st Dow slides 600 points, on track for biggest sell-off of 2024 (CNBC) Bond Traders Are Fully Pricing In Three Fed Rate Cuts This Year (Bloomberg) September Rate Cut Would Thrust Fed Into Brutal Election Campaign (WSJ) US Job Market’s Pandemic Unwind Puts Recession Signals to Test (Bloomberg) China’s Private Factory Gauge Dips for First Time in Nine Months (Bloomber...

MRKT Matrix - Wednesday, July 31st S&P 500 rises as Powell says September rate cut could be on the table (CNBC) Powell Says Fed Could Cut Rates ‘As Soon As’ September Meeting (Bloomberg) July brought a great stock market rotation. Here’s why it is happening (CNBC) Bank Stocks Rally to Two-Year High Amid Sentiment ‘U-Turn’ (Bloomberg) Delta CEO says CrowdStrike-Microsoft outage cost the airline $50...

MRKT Matrix - Tuesday, July 30th S&P 500 and Nasdaq fall as tech shares struggle ahead of megacap earnings (CNBC) JetBlue shares surge after surprise profit, $3 billion aircraft spending deferral (CNBC) Procter & Gamble earnings beat estimates, but quarterly sales disappoint as China demand slides (CNBC) Merck shares fall 9% despite earnings beat, strong demand for top drugs like Keytruda (CNBC) G...

MRKT Matrix - Monday, July 29th S&P 500 rises ahead of major tech earnings reports set for later this week (CNBC) S&P 500 faces greater downside risk ahead, Bank of America says (CNBC) It’s a Cruel Summer for Big Tech Stocks (WSJ) Investors are punishing stocks that miss earnings more than normal this season (CNBC & FACTSET) McDonald’s Earnings Were Terrible. Why The Stock Is Rising. (Barron’s) Ap...

MRKT Matrix - Friday, July 26th Dow surges more than 600 points, fueled by latest earnings and inflation data (CNBC) S&P 500 Earnings Season Update (FactSet) Fed’s Favored Price Gauge Rises at Mild Pace, Spending Holds Up (Bloomberg) BofA Says Cooling Economy Will Crack Big Tech Rally Even More (Bloomberg) Nvidia could be on the verge of a massive technical sell-off, chart analyst warns (CNBC) Mor...

MRKT Matrix - Thursday, July 25th Dow falls from highs, Nasdaq loses earlier gains as investors sell some big tech names (CNBC) ServiceNow raises annual subscription revenue forecast on robust demand; COO resigning after government contract complaint (CNBC) Edwards Lifesciences Stock Plunges 28% After Earnings. What Wall Street Thinks. (Barron’s) Ford shares, on pace for worst day since 2009, lead...

MRKT Matrix - Wednesday, July 24th S&P 500, Nasdaq tumble for worst day since 2022 as Tesla, Alphabet slide after quarterly results (CNBC) Tesla shares fall 11% after earnings miss, head for steepest slide since January (CNBC) The Hottest Job Market in a Generation Is Over (WSJ) I Changed My Mind. The Fed Needs to Cut Rates Now. (Bloomberg) Commercial Property Stress Forces Blackstone Mortgage REI...

MRKT Matrix - Tuesday, July 23rd S&P 500 is little changed as traders await key tech earnings (CNBC) Which “Magnificent 7” Companies Are Top Contributors To Earnings Growth For The S&P 500 For Q2? (FactSet) UPS shares on pace for worst day on record after earnings miss, guidance cut (CNBC) GM Delays EV Projects in Latest Industry Pullback (WSJ) Ether ETFs Trade Over $500 Million in Strong Crypto F...

MRKT Matrix - Monday, July 22nd S&P 500 rises as Nvidia leads tech rebound (CNBC) Exclusive: Nvidia preparing version of new flagship AI chip for Chinese market (Reuters) Biden dropping out adds more uncertainty to markets. What investors are saying (CNBC) A Stock-Market Rotation of Historic Proportions Is Taking Shape (WSJ) CrowdStrike shares tumble as fallout from global tech outage continues (C...

MRKT Matrix - Friday, July 19th Dow drops, S&P 500 has worst week in 3 months (CNBC) ‘Largest IT outage in history’ leaves world reeling (CNBC) Activist Elliott Takes Big Stake in Starbucks (WSJ) Morgan Stanley says there’s an AI opportunity investors are missing — and this chip stock is top way to play (CNBC) Elon Musk’s crusade against California is seeing Tesla sales in the Golden State plummet...

MRKT Matrix - Thursday, July 18th Dow tumbles 500 points, S&P 500 slides 1% as broad sell-off intensifies (CNBC) Wall Street’s ‘Great Rotation Trade’ Takes a Break (Bloomberg) Goldman’s Top Stock Analyst Is Waiting for AI Bubble to Burst (Bloomberg) Eli Lilly’s stock plunges as investors eye obesity-drug competition (MarketWatch) Domino's Stock Sinks After Pizza Chain Warns of Fewer Store Openings...

MRKT Matrix - Wednesday, July 17th Nasdaq drops nearly 3%, Dow industrials gain as investors continue rotation out of tech stocks (CNBC) US Floats Tougher Trade Rules to Rein In China Chip Industry (Bloomberg) Trump on Taxes, Tariffs, Jerome Powell and More (Bloomberg) Retail investors in AI stocks may get burned like they did in past bubbles, says Bank of America (CNBC) Early Tesla Backer Debuts...

MRKT Matrix - Tuesday, July 16th Dow rallies 700 points for best day in more than a year, Russell 2000 small-cap index jumps 3% (CNBC) Small Caps Beat Nasdaq 100 by Most Since 2011 (Bloomberg) Traders see the odds of a Fed rate cut by September at 100% (CNBC) Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates (CNBC) Oil Bulls Face Make-or-Break Moment on Price Rally (Bloom...

MRKT Matrix - Monday, July 15th Dow rises 200 points to close at a record after Trump survives assassination attempt (CNBC) Netflix and these other stocks are expected to have the biggest moves on earnings this week (CNBC) Apple’s India Sales Surge 33% to Record in Shift From China (Bloomberg) Tesla rally driven by ‘retail puppy love’ and won’t last, warns Wells Fargo (CNBC) Google Near $23 Billio...

MRKT Matrix - Friday, July 12th Dow jumps to record as investors see bull market broadening beyond tech (CNBC) Citi, Wells and JPMorgan Fall After Results (WSJ) These stocks reporting next week have earnings momentum (CNBC) UBS downgrades Tesla to sell rating, warns that AI fervor could wane (CNBC) AI's problem: The missing revenues (Axios) Traders Start to Bet on a Supersized Fed Rate Cut in Sept...

MRKT Matrix - Thursday, July 11th S&P 500 falls from record as investors rotate out of 2024 tech winners (CNBC) The S&P 500 hasn’t been this overbought since late 2023 — signaling trouble ahead (CNBC) Tesla Delays Robotaxi Event in Blow to Musk’s Autonomy Drive (Bloomberg) Delta shares fall as a glut of flights drives down fares despite high demand (CNBC) PepsiCo, After Years of Price Hikes, Sound...