MRKT Call

MRKT Matrix - Wednesday, June 5th ‘Mag Seven’ Drive US Stocks Toward All-Time Highs (Bloomberg) Apple Nears $3 Trillion Market Cap Again. Wall Street Is Getting Excited About WWDC. (Barron’s) S&P 500 rises to a record as Nvidia soars, investors look for rate cuts (CNBC) US Service Providers Chalk Up Strongest Growth in Nine Months (Bloomberg) Private payrolls growth slows to 152,000 in May, much l...

MRKT Matrix - June 4th Bonds Rally as Traders Reload Fed Bets After Data (Bloomberg) Dow rises as investors try to shake off sluggish start to June (CNBC) Big Tech Companies Unplug Stock Market From Reality (WSJ) The trend in profitability is the friend of US stocks (FT) Intel unveils new AI chips as it seeks to reclaim market share from Nvidia and AMD (CNBC) Elon Musk ordered Nvidia to ship thous...

MRKT Matrix - Monday, June 3rd Dow falls 200 points to kick off June trading on concerns about the economy (CNBC) NYSE says technical issue that caused Berkshire Hathaway to be displayed down 99% is fixed (CNBC) Oil hits four-month low as OPEC+ decision fails to allay demand worries (Reuters) Bad economic news has been good for stocks, but that could change this week (CNBC) AMD announces new AI ch...

MRKT Matrix - Friday, May 31st Market Wrap / Selloff (CNBC) Fed Likely to Seek More Evidence Despite Cooler Inflation Data (Bloomberg) Atlanta Fed’s GDPNow Lowered to 2.7% (Atlanta Fed) Analysts Have Increased Eps Estimates For S&P 500 Companies For Q2 2024 Since March 31 (FactSet) Why the Enterprise Software Stock Sell-Off Is Overdone (The Information) Wall Street Billionaires Are Rushing to Back...

MRKT Matrix - Thursday, May 30th Market Wrap (FactSet Data & CNBC) US GDP Growth Was Slower Last Quarter on Soft Consumer Spending (Bloomberg) CRM Drags Down Software Names (CNBC) Top Analyst Calls For Thursday (CNBC) This Record Stock Market Is Riding on Questionable AI Assumptions (WSJ) US Officials Rein In AI Chip Sales to Middle East by Nvidia (Bloomberg) HP Reports Sales That Top Estimates on...

MRKT Matrix - Wednesday, May 29th Market Wrap (FactSet Data & CNBC) Hedge Funds’ Exposure to Magnificent Seven at Record High as Nvidia Soars (Bloomberg) ‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate Jump (Bloomberg) Goldman Racks Up $21 Billion for Its Largest Private Credit Pool (Bloomberg) Dimon Says ‘Could Be Hell to Pay’ If Private Credit Sours (Bloomberg) ConocoPhillips to buy M...

MRKT Matrix - Tuesday, May 28th Market Wrap (FactSet Data & CNBC) UBS Price Target Raise (CNBC) ‘Hindenburg Omen’ triggered last week (CNBC) Fed’s Kashkari Says Interest-Rate Hikes Not Entirely Ruled Out (Bloomberg) Elliott Takes $2.5 Billion Stake in Texas Instruments (CNBC) T-Mobile To Buy U.S. Cellular (Barron’s) The BFD: xAI Raises $6 Billion (Axios) Mistral AI, France’s Startup Darling, Takes...

MRKT Matrix - Friday, May 24th Market Wrap (FactSet Data & CNBC) Highest Number Of S&P 500 Companies Citing “AI” On Earnings Calls Over Past 10 Years (FactSet) Fed’s Bostic Says Policy Is Taking Longer to Slow Growth (Bloomberg); Janet Yellen says many Americans still struggling with inflation (FT); University of Michigan Consumer Sentiment Report (Univerity of Michigan) Eli Lilly to invest anothe...

MRKT Matrix - May 233d, 2024 Market Wrap (FactSet Data & CNBC) Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips (CNBC) JPMorgan CEO Jamie Dimon says can’t rule out ‘hard landing’ for the U.S., stagflation will be ‘worst outcome’ (CNBC) Boeing Says Cash Flow Is Worse Than It Thought (WSJ) US says it is ‘time to break up’ Ticketmaster parent Live Nation (FT)...

MRKT Matrix - May 22nd, 2024 Nvidia Earnings (FactSet Data & CNBC) Market Wrap (FactSet Data & CNBC) US Existing-Home Sales Unexpectedly Fall, Prices Stay High (Bloomberg) Tesla’s Sales in Europe Fall to a 15-Month Low (Bloomberg); Panasonic to ramp up EV battery production in Japan (Nikkei Asia) Amazon plans to give Alexa an AI overhaul — and a monthly subscription price (CNBC) Majority of Americ...

MRKT Matrix - May 21st, 2024 Market Wrap (FactSet Data & CNBC) Nvidia earnings could spark $200 billion swing in shares, options show (Reuters) Fed Governor Waller wants ‘several months’ of good inflation data before lowering rates (CNBC), Federal Reserve Bank of Atlanta President Raphael Bostic Comments (Bloomberg) Biden to release 1 million barrels of gasoline to reduce prices at the pump ahead...

MRKT Matrix - May 20th, 2024 Market Recap (FactSet Data & CNBC) Morgan Stanley stock strategist Mike Wilson raises S&P 500 forecast to 5,400 after bearish call on 2024 fails to pan out (CNBC) S&P Profit Recovery Revs Up on Big Tech and Strong Consumer (Bloomberg) Target lowering prices on 5,000 items in bid to lure more shoppers (CNBC) Higher Debt and Delinquencies Are Challenging the Economy (SoF...