MRKT Call

MRKT Matrix - Thursday, October 17th Dow closes at fresh record, Nasdaq ends higher as chipmakers rally (CNBC) TSMC Hikes Revenue Outlook in Show of Confidence in AI Boom (Bloomberg) Apple Secretly Worked with China’s BYD on Long-Range EV Battery (Bloomberg) China’s $562 Billion Loan Push for Unfinished Homes Disappoints (Bloomberg) Auto giants launch a flurry of cheaper electric vehicles - taking...

MRKT Matrix - Wednesday, October 16th Dow climbs 300 points to another record close on Wednesday (CNBC) Nvidia Will Dominate Big Tech’s Earnings Season Again (WSJ) ASML’s Plunge Shows the Diverging Fortunes of Chipmakers From AI (Bloomberg) Citi upgrades Cisco Systems, says Wall Street is underestimating AI tailwinds (CNBC) US Mortgage Rates Climb to 6.52%, Highest Since Early August (Bloomberg) M...

MRKT Matrix - Tuesday, October 15th Dow closes 300 points lower, retreating from record; Nvidia drags down Nasdaq (CNBC) Chip firm ASML shares plunge 15% after warning of weaker China sales in early release (CNBC) US Weighs Capping Exports of AI Chips From Nvidia and AMD to Some Countries (Bloomberg) Apple hits an all-time high as new smartphone data sides with the bulls in a sea of negativity (CN...

MRKT Matrix - Monday, October 14th S&P 500 hits record to start the week, traders look to key earnings (CNBC) CEOs and Analysts Are at Odds About S&P 500’s Earnings Outlook (Bloomberg) Markets and the Fed Have Become Dangerously Data Dependent (WSJ) Morgan Stanley sees stabilizing economy boosting cyclical stocks, names its favorites (CNBC) Economists Say Inflation, Deficits Will Be Higher Under T...

MRKT Matrix - Friday, October 11th Dow jumps 400 points to a record on Friday, S&P 500 closes above 5,800 for the first time (CNBC) JPMorgan Chase shares pop 5% after topping estimates on better-than-expected interest income (CNBC) Wells Fargo shares jump after earnings top Wall Street expectations (CNBC) S&P 500 Will Likely Report Earnings Growth Above 7% For Q3 (FactSet) Earnings growth should c...

MRKT Matrix - Thursday, October 10th S&P 500 slips from record after data showing sticky inflation, weakening labor market (CNBC) Three Fed Officials Shrug Off CPI Report, Bostic Open to Pause (Bloomberg) AMD CEO Predicts $500 Billion AI Chip Market by 2028. Will Its New GPU Beat Nvidia? (Barron's) Nvidia Stock Rises After Management Says Blackwell Is Sold Out for 12 Months (Barron’s) Retail inves...

MRKT Matrix - Wednesday, October 9th Fed officials were divided on whether to cut rates by half a point in September, minutes show (CNBC) DOJ indicates it’s considering Google breakup following monopoly ruling (CNBC) TSMC’s Sales Beat Estimates in Good Sign for AI Chip Demand (Bloomberg) Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings (CNBC) Companies Had...

MRKT Matrix - Tuesday, October 8th S&P 500 rebounds from Monday’s decline as oil prices ease (CNBC) China’s Stock Market Fever Breaks as Authorities Disappoint (WSJ) Tesla's robotaxi to face questions, scrutiny at unveiling this week (Reuters) Tesla’s head of vehicle programs jumps to Waymo ahead of robotaxi reveal (TechCrunch) Nvidia shares to remain stuck for the rest of the year, says Citi (CNB...

MRKT Matrix - Monday, October 7th Dow tumbles 400 points as 10-year yield tops 4%, oil jumps (CNBC) U.S. crude oil jumps more than 3%, closes above $77 as market waits for Israel strike against Iran (Bloomberg) Activist Starboard Value Takes $1 Billion Stake in Pfizer (WSJ) Super Micro shares soar after server company says it’s shipping over 100,000 AI GPUs per quarter (CNBC) Google’s Grip on Sear...

MRKT Matrix - Friday, October 4th S&P 500 rises after blockbuster jobs report (CNBC) U.S. job creation roared higher in September as payrolls surged by 254,000 (CNBC) Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report (CNBC) Larry Summers Says 50 Basis Point Rate Cut in September Was ‘A Mistake’ (Bloomberg) Did Analysts Cut EPS Estimates More Than...

MRKT Matrix - Thursday, October 3rd S&P 500 falls on oil spike as rough October continues (CNBC) U.S. crude oil jumps as Biden comments on possible Israel retaliation against Iran (CNBC) A recession is imminent and favored tech stocks set to crater like the ‘Nifty Fifty’ did, BCA Research says (CNBC) Nvidia CEO Jensen Huang says demand for next-generation Blackwell AI chip is ‘insane’ (CNBC) OpenA...

MRKT Matrix - Wednesday, October 2nd S&P 500 is little changed as shaky October start continues on escalating Middle East tensions (CNBC) Saudi Minister Warns of $50 Oil as OPEC+ Members Flout Production Curbs (WSJ) Tesla’s First Quarterly Sales Gain This Year Comes Up Short (Bloomberg) Bank of America’s top ideas for the fourth quarter including Starbucks and Walmart (CNBC) Ozempic Goes From Thre...

MRKT Matrix - Tuesday, October 1st S&P 500 falls, Nasdaq drops 1% as oil spikes on escalating Middle East tensions (CNBC) Oil, Gold Surge as Conflict in Mideast Escalates (Bloomberg) Port strike could reignite inflation, with larger economic impact dependent on how long it lasts (CNBC) Auto Sales Idling as Prices Remain High (WSJ) Apple falls as Barclays flags 'weak demand' for iPhone 16; Citi cut...

MRKT Matrix - Monday, September 30th S&P 500 posts record close on Monday to cap winning month and quarter (CNBC) Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’ (CNBC) The Stock Market Isn’t All About AI Anymore (WSJ) China Markets Surge in Wild End to the Quarter (WSJ) Stellantis Cuts Forecasts in Further Blow to Besieged Carmakers (Bloomberg) A Dockwor...

MRKT Matrix - Thursday, September 27th Dow jumps 100 points to close at a record, major averages extend rally to third week (CNBC) Industry Analysts Project 9% Increase in S&P 500 Price Over the Next 12 Months (FactSet) Fed’s Favored Inflation Gauge, Consumer Spending Barely Rise (Bloomberg) Lower Interest Rates Don’t Guarantee a Soft Landing (WSJ) Port Operators Ask Regulator to Force Dockworkers...

MRKT Matrix - Thursday, September 26th Dow jumps more than 250 points, S&P 500 closes higher to post fresh record (CNBC) Breaking down Micron’s giant rally. Why JPMorgan thinks shares can jump nearly 90% (CNBC) Super Micro shares tumble 15% after DOJ reportedly opens probe into company (CNBC) Nvidia is missing key technology and could acquire these stocks to get it, says Susquehanna analyst (CNBC)...

MRKT Matrix - Wednesday, September 25th Dow falls nearly 300 points to snap four-day win streak, S&P 500 retreats from record (CNBC) Morgan Stanley’s Jonas downgrades Ford and GM, citing China competition, problems with U.S. consumer (CNBC) Nvidia Stock Edges Up. New Report Puts Numbers to AI Chip Growth. (Barron’s) OpenAI Pitched White House on Unprecedented Data Center Buildout (Bloomberg) Meta...

MRKT Matrix - Tuesday, September 24th S&P 500 shakes off economic worries, rises to new high led by Nvidia (CNBC) September consumer confidence falls the most in three years (CNBC) China Tries to Jolt Ailing Economy (WSJ) Visa Sued Over US Antitrust Violations in Debit Card Markets (Bloomberg) Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit (CNBC) Don’t Count on...

MRKT Matrix - Monday, September 23rd S&P 500 rises to fresh record close Monday as traders aim to extend Fed cut relief rally (CNBC) Fed Officials Leave Door Open to Another Large Interest-Rate Cut (Bloomberg) Yardeni Says Fed Cut Raises Odds of ‘Outright Melt-Up’ in Stocks (Bloomberg) Merrill’s Former Market Expert Says This Is Different From 1999 (Bloomberg) Intel Gets Multibillion-Dollar Apollo...

MRKT Matrix - Friday, September 20th Dow rises to close at fresh record, posts winning week after big Fed rate cut (CNBC) Stock Rally Is Like Dot-Com ‘Groundhog Day,’ Stifel’s Bannister Says (Bloomberg) Fed’s Bowman Says Big Rate Cut Could Be Seen as Claiming Victory Too Soon (Bloomberg) Fed’s Waller Says Slowing Inflation Led Him to Support Large Rate Cut (Bloomberg) Dimon Says He’s Skeptical of...

MRKT Matrix - Thursday, September 19th Dow jumps 500 points, S&P 500 closes above 5,700 for the first time a day after Fed slashes rates (CNBC) There’s a new biggest bull on Wall Street as BMO raises year-end S&P 500 target to 6,100 (CNBC) Market bull Tom Lee hesitant to jump into this post-Fed rally (CNBC) Wells Fargo says don’t buy this rally, fundamentals don’t support it (CNBC) Wall Street’s $...

MRKT Matrix - Wednesday, September 18th Dow closes lower, giving up 375-point pop after big Fed rate cut (CNBC) The Fed finally cuts rates. What the stock market historically does from here (CNBC) Bowman Dissent Over Cut Is First From a Fed Governor Since 2005 (Bloomberg) Exclusive: CEOs signal hiring pullback (Axios) Apple could fall to $200 on iPhone worries and that’s when you buy, says Morgan...

MRKT Matrix - Tuesday, September 17th S&P 500 is little changed after touching record before key Fed decision (CNBC) Bets on wild stock-market swings boom as traders face most uncertain Fed rate decision in recent memory (MarketWatch) More stocks are participating to the upside, signaling a healthier market (CNBC) Value-Stock ETFs Pull In Billions in Pre-Fed-Cut Rotation Bet (Bloomberg) Microsoft...

MRKT Matrix - Monday, September 16th S&P 500 is flat ahead of Fed meeting, Dow touches new record high (CNBC) Equity Option Traders Play Defense With Fed Rate Cut on Deck (Bloomberg) BlackRock’s Rick Rieder says a golden age for fixed income begins this week with the Fed rate cut (CNBC) Apple shares slide as analysts highlight sluggish iPhone 16 demand (CNBC) Google’s Breakup Is Starting to Get Pr...

MRKT Matrix - Friday, September 13th Stocks jump as Wall Street looks to wrap a strong week on a high note (CNBC) Traders’ Big Bet on a Half-Point Fed Cut Is Back in Bond Markets (Bloomberg) JPMorgan sees Netflix becoming a major advertising player, stock going to $750 (CNBC) Morgan Stanley analysts give their favorite stocks to own for the next 12 months (CNBC) Berkshire Hathaway’s Stock Is So Ri...