MRKT Call

MRKT Matrix - Tuesday, July 2nd S&P 500 rises as Powell notes inflation progress, Tesla gains (CNBC) Powell Welcomes Recent Data But Fed Needs More Confidence to Cut (Bloomberg) RBC raises S&P 500 year-end target, but strategist says she’s nervous about it (CNBC) No Nvidia in Your Portfolio? ‘You’re Just Toast’ (WSJ) Tesla shares soar on better-than-expected Q2 deliveries report (CNBC) FDA approve...

MRKT Matrix - Monday, July 1st Stocks rise to start the second half (CNBC) Why It Could Be a Cruel Summer for the Stock Market (Barron’s) Apollo’s chief economist calls the S&P 500 ‘vulnerable’ as it hovers just below all time high of 5,523—here’s what has him worried (Fortune) Boost returns in your 60/40 portfolio with ‘the magnificent others,’ AllianceBernstein says (CNBC) Goldman’s Kostin Says...

MRKT Matrix - June 28th Nvidia Stock Had a Stunning First Half. Why There Are Nerves About the Second. (Barron’s) JPMorgan’s Kolanovic Warns S&P 500 Will Plummet 23% by Year-End (Bloomberg) Goldman’s Rubner Sees Market Correction Ahead of ‘Unloved Rally’ (Bloomberg) Consumer Optimism About Stocks Hits Three-Year High, NY Fed Says (Bloomberg) Slowing U.S. Inflation Fuels Expectations of Interest Ra...

MRKT Matrix - Thursday, June 27th S&P 500 is little changed as traders await key inflation data (CNBC) US Recurring Jobless Claims Rise to Highest Since End of 2021 (Bloomberg) Amazon Takes On Chinese Rivals Temu and Shein With Plans for New Discount Service (WSJ) These are the most expensive S&P 500 stocks heading into the second half (CNBC) Startup That Says It Can Help EVs Charge Faster Raises...

MRKT Call - June 26th S&P 500 inches higher for a second day as tech shares gain (CNBC) Nvidia CEO Jensen Huang addresses rising competition at shareholder meeting after historic stock surge (CNBC) Apple shares will rally to $260 as company beats Android in AI race, Rosenblatt says (CNBC) Citi strategist says stocks may be due for pullback because of too-high earnings expectations (CNBC) Volkswage...

MRKT Matrix - Tuesday, June 25th S&P 500, Nasdaq rise as Nvidia rebounds (CNBC) US Consumer Confidence Declines on Weaker Outlook for Economy (Bloomberg) This Homebuying Season Is the Worst in More Than a Decade (Barron’s) Housing market to remain ‘stuck’ until at least 2026, Bank of America says (CNBC) Target Announces Return of Target Circle Week July 7-13 with Savings Up to 50% Off Thousands of...

MRKT Matrix - Monday, June 24th Dow closes more than 250 points higher as investors snap up energy and bank stocks, Nvidia slides 6% (CNBC) Fundstrat’s Tom Lee is about to raise his year-end forecast for the S&P 500 (CNBC) How Long Can High Rates Last? Bond Markets Say Maybe Forever (Bloomberg) Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic (CNBC) App...

MRKT Matrix - Friday, June 21st S&P 500 falls as Nvidia struggles for a second day (CNBC) The stock market is in its longest stretch without a 2% sell-off since the financial crisis (CNBC) Nvidia’s Success Is the Stock Market’s Problem (WSJ) SoftBank CEO says AI that is 10,000 times smarter than humans will come out in 10 years (CNBC) Home prices hit record high in May as sales stall (CNBC) Why Yo...

MRKT Matrix - Thursday, June 20th S&P 500 falls after briefly topping 5,500 for the first time ever (CNBC) S&P Poised to Reach 6,000 This Year Before Big Drop, Stifel Says (Bloomberg) Stocks’ Relentless Rally Makes Bears Endangered on Wall Street (Bloomberg) These are Wall Street’s favorite Nasdaq picks for the second half (CNBC) This is not the dot-com bubble and Nvidia’s valuation is still ‘comp...

MRKT Matrix - Tuesday, June 18th S&P 500 hits another record as Nvidia overtakes Microsoft as biggest stock (CNBC) Fed’s Musalem Suggests Interest-Rate Cuts Could Be Delayed for Some Time (Bloomberg, CNBC) Investors are the most bullish since November 2021, a widely followed survey shows(CNBC) Nvidia Passes Microsoft to Become Largest U.S. Company (WSJ) How top-heavy is the stock market? (MarketWa...

MRKT Matrix - Monday, June 17th S&P 500 rallies 1% to fresh record high (CNBC) S&P 500 Races Toward 30th All-Time High of 2024 (Bloomberg) The S&P 500 Gets New Targets. Investors, Be on Your Guard. (Barron’s) Investors Fear Long Stretch of Calm in Markets Can’t Last (WSJ) Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund (CNBC) Global defence group...

MRKT Matrix - June 14th Nasdaq Composite ekes out record close, notches a 3% weekly gain (CNBC) US Consumer Sentiment Unexpectedly Falls to Seven-Month Low (Bloomberg) Investors wonder if tech can keep lifting S&P 500 to new records this summer as some cracks emerge (CNBC) Where Are Analysts Most Optimistic On Ratings For S&P 500 Companies Heading Into Q3? (FactSet) Apple Eyes Best Week Since 2021...

MRKT Matrix - June 13th S&P 500 posts its fourth straight record close, buoyed by cooler inflation data (CNBC) UBS says S&P 500 could rally past its bullish target because of falling inflation and rates (CNBC) Treasury Secretary Yellen says U.S. debt load is in ‘reasonable place’ if it remains at this level (CNBC) Broadcom Reclaims the AI Stock Spotlight. Why There Could Be More to Come. (Barron’s...

MRKT Matrix - Wednesday, June 12th S&P 500 closes above 5,400 for the first time as Fed notes ‘modest’ inflation progress (CNBC) Fed recap: Chair Powell explains why the central bank isn’t ready yet to cut rates (CNBC) Apple’s stock is about to achieve a feat not seen in 16 years (MarketWatch) After Apple Surge, Market Concentration Is Only Getting Worse. It’s Not a Problem—Yet. (Barron’s) Tesla I...

MRKT Matrix - Tuesday, June 11th S&P 500, Nasdaq close at fresh highs Tuesday as Apple pops more than 7% (CNBC) Davidson upgrades Apple, says iPhone maker will be first to get people to really use AI (CNBC) Nvidia’s high will eventually come down (Axios) What to Expect From Wednesday's Closely Watched CPI Inflation Report (Investopedia) JPMorgan’s equity strategist says stocks are ignoring ‘abunda...

MRKT Matrix - Monday, June 10th S&P 500 and Nasdaq close at fresh records, clinch first winning day in three as Fed decision approaches (CNBC) Stocks making the biggest moves midday: Southwest Airlines, GameStop, Advanced Micro Devices and more (CNBC) JPMorgan Warns of a Shock to Stock Market’s Calm From CPI, Fed (Bloomberg) Apple Debuts Long-Awaited AI Tools, Including ChatGPT Tie-Up (Bloomberg)...

MRKT Matrix - Friday, June 7th S&P 500 hovers near record, heads for winning week (CNBC) Treasury Yields Surge as Jobs Spark Rethink on Fed (Bloomberg) JPMorgan, Citi Scrap Fed Rate-Cut Bets for July After Jobs Data (Bloomberg) BofA’s Hartnett Says Fed Cut Could Signal Trouble for Economy (Bloomberg) Nvidia's Stock Split: What Investors Should Know (WSJ) Nvidia is one of the most overbought stocks...

MRKT Matrix - June 6th, 2024 S&P 500 is little changed as traders look ahead to jobs report (CNBC) Wall Street Rally Takes a Breather Before US Jobs (Bloomberg) European Central Bank cuts interest rates for the first time since 2019 (WSJ) Mortgage Rates in US Slip Below Key Level, Falling to 6.99% (Bloomberg) Dan Niles on Nvidia (Twitter/X) Microsoft, Apple, and Nvidia Dominate the S&P 500 Like No...

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...