With stocks finally taking a break from rallying, CNBC’s Jim Cramer circled back to one out-performing stock that could be a buying opportunity on the market-wide weakness. Stanley Black & Decker, which makes a variety of tools and some security solutions, just issued a strong quarterly earnings report that sent its shares soaring. So far […]
Read moreTraders are seeing something they haven’t seen in a while: more volume and more volatility. The recent rise in interest rates is the initial catalyst. The 10-year yield is at the highest level since mid-March after a strong durable goods report and speculation that Stanford economist John Taylor is a stronger possibility to be named […]
Read moreOne investment bank is urging investors to prepare for the U.S. economy to roll over as early as 2018. “The US economy will in all likelihood slow down substantially: there is a limit to the rise in the participation rate and the employment rate; real wages are slowing down,” wrote Patrick Artus, chief economist at […]
Read moreBond yields snapped higherin a sell-off fueled by stronger-than-expected U.S. economic data, and the expectation that central banks are moving into an era when policy will no longer be so easy and interest rates will head higher. Treasury yields move opposite price, and the 10-year yield was as high as 2.47 percent Wednesday, the highest […]
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Morgan Stanley’s auto analyst Adam Jonas is known for his out-of-the-box thinking on Tesla, but he’s pretty good at analyzing the traditional automakers too. Jonas downgraded GM shares Wednesday to equal-weight from overweight after nailing a breakout in the 109-year-old automaker. “Our OW [overweight] thesis that GM could change the narrative and drive share price […]
Read moreBig private funds with specific investment goals may be the wave of the future, according to TPG’s James Coulter. Speaking at Riyadh’s Future Investment Initiative conference on Wednesday, Coulter told CNBC’s Andrew Ross Sorkin on “Squawk Box” that specific ideas are winning out over more generalist funds. He pointed to Masayoshi Son’s $100 billion technology-focused […]
Read moreCheck out which companies are making headlines before the bell: Boeing – Boeing’s quarterly profit came in six cents ahead of estimates at $2.72 per share, while revenue also beat forecasts. The jet maker had stronger than expected cash flow, and also raised its full year forecast due to a lower than expected tax rate. […]
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Fears that the rally is on its last legs are a bunch of bull, according to one top technician who has three charts that prove stocks have more room to run. “The S&P trend is still up … and there’s plenty of confirmation,” wrote Stephen Suttmeier, chief equity technical strategist at Bank of America Merrill […]
Read moreBillionaire Howard Marks says financial markets not likely to deliver great returns over next decade
Howard Marks sees “cautionary signs” in the market and holds a tepid outlook for financial markets over the long term. Investors’ returns over the next decade “depends on whether they have access to nontraditional investments,” Marks said in an interview Wednesday on CNBC’s “Squawk Box.” The Oaktree Capital co-chairman said investors can get 5 to […]
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It’s old news that the market is hitting record highs almost every day, but CNBC’s Jim Cramer has grown concerned that there could be danger lurking underneath the rally. “On the surface, this market does look both astonishingly bullish and astoundingly placid. You’ve never seen a bull this calm before,” the “Mad Money” host said. […]
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