Stocks haven’t successfully tested the October lows yet, Bob Doll says

Long-time money manager Bob Doll is warning investors that stocks could breach October’s correction lows. Doll, Nuveen Asset Management’s chief equity strategist and senior portfolio manager, believes the Dow’s 602 point Monday loss wasn’t a fluke. He suggests there were clues in the early November market comeback that virtually cut October’s losses in half. Breadth wasn’t great,” Doll said on CNBC’s “Trading Nation” on Monday. Doll, who is a long-term bull, contends the economic cycle is still


Long-time money manager Bob Doll is warning investors that stocks could breach October’s correction lows. Doll, Nuveen Asset Management’s chief equity strategist and senior portfolio manager, believes the Dow’s 602 point Monday loss wasn’t a fluke. He suggests there were clues in the early November market comeback that virtually cut October’s losses in half. Breadth wasn’t great,” Doll said on CNBC’s “Trading Nation” on Monday. Doll, who is a long-term bull, contends the economic cycle is still
Stocks haven’t successfully tested the October lows yet, Bob Doll says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-13  Authors: stephanie landsman, david orrell, carlo allegri, bryan r smith, afp, getty images, pictures ltd, corbis, kcna, thomas barwick getty images
Keywords: news, cnbc, companies, lot, doll, successfully, nasdaq, volatility, lows, havent, market, going, octobers, manager, stocks, wasnt, tested, bob


Stocks haven't successfully tested the October lows yet, Bob Doll says

Long-time money manager Bob Doll is warning investors that stocks could breach October’s correction lows.

Doll, Nuveen Asset Management’s chief equity strategist and senior portfolio manager, believes the Dow’s 602 point Monday loss wasn’t a fluke.

He suggests there were clues in the early November market comeback that virtually cut October’s losses in half.

“We had the rally off the low, and it did not have a lot of confidence and conviction. Breadth wasn’t great,” Doll said on CNBC’s “Trading Nation” on Monday. “This is the retest sequencing.”

The Dow on Monday saw its worst day since Oct. 24. The S&P 500 and the tech-heavy Nasdaq also got beaten up — falling almost 2 percent and 3 percent, respectively. The drop pushed the Nasdaq back into correction territory.

Doll sees three major factors “haunting” the market: How long earnings will stay strong, whether the Federal Reserve will tighten interest rates too aggressively and the potential fallout from the U.S.-China trade war.

Doll, who is a long-term bull, contends the economic cycle is still positive for stocks. It’s just a question of when Wall Street angst and volatility will subside.

“I don’t think we’re going to see a new high this year,” he said. “We’re going to bounce around with a lot of side-wise volatility.”


Company: cnbc, Activity: cnbc, Date: 2018-11-13  Authors: stephanie landsman, david orrell, carlo allegri, bryan r smith, afp, getty images, pictures ltd, corbis, kcna, thomas barwick getty images
Keywords: news, cnbc, companies, lot, doll, successfully, nasdaq, volatility, lows, havent, market, going, octobers, manager, stocks, wasnt, tested, bob


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A ‘perfect storm’ is brewing for chips stocks, and that may mean the worst is yet to come

The worst could still be ahead for the group, says Boris Schlossberg, managing director of FX strategy at BK Asset Management. “It’s a perfect storm for the semis at this point,” Schlossberg told CNBC’s “Trading Nation” on Monday. “You have a slowdown in China, you have a saturation of demand in the Western markets, you have a rising interest rate environment, and you have the U.S.-Chinese trade war tensions which are putting pressure on prices.” An escalating trade war between the world’s two l


The worst could still be ahead for the group, says Boris Schlossberg, managing director of FX strategy at BK Asset Management. “It’s a perfect storm for the semis at this point,” Schlossberg told CNBC’s “Trading Nation” on Monday. “You have a slowdown in China, you have a saturation of demand in the Western markets, you have a rising interest rate environment, and you have the U.S.-Chinese trade war tensions which are putting pressure on prices.” An escalating trade war between the world’s two l
A ‘perfect storm’ is brewing for chips stocks, and that may mean the worst is yet to come Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-13  Authors: keris lahiff, david orrell, carlo allegri, bryan r smith, afp, getty images, pictures ltd, corbis, kcna, thomas barwick getty images
Keywords: news, cnbc, companies, trade, perfect, stocks, come, worst, chips, ohara, think, pause, brewing, mean, support, storm, smh, war, point, schlossberg


A 'perfect storm' is brewing for chips stocks, and that may mean the worst is yet to come

The worst could still be ahead for the group, says Boris Schlossberg, managing director of FX strategy at BK Asset Management.

“It’s a perfect storm for the semis at this point,” Schlossberg told CNBC’s “Trading Nation” on Monday. “You have a slowdown in China, you have a saturation of demand in the Western markets, you have a rising interest rate environment, and you have the U.S.-Chinese trade war tensions which are putting pressure on prices.”

An escalating trade war between the world’s two largest economies has triggered fears over supply-chain costs, while slowing iPhone demand has raised concern over peak growth in the smartphone industry. Semi stocks were awash with more losses on Monday after Apple supplier Lumentum warned of reduced shipments to a major customer.

“The general history of semis is they go from grossly overbought conditions to grossly oversold conditions, and I don’t think we’re anywhere near the capitulation point,” said Schlossberg. “I think there’s more to come to the downside before it finally washes out.”

The SMH semiconductor ETF has fallen 16 percent since August. A 12 percent drop last month marked its worst October performance ever.

JC O’Hara, chief market technician at MKM Partners, says the charts also point to more trouble ahead for the chips stocks.

“Coming into 2018, a pause was likely — that’s following two years of 35 percent gains, so a pause or consolidation was actually healthy — but as this pause continued to draw out as the year progressed, we started to lose technical strength,” O’Hara said.

The SMH began to ride its 40-week moving average over the summer before breaking sharply lower in September, a move that suggests a broken trend, O’Hara said. The ETF now needs to hold support level.

“We can point to some support at $86, which was those October lows, but a break below that and all bets are off,” said O’Hara.

The SMH still needs to drop another 6 percent before reaching support at $86. It has not traded at those levels in more than a year.


Company: cnbc, Activity: cnbc, Date: 2018-11-13  Authors: keris lahiff, david orrell, carlo allegri, bryan r smith, afp, getty images, pictures ltd, corbis, kcna, thomas barwick getty images
Keywords: news, cnbc, companies, trade, perfect, stocks, come, worst, chips, ohara, think, pause, brewing, mean, support, storm, smh, war, point, schlossberg


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Investors are flocking to ‘quality’ stocks. Here’s what that means for the market

These two “quality” stocks look like a buy in a volatile market 5 Hours Ago | 03:24″Own only high-quality stocks” is one of those investment maxims that always sounds smart but only sometimes works well. Shares of quality companies have been outperforming the broad benchmarks — both before the October market correction and on the bounce of the past two weeks. There are several exchange-traded funds built to isolate quality stocks, such as the Invesco S&P 500 Quality (SPHQ), which selects S&P 500


These two “quality” stocks look like a buy in a volatile market 5 Hours Ago | 03:24″Own only high-quality stocks” is one of those investment maxims that always sounds smart but only sometimes works well. Shares of quality companies have been outperforming the broad benchmarks — both before the October market correction and on the bounce of the past two weeks. There are several exchange-traded funds built to isolate quality stocks, such as the Invesco S&P 500 Quality (SPHQ), which selects S&P 500
Investors are flocking to ‘quality’ stocks. Here’s what that means for the market Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-12  Authors: michael santoli, bryan r smith, afp, getty images, pictures ltd, corbis, michael nagle, bloomberg, simon dawson, kcna
Keywords: news, cnbc, companies, means, stocks, value, heres, investors, 500, quality, sp, outperforming, market, companies, strong, flocking, strategy


Investors are flocking to 'quality' stocks. Here's what that means for the market

These two “quality” stocks look like a buy in a volatile market 5 Hours Ago | 03:24

“Own only high-quality stocks” is one of those investment maxims that always sounds smart but only sometimes works well.

This seems to be one of those times.

Shares of quality companies have been outperforming the broad benchmarks — both before the October market correction and on the bounce of the past two weeks.

As a characteristic of companies — a “style factor” for selecting stocks, in the industry jargon — quality has no single, strict definition. But the common traits are a sturdy business not reliant on a strong economy; high and resilient profitability; and a strong balance sheet unburdened by much debt.

There are several exchange-traded funds built to isolate quality stocks, such as the Invesco S&P 500 Quality (SPHQ), which selects S&P 500 stocks highly ranked by return on equity, better-quality cash earnings and low financial leverage. It captures a lot of stable growth companies, with 35 percent of the fund in tech, 15 percent consumer staples and only token helpings of energy and financials.

This ETF started outperforming the S&P 500 a few months ago, and since August has led by 1 percentage point.

Goldman Sachs’ equity strategy group maintains stock baskets filtered for quality and strong balance sheets, which also have performed well, with the quality strategy soaring relative to the market lately.

Many professional investors have been calling for some time for a rotation from expensive growth stocks to cheaper value stocks. But quality, as an attribute, isn’t the same as value; the value indexes are full of highly cyclical, heavily indebted boom-bust companies.

Quality has a lot more overlap with defensive stocks. Health care is the best-performing sector in the S&P 500 this year, up more than 12 percent and is among the groups most heavily weighted in quality companies.


Company: cnbc, Activity: cnbc, Date: 2018-11-12  Authors: michael santoli, bryan r smith, afp, getty images, pictures ltd, corbis, michael nagle, bloomberg, simon dawson, kcna
Keywords: news, cnbc, companies, means, stocks, value, heres, investors, 500, quality, sp, outperforming, market, companies, strong, flocking, strategy


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General Electric gets crushed, again — here’s what three experts say may come next

Shares of General Electric just plunged to a fresh nine-year low, and one equity strategist says investors should take note of one particularly devilish level for the stock: $6.66. Shares of General Electric plunged on Monday to their lowest level since March 2009, extending the stock’s severe losses from the session prior. As GE briefly broke below $8 per share, experts told CNBC what investors might expect next. Here’s what four experts say investors should be watching. AboutTrading Nation is


Shares of General Electric just plunged to a fresh nine-year low, and one equity strategist says investors should take note of one particularly devilish level for the stock: $6.66. Shares of General Electric plunged on Monday to their lowest level since March 2009, extending the stock’s severe losses from the session prior. As GE briefly broke below $8 per share, experts told CNBC what investors might expect next. Here’s what four experts say investors should be watching. AboutTrading Nation is
General Electric gets crushed, again — here’s what three experts say may come next Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-12  Authors: rebecca ungarino, bryan r smith, afp, getty images, pictures ltd, corbis, michael nagle, bloomberg, simon dawson, kcna
Keywords: news, cnbc, companies, traders, come, general, gets, stocks, plunged, heres, investors, level, say, nation, electric, crushed, experts, watching, session, market


General Electric gets crushed, again — here's what three experts say may come next

Shares of General Electric just plunged to a fresh nine-year low, and one equity strategist says investors should take note of one particularly devilish level for the stock: $6.66.

Shares of General Electric plunged on Monday to their lowest level since March 2009, extending the stock’s severe losses from the session prior. As GE briefly broke below $8 per share, experts told CNBC what investors might expect next.

Not the same as cheap “value” stocks, these are companies with less debt, stable businesses and some defensive characteristics in a tougher market or economy.

The market was down over 600 points at session lows. Here’s what four experts say investors should be watching. With Shannon Saccocia, CIO of Boston Private Wealth; Alex Dryden, J.P. Morgan; Shawn Matthews, Hondius Capital Management CEO; and Tobias Levkovich, Citi chief U.S. equity strategist.

Chad Morganlander of Washington Crossing Advisors is watching the dollar this week and expects it’ll begin to strengthen heading into the second half of the year.

About

Trading Nation is a multimedia financial news program that shows investors and traders how to use the news of the day to their advantage. This is where experts from across the financial world – including macro strategists, technical analysts, stock-pickers, and traders who specialize in options, currencies, and fixed income – come together to find the best ways to capitalize on recent developments in the market. Trading Nation: Where headlines become opportunities.


Company: cnbc, Activity: cnbc, Date: 2018-11-12  Authors: rebecca ungarino, bryan r smith, afp, getty images, pictures ltd, corbis, michael nagle, bloomberg, simon dawson, kcna
Keywords: news, cnbc, companies, traders, come, general, gets, stocks, plunged, heres, investors, level, say, nation, electric, crushed, experts, watching, session, market


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General Electric just plunged, and one chart watcher says the devil’s in the details

Shares of General Electric just plunged to a fresh nine-year low, and one equity strategist says investors should take note of one particularly devilish level for the stock: $6.66. “J.P. Morgan has a $6 target on it, I’m going to put a $6.66 target on the stock. It’s a weird, weird coincidence. General Electric shares closed lower by 6 percent on Friday, off session lows, at $8.58 per share. GE told CNBC in a statement on Friday that “GE is a fundamentally strong company with a sound liquidity p


Shares of General Electric just plunged to a fresh nine-year low, and one equity strategist says investors should take note of one particularly devilish level for the stock: $6.66. “J.P. Morgan has a $6 target on it, I’m going to put a $6.66 target on the stock. It’s a weird, weird coincidence. General Electric shares closed lower by 6 percent on Friday, off session lows, at $8.58 per share. GE told CNBC in a statement on Friday that “GE is a fundamentally strong company with a sound liquidity p
General Electric just plunged, and one chart watcher says the devil’s in the details Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-12  Authors: rebecca ungarino, bryan r smith, afp, getty images, pictures ltd, corbis, michael nagle, bloomberg, simon dawson, kcna
Keywords: news, cnbc, companies, stock, watcher, think, general, low, 666, plunged, sp, chart, electric, target, told, trading, details, negative, devils, weird


General Electric just plunged, and one chart watcher says the devil's in the details

Shares of General Electric just plunged to a fresh nine-year low, and one equity strategist says investors should take note of one particularly devilish level for the stock: $6.66.

GE tumbled as low as $8.15 on Friday after J.P. Morgan once again slashed its price target on the stock to $6 from $10 per share. The firm’s analyst, Stephen Tusa, said the company’s most recent quarterly earnings report was “worse than expected on almost all fronts.”

Equity strategist Matt Maley of Miller Tabak told CNBC’s “Trading Nation” on Friday that he was targeting a move down to $6.66, the stock’s closing low in early March 2009, around the time of the S&P 500’s bottom in the wake of the financial crisis.

“J.P. Morgan has a $6 target on it, I’m going to put a $6.66 target on the stock. It’s a weird, weird coincidence. We all remember that the lows in 2009 on the S&P 500 was 666. Well the closing low in GE back then was also $6.66. That’s kind of a weird coincidence, but the real reason I’m worried about this is with a stock like this, it’s not a situation where the baby’s being thrown out with the bath water,” Maley said.

In other words, he thinks the sell-off may be warranted.

“Even though the stock is very oversold on a very near-term basis, if you look at its weekly [relative strength index chart], it’s not as oversold as it was on two other occasions in the last 12 months. So I think it’s a risk-reward situation, and I think it’s got to go lower before you want to buy it,” he said.

For Erin Gibbs, portfolio manager with S&P Investment Advisory Services, buying the stock is not worth considering even as if appears inexpensive.

“Right now we just don’t see an end to the negative announcements. They’ve made five announcements this year regarding their restructuring that have been negative, and we just haven’t see any stabilization,” she said Friday on CNBC’s “Trading Nation.”

Gibbs said she’s concerned for four reasons: the recent dividend cut to 1 cent, concerns surrounding the restructuring of its power business, ongoing investigations into the company’s accounting practices and falling profit projections.

“For us, we just don’t see that there’s any reason to get in at this point until we see an end of negative news and declining earnings,” Gibbs said.

General Electric shares closed lower by 6 percent on Friday, off session lows, at $8.58 per share.

GE told CNBC in a statement on Friday that “GE is a fundamentally strong company with a sound liquidity position.”


Company: cnbc, Activity: cnbc, Date: 2018-11-12  Authors: rebecca ungarino, bryan r smith, afp, getty images, pictures ltd, corbis, michael nagle, bloomberg, simon dawson, kcna
Keywords: news, cnbc, companies, stock, watcher, think, general, low, 666, plunged, sp, chart, electric, target, told, trading, details, negative, devils, weird


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Google reportedly plans to significantly expand its New York City presence

Tech giant Google is planning to expand its office space in New York City, potentially allowing the company to significantly increase staffing in the city, according to a report from The Wall Street Journal. The WSJ said that Google declined to comment on any talks about the St. John’s Terminal property. Additionally, Google is also planning to expand its existing property at Chelsea Market by about 300,000 square feet, the Journal reported. That, along with its announced plans for 250,000 squar


Tech giant Google is planning to expand its office space in New York City, potentially allowing the company to significantly increase staffing in the city, according to a report from The Wall Street Journal. The WSJ said that Google declined to comment on any talks about the St. John’s Terminal property. Additionally, Google is also planning to expand its existing property at Chelsea Market by about 300,000 square feet, the Journal reported. That, along with its announced plans for 250,000 squar
Google reportedly plans to significantly expand its New York City presence Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-08  Authors: saheli roy choudhury, bryan r smith, afp, getty images
Keywords: news, cnbc, companies, reportedly, wall, tech, york, street, office, expand, space, significantly, city, presence, st, plans, terminal, google


Google reportedly plans to significantly expand its New York City presence

Tech giant Google is planning to expand its office space in New York City, potentially allowing the company to significantly increase staffing in the city, according to a report from The Wall Street Journal.

People familiar with the matter told the Journal that Google is nearing a deal to buy or lease a planned 1.3 million-square-foot office building at St. John’s Terminal in Manhattan’s West Village neighborhood. When completed, that building would give the Alphabet unit space for more than 8,500 staff.

Google did not immediately respond to CNBC’s emailed request for comment.

The WSJ said that Google declined to comment on any talks about the St. John’s Terminal property.

Additionally, Google is also planning to expand its existing property at Chelsea Market by about 300,000 square feet, the Journal reported. That, along with its announced plans for 250,000 square feet of office space at Pier 57, could provide sufficient office space for more than 3,500 additional workers, the newspaper said.

The tech giant bought the Chelsea Market property earlier this year for about $2.4 billion.

Read The Wall Street Journal’s full report on Google expanding its office space in New York City here.


Company: cnbc, Activity: cnbc, Date: 2018-11-08  Authors: saheli roy choudhury, bryan r smith, afp, getty images
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This year-end stock-picking strategy beats the market 70% of the time, Merrill Lynch says

Tax deadlines have historically helped boost one group of stocks heading into the last few months of the year, according to analysis from Bank of America Merrill Lynch. Stocks that drop at least 10 percent in the first 10 months of any given year are candidates for what’s known as “tax-loss harvesting.” Mutual funds have an Oct. 31 deadline to sell, or “harvest,” any beaten-down stocks in order to offset gains in other investments and reduce tax liabilities. Since 1986, stocks that fit the “tax-


Tax deadlines have historically helped boost one group of stocks heading into the last few months of the year, according to analysis from Bank of America Merrill Lynch. Stocks that drop at least 10 percent in the first 10 months of any given year are candidates for what’s known as “tax-loss harvesting.” Mutual funds have an Oct. 31 deadline to sell, or “harvest,” any beaten-down stocks in order to offset gains in other investments and reduce tax liabilities. Since 1986, stocks that fit the “tax-
This year-end stock-picking strategy beats the market 70% of the time, Merrill Lynch says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-05  Authors: kate rooney, bryan r smith, afp, getty images
Keywords: news, cnbc, companies, 70, lynch, sp, merrill, strategy, yearend, stockpicking, stocks, bank, 31, taxloss, tax, market, beats, months, deadline, subramanian


This year-end stock-picking strategy beats the market 70% of the time, Merrill Lynch says

Tax deadlines have historically helped boost one group of stocks heading into the last few months of the year, according to analysis from Bank of America Merrill Lynch.

Stocks that drop at least 10 percent in the first 10 months of any given year are candidates for what’s known as “tax-loss harvesting.” Mutual funds have an Oct. 31 deadline to sell, or “harvest,” any beaten-down stocks in order to offset gains in other investments and reduce tax liabilities.

Since 1986, stocks that fit the “tax-loss harvesting” criteria subsequently rose by an average of 5.1 percent in the three months following that deadline, according to Bank of America Merrill Lynch. The uptick is higher than the S&P 500’s average return of 3.7 percent in the same period, with a hit rate of 69 percent.

“In a year characterized by volatility and reversals, the next catalyst may be tax loss harvesting,” Bank of America Merrill Lynch Equity Strategist Savita Subramanian said in a note to clients Monday. “On a monthly basis, this strategy tends to have the highest median returns in November and January, perhaps benefiting from the rebound after the October 31 deadline for tax loss selling for mutual funds and then the rebound after the December 31 deadline for regular tax filers.”

From 2000 through 2012, tax loss candidates, or “TLCs” as Subramanian calls them, from November to January outperformed the market every year except for 2007.

While the strategy averages solid returns across three months, it has historically underperformed the S&P 500 in “seasonally strong” December alone, which Subramanian said is when other investors do much of their tax-loss selling.

To be sure, the strategy didn’t work from 2013 through 2015, when it was “overshadowed” by year-end macro factors like a government shutdown, the end of OPEC price support and central bank policy. The TLC stocks have outperformed for the end of 2016 through 2017.

Merrill Lynch screened the S&P 500 for stocks with year-to-date price declines greater than 10 percent as of Oct. 31 and compiled a list of stocks rated as “buy.” Names from all 11 sectors show up, but financials and consumer discretionary were the most common. Subramanian listed AT&T, BlackRock, 3M, Facebook, Wells Fargo and Goldman Sachs among the “buys.”


Company: cnbc, Activity: cnbc, Date: 2018-11-05  Authors: kate rooney, bryan r smith, afp, getty images
Keywords: news, cnbc, companies, 70, lynch, sp, merrill, strategy, yearend, stockpicking, stocks, bank, 31, taxloss, tax, market, beats, months, deadline, subramanian


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JP Morgan: If the S&P 500 can stay above 2,700, the comeback is real

Heading into November, J.P. Morgan’s chart analyst says if the S&P 500 can consistently stay above a key level, the market has a shot of recovering last month’s losses. Last month, the S&P 500 lost a total $1.91 trillion, according to S&P Dow Jones Indices analyst Howard Silverblatt. It was the worst month for the S&P 500 since September 2011, with losses spread across sectors. Another J.P. Morgan Chase strategist, Marko Kolanovic, also predicted a comeback for the markets this week. “We feel st


Heading into November, J.P. Morgan’s chart analyst says if the S&P 500 can consistently stay above a key level, the market has a shot of recovering last month’s losses. Last month, the S&P 500 lost a total $1.91 trillion, according to S&P Dow Jones Indices analyst Howard Silverblatt. It was the worst month for the S&P 500 since September 2011, with losses spread across sectors. Another J.P. Morgan Chase strategist, Marko Kolanovic, also predicted a comeback for the markets this week. “We feel st
JP Morgan: If the S&P 500 can stay above 2,700, the comeback is real Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-01  Authors: kate rooney, bryan r smith, afp, getty images, richard drew
Keywords: news, cnbc, companies, comeback, rebound, real, morgan, hunter, jp, 500, 2700, technical, stay, week, strategist, sp, market


JP Morgan: If the S&P 500 can stay above 2,700, the comeback is real

Heading into November, J.P. Morgan’s chart analyst says if the S&P 500 can consistently stay above a key level, the market has a shot of recovering last month’s losses.

“After a couple failed attempts to rebound from a bullishly developing technical setup last week, this week’s move tentatively has more staying power,” J.P. Morgan technical market strategist Jason Hunter said in a note to clients Thursday. “The technical pieces that helped identify bullish reversals after past late-cycle corrections are all present.”

Sustained closes in S&P 500 above the 2,700 area “would add conviction to the medium-term outlook,” Hunter said, predicting that the market will “break to new highs into early 2019.”

The index hit that watermark Thursday — rising 1.1 percent to end the day at 2,740.37. Stocks continued a three-day rally this week after a volatile October. Last month, the S&P 500 lost a total $1.91 trillion, according to S&P Dow Jones Indices analyst Howard Silverblatt. It was the worst month for the S&P 500 since September 2011, with losses spread across sectors.

Another J.P. Morgan Chase strategist, Marko Kolanovic, also predicted a comeback for the markets this week. In a note to clients Tuesday, Kolanovic said a “short squeeze,” due to repositioning by hedge funds and other active managers, could allow equities to undo October’s market damage.

The correction proved to be “more dynamic” than J.P. Morgan had originally anticipated, Hunter said. Despite that, the “nature and even amplitude” of the move still fits firmly within the framework laid out in J.P Morgan’s 2018 outlook, which predicted equity index corrections and “potholes.”

“We feel strongly that this is a late-cycle correction and not the start of a protracted bear market,” Hunter said. “Despite what appears to be a sloppier reversal pattern than we had anticipated, the rebound from the 2,603 Oct 29 low, opening bull gap, and lift through the 2,710 Oct 11 low provides the first evidence that the bottoming process is starting to take hold.”

WATCH:Five market experts break down how to invest as interest rates spike


Company: cnbc, Activity: cnbc, Date: 2018-11-01  Authors: kate rooney, bryan r smith, afp, getty images, richard drew
Keywords: news, cnbc, companies, comeback, rebound, real, morgan, hunter, jp, 500, 2700, technical, stay, week, strategist, sp, market


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GE dividend cut masks truth: Stock yields will increase in Q4

Investors have plenty of reason to be skittish on dividend stocks right now. GE just did the unthinkable for a blue-chip stock, cutting its dividend to a penny. Fears are mounting that the stock market is at peak earnings and the strong U.S. dollar will continue to hit bottom lines. And dividend stock yields don’t look as enticing compared to bond yields when the Federal Reserve is raising rates. But the dividend fears in the market right now mask several truths about dividends’ value to investo


Investors have plenty of reason to be skittish on dividend stocks right now. GE just did the unthinkable for a blue-chip stock, cutting its dividend to a penny. Fears are mounting that the stock market is at peak earnings and the strong U.S. dollar will continue to hit bottom lines. And dividend stock yields don’t look as enticing compared to bond yields when the Federal Reserve is raising rates. But the dividend fears in the market right now mask several truths about dividends’ value to investo
GE dividend cut masks truth: Stock yields will increase in Q4 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-01  Authors: mike schnitzel, special to cnbccom, getty images, michael phillips, mike derer, david paul morris, bloomberg, carlos barria, bryan r smith
Keywords: news, cnbc, companies, right, q4, truth, increase, stock, ge, dividends, reason, dividend, yields, masks, look, cut, investors, market


GE dividend cut masks truth: Stock yields will increase in Q4

Investors have plenty of reason to be skittish on dividend stocks right now. GE just did the unthinkable for a blue-chip stock, cutting its dividend to a penny.

There are multiple risks to corporate profits that could make it more difficult for reliable dividend payers to meet their commitments. Fears are mounting that the stock market is at peak earnings and the strong U.S. dollar will continue to hit bottom lines. The global macroeconomic view is mixed, with the slowdown in China and the trade war continuing to weigh on investors’ outlook. And dividend stock yields don’t look as enticing compared to bond yields when the Federal Reserve is raising rates.

Not to mention, October has been a frightening month for the market — if the worst were to occur, a bear market, one need only look back to 2008-2009 to know how quickly dividends can disappear. A total of 527 companies cut their dividends in 2009, according to S&P Dow Jones Indices, including Alcoa, Dow Chemical, Macy’s, JP Morgan Chase, Bank of America and, yes, GE. Not every company can be a Coca-Cola, which has paid a dividend for more than five decades without an interruption — one reason Warren Buffett is a longtime shareholder.

In addition, companies are increasing share buyback activity at a greater pace than they are dividend payouts. But the dividend fears in the market right now mask several truths about dividends’ value to investors.


Company: cnbc, Activity: cnbc, Date: 2018-11-01  Authors: mike schnitzel, special to cnbccom, getty images, michael phillips, mike derer, david paul morris, bloomberg, carlos barria, bryan r smith
Keywords: news, cnbc, companies, right, q4, truth, increase, stock, ge, dividends, reason, dividend, yields, masks, look, cut, investors, market


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Cramer Remix: With oil down, this stock could be ripe for the picking

Cramer Remix: With oil down, this stock could be ripe for the picking 8 Hours Ago | 01:02The drop in oil prices means investors should reconsider buying shares of the airlines, CNBC’s Jim Cramer told investors after a wild sell-off and subsequent rally in Tuesday’s trading session. “The fact is that oil’s come down, and oil is their biggest cost. People are still traveling,” the “Mad Money” host said of the airlines, which have been under Wall Street scrutiny amid rising oil prices because of th


Cramer Remix: With oil down, this stock could be ripe for the picking 8 Hours Ago | 01:02The drop in oil prices means investors should reconsider buying shares of the airlines, CNBC’s Jim Cramer told investors after a wild sell-off and subsequent rally in Tuesday’s trading session. “The fact is that oil’s come down, and oil is their biggest cost. People are still traveling,” the “Mad Money” host said of the airlines, which have been under Wall Street scrutiny amid rising oil prices because of th
Cramer Remix: With oil down, this stock could be ripe for the picking Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-23  Authors: elizabeth gurdus, bryan r smith, afp, getty images, david paul morris, bloomberg, adam galica, scott mlyn
Keywords: news, cnbc, companies, cramer, ripe, oil, wild, airlines, picking, prices, stock, wall, look, value, investors, remix


Cramer Remix: With oil down, this stock could be ripe for the picking

Cramer Remix: With oil down, this stock could be ripe for the picking 8 Hours Ago | 01:02

The drop in oil prices means investors should reconsider buying shares of the airlines, CNBC’s Jim Cramer told investors after a wild sell-off and subsequent rally in Tuesday’s trading session.

“The fact is that oil’s come down, and oil is their biggest cost. People are still traveling,” the “Mad Money” host said of the airlines, which have been under Wall Street scrutiny amid rising oil prices because of their correlation to jet fuel costs.

“I’m taking a hard look, and urge you to take a look, at [the stock of] Southwest Airlines at $57,” Cramer said.

He also shared the two reasons why investors should buy high-growth stocks at a discount rather than swapping into value plays. To read more on that, click here.


Company: cnbc, Activity: cnbc, Date: 2018-10-23  Authors: elizabeth gurdus, bryan r smith, afp, getty images, david paul morris, bloomberg, adam galica, scott mlyn
Keywords: news, cnbc, companies, cramer, ripe, oil, wild, airlines, picking, prices, stock, wall, look, value, investors, remix


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