Jim Cramer: Stocks of companies with new access to China are worth buying into weakness

Jim Cramer: Stocks of companies with new access to China are worth buying into weakness”If the stocks of any of these companies with new access to China get hit, I think you need to be a buyer into weakness,” the “Mad Money” host said.


Jim Cramer: Stocks of companies with new access to China are worth buying into weakness”If the stocks of any of these companies with new access to China get hit, I think you need to be a buyer into weakness,” the “Mad Money” host said.
Jim Cramer: Stocks of companies with new access to China are worth buying into weakness Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-15
Keywords: news, cnbc, companies, buying, stocks, access, need, money, think, worth, china, weakness, companies, jim, weaknessif, cramer


Jim Cramer: Stocks of companies with new access to China are worth buying into weakness

Jim Cramer: Stocks of companies with new access to China are worth buying into weakness

“If the stocks of any of these companies with new access to China get hit, I think you need to be a buyer into weakness,” the “Mad Money” host said.


Company: cnbc, Activity: cnbc, Date: 2020-01-15
Keywords: news, cnbc, companies, buying, stocks, access, need, money, think, worth, china, weakness, companies, jim, weaknessif, cramer


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Target shares plunge as holiday sales miss estimates on weakness in toys and electronics

But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Target said its same-store sales during November and December were up just 1.4%, compared with growth of 5.7% a year earlier. Especially this holiday season, Target was expected to be a winner in the toys category. But this holiday season, Target said toy sales were about flat with the prior year. Macy’s, J.C. Penney and Kohl’s all in recent days have reported same-store sales declines during the holiday sea


But the big-box retailer said Wednesday that its holiday sales were weaker than planned.
Target said its same-store sales during November and December were up just 1.4%, compared with growth of 5.7% a year earlier.
Especially this holiday season, Target was expected to be a winner in the toys category.
But this holiday season, Target said toy sales were about flat with the prior year.
Macy’s, J.C. Penney and Kohl’s all in recent days have reported same-store sales declines during the holiday sea
Target shares plunge as holiday sales miss estimates on weakness in toys and electronics Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-15  Authors: lauren thomas courtney reagan, lauren thomas, courtney reagan
Keywords: news, cnbc, companies, compared, shares, toys, target, electronics, samestore, weakness, holiday, estimates, apparel, key, season, sales, quarter, miss, plunge


Target shares plunge as holiday sales miss estimates on weakness in toys and electronics

Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned.

Its shares tumbled more than 8% on the news. Walmart, which hasn’t reported holiday results, also traded lower. Its stock was last down about 2%.

Target said its same-store sales during November and December were up just 1.4%, compared with growth of 5.7% a year earlier.

The company said that, despite missing the mark, it is maintaining a prior outlook for fourth-quarter earnings. It also said in a press release that the fourth quarter of 2019 remains on track to mark Target’s eleventh consecutive quarter of same-store sales gains.

Target said it found strength in apparel and beauty, while lackluster performance in key holiday categories like electronics, toys and parts of its home business offset those gains.

CEO Brian Cornell said Target “faced challenges throughout November and December in key seasonal merchandise categories.” But “because of the durability of our business model, we are maintaining our guidance for our fourth quarter earnings per share.”

“While we knew this season was going be challenging, it was even more challenging than we expected,” Cornell added in a separate blog post.

Especially this holiday season, Target was expected to be a winner in the toys category. The company has been devoting more square footage in stores to toys, following Toys R Us’ liquidation. It has partnered with Disney to open mini Disney shops within certain Target shops. Target also is now powering the website of the Toys R Us brand that has relaunched post bankruptcy.

But this holiday season, Target said toy sales were about flat with the prior year. The company did say, however, that it continued to gain market share in toys throughout the holidays, based on tracking data provided by The NPD Group.

Target said electronics sales were down more than 6% in November and December, while sales of home items were down about 1%. Apparel sales, meantime, were up about 5%, beauty sales inched up roughly 7%, and food and beverage sales climbed about 3% during the holiday period, according to the company.

Overall in the retail industry, sales of electronics and appliances grew 4.6% from Nov. 1 through Dec. 24, while the home furniture and furnishings category was up 1.3%, according to a separate analysis of purchases by Mastercard Spending Pulse. The firm said the apparel category grew just 1%, while department store chains saw their overall sales drop 1.8%.

Target’s digital sales rose 19% — thanks to more people utilizing the company’s same-day options like curbside pickup when they buy online. Target said use of its same-day services grew more than 50% during November and December compared with 2018, driving about 75% of the retailer’s overall digital sales growth this past holiday season.

Target said it now expects fourth-quarter same-store sales to fall in line with the 1.4% growth it experienced during November and December, compared with a prior outlook of 3% to 4% growth. It said this means full-year same-store sales should rise more than 3%. Same-store sales represent a key metric used by the retail industry to keep track of purchases made at stores open for at least 12 months.

Analysts had been calling for Target’s same-store sales during the fourth quarter, which includes the holiday season, to be up 3.8%, according to a poll by Refinitiv.

“Our fourth quarter performance will benefit from productivity improvements in our stores and supply chain, as well as meaningfully lower clearance inventory compared with a year ago,” Cornell said in the release.

Target’s announcement on Wednesday might come as a shock to some, because the retailer was largely expected to have had a strong holiday season, while mall-based apparel retail chains and department store operators struggled through it.

Macy’s, J.C. Penney and Kohl’s all in recent days have reported same-store sales declines during the holiday season. Kohl’s specifically called out its women’s apparel business as its biggest weak link. And Target, meantime, proved in its latest fiscal quarter that its apparel sales are on fire.

While leggings maker Lululemon reported a strong holiday season, others like Victoria’s Secret owner L Brands and discount chain Five Below added to the malaise.

Thanks to its investments in new private labels like a grocery line called Good & Gather, store remodels and mobile app updates, analysts say Target has been taking market share from struggling rivals. The Minneapolis-based retailer in November raised its annual profit outlook, to expect full-year adjusted earnings per share to fall within a range of $6.25 to $6.45. Those expectations weren’t adjusted on Wednesday.

While holiday sales for key general merchandise categories climbed a meager 0.2% in 2019 compared with 2018, according to weekly point-of-sale data tracked by The NPD Group, there were “clear winners.” The firm called holiday results overall “lackluster,” thanks in part to companies pushing deals earlier and earlier in the year, thereby lessening the significance of historically key days like Black Friday.

The holiday season also had six fewer days in between Thanksgiving Day and Christmas this year compared with last, making for the shortest possible calendar. Many retailers said they kicked off promotions earlier because of the calendar setup, hoping to win shoppers before their peers.

Speaking about the holiday season in October, Cornell had said, “Every day is going to count.”

On Wednesday, the CEO said Target noticed this holiday season that people are “more and more comfortable shopping later in the season.” Target said that on Dec. 24 its employees prepared almost five times the number of products for curbside pickups compared with the same day in 2018.

The company also on Wednesday announced that its chief stores officer Janna Potts is retiring, to be replaced internally by Mark Schindele, effective immediately.

And it announced changes to the structure of its merchandising team — appointing Christina Hennington to executive vice president and chief merchandising officer of hardlines, essentials and capabilities, and Jill Sando to executive vice president and chief merchandising officer of style and Target’s owned brands, also effective immediately.

Target’s former chief merchandising officer Mark Tritton resigned late last year to take the CEO post at Bed Bath & Beyond.

Target, which has a market value of about $63.6 billion, has watched its shares rally more than 82% over the past 12 months. The stock on Dec. 20 hit an all-time intraday high of $130.24.


Company: cnbc, Activity: cnbc, Date: 2020-01-15  Authors: lauren thomas courtney reagan, lauren thomas, courtney reagan
Keywords: news, cnbc, companies, compared, shares, toys, target, electronics, samestore, weakness, holiday, estimates, apparel, key, season, sales, quarter, miss, plunge


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Target shares plunge as holiday sales miss estimates on weakness in toys and electronics

Target had been expected to be a standout among retailers for holiday sales, but the big box retailer reported disappointing results Wednesday. Especially this holiday season, Target was expected to be a winner in the toys category. But this holiday season, Target said toy sales were about flat with the prior year. Target said electronics sales were down more than 6% in November and December, while sales of home items were down about 1%. The firm said the apparel category grew just 1%, while dep


Target had been expected to be a standout among retailers for holiday sales, but the big box retailer reported disappointing results Wednesday.
Especially this holiday season, Target was expected to be a winner in the toys category.
But this holiday season, Target said toy sales were about flat with the prior year.
Target said electronics sales were down more than 6% in November and December, while sales of home items were down about 1%.
The firm said the apparel category grew just 1%, while dep
Target shares plunge as holiday sales miss estimates on weakness in toys and electronics Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-15  Authors: lauren thomas courtney reagan, lauren thomas, courtney reagan
Keywords: news, cnbc, companies, miss, season, shares, estimates, holiday, plunge, expected, toys, company, electronics, category, sales, weakness, target, apparel


Target shares plunge as holiday sales miss estimates on weakness in toys and electronics

Target had been expected to be a standout among retailers for holiday sales, but the big box retailer reported disappointing results Wednesday.

Its shares tumbled 7% on the news. Walmart, which hasn’t reported holiday results, also traded lower, down 1.8%.

Target said same-store sales during November and December were up just 1.4%, compared with growth of 5.7% a year earlier.

The company said that despite missing the mark, it is maintaining a prior outlook for fourth-quarter earnings. It also said the final three months of 2019 remains on track to mark Target’s 11th consecutive quarter of same-store sales gains.

Target said it found strength in apparel and beauty, while lackluster performance in key holiday categories like electronics, toys and parts of its home business offset those gains.

CEO Brian Cornell said Target “faced challenges throughout November and December in key seasonal merchandise categories.” But “because of the durability of our business model, we are maintaining our guidance for our fourth quarter earnings per share.”

“While we knew this season was going be challenging, it was even more challenging than we expected,” Cornell added in a separate blog post.

Especially this holiday season, Target was expected to be a winner in the toys category. The company has been devoting more square footage in stores to toys, following Toys R Us’ liquidation. It has partnered with Disney to open mini Disney shops within certain Target shops. Target also is now powering the website of the Toys R Us brand that has relaunched post bankruptcy.

But this holiday season, Target said toy sales were about flat with the prior year. The company did say, however, that it continued to gain market share in toys throughout the holidays, based on tracking data provided by The NPD Group.

Target said electronics sales were down more than 6% in November and December, while sales of home items were down about 1%. Apparel sales were up about 5%, beauty sales inched up roughly 7%, and food and beverage sales climbed about 3% during the holiday period, according to the company.

Overall in the retail industry, sales of electronics and appliances grew 4.6% from Nov. 1 through Dec. 24, while the home furniture and furnishings category was up 1.3%, according to a separate analysis of purchases by Mastercard Spending Pulse. The firm said the apparel category grew just 1%, while department store chains saw their overall sales drop 1.8%.


Company: cnbc, Activity: cnbc, Date: 2020-01-15  Authors: lauren thomas courtney reagan, lauren thomas, courtney reagan
Keywords: news, cnbc, companies, miss, season, shares, estimates, holiday, plunge, expected, toys, company, electronics, category, sales, weakness, target, apparel


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The looming market sell-off would be ‘a terrible thing to waste’ for investors, Jim Cramer says

The looming market sell-off would be ‘a terrible thing to waste’ for investors, Jim Cramer says”So many companies [are] doing so well. I’d love to buy them, but at this point only on weakness,” “Mad Money” host Jim Cramer said.


The looming market sell-off would be ‘a terrible thing to waste’ for investors, Jim Cramer says”So many companies [are] doing so well.
I’d love to buy them, but at this point only on weakness,” “Mad Money” host Jim Cramer said.
The looming market sell-off would be ‘a terrible thing to waste’ for investors, Jim Cramer says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-14
Keywords: news, cnbc, companies, looming, investors, terrible, selloff, thing, jim, market, cramer, point, money, weakness, saysso, waste


The looming market sell-off would be 'a terrible thing to waste' for investors, Jim Cramer says

The looming market sell-off would be ‘a terrible thing to waste’ for investors, Jim Cramer says

“So many companies [are] doing so well. I’d love to buy them, but at this point only on weakness,” “Mad Money” host Jim Cramer said.


Company: cnbc, Activity: cnbc, Date: 2020-01-14
Keywords: news, cnbc, companies, looming, investors, terrible, selloff, thing, jim, market, cramer, point, money, weakness, saysso, waste


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Aston Martin expects annual profit to nearly halve on Europe weakness

Aston Martin vehicles sit on the production line at the Aston Martin Lagonda Ltd. factory in Gaydon, U.K. Luxury British carmaker Aston Martin on Tuesday warned that its annual core profit would plummet more than 45% from last year, as weak demand in Europe led to a drop in wholesale volumes. The company said these conditions had continued through its peak delivery period in December and led to a 7% drop in wholesale volumes for the year. It expects 2019 adjusted earnings before interest, tax, d


Aston Martin vehicles sit on the production line at the Aston Martin Lagonda Ltd. factory in Gaydon, U.K.
Luxury British carmaker Aston Martin on Tuesday warned that its annual core profit would plummet more than 45% from last year, as weak demand in Europe led to a drop in wholesale volumes.
The company said these conditions had continued through its peak delivery period in December and led to a 7% drop in wholesale volumes for the year.
It expects 2019 adjusted earnings before interest, tax, d
Aston Martin expects annual profit to nearly halve on Europe weakness Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-07
Keywords: news, cnbc, companies, vehicles, halve, profit, annual, wholesale, sales, aston, expects, led, weakness, europe, nearly, million, trading, weak, pounds, martin


Aston Martin expects annual profit to nearly halve on Europe weakness

Aston Martin vehicles sit on the production line at the Aston Martin Lagonda Ltd. factory in Gaydon, U.K.

Luxury British carmaker Aston Martin on Tuesday warned that its annual core profit would plummet more than 45% from last year, as weak demand in Europe led to a drop in wholesale volumes.

The 106-year-old firm, famed for being fictional agent James Bond’s brand of choice, had in November highlighted tough trading conditions, particularly in the UK and Europe, and weak demand for its Vantage model.

The company said these conditions had continued through its peak delivery period in December and led to a 7% drop in wholesale volumes for the year.

It expects 2019 adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of between 130 million pounds and 140 million pounds, compared with 247.3 million pounds ($325.37 million) a year earlier.

“From a trading perspective, 2019 has been a very disappointing year,” Chief Executive Officer Andy Palmer said, as the company now expects adjusted EBITDA margin of 12.5% to 13.5%, down from 22.6% in 2018.

The broader global automotive industry has also endured a torrid year, hit by declining sales in China and its trade war with the United States as well as tougher regulation on diesel vehicles sales.


Company: cnbc, Activity: cnbc, Date: 2020-01-07
Keywords: news, cnbc, companies, vehicles, halve, profit, annual, wholesale, sales, aston, expects, led, weakness, europe, nearly, million, trading, weak, pounds, martin


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Retail wreck rolls on, but these names could hedge against weakness

The XRT retail ETF has fallen nearly 2% in the past two days, weighed on by department stores such as Macy’s, Kohl’s and Nordstrom among others. There are a few names that could buck the trend, according to two traders. Gina Sanchez, CEO of Chantico Global, said retail headwinds will continue in 2020, but agrees that Amazon is one sure bet. The shares, which are not part of the XRT ETF, have managed to lead as one of the top performers in the Nasdaq 100. By comparison, the XRT ETF has risen 11%


The XRT retail ETF has fallen nearly 2% in the past two days, weighed on by department stores such as Macy’s, Kohl’s and Nordstrom among others.
There are a few names that could buck the trend, according to two traders.
Gina Sanchez, CEO of Chantico Global, said retail headwinds will continue in 2020, but agrees that Amazon is one sure bet.
The shares, which are not part of the XRT ETF, have managed to lead as one of the top performers in the Nasdaq 100.
By comparison, the XRT ETF has risen 11%
Retail wreck rolls on, but these names could hedge against weakness Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-03  Authors: keris lahiff
Keywords: news, cnbc, companies, hedge, continue, xrt, way, names, wreck, retail, really, amazon, past, weakness, etf, gordon, nearly, rolls


Retail wreck rolls on, but these names could hedge against weakness

Retail stocks are tumbling on the heels of their best year since 2013.

The XRT retail ETF has fallen nearly 2% in the past two days, weighed on by department stores such as Macy’s, Kohl’s and Nordstrom among others.

There are a few names that could buck the trend, according to two traders.

“I’ve got to go [with] Amazon and the catch-up trade that we’re seeing,” Todd Gordon, founder of TradingAnalysis.com, told CNBC’s “Trading Nation” on Thursday. “We’ve just seen a period of consolidation. This is a five-year chart. We’re just now moving off the lower end of support and it looks like we still have resistance levels that we need to chop through at the $2,000 mark.”

“If we get up through $1,850, no reason we shouldn’t be able to go up and close that gap and, of course, that puts us back up to $2,000. I hold the stock, I added to it two weeks ago, I continue to like it,” Gordon said.

Gina Sanchez, CEO of Chantico Global, said retail headwinds will continue in 2020, but agrees that Amazon is one sure bet.

“The challenges that face the retail industry will continue to face the retail industry and I would say that as we go into 2020 we’re probably going to see continued consolidation,” Sanchez said during the same segment. “Even though companies like Macy’s are spending a lot of money getting their e-tailing game, they’re running to stay in place and I think Amazon is really the way to play that which is to just go digital.”

Gordon also likes Lululemon, a stock up 26% in the past six months. The shares, which are not part of the XRT ETF, have managed to lead as one of the top performers in the Nasdaq 100. Gordon said Lululemon will not meet resistance until $300, which implies a nearly 30% rally from current levels.

Sanchez sees another name that could be an outlier among the retail downturn.

“The other way to play that is to go cheap – TJX has actually had a really good run and I think that will continue as well as a lot of retailers right now are really staring into the abyss of bankruptcy,” she said.

TJX, which owns TJ Maxx, is up nearly 40% for the past 12 months. By comparison, the XRT ETF has risen 11% over the same time period.

Disclosure: Gordon holds AMZN and LULU.

Disclaimer


Company: cnbc, Activity: cnbc, Date: 2020-01-03  Authors: keris lahiff
Keywords: news, cnbc, companies, hedge, continue, xrt, way, names, wreck, retail, really, amazon, past, weakness, etf, gordon, nearly, rolls


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US jobless claims edge lower but trend points to uptick in filings

The number of Americans filing claims for jobless benefits edged lower last week, a positive signal for the U.S. labor market amid recent signs that new claims may be trending slightly higher. Initial claims for state unemployment benefits decreased 2,000 to a seasonally adjusted 222,000 for the week ended Dec. 28, the Labor Department said on Thursday. Economists polled by Reuters had expected 225,000 new claims last week. By the end of the latest week, the number of new claims was at its lowes


The number of Americans filing claims for jobless benefits edged lower last week, a positive signal for the U.S. labor market amid recent signs that new claims may be trending slightly higher.
Initial claims for state unemployment benefits decreased 2,000 to a seasonally adjusted 222,000 for the week ended Dec. 28, the Labor Department said on Thursday.
Economists polled by Reuters had expected 225,000 new claims last week.
By the end of the latest week, the number of new claims was at its lowes
US jobless claims edge lower but trend points to uptick in filings Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-02
Keywords: news, cnbc, companies, filings, uptick, trend, jobless, market, labor, number, week, trade, claims, points, lower, benefits, weeks, edge, weakness, unemployment


US jobless claims edge lower but trend points to uptick in filings

The number of Americans filing claims for jobless benefits edged lower last week, a positive signal for the U.S. labor market amid recent signs that new claims may be trending slightly higher.

Initial claims for state unemployment benefits decreased 2,000 to a seasonally adjusted 222,000 for the week ended Dec. 28, the Labor Department said on Thursday.

Economists polled by Reuters had expected 225,000 new claims last week.

While claims have been volatile in recent weeks around the U.S. holiday season and end of the year, longer-term averages point to a slight increase in new claims.

The four-week moving average of initial claims rose by 4,750 to 233,250, the highest level since January 2018.

Still, the underlying trend in claims remains consistent with a labor market that is resisting signs of weakness in other parts of the economy, such as a slowdown in U.S. manufacturing and lackluster business investment. Economists have attributed the weakness to uncertainty around a U.S.-China trade war launched under U.S. President Donald Trump.

In November, the U.S. unemployment rate fell back to 3.5%, the lowest in nearly half a century.

The drop in claims in the latest week unwound a surge in new claims three weeks earlier that appeared to reflect a late Thanksgiving Day this year compared to 2018. By the end of the latest week, the number of new claims was at its lowest since the Nov. 30 week.

Labor market strength is underpinning consumer spending, keeping the economy on a moderate growth path despite headwinds from trade tensions and slowing global growth that have weighed on manufacturing.

Thursday’s claims report also showed the number of people receiving benefits after an initial week of aid rose 5,000 to 1.73 million for the week ended Dec. 21.


Company: cnbc, Activity: cnbc, Date: 2020-01-02
Keywords: news, cnbc, companies, filings, uptick, trend, jobless, market, labor, number, week, trade, claims, points, lower, benefits, weeks, edge, weakness, unemployment


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Markets are in a classic ‘Santa Claus’ rally, but there may be a reckoning in January

We are in the middle of a classic Santa Claus rally, but when the adults return in January, there likely will be a reckoning: The market has largely priced in expectations of a trade truce and a bottoming in the global economy. The S&P 500 is up 8.8%, its strongest quarterly showing since the first quarter, when it gained 13%. “Expectations have moved higher on trade and global growth, and if that doesn’t deliver, that’s a problem,” Alec Young, managing director of global markets research at FTS


We are in the middle of a classic Santa Claus rally, but when the adults return in January, there likely will be a reckoning: The market has largely priced in expectations of a trade truce and a bottoming in the global economy.
The S&P 500 is up 8.8%, its strongest quarterly showing since the first quarter, when it gained 13%.
“Expectations have moved higher on trade and global growth, and if that doesn’t deliver, that’s a problem,” Alec Young, managing director of global markets research at FTS
Markets are in a classic ‘Santa Claus’ rally, but there may be a reckoning in January Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-30  Authors: bob pisani
Keywords: news, cnbc, companies, bottoming, young, global, trade, economy, rally, claus, santa, market, reckoning, data, weakness, strong, markets, truce, classic


Markets are in a classic 'Santa Claus' rally, but there may be a reckoning in January

We are in the middle of a classic Santa Claus rally, but when the adults return in January, there likely will be a reckoning: The market has largely priced in expectations of a trade truce and a bottoming in the global economy.

The fourth quarter is proving to be a monster. The S&P 500 is up 8.8%, its strongest quarterly showing since the first quarter, when it gained 13%.

Traders have come to believe there is greater clarity on the “Four Horsemen” that have moved the markets all year: 1) A trade truce is now likely; 2) The Fed is neutral and unlikely to raise rates in 2020; 3) The U.S. consumer remains strong and the chance of a U.S. recession in 2020 are small; and 4) The global economy is showing signs of bottoming.

The issue for the market: Can it deliver on those expectations, and will that be enough?

“Expectations have moved higher on trade and global growth, and if that doesn’t deliver, that’s a problem,” Alec Young, managing director of global markets research at FTSE Russell, said. “Bottoming may not be enough. We may need improving data.”

It’s not even clear we are getting a bottom. November Japanese data on retail sales and industrial production, released last Friday, was already poor. This week will see critical data that may or may not confirm the “global bottoming” theory: China PMI and non-PMI on Tuesday, Eurozone PMI on Thursday, U.S. ISM Manufacturing on Friday.

Even the U.S. economy, with a strong consumer, is being scrutinized. Marc Chandler, chief market strategist at Bannockburn Global Forex, is watching weekly jobless claims, out Thursday. “Claims have been elevated recently,” he said. “It could be seasonal factors, but the four-week moving average is near a 12-week high. This is a close to real time indicator for the U.S. economy,” he said.

One thing’s for sure: The bulls are not going to give up their gains easily. Expect them to explain away any economic weakness on “transient” factors. Young believes that with prices this elevated, that strategy may not have legs. “Policymakers may look past weakness in Q4, but will investors?” he said.

Even without weaker economic data, the market is notably overbought and due for a pause. The 14-day relative strength index for the S&P 500, a momentum indicator widely watched by Wall Street technicians, is at 78, the highest level since January 2018. Any reading over 70 is overbought, readings near 80 are very overbought.

The pause would be welcome, Young noted. “The market does better with two steps up, one step back,” he said. “It would be nice to get a little digestion before another leg up happens.”


Company: cnbc, Activity: cnbc, Date: 2019-12-30  Authors: bob pisani
Keywords: news, cnbc, companies, bottoming, young, global, trade, economy, rally, claus, santa, market, reckoning, data, weakness, strong, markets, truce, classic


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PNC: Slowdown in wages reflects underlying weakness in the UK

PNC: Slowdown in wages reflects underlying weakness in the UKThe U.K. is one or two economic data revisions away from being in a recession, says William Adams of PNC.


PNC: Slowdown in wages reflects underlying weakness in the UKThe U.K. is one or two economic data revisions away from being in a recession, says William Adams of PNC.
PNC: Slowdown in wages reflects underlying weakness in the UK Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-20
Keywords: news, cnbc, companies, weakness, reflects, william, revisions, wages, pnc, ukthe, underlying, slowdown


PNC: Slowdown in wages reflects underlying weakness in the UK

PNC: Slowdown in wages reflects underlying weakness in the UK

The U.K. is one or two economic data revisions away from being in a recession, says William Adams of PNC.


Company: cnbc, Activity: cnbc, Date: 2019-12-20
Keywords: news, cnbc, companies, weakness, reflects, william, revisions, wages, pnc, ukthe, underlying, slowdown


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Jim Cramer: Invest in ‘big, apolitical themes that work no matter what’

Jim Cramer: Invest in ‘big, apolitical themes that work no matter what’With trade and other headwinds impacting multiple sectors, the “Mad Money” host urges viewers buy stocks into weakness that are bound to comeback.


Jim Cramer: Invest in ‘big, apolitical themes that work no matter what’With trade and other headwinds impacting multiple sectors, the “Mad Money” host urges viewers buy stocks into weakness that are bound to comeback.
Jim Cramer: Invest in ‘big, apolitical themes that work no matter what’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-10
Keywords: news, cnbc, companies, stocks, multiple, sectors, themes, jim, viewers, trade, apolitical, invest, whatwith, weakness, urges, work, matter, big, cramer


Jim Cramer: Invest in 'big, apolitical themes that work no matter what'

Jim Cramer: Invest in ‘big, apolitical themes that work no matter what’

With trade and other headwinds impacting multiple sectors, the “Mad Money” host urges viewers buy stocks into weakness that are bound to comeback.


Company: cnbc, Activity: cnbc, Date: 2019-12-10
Keywords: news, cnbc, companies, stocks, multiple, sectors, themes, jim, viewers, trade, apolitical, invest, whatwith, weakness, urges, work, matter, big, cramer


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