Stock futures rise after Dow falls for 8th consecutive week in relentless sales

NYSE Traders, May 20, 2022 Source: NYSE Stock futures rose in overnight trading after the Dow Jones Industrial Average fell for the 8th consecutive week amid a wider sell-off in the market. Dow Industrial Average futures rose 130 points, or 0.42%. S&P 500 futures added 0.5% and Nasdaq 100 futures rose 0.5%. The move came … Read more

Why the fund that shortly Cathy Wood’s ARKK is now an extremely long ETF

Cathie Wood’s ARK Innovation Fund (ARKK) ETF is a big winner in 2022. The Tuttle Capital Short Innovation (SARK) ETF has risen more than 75% since the beginning of the year, while the ARKK ETF has fallen more than 55% over the same period. And now the creator behind the SARK ETF is betting back … Read more

Elon Musk called ESG a scam – did Tesla’s boss do a favor to investors?

Investing usually uses a combination of head, heart and gut, even if not intended. And perhaps no market topic evokes “all the sensations” as ESG. This week, a major move to cut Tesla out of the closely monitored Environmental, Social Affairs and Governance (ESG) index brought anger and relief almost equally. Defiance was shown by … Read more

Jim Kramer says he likes these three smaller plays in the battered retail sector

CNBC’s Jim Kramer said on Friday that while the retail sector has had a tough week, there are still several winners who stand out against the flood of stocks that have fallen. “The Big Four aren’t the only retailers to report this week, and surprisingly, some of the smaller players have actually done quite well,” … Read more

Analyst Larry Williams sees a bottom in the preparations

CNBC’s Jim Kramer on Friday explained a new technical analysis by veteran chartist Larry Williams, which signals that the market is heading for the bottom. “I know it’s hard to believe anything positive at the moment, but I said the same thing in April 2020, and then Larry Williams made one of the best calls … Read more

Deere, Foot Locker, Palo Alto Networks and others

Fully autonomous tractor Deer & Co. The John Deere 8R was unveiled before the Consumer Electronics Show (CES) on January 4, 2022 in Las Vegas, Nevada. Patrick T. Fallon AFP | Getty Images See the companies leading titles in the lunch trade. Deere – Shares fell 11.4% after Deere reported a revenue shortfall but a … Read more

Foot Locker, Deere, DoorDash and others

Take a look at the companies that appear in the headlines before the bell: Foot Locker (FL) – The sports shoes and clothing retailer reported adjusted quarterly earnings of $ 1.60 per share, 5 cents above forecasts. Revenues were slightly below forecasts, and sales in the same store fell by less than half of what … Read more

The technician, who called the bottom of the market for 2020, says that a “shocking rally” is expected

It was a terrible week in a terrible year for the stock market. Walmart WMT, -2.74%, Target TGT, -5.06%, and Tencent 700, + 3.53% each reports disappointing results to add fuel to concerns about rising interest rates and quantitative tightening. But leaving Melvin Capital aside, there are no signs of capitulation. Over the past six … Read more

Jim Kramer predicts that these 5 charity trusts will resume “once the smoke clears”

CNBC’s Jim Kramer on Thursday told investors he was optimistic that the shares of “amazing companies”“ will return after the stock market faces better conditions, highlighting five names in particular. “In the long run, I think the best way to make money is to believe, not disbelieve, own, rent, take the pain and get involved. … Read more

Stephen Roach warns of stagflation, calling peak inflation absurd

Stagflation is back, according to former Morgan Stanley Asia chairman Stephen Roach. He warns that the United States is on a dangerous path that leads to higher prices combined with slower growth. “This inflation problem is widespread, persistent and likely to be long-lasting,” Roach told CNBC’s Fast Money on Thursday. “Markets are not even close … Read more