Finance

China fears are going to dissipate: Strategist

Fears of slow global economic growth and a glut in the oil market have ignited debates about whether there’s a recession ahead, but some think that the market, which started the year with a drop, will bounce back later this year. “The China fears will dissipate as they have for the last several years every time we have another China ... Read More »

Crude oil could rally more than 35% from here: Societe Generale

The International Energy Agency renewed concerns about a global oilglut after it said crude oversupply should continue through the end of 2016. The announcement follows the lifting of U.S. sanctions on Iran over the weekend, which experts project will add more crude to the market. Oil prices fell more than 3 percent Tuesday, settling at their lowest level since September ... Read More »

Asset managers’ S&P exposure at ‘record low’: BofA

The rise in global growth concerns, coupled with the worst start to a year by U.S. equities in history, has triggered a dramatic flight to safety. Bank of America Merrill Lynch said Tuesday that asset managers have cut their collective S&P 500 position to its lowest level since the bank began tracking the data in June 2010. BofAML said managers ... Read More »

Cashin: US could slip into a recession

Worried about the U.S. economy? UBS’ Art Cashin said you should be. “If corporations start to pull back and say ‘I don’t want to advance anything; I don’t want to hire anybody,’ we could slide into a recession,” Cashin told CNBC’s “Squawk Alley” on Tuesday. Earnings season unofficially began last week, with Alcoa posting mixed quarterly results. Since then, a ... Read More »

Cashin: US could slip into a recession

Worried about the U.S. economy? UBS’ Art Cashin said you should be. “If corporations start to pull back and say ‘I don’t want to advance anything; I don’t want to hire anybody,’ we could slide into a recession,” Cashin told CNBC’s “Squawk Alley” on Tuesday. Earnings season unofficially began last week, with Alcoa posting mixed quarterly results. Since then, a ... Read More »

Someone is about to be proven very wrong on Apple

the past six months, shares of the tech giant have fallen more than 25 percent, badly underperforming the S&P 500. And on Tuesday, Apple shares dipped below $96. Meanwhile, analysts’ average price target on shares of the stock is $140, according to data provider FactSet. Some, like Goldman Sachs, see the stock even higher; that bank’s analyst has a price ... Read More »

Someone is about to be proven very wrong on Apple

Analysts and traders are extremely far apart on shares of Apple. Over the past six months, shares of the tech giant have fallen more than 25 percent, badly underperforming the S&P 500. And on Tuesday, Apple shares dipped below $96. Meanwhile, analysts’ average price target on shares of the stock is $140, according to data provider FactSet. Some, like Goldman ... Read More »

Why top investor Link likes low oil plays

Stephanie Link, managing director at TIAA-CREF, bought Carnival for her “Halftime Report” model portfolio on Tuesday. Carnival is a global travel company, which owns such brands as Carnival Cruise Line, Holland America Line and Princess Cruises. The company operates a fleet of over 100 ships. [“source -cncb”] Read More »

These stocks could see big moves out of earnings this week

After a tough start to the year, investors are eyeing company earnings reports as a potential catalyst to boost the already fragile market. And as the heart of the season gets underway, options traders are expecting some big moves from many of the stocks. High-flying Netflix, which is scheduled to report Tuesday after the closing bell, is projected to see ... Read More »

Investor sentiment sends the wrong message

Turmoil in the markets has investors worried for 2016. But the pain in the downturn could already be behind us, and there could be ways to capitalize. A survey of investors last week showed near-record low confidence in the market over the next six months, a sentiment that seemed vindicated Friday when the S&P 500 fell 2 percent to cap ... Read More »