'Investors should fade YTD rally' argues JPMorgan's Kolanovic

Morgan Stanley Reiterates View of No Hike in March, 'ample room for the data to shift Fed views'

February 1, 2023 2:27 PM EST

Morgan Stanley Reiterates View of No Hike in March

Analyst Ellen Zentner comments "Chair Powell now prepares for the Q&A at2:30PM ET, and we expect he will to drive home a hawkish message. Rates of core inflation have moved into a lower range, and wage gains... More

JP Morgan's Marko Kolanovic is telling clients to fade the YTD rally

January 30, 2023 12:59 PM EST

JP Morgan's Marko Kolanovic is telling clients to fade the YTD rally

... More

S&P 500 could overshoot 4600 in H1 2023 - Oppenheimer

January 30, 2023 7:30 AM EST

While some equity strategists, like Morgan Stanleys Michael Wilson, see this weeks Fed meeting as a catalyst for stocks to rotate lower, some also see a chance for the rally to extend beyond the critical resistance of 4100.

Oppenheimers Ari Wald argues that the S&P 500 has finally managed to reverse its 2022 downtrend after the index broke above the descending trend line.

We expect strength to continue over the coming months, because 1) our cycle... More

Dow Jones, Nasdaq, S&P 500 weekly preview: Why analysts expect stocks to rotate lower

January 30, 2023 7:13 AM EST

U.S. futures are moving lower in pre-market Monday as investors brace for another busy week. The Federal Reserve meeting is the key event and the biggest catalyst for stocks this week, in addition to the continuation of the earnings season.

S&P 500 gained 2.5% last week to finally close above the descending trend line that connects previous lower highs. However, the rally stopped at another important resistance - 4100 - which is likely to cap any near-term gains, until at least the Fed takes the central stage on Wednesday.

Nasdaq Composite Index (IXIC) closed over 4.3% higher last... More

Tech, megacaps drag Wall St to lower close as big market week kicks off

January 30, 2023 6:51 AM EST

By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian

NEW YORK (Reuters) - Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors looked toward a major week of events including central bank meetings and a slew of earnings reports.

The heavyweight tech sector dropped 1.9% while energy shed 2.3%, the biggest drop among the S&P 500 sectors. Shares of Apple Inc, Amazon.com Inc and Google parent Alphabet Inc, which are due to post results later this week, all slumped.

More than 100 S&P 500 companies are... More

'Don't Fight the Fed' is still alive and this week will serve as a reminder - MS Wilson

January 30, 2023 6:01 AM EST

Michael Wilson, the Chief U.S. Equity Strategist and Chief Investment Officer at Morgan Stanley, sees the case for the U.S. equities moving lower this week on the back of the month-end rebalancing and the upcoming FOMC meeting.

Wilson seems surprised by the magnitude of the recent jump in stocks; however, he believes all good news is now priced in. The S&P 500 is up... More