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January 15, 2021

S&P 500 Index

‘Careful what you wish for’: Hedge fund manager says Biden’s spending plan could cause market crash akin to 1929

CNBC
CNBC – For more and to sign up click here People gathering on Wall Street in front of the New York Stock Exchange, October 25, 1929. Ullstein bild | Getty Images President-elect Joe Biden’s Covid spending plan could recreate the financial conditions seen in the run-up to the 1929 Wall......

Stock futures little changed as Biden unveils $1.9 trillion stimulus plan

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were mostly flat on Thursday evening after President-elect Joe Biden announced details of a $1.9 trillion stimulus plan, one of the top agenda items when his......

Calm stock market may be anticipating Biden’s more normal White House

CNBC
CNBC – For more and to sign up click here U.S. President-elect Joe Biden speaks as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, U.S., January 8, 2021. Kevin Lemarque | Reuters President-elect Joe Biden’s inauguration next week is expected to usher in......

CEO of world’s largest money manager sees stocks rallying in 2021 but not as much as last year

CNBC
CNBC – For more and to sign up click here BlackRock‘s Larry Fink told CNBC on Thursday that he believes the stock market has further room to run higher. However, the chairman and CEO of the world’s largest asset manager cautioned that the rally may not be as robust as it......

Stocks are climbing a ‘wall of worry’ too quickly amid tax risks, Oppenheimer’s John Stoltzfus says

CNBC
CNBC – For more and to sign up click here Oppenheimer Asset Management’s John Stoltzfus is questioning the force of the historic market rally. Stoltzfus, who is the firm’s chief investment strategist, warned clients in a research note this week that “These benchmark moves had even long-term bulls like us......

Starbucks pledges $100 million to help small businesses and communities

CNBC
CNBC – For more and to sign up click here Starbucks is starting a $100 million fund aimed at investing in community development projects and small businesses in areas populated by Black, Indigenous and people of color. The company’s Community Resilience Fund is part of a broader plan to step......

Jim Cramer: ‘The futures just can’t seem to drag this stock market down’

CNBC
CNBC – For more and to sign up click here Stocks took a breather on Monday after a multi-day rally took major U.S. indexes to record highs last week, but market sentiment remained positive as investors continued to find new reasons to put more money in the market, CNBC’s Jim......

What rising rates could mean for the stock market

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the NYSE. NYSE The quick move higher in bond yields is sending a warning about the stock market – especially growth stocks. The benchmark 10-year Treasury has risen about 20 basis points since the......

Jeff Gundlach says stock market valuations are extraordinarily high, supported only by the Fed

CNBC
CNBC – For more and to sign up click here Jeffrey Gundlach Adam Jeffery | CNBC Jeffrey Gundlach, founder of DoubleLine Capital, raised concerns Monday about the stock market’s elevated valuation relative to historical levels and believes rising inflation could upend investors this year. “At extraordinarily high valuations is where......

Cramer: Dow drop at open reflects ‘week of danger’ ahead as Democrats try to remove Trump

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Monday the weakness in the stock market reflects the uncertainty in Washington after last week’s attack on the Capitol and ahead of next week’s inauguration of President-elect Joe Biden. The House Democratic leadership plans to seek......

Stocks enter the manic, exuberant bull market stage, but that doesn’t mean it’s near ending

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Wall Street needed no warm-up to get rolling into 2021.  Investors are limber, money is loose and the market is already running hot, powered by two independent energy......

How concerned investors should be about Biden’s tax proposals

CNBC
CNBC – For more and to sign up click here US President-Elect Joe Biden delivers remarks before the holiday at The Queen in Wilmington, Delaware on December 22, 2020. Alex Edelman | AFP | Getty Images Stocks and taxes: What’s going to happen?  The Democrats’ control of Congress is shining a......

How Warren Buffett’s uphill battle against the S&P 500 is changing

CNBC
CNBC – For more and to sign up click here Warren Buffett during an interview with CNBC’s Becky Quick on February 24, 2020. It turned out to be another year during which the billionaire investor shied away from game-changing acquisitions in a pricey market even after a sudden market cash......

Capitol chaos and a record market rally: Traders on the disconnect between Washington and Wall Street

CNBC
CNBC – For more and to sign up click here Washington and Wall Street are seemingly existing in two different realities. After a chaotic day at the Capitol on Wednesday, the three major indexes rallied to new records, undeterred by continued political unease. Nancy Tengler, chief investment officer at Laffer......

Stock futures little changed after Wall Street hits new record highs

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Investors will get a key piece of economic data on Friday morning when the Labor Department releases its monthly jobs report for December. Economists surveyed by Dow Jones......

Democratic control of Congress would bring new risks for stocks, but won’t stop the bull market

CNBC
CNBC – For more and to sign up click here Democratic U.S. Senate candidates Jon Ossoff (R) and Raphael Warnock (L) of Georgia wave to supporters during a rally on November 15, 2020 in Marietta, Georgia. Jessica McGowan | Getty Images Democratic control of Congress should help keep the bull......

Homebuilding stocks ‘are not as strong as they once were,’ but these derivative names could still see gains, trader says

CNBC Real Estate
Homebuilding stocks could be losing steam. Though the group outperformed in 2020, with the SPDR S&P Homebuilders ETF (XHB) and the iShares U.S. Home Construction ETF (ITB) both beating the S&P 500 by about 10 percentage points, pure-play homebuilding stocks are faltering, JC O’Hara, chief market technician at MKM Partners,......

Coronavirus surge will spark ‘reckoning’ on Wall Street this month, National Securities’ Art Hogan warns

CNBC
CNBC – For more and to sign up click here National Securities’ Art Hogan sees trouble brewing in the market. Even though the major indexes closed higher on Tuesday, he sees the coronavirus case surge overtaking positive vaccine news as a market driver — resulting in a 5% to 8%......

Political worries rattled the market Monday and might not go away soon

CNBC
CNBC – For more and to sign up click here Voters stand in line to cast their ballots during the first day of early voting in the US Senate runoff at the Gwinnett Fairgrounds, December 14, 2020, in Atlanta, Georgia. Tami Chappell | AFP | Getty Images Apprehension about Georgia’s......

Jim Cramer reveals his 10 investment themes for 2021

CNBC
CNBC – For more and to sign up click here Wall Street on Monday labored through a tough day to open the new trading year, which prompted CNBC’s Jim Cramer to break down the top investing themes he’ll be watching in 2021. Investors should keep secular trends in mind because......

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