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Wall Street Stares At Weaker Open On Rate Anxiety, Hopes For Better Earnings: Analyst Pencils Key S&P 500 Support Level
Thursday, May 9, 2024 - 7:27am | 1772Trading in U.S. index futures suggests stocks may be off to a lackluster start again on Thursday. Much of the negativity in the recent session was triggered by the lack of clarity on the Federal Reserve’s rate trajectory. The spotlight is likely to be on another slew of earnings reports and a...
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US Stocks Brace For Negative Start Amid Tech Earnings Disappointments, Caution Ahead Of Data: 'Worst Of This Two-Week Decline Is Behind Us,' Says Analyst
Thursday, April 25, 2024 - 6:17am | 2063The back-and-forth motion in the market continues, with the index futures pointing to a lower opening on Thursday. Meta Platforms, Inc.’s (NASDAQ:META) lukewarm second-quarter revenue guidance and commentary regarding investment punctured the stock, while International Business Machines Corp...
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Investment Expert Predicts 13% Downside In S&P 500 By Year-End With 4,500 Target: 'We Don't See The Justification For Higher Multiples'
Tuesday, March 12, 2024 - 10:05pm | 616Morgan Stanley’s Chief Investment Officer, Mike Wilson, reinforces his bearish stance on the stock market, citing apparent incipient speculation among investors. What Happened: Wilson, in an interview with Bloomberg Surveillance Radio on Tuesday, noted a significant rise in speculative...
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Nasdaq, S&P 500 Futures Diverge After Thanksgiving Holiday: Analyst Warns Next Year Will Be A 'Tale Of Two Halves'
Friday, November 24, 2023 - 8:24am | 926U.S. stocks could start the final session of the trading week on a mixed note as they reopen after Thanksgiving. Friday’s session is abbreviated and the market closes at 1 p.m. ET. Nvidia Corp.’s (NASDAQ:NVDA) lean patch continues and the negative sentiment could pervade into the rest...
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Morgan Stanley Warns US Stocks Heading For 'Boom-Bust Cycle'
Tuesday, August 8, 2023 - 1:08am | 409Morgan Stanley‘s Mike Wilson cautions on an impending earnings recession due to declining inflation, Business Insider reports. Wilson, who is the Chief Investment Officer of Morgan Stanley, has reiterated his concerns about the stock market being in a “boom-bust cycle.” He...
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S&P 500's H1 Rally Exceeds Forecasts: Is Market Set For Extended Bull Run?
Friday, June 30, 2023 - 8:49am | 671The market has shown resilience this year, defying economic uncertainties surrounding growth and interest rates. On The Rise: The S&P 500, a broad market gauge, concluded 2022 with a 19.4% decline at 3,839.50, with technology stocks leading the retreat. At the beginning of this year,...
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Morgan Stanley's Mike Wilson Says Profit Recession Still Underway, Reiterates 3,900 Year-End Target For S&P 500
Thursday, June 15, 2023 - 5:27am | 404Morgan Stanley's top equity strategist Mike Wilson has reportedly reiterated his year-end target of 3,900 on the S&P 500 Index while warning that a profit recession is still underway. "Inflation is going to come down. It's not going to be good for stocks because that is where the earnings power...
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Morgan Stanley's Chief Investment Officer Issues Macro Warning To Traders, Says Investors Are Being Fooled By Rise In Liquidity
Saturday, May 27, 2023 - 10:35am | 539Morgan Stanley’s (NYSE: MS) Chief U.S. Equity Strategist and Chief Investment Officer Mike Wilson says that the equities will finish out the year weaker than they are trading today, possibly due to adverse macroeconomic fundamentals. In an interview on Friday,...
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Falling Inflation A Deceptive Harbinger Of Doom; Analyst Warns Earnings Expectations Are Too High
Monday, April 24, 2023 - 12:11pm | 472Morgan Stanley's chief U.S. equity strategist and chief investment officer Mike Wilson said that U.S. equities are likely to witness a short-term blow given the risks of further Federal Reserve rate hikes and declining corporate earnings. The S&P 500 index, which is tracked by the SPDR S...
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Morgan Stanley Strategist Says Bond Market Pricing Some Sort Of Recession But Equity Market Still In Denial
Tuesday, March 21, 2023 - 3:42am | 586Morgan Stanley Chief U.S. Equity Strategist and CIO Mike Wilson reportedly said the bond market is effectively pricing some sort of a recession at this point, while the equity market is still in denial. "When the yield curve goes negative, it has high predictability that a...
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Zoned Properties Invests In AnamiTech & GreenSpace PropTech Platform
Wednesday, June 29, 2022 - 7:46am | 725Zoned Properties, Inc. (OTCQB: ZDPY) has invested in Anami Technologies, Inc., which recently launched its flagship property technology (“proptech”) platform, GreenSpace. AnamiTech is the brainchild of Mike Wilson, a veteran entrepreneur and the founder and CEO of Temeka Group, an...
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8 Trading Themes To Watch In 2022
Wednesday, December 29, 2021 - 11:16am | 937The SPDR S&P 500 ETF Trust (NYSE: SPY) is on track to finish an unpredictable 2021 near record highs after a third consecutive year of 16%-plus gains for the market. But with inflation concerns lingering and uncertainty surrounding the ongoing pandemic, there are plenty of reasons for...
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Markets Risk Short-Term Correction On Overbought Stocks, Morgan Stanley Warns
Thursday, December 3, 2020 - 3:02am | 540U.S. equities are overbought after their recent surge in November and risk a short-term correction, Mike Wilson, Morgan Stanley's chief U.S. equity strategist, told Bloomberg. The Analyst Thesis: The market has become frothy after rallying in the last couple of weeks...
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Tech Selloff Is Far From Over, Warns Morgan Stanley
Tuesday, September 22, 2020 - 4:19am | 354Morgan Stanley Chief U.S. Equity Strategist Mike Wilson has warned that selloff in U.S. equities isn't over yet, reports Bloomberg. What Happened: Last month, Wilson had called the peak in S&P 500 after the massive rally, which led to a lopsided market. "We expect a growth scare to be...