In this photo illustration of the TradingView stock market chart of SVB Financial Group seen displayed on a smartphone with the SVB Financial Group logo in the background. Igor Golovniov | Lightrocke...
Tag: Financial Select Sector SPDR Fund
Morgan Stanley’s Mike Wilson issues correction warning
Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even though a majority of insti...
RBC top analyst sees comeback
Investors who are “apathetic” or negative toward banks will change their stance in the year’s second half, according to RBC Capital Markets’ top banking analyst. Gerard Cassidy...
Recession won’t strike stocks despite ugly market
While retail investors head for the exits as stock prices sharply fluctuate, Evercore ISI’s Julian Emanuel wants to put money to work. He calls the market environment very ugly, but he believes ...
Despite interest rate hikes, Tony Dwyer predicts sharp market bounce
While Wall Street braces for a half point interest rate hike on Wednesday, Canaccord Genuity’s Tony Dwyer sees the ingredients for a sharp market bounce. However, it’s unrelated to a funda...
50% of market is in a bubble, Dan Suzuki warns as Fed gets ready to meet
The market may be in the early innings of a dramatic decline. Despite Monday’s tech comeback, money manager Dan Suzuki of Richard Bernstein Advisors warns the group is in a “bubble.”...
Volatility to shock investors in messy market: BofA’s Subramanian says
Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned on CNBC’s “Fast Money” a m...
Dot-com bubble dynamic may drive S&P 500 above 5,500: Julian Emanuel
Market bull Julian Emanuel sees a dot-com era dynamic that could shatter the S&P 500’s record highs. In his first TV interview since starting at Evercore ISI, Emanuel told CNBC’s ̶...