Finance

Morgan Stanley’s investing strategy for 2016

The big question for 2016 is how does one invest as the Federal Reserve steadily increases interest rates. Morgan Stanley chief U.S. equity strategist Adam Parker told clients on Dec. 21 this rate hike cycle is different, so it requires a distinctive strategy: “We have been arguing for some time that the historical playbook for interest rate hikes doesn’t apply. ... Read More »

Early movers: PBY, CSCO, FCX, RIG, WFM, GRUB, JPM, VRX & more

Check out which companies are making headlines before the bell: Cisco Systems — A U.S. court of appeals ruled the tech giant did not infringe a patent holding company’s Wi-Fi technology, reversing a near $64 million judgment against it. Freeport-McMoRan — Shares of the gold and copper producer rose nearly 2 percent in the premarket, bouncing back from a 9.51 ... Read More »

‘Ominous signal’ suggests more selling ahead: Technician

As 2015 wraps up this week, stocks may be signaling a rocky start to the new year. Ari Wald, head of technical analysis at Oppenheimer, believes the S&P 500 is heading for a steep sell-off in the first quarter of next year. Wald said mounting selling pressure, indicated by declining stocks falling on heavier volume than advancing stocks have risen, ... Read More »

Why year-end rally has hard time taking off

Read MoreDon’t fret if Santa hasn’t showed up on Wall St. yet Tuesday’s data includes S&P/Case-Shiller home prices at 9 a.m. and consumer confidence at 10 a.m. there is also a 5-year Treasury auction at 1 p.m. ET. Luschini said he’s still holding out hope for a year-end rally that will take the S&P 500 to positive territory for the ... Read More »

JPMorgan to up deposit rates for some clients in Jan

JPMorgan Chase plans to raise deposit rates for most large clients next month, becoming one of the first banks to do so since the Federal Reserve hiked interest rates earlier this month. Sources told CNBC that interest rates would rise on operating deposits held in dollars, but did not specify by how much. The Fed voted earlier this month to ... Read More »

Your first trade for Tuesday, December 29

The “Fast Money” traders revealed their final trades of the day. Tim Seymour was a seller of Blackstone. David Seaburg was a buyer of JD.com. Brian Kelly was a buyer of Garmin. Dan Nathan went defensive and was a buyer of the Utilities Select Sector SPDR ETF. Trader disclosure: On December 28, 2015, the following stocks and commodities mentioned or ... Read More »

Cramer: Cash in on stocks due for a bounce

While Jim Cramer likes to take fundamentals into consideration when investing in stocks, there is also added value to using the charts to make a decision. That is why he decided to focus on the technicals of a stock, especially when it comes to determining if a stock is overbought and ripe for a pullback—or oversold and ready for a ... Read More »

After-hours buzz: Pep Boys, Fitbit, Kohl’s & more

  Check out the companies making headlines after the bell Monday: Pep Boys stock soared in extended-hours trading. This move came on the heels of activist investor Carl Icahn’s increased bid against competing tire company Bridgestone to acquire Pep Boys. Icahn is the second-largest shareholder with more than 11 percent of the auto parts company. Rambus shares also climbed higher ... Read More »

Bet on auto loans in 2016: Expert

Don’t give up on betting safely and scoring decent yields for 2016, says Thornburg Investment Management’s Jeff Klingelhofer. “The consumer balance sheet is where we are finding the most interesting sources of yields,” the portfolio manager told CNBC’s “Power Lunch” on Monday. Klingelhofer considers auto loans and credit-card securitizations as key sectors for the coming year. While Klingelhofer notes that ... Read More »

Expert: Energy sector will be profitable in 2016

Craig Columbus of Tower Square Investment Management said Monday that the worst-performing sector in 2015 will be profitable next year. “We are now at peak energy pessimism. If you look at commodity bear-market cycles, they typically last 20 years, but most of the price damage is done in the first six years. We’ve had five consecutive negative commodity-priced years,” the ... Read More »