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Thursday’s big stock stories: What’s likely to move the market in the next trading session

Here’s what’s on the radar for CNBC TV heading into Thursday’s session after Wednesday’s rally attempt ultimately failed.

Author Posted on August 7, 2024Categories Uncategorized

‘Mag 7’ stocks are cheap and a buy after sell-off as long as no recession, Morgan Stanley says

This week’s steep sell-off in the market’s reigning technology leaders could be a buying opportunity for investors, according to Morgan Stanley.

Author Posted on August 7, 2024Categories Uncategorized

These high-dividend-yielding stocks could see a rebound as rates decline, BMO says

These dividend stocks are poised to move higher after the Federal Reserve starts cutting rates, says BMO.

Author Posted on August 7, 2024Categories Uncategorized

Eli Lilly reports earnings Thursday. Here’s what Wall Street is watching

Novo Nordisk saw price pressure for its GLP-1 drugs Ozempic and Wegovy. Investors want to know how Eli Lilly’s Zepbound performed.

Author Posted on August 7, 2024Categories Uncategorized

Citi’s post-pullback stock shopping list: Where to go after market sell-off

Investors looking to sift through the sell-off should look for stocks that can withstand an economic shakeout, according to Citi.

Author Posted on August 7, 2024Categories Uncategorized

Tempted to buy some beaten-up stocks? Look for these chart signals first

David Keller breaks down the chart in Salesforce and gives key tips for buying beaten-up stocks.

Author Posted on August 7, 2024Categories Uncategorized

Gold could end up being the best investment of 2024

The gold trade has held up better than riskier asset classes in August and could benefit from Fed rate cuts in the months ahead.

Author Posted on August 7, 2024Categories Uncategorized

Warren Buffett now owns more T-bills than the Federal Reserve

The Omaha-based conglomerate held $234.6 billion in short-term investments in Treasury bills by the end of the second quarter.

Author Posted on August 7, 2024Categories Uncategorized

Bitcoin proving it’s not quite the ‘digital gold’ many traders were hoping for it to become

The market chaos this week has revived the debate about how to value bitcoin: Is it a risk asset or a hedge?

Author Posted on August 7, 2024Categories Uncategorized

Using options to generate income on Nvidia’s volatility and maybe get long the stock for cheap

Tony Zhang breaks down how to use the market volatility to your advantage.

Author Posted on August 7, 2024Categories Uncategorized

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