Morgan Stanley’s Mike Wilson says his S&P 500 call is more bearish than most, and explains why

Morgan Stanley Chief U.S. Equity Strategist Mike Wilson, who accurately called this year′s sell-off, said the market has now “run out of steam” and reiterated his bearish bet on the S & P 500 . Wilson, a prominent market bear in 2022, expects the U.S. large-cap index to fall to the 3,000-3,300 level by the first quarter … Read more

GE HealthCare Is Going Independent. This Is Where the Stock Should Trade.

To start 2023, investors will have a choice to invest in a brand new $18 billion company with some 50,000 energized employees and a plan to create shareholder value. To close out 2022, that company—GE HealthCare—is on the road, introducing itself to investors. With each new detail that emerges investors get a better sense of … Read more

On the eve of the Fed’s decision, the case for stocks’ year-end strength is solidifying

This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics. The market is well on its way toward assuming disinflation is the new trend, and it’s now busy figuring out how this will interact with Federal Reserve policy and the ultimate economic growth picture for … Read more

Jim Cramer's top 10 things to watch in the market Monday

U.S. stock futures point to a bounce at the open after the S&P 500 had its worst week since September.

The Stock Market Had a Terrible Week—and Now the Fed Meeting Is on Tap

Things tend to slow down for the holidays. The stock market isn’t there yet. With Christmas just a couple of weeks away, it’s easy to look ahead to candy canes, caroling, and presents under the tree, but there’s still work to be done. The coming week certainly won’t be boring, with highly anticipated inflation data … Read more

Buffett’s Likely Successor Buys $68 Million of Berkshire Stock

Berkshire Hathaway Vice Chairman Greg Abel, the likely successor to CEO Warren Buffett, bought about $68 million of the company’s shares last Thursday in what appears to be his first purchases of Berkshire stock since he assumed the position in 2018. In several Form 4 filings Monday with the Securities and Exchange Commission, Abel disclosed … Read more

Logistics Not to Blame for Tesla’s Deliveries Miss. There Is a Bigger Reason.

Tesla stock was getting hammered after weaker-than-expected third-quarter delivery numbers. Wall Street seems to believe the shortfall was due to logistics. That isn’t what investors are worried about, however. They’re worried about demand. Tesla (ticker: TSLA) reported Sunday third-quarter deliveries and production of 343,830 and 365,923 units, respectively. Wall Street was looking for about 358,000 … Read more

Underperformance is ‘abysmal’ in the long run for active fund managers

The S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. The numbers suggest they still have a long way to go, though. S&P Global recently published its Mid-Year 2022 SPIVA U.S. Scorecard, which measures how well U.S. actively managed funds perform against … Read more

Good riddance September: We gauge the damage in the market and get ready for October

While the outlooks for stocks and the economy are bleak, Jim Cramer says it's not 2000 or 2008.

How Low Will the Stock Market Go? S&P 3300 Might Just Be the Start.

The stock market desperately wants to put in a low. The Federal Reserve won’t let it. You wouldn’t know that from looking at the market this past week. On the one hand, U.S. economic data remains strong, as jobless claims fell below 200,000 for the first time since May, a sign that the Fed will … Read more