Critical information for U.S. stock trading

  • JPMorgan’s chief global strategist is ‘max bearish’ on U.S. stocks
  • Stock-market futures point to a pullback
  • Stocks remain overbought and investors complacent
  • 2024 setup looks eerily similar to 2022
  • S&P 500 finished 2022 with a 19% loss
  • Strategist sees financials as the top pick for investors
  • Energy, communication services, and utilities are tied for second place
  • Bonds may be time to ‘digest market moves’
  • Constructive on commodities, but fading gold
  • Stock futures are pushing lower, oil and gold are higher
  • Hewlett Packard Enterprise in talks to buy Juniper Networks
  • Activist investor Elliott Management wants changes at Match Group
  • Samsung forecasts plunging fourth-quarter profit
  • Urban Outfitters reports a 10% rise in annual sales
  • Deutsche Bank upgrades JPMorgan Chase, downgrades Wells Fargo
  • United Airlines finds loose bolts and ‘installation issues’ on Boeing planes
  • Trade deficit and Fed Vice Chair for Supervision speech expected
  • National Association of Realtors president resigns after receiving ‘threat’
  • South Korea outlaws dog meat industry
  • Lithuania’s first unicorn: The Vinted phenomenon
  • Top tickers: Tesla, Nvidia, Boeing, Apple, AMC, Nio, GameStop, Marathon Digital, Amazon.com, Advanced Micro Devices
  • Indonesia sends rare singing small apes back to the wild
  • The real reason urine is yellow

JPMorgan’s chief global strategist, Marko Kolanovic, is ‘max bearish’ on U.S. stocks, citing similarities to the market conditions in 2022. Stocks remain overbought and investors complacent, despite the partial early-year reversal. The S&P 500 finished 2022 with a 19% loss, its biggest since 2008. Kolanovic sees financials as the top pick for investors, with energy, communication services, and utilities tied for second place. Bonds may be a good option to ‘digest market moves’. The strategist is constructive on commodities but fading gold. In other news, Hewlett Packard Enterprise is in talks to buy Juniper Networks, activist investor Elliott Management wants changes at Match Group, and Samsung forecasts plunging fourth-quarter profit. National Association of Realtors president resigns after receiving a ‘threat’, South Korea outlaws the dog meat industry, and Lithuania celebrates its first unicorn, The Vinted phenomenon. Top tickers include Tesla, Nvidia, Boeing, Apple, AMC, Nio, GameStop, Marathon Digital, Amazon.com, and Advanced Micro Devices. Indonesia sends rare singing small apes back to the wild, and the real reason urine is yellow.

Public Companies: Nvidia (NVDA), Samsung Electronics (005930), Juniper Networks (JNPR), Hewlett Packard Enterprise (HPE), Match Group (MTCH), Urban Outfitters (URBN), Deutsche Bank (DB), JPMorgan Chase (JPM), Wells Fargo (WFC), United Airlines (UAL), Boeing (BA), Tesla (TSLA), Apple (AAPL), AMC Entertainment (AMC), Nio (NIO), GameStop (GME), Marathon Digital (MARA), Amazon.com (AMZN), Advanced Micro Devices (AMD)
Private Companies:
Key People: Marko Kolanovic (Chief Global Strategist at JPMorgan), David Rosenberg (Veteran Strategist), Marius Jongstra (Unknown), Bhawana Chhabra (Unknown), Bill Gross (Former bond king), Michael Barr (Fed Vice Chair for Supervision), Michelle Bowman (Fed Governor)

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Factuality Level: 2
Justification: The article contains a mix of market analysis, predictions, and news updates. However, it lacks specific details, sources, and evidence to support the claims made by the various analysts mentioned. The article also includes some irrelevant information and tangential details that do not contribute to the main topic.

Noise Level: 3
Justification: The article contains a mix of relevant information about the stock market and predictions from various strategists. However, it also includes unrelated information such as news about Juniper Networks and random reads about urine color.

Financial Relevance: Yes
Financial Markets Impacted: The article discusses the performance of stocks and provides insights on sectors that may be attractive to investors.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article primarily focuses on the performance of stocks and provides analysis and recommendations for investors. There is no mention of any extreme events or their impact.

Reported publicly: www.marketwatch.com