Trader Talk

The earnings recession is not happening. Despite disappointments from MMM, Q1 earnings for the S&P 500 are now expected to be flat for the first quarter after dire predictions in December. Strong reports from Facebook and Microsoft and CNBC parent Comcast were the key to raising S&P 500 earnings estimates from down 2.5% two weeks

SEC Chief Jay Clayton, who is in charge of protecting American investors, has strong thoughts on what Americans need to do to save for an adequate retirement. Clayton will appear on The Exchange with Kelly Evans and myself Friday at 1 p.m. ET to talk about the SEC’s job to protect American investors, maintain fair,

Traders work at the New York Stock Exchange in New York, the United States. Xinhua News Agency | Getty Images We’re at the half-way mark for first quarter earnings. With 261 companies reporting in the S&P 500, earnings are up 0.7% on a blended rate, according to Refinitiv. “We have avoided an earnings recession —

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the opening bell, January 4, 2019 in New York City. Drew Angerer | Getty Images It is May, but this year don’t sell and get out just yet. The “Best Six Months” strategy has become legendary on Wall

Art Cashin David A. Grogan | CNBC Stocks are hitting resistance now, and it’s about time. The S&P 500 surged 40 points in just six days, hitting historic highs on Tuesday, but we’ve already given up most of those gains, down 30 points since the open on Wednesday. You can blame oil’s drop for part

Traders work on the floor at the closing bell at the New York Stock Exchange. Bryan R. Smith | AFP | Getty Images The markets have woken up to two facts: The odds of a tariff increase on Friday are much higher than the market had estimated and stocks will be dramatically overvalued if this

The IPO market is off to an exceptionally strong start, after a two-month hiatus around the government shutdown. According to Renaissance Capital, 42 IPOs have priced this year. The average first-day pop has been 22%, well above the average of 13% to 15%. The above-average performance extends beyond the first day of trading. About 62%

Traders work under monitors displaying 3M Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S. Michael Nagle | Bloomberg | Getty Images The trade wars have now become real. Bulls like to point to the fact that the S&P 500 is only 4.5% off its historic high, but