Evercore ISI’s Julian Emanuel on what to make of today’s market action. With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Bonawyn Eison, Guy Adami and Mike Khouw. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
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BREAKING: Recession News
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Recession Watch: Evercore’s Julian Emanuel warns stocks are getting close to testing the October low
The stock market has been a roller coaster ride lately, with investors nervously watching for signs of a potential recession. Julian Emanuel, chief equity and derivatives strategist at Evercore ISI, has recently warned that stocks are dangerously close to testing the October low, raising concerns among market participants.
Emanuel’s analysis focuses on the notable decline that occurred in October 2022. Back then, fears of inflation and rising interest rates triggered a massive sell-off, causing a sharp drop in stock values. Many investors have been hoping to avoid revisiting those levels, as it could indicate a deeper and more sustained market correction.
According to Emanuel, the recent market volatility and escalating concerns about inflation could push stocks towards the October low once again. He bases his prediction on technical indicators, market sentiment, and historical patterns. Emanuel argues that if the S&P 500 falls below 4,100, it would likely lead to a test of the October low, which sits around 4,300 points.
However, it’s essential to note that Emanuel is not the only voice shedding light on this potential scenario. Many market analysts and experts have been cautioning about the fragility of the current market conditions. Lingering inflationary pressures, the risk of tighter monetary policies from central banks, and geopolitical uncertainties, such as the ongoing COVID-19 pandemic and geopolitical tensions, all contribute to the growing concerns.
Investors are also keeping a close eye on the Federal Reserve’s next moves. The central bank has been signaling potential interest rate hikes in response to mounting inflation pressures. Any unexpected tightening of monetary policy could spook the market, potentially triggering the feared test of the October low.
It is worth pointing out that predictions about the stock market are by no means foolproof. Many variables and unforeseen events can rapidly alter the market dynamics. However, the warnings from various experts, including Emanuel, should not be taken lightly. Investors need to be prepared for potential downside risks and have a well-diversified portfolio that can weather market turbulence.
So, what should investors do in such uncertain times? First and foremost, maintaining a long-term perspective is crucial. Short-term market fluctuations should not dictate hasty investment decisions. Diversification across different asset classes is also vital to mitigate risks. Investors should consider rebalancing their portfolios to ensure they have exposure to various sectors and regions.
Moreover, staying informed and keeping up with market developments is essential. Regularly reviewing investment strategies and consulting with financial advisors can provide valuable guidance during uncertain times. Investors should also be prepared to adjust their positions if market conditions change significantly.
While the possibility of stocks testing the October low remains uncertain, investors should be mindful of the potential risks and take necessary precautions. Prudent risk management and a well-informed approach can help navigate the current volatility, providing some level of reassurance in an otherwise stormy market environment.
Market crap. Barely any gains if ur lucky
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
Instead of trying to predict whether or not we’re going into more recession and keep losing your money, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every quarter according to Bloomberg.
Like a forest fire that wipes out the old trees to make room for new growth, bearish periods ultimately establish a new crop of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
Is there anything like proof recession stock? I am 58 years and would like help in managing my retirement portfolio which is currently $1.25M…down from a high of $1.67M….
The stock market has been a really tough one this past year, but I watched an interview on CNBC where the anchor kept mentioning "Katrina Vanrensum ". This prompted me to get in touch with her, and from August 2022 till now we have been working together, and I can now boast of $540,000 in my trading portfolio.
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day.
Time to load up on favorite stocks while prices are low Recession is more then welcome take advantage y’all !!!!!!!!!!
Helpful
The stock market rally still appears to be in the midst of a normal pullback. I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no? my reserve of $450K is laying waste to inflation and I don't know what to do at this point tbh
I began accumulating wealth when I started following up my investment properly, The value of expert mentorship cannot be overstated. Without proper mentoring, people tend to make mistakes and loose money. This is why I prefer to invest with Juliann Hart because her methods are unique and extremely profitable-
I just bought more of these a few minutes ago. Tying up money due to an apocalyptic stock market crash is also not a smart move. Life is a risk and it's better to take risks than to do nothing, you can't always expect to make huge profits all the time, people have so many opinions about a recession/depression. In just 5 months my portfolio grew by $300,000 in gross profit, the main thing is to expand your portfolio and you will see amazing results by investing smartly.
Some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be — and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.
It’s a shame there’s not a better way to curb runaway inflation then by just raising interest rates. You just wonder having had such a long free money period of ultra low interest rates coupled with a historic national debt how this recession could be worse then some are thinking. Of course we wouldn’t be stupid enough to default on our loans..
An couple of bearish old guys that hate tech hahahah xD
^Thank you for your videos mate. I Will advice traders especially newbies to have orientation of trading before they get involved in it because the Crypto market has been unstable, forget predictions and start making a good profit now because future valuations are all speculations and guesses. when news gets bearish start buying. "Keep it simple" That correction was the best thing that happened me. but all thanks to Derrick Walter for his amazing skills for help me to earn 11 BTC through trading chart..
do not legislate until there's a crash then we want government to save us
This is the guy who was bullish last time he was on.