Stocks jump after Moderna announces vaccine news, Goldman beats estimates — five experts on what to watch now

"Look at this market. I mean once again, remember we had a big update yesterday ... There are a lot of people who have to be converted to bulls pretty soon."

Rick Rieder, global CIO of fixed income at BlackRock, laid out the catalysts for the market's bullishness. "The markets are reacting to a couple of things. One, we are improving, whether it's this vaccine, whether it's vaccines we're seeing domestically or internationally out of China, Japan, etc. The development is impressive. And the other thing the market is reacting to is this extraordinary liquidity and the fact there's nothing else to do when theAmy Wu Silverman, head of derivatives strategy at RBC Capital, described what the options market expects.

"It was interesting because Wells Fargo was implying a [dividend] cut but not nearly the severity that we saw yesterday. So you know the options market came into this underpricing dividends, and it kind of makes me flag what else it could be underpricing going forward.""I think Wall Street is basically saying, 'We're going to get a vaccine sometime in 2021,' and possibly right now the expectation is for sooner in the year rather than later.

"Well, I think the lack of guidance certainly helped get a lot of analysts overly pessimistic and set up, as Sam [Stovall] said, a very, very low bar for this quarter. I think that guidance is necessary but we're unlikely to get that. And I'm not sure that companies are willing to come out and say, 'By the way, we're probably beating because we have stimulus effects that are actually padding the Q2 numbers, and Q3 and Q4 are probably not going to be as good as you expect.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stocks making the biggest moves after hours: Tesla, BioNTech, Moderna and moreSee which stocks are posting big moves after the bell. Short Tesla to $750
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks making the biggest moves after hours: Sirius XM, Moderna, Lyft and moreSee which stocks are posting big moves after the bell.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Investors crowding into the very biggest stocks are betting tech giants can buck market historyNew for subscribers: Investors crowding into the very biggest stocks are betting tech giants can buck market history Check out CNBCPro for a free trial. Pro For all human life! What if the Next 4 months? 88K on Mar to nearly 13M infections in July is 147 times! The only thing we can do is to find the source of the virus and develop vaccines, and this is what the Chinese CCP wants to hide! Time is running out!
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

US stocks dip as investors weigh bank earnings and spiking virus cases - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Stocks making the biggest moves in the premarket: JPMorgan, Delta, Alphabet, Ford, Tesla & moreThe stocks making the biggest moves in premarket trading include JPMorgan, Delta, Alphabet, Ford, Tesla, and more.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Dow surges then fizzles after stocks briefly turn positive for 2020The remarkable stock market comeback of 2020 briefly had another notch in its belt Monday: Stocks once again turned positive for the year. But the sizable rally fizzled late in the day, and the market turned negative. If you believe that an open bar or hair salon spreads the virus but THIS doesn’t - something is wrong with your THINKER 32% (CNBC) of Americans did not pay their mortgage in July. Stock market isn't reflecting Main Street. The disconnect has never been more apparent.
مصدر: CNN - 🏆 4. / 95 اقرأ أكثر »