RiskReversal Recap: April 24, 2024

Meta & Alphabet Earnings Preview

Today’s MRKT Call is Presented by SoFi

Tesla Rips But Could We See A Dip?

Dan Nathan, Guy Adami and Carter Worth break down the top market headlines and bring you stock market trade ideas for Wednesday, April 24th.

Click here to access all of the charts mentioned in today’s MRKT Call.

S&P 500 Unfilled Gaps

Alphabet Earnings Preview

Topic Timecodes:
Intro & Tesla (0:00); SPX (11:40); QQQ (16:15); META (21:10); GOOGL (26:00); IBM, MAS & CAT (31:40); Audience Q&A (42:15).

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WHAT WE’RE READING

  • Why the Fed keeping rates higher for longer may not be such a bad thing (CNBC)

  • Stock Rally Stalls as Bond Yields Rise Before GDP (Bloomberg)

  • GDP report Thursday expected to show economy still growing at a solid pace (CNBC)

  • Tesla shares jump 13% after Musk says company aims to start production of affordable new EV by early 2025 (CNBC)

  • The Folly of China’s Real-Estate Boom Was Easy to See, but No One Wanted to Stop It (WSJ)

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