RiskReversal Recap: February 1, 2024

The Moment of Truth for Big Tech

Today’s MRKT Call is Presented by FactSet

Charts Say Make or Break Moment for Big Tech

Dan Nathan, Guy Adami and Carter Worth break down the top market headlines and bring you stock market trade ideas for Thursday, February 1st.

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

Topic Timecodes:
Regional Bank Bloodbath (0:00); The Fed & Yields (10:00); Apple (18:00); Amazon, Meta & QQQ (28:00); Earnings Insight (38:50)

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This bonus video is Presented by iConnections

Mike Wilson & David Zervos Discuss the State of the Stock Market | iConnections Global Alts 2024

SoFi's Liz Young speaks with Mike Wilson of Morgan Stanley and David Zervos of Jefferies at the 2024 iConnections Global Alts Conference.

WHAT WE’RE READING

  • The Puzzle Keeping the Fed Hesitant (Axios)

  • The Cuts Go Marching One by One (SoFi)

  • January hiring was the lowest for the month on record as layoffs surged (CNBC)

  • Citizens CEO Calls NYCB an Outlier, Says Regional-Bank Pain Is in the Past (Bloomberg)

  • NY Community Bancorp’s Stock Is Rocked, Dragging Down Other Regional Banks (Barron’s)

  • Apple is Losing Momentum Ahead of Earnings, Reducing Chances of a Breakout, According to the Charts (CNBC)

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