RiskReversal Recap: February 8, 2024

S&P 5K Watch; Strong ARM Earnings; Carter Charts Nike

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RiskReversal Media
February 08, 2024

Today’s MRKT Call is Presented by FactSet

S&P On 5,000 Watch + Carter Chats Nike

Dan Nathan, Guy Adami and Carter Worth break down the top market headlines and bring you stock market trade ideas for Thursday, Feb 8th.

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

what we’re watching

Topic Timecodes:
S&P 5000 Watch (0:00); Russell 2k Bear Watch (13:20); AI Bloat (17:00); DIS (25:00); NKE (29:00); WYNN, PYPL + PINS (31:15); Earnings Insights (39:45).

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WHAT WE’RE READING

  • S&P 500′s Run to 5,000 Masking Some Serious Issues Lurking Beneath, According to the Charts (CNBC)

  • Einhorn Says Markets ‘Fundamentally Broken’ By Passive, Quant Investing (Bloomberg)

  • Chips Vs. Oil: Nvidia Now Outweighs The S&P 500's Entire Energy Sector (Investor’s Business Daily)

  • Arm Stock Jumps More Than 50% on AI Craze (WSJ)

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