RiskReversal Recap: January 18, 2024

Big Tech Rally, Apple Upgrade, Bullish Call on Disney

Today’s MRKT Call is Presented by FactSet

Semi Stocks Soar + Carter Charts Disney

Dan Nathan, Guy Adami, and Carter Worth break down the top market headlines and bring you stock market trade ideas for January 18th, 2024.

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

“We remain buyers; we would add to longs" - Carter Worth

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WHAT WE’RE READING

  • Apple Gets a Big Upgrade from Bank of America (CNBC)

  • TSMC’s Outlook Backs Hopes for Global Tech Recovery in 2024 (Bloomberg)

  • Big-Tech Rally Heats Up, Breeding Overcrowding Fears (Bloomberg)

  • China Ssteps up Military Exercises Around Taiwan (FT)

  • The Bill Is Coming Due on a Record Amount of Commercial Real Estate Debt (WSJ)

  • Discover Stock Tumbles After Earnings. Buy the Dip, Citi Says. (Barron’s)

  • Weekly Jobless Claims Post Lowest Reading since September 2022 (CNBC)

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