RiskReversal Recap: January 26, 2024

Parabolic Moves Push Stock Market to New Highs

Today’s On The Tape is Presented by CME Group, iConnections and SoFi

Signs, Signs, Everywhere the Market Signs with Stephanie Link

On this episode of “On The Tape,” Dan Nathan, Guy Adami, and Danny Moses discuss the parabolic moves in the market this week and preview some of the data/earnings in the week ahead. Later, Stephanie Link of Hightower Advisors joins Dan and Guy to give her take on the stock market rally and outlook for the rest of the year.

Earnings Reports to Watch in the Week Ahead

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WHAT WE’RE READING

  • Fed’s Preferred Inflation Gauge Cools on Robust Spending (Bloomberg)

  • Bond Yields Rise on Bets Fed ‘Not Rushing’ to Ease (Bloomberg)

  • The Fed Gets the Signal It Needs to Cut Rates, but It All Comes Down to the Job Market (WSJ)

  • Tech Layoffs Balloon in January as Wall Street Rally Lifts Alphabet, Meta, Microsoft to Records (CNBC)

  • Tesla Investors See ‘There’s No Floor’ After Losing $200 Billion (Bloomberg)

  • Analyst Predicts Huge AI Upside for Microsoft Ahead of Earnings (The Street)

  • Gold Could be Poised for Another Record-Setting Year (CNBC)

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