Latest news with #SanctuaryWealth
Yahoo
2 hours ago
- Business
- Yahoo
Markets should see new all-time highs this summer: Strategist
Following the release of May's jobs report that lifted US stock futures (ES=F, NQ=F, YM=F) on Friday, Sanctuary Wealth chief investment strategist Mary Ann Bartels comes on the Morning Brief to discuss how she sees the stock market (^DJI, ^IXIC, ^GSPC) moving to the upside, to new all-time highs, and what could be the catalyst in spite of tariffs. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
Reuters
09-05-2025
- Business
- Reuters
Market could hit new highs by next year, says investment strategist
"We remain in a secular bull market," said Sanctuary Wealth chief investment strategist Mary Ann Bartels, who believes the S&P 500 could hit new highs by next year.
CNBC
02-05-2025
- Business
- CNBC
The stock market rebound is now a historic winning streak
A turbulent period for stocks around new tariff policies from the White House has remarkably given way to Wall Street's longest winning streak in 20 years. The S & P 500 rose again on Friday, notching a ninth straight positive session for the first time Nov. 5, 2004. The index also traded above its April 2 close for the first time since the major tariff announcement a month ago. .SPX 3M mountain The S & P 500 has risen for nine straight sessions, hitting its highest level in a month on Friday. Not to be outdone, the Dow Jones Industrial Average also cashed a ninth straight winning day, its longest streak in more than a year. In London, the winning streak for the FTSE 100 index hit a record of 15 consecutive days . The rally doesn't appear to be a weak one either, at least according to technical experts. Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, said Friday on CNBC's " Money Movers " that the S & P 500's winning streak seems to be repairing some technical damage caused in early April. "The breadth of the market has been really strong, and a number of my breadth indicators are giving buy signals . Volume is not bad, but it's decent enough, and if we can go up and test resistance near the 200-day moving average near 5,745, or even get above it around 5,800, there's a chance we don't have to go down and test those awful lows at 4,835," Bartels said. There have been some positive news and data points to help support this rally. The April jobs report came in better than expected, and there have been some positive signs about potential trade negotiations between China and the U.S. But even against a positive backdrop, this move for the stock market stands out as being unusual. "We will stick our neck out to say we won't go up every day as we have since last Monday. And we will even go on to say the S & P 50-day around 5700, pretty much where we are now, is a logical stalling point — even bull markets don't go straight up," Wellington Shields technical analyst Frank Gretz said in a note to clients Friday. Of course, not every data point suggests that the economy and markets are in great shape, such as Apple's warning of $900 million in tariff-related costs for the current quarter. That has led to an uneasy combination of a historic winning streak at the same time that Wall Street analysts and economists are dialing back their expectations for growth. "If half of your brain is technical and half fundamental … you probably have a migraine," Gretz said.
Yahoo
05-04-2025
- Business
- Yahoo
Analyst unveils startling Nvidia stock forecast amid tariffs
The stock market took another hit after President Donald Trump announced sweeping tariffs of 10% or higher on some countries, escalating fears of a global trade war and adding pressure to an already struggling U.S. economy. The S&P 500 dropped 4%. The tech-heavy Nasdaq Composite lost 5%. Nvidia, one of the winners for 2024, is down 6%. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 Severe tariffs could tip the economy into a slowdown and raise already stubborn inflation. 'This was the worst-case scenario for tariffs and were not priced into the markets,' Mary Ann Bartels, chief investment strategist, Sanctuary Wealth, told CNBC. 'The big question is if 5,500 can hold on the S&P 500. If it cannot hold, we may see another 5-10% downside.' Nvidia's stock has struggled for weeks, and the strain may be growing. Nvidia's () share price is down 26% from its peak in January. The company is facing pressures on China's cheaper AI model DeepSeek's rollout, disappointing earnings, and a broader tech sell-off caused by economic uncertainties. In February, the company reported fiscal Q4 revenue of $39.3 billion, a 78% surge from the year-earlier period. However, the growth largely slowed from the 265% the company posted a year earlier. Revenue growth from its key data center segment also slowed Nvidia CEO Jensen Huang highlighting many times that the demand for Blackwell is "extraordinary," keeping up with that demand has started to pressure the company's profit margins. Nvidia reported a non-GAAP 73.5% gross margin for the quarter, 3.2 points shy of a year earlier. The company attributed the smaller profit margin to newer, more complicated, and costly data center products, including Blackwell. Now, the company could face more trouble because of tariffs. Nvidia's supply chain is mainly concentrated in the Asia-Pacific region. For the production of its chips, it is highly dependent on foundries such as Taiwan Semiconductor Manufacturing Company (TSM).The White House has said semiconductors would not be subject to the latest tariff. Still, potential retaliatory tariffs from other countries and the escalation of trade wars could weigh on Nvidia's business, as more than half of its revenue comes from sales outside the U.S. Wall Street analysts are also questioning Nvidia's pricing ability. HSBC has downgraded Nvidia to Hold from Buy with a price target of $120, down from $175, reported on April 3. The analyst sees limited GPU pricing power going forward that caps earnings upside potential until opportunities evolve in robotics, autos and AI markets. 'Increasing mismatches and inconsistencies in Nvidia's supply chain continue to grow and hence we believe it would be difficult for our bull case scenario, which suggests earnings upside potential, to materialize,' the analyst wrote. More Nvidia: Nvidia stock: The AI tailwind could just be getting started Nvidia stakes out aggressive future, despite investor unease AI bet from tech upstart could be a major blow to Nvidia The firm sees limited room for significant earnings upside surprise over the next one to two years and potential re-rating headwinds that it thinks are "yet to be fully factored in by the market." Nvidia trades at $103 on April in to access your portfolio
Globe and Mail
04-04-2025
- Business
- Globe and Mail
Strategist Warns of 20% S&P 500 Plunge amid Trump's Tariff Shock
The Trump administration's newly imposed tariffs have sent shockwaves through the financial markets. Sanctuary Wealth's chief investment strategist, Mary Ann Bartels, described the proposal as a 'worst-case scenario' that was not priced into the market. Looking ahead, she predicts that the S&P 500 Index (SPX) could face a decline of up to 20%. Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. The tariffs, which include a minimum 10% baseline levy on imports and rates as high as 49% on goods from specific countries, have already rattled markets. The S&P 500 fell over 4% on Thursday morning, officially entering correction territory. Bartels noted that if the index fails to hold the critical 5,500 support level, investors could see further declines, potentially bottoming between 5,200 and 5,400. Tariffs Might Trigger Global Recession The proposed tariffs could hurt the economy, and Bartels warns they might cause a slowdown or even a recession in the U.S. and worldwide. She believes the administration may be aiming to slow the economy to pressure the Federal Reserve to lower interest rates and facilitate debt restructuring. Importantly, the March Jobs report, due today, is seen as a key indicator for the Fed's next move. A weakening labor market could prompt the Fed to cut interest rates sooner than anticipated. Investors Could Eye ETFs During Tariff Chaos This tariff-induced market turmoil reflects the potential for significant economic and financial fallouts, prompting investors to adopt a cautious stance. Thus, investors could closely monitor some market-tracking ETFs such as (SPY), (QQQ), (DIA), (VOO), (IVV), and (IWM). According to the TipRanks ETF Comparison tool, analysts see the most upside potential in the IWM ETF of 45.9%, followed by the QQ ETF of 33.3%. All other ETFs are also expected to surge over 20% in the next 12 months. Disclaimer & Disclosure Report an Issue This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
