Hedge-fund boss who predicted ‘87 crash says get ready for some ‘really scary moments’

‘From a markets perspective, it’s going to be interesting. Paul Tudor Jones, a hedge-fund luminary, said he’s stress-testing his portfolio of corporate debt because he expects a tumultuous road ahead on the back of the Federal Reserve’s apparent commitment to normalizing interest rates and buttressed by corporate tax cuts from the Trump administration. Speaking at an economic forum in Greenwich, Conn., a hotbed for hedge funds, Jones said the Fed faces real challenges amid “the end of a 10-year run” of economic growth that many anticipate will soon come to a screeching, cyclical end.

Google parent Alphabet’s stock becomes 2nd FANG to produce ‘death cross’ and Netflix is next

Google parent Alphabet Inc.’s stock chart has just produced a bearish “death cross” chart pattern for the first time in over two years, that may put the future of the internet giant’s 7-year old bull market in doubt. Some chart watchers believe the cross marks the spot when a shorter-term slump morphs into a longer-term downtrend. The last time Alphabet’s stock (GOOGL)produced a death cross was June 24, 2016.

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  Surmodics Sees Hammer Chart Pattern: Time to Buy?

  Zacks
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  Teekay Offshore Partners Sees Hammer Chart Pattern: Time to Buy?

  Zacks

What a Still Lofty Market Means for IRA Conversions

Retirement expert Ed Slott discusses the timing of conversions when the market is up.

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  Retired or retiring soon? It’s time to fund a Roth IRA

  MarketWatch
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  The 1 Stock You've Been Overlooking for Your Roth IRA

  Motley Fool

Watch out for these 10 ‘retirement killers’

There are plenty of things that can ruin a person’s retirement plans — divorce, illness, job loss, overspending. A recent study has revealed for the first time the 10 biggest causes of financial regret among those who have retired or are near to retirement. The survey was conducted by researchers from the RAND Corporation and the Max Planck Institute in Munich, Germany.

How Retirement Savings Behavior Is Changing by Income, Age and Race

Given that they are living longer, Americans need to be more prepared than ever for retirement, whether that’s in building their own savings in tax-advantaged accounts or investing with a professional financial advisor. Below, we examine data on retirement accounts like 401(k)s and IRAs to see how Americans are adapting to these changes. In order to track retirement savings and retirement account usage, we analyzed data from the Federal Reserve’s SCF (Survey of Consumer Finances) and specifically looked at data from 1989 to 2016.

CannTrust makes its case as a major Canadian weed producer, stock explodes higher

CannTrust Holdings Inc. said late Wednesday that it sold nearly as much recreational pot in September as Canadian cannabis rivals worth much more, and it is pursuing a listing on the New York Stock Exchange, pushing shares to large gains Thursday. The Vaughan, Ontario-based cannabis producer’s third-quarter earnings showed sales of C$500,000 in recreational pot, positioning it alongside large rivals with deep pockets such as Canopy Growth Corp. (CGC) , (CA:WEED) in the race to dominate the recreational-pot market that Canada kicked off less than a month ago. CannTrust (CNTTF)(CA:TRST) experienced early issues with supplying Canada’s recreational market with pot like other pot producers, but it was able to ship as much recreational weed as Aurora Cannabis Inc. (ACB)(CA:ACB) , which said Monday it moved about $500,000 of recreational product.

Natural gas will soon find more fuel to feed its rally

Oil prices have declined sharply in November, but natural gas’ rise has been even more striking with prices for the heating fuel having soared by more than 30% for the month to date, recently touching their highest level in more than four years. “The price will move up and down with the weather, but the upside moves will be greater than the downside,” says James Williams, energy economist at WTRG Economics. December natural gas (NGZ18) rose 18% to settle at $4.837 per million British thermal units on Wednesday.

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  Which Sectors Might Be Impacted by Higher Natural Gas Prices?

  Market Realist
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  Natural Gas Prices Could Make Consumers’ Pockets Thinner

  Market Realist

The chip slowdown is real, but how bad will it be?

Applied Materials Inc., the world’s largest maker of equipment used to manufacture semiconductors, confirmed an industry slowdown Thursday, but also said it will be more modest than past downturns. In a conference call to discuss the company’s fiscal fourth-quarter earnings and disappointing outlook, Applied Materials (AMAT) executives said that industry spending on manufacturing equipment will be lower in 2019 compared with this year, citing a pullback on spending on memory chips and macroeconomic conditions. Just on Thursday, Nvidia Corp. (NVDA) plunged more than 16% in late trading following its earnings report, which also seemed to cause a drop for rival Advanced Micro Devices Inc. (AMD) after Nvidia said it has a big backlog of inventory of its Pascal products.

The Pre-Markets Rundown: November 19, 2018

CNBC brings you fast, accurate, and actionable business news and market updates.

Trade tensions continue to weigh on global markets

French carmaker Renault saw its share price tank after partner Nissan accused its chairman of serious misconduct and announced plans to oust him. NISSAN BOSS: Nissan Motor Co.'s chairman Carlos Ghosn is to be dismissed after the company said an internal investigation found he under-reported his income by millions of dollars and engaged in other "significant misconduct." The Yokohama-based company, one of the world's largest automakers, said the violations were discovered during an investigation over several months that was instigated by a whistleblower. The announcement came after Japanese stock markets had closed so there was no impact on Nissan's share price.

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  Gold firm as uncertainty about U.S. rates saps dollar

  Reuters
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  Stocks Mixed as Treasuries Decline, Dollar Steadies; Market Wrap

  Bloomberg

It’s time to stop lumping Netflix in with the other FAANG stocks, says analyst

It’s time to stop lumping Netflix Inc. (NFLX) in with the other FAANG stocks, Imperial Capital analyst David Miller wrote in a note to investors Friday. The FAANG stocks are a quintet of large-capitalization technology and internet companies widely followed by investors, comprising Facebook Inc. (FB) Apple Inc. (AAPL) Amazon.com Inc. (AMZN) Netflix and Alphabet Inc.’s Google (GOOG) They’re often lumped together, but Miller says it’s time to “decouple” Netflix from the rest of FAANG.

It's 2019. Time to start investing like it.

Over the last week, we’ve seen surveys indicating investors turning more cautious, Wall Street have a falling out with its favorite stock (Apple), and data showing just how harshly investors judged poor earnings over the last quarter. The more than 18% drop in shares of Nvidia (NVDA) on Friday — which followed the company’s earnings report on Thursday that missed expectations — was but the latest evidence of a market ready to hammer yesterday’s winners for not living up to the hype. Through Friday’s close, Nvidia shares are down 38% from their all-time high.

China's JD.com feels pressure as sales of big ticket items slow

JD.com, which is backed by Walmart Inc, Alphabet Inc's Google and China's Tencent Holdings, has already lost nearly half of its market value this year as it fights intense competition for Chinese online consumers. On Monday executives said slower sales in its core e-commerce business, particularly big ticket items, dented third-quarter earnings growth, adding that they expect an upturn in profits next year. The company also forecast fourth quarter sales growth between 18 and 23 percent, below an average analyst estimate of 23.5 percent.

• China's JD.com misses revenue estimates

  Reuters
• JD.com Slides After Q3 Revenues Miss Forecasts For China-Based Online Retailer

  TheStreet.com

Apple, bitcoin, oil... here are the scariest charts from this week’s market tumult

You probably don’t need a bunch of charts to tell you just how sketchy the stock market’s behavior has been of late, but we’ll give them to you anyway. Shares of Apple  have plunged over 10% in the past three months. Apple isn’t the only FAANG stock whose chart was blaring out warning signs this week.