Strategists Slash S&P 500 Targets and Bank Earnings Send Stocks Lower

Strategists Slash S&P 500 Targets and Bank Earnings Send Stocks Lower

Broadcast on: July 14, 2022
Duration: 33:57

On this episode of MKT Call Guy Adami, Dan Nathan and Liz Young discuss:

  • Bank of America slashing its S&P 500 year-end target
  • Crude crashing
  • Big bank earnings sending stocks lower
  • Liz looks at June inflation data https://www.sofi.com/blog/liz-looks-j...
  • @FactSet earnings insight
  • Founder

    Guy Adami, Founder, RiskReversal

    CNBC Fast Money, Trader & Investor@GuyadamiGuy is an original member of CNBC’s Fast Money. He is currently the Director of Advisor Advocacy at Private Advisor Group in Morristown, New Jersey. Private Advisor Group is comprised of a network of nearly 600 advisors with assets approaching $17B.Guy has held numerous key leadership roles in the financial services industry. He began his career at Drexel Burnham Lambert in 1986. In 1996, he joined Goldman Sachs as their head gold trader. In the spring of 2000, Adami joined the U.S. Equities division of Goldman Sachs where he was put in charge of the firm’s Industrial/Basic Material group.Guy is the Vice Chairman of the NJ Chapter of The Leukemia and Lymphoma Society, who named him their “Man of the Year” in 2015.

  • Founder

    Dan Nathan, Founder, RiskReversal

    Principal, RiskReversal@RiskReversalDan is the principal founder of RiskReversal Advisors, founded in 2016, RiskReversal Advisors offers consulting services to investment banks, investment advisors, and private companies.Dan has spent the better part of the last 25 years as an equity & options trader.In 2011, Dan founded RiskReversal.com, a service dedicated to educating equity investors to the alternative ways to express their views in the public markets, by detailing the uses of equity options to better define risk, enhance yield and make use of leverage in a cost-effective manner. Dan was a regular panelist on CNBC’s Options Action from 2009 through 2019, and has been a regular panelist on CNBC’s Fast Money since 2011.

  • Head of Investment Strategy, SoFi

    Liz Young, Head of Investment Strategy, SoFi,

    @LizYoungStrat

  • Vice President
Senior Earnings Strategist

    John Butters, Vice President Senior Earnings Strategist, Factset

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