Our next guest suggests we are in the midst midst of a premature market rally. Michael Kopoulos is head of multiasset macro investing at Janice Henderson investors. >> All right.>> Michael, welcome. Congratulations [applause] by Janice Henderson. So, congratulations.Nice new title, too. >> Thank you. >> Um, why is this rally premature.>> Well, I think listen, there's a ton of uncertainty still out there. uh most importantly around inflation with oil prices being higher. I think what we saw is in April of la ...

LIVE FROM LONDON THIS IS BLOOMBERG DAYBREAK EUROPE. I’M VONNIE QUINN WITH YOUR TOP STORIES. ASIAN STOCKS JOIN A GLOBAL RALLY AS OPTIMISM GROWS THAT THE WAR IN IRAN COULD SOON COME TO AN END.PRESIDENT TRUMP SIGNALS THE U.S. AIMS TO END THE CONFLICT WITHIN TWO TO THREE WEEKS, WHILE THE WALL STREET JOURNAL REPORTS THE UAE IS LOBBYING FOR A MILITARY COALITION TO FORCIBLY REOPEN THE STRAIT OF HORMUZ. OPENAI'S VALUATION TOPS $850 BILLION FOLLOWING ITS LARGEST FUNDING ROUND ON RECORD. LET'S LOOK AT THE MARKETS AND ...

>> THIS IS "BALANCE OF POWER" LIVE FROM WASHINGTON, D.C. JOE: FROM BLOOMBERG'S WASHINGTON, D.C. STUDIOS TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO "BALANCE OF POWER," ALONGSIDE KAILEY LEINZ, I'M JOE MATHIEU. KAILEY: MARKETS STAGE COMEBACKS AFTER THE U.S. AND IRAN SEEM TO SEEK A WAY OUT OF THE WAR. JOE: STRAIT TALK, AMID HOPES FOR DE-ESCALATION, RISKS REMAIN AT A CRITICAL OIL CHOKEPOINT, THE PRESIDENT PRESSING ALLIES TO REOPEN THE STRAIT OF HORMUZ AFTER A STRAIGHT OF KUWAITI TANKER IS STRUCK. GAS PR ...

Core Insights - The article discusses the potential market rally driven by optimism surrounding US-Iran ceasefire talks, leading to a decline in oil prices and a rebound in broader stock indices [2][5]. Group 1: Market Impact - Oil prices have significantly dropped, alleviating pressure on energy-sensitive sectors and contributing to a positive market sentiment [2]. - The optimism regarding a ceasefire has resulted in a sharp rebound in stock indices, indicating reduced geopolitical risks [2][5]. Group 2: Recommended Stocks - **Southwest Airlines (NYSE: LUV)**: The stock is down 3.6% YTD but shows signs of recovery, with a potential upside of 13.1% according to InvestingPro's Fair Value model. Analysts have a Strong Buy rating with a 12-month price target of $47.50, implying a 19% upside [6][7]. - **Caterpillar (NYSE: CAT)**: The stock has gained 25.1% YTD, supported by strong infrastructure demand. It has a financial health score of 2.66 and an analyst consensus price target of $736.21, indicating robust operational strength [8][9]. - **Norwegian Cruise Line (NYSE: NCLH)**: Despite being down 11.9% YTD, it is expected to benefit from lower oil prices, which are a major cost factor. Analysts have reaffirmed a buy rating at $25.00, with an average price target of $22.68, representing a 15.4% upside [10][11]. Group 3: Financial Metrics - **Southwest Airlines**: Market Cap of $19.6 billion, YTD Return of -3.6% [13]. - **Caterpillar**: Market Cap of $333.4 billion, YTD Return of +25.1% [14]. - **Norwegian Cruise Line**: Market Cap of $9 billion, YTD Return of -11.9% [15]. Group 4: Investment Themes - The article highlights three distinct investment themes: recovery play with Southwest Airlines, momentum play with Caterpillar, and a high-risk, high-reward opportunity with Norwegian Cruise Line as geopolitical tensions ease [16].

Market Overview - Major indexes showed gains with the S&P 500 up 1.2%, Nasdaq up 1.4%, and Dow also up 1.4% on the day [2] - The Russell 2000 outperformed with a 2.3% increase, but all major indexes closed near session lows [2][3] - Despite solid gains, the market did not demonstrate real momentum, as it has previously experienced short-lived rallies [4][6] Rally Attempt - The current rally attempt requires a follow-through day to confirm momentum, which is anticipated at the earliest on Thursday [5][6] - A follow-through day is characterized by strong gains on higher volume in one or more major indexes [7] Oil Market Impact - Crude oil futures fell by 10%, contributing to market volatility, but the stock market has shown resilience despite rising oil prices [15][16] - The market remains highly sensitive to news regarding oil supply and geopolitical tensions, particularly related to Iran [9][17] Treasury Yield Trends - The 10-year Treasury yield remains above 4.3%, marking the highest levels in months, which could impact the economy and growth stocks [18][19] - The shift in market expectations from rate cuts to potential rate hikes is significant for economic outlook [20] Notable Stocks - **Rush Street Interactive (RSI)**: Up 5% after breaking out of a double bottom, showing strong relative strength despite challenges in the sports betting sector [26][27] - **Next Power (NXT)**: Demonstrating a double bottom pattern and strong relative strength, with notable interest around the $120 level [32][34] - **Peabody Energy (BTU)**: Experienced a significant drop from $41 to $35 in a short period, highlighting the volatility in energy stocks [37][38]

If Bitcoin were to follow 2014 and just simply capitulate into April, imagine how scary that would be for people, especially the people that thought 60k was the low, that could then to lead them to capitulating at these lows. And then maybe then it'll form a low that'll last for a good part of the year and then we'll probably take it out later on in the fourth quarter. But you can see the emotions that can form in the bare markets, right. You'll get people that don't believe the bare market's happening in Q ...

Core Insights - The article discusses potential investment opportunities in stocks that may emerge as dark horses during the next market upswing, highlighting companies that have been recovering under the radar [1] Group 1: SATS Ltd (SGX: S58) - SATS has shown signs of recovery with a year-on-year revenue increase of 8.0% to S$1.65 billion and an operating profit rise of 18.8% to S$151.3 million in its third quarter of FY2026 [3] - The company's EBITDA also improved by 12.8% to S$297.7 million, indicating a positive trend in profitability [3] - SATS has reduced its total debt to S$4.20 billion as of December 31, 2025, from S$4.24 billion in March 2025, resulting in a lower gross debt to equity ratio of 1.43 times [4] Group 2: CapitaLand Integrated Commercial Trust (SGX: C38U) - CICT, Singapore's largest listed commercial REIT, reported a gross revenue increase of 2.1% year-on-year to S$1.6 billion and a net property income rise of 3.1% to S$1.2 billion for FY2025 [5] - The distribution per unit (DPU) increased by 6.4% year-on-year to S$0.1158, marking five consecutive years of DPU growth [6] - CICT maintains a trailing yield of 4.8% and is actively managing its assets to enhance cash flow and invest in high-potential projects [7] Group 3: United Overseas Bank Ltd (SGX: U11) - UOB's net profit for FY2025 decreased by 23% to S$4.7 billion, primarily due to S$2.0 billion in pre-emptive allowances for macroeconomic uncertainties [8] - Despite the profit decline, gross loans increased by 4%, and net fee income reached a record S$2.6 billion, driven by strong wealth management performance [8] - UOB's asset quality remains solid with a non-performing loan (NPL) ratio of 1.5% and a common equity tier 1 (CET1) ratio of 15.1% [9] Group 4: Singapore Telecommunications Limited (SGX: Z74) - Singtel's interim dividend for FY2026 rose by 17% year-on-year to S$0.082 per share, reflecting a recovery in its income potential [10] - The company's underlying net profit for the third quarter of FY2026 increased by 9.5% year-on-year to S$744 million, supported by strong performances from regional associates [11] - Singtel shares have appreciated by approximately 7.42% year-to-date and 45.56% over the past year, with a trailing yield of 3.46% [11][12]

Market Overview - The market is experiencing a positive trend, with significant gains observed this week, particularly following recent events in Iran [1] - Disruptions in the market were anticipated to cause a larger spike in crude oil prices, but only an 8% increase occurred, which is considered calm for the market [2][3] Oil Market Dynamics - The swift military operations in the region have contributed to a stabilization of crude oil prices, with a retreat noted for the first session since the outbreak of tensions [6] - The focus on defense stocks such as Lockheed Martin and Northrop Grumman is heightened due to the current geopolitical situation, as these companies are seen as superior to alternatives available to Iran [5] Energy Sector Insights - Energy stocks are currently attracting attention, with companies involved in oil production, such as Chevron, being highlighted for their performance in the market [10] - The demand for crude oil and natural gas is expected to remain strong, indicating ongoing interest in energy players [10] Cryptocurrency Market Trends - Bitcoin prices have surged, reaching the highest levels in a month, surpassing the $70,000 mark and approaching $73,000 [11] - Bit Deer Technology (BTDR), a blockchain tech company, is experiencing significant upside bets, indicating investor confidence in the sector [12][14] Investment Sentiment - Current trading activity suggests that investors are leaning into the market rather than hedging against risks, particularly in the context of rising oil prices [7] - The focus on short-term recovery bets in the cryptocurrency market indicates a cautious approach, with some investors looking for longer-term positions in specific assets like Bit Deer [18][19]

AFTERNOON. WE'RE DOWN ABOUT 376 POINTS RIGHT NOW. THAT BRINGS US RIGHT TO THE KEY HERE.THE KEY QUESTION FOR OUR NEXT TRADER. DO YOU JOIN IN. GRIT YOUR TEETH.BUY THIS DIP NOW. JAY WOODS OF FREEDOM CAPITAL IS HERE WITH US. HE'S A CNBC CONTRIBUTOR.SO YOU'RE JUST SAYING IT'S GOING TO BE AN INTERESTING HOUR INTO THE CLOSE. BUT AS A TELL FOR I'M WHAT YOU THINK EQUITY AT YARDENI IS IN THOSE SAYING LOOK WE'RE PRICED FOR SHORT WAR. AND I THINK EVERYONE'S WATCHING THIS TO SEE LIKE ARE THE ARE THE MARKETS CASTING A VO ...

Group 1 - The article provides a market analysis focusing on major indices and ETFs, including the S&P 500 and various iShares MSCI ETFs [1] - It highlights the performance trends of the S&P 500, indicating its movements and potential implications for investors [1] - The analysis includes insights into emerging markets, particularly through the iShares MSCI Emerging Markets ETF, and its relevance in the current investment landscape [1] Group 2 - Specific attention is given to the iShares MSCI Brazil ETF, discussing its performance and the economic factors influencing it [1] - The iShares MSCI South Korea ETF is also analyzed, with emphasis on its market dynamics and investment opportunities [1] - Overall, the article aims to equip investors with a comprehensive understanding of these markets and their potential for growth [1]