Latest news with #JasonHunter
CNBC
3 days ago
- Business
- CNBC
There's bias for market to correct over the short-term, says JPMorgan's Jason Hunter
Jason Hunter, JPMorgan head of technical strategy, joins 'Closing Bell' to discuss what the loss of momentum means for equity markets, why the market has been as resilient as it has and much more.
Yahoo
07-06-2025
- Yahoo
Reporter recalls intensity of manhunt
Jun. 7—CANTON — Now 10 years after two convicted murderers escaped from Clinton Correctional Facility, Watertown Daily Times reporter William T. Eckert remembers the intense days of reporting that captivated regional and national media. Eckert, then the public safety reporter for The Times, was on the ground in the days after Richard Matt and David Sweat's June 2015 prison break, tracking law enforcement's massive 23-day manhunt through the wilderness between Dannemora and Malone. Like many reporting assignments, it started with a phone call from an editor. It was early in the morning, about 7:30, Eckert recalled. "Where the (bleep) is Owls Head," Eckert recalled thinking after talking with his editor. Little did he know that, over the next few weeks, he would learn more about the backroads of northern Franklin County than he ever thought possible. His curiosity, a trait he credits helping him land his reporting jobs, kicked in. "We were out there every day, chasing leads, talking to locals, following state police vehicles," Eckert recalled. Working alongside Times photographer Jason Hunter, he provided minute-by-minute coverage for local readers. He and Hunter left St. Lawrence County early each day and often wrote an early afternoon story for the Times' website and a more comprehensive report for the morning newspaper. They worked on the road, but also took advantage of The Malone Telegram's office, where they worked with Telegram reporter Frank DiFiore. Eckert said he relied on deep local connections to enhance his reporting. Because he had worked with many state troopers, he said he had an edge over the national reporters who flooded the area. His reporting caught the attention of national outlets. He was interviewed by reporters from several networks and had an extensive chat with CBS News reporter Anna Werner. Using his connections and scanner-driven insights, he described being in constant motion, driving mountain roads, interviewing community members, and pursuing accurate information. The escape and subsequent manhunt transformed the quiet rural community, with law enforcement and media saturating the landscape until Matt's fatal shooting on June 26, 2015, and Sweat's capture two days later. Now working as a library manager, Eckert reflects on those weeks as a defining moment in his journalistic career. He noted the community's response, which came out in droves to thank and support the hundreds of police and corrections officers trudging through the woods and lining the mountain road, seeking any sign of the escapees. "This was a community that not only expressed gratitude vocally, but showed it in action by providing them (law enforcement) with food and with water and offering up whatever they could to show that gratitude." He said the ordeal changed the community. "You look out into this vastness of this forest that is the backyard for many people and think about the amount of fear and tension that two men filled this community with," he said.
CNBC
14-05-2025
- Business
- CNBC
The stock market has escaped a ‘black hole' and has upside from here, JPMorgan says
Wednesday's market moves gave Wall Street little to celebrate, but the relatively calm session could be a sign that the environment has made a welcome shift toward something closer to normal. The S & P 500 shuffled between modest gains and losses throughout the session, ultimately closing up a mere 0.1%. But even at its lows of the day — around 5,872 — the index was well above a key range identified by Jason Hunter, the head of technical strategy at JPMorgan. He said in a note to clients late Tuesday that the U.S. market appears to have jumped out of a "black hole" and could be in position to slowly grind higher. "If history is a guide, the S & P 500 Index bull gap through the critical resistance levels at 5750-5785 marked the transition back into a low-volatility rally regime," Hunter wrote. The "bull gap" refers to the sharply higher open for the index on Monday. .SPX 5D mountain There is a "gap" on the S & P 500 chart from Monday's sharply higher open. The market still faces plenty of headline risk. The 90-day truce on tariffs between the U.S. and China is not guaranteed to result in a deal, for one thing. There's a chance that even reduced tariffs put upward pressure on inflation and serve as a brake on economic growth. Investors will be looking to Walmart 's earnings report Thursday morning for clues on that front. But for now, the stock market seems to have a clear path to gain another 4% or so, Hunter said. "Until we see a clear trend deceleration and something that looks like a short-term top pattern or headlines that risk whipsawing the renewed bullish market sentiment, we have the 6125-6170 cluster of levels penciled in as a potential upside target zone," he said. — CNBC's Michael Bloom contributed reporting.
