More record highs for the S&P 500 were set Monday and those record highs came alongside varied opinions on the market’s performance for the remainder of the calendar year. The bulls are cheering and bears are reeling from what appears to be a steady melt-up in markets through October’s end and at the beginning of…
And oh what a week it was… if you went into the week under the impression that new S&P 500 (SPX) record highs were within reach, you had the right expectation! At Finom Group, we hope that our guided approach to macro-fundamental analysis aids in improving your portfolio performance and with that, let’s take a…...
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. In this week’s episode we discuss the best 6 months of the year to own stocks, the clear signals the market has sent with regards to seasonality and forward looking economic strength and earnings. Our dialogue…
If someone had asked you on Tuesday, “Do you think the market will finish at the highs of the trading day”, what would you have said in response? And why are we asking that question now…? Well, let’s look at the obstacles the market faced on Wednesday. ADP private sector payrolls GDP Q3 2019 FOMC…
Unless you were watching the tech-heavy Nasdaq (NDX) or the small cap Russell 2000 (RUT)… or Grubhub (GRUB), nothing happened in the market on Tuesday. Volume was extremely light again on what proved to be a very flat day for the Dow Jones Industrial Average (DJIA -.07%) or the S&P 500 (SPX -.05%). Investors aren’t…
The breakout investors have all been waiting for has occurred with a new record high on the S&P 500 (SPX) and Nasdaq (NDX). The S&P 500 new high now resides at 3,044 or roughly 16 points about the former high. With Monday’s .56% move in the benchmark index and new closing high of 3,039, the…
Coming into the trading week that was, the S&P 500 (SPX) completed two up weeks in a row, and began the trading week with a surge above 3,000. This was an ideal set-up for the remainder of the trading week and one that was absent any anticipated geopolitical turbulence. Investors would be considering, for the…...
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. In this week’s episode we discuss October markets and nearly touching the former S&P 500 all-time high on Friday. Our dialogue this week aims to rationalize the numerous headlines while recognizing the impact on financial markets.…
Chop, chop, chop…, no better way to describe the last 2 trading days on Wall street as the S&P 500 (SPX) finds itself with sputtering above the 3,000-level and during the peak of earnings season. Nonetheless, when we compare Wednesday’s SPX chart with that of the previous session, the market is still favoring the bulls.…
Doing well, doing well, doing well, doing well… and then…It’s all fun and games until the flows stop flowing and the earnings start missing estimates. It proved quite the choppy day on Wall Street as the S&P initially climbed and held onto gains for much of the trading session, but then… The S&P 500 (SPX)…
