In Finom Group’s weekly Research Report, our summation was that the bull market should carry forward, absent any exogenous shocks to the economy and or market. Here is what we offered to our Premium Members this weekend: “One can certainly suggest that we should have expected more good things from the market this past trading…
It has been kind of a “funky” trading week thus far and after 2 straight weeks of strong dip buying activity. With the first 2 trading days of the week completed and rather flattish S&P 500 moves, investors have been scratching their heads. Many investors and traders have been watching underperforming sectors and stocks in…
Capital Market Outlook September 6, 2019 IN THIS ISSUE: • Macro Strategy—Central-bank easing and fiscal stimulus in a growing number of countries, together with the Federal Reserve’s (Fed’s) pivot from a hawkish to a dovish policy stance, appear to have helped diminish the downward global-growth momentum. While we are not surprised to see a rising…...
Earlier this year, Deutsche bank released a chart, a proposal if you will. Why is it a proposal, we’ll get to that in a moment. One of the things we aim to do at Finom Group, as an exercise in rooting out facts, is to debunk myths in order to value information and data that…
That was the longest, short trading week I’ve ever experienced (Seth Golden taking the helm of this week’s reporting, so we may have a little fun along the way)! Maybe it was the threat of Hurricane Dorian or simply starting the week with a 20-point decline (.69%) on the S&P 500 (SPX). Whatever it was;…...
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video. Our emphasis in this week’s SOTM video concerns the S&P 500 breakout above 50-DMA, market drivers of the week, Nonfarm Payroll data, recession hype, the bullish thesis for the market may not be what most people believe it to be and what…...
Good evening traders/investors. With the S&P 500 breakout of the recent box pattern and closing above the 50-DMA for the first time since August 1, 2019. The following chart identifies not just the aforementioned occurrence, but the clear and present breakout of the S&P 500. But that is not what this evening’s Special Report aims…
Geopolitical headlines have tilted in favor of the bulls after a month long bearish salting through August. Remember, the S&P 500 was down over 1.5% for the month of August as Hong Kong protests, U.S./Iran sanctions took form, Brexit issues escalated and U.S./China trade relations worsened. Certain of these geopolitical issues, which have economic policy…
Geopolitical exogenous events continue to rattle markets and are creeping into the macro-fundamentals by way of economic data. U.S. equity markets were set to open lower on Tuesday and after the elongated holiday weekend, as additional tariffs were levied against China on September 1st. While that geopolitical issue was met with a flight from risk…
Now that’s how you bounce back from a sharp decline in the previous week. And why did markets bounce back this past trading week; markets made it so. When it was all said and done for the trading week, the S&P 500 (SPX) bounced back strongly, ending Friday up 2.79% from the previous Friday. We’re…...
