Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report. Our weekly Research Report is extremely detailed and has proven to help guide investors and traders during all types of market conditions with…
Nobody, not once, not ever, said it would be easy to make money in the financial markets as an investor or a trader. Even with such an understanding, there is a difference between making money and achieving one’s investing/trading goals. I had received a number of inquiries, e-mails and direct messages over the last several…...
Equity sentiment declined for the first time since May Our Sell Side Indicator (SSI) is a contrarian sentiment barometer that tracks sell side strategists’ average recommended allocation to equities in a balanced fund. The indicator declined 37bp last month to 53.1% as the S&P 500 fell 2.2% (its third consecutive month of losses). This marks…...
Since our publication of Cost of Higher for Longer in February, we have seen interest rates across the curve move higher with expectation for rates to remain restrictive for longer. Liquidity continues to contract as G5 Central Banks shrink balance sheets at an unprecedented pace (~$5.5T over the last six quarters, see Figure 12MSCI ACWI…...
9 key macro events this week, but Treasury refunding most important arguably. Incoming data likely soft-ish which should help break negative doom loop on stocks. We discuss: Tireless Ken and team analyzed earnings transcripts and found 360 references to Israel- Gaza connected to headwinds, uncertainty, compared to ~45 to 50 past 5 quarters. So the…...
The war between Hamas and Israel – and the potential for escalation to the wider region – has increased the uncertainty around the economic and financial market outlook, but in most scenarios is unlikely to generate a sustained hit to major asset markets. This Focus considers how that may change, and what the lessons from previous geopolitical…...
Markets are showing increasing stress, deteriorating market internals/breadth, and investors will advantage themselves with a game plan. Check out our latest video by clicking the link provided. This is our off-reporting weekend, but we intend to issue 3rd party research this weekend to keep investors in touch with analysis from in-and-around Wall Street. “When the…...
While there are plenty of events and fundamental data points worth considering, we find many remain fixated on the Fed’s next move and S&P 500 price. These factors appear to be dictating narratives and positioning. On that score, last week brought further risks to the consensus 4Q rally view. Fed is unlikely to come to…...
There was a great deal of concern for the manner in which the equity markets closed the week, 2 weeks ago; down Thursday and Friday trading sessions. As mentioned last week: “When the week starts strong, but ends weak, it often proves a difficult task to project forward, as weekly candlesticks show one thing, but…...
A Note: Structurally, the market needs breadth to improve this week, which demands improved performance from Equal-Weights and Small-Caps! Without such improvements, if not leadership, the market remains vulnerable to headline, downside risks. If you would like to watch this week’s State of the Market video, please click the provided link. Be on the lookout…...
