August has proven itself to be a “Wall of Worry” and the point for which the former “good overbought” conditions have recoiled. In fact, August 2023 to-date has expressed the worst August returns since 2011. Does August, historically and seasonally, tend to get off to a rocky start? Yes, but not this rocky; not with…...
Question: “How do you perform well over time and never let the volatility deter you?” Answer: “Position long, hope for lower prices every day, accumulate when discounts arrive… and then wait.” ~Seth Golden If you would like to watch our Weekly State of the Market, please click the provided link. Be on the lookout for…...
The stock market rally off the washed-out lows of early last fall has run further and for longer than most had expected. U.S. large-cap outperformance has been largely powered by a handful of surging Tech and tech-related stocks, whose outsized weight in the benchmark index has left many fund managers running to avoid being left…...
Welcome to RBC’s Markets in Motion podcast recorded August 7th, 2023. I’m Lori Calvasina, head of US equity strategy at RBC Capital Markets. Please listen to the end of this podcast for important disclaimers. Today in the podcast, an updated overview on our market call. Three big things you need to know: First, we’ve tweaked…...
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…
The consolidation phase is upon us. It is more recognizably taking place, and as usual, causing investors to doubt the bull market. It is that same doubt that surfaced in the midst of the bear market last year, and when we encouraged investors to recognize that there should never be concern over cheaper prices, unless…...
The month of October gets all the “love,” but since 1990, August has been the cruelest month for stocks. We point this out because calendar patterns lately seem to explain this market better than just about anything else. In 2022, big losses in stocks and bonds arrived right on schedule—during a time of Jewish sabbatical…...
Those who are unwilling to accept double-digit drawdowns are less likely to receive double-digit returns! Take your drawdown like big boys/girls and reap those double-digit returns over time. Volatility is simply the price we pay for such returns! ~Seth Golden We are forgoing our typical State of the Market video this week, given back-to-school scheduling…...
Optimism around a US policy pivot has continued to support valuation. In today’s note, we discuss parallels to prior pivotdriven rallies as well as recent trends in earnings revisions and performance breadth. Our latest Consumer Pulse Survey indicates more positive consumer sentiment. • Earnings Revisions. Revisions breadth turned higher last week, in line with historical…...
“Experience is what you get when you don’t get what you want.” ~Howard Marks So if you missed the now 9-month long rally from Oct. lows, good news is you gained experience? If you would like to watch this week’s State of the Market video, please click the provided link . Reminder, this weekend we…...
