Offered below is the latest chart pack from RBC Capital’s chief technical strategist Robert Sluymer. In addition, please continue to read the latest insights from Fundstrat’s Tom Lee, accompanied by data concerning outside reversal days… and more. Fundstrat’s Tom Lee NEW: Section (above)added identifying Key Recommendations and Super Grannies After the brutal selloff yesterday, a…...
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The most painful thing to watch with traders is the belief that markets have to prove something to THEM, while they try to extrapolate something from IT. ~Seth Marcus If you would like to review the Weekly State of the Market video, please click the link provided. Due to seasonal scheduling (have to take my…...
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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…
It was a far less interesting week in the markets than the 2%+ decline in the Nasdaq, on Thursday, would have investors assume. Additionally, with the S&P 500 (SPX) finishing monthly Op/EX week with only a 1 point change on Friday, well, I think that about says it all. A lackluster week in the markets…...
“While so many worry about trying to grab a few pennies in front of a steamroller… We could be picking up gold coins in front of a tricycle. Optimism wins, pessimism loses less, but only one of the two has an actual gain.” ~Seth Marcus I’m a technician I’m a fundamentalist I’m a quant… We…...
As interest rates climb and inflation shows signs of cooling — where are stocks in the market cycle? Equities markets usually have four phases, and right now stocks are in the “optimism” stage, according to our Chief Global Equity Market Strategist Peter Oppenheimer. He expects relatively low returns from here as stocks trade in a wide…...
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 table has turned. In 2022, the S&P 500 (SPX) and peer indices finished the first half of the year at a very low point. In 2023, the S&P 500 finished at the very highest point at the end of the first half of the year. So many aspects of the market have been flipped…...
