Hotter but shorter cycles persist — we continue to forecast an earnings recession this year that we don’t think is priced, followed by a sharp EPS rebound in 2024/2025. We recommend investors focus on stocks with defensive characteristics, operational efficiency, and earnings stability. Cyclical Bear within a Secular Bull… We still expect a meaningful earnings…...
Good Sunday Finom Group members. As previously mentioned and due to a death in the family, we are not able to deliver our usual deep-dive, macro-market Research Report this weekend. Having said that and with great appreciation for your patience, we have compiled several studies that remain highly relevant and correlated to the market’s 2023…...
Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down. ~Warren Buffett If you would like to watch the weekly State of the Market video, please click the provided link . Unfortunately, due to a death in the family a week ago and travel plans this weekend to…...
We know that historical analogs and averages can be overdone in market analysis, and our statistical approach (and maybe our longevity) makes us even more susceptible to looking for patterns that might not exist. Last fall, though, we noted that the current inflationary cycle is tracking the “average” historical path to an almost eerie degree,…...
Cross-Asset Strategy: Equities rallied to YTD highs on optimism around a US debt ceiling resolution, a move that seems misplaced given they were never pricing in a material risk of failure to raise the ceiling to begin with, and as negotiations are far from complete. Even aside from the debt ceiling issue, we maintain that…...
Pundits and gurus master the art of going out on a limb without going out on a limb. ~Philip Tetlok If you would like to watch the recorded State of the Market video, please click the provided link. Remember, this is our off-weekend, therefore, we will not be publishing a weekend macro-market Research Report. Have…...
...
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…
Boom! It just got “real”, as the kids say. The boom is the equivalent of the S&P 500 (SPX) finally getting back above 4,200, intraday. Is the intraday label 🏷 noteworthy? It is to technicians and algorithms, and a majority of active traders/investors whom monitor such nuances/labels. Having said that, I am of the opinion…...
“Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.” ~Pele If you would like to watch the State of the Market video, please click the provided link. Have a great trading week and be on the lookout for…...
