With each passing week in 2022, we analyze, scrutinize, and rationalize a litany of macro-fundamental, technical, and quantitative data. This week, however, we won’t be doing the same ole’ same ole’, as the saying goes. For many Finom Group members you likely have read our works throughout the year or heard our chief equity strategist…...
“Time in the market” is only a benefit if the market is heading in a positive direction. Otherwise, idleness is a curse not a blessing. ~Willie Delwiche If you would like to watch this week’s State of the Market video, please click the provided link. Be on the look out for this weekend’s macro-market Research…...
Since at least Jackson Hole, the narrative has been that inflation is a big problem, and the Federal Reserve was up for the fight—certifying it would raise interest rates quickly, substantially, and for a long time. Powell gave his “tough-love” speech on August 26th when the S&P 500 was at 4,200 and the Treasury yield…...
Research Report Excerpt #1 The chart of the S&P 500 above is the exact price action from a double-bottom, bottoming process in 1962, whereby the index took off through the end of October and into 1963. Indeed, just as it was in 1962, the markets found the June rally sputter and falter through September, into…
What a week, month I mean. The first three quarters of 2022 have been disasterous for investors of all types. Recall that year-to-date through Q3 had been the worst start for a 60/40 portfolio since 1974, which was also an inflation and Fed hiking regime. However, as detailed in the Ned Davis Research chart below, following…...
“Do you know what investing for the long run, but listening to market news everyday is like? It’s like a man walking up a big hill with a yo-yo and keeping his eyes fixed on the yo-yo instead of the hill.” ~Alan Abelson If you would like to watch this week’s State of the Market,…...
Last week’s tactical bullish call was met with doubt from clients, which means there is still upside as we transition from Fire to Ice—falling inflation expectations can lead to lower rates and higher stock prices in the absence of capitulation from companies on 2023 EPS guidance. A good start as we transition from Fire to…...
There are good reasons that new traders are washed out of the markets within their first 2 years of trading. The first is likely due to a lacking of discipline and dedication to the investing craft. The second reason is a lacking of respect for capital investing and the process surrounding capital investing, well. The…
“The greatest enemy of a good plan is the dream of a perfect plan. Stick to the good plan.” ~ Jack Bogle If you would like to watch this week’s State of the Market, please click the provided link . This weekend we will not be publishing a weekend macro-market Research Report, but will pick…...
Unfortunately our monthly-cycle, weekend macro-market Research Report will be postponed until Sunday October 30, 2022, due to an unexpected family visit. As we often offer, today’s 3rd party Research is disseminated by Morgan Stanley and the team led by Mike Wilson, chief equity strategist. Last week’s infatuation with CPI/PPI may be a trap for the…...
