Research Report Excerpt #1 Over the last twenty-one years, the full month of October has been a solid month for the market. DJIA, S&P 500, NASDAQ, Russell 1000 and Russell 2000 have all recorded gains ranging from 0.6% by Russell 2000 to 1.9% by NASDAQ. But these gains have come with volatile trading, most notably…
Markets rallied again this past week, but finished on a high note unlike the previous week’s rally. The S&P 500 (SPX) was up 3 days in a row to end the week, but it hasn’t been up a 4th day in a row since Aug 25, 2021. Given the 2-week win streak, it may also…...
Patient, tactical, resourced, and disciplined investors are always rewarded! Manage those characteristics and you will “massage” your returns higher! ~Seth Golden If you wish to review the State of the Market video, please click the provided link. Have a great trading week Finom Group traders and investors! Panic/Euphoria model from SentimenTrader is off its peak…...
With the Fire portion of our Fire and Ice thesis playing out, we await the timing and magnitude of Ice as the determinant of when the mid-cycle transition will be over. We continue to favor consumer services over goods stocks and highlight our analysts’ key picks. Winter is coming but timing unclear.Fire has arrived with…...
Research Report Excerpt #1 Before we get to that though, recall what Finom Group offered in its most recent weekly State o the Market, and regarding Call and Put Open Interest strikes. First time in many, many months that we are vulnerable to a delta-hedge selloff, with: 1) heavy put open interest strikes on SPY below market 2)…
Welcome back traders and investors! It is still a tricky, and muddled trading landscape. We have entered the 4th quarter of 2021 and the most volatile month of the calendar year for the markets. Coming off the worst week for the S&P 500 since January, the first full week of trading in October started with…...
Maintaining good disciplines during price consolidation periods: 1. Are the “yea buts” greater than a self-induced economic shutdown and bear market? 2. Are the “yea buts” likely to be remedied with time and naturally? 3. Will the “yea buts” meaningfully or temporarily prove a headwind for EPS growth? The market answers these questions for you…...
Cross-Asset Strategy: As we indicated in a previous report, a combination of a strong recovery in demand, easy policy, financial flows, and a chronic underinvestment in supply (due to the prior low price regime, environmental policies and geopolitical headwinds) appear to be boosting energy prices. Oil and natural gas prices surged to multi-year highs and…...
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“In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” -Peter Lynch If you would like to review the weekly State of the Market video analysis, please feel free to click on the provided link! While S&P/large cap tech stock…...
