Macro Strategy—Trends from around the world show supply chain bottlenecks have been holding back global growth to a degree not seen since at least the 1970s. Low inventories and high inflation pressures are also symptoms of the underlying source of these capacity limit problems. While there are both temporary short-term constraints and long-term structural shifts…...
The S&P 500 Index is up to a record 53 new all-time highs by the end August, topping the previous record from 1964. **To review the State of the Market video, please click the provided link. Have a great Labor Day weekend everybody!** 12 new all-time highs for the S&P 500 in August. That…...
With the S&P 500 up more than 20% YTD, alpha has been harder to generate this year. Having the right narrative has helped. We see the mid cycle transition ending with a 10%+ correction either by fire or ice which will determine the right leadership. Own Defensives, Financials & Consumer Services. Strong index and big…...
Research Report Excerpt #1 In the above chart, daily data since July 1, 1979 through August 20, 2021 for the Russell 2000 index of smaller companies are divided by the Russell 1000 index of largest companies, and then compressed into a single year to show an idealized yearly pattern. When the graph is descending, large-cap…
Welcome back investors! One week every quarter, Finom Group offers its weekly Research Report freely to the public. This is that week, and hopefully newcomers will discover a wealth of analysis, insights and information that they can utilize to improve upon their journey through the markets. So let’s kick-off this week’s reporting with a quote…
“It’s easier to know what’s going to happen than when it’s going to happen” ~ Dan Rasmussen “Stop focusing on the when, focus on what you know, and plan for the inevitable” ~ Seth Marcus Golden To review the weekly State of the Market video, please click the following link. The risks identified to the…...
Disappointing retail sales and consumer sentiment suggest the US consumer is fading. Most blame Delta but we think this is more about a payback in demand. We reiterate our defensive tilt and remain underweight discretionary and most cyclical sectors. Inventories not as low as consensus believes. Is the US consumer fading? Never bet against the…...
Research Report Excerpt #1 In a down week for all major indices, it’s clear that what worked was defensive in nature and what didn’t work for investors was cyclical in nature. This weekly performance comes on the heels of the latest University of Michigan consumer sentiment report (released Friday August 13), which was rather abysmal,…
That was some wild monthly Options Expiration week; was it not? While the S&P 500 (SPX) fell .60% on the week, it threatened a great deal more than that by mid-week. The trend has not proven friendly for monthly Options Expiration week, but the long-term trend for the benchmark index proved its strength once again…...
They say the trading hierarchy is 10% Technical analysis, 30% Risk Management and 60% Patience & Emotion management. If you lack patience, and can’t control and recognize your emotions, then you’ll likely find little to any progress with your investing/trading regiments. Technical/Fundamental analysis is the strategy/process and plan to employ. The hardest part is the…...
