Good weekend Finom Group members! This weekend is our “off reporting” weekend, but as always, we desire to offer our members 3rd party macro-market analysis to consider going into each and every trading week. Here are the latest thoughts and analysis from Merrill Lynch to consider. Have a great weekend! Macro Strategy—As we transition into…...
“If you don’t profit from your investment mistakes, someone else will.” -Yale Hirsch Every trade demands a thesis, be it elementary or collegiate, rudimentary or sophisticated. A plan for a trade should precede the trade itself. From there, the discipline for the trade will need to endure volatility. To watch our weekly State of the…...
Research Report Excerpt #1 The key to a healthy cyclical bull market is consistent market rotations. If everything goes up together, breadth thrusts are inevitable, but so is the likelihood of everything going down together, which is not the signs of a healthy bull market. So while there are plenty of complaints about market breadth…
The following Alibaba fundamental research reporting is delivered via the team at Fundstrat: Summary While political risk has significantly eroded BABA’s share price, the recent actions by the CCP against the company, including the largest ever antitrust fine in China’s history, likely mark the interim extreme and bottom for political risk and outcomes will likely…...
From the pandemic lows on March 23, 2020, the S&P 500 is now up more than 96% and nearly doubled in just over 15 months. There are many who wish they could turn back the hands of TIME and BUY the 2020 bear market bottoming process. Finom Group’s chief market strategist Seth Golden was highlighting…...
In this week’s State of the Market we take a look at what the market may produce for the back half of 2021. The quantitative data expresses a good deal of positive equity market momentum, with July also holding better than average monthly gains historically. A body in motion tends to stay in motion. Click…...
STRATEGY: Stick with Epicenter in 2H2021. Strong markets stay strong. US COVID-19 deaths are “unvaccinated” Americans COVID-19 cases could be rising, in part due to the spread of the more transmissible variants (Delta, etc.), but the approved vaccines seem to be containing the spread, and more importantly, limiting the severity of the disease (for a…...
Research Report Excerpt #1 This Bloomberg chart was making the rounds this past week. Less than 45% of S&P 500 stocks trading above 50-DMA. The situation comes with the S&P 500 at all time highs, and of course the last time this happened was 1999/2000. It seems as though anytime you correlate a chart of any kind…
This past trading week went exactly as investors/traders expected, after a ~2% pullback for the S&P 500 (SPX) the previous week. Sarcasm? Precisely! While many investors/traders and strategists anticipated a greater pullback before a resumption of the uptrend, including myself to a lesser degree, the market defied such expectations and rallied to new all-time highs.…...
Investing takes time! When Jeff Bezos asked the 2nd richest man in the world… “Your investment thesis is so simple. You’re the second richest guy in the world, it’s so simple. Why doesn’t everyone just copy you?” Warren Buffett: “Because nobody wants to get rich slow.” To review the State of the Market video analysis,…...
