The market appears ready to take on a more defensive character as we experience a meaningful deceleration in earnings and economic growth. Inventory builds are unlikely to offset if order books prove to be inflated as we suspect. Upgrading Staples and adding MDLZ to Fresh Money Buy List. Quality with a More Defensive Twist. Our…...
Research Report Excerpt #1 The primary trend for the S&P 500 is higher, either due to structure or earnings and presently both are favoring a continuation of the primary, long-term trend. Staying with an uptrend produces more opportunities than most are willing to believe and/or experience. Ironically it isn’t until after the fact that some…
Good weekend Finom Group members. In this week’s Research Report, I am going to be flying solo as our Vice President and chief market technician Edward Cordoba is recovering from his bout with Covid. Indeed, he is well and fortunate to only have had mild symptoms over the previous week. And as they say, “The…...
“The difference between underperforming and outperforming often comes down to 2 simple variables: To review the weekly State of the Market video, please click the following link. In this week’s episode we discuss the probabilities of a bigger pullback in the market, given the deepest correction in 2021 has only been 4.2 percent. There are…...
2021 has produced another year of above average returns for the major US indices. However, under the surface it has been far from easy to navigate. This is classic mid cycle transition price action-rotations away from higher risk with deteriorating breadth. Indices still appear vulnerable. What’s Next in the Rolling Correction? Since February, financial markets…...
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…...
