While Finom Group does not offer a full-scale Research Report this particular weekend, we do have some thoughts to outline and through the following charts. The question investors have on their minds, after an 8% Nasdaq (COMPQ) correction, 10% Russell 2000 (RUT) correction, and recent 4% pullback in the S&P 500 (SPX)… then watching all…
The narrative surrounding inflation, or “reflation” as I recognize it to be, is pretty compelling. The financial media does a stand-up job of driving a fearful story that introduces many negative consequences from inflationary prices. History suggests that such fears are, indeed, overblown and generally only produce momentary equity market consequences. So before you get…
“Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.” ~George Soros “Sometimes buying early on the way down looks like being wrong, but it isn’t.” ~Seth Klarman Markets crash from oversold, not overbought!We’re certainly oversold here, so remember our 5-percent maxim/rule:…...
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Research Report Excerpt #1 Are we on the cusp of another double-digit Nasdaq correction? Anything is possible, and since reaching it’s new all-time high on 4/29/2021 of 14,211, the growth and tech-heavy Nasdaq has once again come under pressure, even with bond yields under pressure. From the Nasdaq high to the most recent low, the…
The Mid-Cycle Transition Over the past month, we’ve taken a different path than most equity strategists. Rather than getting excited about the reopening, we are getting more concerned about (1) execution risk and (2) what’s already priced in.First, on the execution front, there’s growing evidence that supply remains a problem for many companies, just as…...
After 3 full trading weeks, and an additional 3 trading days this past week, the S&P 500 (SPX) managed to add more gains to the already double-digit returns in 2021. The S&P 500 has now achieved 27 new, record highs in 2021, with its sights potentially on more new highs in the coming weeks and…...
Some 90% of RIAs can’t analyze markets with any proficiency! Some 90% of analysts can’t advise clients in a manner that achieves even market performance! In other words: “Its easier to talk markets than it is to invest/trade markets. This is especially true when it’s your own capital. Remember this, next time you hear a…...
Global Macro spotlight by Gary Schlossberg, Global strate We believe investors looking beyond this year’s expected economic boom can expect a shift to more moderate, sustainable growth plus steadier inflation and interest rates during the latter part of 2022. Slowing economic growth has been typical during the second full year of an economic growth cycle…...
Research Report Excerpt #1 Speaking of Friday’s pullback, Finom Group has identified what may have caused or catalyzed Friday’s downturn, the biggest Permanent Open Market Operation (POMO) of the Fed’s bi-weekly calendar cycle. This is what is commonly known as the Fed’s Quantitative Easing operation for which every 2 weeks the Fed is buying assets…
