Good Wednesday morning investors and traders! As a reminder, this is our Finom Group off-reporting weekend (2 weekends on, 1 weekend off). With that in mind, I encourage investors/traders to consider the attached 3rd Party Research from our friends at Capital Economics and RBC Capital. Additionally, we plan to publish additional 3rd Party Research this…...
We are going to commence this weekend's macro-market Research Report by stating something that should be obvious, but based on this past week's market rally some may be overlooking: "The markets are still within a consolidation/pullback phase."
Good Wednesday morning investors and traders! Ahead of the official release of the Consumer Price Index, the Producer Price Index for the month of December showed a slower rate of change in prices than economists had forecast. Whether or not this proves a foreshadowing of a cooler Consumer Price Index today remains to be seen.…...
Only 2-trading weeks into the calendar year and things have become a whole lot tougher for investors. I will (Seth Golden) be flying solo this weekend, so kindly forgive any grammatical or spelling errors. Speaking of errors, the Wall Street strategists’ price targets are looking more and more unreliable in the early part of the…...
Good Wednesday morning Finom Group investors and traders! Please consider the following mash-up of 3rd-party Research ahead of this Sunday’s forthcoming Finom Group macro-market Research Report. As always, while we do not always align with the ideas, considerations, and analysis of 3rd-party works, we believe it is relevant to understand such ideas in and around…...
Well, it has not been the ideal end or start to calendar years, but somewhat to-be-expected and in accordance with the Finom Group 2025 Outlook. Additionally, the potential bounce we had outlined in this past week’s Research Note came to fruition with Friday’s “across the board” rally in markets. The Nasdaq Composite (COMPQ) was the…...
There are only 2-trading days left in calendar year 2024, and the S&P 500 finished this past week down -1% for the month of December and is now down during the ongoing Santa Claus Rally period. As it pertains to Santa 🎅 , the market delivered a negative return during last year’s historic Santa Clause…...
Merry Christmas🎄 investors/traders from around the globe 🌏 There are only 4-trading days left in 2024, 1 of which is a holiday shortened trading session. The markets had a bit of a setback last week, but has been bouncing back since and as we largely anticipated. Our signals were clear, with the spike in volatility…...
Good Sunday investors/traders from around the globe 🌏 There are only 6-trading days left in 2024, two of which are holiday shortened trading sessions. The markets had a bit of a setback last week and post the FOMC rate announcement. We have several oversold conditions and several quants that inform investors should have been buying…...
With today’s publication, we take a look at some market internals/breadth in order to recognize that while Tech/Growth/QQQs have seen a 2-week long rally or catch-up trade, it has come at the expense of the rest of the market. This has resulted in a softening or weakening of market breadth. Not unusual, but given the…...
