Please click our link to the latest Finom Group YouTube video and subscribe to our channel for future video updates! “There are decades where nothing happens; and there are weeks where decades happen.” – Vladimir Ilyich Lenin SPX has made 584 new all-time highs since 1990 SPX has made 24 new highs in 2020 alone…
Thanksgiving: Eye on the Market The Armageddonists were not rescued from underperformance purgatory by COVID, and markets are at all time highs again with prospects for further gains in 2021. However, I can think of something that could rescue them, at least temporarily: the risk of electoral illegitimacy and Constitutional mayhem on January 6th. See…
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review this week’s SOTM. In this week’s episode, we review the decline that was October and the potential market returns for November and beyond. The market has responded to the election with a robustness of breadth and has moved to focus…...
Show Me the Money! 2020 was all about beta and understanding how equity markets trade in and around a recession that handed us the fattest pitch we’ve seen in a decade. 2021 will be much more about stock picking (alpha) and should favor those companies that can deliver earnings growth that isn’t already expected or…...
Welcome to another trading week!! In appreciation of all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from our Weekly Research Report. Our weekly Report is extremely detailed and has proven to help guide investors and traders during all types of market conditions with thoughtful insights and analysis, graphs,…
The S&P 500 (SPX) has surpassed its previous high among a global pandemic and an uncertain economy. The index is up almost 11% year-to-date, as investors anticipate more good news regarding a COVID-19 vaccine. Nonetheless, it proved a strange week in price action terms as Monday’s 4% gap up was almost erased by the end…...
And wouldn’t you know it; the S&P 500 hit an all-time high Monday (3,646) and the strategists followed with upgrades to their macro-outlook and S&P 500 price targets. Isn’t that just always the way? When prices rise, so do price targets while sentiment becomes increasingly bullish. When prices fall the analysts encourage a deeper consolidation…
The equity market is facing one of the best backdrops for sustained gains in years. After a prolonged period of elevated risks (global trade war, COVID-19 pandemic, US election uncertainty, etc.), the outlook is significantly clearing up, especially with news of a highly effective COVID-19 vaccine. We expected an imminent vaccine outcome and a rotation…...
We remain committed bulls over next 6-12 months. When bull markets simultaneously begin with a new economic cycle, they typically last for years,not months or quarters. As such, we believe this bull market has a long way to run both in time and price. Our calls for a 10% correction in August and then again…...
Welcome to another trading week!! In appreciation of all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from our Weekly Research Report. Our weekly Report is extremely detailed and has proven to help guide investors and traders during all types of market conditions with thoughtful insights and analysis, graphs,…
