Pfizer has not yet accrued the32 COVID infections for its 1st interim analysis: The fact that Pfizer’s first interim has not been triggered suggests the participants enrolled in the trial may have lower exposure to COVID-19 compared to the general population and/or reported COVID infections overestimating the rate of symptomatic infections. We adjusted our assumptions…...
Markets can prove difficult to understand, making it that much more difficult to create a strategy for extrapolating profits over time. With the election front of mind for a great many market participants, Finom Group encourages investors to recognize that no matter the outcome of the election, an outcome will be achieved. More importantly, however,…
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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 discuss the upcoming election and how markets might perform up-to and through the election. Current market consolidation remains healthy and with more industries still in an uptrend than not. We encourage viewers…...
Weekly Warm-up: ResistanceHolds; Earnings Upside vsMultiple for Stock Selection Last week’s failure to break through technical resistance for second time suggests the correction isn’t over. We expect softness into and past the election before next leg of bull market. Continue to favor stocks where operating leverage is under appreciated in forecasts. Breaking out is hard…...
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,…
By: Olivier Armantier, Leo Goldman, Gizem Koşar, Jessica Lu, Rachel Pomerantz, and Wilbert van der Klaauw In this post, we examine how households used economic impact payments, a large component of the CARES Act signed into law on March 27 that directed stimulus payments to many Americans to help offset the economic fallout from the coronavirus pandemic. An…
Stocks inched higher this past trading week, digesting a slew of updates that suggest the global and domestic economic recoveries may prove a long journey for those who choose to sail the markets seas over the coming years. A resurgence of COVID-19 cases in Europe and the U.S. weighed on investor sentiment, as government officials…...
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. In this week’s video we examine recent market rebound, predicated on breadth thrust firing, economic data and general market participation from fund managers. The “buy the dip” market regime remains in tact as we head into the peak of…...
Cyclicals and small caps have gained more attention even as fiscal deal looks less likely because economic recovery has enough momentum to get past the election. Earnings and economic revisions support our barbell of Cyclicals and growth at a reasonable price. Cyclicals have garnered more attention despite fiscal concerns. Amid growing speculation of a potential…...
