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,…
As one can see in the weekly S&P 500 (SPX) chart below, the week started with significant upside stemming from the reality that headlines of POTUS and FLOTUS positive COVID-19 tests the previous week would result in a more favorable outcome. Fortunately, it appears that the Presidential Family has bounced back from bouts with COVID-19.…...
Equity markets are in the midst of a growth scare for reasons we think will ultimately be resolved by year end, an outcome that may lead to further adjustments in equity prices and leadership. Our annual Tax Loss Selling screen shows 73 stocks that may see technical pressure. Late in August we called fora Growth…...
A strong market rally the last few trading days of September and through the first week of October has been the result of investors possibly looking through the typically volatile October month and post the November 3rd election. Maybe, possibly, perhaps? Nonetheless, October has gotten off to a strong start. In looking at the chart…
Forward-thinking investors are likely to perform better than those who are adversely affected by the headlines of the day. While many will be whipsawed out of positions, lose confidence in the trajectory and trend of markets, it’s the calm and rationale investor who maintains a longer-term focus that will likely extrapolate the better discipline and…
Cross-asset strategy: President Trump’s COVID-19 test revelation has accelerated his deterioration in the polls and betting odds that began after the Sept 29th Presidential debate. The short-term impact on markets is negative because it adds to the sense of policy disarray at a time when the economy faces downside risks from the fiscal cliff. The…...
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,…
Equity markets started the trading week with a strong Monday performance, but from there it became a roller coaster ride for investors. Headlines gripped markets through the week, as debates and negotiations continued for the next potential relief package. When it was all said and done, the jaw-dropping headline that shook global markets came on…...
Tonight (Tuesday Sept. 29) is the first Presidential Debate on Fox News. Ahead of the first official debate, the equity markets are rebounding off of their recent correction-period lows and with the Nasdaq (COMPQ) recapturing its 50-DMA on Monday. The S&P 500 (SPX) captured the same moving average intraday, but came shy of closing above…
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