What is next for markets? Investors should position forrising odds of Trump re-election In March, we were the first to argue that the market will reach all-time highs (ATH) in 2021, and after the Fed’s second intervention in April, we elaborated why ATH is likely to come even earlier (see here). This was not just…...
The email, formal and foreboding, landed at 9:38 a.m. on Monday, March 2. “Can you please call me when you have a second to talk?” the Bridgewater Associates employee asked. The call, the email’s recipient knew, would not be good: Karen Karniol-Tambour, the hedge fund’s head of investment research, was scheduled to be a lunchtime…
Good Sunday to all Finom Group subscribers! This weekend is our 1 weekend of the month where we do not distribute our official weekly Research Report (3 weeks on, 1 week off). We will be back next week with our latest weekly analysis, outlining all factors driving the economy and markets. Nonetheless, we have compiled…...
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 episode, we discuss the S&P 500 continuing to set new record-level highs, but showing signs of exhaustion and with an RSI above 70 for the first time since June. Breadth has weakened, but it is not weak.…...
Over the last 10 trading days, it’s been all the rage to clammer over the weakening market breadth as the markets travel higher. The S&P 500 (SPX) and Nasdaq (COMPQ) have continued to set new record highs while declining stocks have been outpacing advancing stocks. Additionally, there has been some divergence in the percentage of…
Fed minutes disappoint with lack of inflation-targeting details or willingness to employ yield curve control. Meanwhile, the recovery is being challenged by a potential fiscal cliff, several universities deciding to move online and escalating political tensions. Breadth continues to narrow. On Friday, Apple contributed 105% of the total return of the Nasdaq 100 and S&P…...
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,…
While markets continued to make new all-time highs this week, underlying breadth and momentum suggest caution in the near-term. There has never been, nor ever will be, anything wrong with taking a more cautious approach to managing capital investments from time-to-time. This is especially true if we accept that the market has not had any…...
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 episode, we discuss the S&P 500 achieving all-time highs once again and how it tends to perform historically after such feats of strength. Valuations are subjective and should guide your trading and investing plan, but rather be…
Remember the bear market? It wasn’t so very long ago and maybe the question is fitting given its short life cycle? Markets have moved at an accelerated pace to the upside since March 23rd, marking the bottom of a 33-day long bear market. The accelerated pace can be correlated to the rapidity of fiscal and…
