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 continuation of the new, bull market with various overbought conditions and with key economic data ahead. Additionally, we recognize historic studies that still suggest new highs are ahead for the S&P 500,…...
Another day on Wall Street meant another day of equity market gains, while Bonds also continue to rally and with yields moving ever-lower. It seems a paradox and concerning to many, but as Quantitative Easing manipulates the otherwise normal correlation between stocks and bonds, a new normal may be developing. I hesitate to herald such…
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 Weekly Must Know macro and technical analysis. Our weekly Reports are extremely detailed and have proven to help guide investors and traders during all types of market conditions with thoughtful insights and…
In some regards, an incumbent seeking reelection fits well into NDR’s historical analysis wheelhouse. The last presidentto not run for reelection when he could have was Lyndon Johnson in 1968. The last president to lose a reelection bid was George H.W. Bush in 1992. No millennial, and few Gen-Xers, have invested under the cloud of…...
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 recent Nasdaq consolidation and monthly RSI reading for insights into the potential trend developing and returns to come. While the markets remain pointed higher, economic data has proven to weaken over the…...
It has already proven a rather choppy start to the trading week, with the S&P 500 (SPX) rallying on Monday and the Nasdaq (NDX) bouncing sharply. On Tuesday, however, all major averages gave up ground as investors grappled with commentary from legislators. Heading into the Wednesday trading session, investors/traders will likely be watching Congressional testimony…
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,…
Big week for the S&P 500 (SPX), depending on which side of the fence you’re leaning of course! The path of least resistance, advancing higher, proved the path taken through mid-week and until all was lost. There was something to be gained from the weekly trading range whether you were bullish or bearish. That has…...
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 somewhat overlooked reasons as to why investors are always found buying dips, even when valuations appear stretched. Additionally, we take a deeper look into the VIX futures term structure to uncover further…...
After a 20+ point gain and new bear-to-bull market high for the S&P 500 on Monday, the benchmark index tacked on another 5 points Tuesday. During the 2-day rally it didn’t prove all unicorns and rainbows. On Monday, the biggest issue most investors highlighted was that the rally came with poor market breadth. On Tuesday,…
