Authored by Chetan Ahya, Chief Economist and Global Head of Economics at Morgan Stanley Will the V Disrupt the V? We received a stark reminder this week that the fight against COVID-19 is not over, as new cases globally thrice reached new highs. Unsurprisingly, the number one question we get from investors is whether this resurgence…
2020 Mid-Year Outlook for Economies and Markets as the World Re-opens Summary and Replay of 2020 Mid-Year Outlook Virtual Meeting Global growth is set to rebound in 3Q on the easing of lockdown restrictions, emerging signs of economic recovery, and improving consumer sentiment, but investors should be more selective over the next six months as…...
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,…
Has the COVID-19 reemerging positive case ratio finally caught up to what many have described as a market that is overvalued, overheated and disconnected with “reality”? Whosever’s reality that might be? There are always doubts and conjectures when a market proves to consolidate, especially when the headlines are negative and flowing on a minute-by-minute basis.…...
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 how we got to this point in the S&P 500’s rally from a bear market into a new bull market. What are the implications from a presidential election year? Is another Cares Act…
Stocks closed higher for a 2nd day in a row, as better than expected manufacturing and services sector data out of Europe helped to support the market. U.S. Markit manufacturing and services data also managed to beat economists’ expectation while New home sales continued to rebound since the April-May lockdown period. The S&P 500 (SPX)…
Markets were lifted higher on Monday despite some of the fears surrounding the rise in new COVID-19 cases over the course of the previous week. The S&P 500 (SPX) rose 20 points or .65% on the day, which actually lagged the small-cap Russell 2000 (RUT) and the tech-heavy Nasdaq (NDX) which both rose just over…
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,…
After retreating some 4.7% in the previous week, the S&P 500 (SPX) took back some of the consolidation. For the week, the S&P 500 gained 1.86%, but the week didn’t seem as strong as it was given the latter trading days of the week and with Friday’s drop of just over a half percent. In…...
The background is well known to all. On February 19, the U.S. stock market hit a new all-time high, with the S&P 500 reaching 3,386. Then investors began to price in the novel coronavirus, causing the market to make its fastest trip ever into bear territory, with the S&P 500 down 34% in five weeks…
