Market and Volatility Commentary COVID-19 forecasts – providing updates and modeling details Given the unprecedented heath crisis and resulting economic shock, our research focused on understanding the timeline of the pandemic. In a series of papers (see here, here, here, here, here, and here) we provided a set of forecasts about the pandemic that were…...
The S&P 500 (SPX) managed another significant achievement post the fastest bear market plunge in history on Tuesday with a climb back to and above 2,920. But, with that milestone achievement and edging closer to a 61.8% Fibonacci retracement level, off the lows in March, the benchmark index quickly reversed all of it’s morning gains…
Monday markets proved to pick up right where Friday left off with a continued surge in stock prices. The rally didn’t show itself in the safe way that the majority of the relief rally since March 24th though. No, on Monday breadth was strong, tech did not lead, small-caps outperformed and the Equal-Weight S&P 500…
Welcome to another trading week. In appreciation to 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…
The world is an imperfect place! Remember that as an investor, engaged in an imperfect marketplace with imperfect systems, theories and analysis. Given this fact, and I think we can all agree it is a fact, one shouldn’t expect perfection in their market participation. There will be both wins and losses, trials and tribulations, good…...
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 take a look at a market that is consolidating in time, but not so much in price… yet, perhaps. A look at some aspects of financial conditions, the yield curve and past…...
April 20, 2020 Bill Miller 1Q 2020 Market Letter There have been 4 great stock market buying opportunities in my lifetime. The coronavirus has given us the 5th. The first was in 1973-74. The Vietnam War was still underway. Then war broke out in the Middle East in October of 1973. Oil prices soared, inflation…
Market and Volatility Commentary S&P 500 back to highs? Quantifying Fed impact on the multiple; Sunshine – a factor in reducing COVID- 19 spread The COVID-19 pandemic trajectory and recovery is currently the key driver of financial markets. In our recent work, we used big data and a multidisciplinary scientific approach to forecast the date…...
Another rough session on Wall Street Tuesday, which is otherwise known as “turn around Tuesday”. Unfortunately, there was no “turn around”, as crude oil continued its route to the downside on Tuesday, plumbing levels never experienced before. Additionally, this proved to be the worst Tuesday of the year for the market in 2020. The S&P…
I was told the market could only go higher! Obviously this would never be the case and after one of the strongest rallies in history, the S&P 500 (SPX) should be expected to consolidate some of its recent gains. How much of the gains and over what period of time remains in question, but as…
