If you would like to watch this week’s video blog, please feel free to click the provided link! Have a great week and we’ll be reopening the Trading Room next Monday with Seth Golden back from vacation. Norseman 1: “The FED Pivot is here … size and pace to be determined. My expectation is a…...
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Sarcastically speaking, it’s a bit humorous how the recession vibes from early August have almost disappeared by the end of the month. That’s how all of this works, in case you didn’t know. A recession is coming, it’s ever-closer with each passing week and month, but that doesn’t mean it arrives every month. What we…...
The Major Trend Index remained at a Neutral reading of zero in the week ended August 23rd. The MTI had been on the cusp of bear territory between August 2nd and August 9th, with readings for those weeks at a Low Neutral level of -1. Subsequent improvement in the Technical category saved the day, and…...
Welcome Finom Group investors and traders! During our off-reporting weekend, we offer the latest insights and analysis from Wall Street alongside our latest thoughts on the macro-market landscape. As an aside, our chief market strategist Seth Golden will be on vacation from September 2nd – September 8th. Our next macro-market report, therefore, will be in…...
This coming week is the most important week for August 2024 because of the Jackson Hole Symposium and Fed Chair Powell speaks on August 23rd (Friday). Last week on 8/13, we noted that markets shifted to “risk-on” premised on a benign CPI. And building upon this, we see Powell as likely dovish, thus, supportive of…...
Goldman Sachs Weekly Market Mashup Goldman Sachs’ Scott Rubner Nvidia Outlook...
If there has been a lesson from the markets over the last several weeks and since the mid-July all-time highs, it’s that investors and traders never want to find themselves overreacting to… anything!🎯 There will always be concerning economic situations and data, concerning headlines and commentary, which will all attempt to drive investors and traders…...
Well, it definitely got worse before it got better, or got flat for the week. This was largely our expectation for the week-that-was, and as the week kicked into high gear with a dramatic sell-off Monday morning. Much of the Monday sell-off was attributed to the “Yen Carry Trade”, which was deemed to have unwound…...
