Wall Street Firms Have Mixed Feelings About Macro-Markets
J.P. Morgan’s Mike Ferolli Fundstrat’s Tom Lee Bank Of America’s Savita Subramanian...
Yardeni Research: Beryling Toward Rate Cuts
Some macroeconomic storm clouds are brewing. Markets are fleeing for shelter in Treasuries, leaving behind almost everything else, including their prized LargeCap tech stocks and recently acquired SMidCaps. Here’s the market action as of midday: The Nasdaq officially entered a correction, down more than 10% from its record high reached roughly a month ago. The…...
After The First Rate Cut
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The Leuthold Group: Technicals Say The Bull Has Time On The Clock
The Major Trend Index held at a Neutral reading for the week ended July 26th. A second consecutive weekly decline in the S&P 500 failed to knock down our Technical composite from its bullish perch at +4. In fact, that category saw twice as many upgrades (10) than downgrades (5) as the market continued to…...
With Patience And Time
Another difficult week for the large-cap indices like the S&P 500 (SPX) and Nasdaq Composite (COMPQ), which both fell for a second consecutive week. The S&P 500 declined roughly -.8% while the Growth-heavy Nasdaq declined roughly -2% for the week. The strength that the markets have been experiencing from the Small-cap Russell 2000 (RUT)… continued!.…...
Fundstrat: Summer Of Small-Caps
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Summer Doldrums Starting To Surface
If it’s been said once it has been said millions of times, “everyone would be a buyer if stocks were cheaper, but when stocks are cheaper they simply lose buying confidence.” With investing capital, investing capital mind you, it seems as though most investors will find an excuse NOT TO BUY in favor of “capital…...
Fundstrat Remains Bullish on Small-Caps
by Tom Lee The major event over the weekend is the failed assassination attempt against former President Trump. This is a huge blessing that the assassin did not succeed. Data from betting markets, including RealClearPolitics.com show Trump’s chances of winning the White House surge to 65%, the highest level since the start of this election…...
The Great Rotation?
Please take some time to read this weekend’s 3rd party Research from DataTrek, Merrill Lynch and Fundstrat. We will restart our usual monthly reporting regime in the coming week. DataTrek’s Nicolaus Colas The following chart shows the rolling 100-day price return correlations between the S&P 500 and Russell 2000 from 2009 to the present. Correlation…...
BlackRock Mid-Year 2024 Outlook
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