J.P. Morgan: Steepest Rise in Concentration, Narrowest Leadership, ML Application of Crowding to Predict Market Returns
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Seasonal Downturn Psychology
It was a far less interesting week in the markets than the 2%+ decline in the Nasdaq, on Thursday, would have investors assume. Additionally, with the S&P 500 (SPX) finishing monthly Op/EX week with only a 1 point change on Friday, well, I think that about says it all. A lackluster week in the markets…...
Weekly State Of The Market: It’s Not A Friendly Investing World
“While so many worry about trying to grab a few pennies in front of a steamroller… We could be picking up gold coins in front of a tricycle. Optimism wins, pessimism loses less, but only one of the two has an actual gain.” ~Seth Marcus I’m a technician I’m a fundamentalist I’m a quant… We…...
Goldman Sachs: 4 Cyclical Phases
As interest rates climb and inflation shows signs of cooling — where are stocks in the market cycle? Equities markets usually have four phases, and right now stocks are in the “optimism” stage, according to our Chief Global Equity Market Strategist Peter Oppenheimer. He expects relatively low returns from here as stocks trade in a wide…...
Summer Doldrums and Fool-Bearing Price Action
The table has turned. In 2022, the S&P 500 (SPX) and peer indices finished the first half of the year at a very low point. In 2023, the S&P 500 finished at the very highest point at the end of the first half of the year. So many aspects of the market have been flipped…...
Weekly State of the Market: Busting Myths With Discipline
Remember that valuation is only expensive relative to history, and irrespective of the future! If I might introduce you to the likes of Nvidia? ~Seth Golden If you would like to watch our Weekly State of the Market video, please click the provided link. Be on the lookout for this week’s macro-market Research Report. Have…...
Goldman Sachs Investment Strategy Group: S&P 500 Good Outlook Raised
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Job Market Deja Vu And S&P 500 Upgrade
Leading economic indicators continue to slip lower. Yet, bulls, who rightly counseled against “fighting the Fed” during the free-money era, have ditched their own sound advice. Predictably, their focus has migrated to the lagging indicators (like employment numbers), although even that last bastion of strength seems ready to buckle. (Commentary from Doug Ramsey of The…...
Entering the 2nd Half: Some Useful Data To Keep Front Of Mind
Our weekly State of the Market video and macro-market weekend Research Report are postponed due to holiday weekend. In the meantime, below is some pertinent data and analysis to keep front of mind as we embark on the back half of the year. For easy access, click the link for the corresponding video presentation. Have…...
J.P. Morgan Q3 2023 Guide To Markets
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