Over the past few days, economists and strategists are coming out with forecasts for economic growth, earnings, and asset prices. These forecasts range wildly from 20, or 50% or 70% declines on any of these measures. In reality, all of the measures forecasted heavily depend on how long the economy will stay shut down in…...
...
For most investors and traders, last week was one of the worst weeks in market history that they experienced or at least the worst since 2008. When it was all said and done, the S&P 500 (SPX) lost another 8.8% for the week and is now down some 16% for the year. Additionally, since achieving…...
The equity market has been coping with the COVID-19 outbreak across developed markets for the last two weeks, forcing investors to guesstimate the impact to demand, supply chain disruptions and credit. The Saudi/Russia oil price war that broke out over this weekend (oil collapsed by 25%, largest decline since ’91) turned an already fragile backdrop…...
The bounce back in markets this past week was quite telegraphed in the historical data we presented in the previous weekly Research Report. When it was all said and down, the S&P 500 (SPX) finished up 0.61% from last Friday, but remains down 8.00% year-to-date. The back-and-forth market activity this week was found with large…...
The S&P 500 (SPX) closed a volatile, ugly week with a major correction and it’s largest since Q4 2018. The index is down 11.5% from last Friday, and down 8.56% year-to-date. It was a record setting decline/correction that unfolded and found many traders/investors abandoning equity exposure in favor of cash as the correction deepened. This…...
If you were asked to do nothing as an investor for the week to come, could you do it? Sometimes the simplest and most appropriate measure to take is the most difficult for investors and traders alike. We think this is an appropriate manner in which to contextualize markets near-term and with respect to growing…...
Since displacing the gains from January, which we believe is the best term to use, the S&P 500 (SPX) has more than recaptured those gains by closing out the 2nd trading week in February at record-level highs. If it seems as though we continue to use the phrase record-level highs quite often, that’s likely because…...
Good Sunday to all of our Finom Group members. Due to this week’s engagement at The Money Show in Orlando, Florida, we are delivering the latest J.P. Morgan Research Report in leu of our usual weekly Research Report. J.P. Morgan’s analyst team has proven a strong leader in the field of dedicated analytics on a…...
It’s a new year, and come Monday, a new month as a typical February month is found for little movement in the way of market returns on average. What may also come on the first day of the new month is follow through from what appears to be a “normal” and healthy correction. We’ll see…...
