Good Sunday morning to all! I, Seth Golden, will be flying solo on this Research Reporting mission as our chief technical analyst Edward Cordoba and our chief operating officer Wayne Nelson are in travels this weekend. So while the cats are away… let’s play, as they say! We do have a little housekeeping to take…...
Authored by Thompson Capital Management Recently Forgotten Recency bias. Source: NY Times In psychology, “recency bias” is the term that describes our tendency to use the recent past as the baseline for what will happen in the future. While recent action in markets might suggest that 20 is a ceiling for the VIX Index, that…...
The S&P 500 (SPX) has run fast, furious and unabated in it’s journey toward the 3,100 level. The benchmark index narrowly missed achieving this goal on Thursday of this past trading week. Nevertheless, the S&P 500, alongside its peer indices all finished higher for the week once again. The S&P 500 was up 0.85% from…...
And oh what a week it was… if you went into the week under the impression that new S&P 500 (SPX) record highs were within reach, you had the right expectation! At Finom Group, we hope that our guided approach to macro-fundamental analysis aids in improving your portfolio performance and with that, let’s take a…...
Coming into the trading week that was, the S&P 500 (SPX) completed two up weeks in a row, and began the trading week with a surge above 3,000. This was an ideal set-up for the remainder of the trading week and one that was absent any anticipated geopolitical turbulence. Investors would be considering, for the…...
Entering the trading week, we were of the opinion that the rally in the major averages from the previous week would find a continuation of that rally. In looking at market breadth/internals as well as what was expected to be a favorable financial sector reporting season, we offered the following in last week’s Research Report:…...
It looked as though markets were on the precipice of breaking down earlier in the trading week, and as headlines suggested that Chinese officials/delegates were inclined to cut their trip short in Washington. The S&P 500 (SPX) had fallen roughly 2% through Tuesday, before counter headlines suggested there was no indication that Chinese officials were…...
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video. In this week’s episode we discuss October markets alongside the geopolitical heavyweight optionality that is whipsawing markets. A trade deal of sorts has been outlined by the Chinese and U.S. negotiating parties Friday. Our dialogue this week aims to rationalize the numerous…...
If you enjoy roller coasters then you probably enjoyed the market action this past trading week. From peak to trough the S&P 500 (SPX) fell nearly 3% intra-week, before rebounding Thursday-Friday. The latest ISM data proved to question bullish market and economic trends, but failed to give sustainable rise to bearish market sentiment, at least…...
Good Sunday morning to all! As mentioned throughout the week, due to the birth of my nephew, we will have to forgo our weekly Research Report. However, we are able to offer the latest SOTM video with Wayne Nelson and myself alongside the most recent analysts’ report from J.P. Morgan Chase. Please click the link…...
