By: Olivier Armantier, Leo Goldman, Gizem Koşar, Jessica Lu, Rachel Pomerantz, and Wilbert van der Klaauw In this post, we examine how households used economic impact payments, a large component of the CARES Act signed into law on March 27 that directed stimulus payments to many Americans to help offset the economic fallout from the coronavirus pandemic. An…
Welcome to another trading week!! In appreciation of all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from our Weekly Research Report. Our weekly Report is extremely detailed and has proven to help guide investors and traders during all types of market conditions with thoughtful insights and analysis, graphs,…
A strong market rally the last few trading days of September and through the first week of October has been the result of investors possibly looking through the typically volatile October month and post the November 3rd election. Maybe, possibly, perhaps? Nonetheless, October has gotten off to a strong start. In looking at the chart…
Forward-thinking investors are likely to perform better than those who are adversely affected by the headlines of the day. While many will be whipsawed out of positions, lose confidence in the trajectory and trend of markets, it’s the calm and rationale investor who maintains a longer-term focus that will likely extrapolate the better discipline and…
Welcome to another trading week!! In appreciation of all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from our Weekly Research Report. Our weekly Report is extremely detailed and has proven to help guide investors and traders during all types of market conditions with thoughtful insights and analysis, graphs,…
Tonight (Tuesday Sept. 29) is the first Presidential Debate on Fox News. Ahead of the first official debate, the equity markets are rebounding off of their recent correction-period lows and with the Nasdaq (COMPQ) recapturing its 50-DMA on Monday. The S&P 500 (SPX) captured the same moving average intraday, but came shy of closing above…
After 2 trading days having concluded for the week, and despite the seemingly unchanged level in the S&P 500 (SPX), there has been a goodly amount of price action that has taken place. At its trough level for the week-to-date, the S&P 500 dropped to foreseeable and forecastable levels before rebounding on Tuesday with a…
Welcome to another trading week!! In appreciation of all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from our Weekly Research Report. Our weekly Report is extremely detailed and has proven to help guide investors and traders during all types of market conditions with thoughtful insights and analysis, graphs,…
After consecutive weeks of -2%+ drawdowns for the S&P 500 (SPX), and the Nasdaq (COMPQ) dropping below its 50-DMA, all major averages are attempting a bounce back this week. Thus far, the technicals are proving supportive of the bounce ahead of Wednesday highly anticipated FOMC rate announcement and Fed chairman’s press conference. The chart of…
Welcome to another trading week!! In appreciation of all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from our Weekly Research Report. Our weekly Report is extremely detailed and has proven to help guide investors and traders during all types of market conditions with thoughtful insights and analysis, graphs,…
