Welcome to another trading week. In appreciation to 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…
I wrote a memo a week for six weeks starting on March 3, but I’ve skipped the last three weeks. First, the string had to end sometime. And second, I try to adhere to the principle that if I don’t have anything additive to say, I don’t write. Hopefully you’ll find this one worth reading.…
For the second trading day in a row, the S&P 500 (SPX) managed to climb above the 61.8 Fibonacci level around 2,935 only to be pushed back down (Chart below). The struggle is real and seemingly found for selling pressure for each attempt at closing above the key retracement level. Almost immediately after gapping higher…
Since the S&P 500 (SPX) “initial low” on March 23rd, there’s been lack of speculating on either the market’s or the economy’s trajectory going forward. As it seems commonplace, the market is inflicting the most amount of pain on where the consensus belief has been, which is wildly inconsistent with where the stock market has…
This past weekend was a non-Research Report weekend for Finom Group. Nonetheless we sent the following notes to our Premium, Contributor and Master Mind Options members so as to set the stage for the trading week ahead. We are now making these notes available to our Basic members and the general public. Upgrade your subscription…
Kristin Hooper of Investco One month ago in this blog, I noted that April would be a critical month to gauge the global response to the COVID-19 pandemic. Across the board, it was a massive response, including significant monetary and fiscal stimulus from a variety of economies and widespread lockdowns designed to slow the rate of infection.…
Another day another roller coaster ride for investors, as much of the daily gains were removed in the final hour of the trading session. So what happened in that final hour of trading? The answer is rather simple: Nobody knows for sure, but everyone is likely and willing to propose they know with offered explanations.…
You know, with all the pandemic crisis confronting investors over the last 45 days or so, it gets lost in the mix that this is indeed an election year. And on that note, the S&P 500 (SPX) hasn’t been lower during an election year with a President up for re-election going back to 1950. We…
Welcome to another trading week. In appreciation to 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…
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. In this week’s episode we take a look at a market that has exacted the largest percentage gain relief rally during a bear market in history, but has since pulled back. The final leg of the relief…
