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…
Written by Neil Shearing, Group Chief Economist 28 April 2020 Last week I outlined how and when virus-induced shutdowns are likely to be eased. This week I discuss how the world may have changed when economies reopen. As I have noted before, the lockdowns have curtailed both supply and demand. Shuttering workplaces and restricting movement…
The S&P 500 (SPX) managed another significant achievement post the fastest bear market plunge in history on Tuesday with a climb back to and above 2,920. But, with that milestone achievement and edging closer to a 61.8% Fibonacci retracement level, off the lows in March, the benchmark index quickly reversed all of it’s morning gains…
Monday markets proved to pick up right where Friday left off with a continued surge in stock prices. The rally didn’t show itself in the safe way that the majority of the relief rally since March 24th though. No, on Monday breadth was strong, tech did not lead, small-caps outperformed and the Equal-Weight S&P 500…
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…
April 20, 2020 Bill Miller 1Q 2020 Market Letter There have been 4 great stock market buying opportunities in my lifetime. The coronavirus has given us the 5th. The first was in 1973-74. The Vietnam War was still underway. Then war broke out in the Middle East in October of 1973. Oil prices soared, inflation…
