Avoiding the lure of technical, trend-following strategies while expecting higher earnings growth and higher equity market prices has been rewarded in 2026… and pretty much every bull market cycle, but who…
Each week we publish a macro-market Research Report, which has proven best-in-class, at finomgroup.com. Here are some notable excerpts from our recent reports and this Sunday’s publication. In addition, we’ve included a…
Each week I (Seth Golden) write a macro-market Research Report at finomgroup.com, for thousands of investors, strategists and portfolio managers around the world. The following excerpts are taken from this weekly report,…
“How do you know when to double-down on a position? Only when you’re willing to triple-down on a position!” “When the market does the opposite of your expectations, repeatedly, it is detailing…
“You only get paid to take risk, not to know there’s always risk about the markets.” “This dollar-cost-averaging exercise is why I often suggest there is no such thing as a bad…
This recap provides a comprehensive synthesis of recent market analysis, focusing on the performance and validity of key quantitative signals monitored over the past several months and outlining the strategic outlook for…
“99% of bearish narratives are really metaphors explaining an inability to manage cash wisely.” “Simple doesn’t mean wrong anymore than complicated means right.” “Systems are mostly foolproof, until humans engage the system.…
“Definitely a disproportional move in VOL today (Tuesday) relative to SPX. Heading into monthly Op/Ex.” – SETH GOLDEN, CHIEF MARKET STRATEGIST AT FINOMGROUP.COM (CONTRIBUTOR/PREMIUM MEMBERS ONLY)
“Be in the business of following a time tested strategy, managing cash wisely, leaning into your resources, asking questions, getting feedback, that’s savvy investing/thoughtful management. Just because they are on TV does…
“Discipline is rare because excuses are cheaper.” – SETH GOLDEN, CHIEF MARKET STRATEGIST AT FINOM GROUP
“Investors are funny creatures! Amazes me how #investors are anxious to buy when market is green & scared to buy when market is red. What’s even funnier is investors will hedge in…
“…the 50-DMA is holding… for now. How much longer remains to be seen but before my ADHD catches up with me, I’ll remind investors/traders that if Tech/Semis/Growth/QQQs can’t find a new wave…
“I’m comfortable, despite the late year breadth and momentum consolidation underneath the surface of the markets, buying the dips hence forth and given the litany of quant data informing of higher prices…
“If there is such a thing as “up is bad”, it’s when the HLL Indexes are doing this and break into warning levels. Both are currently at their respective “high alert levels”…
October closes not just with a flurry of headlines or policy speculation but with the market continuing to write its own script atop sturdy earnings growth, resilient margins, and relentless upward price…
Finom Group’s chief market strategist Seth Golden rarely offers a free public article denoting macro-market conditions, trends, or personal insights. Our best-in-class macro-market Research Reports 🔬, which are published solely for Finom…
“I don’t use volume very often. The only really good use for volume is to identify washouts. It’s the main thing it helps you with. You know, you’ll always hear people say,…
“Act on local price weakness with a long-term mindset 🧠! Make time ⏰ your best friend.” Rule of thumb 👍 I don’t worry about a down day/market $SPX $QQQ when crap 💩…
“#Investing well is getting comfortable with being uncomfortable. You know you’ve accomplished this when you see down as good, up as simply better.” – Seth Marcus
September, notorious for its volatility and bearish lore, instead delivered yet another display of broad resilience and underlying macro strength. Contrary to pundits and headline fear, economic growth continued to surprise—with Finom…
“Markets are intrinsically constructed to go higher, not lower and investors largely position and participate for such outcomes. Hence, if there are quant probabilities informing of a greater than 70% downside probability,…
“In the face of pressure to lower rates, they’re going to lower rates. They are. Again, the rapidity doesn’t seem harmful. This is, unfortunately, political pressure that has the potential to cause…
“When it comes to looking at the the totality of the labor data, it demands context. It demands study….by all accounts, the labor market is in balance, almost perfect balance. The major…
September has arrived—Wall Street’s most infamous month for volatility—and the market’s precarious balance act continues. Jerome Powell is still front and center, defending Fed independence against persistent White House pressure as headlines…
“No recession from yield curve inversion has happened the same amount of months out. NOT ONE. If that doesn’t give you a clue that this was never an indicator. I don’t know…
“Let uncertainty reflect in your position size. The sooner you get used to drawdowns. The better you will be able to suffer the drawdowns in the future. No better way to produce…
“When the markets outperforms the probabilities, pay attention!“ – Seth Golden, Chief Market Strategist at FinomGroup.com (Contributor/Premium Members Only) Mid-week Summary Wednesday, August 6th, 2025 Welcome to Market Mania! Where every headline…
Welcome to our Finom Group July Monthly Macro-Market Recap The Imperative of Discipline and Data in a Turbulent 2025 Market Landscape Just hours after Jerome Powell and the Federal Reserve announced there…
“Are we going to get just the right amount of reflation, in just the right product/services categories where there remains the right amount of pricing power and the right amount of consumption…
“Patience and discipline—that’s what’s going to get rewarded more repeatedly than impatience, forcing trades onto the market at all-time highs. There’s nothing wrong with taking profits, raising a little bit of cash…
“No such thing as a failed Zweig Breadth Thrust signal. EVER. Only failed market participants.”– Seth Golden Mid-week Summary Wednesday, July 2nd, 2025 Welcome to Market Mania! Where the only thing more…
Welcome to our Finom Group June Monthly Macro-Market Recap The Imperative of Discipline and Data in a Turbulent 2025 Market Landscape As we approach the midpoint of 2025, the overarching sentiment among…
“As an investor, you should start worrying about deficits the day you can control them. Until then, it’s not worth your time. The market will tell you there are other people that…
“There’s a BIG difference between being informed and being fearful. Especially when it comes to investing, one should have healthy discipline, not a fear-driven mindset! One works for you, the other works…
Biggest errors I’ve (Seth Golden) made: ✅waiting too long long to realize ETFs are Godsends ✅waiting too long to downplay stock picking ✅spending 5yrs studying Technical analysis ✅not spending those yrs primarily…
““Chronocentrism” is the belief that the current period is more important or significant than others, past or future. Frequently and often tragically, that view culminates with an investor boasting that “this time…
“Never base your portfolio actions on actions of others. You don’t know when they began their investment, you don’t know their motivation for selling/taking profit etc.” – Seth Golden via X on…
Welcome to our Finom Group April Monthly Macro-Market Recap! Suppose I told you that reading this report could be the key to unlocking disciplined, data-driven investing—would you read it with the focus…
Welcome to Finom Group! The following data and analytics are extrapolations from our weekly macro-market Research Report dated November 3, 2024 and titled “Will Markets Vote For More Gains?” The content serves as…
If I’ve said it once I’ve said it a thousand times: “Market timing simply DOES NOT work!” As it pertains to the age of ETFs and index ETF investing, it doesn’t matter…
2023 and how it started: After a bear market in the prior year and January Indicator Trifecta is 3-for-3 positive, it’s UBER bullish for the year. Next 11 months and full year…
A tortured heart does not sleep altogether well, and so I spent most of my waking hours publishing the following macro-market thoughts. Why a tortured heart, which will not be detailed here…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
The following charts and analysis were previously offered inside Finom Group’s weekend macro-market Research Report titled “From Good Overbought to Good Oversold.” This blog will serve to build upon our former, exclusive…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
“It is difficult to get a man to understand something when his salary depends upon his not understanding it…” ~ Upton Sinclair by Barry Ritholtz June 2023 Since the financial crisis,…
In one of Jim Paulsen’s last reports before retiring, penned November 2022, Paulsen urged clients to increase equity market exposure/s. He understood the nuances surrounding the concept of “market liquidity”, which is…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Welcome to another trading week. In appreciation for all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from within our weekly Research Report.…
Research Report Excerpt #1 Remember, the Nasdaq is mainly a growth index, holding no banks or financial sector stocks to-date. The Nasdaq is also very top-heavy; 48% of the index maintains Information…
Research Report Excerpt #1 The absolute best investors I’ve encountered or engaged over the last 23 years of my investing career have ALL: Weathered market storms with a willingness to accept double-digit…
Investors and traders are likely pulling their hair out at the roots, bumbling and tumbling through one of the longest and deepest bear markets in history, and without a recession to boot……
by Mike Wilson Jon Krakauer’s Into Thin Air chronicles one of the deadliest years on Mount Everest, when 12 mountaineers died trying to scale the highest peak on earth. The story reveals…
Research Report Excerpt #1 The growth projections by sector are completely flipped for 2023. Analysts anticipate the low comparisons for Consumer Discretionary/Communication Services to be a tailwind for EPS growth in 2023.…
Welcome back traders and investors. This past trading week was jam-packed with optimism, but it ended on a sour note with respect to price action. Animal spirits were seemingly trampling the market…
Research Report Excerpt #1 According to Goldman, U.S. retail investors/traders sold all of the stocks they accumulated during 2019~2021, and went further beyond to capitulate. That’s a meaningful determination by Goldman Sachs;…
Research Report Excerpt #1 Most traders/investors from all walks of capital market experience had a poor year in 2022. When markets are heavily trending downward and taking most stocks down the same…
By Dr. James M. Dahle, WCI Founder It’s a funny quirk of human nature that we learn more from bad experiences and examples than we do from good ones. Today, let’s talk about…
Key takeaways • Consumers have proven resilient in 2022. While they are likely to have a tougher time next year, especially if the labor market deteriorates, they are starting 2023 in decent…
By Michael Cembalest: December 1, 2022 Non-Fungible Trainwreck. First, I’m pleased to offer readers of the Eye on the Market a holiday gift that I commissioned for you: a one-of-a-kind “APE Innovation…
With over 40 years of combined investing experience, Finom Group founders have never seen the existing macro-market conditions. The post-pandemic period has given way to a rapidly evolving outlook for both the…
Research Report Excerpt #1 House Keeping Notes In December, our chief market strategist Seth Golden will be taking his usual vacation and out for the month. His dedication will provide Finom Group…
Within this past week’s State of the Market video, our focus suggested that the market has stepped through the open window and into a relatively protracted period of opportunity for investors. It…
Research Report Excerpt #1 THE FED IS DRIVING THE MARKET, and it demands the market to stay put until further notice. With the aforementioned sentiment, which is hard to argue against, as…
Research Report Excerpt #1 The chart of the S&P 500 above is the exact price action from a double-bottom, bottoming process in 1962, whereby the index took off through the end of…
There are good reasons that new traders are washed out of the markets within their first 2 years of trading. The first is likely due to a lacking of discipline and dedication…
Research Report Excerpt #1 Year-to-date through Q3 had been the worst start for a 60/40 portfolio since 1974, which was also an inflation and Fed hiking regime. However, as detailed in the…
Research Report Excerpt #1 The average duration of a bear market is 446 days (calendar days). The average duration of a bull market is 2,069 days. The average bear market return is -38.4% while the average bull market return…
The investing landscape couldn’t be any better for investors than it has proven to be in 2022. Now, before you stop reading for fear of lunacy of the author, let me explain.…
Research Report Excerpt #1 “Assuming, assuming one could be that best market timer in the world, the difference between that amount of work and simply buying the index ETF and holding it…
Research Report Excerpt #1 COMPOUNDING is a difficult concept for traders! We dont understand geometric growth as easily as linear growth, because its not intuitive. The chart above helps to depict why, when stocks…
Research Report Excerpt #1 After a 3rd straight weekly decline in the major averages, the AAII investor sentiment fell back to one of the lowest Bullish readings in history, only trumped by…
Research Report Excerpt #1 At the end of the second quarter, the S&P 500’s price was 3,785. There’s still another month left to go in the quarter that currently followed that 15%+…
Research Report Excerpt #1 Our first chart comes to us from Chris Ci0vacco. As we had discussed in the past, there will be many, many market participants and pundits that will lay…
Research Report Excerpt #1 Recall the table above that we had been tracking and suggesting may prove favorable for the back half of 2022? Since 1932, any time the S&P 500 was…
While investors, traders and all market participants await the latest Consumer Price Index (CPI), due out this Wednesday, here are some interesting thoughts and analysis from around the web. The above tweet…
Is the market solidifying a bottom with a new uptrend having commenced since late June? Today’s conversation offers several indicators and historic technical guide posts that suggest investors should be looking to…
Research Report Excerpt #1 That’s right. This past trading week was strong, but it wasn’t “uber” strong, as the kids say! In late May, the S&P 500 had a weekly gain of…
Research Report Excerpt #1 Over my career, I have experienced 7 market shocks, including the bursting of the technology bubble, the global financial crisis, and now COVID-19. I mention these events only…
Research Report Excerpt #1 Early July started well once again, but now the market has hit the typical consolidation portion of July, where price action proves less favorable or mixed. In the…
Research Report Excerpt #1 From May 20th to May 27th, the market rallied greater than 6%. One step forward, but unfortunately that resulted in 2 steps backward and new lows for the…
Research Report Excerpt #1 The Bank of America Bull & Bear Indicator is currently at 0. This is probably the slowest of all indicators among investment banks. The track record when this…
Research Report Excerpt #1 Recall that prior to May’s, 6%+ month-end rally, the S&P 500 was down 7 consecutive weeks. This was the longest weekly down streak since 2001, which fell 8 straight…
Research Report Excerpt #1 Like any rally, we want to understand the beginnings of the rally. Did the downtrend find some key level of support or was the rally headline-driven, something in…
Research Report Excerpt #1 We often hear that if you bought the peak in 2000 or peak in 2007 you would have had to have waited X number of years until the…
Research Report Excerpt #1 Keeping in mind that Sell-in-May-and-Go-Away doesn’t pertain solely to the month of May, but rather to the 6 month period starting in May and ending in October. This…
Research Report Excerpt #1 Q2-Q3 are the weakest 2 quarters of the 4-year cycle (shown above), averaging losses of -1.2% for DJIA and -1.5% for the S&P 500 since 1949, and -5.0%…
Research Report Excerpt #1 Taking a step back for a moment, recognizing the landscape for 2022 doesn’t inspire a great deal of positive market sentiment, we are better able to see the forest…
Research Report Excerpt #1 This is not a sell-everything and run for cover moment. It’s mechanical, and if history is any guide, a longer-term opportunity for the bulls that I offered this…
Single-family house prices have been rising at record rates, raising the question of whether they have become disconnected with fundamentals. In October 2021, U.S. home price appreciation reached an annualized pace of…
Research Report Excerpt #1 “How does Jim Cramer of CNBC do so well then?” The short answer to the question above is: He doesn’t! As the tracked data analyzes, for every $1…
Research Report Excerpt #1 A perfect depiction of setup years is recognizable in the table below, which we’ve offered in past reporting: At its “closing” lows on March 14th, the S&P 500 (SPX)…
Research Report Excerpt #1 It may prove counterintuitive to many market participants, but the higher the VIX moves, the better the long-term returns. Having said that, we may have to withstand more…
In the short-run, it’s difficult to see an easy way out of the current geopolitical nightmare. The hopelessness of the day is often a precursor to the promise and eventual brighter, and…
Research Report Excerpt #1 Lastly, we hear a lot of chatter surrounding China and the potential for the CCP to model what Russia is attempting to do with its war on Ukraine.…
Research Report Excerpt #1 Heading into 2022, we understood that the historic potential S&P 500 returns surrounding midterm cycles and Year 2 of Presidential cycles usually deliver higher volatility and lesser returns.…
Research Report Excerpt #1 As detailed since late last year, this is the S&P 500’s fourth longest run without a 10% pullback (~22 months vs. ~1 per year). Since 1980, the S&P…
Research Report Excerpt #1 The data remains our guidepost (S&P 500 forward returns after falling below 200-DMA above table), which was a message also highlighted in Fed chairman Jerome Powell’s press conference…
Research Report Excerpt #1 In order for drawdowns to not become realized losses, sometimes we also have to elongate our time frame. You’ll find that to be the case when markets come…
Fed Funds Rate History The charts below show the targeted fed funds rate changes since 1971. The Federal Open Market Committee (FOMC) didn’t announce its target interest rate after meetings until October 1979. The…
Research Report Excerpt #1 It’s important to respect seasonal patterns/data, but the seasonal data is often best utilized when pared with other quantitative studies/data. When it comes to the January Barometer, this…
For those who have never experienced a bear market before, welcome to the worst of times! Know that for every bear market there is only the probability of a positive outcome, the…
Research Report Excerpt #1 Nonetheless, some variables provide greater force and as such are characterized as force factors. I’m of the opinion, the force factor of the day is monetary policy, the Fed (FOMC). The tweet stream above…
Research Report Excerpt #1 Given that in the lead up to “Volmageddon” in 2018 we got up to 9 days of VIX/SPX rising together, most investors who remember this automatically assign a like-outcome, even…
Research Report Excerpt #1 Since 1928, a great many things have changed in our lives, in the economy, and around the world. There have been many economic shocks, World Wars, epidemics, advances…
The market was hunting for a reason to alleviate the overheated and overextended conditions. Recall just how overheated the market was coming into the week, as depicted by the distance the S&P…
Research Report Excerpt #1 Putting some more context to this past Friday’s price action, with a minor loss in the S&P 500, this was the more probable and even predicted price action…
Research Report Excerpt #1 Over the last twenty-one years, the full month of October has been a solid month for the market. DJIA, S&P 500, NASDAQ, Russell 1000 and Russell 2000 have…
Research Report Excerpt #1 Before we get to that though, recall what Finom Group offered in its most recent weekly State o the Market, and regarding Call and Put Open Interest strikes. First…
Research Report Excerpt #1 Are you trying to make quick returns and trading yourself out of the market, quickly… Or are you refining your long-term process for steady repeatable annual profits? Are you…
Research Report Excerpt #1 What will definitively prove consequential is how an investor reacts or doesn’t react to the seasonal weakness. Does one hunker down, reduce exposure, hedge, pray & hope… or…
Research Report Excerpt #1 There is plenty on the “agenda” (i.e. taxes/infrastructure, debt ceiling, geopolitical concerns, tapering, among others), so we shouldn’t be shocked to see one or more of these issues…
Research Report Excerpt #1 In the above chart, daily data since July 1, 1979 through August 20, 2021 for the Russell 2000 index of smaller companies are divided by the Russell 1000…
Welcome back investors! One week every quarter, Finom Group offers its weekly Research Report freely to the public. This is that week, and hopefully newcomers will discover a wealth of analysis, insights…
Research Report Excerpt #1 In a down week for all major indices, it’s clear that what worked was defensive in nature and what didn’t work for investors was cyclical in nature. This…
Research Report Excerpt #1 Seriously, investing/trading is hard. Nothing worth doing well is easy, and if it’s something we really enjoy or desire to master/perfect we tend to make it more difficult,…
Research Report Excerpt #1 Amazon shares took the biggest hit post-earnings release date. The company missed analysts estimates on the top line, while beating handily on the EPS/bottom line estimate. As I…
Research Report Excerpt #1 Year-end gets nearer with each passing week. Month-end is always a good time to review one’s goals for the year and possibly look at where you proved successful…
Research Report Excerpt #1 The primary trend for the S&P 500 is higher, either due to structure or earnings and presently both are favoring a continuation of the primary, long-term trend. Staying…
Research Report Excerpt #1 The key to a healthy cyclical bull market is consistent market rotations. If everything goes up together, breadth thrusts are inevitable, but so is the likelihood of everything…
Research Report Excerpt #1 This Bloomberg chart was making the rounds this past week. Less than 45% of S&P 500 stocks trading above 50-DMA. The situation comes with the S&P 500 at all time…
Research Report Excerpt #1 With this front of mind, I would suggest that investors not dwell on this past week’s retreat in the markets, even if Friday’s market action culminated with the…
Research Report Excerpt #1 Over my many years of investing and providing a financial market service to investors, I’ve found the perception principle reins supreme amongst investors/traders. It’s often very, very detrimental…
Research Report Excerpt #1 A huge challenge to achieving long-term gains in the market, if not the #1 reason, is the ability to overcome “fears”. The fear emotion is the greatest variable…
Research Report Excerpt #1 All of this standing in place has brought about a significant divergence in the 2010 analogue above. Despite a second down wave during the first 3 days of…
While Finom Group does not offer a full-scale Research Report this particular weekend, we do have some thoughts to outline and through the following charts. The question investors have on their minds,…
The narrative surrounding inflation, or “reflation” as I recognize it to be, is pretty compelling. The financial media does a stand-up job of driving a fearful story that introduces many negative consequences…
Research Report Excerpt #1 Are we on the cusp of another double-digit Nasdaq correction? Anything is possible, and since reaching it’s new all-time high on 4/29/2021 of 14,211, the growth and tech-heavy…
Research Report Excerpt #1 Speaking of Friday’s pullback, Finom Group has identified what may have caused or catalyzed Friday’s downturn, the biggest Permanent Open Market Operation (POMO) of the Fed’s bi-weekly calendar…
Research Report Excerpt #1 Which sector will lead the longer-term trend? Sector and style rotation has remained a dominant theme in 2021, but investors shouldn’t get too bogged down by this debate,…
A boom or bust for the economy and markets? Risky assets will continue to benefit Our top 10 takeaways follow: 1. US growth is entering a boom period with positive spillovers. J.P.…
Research Report Excerpt #1 At the industry level, since the end of March, here is what the healthy rotation has looked like: If there has been a lesson the market has aimed…
Research Report Excerpt #1 The typical April return has been good, but not great. Over the past 10 years, April has been only the eighth-strongest month of the year, with a 0.9%…
Research Report Insight #1 Good stuff Edward and I urge our readers to review what Edward offered about TIME/DURATION and pair it with the following data: We’ve been chatting up the Facebook…
It’s never easy, is it? As an active portfolio manager, trader or investor, it seems as though once we move beyond one obstacle, one fearful market narrative there is another one right…
Over the last couple of weeks, we have made adjustments to guidance and targets in a number of different asset classes including equities and fixed income. We meaningfully increased our expectations for…
Research Report Insight #1 We’ve identified individual stocks in previous Research Reports that we deemed reasonable opportunities, and we understand that many Finom Group members have benefited from such disseminations. Below are…
Research Report Insight #1 Prior to this past week, the S&P 500 had consolidated 4.5% from its peak in January. In February, the S&P 500 began another 4%+ correction and it may…
Where are markets headed as bond yields rise? J.P. Morgan’s Global Research macro views and top cross-asset trade ideas On March 1, J.P. Morgan Research hosted a virtual meeting featuring J.P. Morgan…
Research Report Insight #1 The benchmark index fell ~1% for the month, breaking from the typical seasonal pattern. February is usually a down month for the market and yet, the benchmark index…
Welcome to Finom Group’s weekend data Mash-up at February’s month-end. With one week left in the trading month, the S&P 500 has grappled back all it had lost in January and then…
By Marty Makary of the Wall Street Journal Amid the dire Covid warnings, one crucial fact has been largely ignored: Cases are down 77% over the past six weeks. If a medication slashed…
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…
by Matthew Famiglietti and Carlos Garriga Since the mid-1990s, the Federal Reserve System has either implicitly or explicitly had an annual inflation target (IT) of around 2 percent. The Federal Reserve Open Market Committee’s (FOMC’s)…
Once every quarter, Finom Group releases its weekly Research Report to the public. To receive our Research Reports and State of the Market weekly video going forward, subscribe today. Now, let’s go…
On Monday, SocGen’s equity derivatives team cautioned that in addition to possible “further de-grossing in hedge fund balance sheets,” last week’s events could also “manifest in another pullback from vol sellers.” The…
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…
“There are two types of investors”, according to Bank of America CIO Michael Hartnett: those who want to get rich, and those that want to stay rich. That’s how Hartnett begins his…
A widespread view, especially among sell-side banks, is that the currently high equity volatility as depicted by the VIX is likely to return to more ‘normal’ lower levels (Figure 1). Figure 2…
To study the history of market behaviors and/or performance puts the average investor at an advantage, when compared to the “lone wolf” approach to investing. The markets are more dedicated to disseminating…
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…
There is no shortage of uncertainty as the new year begins, so in an attempt to provide some clarity, we briefly answer some of the key macro questions of 2021. What does…
If asked about possible silver linings to this pandemic, I would list first the chance to spend more time with family. Our son Andrew and his wife and son moved in with…
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…
Byron R. Wien, Vice Chairman together with Joe Zidle, Chief Investment Strategist in the Private Wealth Solutions group at Blackstone, today issued their list of the Ten Surprises of 2021. This is…
The Hazmat Recovery. In response to the worst pandemic in 50 years and a country at war with itself over lockdowns, individual freedoms and election results, the Fed and Congress airdropped 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…
Goldman’s chief economist Jan Hatzius takes a look at what 2020 has taught him about the economy and the practice of economic forecasting, and writes that “at this early stage, we see…
By St. Louis Federal Reserve Bank and David Andolfatto In the second quarter of 2008, U.S. federal debt held by the public totaled about $5.3 trillion, or 35% of gross domestic product…
Once vaccinations start, how quickly can they lower daily new COVID-19 cases: Although the market understands that vaccination will lower daily new cases, the trajectory of the decline remains one of the…
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…
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…
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…
Please click our link to the latest Finom Group YouTube video and subscribe to our channel for future video updates! “There are decades where nothing happens; and there are weeks where decades…
Thanksgiving: Eye on the Market The Armageddonists were not rescued from underperformance purgatory by COVID, and markets are at all time highs again with prospects for further gains in 2021. However, I…
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…
And wouldn’t you know it; the S&P 500 hit an all-time high Monday (3,646) and the strategists followed with upgrades to their macro-outlook and S&P 500 price targets. Isn’t that just always…
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…
As we head into Election Day 2020, the market is seemingly stuck with determining the path it will be taking on the way to its ultimate destination. The destination is higher prices…
Markets can prove difficult to understand, making it that much more difficult to create a strategy for extrapolating profits over time. With the election front of mind for a great many market…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
Remember when simply getting back to 3,000 on the S&P 500 (SPX) would have been a victory for the bulls. Well, that was about 500 points ago, and below where the benchmark…
The email, formal and foreboding, landed at 9:38 a.m. on Monday, March 2. “Can you please call me when you have a second to talk?” the Bridgewater Associates employee asked. The call,…
Over the last 10 trading days, it’s been all the rage to clammer over the weakening market breadth as the markets travel higher. The S&P 500 (SPX) and Nasdaq (COMPQ) have continued…
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…
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 discuss the S&P 500 achieving all-time highs once again and how it…
Remember the bear market? It wasn’t so very long ago and maybe the question is fitting given its short life cycle? Markets have moved at an accelerated pace to the upside since…
The following works come directly from the St. Louis Federal Reserve website of Research Reports and authored by Board of Governors and the St. Louis Federal Reserve members. For the original works…
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…
After another green day on Monday, with S&P 500 (SPX) finishing the day that much closer to a record closing high and the Russell 2000 (RUT – small caps) leading markets higher,…
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…
Another day on Wall Street meant another day of equity market gains, while Bonds also continue to rally and with yields moving ever-lower. It seems a paradox and concerning to many, but…
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 Weekly Must Know macro and technical analysis. Our weekly…
It has already proven a rather choppy start to the trading week, with the S&P 500 (SPX) rallying on Monday and the Nasdaq (NDX) bouncing sharply. On Tuesday, however, all major averages…
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…
After a 20+ point gain and new bear-to-bull market high for the S&P 500 on Monday, the benchmark index tacked on another 5 points Tuesday. During the 2-day rally it didn’t prove…
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…
On Monday, and with the mega-tech FAANMG stocks coming under significant pressure, the equity markets performed a major reversal intraday. The S&P 500 achieved a new, post-bear market and new bull market…
For a long time, I used to read Reminiscences of a Stock Operator almost every year. I don’t do that anymore, not because I find its lessons dated, but because I had it almost…
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…
While the rise in new, positive Covid-19 cases continue, the S&P 500 (SPX) has hinted at the potential of re-testing the bear-to-new bull market highs. Both of these benchmarks are on the…
I haven’t written an article like this one in the past, so bear with me here folks. This is the type of article that many would characterize as a “public service announcement”…
Authored by Chetan Ahya, Chief Economist and Global Head of Economics at Morgan Stanley Will the V Disrupt the V? We received a stark reminder this week that the fight against COVID-19…
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…
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 discuss how we got to this point in the S&P 500’s…
Stocks closed higher for a 2nd day in a row, as better than expected manufacturing and services sector data out of Europe helped to support the market. U.S. Markit manufacturing and services…
Markets were lifted higher on Monday despite some of the fears surrounding the rise in new COVID-19 cases over the course of the previous week. The S&P 500 (SPX) rose 20 points…
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…
The background is well known to all. On February 19, the U.S. stock market hit a new all-time high, with the S&P 500 reaching 3,386. Then investors began to price in the…
Article originally published on Financial Times. It was hailed as a breakthrough vaccine for dengue fever, a neglected tropical disease that kills about 20,000 people each year. Dengvaxia, made by Sanofi Pasteur,…
That was quite the trading on Monday, now wasn’t it. The daily trading activity started in much the anticipated manner as one might expect, given some of the bearishness in market momentum…
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…
After another strong rally on Wall Street Monday, equity markets are in retreat early Tuesday morning and expressing the early signs of consolidating gains. This is something we’ve heralded for a couple…
As daily protests/marches/demonstrations continue, the equity markets also continue to trend higher. On Tuesday, the S&P 500 (SPX) added to it’s record setting bounce off of the March 23r lows by tacking…
Over the last couple of weeks, we’ve been able to compile and discern all the characteristics of a bear market that was on a path to reinstalling a bull market. The key…
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…
Almost to the penny, and then the intraday reversal sparked by yet another late-day headline of seemingly consequence. Something not quite right with that sentence structure, but you get what I’m trying…
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…
Going into Tuesday’s trading session, the S&P 500 had some momentum to continue its run at the 2,998 level, representing the benchmark indexes 200-DMA. Achieving this level with some 85% of stocks…
Global equity markets soared on Monday as headlines surrounding Moderna’s phase-1 trial results for a COVID-19 vaccine proved promising. J.P. Morgan’s Biotech analysts offered there reaction and analysis to clients in a…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
Another rough session on Wall Street Tuesday, which is otherwise known as “turn around Tuesday”. Unfortunately, there was no “turn around”, as crude oil continued its route to the downside on Tuesday,…
I was told the market could only go higher! Obviously this would never be the case and after one of the strongest rallies in history, the S&P 500 (SPX) should be expected…
As we enter a new trading week, investors awaken to an absolute demolishment of the crude oil market, with the price per barrel down some 23% in the 6:00 a.m. EST hour.…
There are no proven treatments or vaccines for the novel coronavirus which has sickened more than two million people world-wide and killed nearly 150,000 people, but remdesivir is considered a front-runner in…
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. The password for the SOTM is: B9+09uk! (Must use password) We have achieved the…
It’s often the case that price action can translate and transform into investor sentiment. When the market is going up, things must be getting better and when the market is going down,…
WRITTEN BY VICKY REDWOOD of Capital Economics There is no doubting that governments have generally pulled out all the stops in announcing big fiscal stimulus programmes. But announcing them is one thing;…
As investors awaken to another week of trading, they do so with a pretty strong relief rally capping off the previous week. And it wasn’t just a strong week, it was the…
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. We are achieving the turning point in the COVID-19 saga as the peak of…
The rally and close above 2,700 that never was, at least that is probably the best way to describe the S&P 500’s (SPX) action on Tuesday. The benchmark index was up more…
There are many things that we know about markets. Probably the most basic and understood truism of the markets is that they have a propensity to price in future expectations, they are…
BY THE REAL HEISENBERG APRIL 5, 2020 Over the course of the last three months, the world was reminded that when it comes to outbreaks (and especially epidemics and pandemics), it’s nearly impossible…
Goldman Sachs: The article below is from our BRIEFINGS newsletter of 31 March 2020 More than two months after imposing quarantines to battle the COVID-19 epidemic, China is on the economic road…
Howard Stanley Marks (born April 23, 1946) is an American investor and writer. He is the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide. In 2019, with a net worth…
It was a rather volatile day for traders Tuesday, which “turned” out to live up to its “trade name”, Turn Around Tuesday. From Monday’s exuberance to Tuesday’s doldrums, implied volatility rolled lower…
If you are bullish on markets near-term, Monday’s market action likely increased your bullishness. The major indices all rose more than 3%, led by the tech-heavy Nasdaq (NDX), which is something we…
Today’s Daily Market Dispatch is a condensed version of our weekly Research Report (Published Sundays). If you appreciate the analysis, articulations and detailed content, upgrade to our Contributor Membership level and access…
Services get pummelled in March; worse is to come Global Economics Update 24 March 2020 WRITTEN BY SIMON MACADAM The March Flash PMIs for advanced economies were dreadful. The composite PMI for…
A “buy everything rally” ensued on Tuesday, which is known as “turn around Tuesday and which has held true of late. The past 3 Tuesdays the S&P 500 (SPX) has closed up…
If you just looked at the closing prices for the major averages on Monday, you might have overlooked the significance in the headlines that surfaced before the market opened that day. The…
The present day economic and equity market situation is one concerning “when, not if“. It’s the when that we tend to pontificate and concern ourselves with the greatest. What do I mean;…
Another week has passed since the bear market began only a couple of weeks ago and the market seemingly fails to achieve a bottom, but rather easily finds new lows. As of…
By Jennifer Calfas, Margherita Stancati and Chuin-Wei Yap Updated March 19, 2020 11:54 pm ET California ordered its 40 million residents to stay at home except for essential activities beginning Thursday night in the…
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. COVID-19 continues to plague markets and has taken the economy as a prisoner until…
Wall Street Journal: By Micah Maidenberg, Chip Cutter and Rachel Feintzeig Employers are cutting shifts, suspending work and starting to lay off workers as the new coronavirus devastates business across the country. Companies from restaurant…
Equity markets rebounded Tuesday and what has been the trending, up 1 day and down the next day routine. The S&P 500 (SPX) expressed another turn around Tuesday by rising roughly 6%…
Over the weekend the Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates to essentially zero and launched…
Things are getting ugly and policymakers are swinging into action. We now find ourselves in the extraordinary position that interest rates in the US, euro-zone, Japan and the UK have now returned…
This article appeared first in the Wall Street Journal by Nick Timiraos Updated March 15, 2020 5:03 pm ET The Federal Reserve slashed its benchmark interest rate to near zero on Sunday…
A quick Finom Group housekeeping note: Due to travel engagements this coming weekend, we will be foregoing our weekly Research Report this weekend and be back on schedule in the following week.…
It was the worst day for the market since 2008 and a day that wiped out the gains from the last 12 months. Keep that in mind… the last 12 months. When…
“A collapse in stock markets, co-ordinated policy statements and emergency interest rate cuts: the events of the past week have inevitably led to comparisons to October 2008. But the differences are as…
By Alexander Osipovich March 5, 2020 6:00 am ET Trading conditions have sharply deteriorated in a popular vehicle for betting on swings in the S&P 500, exacerbating the volatility in the stock…
After investor optimism that supported the largest 1-Day rise in the Dow Jones Industrial Average (DJIA) on Monday and with all major averages rallying sharply, “turn around Tuesday” took on a new…
It’s never advisable to short the market when it’s known that central banks are likely to respond to perceived exogenous economic shocks. Friday’s S&P 500 lows are a perfect example of such…
This article first appeared in the Wall Street Journal Updated Feb. 28, 2020 5:11 pm ET The coronavirus has sent markets tumbling, as its ramifications to a swath of businesses and industries becomes…
Falls in equity prices and bond yields so far this week reflect fears that coronavirus cases outside China will mark the start of a wider outbreak that deals a blow to the…
Twas another rough day on Wall Street as U.S. indices fell by another 3%+ and as coronavirus fears spread. In the early morning hours, futures were pointed to a higher open for…
Monday was one of those days that test the resolve of many traders/investors. The major averages fell by roughly 3.5% or worse, with the S&P 500 (SPX) tumbling some 3.35% on the…
This article first appeared at The Wall Street Journal ByChuin-Wei Yap and Jon EmontUpdated Feb. 23, 2020 12:22 pm ET HONG KONG—The last time a coronavirus outbreak hit China in 2003, the global economy…
This article originally appeared in the Wall Street Journal: By Betsy McKay: Updated Feb. 22, 2020 10:06 am ET Concern is high about a dangerous new coronavirus behind an epidemic in China…
Two days after Apple (AAPL) warned on Q2 2020 revenues, the markets seem to have dismissed even this sizable warning and replaced fears of an earnings recession with record highs. The Nasdaq…
It wasn’t quite the landslide for equities on Tuesday one might have assumed after Monday’s pivotal announcement from a key handset provider warned on revenues. And that handset provider was of course……
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. Two weeks ago we believed a corrective period would commence due to overbought conditions…
In our daily market dispatch article on Tuesday, Finom Group recognized weakness underneath the hood of the major averages, notably the S&P 500 (SPX) and Nasdaq (NDX). While the major averages once…
In all my 22 years of investing and following markets both domestically and abroad, I’ve not come across this many perplexed market participants, and why. Markets have been sending a number of…
After Monday’s bounce back in the major averages, Tuesday served to turn up the heat on the bears as investors sought to recoup that which had been lost and then some. At…
In the Iowa Primary Monday night, we have a wi… well we don’t have a winner just yet, and the equity markets seem to rather enjoy the ambiguity surrounding the “situation”. We…
Every couple of months, when we believe we can add value for our Basic Membership readers, we offer a redacted version of our weekly Research Report. There is presently a good deal…
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. The potential beginnings of a market pullback that began last week continued into and…
On Wednesday, and heading into the FOMC rate announcement, the S&P 500 (SPX) was near its high of the session. Once the press conference commenced, however, the mood on Wall Street shifted…
Apple Supply Chain Braces for Disruption From Coronavirus By Mark Gurman and Debby WuJanuary 28, 2020, 12:01 AM EST Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday…
Pretty much what we expected from the market on Monday, pretty much what we expected. In our weekly Research Report, Finom Group alerted subscribers to the likelihood of markets continuing their retreat…
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. The potential beginnings of a market pullback are afoot with the S&P 500 falling…
In a holiday shortened trading week, investors began trading with markets under pressure Tuesday, ahead of quarterly reports from the likes of Netflix (NFLX) and IBM (IBM). When it was all said…
It was another strong week for the major averages. The S&P 500 (SPX) closed the second week of 2020 with another record high, closing at 3329.62. The index is up 3.06% already…
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 2020, markets continue there seemingly endless melt-up. We all know that when valuations…
Was the phase-1 U.S./China deal a good deal or a bad deal? Mr. Market hasn’t cared about a deal through all of 2019, which gets overlooked by a great many investors/traders. The…
If you thought markets were still frothy heading into the first trading day of the week, that sentiment only grew on Monday as the S&P 500 found itself with yet another record-level…
As we journey forward, into another trading week ahead, we encourage investors to digest one simple truth when it comes to markets and investing: “Intelligent investors understand the importance of planning for…
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 2020, markets continue there seemingly endless melt-up. We all know that when valuations…
The first 5 trading days of the year are now in the book. CNBC wrote an article about it, to set the stage for what investors might expect given the first 5…
While it wasn’t “bombs over Baghdad“, there was certainly an Iranian retaliation against the U.S. and its installments in Iraq Tuesday evening. Iran launched more than a dozen ballistic missiles against multiple…
After beginning the trading session on the lows Monday and for the first full trading week of the New Year, the major averages rallied throughout the day and to finish at the…
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 2020, we are already confronted with a new geopolitical event as the U.S./Iran…
If only every year was like 2019 for the S&P 500 (SPX). For the year, the benchmark index failed to achieve a 30% gain, but most investors are rather satisfied with the…
Sometimes, a market in retreat is a good thing, warranted and even desired. I would suggest that all these descriptive terms characterize present market conditions based on several factors, but more prominently…
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. We are in the midst of a full-blown, melt-up, Santa Claus rally into year-end…
Once again and with the defined Santa Claus rally in full effect, the major averages finished higher on Monday. The Dow Jones Industrial Average (DJIA) led the way with a gain of…
The following is an excerpt from our December 15, 2019 Research Report: “With market breadth/internals still found with strength and now the most impactful binary event having been tranquilized, so to speak,…
Welcome to this week’s State of the Markets with Wayne Nelson, Seth Golden and our special interview guest Michael Listman. Please click the following link to review the SOTM video/interview. This week we had the pleasure of interviewing…
This article first appeared at Wall Street Journal: By Gunjan Banerji Updated Dec. 18, 2019 4:19 pm ET Options traders are paying up for bets that would profit if the S&P 500’s…
Before we get started with today’s daily market dispatch, I wanted to remind our readers about something we discussed in the Finom Group Trading Room on Tuesday. The following chart from Tom…
What happens when the threat from the ongoing trade war abates? Naturally, the melt-up ensues. This is not to discount the the surge in the S&P 500 since October, but rather to…
The trading week that was ended in a manner that many may have not anticipated. As we read this week’s Research Report, we can’t help but to recall the setup for the…
U.S. options skew on the S&P 500 has been rising recently, and a recent close of 136.6 is actually higher than at any point during last December’s stock meltdown. A refresher on what…
Markets got off to a rough start in the pre-market trading hours on Tuesday and after a down day Monday. But then headlines surfaced that pointed to delaying the December 15th tariffs.…
U.S. equity markets are in distribution and/or de-risk mode ahead of the December 15th tariff deadline. While the financial news media outlets march out various opinions and forward-looking analysis for the markets…
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. This week we discuss the upcoming risks to the coming trading week, which will…
Equity markets bounced back sharply on Wednesday and after three consecutive trading sessions found with selling pressure. The S&P 500 (SPX) managed to reclaim, hold above and close above the key 3,100…
The weekly expected move for the S&P 500 this week is $37/points. The S&P 500 has now fallen for 3 consecutive days and with media headlines blaming the decline on U.S./China negoitations…
The S&P 500 (SPX) hasn’t been down more than 0.7% on the first trading day of December since 2008. And then came December 2019, whereby the benchmark index fell by more than…
The record rally on Wall Street moves closer to Thanksgiving day as a fear of missing out (“FOMO”) may be creeping into the market. All major indices finished higher and with the…
Another record setting day on Wall Street to start a holiday shortened trading week. The Dow (DJIA) ended the day above its previous closing high of 28,036.22 set Nov. 18, the S&P…
Finom Group wants to take this opportunity to wish everyone a festive and safe Holiday season, spent with friends and family. We hope to see you back here, taking part in our…
Equities took a step back on Tuesday and after another negative trade headline surfaced. On Wednesday, Reuters reported that a phase-one agreement between the U.S. and China may not be completed until…
Coming into Wednesday’s trading session on Wall Street, equity futures are pointed lower as media outlets seek out find a geopolitical story of consequence. With the U.S. and China engaged in trade…
After another modest gain for the major indices on Monday, equity futures are pointing higher. Trade headlines found investors grappling with mixed messages coming from media outlets, for which we wouldn’t certify…
After 3 complete trading days for the week, the S&P 500 has accomplished… basically nothing in terms of points. After breaking above the record achieving 3,100-level, the index has basically retreated to…
The S&P 500 came, saw and went just beyond 3,100 before finishing the trading day just 5 points higher on Tuesday. Will the 3,100 achievement prove the blow-off-top moment for the benchmark…
It proved a bit of a rocky trading session on Monday, with the major averages rolling back some of their gains through much of the morning. But then came an afternoon market…
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 discuss the the 5-week long S&P 500 rally to…
It was another uneventful day in the markets, with the Dow Jones Industrial Average (DJIA) completely flat on the day, the Nasdaq (NDX) falling nearly .3% and the S&P 500 (SPX) rising…
U.S. equity markets were little changed on Tuesday and after the S&P 500 hit yet another record high at 3,085 intraday. The S&P 500 has hit a new record high each November…
More record highs for the S&P 500 were set Monday and those record highs came alongside varied opinions on the market’s performance for the remainder of the calendar year. The bulls are…
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 discuss the best 6 months of the year…
If someone had asked you on Tuesday, “Do you think the market will finish at the highs of the trading day”, what would you have said in response? And why are we…
Unless you were watching the tech-heavy Nasdaq (NDX) or the small cap Russell 2000 (RUT)… or Grubhub (GRUB), nothing happened in the market on Tuesday. Volume was extremely light again on what…
The breakout investors have all been waiting for has occurred with a new record high on the S&P 500 (SPX) and Nasdaq (NDX). The S&P 500 new high now resides at 3,044…
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 discuss October markets and nearly touching the former…
Chop, chop, chop…, no better way to describe the last 2 trading days on Wall street as the S&P 500 (SPX) finds itself with sputtering above the 3,000-level and during the peak…
Doing well, doing well, doing well, doing well… and then…It’s all fun and games until the flows stop flowing and the earnings start missing estimates. It proved quite the choppy day on…
The trading week has started more positively than the last and with small caps bridging the lagging gap between large caps, as the Russell 2000 (RUT) proved the outperformer on Monday. The…
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 discuss October markets. Our dialogue this week…
The S&P 500 (SPX) is only about 1.5% away from its all-time high, so everyone must be a winner right? Not exactly! If we look at the historic performance record and positioning…
Did you see that coming? It was quite the rally on Wall Street Tuesday, the first trading day after the Columbus Day holiday. With the bond market back up and running and…
One of the more “confined/restrained” market performance days I’ve seen in recent history. The S&P 500 (SPX) fell slightly and alongside its peer indices on Monday, after futures were pointing much higher.…
Were you paying attention to the headlines in the after hours trading session on Wednesday? If the answer is no, you’re probably no worse off and as multiple, conflicting trade headlines proliferated…
Additions to the Commerce Department’s blacklist, announced visa restrictions on Chinese government and Communist Party officials who are believed to be involved in abuse of Uighurs and other Muslim minority groups in…
Ahead of the Thursday resumption of U.S./China trade talks, it seems both parties are doing their best to impede progress toward some sort of deescalation in the 15-month trade feud. The U.S.…
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 the craziness that comes with October markets. While the economic data is supportive…
If you thought Tuesday was a somber day in the markets, Wednesday performed that much worse and with the S&P 500 falling another 1.8 percent. The benchmark index broke down and through…
Can we extrapolate any positives from a sharp decline in the S&P 500 (SPX) and peer indices on Tuesday? I ask that question given how far ranging and polarizing market participant views…
Out with September and in with October. Our recency bias might suggest that September was a rough month, but it was only in the final trading week that the S&P 500 (SPX)…
“In order to know where we’re going, you need to know where you’ve been.” This quote by Maya Angelou is no less important to investors as they look forward to another trading…
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 the domestic political strifes that are overflowing into the equity markets. While the…
The only sample size smaller than two is obviously one, but that’s how many times the stock market has combatted an impeachment, inquiry or otherwise. And with the headlines buzzing on the…
And then the market got itself a’going! Tuesday was a jam-packed day of headlines that began with comments out of the United Nations General Assembly. Speaking to the U.N. General Assembly in…
What drove markets on Monday? Apparently nothing, as all 3 major U.S. indices finished just about flat for the day. It was if the trading day never took place if one looks…
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video. Our emphasis in this week’s SOTM video concerns the latest FOMC rate cut announcement and what we might expect…
While Wednesday’s FOMC rate cut announcement stole the spotlight from other data points and prognostications, there was certainly a lot going on for investors to digest or brush off. Between the Bank…
The first trading day post the Saudi Arabia oil field bombings and speculative production slowdown pushed crude oil future (CLF) prices up roughly 15%, with equity prices moving lower Monday. Crude closed…
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video. Our emphasis in this week’s SOTM video concerns the 3-week rally in the major averages that has been characterized…
In Finom Group’s weekly Research Report, our summation was that the bull market should carry forward, absent any exogenous shocks to the economy and or market. Here is what we offered to…
It has been kind of a “funky” trading week thus far and after 2 straight weeks of strong dip buying activity. With the first 2 trading days of the week completed and…
Earlier this year, Deutsche bank released a chart, a proposal if you will. Why is it a proposal, we’ll get to that in a moment. One of the things we aim to…
Good evening traders/investors. With the S&P 500 breakout of the recent box pattern and closing above the 50-DMA for the first time since August 1, 2019. The following chart identifies not just…
Geopolitical headlines have tilted in favor of the bulls after a month long bearish salting through August. Remember, the S&P 500 was down over 1.5% for the month of August as Hong…
Geopolitical exogenous events continue to rattle markets and are creeping into the macro-fundamentals by way of economic data. U.S. equity markets were set to open lower on Tuesday and after the elongated…
After a sharp drop for stocks at the opening of trade Wednesday, U.S. equities rally more sharply through the remainder of the trading day and took back all that it had lost…
Markets went on another wild ride on Tuesday with the S&P 500 (SPX) opening higher and trading higher in the first half hour of the day by as much as 20 points.…
Global and domestic markets went on a roller coaster ride from Sunday night through Monday’s U.S. trading session. Headlines coming from the G-7 summit stated that the U.S. received multiple calls from…
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video . Our emphasis in this week’s SOTM video concerns the geopolitical issues around trade, underlying economic data that gathers less…
The yield curve inverted again on Wednesday, shortly after the FOMC minutes for July were released. Equity markets, however, were able to shrug it off with all three major indices rallying just…
To reiterate, the VIX is above 16 and as such investors/traders should expect to see 1% daily moves in the S&P 500 (SPX)… at least. Tuesday found equities moving down, then up,…
Monday picked up right where last Friday left off with bond yields and equities both moving higher. The S&P 500 (SPX) rose 1.2% on the day or nearly 35 points. The benchmark…
Ya’ll ready for another rip roaring week in the markets? After some wild daily swings in the previous trading week, the S&P 500 (SPX) ultimately decline just over 1% while also greatly…
The story of the week: U.S. 2-year by 10-year Treasury yield inversion signals a recession on the horizon. Of course, on the horizon is a subjective forecast bringing about a litany of…
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video . Our emphasis in this week’s SOTM video concerns the overextended bond market rally and potential consequences that could create…
“It’s all fun and games until someone gets hurt.” We all remember hearing that as kids, but that mainly concerned horseplay and wrestling with our peers and/siblings. Today and in the financial…
Equity markets fall, equity markets rise… and round and round we go with trade headlines proving to stimulate and deflate markets with each passing week. On Tuesday, and following a greater than…
Although the S&P 500 (SPX) has fallen sharply, by more than 1%, on two consecutive Mondays, there is a silver lining to glean from all the selling pressure. U.S. equities have remained…
At its worst levels of the day on Wednesday, the Dow (DJIA) was down some 550+ points, the Nasdaq (NDX) was down some 120+ points and the S&P 500 (SPX) had fallen…
On the surface, Tuesday’s bounce-back, market rally looks promising and proposed a respite from the extreme selling pressure on Monday. Underneath and adjacent the equity market rally, however, caution is being expressed…
Coming into the trading week, Finom Group was of the opinion that last week’s 3%+ drop in the S&P 500 (SPX) was not without more selling pressure near-term. The geopolitical discourse/tensions have…
You wanted a rate cut, well you got it! And with that 25 bps rate cut you got an even stronger U.S. Dollar (DXY), pushing upwards of $98.80 and a flattening at…
Ahead of Apple’s (AAPL) earnings results and the FOMC rate announcement, troubling Brexit concerns mounted on Tuesday and found the Eurozone indices tumbling. The German (DAX) led the way lower, down more…
The Dow Jones Industrial Average (DJIA), boosted by shares of Apple Inc. (AAPL) was the only of the the 3 major indices finishing in the green on Monday. Investors are preparing for…
It was a mixed bag of index performances on Wall Street Wednesday. And for a change, the political or above board macro nonsense didn’t seem to impact the major averages as much…
Please review our latest in a series of investor/analyst/advisor/wealth management interviews. David Model is an experienced investor and market researcher whom specializes in various sectors of the financial and economic system. His…
What’s the difference between Monday’s modest rally in the S&P 500 and the nearly .70% or 20 point rally on Tuesday; reiterating and detailing the reasons for U.S. trade delegates traveling to…
While no easing or resolution to the rising tensions between the U.S. and Iran have been revealed over the weekend, Wall Street found itself rebounding on Monday. The major indices followed the…
Equity markets took a deeper dive on Wednesday as earnings season rolled forward. Bank of America Merrill Lynch (BAC) shares finished with a gain Wednesday, as the bank lowered its full-year outlook…
Equities finished lower on Tuesday with the Nasdaq (NDX) leading the way lower as Federal probes and Congressional hearings spur headlines surrounding Facebook’s latest product development in the crypto currency realm. Those…
Until the market finally pulls back lower, the permabear camp will look for anything and everything to dupe investors into believing the end is near. Kevin Smith of Crescat Capital, an infamous…
It was a banner day for the S&P 500 (SPX) on Wednesday with Fed chairman Jerome Powell serving up the FOMC’s monetary policy testimony before a Congressional Committee. At 8:30 a.m. EST.…
On Tuesday, the major averages started the day in the red and rallied higher throughout the trading session. The uncertainty that resounded ahead of Jerome Powell’s testimony before congress seemed to fade…
With each passing day we edge closer to the all-important earnings season, the markets extraordinary rally comes into question and as earnings are expected to decline for the Q2 2019 period. A…
Welcome to this week’s State of the Market. Please click the following link to review the SOTM video . With the S&P 500 near all-time highs in early July 2019, earnings season lay just ahead…
On Tuesday, the markets picked up where they left off in most every asset class but energy, as crude prices tumbled Tuesday to finish the session below $57 a barrel. The roughly…
There’s no secret as to what proved to move markets Monday as we continue through this holiday shortened trading week, U.S./China trade truce. But for those who don’t study the S&P 500…
Where U.S. Treasury Secretary Steve Mnuchin left positive comments on the U.S./China trade feud Wednesday, China picked up the ball and ran with it. With the U.S. President in travels to Osaka,…
With the G-20 Summit still hovering above the markets and economy, UBS’ global head of economic research Arend Kapteyn suggests that the globe is “one step away” from recession. While escalation isn’t…
U.S. equity markets were up, down and all around on Monday with only the Dow proving capable of holding any gains on the day. Commodities actually were the biggest gainers on Monday…
Now that the FOMC meeting is out of the way…but is it really? The event risk is clearly out of the way, but to be sure, the FOMC is more so a…
It’s finally here folks. The FOMC will announce its rate decision and hold its press conference after the release of the FOMC statement, at 2:30 p.m. EST. This FOMC day like previous…
Certainly we’ve all heard the term, “don’t fight the Fed”? As we enter rate decision and future rate forecasting week, the theme and terminology will loom large overhead the markets around the…
Welcome to our second in a series of interviews with financial market participants, analysts, economists and more. Finom Group’s second interview is with Matt and Mike Thompson/CFAs, of Thompson Capital Management. Please…
After a torrid start to the month of June, equities have cooled off a bit with Crude and Brent oil failing to find a solid floor and bond yields seesawing. In fact,…
The following screenshot depicts just how quickly the economic situation can change with an equity market near it’s top and as a major correction takes place, only to be followed by a…
Who believes in the latest equity market rally? After a month-long, near 7% S&P 500 drawdown/decline, the benchmark index has roared back nearly 4.5% in about 6 trading sessions. But what augers…
Welcome to our first in a series of interview with financial market participants, analysts, economists and more. Finom Group’s first interview is with Andrew Thrasher CMT, of Thrasher Analytics Please click the…
After the S&P 500 fell nearly 7% from its all-time high, Tuesday’s snapback rally might find investors more upbeat about putting capital back to work. Tuesday found all the major indices higher…
Monday proved a rather volatile trading day, but one would not have truly recognized how volatile it was by simply reviewing the end result in the major indices. The Dow Jones Industrial…
Welcome to this weeks rendition of State of the Markets with Seth Golden and Wayne Nelson. Please click the following link to review the video that runs 1.10hr in duration. Feel free…
Bit of a rough trading session for investors on Wednesday, as the hope of some relief hangs in the wings with U.S. equity futures pointing to a modestly higher open on Thursday,…
Equity markets are responding as one might expect given the flight to safety as perceived by the recent bid in treasury markets around the globe. On Tuesday, bonds took a significant leg…
Without a recognizable and verifiable path forward for U.S./China trade talks, the narrative is quickly shifting toward a “no deal” outcome. Bond yields are, however, recognizably lower on Tuesday and after a…
Welcome to another weekly State of the Markets video where Wayne Nelson and Seth Golden discuss all aspects of the macro and micro environment that reflects in the equity and debt markets.…
U.S. equity markets rebounded from their Friday’s losses in a big way, led by the Nasdaq (NDX) that was higher by just over 1% on the trading day. With Google and the…
Equity markets were sent reeling, once again, Monday as trade war concerns and their impact on global growth moved to the forefront once again. What spurred the latest fears was the following…
Welcome to our weekly State of the Markets video where Seth Golden and Wayne Nelson discuss all aspects of the market, from the macro to the micro. Please click the link to review the…
A rather unexpected scenario presented itself for investors on Tuesday, a relaxing of trade feuds and tariff expectations. It was previously anticipated that the U.S. would be making a decision on EU…
Equities bounced back on Tuesday after a 2%+ loss on Monday, as trade talks still appear in play between the two largest economies. But the rally fizzled in the final hour of…
How deep with the current market pullback become? That’s the question on many investor/traders’ minds as a 5% S&P 500 (SPX) has taken place under the premise of trade feud escalations. Both…
Investors simply aren’t willing to go out on the risk curve with risky assets (stocks) presently and with a very binary outcome anticipated from U.S./China trade talks set to commence Thursday. This…
Tempted to buy this dip? Presently the risk/reward scenario does not suggest doing so. Over the past 48 hours, there has been a significant sentiment shift in the marketplace and amongst investors…
The major averages went on a wild ride Monday, kicking off what may prove to be the start of increased market volatility given the headlines surrounding U.S./China trade. President Donald Trump’s Sunday…
Yesterday’s economic data was once again the highlight of the trading day. Now before you get all “up in arms”, that was just a joke. Of course the highlight of Wednesday’s trading…
The economic data continues to slant more positively for most aspects of the economy, shy of manufacturing. While the Chicago PMI data proved to weaken in March, it is a much smaller…
The S&P 500 indeed set a new record closing high and all-time intraday high on Monday. It’s different this time because it’s different every time, otherwise we’d have a more colloquial phrasing…
The last time the S&P 500 achieved a record high was in September of 2018, which is before the most recent new high. After more than seven months, the S&P 500 Index…
It’s not often that you’re able to witness a brutal interview of an analyst who was formerly glorified in the financial media for his/her former calls which were accurate… kind of. Morgan…
In reviewing the year-to-date major indices rally, I can’t help but to think that many, many investors have suffered from being captive of the moment and missing the big picture. Being captive…
Coming into the final trading day of the week, U.S. equity futures are setting up for a lower open on Wall Street and ahead of Good Friday. All 3 major averages fell…
If you were concerned for the economic data to be released by China overnight, color yourself in the same camp as many investors. But for all of the concern, China managed to…
Remember all the way back in January 2019 all the calls for a retest of the lows from December 2018? With each passing month since, those calls have faded into the misty…
Defining What We Mean By Liquidity “Liquidity” is a word that is used to mean different things in different contexts. There is accounting liquidity, and market liquidity, and systemic macro liquidity. But…
Welcome to our weekly State of the Markets (SOTM) video analysis. Within this week’s episode we discuss all macor-fundamentals surrounding the economy to better understand where the equity markets may be heading…
It was another uneven trading day on Wednesday, but all 3 major averages finished in the green, led by the Nasdaq (NDX), which was higher by nearly .7% on the day. One…
Equity markets fell on Tuesday with the S&P 500 (SPX) halting an 8-day winning streak. The Dow Jones Industrial Average (DJIA) led its peer indices to the downside with a 190-point slide…
If you haven’t heard by now, the S&P 500 (SPX) is riding an 8-day winning streak, the longest in over a year. The Dow Jones Industrial Average (DJIA) was the lone decliner…
Good morning and welcome to another trading week that is expected to be rather subdued, but as we know, on any given trading day… anything can happen. With that being said, here…
Welcome to this week’s State of the Markets video discussion centered on the equity markets. Please click the link provided to review the video discussion between Seth Golden and Wayne Nelson where…
It’s now or never. At least that was how Nomura’s Charlie McElligott characterized the potential for a market decline last Thursday for clients. Having previously warned about the “pullback window”, McElligott now…
While the Dow Jones Industrial Average (DJIA) took a breather on Tuesday, falling .3%, the Nasdaq (NDX) rose by .25% and apparently nobody showed up for the S&P 500 (SPX) or its…
Global equities found a sharp risk-on rally as rounds of economic data from China and the United States positively spurred investor sentiment. After a marked improvement in China’s PMI data, the U.S.…
Welcome to our weekly edition of State of the Markets. Please click the following link to review our take on what is moving the markets and what to expect within the context…
Everyone and I do mean everyone has their eyes, ears and whatever other body part tuned into the bond yield curve (YC). The following intraday chart identifies the movement of the S&P…
Some lackluster days in the equity markets, roiled to some degree by concerns over the bond yield curve inverting (3-month/10-year), found investor appetite once again. Equity markets surged on Tuesday, with the…
After a bond market panic that pervaded equity markets on Friday, the rather flat performance for U.S. equity markets on Monday was a welcome site to many on Wall Street. The Dow…
It’s not for a lack of effort, but the S&P 500 has only been up on 1 of the 9 FOMC days during Powell’s rein over the Committee. Initially, and traditionally some…
It’s that time again, FOMC rate hike announcement day. While there is almost no probability of a rate hike today, the more consequential press conference and dot plot will likely sway investors’…
Are equities about to fall from grace after a seemingly prolonged rally? If you ask two prominent analysts, they seem to believe “the end is near”. The S&P 500 has extended its…
Welcome to this weeks rendition of State of the Markets with Wayne and Seth. Please click the link to review the video, which is one hour in duration. Outline Introduction to SOTM…
Past the midway point in the trading week and the major averages have bounced back from consistent selling in the previous week and what many thought may prove a period of continued…
Some things never change. That’s why they call them permabears! Jeffrey Gundlach was available and ready to declare, yet again, his bear market call and characterization of the market. It’s an annual…
After 5 consecutive days of declining markets, the major averages fought back with the strongest breadth since January 4th. The Nasdaq (NDX) led the indices with a 2% rally and the S&P…
The S&P 500 finished lower for 5 consecutive days and after achieving resistance around the 2,800 level. This is the 6th, 5-day losing streak for the S&P 500 since the US election…
Welcome to this week’s edition of State of the Markets with Seth and Wayne. Please click the link to review the video where we discuss all facets of the daily and weekly…
Wall Street is in the midst of shedding some of its overbought conditions that have persisted in the prior two weeks. The major averages have been lower for the totality of the…
Try as it may, the major averages couldn’t escape the clutches of Boeing (BA) once again on Tuesday. The most heavily, price-weighted stock on the Dow Jones Industrial Average (DJIA) meandered in…
It was a tumultuous day in the market Monday, even as the framework for a U.S./China trade deal appears to be coming together. Negotiations are in the “final stages” as the two…
Leading up to the Friday trading session, the markets appeared to be expressing exhaustion and have been with overbought conditions for the better part of the last 10 trading sessions. Nonetheless, the…
Happy weekend to all and we hope you enjoy and find value in our weekend update that includes our daily Technical Market Recap with Wayne Nelson. Before we get to that, however,…
Heading into the weekend the markets have awakened in the early Friday hours and ahead of the opening bell on Wall Street. Asian Markets traded sharply higher overnight and the activity has…
For 3 straight trading sessions, the major averages have sold lower into the closing bell. This is in contrast to the 9-week rally prior to the final week of February. One thing…
Try as it may, the S&P 500 is finding it difficult to stay above that critical 2,800 level. In Tuesday’s trading session, the benchmark index made another run above 2,800 intraday, but…
It was a huge day of VIX trading on Monday with VIX options and futures volume soaring. The bottom line is that hedging programs were deployed on scale given the relative low…
Welcome to Finom Group’s technical market recap! In this weekend’s release, we run through Friday’s market activity with great commentary and analysis from our very own Wayne Nelson. Please click on the…
Welcome to this weekly edition of State of the Market. The major averages succumb to modest selling pressure today, even with headlines and media coverage surrounding U.S./China that support a deal forthcoming. …
Despite it being a QT day of significance and without the benefits of U.S. Treasury issuance offsets, the major averages still rallied and after the FOMC minutes were released. The minutes proved…
There is at least one key component of the market rally that will likely come into play today, liquidity. Today marks yet another quantitative tightening (QT) day for the FOMC as it…
Welcome to our technical market recap with Wayne Nelson. On a day where the major averages began the trading day in the red and rallied through much of the day, only to…
The market’s reaction to the release of the December 2018 monthly retail sales was just a reasonable excuse to pullback modestly on Thursday. December retail sales proved disappointing and missed average analysts’…
Is it a bear market bounce or a bull market rally? That seems to be the ongoing debate and depending who you ask; the answers will be vastly different. With Wednesday’s market…
If all that you paid attention to on Tuesday was the S&P 500 (SPX) moving above and closing just above its 200-DMA, that might be a good thing. Why do we suggest…
It looks like we have a deal to avoid a government shutdown, as policy makers spill out into the media forums touting such a deal. But will President Donald Trump sign the…
Welcome to our weekend Technical Recap. Wayne takes a look at the market moves for the week as Friday’s turbulent session expressed a bit of a FOMO moment going into the closing…
Our daily technical market recap today discusses some of the “pullback” presumptions and probabilities given the decline that hasn’t presented itself until now. Please click the link to review the technical market…
Here we are, ready to close out the trading week and with the S&P 500 (SPX) quite literally exactly where it started the week, 2,706. Pretty unusual to find 4 trading days…
In other headlines, J.P. Morgan Chase believes we’ve entered a new risk-on environment for equities. The bank’s global strategists continue to favor equities relative to bonds, saying in a monthly report that…
Welcome to our 2/6/2019 State of the Market video with Seth and Wayne. In this week’s SOTM video we discuss with great detail the Volmageddon event as it anniversaried on 2/5/2019. In…
On the heels of the State of the Union address Tuesday night, equity futures are pointing to modest decline at the open of trading on Wednesday. In assessing the SOTU address, we’re…
There’s so much to discuss as it pertains to the current S&P 500 (SPX) rally and the Alphabet. No, not just Alphabet’s (GOOGL) earnings, but 3 letters of the Alphabet that serve…
In our weekend edition of Daily Technical Market Recap, Wayne discusses Friday’s market moves as well as what we might expect in the near-term from the various indexes and specific stocks. Another…
Wayne Nelson brings us his latest daily, technical market recap as Amazon delivers results that beat on top and bottom line, but revenue guidance disappoints. Please click the link to access the…
Welcome to our latest State of the Market (SOTM). Please click the link to view the video. (58 minutes in duration) Outline: Introduction (0-3 minutes FOMC/Fed meeting, revert to data dependency, no…
The major averages were higher going into the Fed/FOMC rate decision announcement… and then they doubled their respective gains after the rate hike decision. The move in the market put an end…
In the evening’s technical market recap with Wayne Nelson, we discuss the Q1 2019 Apple earnings release and subsequent market reaction. In addition to looking at the market reaction to AAPL, Wayne…
Ahead of today’s Daily Market Dispatch, we want to remind our readers and subscribers that our weekly State of the Market video will be available on-site, firstly, to Premium Subscribers Thursday evening.…
Please click the link to access our daily, Technical Market Recap with Wayne Nelson. Within the recap Wayne discusses the declines in both Nvida and Catepillar shares that proceeded there quarterly warning…
For the second straight opening-trading day of the week, the major averages fell sharply. And why did equities fall, with the Dow Jones Industrial Average (DJIA) falling more than 400 points at…
Our weekly technical market recap for week ending January 27, 2019, inclusive of the major indices and specific tech names slated to report earnings this week. Please click link to review. Video…
By MAXA. CHERNEY TECH REPORTER: MarketWatch At the end of a 2018 filled with scandals and negative headlines, Facebook Inc. is expected to report its most profitable quarter in history. When Facebook…
Good morning to all. Please review our Technical Market Recap offered by Finom Group’s Wayne Nelson. Simply click the link to play the video with duration of 30 minutes.
As we look to round out the trading week with U.S. equity futures seemingly brushing off failed votes to reopen the U.S. government and a mixed bag thus far through earnings season,…
The U.S. economy is like a ship trying to navigate its way through difficult waters, JP Morgan Chase (JPM) chief Jamie Dimon said Wednesday. I would tend to agree with Jamie if not for the prolonged…
Wall Street was in a rather somber move on Tuesday and coming off of a 3-day weekend. The major averages all fell greater than 1% on the day, led by a near…
As the market looks to open sharply lower and on the heels of China’s slowing GDP data released on Sunday night, Finom Group continues to scan the volatility complex and other sectors…
Welcome to the State of the Market video presentation with Wayne and Seth. Please click on the link to review the video. The video discussion on the markets and market volatility is…
Wayne Nelson offers his daily-market recap. Insights on the daily market technical moves inclusive of analytical reference points. Additionally, Wayne offers some of the fundamental and geopolitical variables weighing on investor sentiment.…
The two biggest stories from Tuesday’s market trading came from the late afternoon Brexit vote, which failed to pass, and Netflix (NFLIX) choosing to raise prices. The bill was rejected by 432…
After two consecutive days of losses for the major indices, first back-to-back loss of the New Year, equity futures are looking flat on Tuesday. The losses for the U.S. equities have been…
We are off to a strong year in the markets with the S&P 500 (SPX) up roughly 3.5% since January 2nd… and that would be the bare naked truth if it weren’t…
Please click on the link below to view the video! https://zoom.us/recording/play/-EODMMenR0S7ddbkdemXIw-5t8oHYem7duLoTJxDWR13rDmK01G3EB9TpccysLt4?continueMode=true Video Outline: Introduction to State of Market (opening minutes) December market collapse, liquidity drain, sentiment readings, falling into bear market (3-6…
Heading into Thursday’s market open on Wall Street we’ve got some good news and some bad news. Firstly, the bad news: U.S. equity futures are down across the board by roughly .5%…
Is optimism creeping back into the market? Are investors signaling that it is “all clear”? Look, I get it, the market has rallied significantly off of the S&P (500) daily closing low…
2018 could easily be characterized as the year that volatility came back into the market place due to Quantitative Tightening and geopolitical/macro concerns. Asset prices reached record levels in 2017 and through…
U.S. equity markets demonstrated another remarkable turnaround on Wednesday as investors returned from the New Year holiday. At its lows the Dow Jones Industrial Average (DJIA) was negative by nearly 400 points,…
After the worst December since 1931 and the worst year since the financial crisis, stocks enter 2019 hobbled. The S&P 500 (SPX) will begin trading at 2,505 in 2019 after finishing down 6.2%…
Good weekend to everyone and with the final trading day of calendar year 2018, we can’t help but desire the calendar year to end with some semblance of positivity. Last week kicked-off…
I can recall watching the S&P 500 (SPX) on Thursday as it retraced much of what it had gained from the previous snap back rally. As the market worsened throughout the day,…
There’s nothing I dislike more than a 1,000+ (DOW)-point rally, coming after a nearly 5,000-point decline. Don’t get me wrong, it’s better than the continuation of the decline, but it only serves…
Written by Doug Kass “Look up and not down; look out and not in; look forward and not back, and lend a hand.” – Edward Everett Hale Make no mistake about it, the stock…
As investors return to the market from the Christmas Holiday, they are bracing for further market deterioration. Forced liquidations have plagued the market over the last several weeks, resulting in the worst…
Thursday may have proved to be a signal to investors or at least traders that the selling pressure will continue to persist as global economic and political uncertainty also persists. The two…
At its apex yesterday, the Dow (DJIA) was up some 350+ points. All major averages were up greater than 1% going into the 2:00 p.m. EST FOMC rate hike announcement. By and…
Since the FOMC’s September meeting and when it stated that it was “a long ways away from the neutral rate”, the market has been in a state of turmoil. The S&P 500…
If you didn’t tune into the markets, CNBC or Bloomberg yesterday, you likely missed the Jeffrey Gundlach show. He many several comments about the equity markets, while patting himself on the back…
For equity market bulls, the following chart is nowhere near that which you would like to have found the markets finishing the week. Finom Group has been stating for some time now,…
Here we are at the end of the trading week and futures are bright red, as Chinese economic data proves less than desirable. China on Friday reported industrial output and retail sales growth…
While headlines on trade and/or the White House administration seem to pour out of the media on a daily basis, investors continue to be whipsawed and tumbled about, trying to decipher what…
https://zoom.us/recording/play/uLKp7zYwIfSYc33D1VLDzLwakfwsdbn73SZTEz-qBjqGtSeUR4UGzADv5ZYFgDpp?continueMode=true Outline Market Headwinds: (23 minutes) Apple (AAPL) share price Crude oil price/demand/supply Trade Truce i.e. U.S./China: Corporate uncertainty and investor uncertainty (14 minutes in) FOMC rate hike path, turned dovish, data…
It’s not often that the market allows you to hedge before a significant daily move, but that’s exactly what happened on Monday with the market opening flat to higher and before reversing…
The S&P 500 (SPX) weekly expected move was $72/points last week, but it blew past that once again and for the 5th time in the last 10 weeks. The market is proving…
Thursday’s market activity was more troubling than what the daily chart assumes and when we broaden it out for the full year. While the October daily closing low proved, once again, to…
Hedging your long portfolio may be the best way to position oneself as global equities find more selling pressure following the steep declines on Wall Street from Tuesday. U.S. equity futures are…
So we had a pretty strong rally in the major indices on Monday. By now, everyone is aware that a “trade truce” between China and the U.S. has resulted in the latest…
After some alarming headlines on the political front forced U.S. equity markets sharply lower for much of the trading day on Thursday, a late afternoon rally found the major averages slightly lower…
Markets rallied hard on Wednesday and in unison with Federal Reserve Chairman Jerome Powell indicating that the FOMC was just below the “neutral rate”. In addition to this statement of great consequence,…
I had a conversation with a client in the late evenings recently. Yes, in the late evening and as the selling pressure in the markets persisted last week. The conversation centered on…
Everything bounced on Monday on… well there really wasn’t any significant news for which the market could reactively bounce. Sure the UK and EU agreeing on a Brexit format/plan was a positive,…
Welcome back to the markets and what promises to be a very light trading day. U.S. equity futures are pointing to another negative open on Wall Street after the Thanksgiving Day holiday.…
https://www.dropbox.com/s/8knri7f5uwsvvaj/GMT20181120-182033_Wayne-Nels_gallery_1600x800.mp4?dl=0
If you thought Monday was ugly for global equities, it didn’t get any better on Tuesday. U.S. equity indexes fell sharply, again, on Tuesday with the Dow Jones Industrial Average (DJIA) leading…
The market is definitively testing the resolve of long-term investors and has been since October you might say. Earnings are rising over 20% for 2018, sales are growing nearly double-digits and profit…
Right now, it just doesn’t matter how good the earnings are, as the bears have their paws on the sell button and the bulls are overly concerned with prospects for the economy…
Although equity futures rose sharply on Wednesday morning and CPI data proved innocuous, those gains were quickly erased once Wall Street opened to greater volumes. We’ll get to the CPI data in…
Entering the trading week we were forced to understand there would be an additional selling force in the market. We disseminated information over the weekend through our weekly research report that identified…
By: TONYA GARCIA of MarketWatch Walmart Inc., which reports fiscal third-quarter earnings on Thursday before the bell, is bringing together a variety of services and shopping experiences to create a new kind of…
In our most recent research report (subscription required), we disseminated the weekly expected move for the S&P 500 starting the week of 11/12/18. As shown in the screenshot below, the weekly expected…
FEWER S&P 500 COMPANIES HAVE DISCUSSED TARIFFS ON EARNINGS CALLS FOR Q3 COMPARED TO Q2 COMPANIES AND EARNINGS By John Butters | November 9, 2018 During each corporate earnings season, it is not unusual…
The S&P 500 (SPX) began the week at 2,733 and traveled all the way up to a closing high for the week at 2,813 and before consolidating on Thursday at 2,806. Why…
Wall Street held a post-midterm election rally on Wednesday with the Dow (DJIA) and S&P 500 (SPX) rallying just over 2.10% each. The strength in the two indexes was only dwarfed by…
Upon waking up Wednesday morning you might see something you haven’t seen in the past 29 days with regards to the VIX and the VIX Futures Term Structure. In the 5:00 a.m.…
We expect a good deal of market anxiety to persist throughout the trading day as the media surveys, polls and analytics suggests this or that may come to pass in today’s U.S.…
Back when I was in high school, oh soooo many years ago, a top-10 rap song by Ice Cube was popular. The title of the song was “Today was a good day”. …
Investors will likely wake up this morning with a common theme or sentiment, “Soooo thankful October is over”! It was a brutal October for investors, having witnessed the major indices retrench into…
October has been a brutal month for the stock market, but if Wednesday (Halloween) mirrors the positive action from Tuesday’s trading, it could erase some of the significant damage done to investor…
Coming into the trading week, Finom Group outlined for subscribers its belief that a market bottom hadn’t been found as of yet and volatility would likely head higher before its inevitable decline.…
February was a difficult time for investors, having to grin and bear the first market correction in roughly 2 years. Some investors in the market threw in the towel so to speak,…
Equities recaptured much of what they had lost from Wednesday’s market rout on Thursday, but those gains look fleeting now after revenue misses from the likes of Amazon (AMZN) and Alphabet (GOOGL).…
The market statistics have become more grotesque as October rolls on and with most of the major indices faltering. The Dow Jones Industrial Average dropped 608.01 points at 24,583.42 and erased all of its…
Tuesday, once again, found U.S. equities under pressure with the Dow Jones Industrial Average (DJIA) falling over 500 points in the first hour of trading. But through the remainder of the trading…
The bigger they are, the harder they fall…and they don’t get any bigger than the U.S. equity markets. After falling by roughly .5% on Monday, the Dow Jones Industrial Average (DJIA) and…
Is it the Fed? Is it China’s bear market? Is it Italian sovereign debt? Take your pick, but it is probably none of the above or all of the above that sent…
There was nothing in the FOMC minutes, which were released at 2:00 p.m. Wednesday, that wasn’t already a known to investors and analysts alike. The greatest takeaway from the minutes is that…
After losing 1,400 points on the Dow last week, I’m sure there’s a sense of relief on Wall Street given the tremendous rally Tuesday. Now, if only the major averages can find…
By: SARAH TOY: MarketWatch Netflix Inc. will get the chance this week to prove its disappointing second-quarter results were just a one-off rather than a recurring problem. The company NFLX, announces third-quarter earnings results Tuesday…
Monday’s Census Bureau release of monthly retail sales was said to be softer than forecasted and certainly it was, but why is the question we must ask ourselves. Why because the economy…
The route on Wall Street continued on Thursday with the major indices extending their losses from Wednesday. The Dow is down roughly 1,400 points in the last 2 trading sessions. The Dow…
It’s now official; the global equity route is at-hand! In the U.S., the Dow (DJIA) tumbled 831 points, the Nasdaq (NDX) fell 316 points and the S&P 500 (SPX) fell 95 points…
It didn’t seem to affect the markets all that much yesterday, but it is certainly getting all the attention in the last 12 hours or so. Tuesday morning on CNBC, Jim Cramer…
If you thought you were getting off the rollercoaster ride that is the stock market on Monday, think again. The major averages witnessed significant selling pressure throughout the morning on Monday, with…
Did we tell ya or did we tell ya? With bond yields rising as sharply as they have since the Fed rate hike and as much as they did on Wednesday, it…
Wall Street is waking up to equity futures and bond yields moving in opposite directions. U.S. treasuries had their largest moves on Wednesday, since June 2011. The 10-yr. Treasury yield climbed over…
The Dow Jones Industrial Average hit another fresh record high on Tuesday as it closed 122.73 points higher to 26,773.94. But as the continuation of sector rotation continues in the markets, the S&P 500 closed…
Although it may have seemed a strong rally on Wall Street Monday, the reality is that it was a mixed bag given tech lagged. The Dow closed up almost 200 points, with the…
U.S. indices look to end the Q3 2018 period on a high note and as portfolio managers complete their respective quarterly rebalancing efforts and exercises. If you wondered as to why there…
Ahead of the rate hike announcement that was delivered Wednesday afternoon, Finom Group had anticipated and forecasted the post announcement move to our subscribers, as shown in the following screen shot from…
It’s not quite Monday Night Football, but Fed Chairman Jerome Powell’s press conference will prove to be “must see T.V.” shortly after the FOMC delivers a .25 bps rate hike today at…
We kicked-off the trading week with another round of sector rotation whereby the broader indexes further decoupled in price action. The Dow Jones Industrial Average found industrials and consumer stocks in retreat,…
Economic Data Strength Markets have been grinding higher in a low-volatility market for several weeks, months even. Improving economic data, which have pointed to strong economic fundamentals, particularly in contrast to other…
In a recent article titled Gundlach Warnings 5-years in the Making, we outlined some of the erroneous reporting by some of the permabear market participants. Jesse Colombo of Clarity Financial was highlighted…
After sideways action in the markets for the first two trading days of the week, the markets may have picked a direction on Wednesday, well at least for the Dow Jones Industrial…
If you believe that markets follow earnings, that was made most clear by the global equity markets on Tuesday and as most major global equity markets rose on their respective trading sessions.…
The trade war takes center stage as global markets attempt to parse out the potential impact. But before we get to that I want to introduce the latest commentary from Jeffrey Gundlach.…
U.S. equities finished higher Thursday, as the S&P 500 extended its winning streak to a fourth straight session and with technology stocks showing improved performance. The Dow Jones Industrial Average advanced 147.07…
The tech sector was hit, once again, quite hard in the early going hours of trading on Wednesday, but the sector rallied hard in the afternoon hours. In total, the trading days…
With bearish sentiment kicking off the first week of September trading turning to positive sentiment on Tuesday, U.S. equity futures are attempting to carry forward positive momentum on Wednesday. All three major…
Equity markets closed mostly higher Monday, with the S&P 500 and the Nasdaq each snapping a four-day losing streak. The Dow Jones Industrial Average was the lone decliner on Monday and is…
September being the worst month of the year historically for the S&P 500, declines are largely expected. For the coming week, the expected move for the S&P 500 is $42, much greater than…
The first week of September 2018 will likely leave much to be desired as it’s shaping up to be a rocky week for equities. The S&P 500 finished lower for a 3rd…
While the Dow Jones Industrial Average finished in positive territory Wednesday, if only slightly, both the S&P 500 and Nasdaq fell as tech leaders made the rounds in Washington. The Nasdaq dropped 1.2%,…
U.S. equities got off to a rough September trade in the morning hours on Tuesday and after a long Labor Day weekend. With European markets sharply lower, U.S. equities followed suit until…
Despite the noise surrounding global trade and correlated tariffs last week, the S&P 500 finished higher by nearly 1 percent. Additionally, the S&P 500 YTD gain stands at roughly 7.6 percent after…
Yesterday’s market activity was moving right along, swimmingly, with the Dow & S&P 500 slightly negative and the Nasdaq positive up until 2:00 p.m. EST. It was then that the major averages…
After another record setting day on Wall Street Wednesday, equity futures are in the red. Asian markets finished largely in the red and European equity markets are sharply lower in the early…
Remember the daily record advances in the S&P 500 back in January of this year. Remember the VIX rising alongside such advances as the RSI hit record levels during this time period.…
Wall Street rallied sharply on Monday, with both the S&P 500 and the Nasdaq closing at records for a second straight session and the Dow Jones Industrial Average exiting its longest stint in correction territory since…
As U.S./China talks were being held during the day in Washington, investors were found less optimistic about these talks and with the major averages all falling on the trading day. The Dow…
It’s August 23rd, which means its tariff implementation day between the U.S. and China. A fresh bout of U.S. tariffs on $16 billion worth of Chinese imports commenced on Thursday, prompting Beijing to retaliate with…
Bear with us…! Asian equity markets had the first opportunity to react to headlines from the United States whereby two of President Donald Trump’s confidants and one-time employees will be sentenced for…
How long is this bull market and where did it begin? This or these questions have given investors a great deal to consider since the media is hyping the longevity of the…
When it was all said and done for the week, the S&P 500 ended up 0.59% from last Friday and closed the day 0.79% below its record high. The index is up…
Two of the most critical economic data points have shown that the economy is continuing to show improvement. The U.S. is a consumer driven economy and as such labor and employment remains…
One day the markets are rallying and the next day the markets are sinking. While the direction seems ever changing, the themes are pretty consistent of late, Turkish lira, trade tariffs and…
It was a pretty good day on Wall Street after a couple of downbeat days to end the previous week’s trade. All three major averages finished higher on the day as the…
And when the markets head lower, the rhetoric surrounding Turkey’s debt and lira exacerbate. That pretty much sums up yesterday’s global equity market trading and media focus with most markets sharply lower,…
Currency devaluation, purposeful or not, causes panic around the world. We’ve seen such concerns regarding the devaluation of the Chinese yuan in recent months. Such devaluation causes imbalances in trade and hyperinflation…
In our daily market dispatch Thursday, we discussed the bear vs. bull debate with a focus on the bear case delivered by Morgan Stanley. The firm’s chief market strategist has outlined its…
After all the hullabaloo on Wall Street Tuesday, the major indices were extremely flat and proved an uneventful trade on Wednesday. The Dow fell slightly with the tech-heavy Nasdaq up a tick.…
The trading day was going swimmingly and seemingly without any headlines of significance until around 1:00 p.m. EST on Wall Street. It was around this time that Tesla’s CEO, Elon Musk, tweeted…
Over the weekend, Finom Group’s weekly research report focused some attention on the strength of corporate buybacks. In the report titled “Markets Look Poised For Gains, but Mid-Term Turbulence Looms Large”, we…
Last week, the finale of FANG reports was delivered by Apple Inc. (AAPL) and served to deliver the first $1trn market cap for investors and Wall Street. Some have even characterized the…
It looked as if it was going to be a dreadful day on Wall Street in the early morning on Thursday with the major averages pointing to a steep decline at the…
It appears to be another rocky open on Wall Street with all 3 major indices set to open sharply lower. In Wednesday’s trading session, the Dow and S&P 500 both fell with…
Apple & Tesla Earnings on Deck The June quarter is typically dubbed Apple’s (AAPL) most boring and uneventful quarter with most consumers awaiting the next product launch that coincides with the September…
That was something for all the market pundits and critics to behold last week was it not? The mantra surrounding the disbelief in the market rally that started in late April has…
Yesterday was a record setting day in the market and for one of the market darlings… possibly a former market darling, Facebook (FB). The following graphic will go down in history and…
Facebook shares tanked after the social media giant’s report on daily active users fell short of expectations and the company warned revenue growth would slow the rest of the year. As of…
We’re going to start with some of the more favorable market headlines before getting into why the Nasdaq is set to pullback significantly as indicated by the equity market futures. The more…
Another rollercoaster ride on Wall Street yesterday and after the first of the major FAANG stocks reported earnings. Alphabet (GOOGL) reported earnings and revenues that beat analysts’ expectations by a wide margin,…
You’ve likely heard a great deal about the most crowded trade in the market, FAANG. With that you’ve probably also heard how as FAANG goes the market goes. These comments have turned…
By Max A. Cherney When Alphabet Inc. reports earnings Monday, the European Union’s $5.07 billion Android antitrust fine will ruin the company’s profit. The fine against Alphabet was formally announced last week and Google has…
For the week, the Dow eked out a gain of 0.2%, while the S&P rose less than 0.1%. The Nasdaq notched a decline of less than 0.1%, enough to halt a string…
There’s some good and bad residing within every trading day. Yesterday’s good news was the performance or rotation out of large and midcap stocks and back into small cap stocks as the…
After strong reports from the likes of CSX and Morgan Stanley, equities largely rose in yesterday’s trading session. The Dow Jones Industrial Average advanced by 79.40 points, or 0.3%, to 25,199.29, with the…
After a rough open for the tech-heavy Nasdaq and usually supportive FAANG stocks, the market quickly rebounded intraday. All major averages, on the heels of a worse than expected Netflix subscriber addition…
At some point, and we don’t know when, the geopolitical risks will weigh more heavily on investor sentiment than they seem to be weighing at present. But until that point… It was…
We have a busy reporting week, with more than 170 companies coming out with quarterly results, including 60 S&P 500 companies. The following graphic identifies some of the key reports due…
As has been the case for much of the year, what goes down, must bounce upward. That’s exactly what happened on Wednesday with the major averages dropping sharply and bouncing higher on…
Investors bore the brunt of President Trump’s announced $200bn trade tariffs on China, set to go into affect as early as September and after a review period. All three major indices fell…
Here we go again with tariff headlines front and center. The Trump administration on Tuesday evening released a list of 10% tariffs on $200 billion in Chinese goods, broadening trade war conditions with Beijing.…
As we learned last week, the health of the labor market remains very strong. There are more job openings than job seekers, which is a first since 1970. The prime-age employment-to-population ratio, probably…
It was a strong showing for Wall Street yesterday and ahead of what is being called the launch of the largest economic trade war in history. The characterization was spirited overnight as…
Although it was only a one-day layoff with the markets closed for the 4th of July, it seems like headlines continued to roll in regarding global trade. The most significant or positive…
Let’s keep this short, but sweet and hopefully the market will perform in kind today. Yesterday was quite the roller coaster ride as the Dow opened sharply lower by roughly 200 points,…
In the latest week, the Dow fell 0.6%, the S&P lost 0.7% and the Nasdaq fell 2 percent. For the month of June, the Dow rose 0.1% while the S&P added 1.1%…
We’ve reached the end of the week and what a week it has been. A couple of overextended streaks came to an end during the trading week, including a Dow and Financials…
Wall Street was looking dicey prior to the market’s open yesterday until the White House validated its trading approach with China. Oddly, the details surrounding the Trump administration’s approach were released on…
by Kevin Ann: Finom Group Contributing Member Is working harder or more necessarily better? It’s been about 5 months since I started on this options path, internalized options theory via all forms…
When China sneezes, the global markets may catch a cold! The benchmark Shanghai composite closed officially in bear market territory on Tuesday. The smaller Shenzhen composite moved into bear market territory in February this…
Monday proved to be a rather tumultuous day for global equities, as we largely expected. Over the weekend, Finom Group discussed the flight to safety plays at hand in the market last…
Divergence! A one-word sentence used appropriately to describe last week’s trading action where the Dow was significantly lower than its peer indices. The Dow Jones Industrial Average rose 119.19 points to 24,580.89 on Friday.…
The number eight is considered to be a lucky number in Chinese and other Asian cultures. Eight is considered a lucky number in Chinese culture because it sounds like the word meaning…
It was an ugly day for the Dow Industrial Average yesterday with a rather large intraday reversal. While the point loss was modest, at down just 42 points, it marked the 7th…
That wasn’t as bad as it could have been or maybe even should have been, now was it? The Dow Jones Industrial Average fell 1.2%, or 287.26 points, to close at 24,700.21. At…
But China does not purchase $200 billion worth of goods from the United States. There in lay the problem for China with the latest declaration from President Trump and his call for…
Can it do it? Can the markets really shrug off the FOMC rate hike, the ECB’s scheduling of an end to its QE program and the declaration of $50bn in tariffs on…
You’ve heard the old adage, “It’s all fun and games until the Fed raises rates”, haven’t you? Of course that’s more a derivative of the more understood adage, but after a market…
While equity markets around the globe hit the pause button ahead of an onslaught of central bank announcements and press conferences, the beat must go on. In yesterday’s trading action, the Dow…
The big news headline overnight that will likely carry onward throughout the week is the signed agreement between the United States and North Korea during the joint summit between the 2 nations.…
It was a decent start to the month of June for the major averages last week. Equity futures are pointing to a higher open on Wall Street for Monday June 11th and…
It was a mixed trading day for the major indices yesterday as the Dow outperformed its peers in the S&P 500 and Nasdaq. The Dow finished higher by 95 points to 25,241…
The market is euphoric right? No, not by a long shot. The forward 12-month P/E ratio for the S&P 500 is 16.2. This P/E ratio is equal to the 5-year average 16.2.…
With Apple (AAPL) and Netflix (NFLX) both recording record highs, the Nasdaq finished Tuesday’s trading session with a 2nd consecutive closing record high. Unfortunately, the broader S&P 500 was only slightly higher…
Last Friday’s stock market rally carried forward on Monday with the tech-heavy Nasdaq leading the way. The Nasdaq Composite closed at a record for the first time since March 12, rising 52.13…
Admittedly, that was a trading week not worth forgetting. More importantly, it was a trading week that was very concerning even as the S&P 500 finished higher by .49% for the week.…
While “sell in May and go away” didn’t exactly play out for a 6th consecutive year, it didn’t quite feel as though the month finished on strong footing for the major averages.…
Italy has caused a good deal of market gyrations over the last 2-trading sessions. On Tuesday, the Dow fell as much as 500+ points before finishing the day lower by 391 points.…
If you’re an investor or trader, you’ve probably heard the following words dozens of times: This time is different. While you may have heard these famous words, you may not know the…
If you just waking up after a long Memorial Day weekend and seeing U.S. equity futures sharply lower, it’s time to get to work. U.S. equity futures are down almost ¾ of…
When geopolitical headlines strike and when they have no effect on corporate earnings, it can often bring with it opportunity. The major averages largely finished lower after headlines concerning the proposed U.S./N.…
Yesterday’s Fed minutes proved market moving. Prior to the release of the Fed minutes, the major U.S. equity indices were trading lower with the Dow off greater than 100 points. That all…
It was a rather mundane Tuesday until the late afternoon on Wall Street. The major averages meandered for much of the trading session up until the point where President Trump offered his…
Wall Street bulls were found jubilant yesterday as the markets soared on the heels of what may prove to be a reprieve from trade war rhetoric for weeks and months to come.…
The major indexes posted slight weekly losses last week. The Dow and S&P 500 both fell 0.5% for the week, while the Nasdaq pulled back 0.7 percent. The move lower this week…
The vast majority of traders trading the equity markets find their experiences to be underwhelming and often littered with losses. Unfortunately, that is the hard truth and something most dismiss when they…
U.S. equity markets bounced back yesterday with modest gains across the major indices. Standing out this Thursday, the small-cap benchmark Russell 2000 index hit an all-time high of 1,620.64. The index also closed…
After 8-straight positive closing sessions, the Dow fell a little more than half a percent yesterday. Much of the blame for the near 200-point decline was attributed to the 10-yr. T-bill. The…
Wall Street is looking to open lower on the heels of Home Depot missing on the top line and monthly retail sales data from the Census Bureau. Let’s get to that headline…
It’s funny what a difference a week can make in the markets. Up until last week, the equity market picture looked rather bleak, with investor sentiment waning and record setting volatility. But…
The CBOE Volatility Index fell for a sixth straight session on Thursday, dropping to 13.23. Briefly during the trading session, the VIX dropped below 13 before recapturing the 13 level. This marked…
Do you recall the evil of the market back in early February? You know, those evil folks that caused the market to crash known as the “short-Vol/VIX traders”. CNBC’s Mad Money Host…
So yesterday was a bit of a nail-biter, right? We had a looming, geo-political announcement that had the potential to rock markets and relationships between the U.S. and its allies… and enemies…
There was a great deal of follow through from Friday in the markets for much of the day yesterday… until President Trump issued a tweet that declared he would announce a decision…
We want to begin this week’s research report with a quick look back at what some might argue was the most important economic data from last week, the Nonfarm Payroll report. The report…
Social media and social-financial media sites can be a scary place. Be it Twitter (TWTR), Seeking Alpha or StockTwits, they might be better understood to have a caveat emptor (buyer beware) sticker…
It wasn’t pretty, but yesterday’s market action proved once again… well it proved nothing more than technicals matter more to markets today than over the last two years. When a market does…
It was quite a trading day, yesterday, that found the major averages on a roller coaster ride throughout the day. But in 2018, that’s actually been commonplace, which may be indicative of…
In yesterday’s market update and financial reporting article titled Sell in May and…Not So Much, Finom Group identified that the colloquialism of sell in may and go away is not really supported…
The “big news”, maybe, headline yesterday was delivered through the Personal Consumption and Expenditures (PCE) data. The inflation gauge rose to a 12-month rate of 2%, hitting the Federal Reserve’s target for…
About half the S&P 500 companies have reported first-quarter results last week. Approximately 80% of those companies reporting results surpassed analysts’ earnings estimates, better than the 74% four-quarter average. And earnings outperformance…
Market jitters cooled yesterday with the major averages in rally mode. The Dow rose nearly 240 points or .99% to 24,322 and the S&P 500 was up 27.54 points or 1.04% to…
After a nearly 200 point drop on the Dow Jones Industrial Average yesterday, the index managed to close higher, ahead of key tech earnings due out after the close. The Dow and…
If you hadn’t heard it by now, the 10-yr. Treasury note achieved a 3% yield during yesterday’s trading session. The move spooked investors, even as most economists, analysts and investors expected to…
It was a topsy-turvy trading session yesterday with the Dow giving up more than 120 points during the trading session before finishing nearly flat. The Dow ended 14.25 points, or less than 0.1%,…
The prior week for equity investors and the major averages was shaping up to be a strong week, that is, until the markets hit a wall. The latter trading days, Thursday and…
I don’t usually execute these types of articles anymore, but sometimes it’s necessary or pertinent to do so. Friday was a strange day for me and as such, you’re gonna hear about…
All three major averages fell in the Thursday trading session as bond yields were on the rise. The 10-year Treasury yield trended higher and tipped over 2.92% in yesterday’s trading session, which…
The markets were a rather tranquil place yesterday, which hasn’t likely been stated for much of 2018 and in more than 2 months. But indeed it was with all 3 major averages…
U.S. equities have been in rally mode and the VIX is providing confirmation. That doesn’t make any sense now does it? Seeing how the VIX is completely reactionary it should be an…
U.S. monthly retail sales reversed a 3-month trend of negative MoM results during the month of March as reported yesterday. Sales at U.S. retailers rose 0.6% in March, the Commerce Department reported Monday.…
Closing out the 1st week of earnings season found the major averages higher last week. In the wake of earnings results from Citigroup, Wells Fargo, Blackrock and JP Morgan Chase, however, investors…
U.S. stocks closed with gains on Thursday and look to finish the week higher after several weeks of downward to sideways action on Wall Street. The Dow Jones Industrial Average rose 1.2%,…
Yesterday’s inflation data was not received well by equity investors with the core CPI data coming in a little hotter than expected. Having said that, the 10-year yield didn’t respond with a…
Equity markets rallied yesterday with U.S. equities finishing sharply higher. Stocks rallied after China presented a less-aggressive stance in trade tensions with the United States. The Dow Jones Industrial Average jumped 428.90 points,…
U.S. equity markets are seemingly on a never-ending roller coaster ride. Yesterday’s major indices expressed this sentiment yet again. At the peak of the trading session, the Dow Jones Industrial Average spiked 1.8%…
As an investor, when contemplating the words in the geopolitical and macro realm, deciphering words and verbiage can be critical to a portfolio’s performance. The geopolitical environment investors are forced to consider…
Oh boy, here we go again with the markets reacting to yet another proclamation and/or request for increasing the dollar value of tariffs on China. The news came after a strong U.S.…
Today’s U.S. equity futures, thus far, look far more promising than did yesterday’s futures. At their trough, Dow Futures were down over 600 points whereas in the 5:00 a.m. EST hour they…
If you recall the Dow rallying 389 points yesterday, well that rally is at great risk presently with newly announced tariffs from both the U.S. and its counterpart, China. Yesterday, the U.S.…
The Dow Jones industrial average plunged 458.92 points to close at 23,644.19, with Intel as the worst performing stock in the index. Intel dropped 6.1 percent after Bloomberg reported Apple would use…
Investors are hopeful that April proves a better month for equities than did March and after closing out a bearish quarter for the benchmark S&P 500. Through March, the Dow fell 3.7%,…
However unfortunate it may be, or maybe that depends on one’s positioning, the Nasdaq rollover from Tuesday extended to Wednesday as certain FANG stocks continued their decline. The S&P 500 and Dow…
After a near 700-point rally on the Dow Jones Industrial Average Monday many were of the opinion that the markets may have finally double-bottomed. Tuesday found that sentiment quickly out of favor…
The major indices soared yesterday by more than 2%, with little intraday pullback. It was a slow but steady climb post the closing of European markets. It appears as though the S&P…
If you’re just waking up to seeing U.S. equity futures up by more than 1%, you’re likely in a better mood than last week, when markets ended the week with the major…
Earlier this month, Target released its Q4 2017 results alongside 2018 guidance. The release brought with it selling pressure on the stock, which has yet to recover and as the broader market…
This is the kind of equity market atmosphere or climate can often find investors on the outs, giving up on equities and lacking for long-term vision. For more than a month, the…
Up, down and all around went the markets yesterday and post the Fed rate hike announcement. The FOMC, led by Jerome Powell, approved the widely expected quarter-point hike that puts the new…
One thing after another has been holding the major averages in a pretty narrow range as of late. Most issues surround the White House while others are more market or economy specific.…
Yesterday proved to be a most interesting trading day with the Dow falling as much as 490+ points. The most interesting point of the major averages, which fell in unison, is that…
Long-term investing is largely about corporate earnings, sales and the ability of a corporation to deliver a reasonable return on invested capital to its respective shareholder base. Sometimes, however, investors do need…
After some rather innocuous economic data yesterday, equities finished the day rather uneven yesterday and across the major averages with the Dow Jones Industrial average the only index finishing higher. Today’s economic…
As reported yesterday by the Commerce Department, February retail sales fell month-over-month and for a 3rd consecutive month. It’s important to discern the decline was MoM and not year-over-year as total retail…
Stay away from politics! At least that is what we’ll be trying to do today even as the headlines pour through the media. From the Pennsylvania district race to yesterday’s Presidential firing…
Equity indexes managed an uneven performance yesterday with the Dow falling more than 150 points and the S&P off another 3.5 points while the tech-heavy Nasdaq rose once again by .36 percent.…
That was a pretty bullish end to an otherwise fear littered week that centered on two major points of interest, trade tariffs that could possibly lead to a trade war and the…
After a week of choppy waters and since President Trump introduced the possibility of trade tariffs, U.S. equity markets have seemingly calmed down. In the final half hour of Wall Street trading…
In Q3 2017, J.C. Penney managed to grow comp sales by 1.7%; this after warning investors that sales would only come in at up .7% due to certain apparel liquidations in the…
It’s a rather basic chart, but technically speaking, SPY has been quite resilient despite the market gyrations. The 50 day moving average is right at present levels of SPY 272 with the…
Equity futures in the U.S. are lower across the board by greater than 1% in the early morning hours and in the wake of President Trump’s top economic advisor, Gary Cohn, resigning…
After the Dow Jones Industrial average shed some 3.3% last week, it kicked off the new trading week with a bang yesterday, gaining 336 points. It seemed as if some of the…
This week is likely to prove an important week as equity markets have gyrated back and forth throughout February and through the first couple of trading days in March. Stability in equity…
On February 27, 2018, Macy’s reported its Q4 2017 and FY17 results. With some retailers and especially Macy’s, following the numbers for the 4th quarter can be cumbersome, as they had offered…
If it’s not inflationary and rising rate concerns there is now the threat of retaliatory fears from the latest news centering on the U.S. potential trade tariffs on steel and aluminum. Even…
From David Lincoln’s Blog; On February 27th, Proshares announced that the leverage of its SVXY inverse volatility fund would be reduced from -1X to -.05X and that the leverage of UVXY would…
It was a turbulent time for equities and the S&P 500, which lost nearly 4% during the month of February. Rounding out the month yesterday, the S&P 500 finished lower by roughly…
Well…Fed Chairman Jerome Powell held his first testimony on Capital Hill yesterday and it didn’t take market participants long to key in on the possibility of the Fed raising rates more than…
It all begins today with Federal Reserve Chairman Jerome Powell’s first day of testimony in front of lawmakers. His prepared remarks to the House Financial Services panel will be released at 8:30…
Despite the recent level setting of market expectations and more recent equilibrium found in the major indices, I wouldn’t sound the “all clear” bells just yet. After bouncing off of key levels…
With Asian equity markets finishing nicely in the green overnight, European markets aren’t following suit as of yet. Nonetheless, U.S. equity futures are largely higher, but anything can happen between now and…
If you’re not enjoying the market’s roller coaster ride in February, you’re likely not alone with that sentiment. Yesterday proved to be another wild day for the markets with the Fed minutes…
Equity Futures in the U.S. are once again lower after recapturing nearly 5% of its rapid 10% correction. Asian markets finished sharply higher overnight, but European equities are not following suit as…
Wal-Mart surprised the market with an earnings miss, as adjusted per-share earnings came in at $1.33, below the $1.37 consensus of analysts polled by FactSet. The miss overshadowed a revenue beat. Wal-Mart reported…
After an outside reversal trading day last Friday that found the Nasdaq going from up 1% to negative .23% and the Dow and S&P 500 basically flat for the day, index futures…
They’ve been at it for nearly two-full weeks now, the MEDIA MAVENS! The demonization of the VIX, Volatility complex and those who trade it seems never-ending, but in time… in time it…
How Does SVXY Work? February 9, 2018 Vance Harwood Just about anyone who’s looked at a multi-year chart for a long volatility fund like Barclays’ VXX has thought about taking the…
After a 253-point jump on the Dow Jones Industrial Average in yesterday’s trade, Dow Futures are pointing to another 250-point jump at the open. The major averages have and continue to build…
Well, the economic data released today was anything but favorable and yet the market, for now, is seemingly shrugging off the data. Everyone was waiting with bated breadth for the inflationary data…
Can U.S. equities stay on track with a 4th consecutive day of gains and after a severe correction? While the magnitude of the correction was an average 12% for the Dow Industrial…
After two strong market performance days, Tuesday is looking like yet another reversal with U.S. equity futures in the red ahead of the market open. The Dow, Nasdaq and benchmark S&P 500…
After last week’s measured action against extremes, U.S. equities look poised to rebound. The downturn in U.S. equities last week ended a streak of 404 trading days without a 5% pullback in…
When Jim Cramer blamed “a group of complete morons” for the recent market downturn, he didn’t necessarily call out short-vol traders by name, but it certainly isn’t difficult to read between the…
The major averages are now in correction territory. The Dow Industrial Average fell more than 1,000 points Thursday and for the 2nd time this year, or 4.15%, extending its recent selloff to…
“After VIX shot up 100 percent, the largest move in its history, to 35.73 on Monday, Mr. Golden acknowledged that he was feeling some pain.” The quote was taken from the New…
U.S. equity markets rallied higher in late trading yesterday and after a hard and steep fall in the prior two trading sessions. On Tuesday, the Dow jumped by 567 points, or 2.3%, for…
How ’bout those VIX products, huh? For a few brief moments this morning, when XIV, SVXY, and VXX were all halted, I felt like I was in a Twilight Zone episode. SVXY is…
The global equity market sell-off is showing signs of continuation into its 3rd consecutive trading day. Asian markets were hit heavily overnight with The Nikkei 225 index sliding 4.7% as most Asian…
As expected and unfortunately, depending on your market outlook and desired positioning, the major averages are pointing to a sharply negative open. A global stock selloff was underway Monday, as European stocks…
The Grand Market Sell-Off: Is that what we’ll be calling the pullback in the indexes in the coming weeks? Most obviously it remains to be seen, but one thing is for sure,…
U.S. equity futures are sharply lower and coming off a mixed performance in Thursday’s trading session. European equity markets are also lower in light of U.S. treasury yields rising. The U.S. 10…
In its earnings report last night, Apple delivered better-than-expected, record sales of $88.3 billion and net income of slightly over $20 billion for the fiscal first quarter. The company was able to…
What a day, huh? Yesterday was a roller coaster day for the markets with traders having digested the State of the Union Address the night before and managing through earnings and a…
When people ask me how I make money, it’s difficult even to know where to begin. As a seller of UVXY calls, I’m trading a derivative (call options) of a derivative (M1…
Unlike TVIX, UVXY and VXX are optionable and thus raise the question for the short vol club: Is it better to short shares directly or to take a less direct short position…
After shedding roughly 540 points in the last 2 trading sessions, the Dow Industrial Average looks to resume its trend upward. The Dow remains up by 5.5% in 2018 even after this…
For a second day in a row, U.S. equity futures are pointing to a lower open ahead of yet another busy trading day. While the media headlines certainly centered on the 10-year…
U.S. equity futures are set to open lower ahead of a jam-packed week of data, earnings, Fed announcement on rates and the State of the Union Address. Investors will be listening for…
VIX, you got some splaining to do! (In my best Ricky Ricardo voice). I’m hearing and seeing a lot of “what the heck is going on with the VIX and VIX-leveraged ETPs”…
After hearing about the tremendous returns Seth Golden has earned year after year, I felt that my own annual returns, which were already good, could be much better if I joined in…
The U.S. Dollar has made headlines all week and came under pressure earlier in the week after Steve Mnuchin indicated a weak dollar was ideal for the U.S. economy. Shortly thereafter, President…
Here’s a chart you soon won’t forget. The decline of the USD has been yet another reason supporting equity prices of late. The dollar is suffering another selloff on Wednesday with a…
I know it’s not a great idea to dabble when it comes to vol product trading, but when the VIX popped today, I thought I’d try something a little bit different than…
U.S. equities are pointing to a lower open after the government reopened yesterday. All three major stock market indexes closed at record levels on Monday. After U.S. markets closed on Monday, Congress…
While the U.S. Government is shutdown, corporate earnings will still continue to roll in as the tech sector begins reporting this week. Later in this report, we will discuss one of the…
With the trading week completed and encapsulated by the fear & loathing of a potential government shutdown, many were not surprised that the spending bill passed by the House was not further…
Until recently, I had a terrible habit of selling weekly options. I don’t just mean the options that happen to expire on days other than the third Friday of the month; I’m…
Even with the U.S. House of Representatives passing a one-month bill to fund the government, there remains speculation regarding a government shutdown, as the Senate must also pass the bill. Many are…
Up 300+ points, down roughly 100 points as the Dow Jones Industrial average rose yesterday only to give back small gains. The Dow Jones Industrial Average declined by 97 points to 26,018…
Today I received an e-mail message from one of my concerned students: Hello Mr. Moadel, I’ve been running into a lot of information about a possible recession approaching in 2018, including but…
It’s Thursday January 18, 2018 and we are just shy of hitting the debt ceiling and in need of resolution and an agreement from the Federal government. Republican leaders are scheduled to bring…
Critics on Twitter, StockTwits, and other social media platforms will tell short sellers (as well as call writers) of UVXY/VXX/etc. that it will require a whole lot of luck to continue to…
Last Friday, December 2017 monthly retail sales were reported. The Commerce Department said on Friday that retail sales rose 0.4% last month. Data for November was revised to show sales gaining 0.9%…
The Dow Jones industrial average e-mini futures were up nearly 1%, or 243 points, ahead of the U.S. markets opening for trading Tuesday morning. The move puts DJIA squarely in the cross…
Having posted YouTube videos on just about every popular chart indicator, I’ve become familiar with everything from MACD to stochastics to the Bollinger bands and many more. The most common one, however,…
What a week it was for the major averages. The meteoric rise would almost have to find perma-bears and “top callers” in dismay had they not left long positions in play until…
If you trade the within the VIX complex you are likely following a trend that has tapped into the “the nature of volatility”, which is to decline over time. But the question…
We heard from one Federal Reserve President today, whom offered a cautionary statement to markets. The Federal Reserve may have to “press harder on the brakes” at some point over the next…
Entering Thursday, U.S. equity Futures are flat to slightly higher as bond yields pull back from yesterday’s headlines in price. After the 10-yr U.S. Treasury touched 2.59% it has pulled back to…
That was much to do about nothing now wasn’t it. Well, the major averages did finish lower, which is a bit of a new occurrence in the New Year. And after a…
The S&P 500 Dow industrials and Nasdaq Composite closed at records Tuesday. The S&P 500 and Nasdaq have closed at records every trading session of 2018. Thus far, the strength in the U.S.…
Momma said there’ll be day’s like this, there’ll be days like this…well you get the picture. The VIX pushed up against and just beyond 10 today or roughly 5% higher. This with…
Whether you are long or short volatility ETP’s, you really ought to know what you are trading. Here are a few essential facts about UVXY, VXX, TVIX, and VIXY: UVXY – ProShares…
A slight pause in the U.S. markets yesterday may find the major averages resuming their upward trend near term and as overseas markets continue to rally. A good many headlines continue to…
Entering this week, the major averages remain at all-time record levels. The CES began this weekend in Las Vegas. I’ve been to the show many a time over the years. There are…
It is hard to find a “talking head” in the media that isn’t able to justify the persistent rally in the major indexes and more recently the Dow Industrial Average crossing 25,000.…
Equities continue to roar higher, ending the first trading week of the New Year with all major averages hitting record highs. The Dow, after crossing 25,000 yesterday did nothing but expound upon…
Today I received a heartbreaking e-mail from one of my YouTube subscribers: I just watched your YouTube video about losing money in the stock market. To be honest with you, I’m going…
And the beat goes on… with the three major indices surging above high water mark levels in 2018. The Dow was the last major index to seek out and conquer a whole…
The temptation to buy UVXY/TVIX/VXX/VIXY/etc. when the VIX is low can be pretty strong at times. As I write this, it’s the third consecutive bright green day for the S&P 500; yesterday…
With the S&P 500 clearing the 2,700 level and the Nasdaq clearing the 7,000 level there is but one more milestone to have been achieved. That milestone achievement will come from the…
Autos, no autos, as sales for the big three U.S. automakers came in today! General Motors Co. said December sales slipped 3.3%, to 308,539 vehicles. The nation’s largest auto maker posted solid…
The major indices got off to a strong start in the New Year yesterday with all three major averages climbing to record levels with five of the 11 primary S&P 500 sectors…...
So, you’re thinking about shorting UVXY/TVIX/VXX/VIXY/etc.? Or selling calls on UVXY/VXX? If so, please be advised that these types of trades have “undefined risk,” meaning that you could potentially lose not only…
If you have less than $25,000 in your trading account, you might feel left out when you see short vol traders aggressively short-selling UVXY/TVIX/VXX or selling UVXY/VXX call options. Indeed, due to…
It’s funny how whenever the stock market goes down more than a few percentage points (yes, that has been known to happen from time to time), the mainstream media dusts off their…
