Markets Have Another Choppy Week and Rotation Continues, Financials Have Rough Friday After Big Bank Earnings

January 14, 2022

In this strategy briefing…

Key Takeaways The S&P 500 closed at 4,662.85 down from 4677.03 . The VIX settled at $19.19  and didn’t get too far above $20 this week. Powell’s testimony assuaged ... – The Wall Street DebriefRead more
I will be on vacation from 1/17 to 1/25, a late Christmas vacation we will still publish our COVID-19 daily commentary (thanks tireless Ken)market commentary will resume 1/26 STRATEGY: Omicron turning COVID ... – Tom Lee's Equity StrategyRead more
Below we've highlighted stocks that we recommend across at least two of our investment strategies for 2022. These companies could benefit from multiple themes and secular tailwinds – clear picks in our view. Figure: Granny Shots are ... – Granny ShotsRead more

FS Insight Investment Views

Near Term View: Markets experienced another choppy week as participants processed a more aggressive Fed. The rotation from Growth to Value continued, although Financials had a tough day on Friday after disappointing earnings in large banks. Happy MLK Day!
‘22 Target: 5,100 (YE P/E 20.5x · 2023 EPS $250)
Granny shots: MSFT, AAPL, GOOG, KLAC, PSX, PM, BF-B, AXP, PYPL, CSCO, XLNX, NVDA, ROST, PHM, QRVO, AZO, EOG, ATVI, WRB, USB, MPC, ULTA, TGT, TXN, AMZN, AAP, TSLA, GRMN
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