April 29, 2022

In this strategy briefing…

Good evening, everyone, and happy Friday. We need a breather. In April, stocks posted their worst month since March 2020. The NASDAQ and S&P 500 clocked their fourth consecutive losing week, which doubled as the ... – The Wall Street DebriefRead more
Things are so bad, that markets can bottom on bad news I am a huge Nicholas Cage fan. Some of his earliest movies had an influence in my youth — Peggy Sue Got Married, Moonstruck, Leaving Las Vegas, ... – Tom Lee's Equity StrategyRead more
Earnings season is in full swing. The character of the market has been volatile and choppy. It can be an overwhelming time with many companies reporting and plenty of new information. I wanted to drop a quick ... – Alpha CityRead more

FS Insight Investment Views

Near Term View:Markets had their worse week since March 2020. GDP came in well below expectations on Thursday. Amazon missed earnings and PCE came in hot. The sell-off was brutal Friday and the S&P 500 is hanging right above Feb lows.
‘22 Target:5,100 (YE P/E 20.5x · 2023 EPS $250)
Granny shots:AAPL, MSFT, AMZN, CSCO, GOOG, QCOM, AVGO, GRMN, TSLA, NVDA, AMD, BF-B, PM, AMT, EXR, CCI, QRVO, PG, MNST, KLAC, VINF, CB, WRB, ALL, DVN, PSX, CVX, CF, XOM, AXP, PYPL
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