Macro Strategy
- First Word
- Intraday First Word
INTRADAY ALERT: May core CPI downside of +0.16% mom affirms rationale to buy stocks this week and into month end
May Core CPI released this am and it was a huge downside reading at +0.16% mom versus +0.28% consensusThe driver of the downside read was several but the most important was auto insuranceThis was adding +0.06% to core last month and was zero this month (+0.0%)Huge difference and a major...
- First Word
We expect markets to rally post-CPI and post-FOMC because consensus too "hawkish" into Wednesday.
VIDEO: Overall, we expect markets to rally post-CPI and post-FOMC given the anxiety ahead of the release. Please click below to view our Macro Minute (duration: 5:04). https://vimeo. com/956668319/2880994473? share=copy Equity markets have been treading water this week in front of Wednesday when both May CPI and the June FOMC interest rate...
First Word
We expect NVDA and broader rally post-NVDA results, pulling cash off sidelines. CDNS and SMCI attractive corollary plays.
VIDEO: We think cash moves off the sidelines post-NVDA results. We highlight 20 stocks most correlated to $NVDA. Please click below to view our Macro Minute (duration:...
Macro Minute Video
Video: Macro Minute: We expect NVDA and broader rally post-NVDA results, pulling cash off sidelines. CDNS and SMCI attractive corollary plays.
VIDEO: We think cash moves off the sidelines post-NVDA results. We highlight 20 stocks most correlated to $NVDA. Please click below to view our Macro Minute (duration:...
First Word
GRANNY SHOTS: May 2024 Super Granny update
On Tuesday, 5/21, we hold our monthly webinar on the Top 5 “Super” and Bottom 5 “Sleeper" ideas within our Large Cap Granny Shot and...
- Macro Minute Video
Video: Macro Minute: If June Core CPI (7/11) below +0.25%, likely triggers rotations in small-caps, Industrials, Financials and "laggard" FAANGs
VIDEO: If June Core CPI is as soft as we expect, we think this triggers a rotation to small-caps, industrials and Financials as well as towards "laggard" FAANGS. Please click below to view our Macro Minute (duration: 4:38). https://vimeo. com/981666643/da10f0a56a? share=copy _____________________________ 36 GRANNY SHOT IDEAS AND 44 SMID GRANNY SHOT IDEAS: We...
Macro Minute Video
Video: Macro Minute: Two steps forward, one step back, yet equities still up 1% for the week. Friday's March PCE important.
VIDEO: This has been a challenging week for markets, but the overall message to us is companies are delivering strong earnings and investors are still...
Macro Minute Video
Video: Macro Minute: Some soul searching might happen post-META, but the core drivers of positive/risk reward remain in place, and a 2% rally does not relieve that
VIDEO: While $META results disappointed, the company's competitive advantages remain enviable. And the drivers of a rally remain intact. Please click below to view our Macro...
First Word
Earnings are proving to be the positive catalyst needed for stocks to recover.
VIDEO: Mark Newton believes Tuesday's rally suggests the technical low is in place. That is a good thing and means CTAs and other investors are...
Macro Minute Video
VIDEO: Macro Minute: Earnings are proving to be the positive catalyst needed for stocks to recover.
VIDEO: Mark Newton believes today's rally suggests the technical low is in place. That is a good thing and means CTAs and other investors are...
