Stocks Down 1% this Week; 62% Retrace Could be Key Level

September 25, 2020

In this strategy briefing…

For the past three weeks, equities faltered as a renewed set of concerns has undermined the generally positive narrative building a heightened sense of dread heading into critical election day (11/3). And given that stocks saw ... – Tom Lee's Equity StrategyRead more
September has not been friendly towards equity investors. The Standard and Poor’s 500 Index has posted its first decline of greater than 10% for the first time since the 3/23 trough near 2,200. That ... – Portfolio StrategyRead more
I n last week’s note I compared the similarities between the Volatility (VIX) futures in 2012, 2016 with today highlighting that a drop below support at 26-27 on the March VIX futures would be a ... – Technical StrategyRead more

FS Insight Investment Views

Near Term View: Health, Economic Data Point to Better 2H20 for Cyclicals, Value
‘20 Target: 3,525 (YE P/E 18.3x · 2021 EPS $193)
Style: High Quality
Granny shots: AAPL, GOOG, GRMN, CSCO, XLNX, LOW, BKNG, EMR, HPQ, BWA, LEN, CF, MXIM, AMZN, EBAY, PG, NVDA, MSFT, MNST, TSLA, PYPL, AXP, BF/B, PM
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Ray: 20204f-763c0e-1bd273-5fa092-b74a0b

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