All Three Major Indexes Close at All-Time High, October Strongest Month of 2021

October 29, 2021

In this strategy briefing…

Key Takeaways S&P 500 closed at 4,605.38, an ATH, up from 4,544.90. The last 10 days have marked the best reaction to earnings of S&P 500 components in the ... – The Wall Street DebriefRead more
Daily vaccinations double in past week to 1.6 millionThere has been a sizable jump in Americans getting COVID-19 vaccinations, presumably because of the recent approvals of booster vaccinations for Moderna and Pfizer and ... – Tom Lee's Equity StrategyRead more
Below we've highlighted stocks that we recommend across at least two of our investment strategies for 2021. 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: Despite a lot of trepidation, October was an incredibly strong month for markets. We see little standing in the way of markets rallying into year-end despite looming risks and supply chain issues. We see reasons for small caps to join the rally. Have a SAFE and Happy Halloween!
‘21 Target: 4,800 (YE P/E 22x · 2022 EPS $219)
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
Disclosures (show)