Markets Fall and Then Recover After Strong Jobs Number

August 5, 2022

In this strategy briefing…

Good Evening: The market had a strong week and Consumer Discretionary and Technology led the gains.  However, a negative catalyst in the form of exceptionally strong jobs numbers proved an obstacle for the rally. As economic ... – The Wall Street DebriefRead more
Investors remain broadly cautious on equities. This is completely understandable given the carnage in markets this year, along with the great uncertainties associated with the trifecta of rising inflation, Russia-Ukraine war and “negative shocks” delivered by ... – 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 had a winning weak that saw Tech and Discretionary recoup some recent losses. However, Friday’s strong jobs number cast doubts on hopes that a dovish Fed pivot will happen anytime soon.
‘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, PG, MNST, KLAC, ALL, DVN, ISRG, GPC, BIIB, ABT, REGN, AZO, MRNA, FB, CVX, CF, XOM, AXP, PYPL
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