Your Weekly Roadmap
Market Intelligence
Your Weekly Roadmap
Market Intelligence
- Your Weekly Roadmap
- Your Weekly Roadmap
Stocks Slip After Hot CPI Release
Good evening, It was the second consecutive down week for the S&P 500, with much of the pressure on stocks this week originating from a hotter than expected CPI print, released on Wednesday. Core CPI came in hotter than Fundstrat’s expectations, as well as the Street’s. The MoM reading came...
- Your Weekly Roadmap
Stocks Pull Back Heading into Next CPI Release
Good evening, Fundstrat Head of Research Tom Lee has repeatedly told readers that we are in a “buy the dip” regime, and this week the market presented investors with the opportunity to act on his suggestion. Equities were weighed down this week as the market digested the inflationary implications of...
- Your Weekly Roadmap
Market Takes Off After FOMC
Good evening, The focal point of this week’s trading was the March 19-20 meeting of the Federal Open Market Committee (FOMC). By now, the phrase “dot plot” has essentially become part of the public vernacular, and with markets once again correctly anticipating that the Fed would keep rates unchanged at...
- Your Weekly Roadmap
Markets Nearly Flat Ahead of FOMC Despite Hot CPI Release
Good evening, This week, we saw the last two inflation-data releases before the next meeting of the Federal Open Market Committee (FOMC) on Wednesday, March 20. Both came in hot, yet equity markets stayed nearly flat. Our current rally has continued for 20 weeks, but in the view of Fundstrat...
- Your Weekly Roadmap
Stocks Notch New Highs on Way to Losing Week
Good evening, Equities had something of an uncertain start this week, with the S&P 500, Nasdaq, and DJIA all declining. On Tuesday, the S&P 500 fell more than 1%, and as Fundstrat Head of Research Tom Lee pointed out, such declines often cause habitual top callers to proclaim the end...
- Your Weekly Roadmap
Stocks Sink After Israel-Iran Escalation
Good evening, The S&P 500 has closed out its third consecutive down week, and there is no denying that investors had much to worry about this week. Stocks had already come under pressure last week with shrinking expectations for rate cuts from the Fed and a recent CPI print that...
- Your Weekly Roadmap
Markets Troubled by Inflation Data, End Weekly Win Streak
Good evening, The primary macroeconomic event impacting markets this week was the release of the latest Consumer Price Index (CPI) reading. As we began the week, Fundstrat Head of Research Tom Lee told us that, anecdotally, based on his conversations with clients, RIAs, and investors at various industry events, uncertainty...
- Your Weekly Roadmap
S&P 500 Surpasses 5,000 Threshold, Extends Weekly Win Streak to Five
Good evening, The S&P 500 momentarily broke 5,000 for the first time on Thursday (5,000.40, to be precise) only to fall back slightly at closing bell. Then on Friday, the index breached that level more assertively, perhaps in part due to the Bureau of Labor Statistics (BLS) revising its December...
- Your Weekly Roadmap
Healthy Earnings Power the S&P To New Levels; Chances of a March Cut Remain
Good evening, This was an important week for markets, with myriad macroeconomic catalysts having their say. “We learned a lot this week,” Fundstrat Head of Research Tom Lee told us. “Our primary takeaway is that 2024 will be a challenging year, but ultimately positive — just as January had zig-zags,...
- Your Weekly Roadmap
Markets Keep Climbing, Lee’s Base Case Remains Unchanged
Good evening, For Head of Research Tom Lee and his team, the markets, year-to-date, are behaving essentially as he forecast back in December. Lee noted in mid-December that there was not a single instance where the S&P 500 fell 20% and got within 1% of an all-time high without subsequently...