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
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
Nasdaq joins S&P 500 in Setting Records
Good evening, After Nvidia ($NVDA) took markets on a wild ride last week, much of this week was somewhat more range-bound. Nevertheless, stocks continued their advance. The Nasdaq hit an all-time high close on Thursday, breaking a record set in 2021, then set a fresh record on Friday. The S&P...
- Your Weekly Roadmap
Good Grit
"_Success is how high you bounce when you hit bottom." ~ George S. Patton_ Editor's Note: We apologize for the delay in publication due to technical difficulties. Greetings! Last week was a challenging one for markets. Still, the overall message to us, says Fundstrat Head of Research Tom Lee, is...
- 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...
- Your Weekly Roadmap
Despite Markets Hitting New All-Time Highs, We Urge Caution
Good evening, We closed out the week with the S&P 500 hitting all-time highs, an unambiguously positive milestone. Yet the celebratory mood at Fundstrat was somewhat muted this week. Head of Research Tom Lee argued that “the easy money has been made for now.” This is illustrated in our Chart...
- Your Weekly Roadmap
Markets Advance for the Week as Spot Bitcoin ETFs Make Their Debut
Good evening, As Fundstrat Head of Research Tom Lee has frequently written, what happens in the first five trading days of the year tends to show how the rest of the year will play out. At the close of trading this Monday, the fifth trading day of 2024, the S&P...