FSI Macro
- Daily Technical Strategy
- Signal From Noise
The Shrinkage Problem: Retail Theft Could Lead to Investment Opportunities
As of publication, we are in the most important month of the year for retailers. And while many have been cautious in their public-facing expectations, the resilience of the economy and of consumers suggests some reason for hope. Yet one headwind that has troubled the sector for several years is...
- Macro Minute Video
VIDEO: Macro Minute: Oct Core PCE affirms Fed has room to move "dovish" in Dec. Powell speaks Friday
We discuss: how today's Oct Core PCE now shows inflation below 2% for 4 of the last 5 months and gives room for Fed to move "dovish" in Dec. We will get hints Friday from Powell speaking at Spelman College. Please click below to view our Macro Minute (Duration: 3:56)....
- Daily Technical Strategy
Technology and Financials both nearing prominent resistance
Due to a technical issue, I was unable to show some of the charts in the video. The remainder of the charts can be found inside my report below. Sorry for the inconvenience. https://vimeo. com/889736085/6bd7ce21ca? share=copy NEAR-TERM TRENDS FOR US EQUITIES ARE BULLISH AND SHOULD REQUIRE CONSOLIDATION IN THE WEEKS...
- Macro Minute Video
VIDEO: Macro Minute: A soft core PCE Thu am + likely softer Fed Friday = supportive equities into month end
We discuss: The Fed's Beige Book shows softer growth, further argument to shift away from higher for longer. Core PCE is out and that will be key if it is a downside reading. Please click below to view our Macro Minute (Duration: 2:57). https://vimeo. com/889646217/863076eaf6? share=copy PS: If you are...
- First Word
Waller makes surprising "dovish" statements, strengthening case for stocks to "zig up" post Oct Core PCE on Thu.
We discuss: While stocks have been rangebound for the past week, interest rates and VIX meaningfully moved lower, and Tuesday aided by Fed Gov Waller's comments. We see this as a divergence favoring a rise in stocks later this week. Please click below to view our Macro Minute (Duration: 3:14)....
- Daily Technical Strategy
Crude should begin to lift, while TNX nears support after big decline
NEAR-TERM TRENDS FOR US EQUITIES ARE BULLISH AND SHOULD REQUIRE CONSOLIDATION IN THE WEEKS TO COME FOLLOWING THEIR SHARP RALLIES FROM OCTOBER LOWS. TREASURY YIELDS AND US DOLLAR SHOULD BE CLOSE TO BOTTOMING. EQUITY INDICES MIGHT TEMPORARILY PEAK THIS WEEK AND PULLBACK AHEAD OF A RALLY INTO 2024. AT PRESENT,...
- Macro Minute Video
VIDEO: Macro Minute: Waller makes surprising "dovish" statements, strengthening case for stocks to "zig up" post Oct Core PCE on Thu.
We discuss: While stocks have been rangebound for the past week, interest rates and VIX meaningfully moved lower, and today aided by Fed Gov Waller's comments. We see this as a divergence favoring a rise in stocks later this week. Please click below to view our Macro Minute (Duration: 3:14)....
- Daily Technical Strategy
Will the Buying Spree Continue?
NEAR-TERM TRENDS FOR US EQUITIES ARE BULLISH, BUT GETTING EXTENDED AS PART OF NEGATIVE MOMENTUM CONDITIONS ON WEEKLY AND MONTHLY CHARTS, IN MY VIEW. TREASURY YIELDS AND US DOLLAR SHOULD BE CLOSE TO BOTTOMING. EQUITY RALLIES LIKELY COULD PEAK TEMPORARILY THIS WEEK AND CONSOLIDATE INTO MID-DECEMBER BEFORE ANY YEAR-END RALLY....
