FSI Macro
- Your Weekly Roadmap
- Daily Technical Strategy
Encouraging bounce, but more needed to have conviction
SPX AND QQQ LOOK TO BE TRYING TO STABILIZE AND RALLY AFTER A VERY SHARP TWO-WEEK DECLINE INTO THIS WEEK. TRENDS IN DJIA AND EQUAL-WEIGHTED S&P 500 LOOK FAR BETTER IN THE SHORT RUN, THAN SPX AND QQQ WHICH REMAIN WITHIN TWO-WEEK DOWNTRENDS. THUS, WHILE FRIDAY’S RALLY WAS ENCOURAGING, IT...
- US Policy
Trump vs. Harris, House Goes Home
Last Sunday, the political world was shaken by the announcement by President Biden that he would not accept the Democratic Presidential nomination. The President then went on to endorse his Vice President, Kamala Harris. Harris quickly consolidated her position and is now seen as the presumptive Democratic nominee. VP Harris...
First Word
INTRADAY ALERT: June Core PCE +0.18% MoM good enough for markets to raise odds of +50bp (2 cuts) in Sept = good. Supports "summer of small-caps"
The June Core PCE came in at +0.18% MoM. This was slightly higher than consenus but as we highlight below, there are 4 items driving...
First to Market
Taking Care of Business
A daily market update from FS Insight — what you need to know ahead of opening bell "Don't let nobody take care of your business...
First Word
PCE important Fri. Small-caps $IWM just generated a signal only seen 10 times since 1979 and almost always "early cycle" signal with 100% win-ratio 3M, 6M and 12M later (90% 1M).
VIDEO: Small-caps just generated a very important quantitative signal, moving >1% in 11 of the last 12 trading sessions. This has only happened at the start...
Daily Technical Strategy
July seasonality argues for a strong end of month rally
SPX AND QQQ LOOK TO BE TRYING TO STABILIZE AFTER PULLING BACK TO SUPPORT AND SHOWING A STRONG INITIAL PUSH OFF THE LOWS INTO MID-DAY...
Macro Minute Video
Video: Macro Minute: PCE important Fri. Small-caps $IWM just generated a signal only seen 10 times since 1979 and almost always "early cycle" signal with 100% win-ratio 3M, 6M and 12M later (90% 1M).
VIDEO: Small-caps just generated a very important quantitative signal, moving >1% in 11 of the last 12 trading sessions. This has only happened at the start...
Earnings Daily
Daily Technical Strategy
Here’s why this initial decline should prove Short-lived
SPX AND QQQ BROKE SUPPORT ON WEDNESDAY, SHOWING THE LARGEST PERCENTAGE DECLINES SINCE 2022. WHILE I EXPECT THAT SPX IS NEARING THE NEXT SERIOUS LEVEL...
