FSI Weekly
- Your Weekly Roadmap
- Your Weekly Roadmap
S&P 500 Ends Q1 Up Nearly 11% YTD
Good evening, The last trading day of the month and quarter arrived on the Thursday of a shortened trading week. Markets continue to advance, with the S&P 500 closing at new all-time highs on Wednesday and Thursday, notching five consecutive months of gains. Fundstrat Head of Research Tom Lee sees...
- 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
Nasdaq joins S&P 500 in Setting Records
Good evening, After Nvidia ($NVDA) took markets on a wild ride last week, much of this week was somewhat more range-bound. Nevertheless, stocks continued their advance. The Nasdaq hit an all-time high close on Thursday, breaking a record set in 2021, then set a fresh record on Friday. The S&P...
- Your Weekly Roadmap
Nvidia Propels Global Stock Indices to New Records, Shows Rally Still Has Firepower
Good evening, This week, Nvidia ($NVDA) released quarterly results that arguably blew away everyone’s expectations. Fundstrat Head of Research Tom Lee has been a vocal advocate for the company’s potential and importance since 2019, when he put the stock on our Granny Shots stock list. He remains enthused about the...
- 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
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 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...
- Your Weekly Roadmap
S&P 500 Weekly Win Streak Ends at Nine
Good evening, After the joys of the holiday season and a 2023 in which the S&P 500 rose more than 24%, the rough markets in the first four trading days of the year proved somewhat jarring. Fundstrat Head of Research Tom Lee was on a much-needed vacation this week but...