Fri April 12

Financials nearing short-term support but selectivity remains key

THIS WEEK’S SELLOFF LOOKS TO BE NEARING IMPORTANT SUPPORT HEADING INTO NEXT WEEK WHICH SHOULD ALLOW FOR SOME STABILIZATION AND A SNAPBACK RALLY INTO LATE APRIL AND THE MONTH OF...

Fri April 5

Surveying Financials Sector ahead of Bank earnings next week

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF AT THIS TIME. WHILE PRICE...

Wed March 29, 2023

Aftershocks part 3: Ripples still widening. Technology borrowing costs now 63bp LOWER than banks and VIX closed below 20 1st time since SVB.

It has been nearly 3 weeks since the sudden failure of SVB and the aftershocks continue. The biggest impact from the banking crisis is the market's expectations for Fed policy...

Mon March 27, 2023

Even as banking crisis still expanding, FAANG/Tech nearly recovered entire 2022 losses

The scope of the banking crisis continues to edge wider, with additional regional banks seeing pressure by investors (bonds well under par) and over the weekend, a Bloomberg article noted...

Wed November 2, 2022

Violent whipsaw during Powell’s speech keeps rates trending up

1 year ago Free Webinar Introducing Mark Newton’s Upticks Stock List Speaker: [Mark] Mark L. Newton, CMT AC Head of Technical Strategy Watch the Replay of the Webinar Watch the...

Thu May 13, 2021

Reiterating Bullish Stance on GoPro and Other SFN Updates (Part 1)

GoPro was the feature of our Signal From Noise article from March 12, 2021. In this article, we covered how the company was amongst the best of the Epicenter cadre...