Wed June 14, 2023

Divergences Likely to Persist

Well, it seems that the ball game is over, and the bulls have clearly won.  Inflation is dead, the Fed should be easing anytime soon, the expected recession has been...

Wed June 14, 2023

Chinese ETF breakout ahead of possible stimulus is bullish

TREND BULLISH - THIS 4.5% SPX RALLY IN JUNE HASN’T SHOWN MUCH EVIDENCE OF TIRING. WHILE PULLBACKS ARE POSSIBLE, THE TREND LIKELY CONTINUES UP INTO LATE JUNE.  SPX-4415 IMPORTANT. I’m...

Mon November 14, 2022

Biotech breakout worth following as Healthcare gets stronger

The near-term picture still looks positive for US benchmark indices and while momentum has reached intra-day overbought levels, this doesn’t imply a selloff has to happen right away.  Despite some...

Wed October 19, 2022

Updating "Granny shots": +9 additions, -5 deletions

Today is the October quarterly rebalance of our Granny Shots portfolio. The Granny Shots is a list of our core stock holdings, using 6 thematic/quantitative portfolios and is designed to...

Thu August 4, 2022

Healthcare Showing Promise: Why We’re Bullish

Healthcare conversations over the past two years have centered almost exclusively on COVID-19, vaccinations, and therapeutics. Yet the dynamic sector offers much more to dissect as we emerge from the...

Fri July 29, 2022

The August 1982 moment: bear market "bottom" before Fed pivots -- if true, new highs coming sooner than most expect

The biggest takeaway for me on events of this week? Convincing and arguably decisive evidence the "bottom is in" -- the 2022 bear market is over.this was a big data...

Mon July 25, 2022

After July FOMC, entire yield curve will be at or above "neutral rate" = optionality = 2H rally view intact

A big data week is ahead, with 3 major data incoming:7/27 is July FOMC --> +75bp is base case and few surprises expected7/28 2Q GDP --> investors expecting negative print...

Fri July 22, 2022

5 reasons equities rallying. Expanding breadth affirms 2022 "bottom" is in. P/E can expand with Fed hikes, as long as "shocks" are avoided. 2H rally.

We are starting to see strengthening internals for equity markets, including key leadership improvements from Technology ($QQQ) and small-caps ($IWM) and measures such as advance/decline lines. Thus, from the perspective...

Wed July 20, 2022

Roundtable takeaways: Proximity (if not already) at lows for bear. EPS risk lower than consensus expects. OW Tech/Growth.

If you missed our FSinsight Roundtable, - click HERE for the replay   ______________________________________________ _SUMMARY: ROUNDTABLE WITH GROUP HEADS, CONTRASTING AND HARMONIZING THE VIEWS ACROSS SECTOR HEADS_ We hosted a...

Mon July 18, 2022

Cooling "soft data" argues Fed playbook soon change to more predictable. In 1982, took only 4 mos to erase entire Volcker "bear market"

Most investors, based upon my conversations, remain skeptical that markets can find any footing, particularly in the face of continuing bad CPI reports. But I think investors are overlooking that...

Fri July 15, 2022

Despite a flat out bad June CPI report, Fed officials sound "measured" (vs "expeditious") ...arguably enabling equities to see "less bad"

In the 36 hours since the horrific June CPI report, equities have managed to better with Technology stocks managing gains.initial "hawkish" market reaction was to price near 100% odds of...

Thu July 14, 2022

Technicals on new Granny Shot additions

GRANNY SHOT STOCK LIST WITH SUPPORT AND RESISTANCE (ST= SHORT-TERM, IT=INTERMEDIATE-TERM)Source: Fundstrat, Bloomberg, Factset ABBOTT LABS ($ABT- $106.21)  Attractive to buy following a 21% decline over the last seven months...