Wed April 24

Earnings in MSFT and GOOGL might hold the key

THE RALLY WHICH STARTED MONDAY LIKELY SHOULD CARRY SPX BACK TO 5400.  A FIVE-WAVE ADVANCE HIGHER REPRESENTED THE FIRST REAL POSITIVE STRUCTURAL EFFORT OFF THE LOWS, AND BOTH US DOLLAR...

Thu August 10, 2023

Railroads: Investment Prospects for the Modern Era

The last quarterly rebalancing (July 19, 2023) of Fundstrat’s closely watched Granny Shots list included the addition of Union Pacific Railroad ($UNP). Head of Research Tom Lee included the company...

Mon June 5, 2023

Market breadth expanding as 8 of 11 sectors above 20dma (vs 2 last month). 4 reasons "fresh capital” should invest in Industrials. 17 stock ideas.

As we move into the second week of June, our confidence that S&P 500 will gain >20% in 2023 has increased. The decisive upside breakout last week helps, as are...

Fri July 22, 2022

Markets Reverse Friday After Steady Week

Good Evening: Markets had a relatively strong week, given what we’ve been seeing, with a sour ending. This S&P 500 actually got above 4,000 today briefly but retreated into the...

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...

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...

Fri March 11, 2022

Key Areas of interest in a very challenging Tape

The relentless volatility in US Equities continues to make buying dips difficult in this ongoing downtrend.  Several attempts at pushing above SPX 4250 have failed in recent days, and Friday’s...