Ticker Appearances
Daily Technical Strategy
REITS Getting better and better; Meanwhile, Metals taking a breather
US EQUITY INDICES LOOK TO HAVE BOTTOMED FOLLOWING MONDAY’S 1% RALLY TO MULTI-DAY HIGHS IN SPX AND QQQ LED BY STRENGTH IN TECHNOLOGY. SMALL, AND...
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First Word
Bond and equity volatilities at lowest levels since 2021 = supportive >20% rise in 2023. Updating "Granny shots" +12 adds (-12 deletes). 2023 YTD +39bp outperformance. 2022 +395bp outperformance. List adds attached.
The most important event in the coming week is the Feb FOMC decision (2/1). We will have more comprehensive thoughts on Wednesday, but as many...
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Daily Technical Strategy
Rally looks underway; BMY likely should stabilize and bounce
The year-end rally looks to be underway, and I expect this bounce to unfold technically as a three-wave pattern into early January. The key resistance...
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First Word
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...
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First Word
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...
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First Word
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...
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First Word
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 0.77% ) and small-caps (IWM 0.99% ) and measures such as advance/decline...
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First Word
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...
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First Word
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...
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First Word
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...
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Daily Technical Strategy
REITS Getting better and better; Meanwhile, Metals taking a breather
US EQUITY INDICES LOOK TO HAVE BOTTOMED FOLLOWING MONDAY’S 1% RALLY TO MULTI-DAY HIGHS IN SPX AND QQQ LED BY STRENGTH IN TECHNOLOGY. SMALL, AND...
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First Word
Bond and equity volatilities at lowest levels since 2021 = supportive >20% rise in 2023. Updating "Granny shots" +12 adds (-12 deletes). 2023 YTD +39bp outperformance. 2022 +395bp outperformance. List adds attached.
The most important event in the coming week is the Feb FOMC decision (2/1). We will have more comprehensive thoughts on Wednesday, but as many...
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Daily Technical Strategy
Rally looks underway; BMY likely should stabilize and bounce
The year-end rally looks to be underway, and I expect this bounce to unfold technically as a three-wave pattern into early January. The key resistance...
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First Word
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...
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First Word
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...
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First Word
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...
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First Word
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 0.77% ) and small-caps (IWM 0.99% ) and measures such as advance/decline...
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First Word
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...
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First Word
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...
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First Word
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...
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Daily Technical Strategy
REITS Getting better and better; Meanwhile, Metals taking a breather
US EQUITY INDICES LOOK TO HAVE BOTTOMED FOLLOWING MONDAY’S 1% RALLY TO MULTI-DAY HIGHS IN SPX AND QQQ LED BY STRENGTH IN TECHNOLOGY. SMALL, AND...
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