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...

Mon July 17, 2023

Market focus shifts to 2Q23, which should be overall solid given weaker USD. Financials focus, representing 27 of 61 reporting this week. 13 Financial stocks that could gain next few weeks

NEW: SECTION (ABOVE) ADDED IDENTIFYING KEY RECOMMENDATIONS AND SUPER GRANNIES ________________________________________________ _THE NEXT KEY MACRO EVENT IS THE FOMC MEETING TWO WEEKS AWAY. SO MARKETS WILL DIRECT ATTENTION TO 2Q23...

Wed June 7, 2023

Financials and Energy strength are encouraging for SPX rally

TREND BULLISH- EXPECT RALLY UP TO SPX 4325 INTO END OF WEEK BEFORE POSSIBLE MINOR STALLOUT; PULLBACKS SHOULD BE BUYABLE WHEN THEY OCCUR FOR ADDITIONAL STRENGTH IN JUNE. Wednesday’s minor...

Mon October 31, 2022

Big data week ahead (JOLTS/FOMC) but bias positive as inflation discussion now more "two-sided" and stocks are not doing what consensus expects.

The reasons for stocks to continue falling are well known, among them:inflation too highFed going to keep pressure on marketsEurope entering a recessionChina zero COVID lockdown continuesEarnings are slowingStock charts...

Thu September 8, 2022

Short-term Bounce underway into next week

A short-term bounce looks to be underway in US Equities that likely carries prices higher into 9/14 and should reach at least 4125-4150.  Following a rally into mid-month, a few...

Wed June 15, 2022

Markets far more de-risked into June FOMC. And +75bp brings rates closer to market expectations.

Since Friday's CPI (higher CPI) and U Mich Consumer Confidence survey (rise in consumer inflation expectations), consensus expectations for June is now a 75bp hike (vs 50bp prior). This is...

Tue August 24, 2021

COVID-19 rolling over in 18 states vs 6 last week. Retail raised cash 3 weeks in a row, first time in 2021 = panic = bottom

These are the 9 states where the 7D average of new cases seems to be rolling over: - CA, NV, FL, LA, AR, ME, RI, ID, ME - range of...

Wed June 9, 2021

What Our Clients Are Talking About Behind The Scenes

SUMMARY -------------------------If domestic GDP growth and PMIs are set to sequentially decelerate, should I be moving towards defensive areas at this time? Now that we are near mid-year, can you provide...

Fri April 9, 2021

Epicenter – Stocks with Uncommon Value During Uncommon Times

This list was published in the FIRST WORD dated April 9, 2020. We’ve republished it here in order to highlight it for our valued subscribers. _STRATEGY: UPDATING EPICENTER TRIFECTA LIST  – 24...