Thu February 15

Lessons from the Past

A daily market update from FS Insight — what you need to know ahead of opening bell “You miss 100% of the shots you don't take.” — Wayne Gretzky OVERNIGHT...

Wed February 14

VIDEO: Macro Minute: Today's bounce shows 1Q24 "top" not yet in, look for sell-off on good news

VIDEO: Our favorite sectors remain $IWM $XLI $XLF $XLK $QQQ and Bitcoin $BTC Please click below to view our Macro Minute (duration: 03:50). https://vimeo. com/913122523/d85916c4b1? share=copy _____________________________ 36 GRANNY SHOT...

Wed February 14

Yesterday was unlikely the 1Q24 market top. Feels more like profit-taking as prices retrace gains of last 4 days. Proper yesterday is "sell off on good news" not a bad CPI report.

VIDEO: Yesterday's 2% selloff is an over-reaction to the hot CPI print.  We also think it is a touch early to call for a top in equity markets for 1Q24....

Tue February 13

INTRADAY ALERT: Equities over-reacting to "hot" Jan CPI. The 1Q24 top will be when "stocks sell off on good news" -- so today is not likely the top.

THIS INTRADAY ALERT IS SENT SOLELY TO CLIENTS OF FS INSIGHT Equites are selling off >1% today ($IWM off >3%) after Jan CPI came in "hot" vs consensus with Core...

Fri February 9

S&P 500 Surpasses 5,000 Threshold, Extends Weekly Win Streak to Five

Good evening, The S&P 500 momentarily broke 5,000 for the first time on Thursday (5,000.40, to be precise) only to fall back slightly at closing bell. Then on Friday, the...

Fri February 9

Case for even STRONGER 2024 emerging. Lunar New Year starts 2/10 and 2024 is Year of the Dragon. Since 1871, S&P 500 up 13% median gain = 5,350. Since 1979, Russell 2000 outperforms 88% of time.

VIDEO: Chinese new year starts 2/10 and 2024 is the year of the Dragon.  Since 1871, equities do particularly well during the Dragon years, gaining 12%.  And small-caps outperform 88%...

Wed February 7

4Q23 EPS: 4 reasons EPS results are better than appears on surface, including potential China bottom.

VIDEO: We discuss 4 factors that suggest 4Q23 EPS season stronger than many realize. Please click below to view our Macro Minute (duration: 3:56). https://vimeo. com/910601604/8c4b44e130? share=copy This week will...

Wed January 31

January on track for >3% gain, solidifying 2024 to be positive (>92% probability) and suggests our 5,200 target might be low.

VIDEO: Even more important than FOMC or even macro this week is the Wed close.  Jan is on track to be positive and it supports our case for 5200 or...

Wed January 24

5 reasons we see market breadth improving in 2024 = favors small-caps and stock picking. SMID Granny Shots as well.

VIDEO: In the 11 prior instances of S&P 500 making all-time highs, further gains happened 6M later 10 of 11 times, but the durability of gains depends on recession (n=3). ...

Mon January 22

NVDA, MSFT outperformance will hopefully start to broaden out

SPX AND QQQ AT NEW ALL-TIME HIGH TERRITORY HAS CAUSED SOME CONCERN TO THOSE WHO STUDY HOW MUCH TECHNOLOGY HAS DOMINATED IN RECENT WEEKS TO THE DETRIMENT OF MANY OTHER...

Mon January 22

Since 1950, reaching all-time highs after a 20% decline led to 6M gains 11 of 11 times. And 18M sustained gains 7 of 11 times.  Affirming 2024 constructive outlook.  Don't give up on small-caps

VIDEO: We discuss how small-caps remain attractive at 1999 lows.  And on broader markets, reaching an all-time high led to further gains 7 of 11 times. Please click below to...

Fri January 19

Equities manage to claw back to flat YTD, and we still expect new highs by late-Jan. This, however, is not a risk-on signal.

It may be hard to believe, but the S&P 500 is actually slightly positive YTD (+0.20%). The Nasdaq 100 is up modestly (+0.8%) and the Russell 2000 is down -5%....