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...

Thu March 9, 2023

Financials breakdown vs SPX will lead to further underperformance

The worse-than-expected Jobless Claims number Thursday (211k vs. 195k expected) caused a big Treasury rally but failed to lead stocks higher, given the big decline seen in bank stocks led...

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...

Fri August 12, 2022

S&P 500, Nasdaq Finish Higher For 4th Straight Week

Good evening: What a summer rally it’s been for markets. Amid the hubbub of recessionary fears, 40-year-high inflation, war, supply chain challenges, and rising rates, everyone has become fixated on...

Fri August 12, 2022

Inflation showing decisive “break” in pattern. Rally strengthening = focus on lower quality. 6 names. 2H rally intact.

The rally seen in equity markets post-CPI has been largely met with skepticism. This is essentially true of the gains seen over the past week and past month. Below is...

Fri August 12, 2022

Inflation showing decisive "break" in pattern. Rally strengthening = focus on lower quality. 6 names. 2H rally intact.

The rally seen in equity markets post-CPI has been largely met with skepticism. This is essentially true of the gains seen over the past week and past month. Below is...

Thu August 11, 2022

Financials start to join the rally, though indices at resistance

The rally certainly started to show some evidence of “Wear-and-Tear” on Thursday, though no evidence yet again of any meaningful trend reversal.  A couple pertinent points:  Yields have started to...