Ticker Appearances
Your Weekly Roadmap
Stocks Move Lower To Kick Off May
~ Peter Lynch Good evening: Despite the prevailingly negative sentiment about the market, we entered May with the S&P 500 almost exactly where it was...
This report is accessible to FSI Pro, FSI Macro, FSI Weekly memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
First Word
As regional banks pressures spread, S&P 500 faces headwinds. But look for possible near-term bottom of banks (per Newton). April Jobs and CPI are next 2 key data points.
At the start of the week, I was hopeful that the combination of Fed decision day (5/3) and soft readings on labor (JOLTS, employment report)...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
First Word
MAKE OR BREAK WEEK: JOLTS show the "bro"-cession becoming more visible in data and possibly April jobs (this Fri). Despite market weakness past few days, risk/reward positive on Fed "dovish" +25bp hike.
The S&P 500 closed a year ago (4/30/22) at 4,132 and closed April 2023 at 4,169. Yes, the S&P 500 is exactly flat with where...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
First Word
Even as banking crisis still expanding, FAANG/Tech nearly recovered entire 2022 losses
The scope of the banking crisis continues to edge wider, with additional regional banks seeing pressure by investors (bonds well under par) and over the...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
First Word
Post-March FOMC, Powell cited "tight" (regarding policy/banks) 23 times vs 8 in Feb = Fed reaction function changing. 5 reasons Technology/FAANG and Bitcoin holding up, despite credit/rates turmoil.
Two weeks ago, the collapse of Silicon Valley Bank (SVB Financial) triggered the current financial crisis and these aftershocks continue. The severity of the shock...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
First Word
SVB informs clients "back to business" yet carnage in FRC bonds, CITI+CS CDS (blowout) and KRE banks down 20% = Monetary Policy is finally "biting" = Fed can take foot off the gas. Ex-FAANG, S&P 500 P/E 14.3X ('24E), not demanding.
On Monday evening, the new CEO of Silicon Valley Bank (SVB) sent an email to clients informing them SVB "is open and conducting business as...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
Your Weekly Roadmap
Stocks Move Lower To Kick Off May
~ Peter Lynch Good evening: Despite the prevailingly negative sentiment about the market, we entered May with the S&P 500 almost exactly where it was...
This report is accessible to FSI Pro, FSI Macro, FSI Weekly memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
First Word
As regional banks pressures spread, S&P 500 faces headwinds. But look for possible near-term bottom of banks (per Newton). April Jobs and CPI are next 2 key data points.
At the start of the week, I was hopeful that the combination of Fed decision day (5/3) and soft readings on labor (JOLTS, employment report)...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
First Word
MAKE OR BREAK WEEK: JOLTS show the "bro"-cession becoming more visible in data and possibly April jobs (this Fri). Despite market weakness past few days, risk/reward positive on Fed "dovish" +25bp hike.
The S&P 500 closed a year ago (4/30/22) at 4,132 and closed April 2023 at 4,169. Yes, the S&P 500 is exactly flat with where...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
First Word
Even as banking crisis still expanding, FAANG/Tech nearly recovered entire 2022 losses
The scope of the banking crisis continues to edge wider, with additional regional banks seeing pressure by investors (bonds well under par) and over the...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
First Word
Post-March FOMC, Powell cited "tight" (regarding policy/banks) 23 times vs 8 in Feb = Fed reaction function changing. 5 reasons Technology/FAANG and Bitcoin holding up, despite credit/rates turmoil.
Two weeks ago, the collapse of Silicon Valley Bank (SVB Financial) triggered the current financial crisis and these aftershocks continue. The severity of the shock...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
First Word
SVB informs clients "back to business" yet carnage in FRC bonds, CITI+CS CDS (blowout) and KRE banks down 20% = Monetary Policy is finally "biting" = Fed can take foot off the gas. Ex-FAANG, S&P 500 P/E 14.3X ('24E), not demanding.
On Monday evening, the new CEO of Silicon Valley Bank (SVB) sent an email to clients informing them SVB "is open and conducting business as...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 2 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In e08ce7-7eb0ce-c5981a-d20f3f-ca42fa
Visitor: e08ce7-7eb0ce-c5981a-d20f3f-ca42fa Array ( [cookie] => e08ce7-7eb0ce-c5981a-d20f3f-ca42fa [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 3.134.105.118 )
