Prices as of 2026-01-30 16:20:44 ET
Ticker Appearances
First Word
VIX surge to 25 shows "fear" creeping in. AAII flips negative again, which we view as contrarian positive. We still see S&P 500 7,000 by year-end.
The S&P 500 is up +1.17% so far this week and down -0.9% for the month. Not bad. But the level of "apprehension" for equities...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
ECB makes dovish turn, risk rallies… a harbinger to when that day arrives for Fed. Removing tactical OW of regional banks.
We discuss: It’s been a data heavy week, but the big news is ECB yesterday and it’s dovish impact on bond markets. Please click below...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
Strength in stocks YTD is explained by better fundamentals + drop in VIX. And now 26 groups are in solid positive trend (vs 4 a month ago). Next week remains one of most critical of 2023.
The upside breakout in equities puts the S&P 500 near 4,300, a key round number and near the August 2022 highs (4,325). Our base remains...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
"Buy the dip" regime back since March 23, 2023 as analysis shows S&P 500 regain 2% losses less than 1 month, reversing "sell the rip" regime of 2022. Stick with FAANG, Industrials and tactically Regional banks.
NEW: NOTICE NEW SECTION (ABOVE): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS _We publish on a 3-day a week schedule:_ SKIP MONDAY <-- TRAVELING _SKIP...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
FAANG default risk (CDS) less US govt = more reason to OW (even now). Regional banks see DeMark "13" buy setup = stick along with OW "temporary Fed put"
NEW: NOTICE NEW SECTION (ABOVE): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS _We publish on a 3-day a week schedule:_ SKIP MONDAY (traveling) _SKIP...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
Potentially "hot" April CPI report, testing height Fed pause bar...but so far 2023 is a "game of inches" where bulls gaining. Even global GDP creeping higher.
NEW: NOTICE NEW SECTION (BELOW): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS Market direction in 2023 feels like a "game of inches" (Al Pacino...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
Post-FOMC fallout creates temporary "Fed put" on regional banks -- hence, recommend 4-6 week tactical OW in regional banks $KRE plus 5 regional stocks
NEW: NOTICE NEW SECTION (BELOW): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS Last week, we were in Boston visiting with our institutional investor clients....
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
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 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
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 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
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 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
VIX surge to 25 shows "fear" creeping in. AAII flips negative again, which we view as contrarian positive. We still see S&P 500 7,000 by year-end.
The S&P 500 is up +1.17% so far this week and down -0.9% for the month. Not bad. But the level of "apprehension" for equities...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
ECB makes dovish turn, risk rallies… a harbinger to when that day arrives for Fed. Removing tactical OW of regional banks.
We discuss: It’s been a data heavy week, but the big news is ECB yesterday and it’s dovish impact on bond markets. Please click below...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
Strength in stocks YTD is explained by better fundamentals + drop in VIX. And now 26 groups are in solid positive trend (vs 4 a month ago). Next week remains one of most critical of 2023.
The upside breakout in equities puts the S&P 500 near 4,300, a key round number and near the August 2022 highs (4,325). Our base remains...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
"Buy the dip" regime back since March 23, 2023 as analysis shows S&P 500 regain 2% losses less than 1 month, reversing "sell the rip" regime of 2022. Stick with FAANG, Industrials and tactically Regional banks.
NEW: NOTICE NEW SECTION (ABOVE): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS _We publish on a 3-day a week schedule:_ SKIP MONDAY <-- TRAVELING _SKIP...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
FAANG default risk (CDS) less US govt = more reason to OW (even now). Regional banks see DeMark "13" buy setup = stick along with OW "temporary Fed put"
NEW: NOTICE NEW SECTION (ABOVE): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS _We publish on a 3-day a week schedule:_ SKIP MONDAY (traveling) _SKIP...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
Potentially "hot" April CPI report, testing height Fed pause bar...but so far 2023 is a "game of inches" where bulls gaining. Even global GDP creeping higher.
NEW: NOTICE NEW SECTION (BELOW): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS Market direction in 2023 feels like a "game of inches" (Al Pacino...
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
First Word
Post-FOMC fallout creates temporary "Fed put" on regional banks -- hence, recommend 4-6 week tactical OW in regional banks $KRE plus 5 regional stocks
NEW: NOTICE NEW SECTION (BELOW): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS Last week, we were in Boston visiting with our institutional investor clients....
This report is accessible to FSI Pro, FSI Macro memberships.
You have viewed the limit of 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
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 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
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 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
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 98 reports for free this month.
To continue reading our research please sign up below.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Visitor: fb7ed0-20f8fc-e4ac12-a70f54-22d635 Array ( [cookie] => fb7ed0-20f8fc-e4ac12-a70f54-22d635 [current_usage] => 98 [max_usage] => 2 [current_usage_crypto] => 11 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.59 )
Not Available
Articles Read 2/2
🎁 Unlock 1 extra article by joining our Community!
You’ve reached your limit of 2 free monthly articles. Please enter your email to unlock 1 more articles.
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635
Already have an account? Sign In fb7ed0-20f8fc-e4ac12-a70f54-22d635