May 29, 2020

In this strategy briefing…

Well for all the anxiety about the speech President Donald Trump was to give on China Friday afternoon, it turned out to be anti-climactic. Stocks, which had lost some steam midweek ahead of it, rallied Friday. ... – The Wall Street DebriefRead more
Using seven-day comparisons, there is now steady progress in coronavirus (COVID-19) cases in the U.S. each week. I still think we need to watch day-to-day changes and spot sustained dislocations, but the ... – Tom Lee's Equity StrategyRead more
It appears that the U.S. stock market and the Federal Reserve are in agreement that the U.S. economy is bottoming, and the way forward is looking up. Equities have certainly shot up in anticipation since ... – Fed WatchRead more

FS Insight Investment Views

Near Term View:There is more certainty than consensus realizes, Opportunity in epicenter stocks
‘20 Target:3,450 (YE P/E 17.9x · 2021 EPS $193)
Style:High Quality
Granny shots:GOOG, AAPL, AMP, PYPL, NVDA, CSCO, XLNX, FB, MNST, VRSN, DE, QCOM, KSU, EXPE, MXIM, MSFT, TTWO, ROK, DOV, PSX, BKNG, EBAY, EMR, TSLA, AXP, BF/B, PM, GRMN
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