Market Moves Sideways After CPI, Closes Down For First Time In 6 Weeks

November 12, 2021

In this strategy briefing…

Key Takeaways S&P closed at 4,682.86 down from an ATH of 4,697.52 last week. This is the first losing week after 5 consecutive weekly gains and a strong move higher. Consumer ... – The Wall Street DebriefRead more
We have compiled relative performance of equity markets by country/region. And a simple glance makes something evident: YTD, only 2 regions have seen pronounced outperformanceIndia and USApossibly Canada too (to a lesser extent) There is not ... – Tom Lee's Equity StrategyRead more
Below we've highlighted stocks that we recommend across at least two of our investment strategies for 2021. These companies could benefit from multiple themes and secular tailwinds – clear picks in our view. Figure: Granny Shots are ... – Granny ShotsRead more

FS Insight Investment Views

Near Term View:The CPI reading and some weak sentiment caused a bit of chop. We don’t see any reason in the data from this week to change our thesis for an everything rally helped along by seasonal factors. Re-opening/Epicenter and FANG are some of our favorites into YE.
‘21 Target:4,800 (YE P/E 22x · 2022 EPS $219)
Granny shots:MSFT, AAPL, GOOG, KLAC, PSX, PM, BF-B, AXP, PYPL, CSCO, XLNX, NVDA, ROST, PHM, QRVO, AZO, EOG, ATVI, WRB, USB, MPC, ULTA, TGT, TXN, AMZN, AAP, TSLA, GRMN
Disclosures (show)

Stay up to date with the latest articles and business updates. Subscribe to our newsletter

Articles Read 1/2

🎁 Unlock 1 extra article by joining our Community!

Stay up to date with the latest articles. You’ll even get special recommendations weekly.

Already have an account? Sign In

Don't Miss Out
First Month Free