S&P 500 Closes At ATH High Despite Hot Inflation Numbers and Impending Fed Meeting, Has Best Week in 10 months

December 10, 2021

In this strategy briefing…

Key Takeaways The S&P 500 closed at 4712., which is significantly above the 4,538.43 last Friday. Amazingly, the VIX settled under $19 today after closing a week ago at $30.51 after settling ... – The Wall Street DebriefRead more
Pfizer essentially confirming Omicron is mild = Omicron needs to be “repriced” in financial marketsPfizer’s CEO, Albert Bourla, told the WSJ yesterday that Omicron does appear milder and this is another positive anecdote. Symptoms from Omicron appearing ... – 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:Markets experienced weakness but have now recovered nearly all of their losses at the index level. We still believe a YE rally will occur. A lot of cash on the sidelines should converge nicely with seasonal forces. We stand by our 4,800 YE target.
‘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
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