June 17, 2022

In this strategy briefing…

Good Evening: “People are like stained-glass windows. They sparkle and shine when the sun is out, but when the darkness sets in, their true beauty is revealed only if there is a light from within.”-- Elisabeth ... – The Wall Street DebriefRead more
Equities have suffered an utter meltdown in the past week as the hot inflation implications of U Mich and CPI pushed stocks into “no bid.” There are many explanations offered for this, but the ultimate takeaway is ... – Tom Lee's Equity StrategyRead more
I am continuing to urge caution and vigilance for equity investors. My research is strongly suggesting that there still is downside ahead, and evidence is slowly building for having to introduce a new downside target below my ... – Alpha CityRead more

FS Insight Investment Views

Near Term View:Markets fell for the 11th week in the last 12 as the Federal Reserve implemented its largest interest rate hike since 1994 to try to curb 41-year high inflation. Sentiment remains extremely bearish amid the uncertainty, inflation, war, and hawkish Fed.
‘22 Target:5,100 (YE P/E 20.5x · 2023 EPS $250)
Granny Shots:AAPL, MSFT, AMZN, CSCO, GOOG, QCOM, AVGO, GRMN, TSLA, NVDA, AMD, BF-B, PM, AMT, EXR, CCI, QRVO, PG, MNST, KLAC, VINF, CB, WRB, ALL, DVN, PSX, CVX, CF, XOM, AXP, PYPL
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