Wednesday, December 7, 2022

Stock Market Snapshot (video)

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:


Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.

Morning Note: Never Cut and Dried

While yesterday looked a lot like Monday in terms of the move (down) in the S&P 500, the signaling from some other asset classes was markedly different.

For example, Monday saw gold and treasury bonds get whacked every bit as much as stocks, while yesterday, as stocks continued to get shellacked, the 2 turned in nice gains. 

Tuesday, December 6, 2022

Morning Note: What a Difference a Data Point Can Make!

So, China ramps up its own breakout from covid restrictions and the ISM US Services Index comes in (yesterday) at a surprisingly optimistic 56.5 (above 50 denotes expansion)!

Monday, December 5, 2022

Morning Note: Equity Market Conditions Remain Negative

According to the latest scoring of our own Equity Market Conditions Index (EMCI), the go-forward equity market setup, while still net-negative, has improved a bit over the past month.

Here's the summary from our internal report:

Sunday, December 4, 2022

Today's Log Entry

From our internal market log:

12/3/2022

The near-term outlook for equities has grown quite fuzzy… 

We anticipated the strong positive move off of the October low, but defined it as yet another bear market rally, doomed to die near the 200-dma and the bear market trend line… Which is precisely where the SP500 sits today.

Friday, December 2, 2022

Economic and Stock Market Update: Recession Risk Rising (video)

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:


Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.

Morning Note: Key Highlights -- And -- November Wage Data

Here are some key highlights from our latest messaging herein: