Here's why we believe 'higher for longer DUE to higher GDP' has a more dovish tone, and remain constructive for the rest of the year.
We suspect any bounce would likely be one within an ongoing correction.
We view the magnitude of the equity drop and commensurate surge in yields disproportionate to the FOMC rate decision and press conference.
Will this corrective action continue, or will the indexes be saved once again by the 'Magnificent Seven'?
Caution and stock market congestion may lie ahead as interest rates stay higher for longer, while the stock market decline has now assumed a global character. Plus, more lessons from Howard Marks.
Four key indexes shifted their trends from neutral to bearish Wednesday.
The Fed Chair did not sound as sure of himself or the committee as has in the past. He seemed as uncertain about the future of the economy as are the rest of us, which is a negative.
2024 could be a brutal for the real estate sector.
Let's take a close look at the major stock indexes and indicators
Markets are apprehensive into the September FOMC. But we think the risk/reward is actually somewhat positive into this meeting. Stay with Technology, Energy and Industrials.
The FOMC likely wants everyone to see this meeting as more of a 'skip' and less of a 'pause.'
If you think we have no idea concerning economic growth, just get a load of these professional economists -- all working at regional district branches of our nation's central bank.
We have reached the point in the calendar where seasonal trends are bearish.
We continue to honor sell signals.
Conditions are ripe for some difficult trading action this week.
The week following the September 'triple-witching' expirations event, which was this past Friday, is often the worst week for U.S. market performance for the entire year.
The week after options expiration (this week) is a notorious one for the market. And that's just the half of it. Plus, what GM and UPS stock can tell us about strikes and stocks.
We see multiple reasons to expect improved market performance going into the second half of September.
The song 'For What It's Worth' has relevance to the current conflict between bulls and bears.
Downside risk has increased.
The current market correction/consolidation phase continues.
When incoming data convince the Fed to no longer see the need for further hikes, we expect multiple markets to reprice. We're removing our tactical OW of regional banks.
Things have started to turn up for this midcap name. Look for these shares to end the year on an up note.
The FOMC will have to altar market expectations for the November 1st decision in order to restore flexibility/optionality in decision making.
The battle continues, and the best way to navigate it is to stay focused on price action.
Let's see how convincing the charts look.
The trading volume has been shrinking since early May, suggesting that investor interest is diminishing.
I do think that once a strike is called that these stocks will likely suffer a negative market reaction.
Here's what's changing in the market and what to make of it.
As Apple tries to find a bottom, Buffett's Berkshire Hathaway, a major shareholder, traded at record highs both on Tuesday and Wednesday.
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