Wed February 14

Yesterday was unlikely the 1Q24 market top. Feels more like profit-taking as prices retrace gains of last 4 days. Proper yesterday is "sell off on good news" not a bad CPI report.

VIDEO: Yesterday's 2% selloff is an over-reaction to the hot CPI print.  We also think it is a touch early to call for a top in equity markets for 1Q24....

Tue February 13

INTRADAY ALERT: Equities over-reacting to "hot" Jan CPI. The 1Q24 top will be when "stocks sell off on good news" -- so today is not likely the top.

THIS INTRADAY ALERT IS SENT SOLELY TO CLIENTS OF FS INSIGHT Equites are selling off >1% today ($IWM off >3%) after Jan CPI came in "hot" vs consensus with Core...

Tue February 13

Black Swanning, Part Deux

A daily market update from FS Insight — what you need to know ahead of opening bell “You can avoid reality, but you cannot avoid the consequences of avoiding reality.”...

Fri February 9

Equal-weighted SPX looks to be on the verge of turning up vs. SPX

ANOTHER STELLAR WEEK FOR STOCKS WHICH SHOWED INCREASING EVIDENCE OF A BROADER-BASED RALLY BEING CLOSER TO GETTING UNDERWAY.  AS MANY KNOW FROM THE PAST MONTH, THE SPX AND QQQ RALLY...

Thu February 8

Recent sub-par breadth won’t matter if Healthcare, Financials keep rising

DIVERGENCE BETWEEN THE TOP PERFORMING STOCKS WITHIN TECHNOLOGY AND THE BROADER MARKET COULD EVENTUALLY LEAD STOCK INDICES TO CONSOLIDATE.  YET, CURRENTLY, WE’RE SEEING THE OPPOSITE, AS GROUPS LIKE INDUSTRIALS AND...

Fri February 2

Broadening out of market at new highs will be important

DIVERGENCE BETWEEN THE TOP PERFORMING STOCKS WITHIN TECHNOLOGY AND THE BROADER MARKET GREW EVER MORE EXTREME THIS PAST WEEK.  HOWEVER, THIS DOESN’T NECESSARILY IMPLY A LARGE SELLOFF IS IMMINENT.  A...

Thu February 1

AAPL $180 level is the “Line in the Sand” for investors

PULLBACK IN SPX AND $QQQ HAS NOT DAMAGED THE UPTREND HEADING INTO THE BUSIEST WEEK OF EARNINGS FOR THE QUARTER, AND S&P FUTURES LOOK TO BE INDICATED HIGHER FOLLOWING EARNINGS...

Wed January 31

“You Wanna Go To The Moon, Alice?”

A daily market update from FS Insight — what you need to know ahead of opening bell "I'm a dope. Not a run-of-the-mill dope, the world's champ." — Ralph Kramden,...

Tue January 30

GOOGL and MSFT look attractive on weakness into Wednesday

“_Magnificent 7” was a term invented by BofA analysts to describe some of the largest percentage weightings among large-cap Technology stocks that make up SPX and QQQ, largely found in...

Mon January 22

NVDA, MSFT outperformance will hopefully start to broaden out

SPX AND QQQ AT NEW ALL-TIME HIGH TERRITORY HAS CAUSED SOME CONCERN TO THOSE WHO STUDY HOW MUCH TECHNOLOGY HAS DOMINATED IN RECENT WEEKS TO THE DETRIMENT OF MANY OTHER...

Thu January 18

Technology’s dominance can only carry so far

NEAR-TERM TRENDS APPEAR CHOPPY, DESPITE NASDAQ HAVING PUSHED BACK TO NEW ALL-TIME HIGH TERRITORY ON THURSDAY.  TECHNOLOGY’S DOMINANCE HAS BEEN A HUGELY SUCCESSFUL FACTOR IN HELPING TO BUOY INDICES DESPITE...

Thu January 11

SFN Review – The Companies That Caught Our Attention the Most Frequently Last Year

The first _Signal From Noise_ of 2024 finds us repeating our commitment to providing readers with a big-picture view of the markets as seen from Fundstrat’s evidence-based approach to investment...