First Word
- Alert
- First Word
Case for even STRONGER 2024 emerging. Lunar New Year starts 2/10 and 2024 is Year of the Dragon. Since 1871, S&P 500 up 13% median gain = 5,350. Since 1979, Russell 2000 outperforms 88% of time.
VIDEO: Chinese new year starts 2/10 and 2024 is the year of the Dragon. Since 1871, equities do particularly well during the Dragon years, gaining 12%. And small-caps outperform 88% of the time. Please click below to watch our Macro Minute (duration: 4:04). https://vimeo. com/911414018/741790b18a? share=copy The S&P 500 touched...
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4Q23 EPS: 4 reasons EPS results are better than appears on surface, including potential China bottom.
VIDEO: We discuss 4 factors that suggest 4Q23 EPS season stronger than many realize. Please click below to view our Macro Minute (duration: 3:56). https://vimeo. com/910601604/8c4b44e130? share=copy This week will be the midpoint of 4Q23 EPS season (105 cos reporting). There have been several high profile EPS beats leading to massive...
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January on track for >3% gain, solidifying 2024 to be positive (>92% probability) and suggests our 5,200 target might be low.
VIDEO: Even more important than FOMC or even macro this week is the Wed close. Jan is on track to be positive and it supports our case for 5200 or even much higher. Please click below to view our Macro Minute (duration: 4:37). https://vimeo. com/908043509/4531be521b? share=copy This week is a...
- First Word
Equities holding up despite -11% Tesla decline (8th largest stock) = sign of resilience. Dec Core PCE out on Friday. Tireless Ken sees downside print.
VIDEO: Dec Core PCE comes out Friday am. Tireless ken expects a Dec core PCE below consensus of +0.20. Please click below to view our Macro Minute (Duration: 4:39). https://vimeo. com/906504477/4e59800273? share=copy Tesla $TSLA is the 8th largest stock in the S&P 500 and fell -11% on Thursday following the release of...
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5 reasons we see market breadth improving in 2024 = favors small-caps and stock picking. SMID Granny Shots as well.
VIDEO: In the 11 prior instances of S&P 500 making all-time highs, further gains happened 6M later 10 of 11 times, but the durability of gains depends on recession (n=3). Also, we highlight the 5 factors for why market breadth should expand in 2024 (duration: 5:16). https://vimeo. com/905795092/a736b7549b? share=copy In...
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Equity markets near-term supported by "angry bears" but Jan CPI is important. Multiple factors still support upside though. 49ers win better for markets, FYI.
VIDEO: With S&P 500 at 5,000, we highlight the key drivers around markets and most remain supportive, except for the unknown leanings of the Fed in coming weeks Please click below to view our Macro Minute (duration: 5:48). https://vimeo. com/912102451/b3338d44f9? share=copy The S&P 500 closed decisively above 5,000 in the...
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GRANNY SHOTS: Jan 2024 rebalance +10 adds. NEW SMID Granny Shots +46 stocks. January Super and Sleeper Grannies. WEBINAR WED!!!
Today, 1/17, at 2pm ET we update our Granny Shots. If you have not yet registered, sign up with the webinar block below. ________________________________________________ _VIDEO:_ _TUNE INTO OUR SUPER GRANNY WEBINAR AT 2PM. KEY THOUGHTS. EASY MONEY MADE FOR NOW. INTRODUCING PREMIERE SMID GRANNY SHOTS LIST OF 46 STOCKS. 10...
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The Dec CPI details far better…ex-auto insurance, core CPI +0.25% MoM. Inflation still falling like a rock.
VIDEO: We discuss how the Dec CPI was actually very good, only blemished by auto insurance which is now 50% of core services CPI. (Duration: 4:41). https://vimeo. com/902079043/2462ea0fdd? share=copy December CPI was released yesterday with core CPI coming in at +0.31% MoM, slightly ahead of consensus of +0.3%. Many pundits...
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Takeaways from Dan Ives fireside chat = Technology lots of visibility. 2024 still likely double-digit gains and "hot" Dec CPI on Thursday likely priced in
We are only 6 trading days into 2024, and it has been a rough start. Even yesterday, on the potential approval of a Bitcoin Spot ETF approval, there appears to be a hack of the SEC and a false tweet was posted. The last few years have shown that the...
- Alert
INTRADAY ALERT: Solid Dec Jobs report adds concerns Fed "higher for longer" and adds to misery of early 2024. Just a reminder 1H24 is likely tough.
The first 4 trading days of 2024 have been a terrible start for equities with S&P 500 ($SPY) down -1.6% and the Russell 2000 (small-caps, $IWM) down -3.5%. As our members are aware, for the last few years (the case for longer), the year tends to play out in January....
