Throughout this bull market, stock investors have bemoaned an incessant lack of breadth. Leadership has been remarkably narrow. The S&P 500 index has persistently dominated the overall stock market and a small subset of its members – the Mag7 – has constantly dominated the overall S&P 500! Bull markets traditionally are driven by optimism and animal spirit behaviors which generally…
Breadth-less Market & The Fed
A financial market resource for the every-day investor and trader.
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J.P. Morgan & Merrill Lynch Lay of the Market Land
Seth Golden, , Research Reports, 0
Volatility Review Monetizing the convexity risk premium, US structuredproduct dynamics, Positioning update Implied convexity continues to exhibit very high...
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Capital Economics: Three key lessons on geopolitical risk and markets
Seth Golden, , Research Reports, 0
The war between Hamas and Israel – and the potential for escalation to the wider region – has increased...
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Morgan Stanley: Weekly Warm-up: The Hall of Mirrors Requires a Strong View and Clear Vision
Seth Golden, , Research Reports, 0
Bear markets are like a Hall of Mirrors, designed to confuse investors and take their money. Trust YOUR fundamental...
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Earnings Review: Target’s 3rd Quarter Beats Overshadow Negative Sales Growth
Seth Golden, , Research Reports, 0
Last week, Target Corp. (TGT) reported stronger than expected earnings and revenues. This sent shares of TGT higher as...
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Big Tech Earnings Amidst Record-Level Hedging Activity
Seth Golden, , Research Reports, 0
It was a big “nothing burger” for investors in the equity markets last week, as by and large the...
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Still Growing, In Spite of Geopolitical Headwinds
Seth Golden, , Research Reports, 0
Well, that was much to do about nothing given the anticipation that came ahead of the trading week. When...
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Merrill Lynch: Volatile Times Ahead
Seth Golden, , Research Reports, 0
Macro Strategy—Volatile Times Ahead: Untethered money-supply fluctuations have created a new, more volatile environment for asset allocation. Until the...
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S&P 500 Closes Above 2800 With Earnings Season Kicking Into High Gear
Seth Golden, , Research Reports, 0
Last week, the Q2 2018 reporting cycle kicked-off with some of the big banks reporting quarterly results. JP Morgan...
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