Delta driving COVID resurgence 🦠

🤷‍♂️  What market uncertainty? Investors largely shook off #InflationFears and #COVID19 resurgence sending S&P 500 for another green week. Growth rotation continues to lead market up. 🧐  Banks slide on falling yields. 10-year treasury yields slipped -10% through Thursday before rebounding +5% Friday. Bond investors likely buying up treasuries as macro uncertainty rising. Banks 🏦 dip along with rates. 🦠  Domestic cases rising Read More

Growth Firing on All Cylinders 🔥

😁 Tech is winning. Another strong market week-S&P 500 up almost +2% with Growth leading up +3%. Growth rotation led by positive M&A deal traction and antitrust case wins for #BigTech. 😺 Banks pounce on lifted restrictions. Not wasting time, banks 🏦 boosted shareholder return programs with restrictions expiring in June. Investors cheered strong boosts like Morgan Stanley (doubling payout) and Read More

Inflation soars again 🛫; Investors 🥱

🤷‍♂️ Inflation hits 5% in May. Beating last month’s 13-year high of 4.2%, 12-month Consumer Price Index (CPI) growth came in at 5% for May. Surprisingly, investors mostly shrugged off any #InflationFears as 10-year treasury yields also fell -6% over the week. 🤠  Growth rotation. With a transient inflation mindset leading to falling yields, Growth names surged last week Read More

New meme trade featuring AMC 🍿

🥳  Growth resurgence fades. End of May Growth party fades in June. S&P 500 almost rose another +1% last week, but on #Flight2Safety Value names. Growth underperformed relative to overall market, but still up. 🇺🇸  Domestic recovery keeps rolling. More #COVIDRecovery momentum with surging demand and travel volume, but also growing pains from supply and labor shortages. ️🎭 AMC’s Wide Ride. New #GameStonk AMC Read More

Parade of Beats Drive Growth Rally 🥁

🥁  Growth relief rally. Strong week for high-growth names with a relief rally on strong #earnings. Bucking April’s overvalued mentality, last week saw a parade of strong beat and raises with investors getting bullish on growth again. Growth up +2% last week. 💪 Markets up on recovery progress. S&P 500 rose +1% last week. Investors cheered #COVIDRecovery progress across stressed Read More

Risk Appetite Waning 🔻

😳 Bitcoin falls -25%. #Crypto leader Bitcoin fell -25% in past week and -50% since April all-time high. New restrictions, more regulation and nervous investors all contributing.  👟 Risk appetite waning. Overall S&P 500 only slightly down less than -1% last week, but #Flight2Safety sector rotation continues-Growth down -2% while Value up +1%.  🎭 Streaming plot twist. AT&T announced deal with Read More

Value Surging in May 💐

‍💨👟 Value rotation. With bubble fears climbing (aided by rising meme stock and joke #Crypto interest), heavy #Flight2Safety to kick off May. Value stocks up +3% MTD while Growth down slightly so far. Overall S&P 500 finished up +1%. 😰 Rising #InflationFears. Treasury Sec Yellen briefly tanked markets Tuesday saying interest rates needed to rise ‘a little bit to make sure Read More