4-Day Streak Caps Green Week 🍀

⛈  Stormy Monday. Perfect storm Monday with #CyberSecurity hack, rising #ChinaTension and ongoing #COVID19 delta surge. S&P 500 fell -2% while 10-year treasury yields plummeted -8% to start week. 🤗 Green recovery Market fear didn’t last as S&P 500 rallied +4% to finish week up +2%. Market sentiment got a boost from strong #earnings alleviating stalling #COVIDRecovery concerns. 🌳 Strong growth rotation. Growth won Read More

Market sentiment turns bearish 🐻

😷 Domestic COVID is back. After months of steadily declines, 🇺🇸 #COVID19 rising across cases, hospitalizations and deaths. Not 4th wave yet, but some counties already reimposing mask mandates. While primarily in unvaccinated areas, investors still spooked by stalling #COVIDRecovery. 💸 Is inflation really transient? Fed chair Powell reiterated transient inflation expectations after June’s 12-month CPI rose to +5.4%. #InflationFears getting louder 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

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

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

Earnings Winners 😃 & Losers 😖

💪 Domestic pandemic recovery strong. As cases continue to rise globally, 🇺🇸 #COVIDRecovery momentum strong. #Earnings winners saw reopenings and increased spending drive beats. Even #RevengeTravel got a boost with Europe likely opening to vaccinated Americans in summer. 🤢 International pandemic recovery not so much. #COVID19 continues to surge internationally with new all-time case highs. Companies with large international exposure were #earnings losers often Read More

Correcting the Correction

While markets surged today, high growth stocks had been under siege for the past several weeks. Before today, tech heavy NASDAQ fell over -10% from its peak on Feb 12 while the more diverse S&P 500 fell less than -3%. Today, NASDAQ’s Herculean rebound recouped part of the loss, but still remains down -7% from Read More