Signs of Disinflation?; Commodities Deteriorating; Another Bear Market Bounce; Pharma/Biotech Buys
A bear market bounce is underway after the SPX, QQQ, and IWM found support at their respective downtrend channels. Until these indexes can break...
350 Views
Time To Buy Bonds?
In yesterday’s Senate Banking Committee hearing, Powell brought his hawkish stance to new highs: a strong economy underpinned by healthy levels of...
408 Views
Mat-Chem Notes for the Week Ended June 19, 2022
KEY HIGHLIGHTS WTR-CMI last week. The sell-off continued last week, with the S&P 500 losing 5.8% and the broader Russell 2000 Index giving up...
642 Views
Downgrading Materials; SPX, NDX, Russell 2000 Testing Downtrend Channel Support; Biotech Buys
We remain bearish as long as the 6-8 month downtrends remain intact on the SPX, NDX (QQQ), and RUT (IWM). Bounce potential given SPX, QQQ, and IWM...
435 Views
US Small Caps Macro Buy Zone
We continue to see US equity downside risk on the back of earnings estimates seeing further downgrades. Small caps are at/near some interesting...
477 Views