House of Market Insights, Market Radar

Market Radar

House of Market Insights

Quick market updates and lot of ideas for your investments from a multi-asset portfolio manager working for a family office.

Quick Market Updates

Technical Analysis

<ul>
<li>Above you can see the chart of the S&amp;P 500, and the Fibonacci Retracement of the index. There is a big support at 3,800, where the index already bounced in mid-May.</li>
<li>Apple reacted quite good to January market sell-off, but then the stock surrendered to the bears. From a 180$ high, the share lost almost 25%, and now it is close to a critical support at 135$.</li>
<li>The sentiment look very bad right now, and it is very likely to see a bearish breakout.</li>
</ul>


Above you can see the chart of the S&amp;P 500, and the Fibonacci Retracement of the index. There is a big support at 3,800, where the index already bounced in mid-May.
Apple reacted quite good to January market sell-off, but then the stock surrendered to the bears. From a 180$ high, the share lost almost 25%, and now it is close to a critical support at 135$.
The sentiment look very bad right now, and it is very likely to see a bearish breakout.


High Quality Stock Setups, Weekly Stock Bull Finder

Weekly Stock Bull Finder

High Quality Stock Setups

Finding high potential stock setups on quality companies

Thematic (Sector/Industry)

<ul><li>The market continues to have difficulty finding its footing after yet another hot CPI inflation print on Friday which will result in additional Federal Reserve monetary policy tightening.</li><li>Currently, the market is having trouble sorting out when inflation may be peaking and when the Federal Reserve may be able to pull back on their aggressive monetary tightening cycle.</li><li>Is anyone really surprised that inflation prints continue to make new highs when Americans are seeing it all the time in their everyday lives and throughout various aspects of the economy?</li></ul>

The market continues to have difficulty finding its footing after yet another hot CPI inflation print on Friday which will result in additional Federal Reserve monetary policy tightening.Currently, the market is having trouble sorting out when inflation may be peaking and when the Federal Reserve may be able to pull back on their aggressive monetary tightening cycle.Is anyone really surprised that inflation prints continue to make new highs when Americans are seeing it all the time in their everyday lives and throughout various aspects of the economy?

<ul><li>The price of crude oil is up for 6 months in a row, the second longest winning streak since 1983. </li><li>Retail gas prices are about to surge yet again. RBOB closed at $4.30 on Friday indicating that the national US regular gasoline will likely surge to a $5.15/gallon by July 4th.</li><li>The AAA US national average price of a gallon of gas has risen 4 cents or more for 3 straight days. </li></ul>

The price of crude oil is up for 6 months in a row, the second longest winning streak since 1983. Retail gas prices are about to surge yet again. RBOB closed at $4.30 on Friday indicating that the national US regular gasoline will likely surge to a $5.15/gallon by July 4th.The AAA US national average price of a gallon of gas has risen 4 cents or more for 3 straight days. 

Founder, Market Thinker

Mark Tinker

Founder

Market Thinker

Mark Tinker has over 35 years experience as an investor, market strategist and economist. Having spent more than 20 years as a sell side strategist and being top rated on numerous occasions and surveys he moved to investment management in 2006 to run global equity portfolios in London and subsequently moved to Hong Kong in 2013 to help establish an Investment Management business for a top 20 international asset manager. He first started writing investment weeklies for his employers in 1989, developing a style characterised under the title Market Thinking and has been a regular commentator and presenter on CNBC, Bloomberg and other business channels, where his approach of rationalising market behaviour rather than making short term predictions on high frequency market data provides a welcome balance to his client audience.

Making Sense of the Narrative

Macroeconomics

<ul><li>The market fall this year has been steady and relentless rather than a panic crash, and last month the Sell in May mantra cut through and markets switched to bear market behaviour of selling rallies and not buying dips</li><li>Much of this we believe has been associated with leveraged structures unwinding, combined with fund redemptions, especially in tech, reversing the ‘upside crash’ of last year</li><li>Confidence is picking up slightly, but the Fed is key, in particular the extent to which it actively want the markets lower</li></ul>

The market fall this year has been steady and relentless rather than a panic crash, and last month the Sell in May mantra cut through and markets switched to bear market behaviour of selling rallies and not buying dipsMuch of this we believe has been associated with leveraged structures unwinding, combined with fund redemptions, especially in tech, reversing the ‘upside crash’ of last yearConfidence is picking up slightly, but the Fed is key, in particular the extent to which it actively want the markets lower

The S&amp;P 500 gained 6.6% this week, snapping a 7-week losing streak, and posted its biggest weekly gain since November 2020.It remains to be seen if this is beginning of a bear market bounce or something more sustained.Keep in mind that while the Federal Reserve has raised interest rates (and will continue to do so until inflation is lowered), the shrinking of the Fed balance sheet has not yet started and will begin in June.

The S&amp;P 500 gained 6.6% this week, snapping a 7-week losing streak, and posted its biggest weekly gain since November 2020.It remains to be seen if this is beginning of a bear market bounce or something more sustained.Keep in mind that while the Federal Reserve has raised interest rates (and will continue to do so until inflation is lowered), the shrinking of the Fed balance sheet has not yet started and will begin in June.

United States

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities and serves as the foundation for a wide range of investment products. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

S&P 500 INDEX (SPX INDEX)

Charts to watch #5

Above you can see the chart of the S&P 500, and the Fibonacci Retracement of the index. There is a big support at 3,800, where the index already...

Market Radar

Weekly Stock Bullfinder - Week of 6/13

Currently, the market is having trouble sorting out when inflation may be peaking and when the Federal Reserve may be able to pull back on their...

Weekly Stock Bull Finder

Weekly Stock Bullfinder - Week of 6/6

The price of crude oil is up for 6 months in a row, the second longest winning streak since 1983. $USO is up 85% during this period while natural...

Weekly Stock Bull Finder

June Market Thinking

Slightly More Confident The market fall this year has been steady and relentless rather than a panic crash, and last month the Sell in May mantra...

Mark Tinker

Weekly Stock Bullfinder - Week of 5/30

The S&P 500 gained 6.6% this week, snapping a 7-week losing streak, and posted its biggest weekly gain since November 2020.

Weekly Stock Bull Finder