Market On Open - Monday 25 March
DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Cestrian Capital Research, Inc., its employees, agents or affiliates, including the author of this note, or related persons, may have a position in any stocks, security, or financial instrument referenced in this note. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice. Companies referenced in this note or their employees or affiliates may be customers of Cestrian Capital Research, Inc. Cestrian Capital Research, Inc. values both its independence and transparency and does not believe that this presents a material potential conflict of interest or impacts the content of its research or publications.
From Here To The Election
by Alex King
So, the Fed has declared that it’s not going to whack-a-mole inflation; earnings growth appears to be holding up well; sentiment is rising (look at the increasing number of elevated year-end S&P500 targets in the news); for me this means I remain cautiously bullish from here towards year end. Of course the guiding light is that nobody with their hands anywhere near power wants to do anything that might actually upset or be seen to upset the course from here to the election.
Below we run through our usual charts - we cover the US 10-year yield, the S&P500 in three incarnations (SPY, ES, UPRO), Nasdaq, the Dow and the Russell ditto (unlevered ETF, futures and 3x leveraged ETFs in each case) - plus some sector-specific levered and unlevered ETFs. We do this daily for our paying members here, whether you are a member of the Inner Circle or our Market Insight membership tiers.
If you’ve yet to sign up for one of the paid tiers here? You can do so from the links below. The signup links below will give you the options, but if you have any difficulties signing up, you can reach us right here.