Clocktower Group’s Post

CNN Business | Nicole Goodkind "The “October Effect": Several historic stock market crashes have haunted the autumnal month. Black Tuesday, the 1929 market plunge that led to the Great Depression, 1987’s Black Monday and the beginnings of the 2008 financial crisis all took place in October." #investmentplanning #wealthmanagement #inflation #volatility #financeandeconomy #stockmarket #interestrates https://lnkd.in/dSiAavWC

🚀 **Market Meltdown or Rally Road? Navigating Today's Financial Wild West** 📉 Hey everyone, let's dive into the rollercoaster ride the market is offering us right now. Have you caught wind of the bizarre flux from plummeting darlings to soaring survivors? It's one of those "grab-your-popcorn" moments in the financial universe. Here's the lowdown: With 10 out of 11 sectors finishing in the green and the Bank of Canada playing it cool on rate cuts, the atmosphere feels like a suspense thriller, with market analysts and investors perched on the edge of their seats. Jerome Powell's congressional testimony didn't promise smooth sailing ahead, but the mere hint of a June rate cut had everyone buzzing. But here's what's really interesting: The Honest Company, a beaten-down stock, skyrocketed by 30% after exceeding expectations, while Abercrombie & Fitch took a nosedive despite outperforming estimates. It's a market enigma, emphasizing the unpredictable heartbeats of retail giants like Foot Locker and Victoria’s Secret, both of which took a nearly 30% hit after disappointing earnings. Switching gears to the broader scene, remember last year's bank chaos? Well, New York Community Bancorp's recent freefall and miraculous recovery post-financing deal is this year's March Madness off the court. The financial sector is on a tightrope, with the specter of last year's bank failures haunting the corridors of Wall Street. Lastly, amidst these tumultuous tides, JD.com's rally signals a potential resurgence for the Chinese market, or at least a temporary reprieve from the bear's clutches. Meanwhile, Palantir Technologies grabs the spotlight with a hefty Army contract, stirring up the stock's momentum. 📊 #MarketMadness #EconomicRollercoaster #FinanceFrenzy In a world where yesterday's heroes become today's zeros, and vice versa, keeping a finger on the pulse of these market movements is crucial. Whether it's regional banks weathering the storm, retail juggernauts juggling growth and expectations, or tech giants clinching game-changing contracts, the narrative is anything but dull. Buckle up, folks—it's a wild ride in today's financial frontier!

🏄♂️ Ride the Wave or Buck the Trend: How Will You Play This Week's Volatility❓ 🔗 https://buff.ly/3SiYfiq 🚨 Politics and economics intersecting today impact financial markets. Increased uncertainty causes market volatility, affecting stock prices and interest rates. Stay informed, stay prepared, and let’s navigate these challenges together. 💪💼 📈 TRADE OF THE WEEK - JPMorgan Chase & Co. (JPM) #Investing #MarketVolatility #FinancialMarkets #FinancialNews #PoliticalEvents #EconomicReports #RiskManagement #StockMarket #Finance #EarningsSeason #Democracy #StayInformed

“In any given year there’s a 40% chance you’ll hit a recession and right now a soft landing is still on the table,” said Que Nguyen, CIO of Equity Strategies on the current state of the market. “Equities will actually see through higher rates as long as earnings remain decent and so far, they've been pretty resilient.” Que joined Romaine Bostick, CFA and Sonali Basak at the Bloomberg NYC studio this week to discuss the importance of quality valuations, her take on earnings growth and the overall macro environment. Watch the full episode of Bloomberg’s The Close here: https://lnkd.in/eWJjy9TW #RAInsights #ValueInvesting [Disclosures: http://bit.ly/3hT1PuD]

For professional investors only. Capital at risk. This week, the midweek market update comes from (a busy — forgive the noise) Manchester, where Paul Skinner and Campe Goodman are on the road. While we unfortunately don't have any insights on the outcome of tonight's game, we do have some thoughts on Q1's fixed income market rally and how tighter spreads and a flattening of the disinflation trend could evolve the picture in Q2. Learn more: https://lnkd.in/gEyVa3kG

A Look Into the Markets.

📉 Wall Street’s Horrendous Track Record Continues in 2024 📉 Wall Street loves to guess, but predicting the market is a tricky game. Here’s a snapshot of Wall Street Strategists' S&P 500 forecasts for 2024, published in late December 2023: 🔮 Wall Street Strategists’ S&P 500 Outlooks 🔮 🔹Bank of America 5,000 🔹Barclays 4,800 🔹BMO 5,100 🔹Cantor Fitzgerald 4,400 🔹Citigroup 5,100 🔹Deutsche Bank 5,100 🔹Evercore ISI 4,750 🔹Fundstrat 5,200 🔹Goldman Sachs 5,100 🔹JPMorgan 4,200 🔹Morgan Stanley 4,500 🔹Ned Davis Research 4,900 🔹Oppenheimer 5,200 🔹RBC Capital Markets 5,000 🔹Scotiabank 4,600 🔹Societe Generale 4,750 🔹Stifel Nicolaus 4,650 🔹UBS 4,850 🔹Wells Fargo 4,625 🔹Yardeni Research 5,400 The median forecast called for the S&P 500 to close 2024 at 4,875. Fast forward to the halfway point of 2024, and the S&P 500 stands at 5,460! 📈 Interestingly, the most bearish prediction came from JPMorgan, forecasting a drop to November 2023 levels (4,200). They’re sticking to their guns even now. 💡 The Takeaway? It might be wise to maintain an independent outlook when crafting your investment strategy. These forecasts could be why there's still over $6 trillion in cash and money market funds sitting on the sidelines. 🌐 Stay smart, stay independent, and keep your investment strategy in check! #SmartInvesting #IndependentThinking #RedwoodAdvisoryGroup #FinancialAdvisory #InvestmentStrategy Source: Bloomberg’s ANR data, news stories. Data aggregated on December 19, 2023.

As we near the halfway point of 2024, there’s a lot to digest in the financial markets. Jay Woods, Chief Global Strategist at Freedom Capital Markets provides a look at what traders should be focusing on as we wrap up the first half of the year. From sticky inflation to tech sector rallies, here's what you need to know. Market overview and highlights This year has been eventful, with some key highlights grabbing the financial headlines. Inflation has remained stubbornly high, defying expectations of rate cuts. More at #Proactive #ProactiveInvestors http://ow.ly/hUYJ105xSJH

New episode! CAP STRAT’s Mike Warford, CFA, and Mike Rarey, CFA, offer an insightful market analysis to help you navigate the ever-changing financial landscape. This month: – The importance of the labor market to the Fed and markets right now – Risk of a recession as unemployment ticks up – Earnings expectations: Magnificent 7 vs. other 493 – Concerns about high equity concentration and why Mike says, “This is pretty crazy.” – Predicting the Next President with data – A preview of the next Deep Dive by CAP STRAT ***WATCH NOW: https://bit.ly/3Y12hj4

So much happening in the markets! Don't miss out - be sure to watch this dynamic conversation between my CAP STRAT colleagues, Michael Rarey, CFA and Michael Warford, CFA. #financialinsights #Economy #financialmarkets CAP STRAT Women's Forum