FFTY News and Press, Innovator IBD 50 From 09/23/23

2023-09-23 03:05:00 ET Summary Bonds for safety and equity for growth – this is the basic formula for long-term investment planning, the essence of portfolio construction around a client’s specific return objectives and risk tolerance. Admittedly, we don’t int...

2023-09-22 01:10:00 ET Summary One could use the word anomaly for Q3 of the stock market. S&P 500 performance for the first two months of the quarter was driven by the “magnificent seven” large-cap tech-oriented stocks. In my opinion, the issue of concentration v...

2023-09-21 03:00:00 ET Summary August was an interesting month in the US sovereign bond markets. The first half of the month was characterized by higher bond yields, with the US 10-year Treasury yields reaching its highest level since 2007. Today, investors are being compensated t...

2023-09-18 22:35:00 ET Summary As the 10-year yield moved up from 3.25% in the spring to 4.35% recently, the stock market generally ignored rising bond yields. If the S&P 500 has risen this far without a considerable rise in earnings, as interest rates are also rising, the dis...

2023-09-18 19:15:00 ET Summary If investors in the S&P 500 were looking for direction from the newstreams for how to shape their portfolios, they didn't find much to influence them. The S&P 500 wrapped up the week at 4450.32, down 0.16% from where it closed the week before...

2023-09-15 21:25:00 ET Summary Walmart is now trading at an all-time-high, although the so-called breakout above the May ’22 highs around $160 has been on below-average volume. For fiscal year ’24 and ’25, WMT has seen EPS estimates get cut 2% for fiscal ...

2023-09-11 23:35:00 ET Summary Market sentiment has improved from record lows of early June ’23 using the S&P 500 Net Non-Commercial Futures Positions (weekly data from Feb 2015) as the measure. The spike in the T-Bill rate (3mo) made little sense unless one viewed this...

2023-09-11 15:06:00 ET Summary The S&P 500 index declined by 1.3% during the trading week ending on Friday, 8 September 2023, closing out the Labor Day-holiday shortened week at 4457.49. The biggest trouble for the S&P 500 came on Wednesday, 6 September, when news came Chi...

2023-09-11 10:05:00 ET Summary August CPI, due 9/13/23, becomes another focal point / the inflection point du jour. A look back on US rate structure gives perspective (higher for longer?). Still very constructive on the market with caveats on sector and valuation. Fo...

2023-09-08 21:55:00 ET Summary Ford’s annual return since 1990 was surprising, and wasn’t too far short of the S&P 500’s for the last 33 years. Looking at Morningstar financial data on US Steel, from 2013 to 2023, 4 of the last 10 years have seen substanti...