IVE News and Press, iShares S&P 500 Value From 01/30/23

Summary Better days are ahead for the markets in 2023, although not necessarily for the economy. The economy has not yet felt the full brunt of all of the Federal Reserve's aggressive tightening measures of 2022. Interest rates are likely to rise slightly higher, remain elevated, an...

Summary The Fed to signal an end to the interest rate hiking campaign. The economy could be in a recession already for 2023 Q1. The stock market is now more overvalued than in January of 2022. Market expectations vs the Fed's guidance The FOMC is scheduled to meet for ...

Summary The S&P 500 has broken trendline resistance and is above all its daily moving averages. The technical outlook is increasingly bullish. However, bears still have a chance and will pin their hopes on the FOMC meeting reversing the rally. Not all break-outs succeed. ...

Summary Given price action and market breadth, I’m still leaning positive for the S&P 500 to definitely break the downtrend line in place since January ’22. The PE ratio on the S&P 500 jumped to 18x this week after the weekly 2.5% rally, up from the 17.5x last week...

Summary We expect a shift in the messaging towards monetary policy at the February 2nd Fed Meeting which can work as a catalyst for risk assets. The latest December PCE data showed inflation ended 2022 well below the Fed's forecast from the last FOMC. We highlight ongoing themes dur...

Summary The one truism which holds is that share prices and investor behavior do repeat even though the context is unique. The one element we can count on is that high pessimism is reflected in stock prices and other indicators with which investors can use to gauge market lows. One ...

Summary While many have their eyes fixated on a “Magical Trendline”, the rest of world has broken above. Canada signalled a PAUSE at its current rate while the Bank assesses the full impact (lagged effect) of its hikes. AAII Sentiment Survey result, Bullish Percent tic...

Summary While the US economy remains in growth territory this year, the odds are rising that it will stumble into a recession during 2023. 2022 was a down year for most asset classes, with the FOMC raising the Fed funds rate by over 400 bps while battling inflation. We expect the cr...

Summary It goes without saying that the early stage of every large rally contains a break above resistance and the early stage of every large decline contains a break below support. During the course of the 2000-2002 bear market, the SPX broke above a downward trend line that is not unl...

Summary Conventional wisdom these days is that in order for the Fed to bring inflation down, they are going to have to kneecap the economy. Looking back at last year as a whole, real GDP shrank at a 1.1% annualized rate in the first half of the year, and grew at a 3.1% annualized rate i...