NIFE News and Press, Direxion Fallen Knives From 09/13/22

Summary Stocks and bonds and commodities continued to trade and move around in price but there was no news to which those movements could be attributed. Most of what passes for news, the things people credit with moving markets on a day-to-day or week-to-week basis, is nothing mor...

Summary Energy stocks are poised to report strong earnings for the second half of 2022, while the S&P 500 is forecasted to post earnings declines. The green revolution will continue, but with barely 3% of U.S. electricity production originating from solar and wind sources, fos...

Summary The near-term future of the stock market hangs in the balance with the August consumer price index report, due out on Tuesday, Sept. 13, at 8:30 AM Eastern Time. The latest inflation report is a report card for the efforts of global central banks to rein in inflation and r...

Summary Over the present year, we have experienced record-breaking price inflation, a series of interest rate hikes, and an overall fall in stock prices. It is widely accepted that there is a bubble. A normal price-to-book ratio for the overall market should be close to one. Over ...

Summary The Federal Reserve continues to talk-up its resolve in taming inflation. While a 75 basis point increase is baked in for late September, it is likely that the November meeting brings a 50 basis point increase, which will be a positive. Stocks can go up even if rates r...

Summary For winning investment managers, one repeated characteristic is being early to recognize an investment opportunity and staying with that choice for an extended period. If one is to believe what is currently being written by many, we have seen the bottom of the US equity ma...

Summary England and Europe’s near-total reliance on Russia for their energy needs has prices spiking massively the last several months. We are starting to see the latest government bailouts - those of utilities. We feel that the only real consequential downside moves in the...

Summary The U.S. stock market found some renewed life late last week. Despite the recent rally, anticipate more U.S. stock downside ahead. Technical resistance remains heavy. Fundamental challenges remain, including a renewed and persistent widening in CCC and lower spread...

Summary After a sharp decline, the US equity market appears to be in the process of emerging from oversold technical conditions and from behavioral conditions characterized by unusually intense bearishness. We expect US macroeconomic data in the next few weeks to be supportive of ...

Summary The 2022 bear market cycles continue to track the 2008 cycle close. The cycles suggest this may be one of the most pivotal weeks of the year. At the same time, we get the all-important CPI report. If history has any say, this week may be one of the most pivot...