NVQ News and Press, QRAFT AI-Enhanced U.S. Next Value ETF From 10/17/23

2023-10-17 22:25:00 ET Summary In this note, we look at the Mag-7 group in more detail and preview growth expectations heading into the quarter. Mag-7 earnings for Q3 are forecasted at $72.3 billion (+35.9% y/y, +5.2% q/q) while revenue is forecasted at $364.5 billion (+11.3% y/y,...

2023-10-17 02:10:00 ET Summary The current war situation is moving oil, bonds and stocks, as the worst-case scenario is a massive oil price spike, which overrode bottoming action in the stock market. A worst-case scenario would be bullish for bonds, no matter what happens to the p...

2023-10-16 20:00:00 ET Summary The economically-sensitive Russell 2000 stock index (RUT) has given back all of its early 2023 rebound and is now negative year to date. The US small-cap 600 index (SP600) is 20% lower than its November 1, 2021 cycle peak and 2.8% higher than five ye...

2023-10-16 19:25:00 ET Summary One aspect of the equity market advance this year is investors' heightened focus on a handful of stocks some are referring to as the Magnificent Seven. Year to date through Friday's market close, the combined average return for these seven stocks is ...

2023-10-16 12:52:00 ET Summary Considering the outbreak of geopolitical events in the past week, it may be surprising that the S&P 500 end the week higher than it closed in the previous week. The latest update for the alternative futures chart shows the S&P 500's trajector...

2023-10-16 11:05:00 ET Summary Our proprietary signal has flashed red twice in the last several weeks. Does the double signal something more ominous approaching? The Fed pointed to the soaring 10-year yields and term premiums as indicators that its job of tightening monetary polic...

2023-10-16 03:51:00 ET Summary Current 2024 EPS estimates expect 10%-12% S&P 500 EPS growth next year, after 1%-2% growth this year. The forward 4-quarter estimate fell last week to $239.22 from the prior week’s $239.93 and June 30th’s $224.01. Inflation data...

2023-10-12 04:19:00 ET Summary The first half of the year has been far better than expected when comparing expectations at the start of the year which was a more doom and gloom narrative along with the possibility of an earnings recession. For the first time in six quarters, earni...

2023-10-10 00:30:00 ET Summary Few investors know that the notional dollar value in daily futures trading exceeds that of the cash trading at NYSE. The declines in S&P 500 futures in September have had a high correlation with the direction of the moves of the 10-year Treasury ...

2023-10-09 23:21:00 ET Summary For the past 30 years, implied volatility and yield curves have been locked in a repeating cycle. S&P 500 options volatility appears to alternate between high and low volatility regimes. Implied volatility on S&P 500 options has been exce...