ONEQ News and Press, Fidelity Nasdaq Composite Tracking Stock From 03/27/23

2023-03-27 08:00:00 ET Summary I don’t think there is a financial reason to withdraw your funds from a small bank, especially if your deposits are below the FDIC limit. The fall in interest rates due to economic growth concerns has seen investors shift back to the assets th...

2023-03-20 14:58:00 ET Summary As of Friday’s close, QQQ actually finished in overbought territory whereas many other major index ETFs were oversold. Historically, the major indices, namely the S&P 500 and Nasdaq, tend to trade at similar overbought and oversold levels....

2023-03-18 02:14:07 ET Summary High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long leading, short leading, and coincident indicators. Several important coincident indicators - tax withholding and temporary staf...

2023-03-18 01:20:49 ET Summary The recent weakness in the banking system demonstrates just how fragile it is. We have yet to see the full impact of higher interest rates in the economy, but earnings have already started to decline. The market's earnings expectations for the S&...

2023-03-11 02:24:27 ET Summary The Fed “pivot” which is “higher for longer” and the implications. We believe that the Fed is well aware of the need for a continued hiking process and therefore staying “higher for longer”. Volatility mo...

2023-03-07 16:18:00 ET Summary When the market first bottomed in the spring of 2020, the initial rally was driven by technology and growth companies. While a slower economy and a less hostile rate environment favor growth, the value differential still tilts toward value. For i...

Summary For the month of February, the S&P 500 Total Return Index ended down -2.4%. What disrupted the January rally? During the month, we received some affirming data that the economy may be on firmer footing than economists previously thought. But markets are worried that such str...

Summary Classic inflation hedges still play vital roles in inflation-protection strategies. Investing in future-resources equities requires balancing forward-looking optimism with pragmatism. Style-balanced construction would require more trading and rebalancing than a simple cap-we...

Summary US growth stocks were hit hard in last year’s downturn, with the mega-caps accounting for nearly half of the market’s decline. Some mega-caps will retain dominant business positions and may continue to offer attractive investing opportunities. By positioning be...

Summary When the market peaked in January 2022, everyone was exceedingly bullish, and no one was looking for a 20% decline. Retail investors have sharply increased their equity allocations over the last couple of months, dropping their cash holdings sharply. From a contrarian viewpo...