PAMC News and Press, Pacer Lunt MidCap Multi-Factor Alternator From 10/03/23

2023-10-03 03:35:00 ET Summary September featured rising stock market volatility and wild action in yields, commodities, and currencies. Two preliminary earnings announcements flew under the radar. Nucor and US Steel voiced differing messages on the state of cyclical steel dem...

2023-10-02 22:45:00 ET Summary The high in 10-year Treasury yields last week was 4.688% on no significant bad news for bonds. In the end, this selloff in both bonds and stocks could very well be attributed to the Federal Reserve as one of the major drivers. The present pace of...

2023-10-02 19:20:00 ET Summary The S&P 500 dropped 0.7% from its previous week's close to end the third calendar quarter of 2023 at 4288.05. The main reason the market fell during the final week of 2023-Q3 is the developing consensus the Federal Reserve will hold interest rate...

2023-09-30 10:29:39 ET Summary The Treasury market is leading the equity market, with the long-term yield rising to its highest level in 16 years. The stock market is being influenced by the Treasury market, therefore, investors should pay more attention to bond market movements. ...

2023-09-29 19:50:00 ET Summary Today, the last trading day of September ’23 and the 3rd quarter, and given the tough August and September, the S&P 500 earnings yield has jumped to 5.43%, a level not seen since mid-May ’23. The expected 4th quarter ’23 S&am...

2023-09-28 13:30:00 ET Summary The history of the yield curve shows that it rises prior to rises in equity indices. The interpretation requires looking at the pricing and the impact of individual issues in the S&P 500. Energy, commodity and industrial issues have been risi...

2023-09-27 03:35:00 ET Summary Interest rates are likely to remain higher for longer on the heels of better-than-expected growth. Fixed income remains our highest-conviction trade, although we see select opportunities in high-quality equities such as energy and industrials. We...

2023-09-25 21:10:00 ET Summary When I drew the neckline on an obviously forming head-and shoulders top here a week ago, I did not know for sure that we would close below the neckline of that topping pattern last Friday. I don’t like the fact that the broadening of the stock...

2023-09-25 04:59:00 ET Summary Higher for longer means the Fed could maintain the fed funds rate at its current level and let the economy weaken in order to get inflation down to the 2% range. If crude oil and the dollar break lower, it might bring the 10-year Treasury yield back ...

2023-09-24 00:13:00 ET Summary We are cautiously optimistic for Q4 2023. Stock markets turned decidedly more upbeat in July as many strategists adjusted their projections away from recession and toward a “soft landing” scenario for the U.S. economy. Generative AI...