PAMC News and Press, Pacer Lunt MidCap Multi-Factor Alternator From 10/09/23

2023-10-09 21:10:00 ET Summary The stock market trended down most of last week, but investors’ animal spirits were lifted on Friday after an unexpectedly positive jobs report was released, as well as some positive earnings reports. The S&P 500 rose 1.2% on Friday to hel...

2023-10-09 15:48:00 ET Summary Investors received some of the worst possible news they could have expected on Friday, 6 October 2023. The September employment numbers were higher than expected, elevating the probability of another rate hike by the Federal Reserve before the end of...

2023-10-09 04:53:00 ET Summary For the week, the S&P 500 was up 0.5%. The best performer last week was Volatility, as investors were willing to pay higher premiums to hedge their downside risk. The S&P Top 7 mega-cap tech stocks led the market higher last week. ...

2023-10-07 02:14:00 ET Summary In the US, even though inflation has started to decline, the Federal Reserve is struggling to quell rising prices. Stubborn inflation, high interest rates and recession fears have persisted through 2023. The technology-driven market has been extr...

2023-10-06 20:05:00 ET Summary For Q1 ’23 earnings, the “upside surprise” or beat rate for Q1 ’23 S&P 500 EPs was 6.8%. For Q2 ’23 earnings, the “upside surprise” or beat rate for Q2 ’23 S&P 500 EPS was even stronger ...

2023-10-05 22:45:00 ET Summary S&P 500 earnings kick off with the big banks and financials starting to report next week, with Friday, October 13th, ’23 being the day 4 to 5 bigger financials report. 9 of the 11 sectors for the S&P 500 saw positive revisions to expec...

2023-10-04 22:55:00 ET Summary The strike against the Big Three US automakers by the UAW and the Fed’s stating that it will be tighter for longer were all bad news items in the past month. It was a terrible month for financial assets, with big drops in broad equity indices ...

2023-10-04 04:38:00 ET Summary Another Federal Reserve meeting came and went, and policymakers opted to skip a rate hike. Contrary to public discussion, and although we have seen an improvement from its peak, inflation is not under control. As inflation, the Fed, and interest ...

2023-10-03 22:55:00 ET Summary Since January 1, 2000, through September 30 ’23, the S&P 500 has returned 6.61%, which is below average, if we looked at arithmetic returns for the S&P 500 since 1970. What should give readers pause is the annual returns for the S&...

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...