PAMC News and Press, Pacer Lunt MidCap Multi-Factor Alternator From 12/25/23

2023-12-25 03:12:00 ET Summary Calendar 2023 is a perfect example of the S&P 500 returning 24-25%, with one week left in the year, while S&P 500 earnings are up just 2% before we’ve seen Q4 ’23 earnings. There is no question that 2023 is a year of P/E expansi...

2023-12-24 01:02:00 ET Summary The S&P 500's 10-day advance-decline line has shown positive readings 57.9% of the time in 2023 and is right in line with the annual average dating back to 1990. The 10-day advance-decline line has pretty consistently sat at least one standard de...

2023-12-21 15:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-12-19 04:08:00 ET Summary The SPX index closed out the week at 4719.19, almost a 2.5% increase over where it closed the previous week. After the bulls were let loose on Wednesday, the S&P drifted slightly higher through the rest of the week as Fed officials sought to walk...

2023-12-16 07:10:00 ET Summary Speculative bubbles collapse when investor psychology shifts from speculation to risk-aversion. The uniformity of market internals is a key gauge of speculative psychology and market conditions. Current market internals remain divergent, indicati...

2023-12-16 03:00:00 ET Summary Fed Chair Jay Powell's recent pivot suggests that three rate cuts of 0.25 percent each are now the base case for the Fed's planning purposes. The unexpected pivot has led to a surge in investable assets and positive seasonal vibes in the market. ...

2023-12-16 01:10:00 ET Summary With just two weekends left to shop before Christmas, US consumers have to be feeling a little more flush than they were just a couple months ago. Back in October, the stock market was in a 10%+ drawdown and interest rates looked like they might neve...

2023-12-15 20:15:00 ET Summary All 11 of the SP 500 sectors are way overbought, with the lone exception of energy, which is moving from neutral to overbought. The S&P 500’s “earnings yield” (EY) will end the week near 5.01%, its lowest print since July 28t...

2023-12-12 19:10:00 ET Summary 2024 should be another positive year for capital market returns, specifically the major equity and fixed income benchmark indices. AI is just getting started, and come May ’24, it will be 12 months since Nvidia’s absolutely “ligh...

2023-12-11 22:17:00 ET Summary The S&P 500 didn't change much during the first full trading week of December 2023. The Federal Reserve's Open Market Committee is having its final two-day meeting of 2023 this week. The Atlanta Fed's GDPNow tool's estimate of real GDP growth...