SMLE News and Press, Xtrackers S&P SmallCap 600 ESG ETF From 10/24/22

Summary One of the things we are watching to help us know when it’s time to pay attention is this current range on the daily chart of stock indexes. Energy’s strength is clear, with 0% of stocks in the sector near 52-week lows, and 100% of those stocks in intermediat...

Summary I have said for weeks that the Fed needs to slow the pace of its tightening campaign. Powell apparently decided last week that the market was taking things too far. Corporate earnings are being released for the quarter and, so far, they aren’t that bad. It w...

Summary Fed Dot Plot told us that they intend to take short rates to 4.6% by early next year. Highest expectations for Recession since Apr 2020 and March 2009 (stock market bottom was already in in both cases). The “pain trade” is up because no one is positioned ...

Summary We have been of the thought process that we either begin a bear market rally here or the stronger dollar and Fed policies break something and the selloff continues into year-end. The year-end selloff scenario depends on the Fed breaking something with their interest rate p...

Summary Correlations are not something I suggest investors/traders follow. The bulls are still in the game, and are setting up for higher levels in the coming weeks. My next target is the 3900-4000SPX region. I know that many of you trade “correlations.”...

Summary Stocks finished the week of October 21, 2022, in a precarious spot. The market was trading sharply lower before the opening of trading, and a headline turned the tide. If the rally from last week is real, the bulls will need to prove it. It was yet another vo...

Summary Why we may be facing a calamitous recession vs a run-of-the-mill one. The Fed's next move on rates may be more important than others. Is it time to start reflecting on the impact rates are having on the real economy? The U.S. Federal Reserve has been ...

Summary Investors might be hard-pressed to find any silver linings amidst the wreckage of the current market downturn. In the past, there’s typically been a perception that companies with smaller market capitalizations are more leveraged than large caps and may face difficu...

Summary Everyone now knows that as interest rates rise, stock price falls. The RPF model quantifies and explains the impact of earnings and long-term Treasury expectations on the S&P 500. With the end of quantitative easing, long bond rates are no longer artificially depressed...

Summary Europe’s energy security and decarbonization goals will spur R&D in cleantech, solar in particular. We expect further easing of monetary and fiscal policies to boost growth prospects and earnings expectations, and possibly trigger a rebound in Chinese equities. ...