SPGP News and Press, Invesco S&P 500 GARP ETF From 09/13/22

Summary Gold has nearly kept pace with equities, but there have been periods when equities have performed much better than gold. The S&P 500 to gold ratio can be a useful tool to measure investor sentiment around stocks and gold. Could we be on the precipice of another per...

Summary The S&P 500 quickly recovered from the outbreak of geopolitical noise originating from the Eurozone in the previous week, rising 143.10 points (+3.6%) to end the Labor Day Holiday-shortened trading week at 4,067.36. The change puts the level of the index back within th...

Summary Energy stocks are poised to report strong earnings for the second half of 2022, while the S&P 500 is forecasted to post earnings declines. The green revolution will continue, but with barely 3% of U.S. electricity production originating from solar and wind sources, fos...

Summary The near-term future of the stock market hangs in the balance with the August consumer price index report, due out on Tuesday, Sept. 13, at 8:30 AM Eastern Time. The latest inflation report is a report card for the efforts of global central banks to rein in inflation and r...

Summary Over the present year, we have experienced record-breaking price inflation, a series of interest rate hikes, and an overall fall in stock prices. It is widely accepted that there is a bubble. A normal price-to-book ratio for the overall market should be close to one. Over ...

Summary The Federal Reserve continues to talk-up its resolve in taming inflation. While a 75 basis point increase is baked in for late September, it is likely that the November meeting brings a 50 basis point increase, which will be a positive. Stocks can go up even if rates r...

Summary For winning investment managers, one repeated characteristic is being early to recognize an investment opportunity and staying with that choice for an extended period. If one is to believe what is currently being written by many, we have seen the bottom of the US equity ma...

Summary England and Europe’s near-total reliance on Russia for their energy needs has prices spiking massively the last several months. We are starting to see the latest government bailouts - those of utilities. We feel that the only real consequential downside moves in the...

Summary Market sentiment is a strong driver of market price and direction. We utilize our Fibonacci Pinball method of Elliott Wave analysis to identify major turning points in the market. The market is approaching a major crossroad, which will resolve with a 500+ point move. ...

Summary The U.S. stock market found some renewed life late last week. Despite the recent rally, anticipate more U.S. stock downside ahead. Technical resistance remains heavy. Fundamental challenges remain, including a renewed and persistent widening in CCC and lower spread...