SPGP News and Press, Invesco S&P 500 GARP ETF From 12/29/22

Summary The second half of 2022 was historic for the US housing market. Transaction volumes froze and prices started to decline. A review of the 2022 housing market and what to expect in 2023. The first half of 2023 will look like the second half of 2022. Slow/declining hous...

Summary Initial jobless claims have not been of particular interest recently as the weekly indicator has seen choppy week-to-week moves that have yet to set any major new high or low. On a non-seasonally adjusted basis, claims tend to drift higher at the end of the year and into the new...

Summary Seeking Alpha have asked contributors to make a forecast of S&P 500 index level at end of 2023. The basis of forecasting is fairly prescriptive, requiring an estimate of S&P 500 average multiple applied to an estimate of S&P 500 average earnings, to arrive at market ...

Summary Although the S&P 500 gapped up at the open, it has traded lower throughout the morning. The final week of the year has not been an overwhelmingly positive period for equities. This is also typically the quietest period of the year. Since 1994, average volume in the final...

Summary Reserve balances have fallen sharply over the past week. With the reverse repo facility likely to see a big surge this week, reserve balances could drop further. Falling liquidity and rising rates could push stocks sharply lower. If you have been looking for that S...

Summary Technology suffered badly from compares against 2021 results. Currency can impact expenses as well as revenue, and that translation impact on expenses is not always detailed or quantified in an earnings release. The tech weakness and higher Treasury yields are resulting in s...

Summary One does not need to know the news to be able to invest/trade profitably. The market has been holding the support zone I outlined weeks ago. As long as this support holds, I am looking for a rally to 4300SPX. For further details see: Sentiment Speak...

Summary With rising interest rates and inflation, such would seem a logical assumption. 2022 has been one of the worst years for returns from a 60/40 portfolio. The longer-term view suggests recent performance will not continue due to expanding debts and deficits. Investors should h...

Summary The macroeconomic indicators in the US point a picture of doom and gloom. The Fed seems to be aggressive. More rate hikes may cause a recession. My base-case scenario is that it could be quite moderate. There is always plenty of guesswork to be done when it com...

Summary The slow downward progression of Q3 ’23 EPS growth has ebbed considerably, and expected Q4 ’23 S&P 500 EPS growth is actually being revised higher since July 1 ’22. What this is telling us today - and it could very well change - is that the S&P 500&#...