SPHB News and Press, Invesco S&P 500 High Beta From 10/06/22

Summary Initial claims for regular state unemployment insurance jumped for the week ending October 1st. Overall, the level of weekly initial claims for unemployment insurance remains very low by historical comparison. Continued elevated rates of price increases, an aggressive ...

Summary The world is obviously a mess. What is obvious, is usually wrong. Fund-flows and fear drive the market. There are reasons to be bullish on the market. The world is obviously a mess; all of the world economies are on the verge of collapse, and the Fed is g...

Summary In the week ending October 1, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 29,000 from the previous week's revised level. The 4-week MA gives an indication of the recurring pattern of seasonal change. Because of the extreme vola...

Summary Following a few months of downward trending initial jobless claims bringing the indicator back down around multi-decade lows, there has finally been a significant uptick. On a non-seasonally adjusted basis, claims rose as might have been expected for the current week of th...

Summary Based on our MMI indicators, we believe that further downside and more bearish sentiment in the market are possible. We do not think fighting the Fed is a prudent move. We believe that the inverted Treasury yield curve is significant to the current bearish tone in the ...

Summary There are a lot of different ways to analyze markets; fundamental and technical analysis are two of the most popular. bearish fundamentals paired with bearish technicals may simply be an effective way of defining a bear market (better at least than the arbitrary 20% rule)....

Summary Higher interest rates are having an impact on Job Openings and Quits, both viewed as psychological indicators rather than economic indicators. Real Retail Sales remain steady which is a ‘hard count’ economic indicator. Retail sales may even have an up-tick in...

Summary Earnings season kicks off next week and will provide further insight to a myriad of questions – will companies continue to report beats and surprises to the upside? 22Q3 earnings are forecasted at $465.32 billion (+4.5% y/y, -1.7% q/q) while revenue is forecasted at...

Summary Is an earnings recession on the horizon? Why investors should consider quality companies in a high-rate environment. Why some companies may not survive a potential recession. Central banks have been aggressively hiking rates in an effort to cool infla...

Summary Equity market volatility persisted in the third quarter as investors came to terms with a new reality of high inflation and rising interest rates. For most of this year, equity markets have violently traded on this unholy trinity of rising inflation, rate hikes and growth ...