XMMO News and Press, Invesco S&P MidCap Momentum From 10/30/23

2023-10-30 12:20:00 ET Summary The great frustration about this selloff is that the market is moving so slowly. While rates are dramatically higher, which should send stocks lower, the government is shoving money into the system in immense numbers, which keeps the market from plun...

2023-10-27 21:15:00 ET Summary The S&P 500 forward 4-quarter estimate slipped to $238.46 from last week’s $238.95, despite a good week of tech sector earnings. The P/E ratio fell to 17.3x this week from last week’s 17.7x and 9/30/23’s 18.4x. The S&...

2023-10-25 23:25:00 ET Summary The Halloween Strategy is a market-timing strategy based upon investing in stocks from Oct. 31 to May 1. The S&P 500 declined 4.8% in September of this year, which, according to S&P Global, marked the 53rd time since 1928 that the S&P was...

2023-10-25 08:30:00 ET Summary The Boyar Value Group's mission is to search or value on behalf of our clients. In essence, we are trying to buy a dollar for fifty cents. The stock market experienced a rally in the first half of the year but ended the third quarter with a decline o...

2023-10-24 21:00:00 ET Summary A frequent point of discussion this year has been breadth, or more specifically, the massive impact of mega caps on the market-cap-weighted S&P 500's year-to-date performance. We often use the 10-day advance-decline (A/D) line to measure how brea...

2023-10-24 09:05:00 ET Summary The trajectory of the S&P 500 dropped below both the dividend futures-based model's redzone forecast range and its 200-day moving average. It's useful to ask if that is an outlier event or a warning signal indicating order is breaking down in the...

2023-10-24 02:05:00 ET Summary The LERI shows corporate uncertainty increasing to its highest level since the pandemic, in line with what CEOs have been sharing on Q3 calls. This week 1,695 companies are expected to report for Q3, 160 from the S&P 500. Potential Surprises ...

2023-10-23 20:10:00 ET Summary S&P 500 earnings yield (EY) is at a 6-month-high, and 4 big tech names are scheduled to report this week: Microsoft, Alphabet, Meta and Amazon. When Microsoft reports their fiscal Q1 ’24 results after the close Tuesday night, October 24th,...

2023-10-23 15:32:00 ET Summary Two big things happened to the S&P 500 (Index: SPX) in the past week, as the index fell to 4224.16 through Friday, 20 October 2023, a 2.4% week-over-week decline. The first big thing to happen was a surge in the yield of the 10-year U.S. Treasury...

2023-10-23 14:55:00 ET Summary Worries over interest rates, a too-strong economy, more fed funds rate increases, are keeping a lid on stock gains even after good earnings. Investors are now in the middle of what is typically the best seasonal period of historic returns for the S&a...