XMMO News and Press, Invesco S&P MidCap Momentum From 12/16/23

2023-12-16 01:10:00 ET Summary With just two weekends left to shop before Christmas, US consumers have to be feeling a little more flush than they were just a couple months ago. Back in October, the stock market was in a 10%+ drawdown and interest rates looked like they might neve...

2023-12-15 20:15:00 ET Summary All 11 of the SP 500 sectors are way overbought, with the lone exception of energy, which is moving from neutral to overbought. The S&P 500’s “earnings yield” (EY) will end the week near 5.01%, its lowest print since July 28t...

2023-12-14 06:00:00 ET Summary This article explores the role of the Momentum Factor as a highly predictive attribute for projecting stock performance. Momentum investing has remained successful over time due to persistent market trends and investor behaviors that create and reinf...

2023-12-12 19:10:00 ET Summary 2024 should be another positive year for capital market returns, specifically the major equity and fixed income benchmark indices. AI is just getting started, and come May ’24, it will be 12 months since Nvidia’s absolutely “ligh...

2023-12-11 22:17:00 ET Summary The S&P 500 didn't change much during the first full trading week of December 2023. The Federal Reserve's Open Market Committee is having its final two-day meeting of 2023 this week. The Atlanta Fed's GDPNow tool's estimate of real GDP growth...

2023-12-11 04:31:00 ET Summary US equities, as measured by the S&P 500 Index, have performed strongly so far in 2023. In our analysis, there will likely be a mild US recession in 2024, and the Fed will keep rates elevated for a longer period of time than the market expects. ...

2023-12-08 03:15:00 ET Summary Mid-cap stocks offer compelling growth potential and attractive valuations compared to large-cap and small-cap stocks. Mid-caps historically outperformed large caps in the long term and have the potential to adapt quickly to changing market condition...

2023-12-07 13:59:00 ET Summary For much of the past month and a half, the S&P 500 Index has rallied, recovering all the lost ground from the summer/fall correction. Upside momentum has stalled at roughly the 4550 to 4600 range. Although expectations for lower rates have pr...

2023-12-07 09:15:00 ET Summary Global markets have exceeded expectations in 2023, but the outlook for 2024 is more cautious due to restrictive monetary policy, slowing growth, and geopolitical tensions. The US Federal Reserve's "higher for longer" approach will strain finances in ...

2023-12-05 20:00:00 ET Summary The S&P 500 Equalweight index, which gives each stock in the index an equal 0.2% weighting, is currently trading at the same level it was at back in April 2021. Investors used to getting the standard 8-10% per year in the US stock market have got...