Oct 1, 2021
This week’s Bespoke Report newsletter is now available for members.
September 2021 ended with a thud this week with the S&P 500 falling 1.2% on the last trading day of the month. The turn of the calendar to October marked a turning point for the market as well, as the S&P rose 1.15% on the first day of the month to close out the trading week. This week’s Bespoke Report looks closely at the recent action in leading groups and sectors like the semiconductors and the transports. We also check in on the economy as the Delta wave recedes. There are a ton of insights on both markets and the economy in this week’s newsletter, and you can read it now with a two-week trial to our subscription service — Bespoke Premium. Click here to learn more about Bespoke Premium and start a two-week trial if you’re interested.
Sep 24, 2021
This week’s Bespoke Report newsletter is now available for members.
Whether you look at the earnings outlook, macroeconomic data, or the policy backdrop, we’ve reached a turning point in the trends that have defined the recovery from the COVID recession. We discuss all in detail in the latest edition of The Bespoke Report along with analysis of inflation and the ten year yield, cryptocurrencies, an update on our Death By Amazon and Amazon Survivors indices, events in China this week, housing market data this week, analysis of the Federal Reserves Q2 Flow of Funds report, and more.
To read this week’s full Bespoke Report newsletter and access everything else Bespoke’s research platform has to offer, start a two-week trial to one of our three membership levels.
Sep 17, 2021
This week’s Bespoke Report newsletter is now available for members.
It hasn’t happened very often this year but early Friday afternoon the S&P 500 was on pace to close below its 50-day moving average. A close below the 50-DMA is not something that market technicians like to see.
To read this week’s full Bespoke Report newsletter and access everything else Bespoke’s research platform has to offer, start a two-week trial to one of our three membership levels.
Sep 10, 2021
This week’s Bespoke Report newsletter is now available for members.
Below we highlight recent performance across a wide range of ETFs representing various asset classes, national equity markets, and US sectors or indices.
To read this week’s full Bespoke Report newsletter and access everything else Bespoke’s research platform has to offer, start a two-week trial to one of our three membership levels.
Sep 3, 2021
This week’s Bespoke Report newsletter is now available for members.
There were a lot of convulsive headlines this week, ranging from Hurricane Ida to the Supreme Court to China to the Delta variant, but markets broadly yawned at events thrown their way. Even a massive miss from payrolls on Friday morning couldn’t derail the slow and steady grind that the US equity markets have trended on for the past several months. That steady grind is also impressive given the huge wave of hawkish Fed speakers in August and the very high likelihood of a taper starting before the end of the year.
In this week’s Bespoke Report, we cover a lot of different topics. Among them:
- Q3 performance drivers.
- The state of COVID in the United States.
- Very low real rates compared to prior economic recoveries.
- The hawkish August in Fedspeak and outlook for tapering.
- Easy financial conditions.
- The US auto industry.
- Policy and political developments in China.
- EM’s breakout.
- German elections.
- Earnings Triple Plays.
- And so much more!
To read this week’s full Bespoke Report newsletter and access everything else Bespoke’s research platform has to offer, start a two-week trial to one of our three membership levels.
Aug 27, 2021
This week’s Bespoke Report newsletter is now available for members.
For several days, all the market could do was focus on the upcoming Jackson Hole speech from Fed Chair Jerome Powell. Will he signal in September or won’t he? Well the day finally came, and because the conference was changed from in-person to virtual, we all got to see the speech live on Friday morning. Powell didn’t say anything new, and since that followed a number of hawkish comments from other members of the committee, that was all bulls needed to conquer the day and push the S&P 500 to more record highs.
With the exception of last September and October, the S&P 500 has been in one of the steadiest uptrends ever. Tests of the 50-day moving average (DMA) are few, far between, and extremely short. Meanwhile, the S&P 500 is still maintaining ample social distance with the 200-DMA as that trend line shouts, “Remember me?”
In this week’s Bespoke Report, we cover a lot of different topics. Among them:
- A record number of records and Nasdaq 1,000 point milestones.
- A loot at some high-frequency COVID statistics,
- This week’s surge in crude oil and what it means for energy stocks going forward.
- A review of prior market responses to the GOMC Jackson Hole conferences.
- Bitcoin sentiment.
- Low volume rallies. Do they matter?
- The “Montana Curve”.
- Seasonality. And much more.
To read this week’s full Bespoke Report newsletter and access everything else Bespoke’s research platform has to offer, start a two-week trial to one of our three membership levels.
