Futures are lower this morning as we head into a week of (1) new monthly inflation numbers, (2) the start of a new earnings season and (3) energy sector prices that have sold off hard over the last month.
Is The Fed Too Powerful?
Futures are lower this morning, as the market seems set to take a breather from its sharp move higher in recent session, especially for higher-risk growth stocks. But as we review some of the stocks that have been performing extremely well, its worth asking the question “does the fed have too much power over the stock market?”
50 Big-Dividend REITs, Compared
Realty Income: 50 Big-Dividend REITs Compared
Realty Income (known as the monthly dividend company) has been a safe haven this year as markets have declined sharply but Realty Income’s share price has remained roughly flat. However, some investors are left wondering if Realty Income still offers an attractive valuation or if it’s time to shift new investment dollars elsewhere. We offer our opinion on the relative attractiveness of the shares, including a discussion of business strategy, the risks and the current valuation as compared to 50 other big-dividend REITs.
Is This Dead Cat Bounce Different?
With futures pointing higher, the market is set to rise for a third day in a row. And some investors are starting to think these gains are different than the dead cat bounces we’ve repeatedly experienced this year because this time commodity prices are down, the dollar is strengthening and the fed may finally be ahead of inflation.
The Fed Is Fearful, Time to Get Greedy?
The minutes from the Fed’s June meeting were released today, and they show a continued laser-focus on inflation (i.e. the fed is scared). Yet interestingly, Energy stocks and 10-year treasury rates keep declining in what may be a case of the market being a few steps ahead of the minutes from a meeting that took place in the past. For example, here is a look at the one month performance of energy stocks, and it has been ugly!
Signs of Slowing Inflation
S&P futures are hovering around flat to slightly negative so far this morning, as we head into a day where the upcoming release of last week’s fed meeting minutes may already be outdated. Both treasuries and commodity prices have been trending lower, a sign that the fed’s inflation fight may be less dire than last week’s minutes convey. Markets tend to recover long before recessions end. This report shares data on past recessions, chip stock valuations (e.g. Nvidia, AMD, Micron and Intel) and an update on the market’s technical position.