Troy Rose, CWS®, ATFA on LinkedIn: U.S. Financial Market Update: The Week Ahead (2024)

U.S. Financial Market Update: The Week AheadLast Updated on Mar 4, 2024–POWELL VISITS THE HILL:In his semi-annual Humphrey-Hawkins testimony before the House (Wednesday) andSenate (Thursday), Fed Chairman Jerome Powell might signala hawkish bias toward pushing back the timeline for aninitial rate cut. A 25% gain in the S&P 500 since itsintermediate-term low on October 27 and subsequentloosening of financial conditions were likely amplified byPowell’s pivot toward dovish messaging at the December 13Federal Open Market Committee press conference.–BROADCOM EARNINGS:After the market closes Thursday$650 billion market capitalization networking chip andsoftware specialist Broadcom (AVGO) will report results forits quarter ended January 31. AVGO’s organic revenue(which strips out the impact of its recent VMWare purchase)is expected to have grown 8% in the 3-month period from ayear ago. AI-related demand from hyperscale cloudproviders most likely offset weaker spending from itstraditional enterprise and telecommunications end markets.Read the fullUS Financial Market Update: The Week Ahead March 4, 2024here.https://lnkd.in/g7YrqjAw#weeklymarketcommentary #weekahead #financialmarkets #financialmarketupdate #economicoutlook #economy #fed #interestrates2024 #stockmarket #fedchairman #centier #centierfinancialpartners #wealthmanagement #privatebanking

U.S. Financial Market Update: The Week AheadLast Updated on Feb 12, 2024 –CAN THE S&P 500 HOLD 5,000?After a middling first twoweeks of the year, the S&P 500 quickly climbed 6% fromJanuary 17 through February 9. Better-than-expected 4Q23corporate earnings and growing expectations of Fed rate cutslater this year powered the index to a closing level of 5,026.61last Friday. This is 13% above its 200-day moving average of4,463 and a 41% gain from its closing low of 3,577 onOctober 12, 2022. The latest leg of the rally has beenincreasingly narrow, however, with just five stocks (NVIDIA,Microsoft, Meta Platforms, Amazon, and Eli Lilly)accounting for nearly 70% of the S&P 500’s 5.52% year-to datetotal return through last week.–WILL EARNINGS MOMENTUM CONTINUE?We are about two thirdsthrough fourth quarter earnings season covering thereporting period from November 16 through February 15.According to Bloomberg Intelligence data, nearly 80% of theS&P 500 companies that have reported results thus far havesurpassed estimates, above the 10-year average of 74%.Boosted by strong results from mega captechnology-orientedcompanies, index-level adjusted earnings per share(EPS) are now on pace to grow 6% from a year ago, comparedto expectations for just 1% growth in the first week ofJanuary. Another 64 S&P 500 companies will report resultsthis week.Read the fullFinancial Market Update: The Week Ahead Feb. 12, 2024here.https://lnkd.in/g7YrqjAw#weeklyinsights #weeklymarketcommentary #weekahead #markets #earningsseason #economicoutlook #economy #stockmarket #wealthmanagement #centier #centierfinancialpartners #privatebank

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U.S. Financial Market Update: The Week AheadLast Updated on Apr 29, 2024–AMAZON AND APPLE EARNINGS:After the market closestomorrow, Amazon (AMZN) will deliver its 1Q24 results.Investors will be looking for sales in its AWS cloud computingsegment to accelerate from last quarter’s 13% growth rateand its emerging advertising sales division to maintain a 20%-plus rate of annual growth. Thursday afternoon, Apple’s(AAPL) quarterly results and commentary will be closelyexamined for signs of stabilization in iPhone demand inChina. Investors will also be listening for hints frommanagement of plans for embedded generative artificialintelligence functionality in new products ahead of thecompany’s Worldwide Developers Conference to be held theweek of June 10-14.–APRIL JOBS DATA: Wednesday morning, ADP data isexpected to show U.S. private employers added 180,000workers in April after a gain of 184,000 in March. Accordingto ADP, workers who changed jobs in March saw their wagesincrease 10% from a year ago, an acceleration from a rangeof 7.5% - 8.5% over the prior five months. The April nonfarmpayroll release on Friday morning is likely to show monthlyaggregate job growth in the U.S. of 250,000 following gainsof 303,000 in March and 270,000 in February.Read the fullUS Financial Market Update: The Week Ahead April 29, 2024here.https://lnkd.in/gpbxpA7Q#CentierBank #CentierFinancialPartners #marketanalysis #weeklymarketupdate #jobsdata #nonfarmpayroll #corporateearnings

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📈 Market Warm Up (05/13/24):- 🚀 Semiconductor and Tech Sector Surge:- The semiconductor industry is leading the broader technology sector, fueled by generative AI.- The Philadelphia Semiconductor Index is up over 15% YTD, with TSMC recording a 60% year-over-year sales increase in April.- 📊 Financial Performance in Semis:- Earnings in the global semiconductor sector are projected to grow 50% this year.- Improved operating margins and strong pricing power are expected to boost semiconductor margins to around 35% in 2025.- 💼 Corporate Earnings and AI Impact:- The first-quarter earnings season showed strong performance, especially from AI and cloud segments.- Tech companies are expected to continue benefiting from substantial investments in AI and cloud computing.- 📉 US Consumer Sentiment and Inflation Concerns:- US consumer sentiment dipped to its lowest since November amid rising inflation expectations.- The University of Michigan survey indicated increases in short and long-term inflation expectations, affecting Treasury yields and the stock market.- 🇨🇳 China's Economic Data:- China's total social financing saw a significant contraction, the first in nearly two decades.- The finance ministry announced the issuance of special government bonds to boost infrastructure and disaster recovery.- 🗣️ Expert Commentary:- Paul Donovan: Discusses upcoming US consumer tax increases and their likely muted economic impact, suggesting economic nationalism.- John Authers: Emphasizes the significance of this week's US inflation data and the impact of political factors on consumer confidence.- 📈 Earnings Reported:- ENB: Reported at $0.92 vs. $0.82 expected.- 📅 What to Watch (05/14/24):- Fed Chair Jerome Powell's speech.- US April Producer Price Index (PPI).- US April NFIB Small Business Optimism Index.---Financial Disclaimer: This market update is for informational purposes only and not intended as financial advice. Market conditions are volatile and subject to rapid changes. Investors should consider their financial situation and consult with a financial advisor before making investment decisions.

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U.S. Financial Market Update: The Week AheadLast Updated on Mar 4, 2024–POWELL VISITS THE HILL:In his semi-annual Humphrey-Hawkins testimony before the House (Wednesday) andSenate (Thursday), Fed Chairman Jerome Powell might signala hawkish bias toward pushing back the timeline for aninitial rate cut. A 25% gain in the S&P 500 since itsintermediate-term low on October 27 and subsequentloosening of financial conditions were likely amplified byPowell’s pivot toward dovish messaging at the December 13Federal Open Market Committee press conference.–BROADCOM EARNINGS:After the market closes Thursday$650 billion market capitalization networking chip andsoftware specialist Broadcom (AVGO) will report results forits quarter ended January 31. AVGO’s organic revenue(which strips out the impact of its recent VMWare purchase)is expected to have grown 8% in the 3-month period from ayear ago. AI-related demand from hyperscale cloudproviders most likely offset weaker spending from itstraditional enterprise and telecommunications end markets.Read the fullUS Financial Market Update: The Week Ahead March 4, 2024here.https://lnkd.in/gpbxpA7Q#centierbank #centierfinancialpartners #theweekahead #marketanalysis #financialmarkets #fedchairman

U.S. Financial Market Update: The Week AheadLast Updated on Apr 22, 2024THINGS TO WATCH–EARNINGS SEASON PICKS UP STEAM:Nearly one-third ofthe companies in the S&P 500 are scheduled to reportquarterly results this week. Verizon Communications (VZ) andCadence Design Systems (CDNS) kick things off today,followed by PepsiCo (PEP) United Parcel Services (UPS),Lockheed Martin (LMT), Tesla (TSLA) and Visa (V) on Tuesday.CME Group (CME), General Dynamics (GD), and MetaPlatforms (META) are a few notable names on the schedulefor Wednesday. Caterpillar (CAT), Merck (MRK), Honeywell(HON), and Alphabet (GOOGL) are among the headlinersThursday. Chevron (CVX), and AbbVie (ABBV) close out theweek Friday.–DEFENSIVE SECTOR LEADERSHIP?Last week, the S&P 500utilities (+1.7%) and consumer staples (+1.3%) sectors werethe benchmark’s top performing major groups. The relativestrength of this defensive duo materialized despite U.S.Treasury yields moving higher for a third straight week.Historically, these groups tend to struggle when yields backup as their above-average dividend payouts become lessattractive compared to fixed income. Read the Full US Financial Market Update: The Week Ahead April 22, 2024, here https://lnkd.in/g7YrqjAw#weekahead #economicindicators #markeyanalysis #wealthmanagement #marektuhttps://lnkd.in/g7YrqjAw

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U.S. Financial Market Update: The Week AheadLast Updated on Apr 22, 2024–EARNINGS SEASON PICKS UP STEAM:Nearly one-third ofthe companies in the S&P 500 are scheduled to reportquarterly results this week. Verizon Communications (VZ) andCadence Design Systems (CDNS) kick things off today,followed by PepsiCo (PEP) United Parcel Services (UPS),Lockheed Martin (LMT), Tesla (TSLA) and Visa (V) on Tuesday.CME Group (CME), General Dynamics (GD), and MetaPlatforms (META) are a few notable names on the schedulefor Wednesday. Caterpillar (CAT), Merck (MRK), Honeywell(HON), and Alphabet (GOOGL) are among the headlinersThursday. Chevron (CVX), and AbbVie (ABBV) close out theweek Friday.–DEFENSIVE SECTOR LEADERSHIP?Last week, the S&P 500utilities (+1.7%) and consumer staples (+1.3%) sectors werethe benchmark’s top performing major groups. The relativestrength of this defensive duo materialized despite U.S.Treasury yields moving higher for a third straight week.Historically, these groups tend to struggle when yields backup as their above-average dividend payouts become lessattractive compared to fixed income.Read the fullUS Financial Market Update: The Week Ahead April 22, 2024here.https://lnkd.in/gpbxpA7Q#CentierBank #CentierFinancialPartners #CorporateEarnings #S&P500 #TreasuryYields #MarketAnalysis #FinancialMarkets

Investors Anonymous Then it all became clear. Inflation is proving stubborn and the longer interest rates stay at this level, the more damage it does to government, corporate and household budgets. The only saving grace was growth and we piled into the idea that AI is going to save the world, which came crashing down when Nvidia lost 15% last week. Rates and currencies are already back to pre-seven-rate-cuts levels, and if the S&P 500 does the same, it means another 20% of downside from here.There is also an election coming up for 350 million people to determine the most powerful man in the world. Please note, there are many other elections this year involving some three and a half billion people, but no one seems to care. We are also in the middle of earnings season, and we might very well be on the brink of a global revolt if Amazon keeps playing ads on a Prime membership. What exactly are we as investors to do in a market environment such as this?At this point, not much. Buying insurance after the horses have left the staples is too expensive and volatility premiums have already doubled. The key is having investments that don’t all go down at the same time, and buying Netflix when it became obvious that we were all going to be stuck in our homes for months on end. Remember, the markets are always like this, there is always some crisis or pending apocalypse. Which is why we get rewarded with an average yearly return of 10.56% for the S&P 500 over the last 100 years.#Blog #WeeklyBlog #BlogPost #Insights #WeeklyInsights #InsightsPost #InvestmentManager #WealthManager #FinancialInsghts #WealthInsights #InvestmentInsights #MarketInsights #Wealth #Income #Growth #Trends #FinancialTrends #ReadMore #KnowledgeSharing #DigitalContent #WeeklyBlogging #EngagingReads #StayInformed #BLUFamilyOffice

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Your weekly talking points are here 👇→ The Consumer Price Index (CPI) recorded a 3.4% annual increase in December 2023, driven by high service costs and an end to a six-month trend of declines in goods prices. The increase, led by housing and energy costs, may indicate a more challenging path for the Fed in achieving a sustainable 2.0% inflation target.→ Inflation faces continued pressure in 2024 due to the slow pace of disinflation in core services excluding shelter (“supercore” categories) and upcoming wage increases. Over half of US states, including Florida and California, have significantly raised minimum wages this year.→ JPMorgan Chase set a record as the most profitable lender in US banking history with its seventh consecutive quarter of record net interest income, the difference between what banks earn on loans and pay out on deposits. They also hinted at the possibility of these strong earnings continuing into this year.→ Microsoft surpassed Apple as the world’s most valuable publicly traded company, bolstered by stronger earnings growth and a clearer AI strategy. Analysts’ price targets suggest Microsoft could join the $3 trillion valuation club this year. Together, they make up about 14% of the S&P 500.Sign-up with Helios for more insights here: https://lnkd.in/gE8hNpa5 #FinancialAdvisor #FinancialTrends #MarketCommentary

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The newest piece from our investment team covers higher than expected inflation, revised employment numbers, and how the market responded to this mixed data.Follow the link to read the full piece.