Mike Zaccardi, CFA, CMT's Comment & Analysis
A complete archive of Mike Zaccardi, CFA, CMT's articles, including current analysis & comment - Page 2
Professional strategists have issued their 2023 S&P 500 year-end targets, and the consensus is dour
With the SPX trading near 18-time next year’s EPS forecast, it is hard to call U.S. large...
U.S. Treasury market ETF capped off last week with big gains
Sub-50 ISM manufacturing index suggests the economic backdrop not so rosy
Focus shifting from inflation worries to recession fears
The bond...
Weaker domestic inflation and lower dollar tailwinds for international fixed income
Emerging market bonds have rallied sharply off their October low
Continuation likely, but gains could be...
Energy stocks outpace the broad equity market
Crude oil has fallen to its lowest price since January, now down year-on-year
Possible long-term support on the chart, potential bullish fundamental...
The FTX saga and Sam Bankman-Fried's illegal and extremely unethical actions capture much of the financial press’s attention right now. For good reason. The real-life story has echoes of...
The Dow Jones has sharply outperformed the Transportation Average
The former is on the cusp of breaking out above its August peak
The latter is well underneath its summer high
Technicians can easily...
Last hoorah for Q3 earnings with household-name retailers reporting
Bouts of volatility with some of these stocks in 2022
Take a cautious stance owning the group heading into year-end
Earnings season...
Dollar endured one of its largest weekly drops in 15 years last week
Commodities as a whole did not rally, surprising many macro traders
European markets among biggest beneficiaries of a weaker...
Stocks often surge in the months after mid-term elections
Betting markets show high chance GOP snatches control of House and maybe even Senate
Three investment themes that could catch tailwinds in...
Share repurchases might be on increase as firms pivot from a new tax in 2023
Management teams appear to be accelerating stock buybacks
PKW ETF offers exposure to value and cyclical stocks while...