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Mike Zaccardi, CFA, CMT

  • Analysis & Comment

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...
What Is the Price Action in Treasuries Telling Us?
By Mike Zaccardi, CFA, CMT - Dec 05, 2022
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...
Emerging Market Bonds Bounce: More Upside Likely
By Mike Zaccardi, CFA, CMT - Nov 29, 2022
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...
Where Will Oil Bottom? Looking to the Charts for Clues
By Mike Zaccardi, CFA, CMT - Nov 28, 2022
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...
5 Lessons Traders Can Learn from the FTX Collapse
By Mike Zaccardi, CFA, CMT - Nov 22, 2022
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...
Dow Theory Suggests Caution
By Mike Zaccardi, CFA, CMT - Nov 21, 2022
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...
Retail Results on Tap: Should You Go Long?
By Mike Zaccardi, CFA, CMT - Nov 15, 2022
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...
Playing Key Themes Under a New Government
By Mike Zaccardi, CFA, CMT - Nov 08, 2022
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...
Seeking Value? Look At Buyback Stocks
By Mike Zaccardi, CFA, CMT - Nov 07, 2022
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...