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Barometer Capital

Navigating Uncertainty and Shifting Trends

Key Points: Market Overview: The market has been trending upward since January 2024, until recently. The S&P 500 is down 5.3% and is approaching its rising 200-day moving average. The NASDAQ 100 had a false breakout and is now also testing its 200-day moving average. Historically, the period from February through March has been weak […]

Financials Support Earnings Growth Amid Inflation; Market Navigates Sector Shifts and Music Fund Overview

Key Points Market Overview Sector Performance: Strongest sectors: Financials and Precious Metals. Weakness in tech, industrials and consumer.  Inflation Expectations: Inflation expectations have reached nearly 30-year highs. Focus remains on sectors that perform well in inflationary environments. Portfolio Positioning Sector Allocations: Financials: Largest overweight for over a year. Energy & Materials: Maintained overweight positions. Industrials: […]

Resilient Markets & Strategic Sectors Driving Strong Growth

Key Points U.S. Stock Market – The bear market bottomed in October 2023, transitioning into a bull market. Bull markets target to two years old typically last over five years, and this one is 2 ½ years. – The S&P 500 recently hit new highs, signalling market strength, even though bearish sentiment is rising …Bull […]