ismmanufacturingindex
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Contracting ManufacturingThe Institute of Supply Management (ISM) reported on Wednesday that its manufacturing index declined to 48.4 in December, down from 49 in November. This is the second straight month that the ISM manufacturing index has been below 50, which signals a contraction after 30 straight months of expansion. Q4 2022 hedge fund letters, conferences and more Interestingly, the production component declined to 48.5 in December (down from 51.5 in November), while the new orders component ...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on the big Fed meeting, Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more The Big Fed MeetingThe big Fed meeting is here. The most significant news of the week, perhaps of the entire 4th quarter, is whether the Fed will formally announce that tapering will start later this month. How the stock market digests the Fed taking away the punchbowl will be a significant test of equity valuations. Earnings are strong, forecasts for 2022 growth are strong, labor demand is strong, consumer spending is strong, even capit...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on the Dow’s strongest month, Louis Navellier wrote: Q1 2021 hedge fund letters, conferences and more Dow's Strongest Month In 50 YearsOver the last 100 years, 50 years, and 20 years, the average gain for April for the Dow is 1.47% (3rd strongest month), 2.24% (strongest month), and 2.51% (2nd strongest month), respectively. The primary reason that April is a seasonally strong month is due to new pension funding. The other reason is that the better weather in April lifts investor sentiment, and this year buoyant sentiment is likely...
ValueWalk
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