Market In A Minute Blog

• PVG Admin
• May 11, 2021

As everyone well knows, the Employment Report on Friday was wildly disappointing with 266,000 new jobs, with the expectation of economists around 1 million. That is such a big miss! Market in a Minute 2021-5-11

• PVG Admin
• May 4, 2021

Last week, 51% of the S&P 500 by market cap reported earnings, the FAAMG plus Tesla were half of the market cap. We stated in last week’s PVG Market in a Minute that we thought the earnings would be strong, but it was largely already reflected in the stock prices. Market in a Minute 2021-5-4

• PVG Admin
• April 27, 2021

This week is loaded with datapoints. First, the Federal Reserve meets on Wednesday, they will make an announcement where they are likely to say there is no change in policy, and will reiterate that interest rates will remain near zero through 2023. Market in a Minute 2021-4-27

• PVG Admin
• April 20, 2021

In the PVG March 16th “Market in a Minute” we said two things that have played out, on a technical basis, the market needed to break through a resistance on the S&P 500 of around 3943 otherwise the support was 3750. Market in a Minute 2021-4-20

• PVG Admin
• April 13, 2021

There is a little rotation back to the growth stocks from value recently. Perhaps the Nasdaq has underperformed by too much lately and we are just seeing a temporary move back to growth from value. Market in a Minute 2021-4-13

• PVG Admin
• April 6, 2021

We thought we would list out the key drivers of the market as we see it and the trends in front of us. The most important factors are always earnings, the value you are paying for those earnings, which is driven off the outlook for interest rates, primarily the 10-year Treasury Note, and monetary policy. Market in a Minute 2021-4-6

• PVG Admin
• March 30, 2021

Last week, a hedge fund company named Archegos Capital Management caused a significant disruption in the market, which caused many other stocks to decline as the major banks that lent money to Archegos were hit with massive losses. Market in a Minute 2021-3-30

• PVG Admin
• March 16, 2021

We continue to see the rotation into the cyclical or reopening theme with the value stocks being strong performers. There are a few obvious issues the market is focused on, interest rates, economic outlook for 2022, Federal Reserve policy, policies out of Washington D.C., specifically the potential of a tax increase and an infrastructure bill. Market in a Minute 2021-3-16

• PVG Admin
• March 9, 2021

Last week was a really tough week for the market, but you would not really know it by looking at the weekly percentage change of the indices. During the week, the S&P 500 was down nearly -5%, but actually had a gain by the end of the week. Market in a Minute 2021-3-9

• PVG Admin
• March 2, 2021

The issues or opportunities for the market, as we see them, perhaps the most important concern is higher inflation along with higher interest rates, the rotation out of technology, a non-relief Covid bill for $1.9 trillion (political risk), and the roll out of JNJ’s vaccine. Market in a Minute 2021-3-2