Jacob Bauchmann, CFA®, CFP®

Wealth Manager, married to Samantha, father of 4 boys and 2 Great Danes, SDSU grad. Securities offered through LPL Financial, Member SIPC

[Jacob Bauchmann, CFA®, CFP® @BauchmannCFACFP]

I'm pleased to announce that I have been recognized by Forbes as one of the "Top Next-Gen Wealth Advisors Best-in-State" for Tennessee for 2023. More about the award can be found in the link below: https://t.co/GsUTX8zMjx

[Ryan Detrick, CMT @RyanDetrick]

Housing and used cars make up more than half of core CPI.

Rent prices are negative YoY (Apartment List) and used cars (Manheim) have been negative YoY for 14 months.

I know what Powell said today, but the Fed is done hiking.

[Jacob Bauchmann, CFA®, CFP® @BauchmannCFACFP]

Going on almost 2 years strong now. The inverse correlation between stocks and the dollar has been quite remarkable.

[Jacob Bauchmann, CFA®, CFP® @BauchmannCFACFP]

An update to this chart: the inverse correlation remains intact. In September, the dollar is up strong. As a result, the US stock market has been weak.

[Jay Kaeppel @jaykaeppel]

The recent Zweig Breadth Thrust has been pretty widely reported.
But a side note: 2nd signals that occurred within 18 months of previous signal have done even better than the average.
Here’s hoping that history repeats. @sentimentrader

[Michael Antonelli @BullandBaird]

I love this so much!

8 days have accounted for nearly all the gains this year. 8 days (good luck picking the 8 ahead of time).

What happened on the 8?

[Bespoke @bespokeinvest]

The 10-day move (7%+) in $TLT ranks in the 99th percentile relative to all other 10-day moves in the ETF's history.

[Bespoke @bespokeinvest]

Keep this in mind: It's about time IN the market, not TIMING the market. Since 1928, S&P total returns have been positive 97% of the time across all 8-year periods. Historically, the stock market has given investors odds that "beat the house" over a long enough time frame.

[Brian Wesbury @wesbury]

Your financial advisor cannot guarantee you a profit. At the same time, you cannot guarantee yourself a profit. What is certain is that your financial advisor (for the most part), can help you keep your own emotions from hurting you. So, don’t blame them for a bear market.

[Muthukrishnan Dhandapani @dmuthuk]

“Attempting to short-term swings in individual stocks, the stock market, or the economy, is not likely to produce consistently good results.”- Lou Simpson

[Ed Clissold @edclissold]

This week's earnings remind me of a great chart from @_rob_anderson. @NDR_Research Tech Titans account for 29% of $SPX market cap & 18% of earnings. 11% gap is near a record. Tech has to report great EPS to justify the rally they've already had let alone outperform going forward.

[Ryan Detrick, CMT @RyanDetrick]

Q3 GDP 4.9% vs 3.8%
Durable goods 4.7% vs 1.9%
Initial claims 210k ==> still historically low

There continues to be very little chance of a recession with when the economy is this strong.

[Callie Cox @callieabost]

🤯THE Q3 US GDP REPORT🤯

🔥 Strongest economic growth (outside of 2020-2021) in nine years
🛒Consumer spending was the primary driver
🏡Housing market investment is finally adding to growth
😤The US economy is in absolute sicko mode

[Bespoke @bespokeinvest]

CNN Fear & Greed is closing in on "Extreme Fear."

A week ago it was also in "Fear" territory, a month ago it was in "Extreme Fear" territory.

[AAII SentimentSurvey @AAIISentiment]

AAII Sentiment Survey:
*Bearish: At its highest level in nearly six months; unusually high
*Bullish: Right at the bottom of its typical range
*Neutral: Below average for 4th week

https://t.co/CPRW7Qb6JE

[Kathy Jones @KathyJones]

Core PCE - Feds benchmark inflation indicator- edges down to 2.4%.

[Sonu Varghese @sonusvarghese]

Nice reminder from @SamRo that earnings drive stock prices, esp. long term. And the need to look at NTM data.

From 12/31/19 to 10/20/23 -
S&P 500 TR: +39%

Of which ...
Dividends: +7%
Earnings: +37%
Multiples: -5%

https://t.co/RRnKORtVD7

[Seth Golden @SethCL]

While LEI looks like carp, CEI is the only thing that matters to the NBER with regards to #recession labeling.

Lot of green, lot of green...

$SPX $SPY $QQQ $Macro #economy

[Bespoke @bespokeinvest]

Magnificent Seven? How about Magnificent Mondays?

While the S&P 500 is up over 10% YTD, without Mondays it would be fractionally lower.

[Ryan Detrick, CMT @RyanDetrick]

NBER looks at 6 indicators to determine if we are in a recession or not.

Short answer is there's absolutely no recession now or in the near future.

Very strong industrial production, consumption, and wholesale/retail sales the past 3 months leading the way.

[ISABELNET @ISABELNET_SA]

🇺🇸 S&P 500

The low percentage of US stocks trading above their 50-day moving averages, a contrarian indicator for oversold conditions, may indicate a potential rally in the S&P 500
👉 https://t.co/yIk7SZYp6p

h/t @BofAML #markets #sp500 $spx #spx #stocks #stockmarket #equities

[Ryan Detrick, CMT @RyanDetrick]

Remember all the talk the past few months about excess savings running out?

Turns out, the data was off and now there's an extra $1 trillion in excess savings we didn't know about last week.

Guess we missed all the updated articles, huh?