Jim Stewart

Father of 3 great kiddos, CIO & Stock Market Technician, Volleyball Coach and I Love Jesus but I drink a little. ♥Texas My opinions are just that and ≠ advice.

[Jim Stewart @JstewartVb]

PCE Inflation for July was 3.7%. That's slightly worse than expected (and still close to a three-year high).

Core PCE inflation was 3.3%, the second highest reading since October 2024.

US inflation continues to run at nearly double the Fed's 2.0% target.

Bottom line: The impact of the war in Iran is still being felt, while July’s PCE data showed no meaningful improvement in inflation.

[Jim Stewart @JstewartVb]

@DariusDale42 Yep, productivity gains and economic growth are increasingly flowing to owners of capital rather than workers and AI will just accelerate this! So, own productive assets or risk falling behind.

[Jim Stewart @JstewartVb]

#Stocks move higher today after headlines that President Trump is willing to end the war without reopening the Strait of Hormuz. Kicks can to Europe.

However, oil is flat on the day. Bonds are higher, and gold is also up.

This creates a very mixed signal:
•Equities rising on headlines, and energy, bonds & gold not confirming.

Until oil, bonds, gold move lower and markets show sustained follow-through, this rally should be treated with caution.

[Jim Stewart @JstewartVb]

As I noted earlier, the 6500 level on the S&P 500 was a key line in the sand.
“What will the administration do to support the market this weekend?”
A: probably very little—and that’s by design.
This isn’t a crisis—at least not yet.....This is a repricing of risk. https://t.co/cJBFaYJdIj

[Jim Stewart @JstewartVb]

Every #WallStreet Analyst Now Predicts a Stock Rally In 2026. If true, the US #StockMarket will rally in 2026 for a fourth straight year, marking the longest winning streak in nearly two decades.

[Jim Stewart @JstewartVb]

Top 10 concentration of the largest equity index in the world continues.

[Jim Stewart @JstewartVb]

@KeithMcCullough Trimming BDRY & GLD

[Charlie Bilello @charliebilello]

Price Increases over last 5 years...
CPI New Cars: +21.0%
Family Health Insurance: +24.0%
CPI Food at home: +24.1%
CPI Shelter: +27.5%
CPI Food away from home: +30.3%
CPI Used Cars: +32.9%
CPI Electricity: +37.8%
CPI Transportation: +43.4%
CPI Gasoline: +43.9%
US Home Prices: +51.6%
CPI Gas Utilities: +56.1%
CPI Fuel Oil: +57.7%
CPI Auto Insurance: +60.5%
CPI Dozen Eggs: +157%

[Jim Stewart @JstewartVb]

The Trend is your Friend. #Markets #Fed

[Liz Ann Sonders @LizAnnSonders]

Employment components for both ISM Manufacturing (blue) and Services (orange) are in contraction and trending lower

[Jim Stewart @JstewartVb]

The Largest 10% of U.S. Stocks now account for 76% of U.S. Stock Market Capitalization, the highest concentration in history. Same for Growth vs. Value. #everisalongtime #Markets

[Jim Stewart @JstewartVb]

The US economy added only 73,000 jobs in July.
May and June revised down by -258,000! Unemployment Rate ticks up to 4.2%
Anyone home at the @federalreserve? #datadependent #lateagain #Jobs

[Jim Stewart @JstewartVb]

@usavolleyball Box score anywhere?

[Jim Stewart @JstewartVb]

U.S. 1Q #GDP shrank by 0.3%, marking its 1st contraction in 3 years, well short of most forecasts that had anticipated modest growth. A surge in imports as businesses rushed to stock up on goods before Prez #Trump new tariffs took effect, plus a sharp drop in gov’t spending.

[Jim Stewart @JstewartVb]

A #TradeWar is the largest Tail Risk in BOA's 15 Year history. #tarrifs #manmadecrisis

[Jim Stewart @JstewartVb]

The World is rethinking their Business & Vacation plans to the US after #TariffWar

[Jim Stewart @JstewartVb]

The #RSI dropping from overbought @ 70 to oversold @ 30 on a weekly timeframe has only occurred 6 times since 1987:
1987, 2001, 2008, 2011, 2020, & 2025.

Everyone featured a 20%+ decline in the S&P500 None ended with the initial “oversold” reading. Trap?#TariffWar #Markets

[Jim Stewart @JstewartVb]

Market Movers this Week
MON: $T $SOFI
TUE: $BA $SAP $SYK $RTX $LMT $SBUX $RCL $CB Case-Shiller home price index
WED: $MSFT $META $TSLA $TMUS $NOW $IBM FOMC Interest Rate decision & presser
THUR: $AAPL $V $MA $TMO $CAT $BX $UPS $INTC 4Q GDP
FRI: $XOM $ABBV $CVX $CL PCE index (Dec)

[Jim Stewart @JstewartVb]

When money can’t even buy you an appropriate outfit for #InaugurationDay 🙄 #Trump

[Jim Stewart @JstewartVb]

Market Movers this Week
MON: $ACM
TUE: $WMT $LOW $XPEV Housing Starts (Oct)
WED: $NVDA $TJX $PANW $TGT $SNOW
THUR: $INTU $DE $CPRT $ROST $BIDU Existing Home Sales (Oct) LEI (Oct)
FRI: Global US PMI (Nov) Consumer Sentiment (Nov)