Stefan Fencl, CFA

LEEP Asset Management, Founder & CIO @LEEPAssetMgt

[Stefan Fencl, CFA @sfencl]

@zerohedge We are counting AI Agents hiring humans now?

[Stefan Fencl, CFA @sfencl]

@321gaux I've been a fan of ABCs, they're a little dry but hit the spot

[Stefan Fencl, CFA @sfencl]

@321gaux lifting, gymnastics, cardio... some days a heavy barbell and track sprints fit the bill, some days a jump rope and pull up bar do the trick

[Stefan Fencl, CFA @sfencl]

@RampCapitalLLC Vance + @NancyMace would be Great in '28!

[Stefan Fencl, CFA @sfencl]

Powell recalibrates from “ex-post” to “ex-ante”… he wants to proactively lower interest rates to support the economy. While market participants expect more of the same, FOMC participants seem less inclined to deliver jumbo cuts.
Stocks rallied and Treasury yields were mixed after Fed decision.
LISTEN to the Week In Review for more details on the Fed decision, where markets may go next and this week’s economic reports to watch!

https://t.co/wo1kQNbqNb

[Stefan Fencl, CFA @sfencl]

Powell signals rate cuts are coming as he turns his attention squarely to labor market data.
The revisions to payroll data reduced more than 800,000 jobs from last year and early this year. It’s the 7th time in the last 10 years that revisions removed jobs. Is the model broken?
Nvidia, the semiconductor behemoth, is scheduled to report earnings Wednesday afternoon. The AI trade is hanging in the balance, for some market participants.
LISTEN to the Week In Review to catch up and get ahead.

https://t.co/ylCzyyWeBg

[Stefan Fencl, CFA @sfencl]

Stocks go green for 7 consecutive days as anxiety of “recession” fades.
PPI and CPI data show prices are cooling while retail sales show consumers spending.
Walmart beats on top and bottom lines and raises forecast while Warren goes shopping for beauty and radio stocks.
Here come J Powell from J Hole - Fed Chair to deliver remarks at the end of the week. Watch for “normalizing vs easing” comments.

[LEEP Asset Management @LeepAssetMgt]

Stocks extend win streak to 7 days. Worries over “recession” fears fade.
Prices are still going up but at a very slow pace and consumers aren’t falling apart. Berkshire Hathaway discloses a new stake in ULTA while boosting stake in SIRI

https://t.co/bZEkXDvMBl

[Stefan Fencl, CFA @sfencl]

@bespokeinvest log scale? $200K to $400K is same as $300K to $600K as a percentage

[Stefan Fencl, CFA @sfencl]

@bespokeinvest Wouldn’t it be ironic if it flips positive just in time for the recession

[Stefan Fencl, CFA @sfencl]

Last week was an important week for markets; LISTEN to the Week In Review to understand what drove the action.
The Nasdaq 100 fell into correction territory last week despite Microsoft, Meta, Apple and Amazon beating earnings estimates.
A spike in the unemployment rate triggered the “Sahm Rule” and, coupled with a soft manufacturing report, sent investors into recession watch.
The Federal Reserve left interest rates unchanged while opening the door to a September rate cut. Traders are now betting the Fed will cut rates to 4% by year end.

https://t.co/aDnL4zKukR

[LEEP Asset Management @LeepAssetMgt]

$AMZN reports quarterly earnings after the market closes today and investors will be focused on the growth in the Amazon Web Services (AWS) unit, as well as a read on the state of consumer spending from their traditional retailing business.

[Stefan Fencl, CFA @sfencl]

@bespokeinvest Third time's a charm??

[Stefan Fencl, CFA @sfencl]

$DIS and $UBER reported good operating results, their stocks fell hard // S&P 500 climbed for 3rd week in a row // Foreign Central Banks diverge from the Fed, more will follow // here comes BIG inflation data, will it give the Fed “greater confidence”?
LISTEN below for all you need to know

[LEEP Asset Management @LeepAssetMgt]

3rd ⬆️ week in a row for stocks, Treasury yields hover // UMich sentiment tanks while 1-yr inflation outlook surges // Foreign Central Banks take cues economies, not the Fed // CPI on tap this week!
LISTEN below for all you need to know

https://t.co/AncD1Tz7AW

[Stefan Fencl, CFA @sfencl]

Listen to LEEP’s Week In Review to catch up on last week’s market moves, hear what’s driving earnings and what the Fed likely will and won’t do at this week’s meeting!

[LEEP Asset Management @LeepAssetMgt]

Stocks climbed while Treasury yields hovered near 2024 highs // META vs. GOOG on AI driven earnings // Here comes Powell & the Fed: no cuts soon, QT likely to slow // April jobs report expected to show strong labor market

https://t.co/2afkERfwwb

[Stefan Fencl, CFA @sfencl]

Last week presented significant challenges for markets. Investor sentiment was negative while market technicals turned positive. A vortex of anxiety engulfed stocks and bonds, creating tremendous intraday reversals. This week should see some stability, alongside big economic news and earnings. Listen below for more details.

[LEEP Asset Management @LeepAssetMgt]

A vortex of anxiety dragged down stocks last week // good economic news = bad news for the market?? // Big week ahead: GDP, PCE inflation data, earnings from some Tech heavyweights. Listen below for all the details you need to know.

https://t.co/llMLh5AJms

[Stefan Fencl, CFA @sfencl]

The first two weeks of April are seasonally tough for stocks, this year is no different; tensions in the Middle East may pressure risk assets while boosting safe havens like Treasury notes, oil and gold; listen below for more insightful thoughts.

https://t.co/5di53eUOFe

[Stefan Fencl, CFA @sfencl]

Stocks fell and Treasury yields hit new 2024 highs on hawkish Fed speak prompted by strong economic data // this week’s CPI report may decide between “speed bump” and re-acceleration

https://t.co/WRXmm565gK

[Stefan Fencl, CFA @sfencl]

@harryarnett @municipal_co And he’s repping it proudly at the @TexasChildrens tournament @PGATOUR @Wyndham_Clark

[Stefan Fencl, CFA @sfencl]

Catch the LEEP lens Week In Review for last week’s market moves and a preview of this week’s market moving events

[LEEP Asset Management @LeepAssetMgt]

Stocks and bonds climb as Powell says cuts still coming // Fed’s balance sheet has an MBS problem // short term yields STILL higher than long term yields // $NKE and $LULU sink on weak outlooks

https://t.co/k4NB9oIklE

[Stefan Fencl, CFA @sfencl]

Wholesale inflation (PPI) report caused yields to spike and stocks to drop // Fed meeting this week: no change to rates but SEP may look different // is the Bank of Japan about to pull the trigger on higher rates?

LISTEN for more details on the week ahead!

https://t.co/7txUQxpbjw