A director at Emcor Group Inc sold/gave away 1,500 shares at 0.000USD and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...
Buy the Pullback Our outlook remains bullish following the S&P 500's multi-month base breakout above 5670, alongside constructive market dynamics; the path of least resistance is higher. We have discussed for the past two weeks (since our 10/22/24 Compass) how we would treat any pre-election pullback as a buying opportunity, and we are finally getting a pullback. We expect to see support on the SPX at 5600-5670, and we will remain bullish as long as 5600 support holds. Once past the election, s...
Bullish Outlook Focused on Large- and Mid-Caps Considering constructive market dynamics and the recent S&P 500 (SPX) breakout above 5783 following several months of consolidation, we upgraded our outlook to bullish as of last week's U.S. Macro Vision report (10/15/24). Since late-July, we have been neutral on the SPX, preferring to buy near 5100-5200 support and sell near 5670-5783 resistance until there is a break in either direction. The verdict of the market is the only one that matters, and...
Bull Trap Still Brewing? The S&P 500 (SPX) continues to hold below 5783, which is the upper-end of an important target/resistance area (5670-5783) we have discussed since our 8/13/24 Compass, just after the SPX hit our 5100-5191 "expected pullback zone." 5670 was the prior all-time high set in July, while 5783 is 2% above 5670. The current "breakout" above 5670 is an extraordinarily weak one, which usually suggests a false breakout/bull trap is brewing; the SPX has spent nearly three weeks abov...
SPX Bull Trap Setting Up? The S&P 500 (SPX) is approaching 5783, which is the upper-end of an important target/resistance area we have discussed for over a month (5670-5783). Using the 2007 SPX topping analog which has tracked the current market almost perfectly, it would suggest a 2% or less move above the prior all-time high set in July at 5670 before topping, which is where we get the 5783 number... see chart below. We acknowledge that the SPX is technically "breaking out" to all-time highs ...
Summary Elevating Solutions in Facilities Management - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Elevating Solutions in Facilities Management (ESFM), a division of Compass Group, specializes in integrated facilities management (IFM). The company offers a wide range of s...
Major Risk-On Developments; Bullish Outlook Intact Over the past two weeks we have discussed the possibility that further downside was limited (4/23/24 Compass) and the mounting evidence that suggests the lows may be in for this pullback (4/30/24 Compass). Major risk-on developments for the broad equity market have continued to roll in over the past week, which we discuss below. As a result, we continue to believe the lows are in for this pullback, and we see the pullback to the 100-day MA on t...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Downgrading Real Estate to Underweight Our bullish outlook we initiated on November 7, 2023 remains intact; this intermediate-to-long-term outlook is likely to stay in place as long as 4800 support holds on the S&P 500 (implying 7-10% downside) and market dynamics remain healthy. To be clear, we are not calling for a pullback to 4800; we view it as a worst-case scenario for the S&P 500, and we simply want to be prepared for anything. Shorter-term, we remain bullish on the S&P 500 and Nasdaq 100...
Gold Breaking Out Above 3.5-Year Resistance as the U.S. Dollar (DXY) and Treasury Yields Roll Over The number of risk-on signals continues to grow, while risk-off signals remain virtually non-existent. This is a hallmark of bull markets; we will be sure to point it out when this dynamic starts to change. In the meantime, we want to continue riding this bull market higher, and our bullish outlook (since early November 2023) remains intact. Gold and Silver Breaking Out as the U.S. Dollar (DXY) a...
Yesterday's hotter-than-expected CPI report continues to suggest a more restrictive Fed policy than the market has been expecting. This raises the possibility of further consolidation for small- and mid-caps. Meanwhile, large-cap indexes (S&P 500, Nasdaq 100) remain bullish, finding support at their respective 20-day MAs since November 2023; the only question is whether that will continue to be the case, as our main concern remains rising Treasury yields and the U.S. dollar (DXY), which have bro...
n this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
U.S. Dollar, 10-Year Treasury Yield, Commodities. Over the past two weeks we have discussed the multitude of signals that either suggest (1) the bear market is over, or (2) this rally is likely to continue. Nothing has changed in terms of these expectations. Chief among the reasons we expect the rally to continue are the breakdowns in the U.S. dollar (DXY) and 10-year Treasury yield, which we view as possible early topping signals. Commodities and WTI crude oil have continued to consolidate, tho...
Bear Market Rally Continues The market remains in bear market rally mode, and our price target remains the 200-day MAs on the S&P 500 and Russell 2000 (IWM), as discussed in last week's Compass (Oct. 25). Longer-term, this is still a bear market until the S&P 500 and IWM can break above their respective YTD downtrends/200-day MAs, and markets could easily test their lows again. With that said, there are signs that suggest breakouts above YTD downtrends/200-day MAs could be coming. Catalysts inc...
Another Bear Market Rally Begins The bear market rally we have been discussing since our Sept. 27 Compass has begun, with over half of the Sectors and all the major indexes (S&P 500, Nasdaq 100, DJIA, and S&P 600 Small Caps) showing bullish 2+ month inflections. As referenced last week, we expect the aforementioned indexes to rally to their respective 200-day MAs; longer-term, this is still a bear market until they can break above their respective 200-day MAs. Bullish 2+ Month Inflections. As ...
Another Bear Market Rally Brewing? In last week's Compass (Sept. 27) we discussed our belief that the market indexes could see a bounce or pause in selling, citing numerous oversold indexes/Sectors that were testing critical supports, including 3636 on the S&P 500, $269 on the Nasdaq 100 (QQQ), and $162 on the Russell 2000 (IWM). Sector and index supports held, and early indications suggest a bear market rally is brewing, and potentially that the lows are in for this bear market, helped by shor...
The independent financial analyst theScreener just awarded an improved star rating to EMCOR GROUP (US), active in the Heavy Construction industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 1 out of 4 possible stars. Given its market behaviour as moderately risky, theScreener considers that these elements allowing slightly upgrading its general evaluation to Neutral; the title, however, remains unattractive. As of the analysis date January 25, ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Commodities Improving As US Dollar Simmers Despite a more mixed and highly rotational market across Sectors, market-caps, and growth/value, not one Sector or widely followed index is breaking down; to the contrary, more are beginning to break out to new all-time highs. Overall, the weight of the evidence remains positive, and our outlook remains constructive for the weeks and months ahead; buy pullbacks. S&P 500, Nasdaq 100, Dow, Mid-Caps, Russell 2000. Large-cap (S&P 500, Nasdaq 100, and Dow)...
Breakaway Gaps In Place Last week we noted some deterioration in market dynamics, all while reiterating our overall constructive outlook looking weeks and months ahead. The fact is, “perfectly bullish” conditions rarely exist, and a weight of the evidence approach is necessary. To that end, the positives continue to outweigh the negatives and our outlook remains constructive. · S&P 500 Breakaway Gap. The S&P 500 broke out to all-time highs this past Thursday, and yesterday displayed so...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.