FMP
May 28, 2024 10:59 AM - Parth Sanghvi
In a notable shift, hedge funds recently divested from US equities at a rate not witnessed since early January, signaling a significant change in investment behavior following five consecutive weeks of net buying.
Goldman Sachs' prime brokerage report highlighted this momentum reversal, attributing it to recent positive economic growth indicators and a firm stance from the Federal Reserve, suggesting prolonged elevated interest rates.
Both macro products, such as indexes and ETFs, and single stocks experienced net selling, marking the first time in six weeks for macro products and the third consecutive week for single stocks. Notably, single stocks saw the highest notional net selling observed this year.
The selling activity was broad-based across all 11 US sectors for the week ending May 24, with industrials, information technology, financials, energy, materials, and real estate leading the downturn. Cyclical sectors, in particular, faced significant notional net sales since December.
The industrial sector bore the brunt, witnessing net sales for 11 consecutive sessions. This sector, encompassing machinery, ground transportation, professional services, and passenger airlines, experienced the most substantial net sales over any two-week period in over a decade.
Stay Informed: Explore sector valuation trends and identify potential investment opportunities with the Sector PE Ratio API.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...