May 22, 2025 8:12am

Will econs drive a further pricing retreat, I’d wait on sector equities through Friday?

As there exists an attractive risk-reward opportunity to buy dips in Treasuries with yields pushing higher

Breaking: In the week ending May 17, the advance figure for seasonally adjusted initial claims was 227,000, a decrease of 2,000 from the previous week's unrevised level of 229,000. The 4-week moving average was 231,500, an increase of 1,000 from the previous week's unrevised average of 230,500.

  • The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending May 10, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 10 was 1,903,000, an increase of 36,000 from the previous week's revised level. The previous week's level was revised down by 14,000 from 1,881,000 to 1,867,000. The 4-week moving average was 1,887,500, an increase of 17,500 from the previous week's revised average. This is the highest level for this average since November 27, 2021 when it was 1,923,500. The previous week's average was revised down by 3,500 from 1,873,500 to 1,870,000.

A 3-day weekend ahead, can’t come soon enough!

No false narratives or fake news; to read insights and analysis on the latest sector action, check out Pre-Open Brief

Never leave an investor uninformed!

Remember that overnight and pre-open actions’ futures and markets doesn’t necessarily translate into actual trading in today’s market session.

“I also hate to be so negative or contrarian but, this is a NO spin zone and truth is its product; I can always be WRONG but, I am mostly EARLY!”

My interpretation of the morning’s numbers is written to be informative; it’s built on what happened to make “it” happen today!

 

Wednesday’s night’s … RegMed Investors (RMi) Closing Bell: Market and sector whipsawed by treasury yields … https://www.regmedinvestors.com/articles/13928

RegMed Investors (RMi) Research Note: Harvard Apparatus GT (OTCQB: HRGN), The latest, WHAT happens to OTCQB: HRGN if the White House and the new head of the SEC starts to "DELIST" Chinese companies??? … Newest happening, public accountants walk … https://www.regmedinvestors.com/articles/13812

 

Wednesday: The pre-open Dow futures are DOWN -0.39% or (-164 points), the S&P futures are DOWN +0.29% or (-17 points) and the Nasdaq futures are DOWN -0.22% or (-47 points)

  • Futures were falling on Thursday, 5/22
  • European markets were bottoming i.e., negative
  • Asia-Pacific markets fell

 

Henry’omics: We need to more than consider the economic environment to comprehend the micro re “our” universe of cell and gene therapy companies

Wednesday: The Dow closed DOWN -816.80 points or -1.91%, the S&P closed DOWN -95.85 points or -1.61% while the Nasdaq closed DOWN -270.07 points or -1.41%

Tuesday: The Dow closed DOWN -114.83 points or -0.27%, the S&P closed DOWN -23.14 points or -0.39% while the Nasdaq closed DOWN -72.75 points or -0.38%

Monday: The Dow closed UP +137.33 points or +0.32%, the S&P closed UP +5.22 points or -0.09% while the Nasdaq closed UP +4.36 points or +0.02%

Economic Data Docket:  Jobless claims, S&P flash U.S. services PMI, S&P flash U.S., manufacturing and Existing home sales

 

Q2 – May – 7 negative and 8 positive closes

·         Q2 - April – 10 negative and 11 positive closes

Q1/25

·         March, 10 positive and 11 negative closes

·         February – 12 holiday, 11 negative and 7 positive closes

·         January - 2 holidays, 1 market close, 10 negative and 10 positive closes

 

Companies in my headlights – It’s your decision; I provide ideas and context

I post about “indication intelligence” looking toward investment conferences … to assist investors with insight into sector vulnerabilities and strengths.  A dictionary definition of “indicate” refers to something less than a certainty; an indication could be a signal of being oversold or overbought, a recommendation, or grounds for inferring or a basis for believing.

Better part of valor to not lead any investor to temptation; yet again, I am passing on forecasting the daily indications as to expectation while the aftermarket blanked while the pre-open waits for the …  econs, it is still a mix of ups, downs and just uncertainty

 

The BOTTOM LINE: When you think of wanting to decant (selling) or fill (buying) your portfolio carafe, always consider it, a glass half-full

May ‘25: understand the “flow” of bad market and economic karma…

·         5/21 – Wednesday closed negative with 3 positive, 30 negative and 2 flats

·         5/20 – Tuesday closed positive with 23 positive, 9 negative and 3 flats

·         5/19 - Monday closed positive with 23 positive, 12 negative and 1 flat

 

·         5/16 - Friday closed positive with 29 positive, 3 negative and 3 flats

·         5/15 – Thursday closed positive with 24 positive, 10 negative and 1 flat

·         5/14 – Wednesday closed negative with 8 positive, 25 negative and 2 flats

·         5/13 – Tuesday closed negative with 6 positive, 28 negative and 1 flat

·         5/12 – Monday closed positive with 30 positive, 3 negative and 2 flats

 

·         5/9 – Friday closed negative with 10 positive, 23 negative and 2 flats

·         5/8 - Thursday closed positive with 25 positive, 8 negative and 2 flats

  • 5/7 – Wednesday closed positive with 16 positive

·         5/6 – Tuesday closed negative with 2 positive, 31 negative and 2 flats

·         5/5 - Monday closed negative with 9 positive, 23 negative and 3 flats

 

·         5/2 – Friday closed positive with 24 positive, 8 negative and 3 flats

·         5/1 – Thursday closed negative with 14 positive, 19 negative and 2 flats

 

Brace ourself for more earnings and economics and their down trending affect?

Welcome to my world of defining the “grey’ in our universe!

·         The sector is what it is, until it isn’t and even then, it doesn’t seem to be… as NOT much changes as the sector’s share pricing rides the waves of volatility, algorithms, electronic trading and short covering.

·         I am more frequently right than consequentially wrong; if I wanted to be liked, I wouldn’t have been an analyst/journalist.

 

Opinions expressed are those of the author and are subject to change, and not intended to be a forecast of future events, a guarantee of future results, nor investment advice. All investments are subject to risks. Investors should consider investment objectives.

Whether information or intelligence is good, bad or somewhere in between; I put into context what is relevant and useful for investors.  All investments are subject to risks. Investors should consider investment objectives.  Regulation Analyst Certification (Reg AC): The research analyst primarily responsible for the content of this report certifies the following under Reg AC: I hereby certify that all views expressed in this report accurately reflect my personal views about the subject company or companies and it’s or their securities. I also certify that no part of my compensation was, is or will be, directly or indirectly, related to the specific recommendations or views expressed