Jack Nuismer @TheWeekAhead
Stockbroker since 1983; institutional since 1988 The Week Ahead weekly mkt letter 1994 Vanderbilt B.E. 1979 All SEC pitcher AAA baseball Cleveland Indians 1982 Nashville, TN Joined November 2009-
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Just saw the post below. If you bought S+P golden week close at 4697 on 11/05/21, you were down -19% over the next year. It seems like the data is wrong Ryan Detrick, CMT @RyanDetrick This could be the first golden week (5 new ATHs) since early November 2021. Since 1950, 14…
I think it is very poor form to bash someone's market analysis by name. Disagree with the analysis. Leave the name out. Sometimes these bashes come back to haunt you @RedDogT3 @McClellanOsc
FED Chairman Jerome Powell gives a shout out to my brother in law Vince Gill in his speech today in Nashville. youtu.be/fbp9cRgWrBk?t=…
$KBH beats the Estimize EPS Consensus by 28c and the Estimize Revenue Consensus by $58.43M. Reports FQ2 earnings of $2.15 EPS and $1.71B Revs - estimize.com/kbh/fq2-2024?u…
This afternoon's winner for $KBH is @BillB1210 who beats 6 other analysts and the Wall Street Consensus - estimize.com/kbh/fq2-2024?u…
At today's SPY high at 531.52, the SPY was 17.74 pts above its 18DMA . I count only 6 times more extended going back to 2020
Been sitting in Nashville HCA Centennial Hospital with my 93 year old Dad waiting over 4 hrs for a CT scan to be read. Unreal
U.S. DEFENSE SECRETARY AUSTIN, AT START OF MEETING WITH ISRAELI COUNTERPART, SAYS PROTECTING PALESTINIANS FROM HARM IS MORAL AND STRATEGIC IMPERATIVE
Under our baseline forecast, the S&P 500 index will end the year roughly unchanged at 5200, -1% from today. Both our expected path of the federal funds rate and our above-consensus economic growth forecast appear to already be priced by markets. Fed fund futures are pricing…
Usually an index will touch its 18D (moving average) once in a month. In December 2023, most indices (SP, DOW, QQQ, Russell, and TLT) did not touch their 18D. All have to start Jan 2024 except the DOW. The SPY chart shows its streak above its 18DMA and decline to it in Jan.
Re last post: January 20, 2023 was number 5; S+P topped 9 trading days later
I don't know the January date for number 5, but the S+P topped on Feb 2 and gave back all the Jan 2023 rally in the next 6 weeks.
OEX Put/Call Open Interest Ratio hit 2.62 on Friday 11/17/23; highest reading since June 2023; readings over 2.00 are usually trouble
All the renegades in blue that were higher were hit last week within 16 days

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