FS Insight

Cameron Winklevoss, the co-founder of Gemini has released a second open letter to the board of DCG.

Winklevoss alleges that Genesis and DCG committed accounting fraud when DCG bailed out Genesis following the collapse of 3AC.

Per the rule of “first 5 days,” since 1950, when prior year is “negative” and first 5 days >1.4% (n=7), equities average +26% gain and higher 7 of 7 times.

-Tom Lee, CFA
Fundstrat Global Advisors

Applying “consensus” +0.25% for Dec Core CPI (on 1/12), 3M annualized core will fall to 2.8%.

This is literally in “spitting distance” of Fed’s target & coupled with the softish wage data seen last week, points to far more dovish trajectory for data.

-Tom Lee, CFA
Fundstrat Global Advisors

Keeping an eye on , liquid staking derivatives (LSDs) have outperformed this week.

In addition, alt layer-1 Aptos ($APT) has shown impressive returns, gaining over 42% this week and being the best performer in the top 100 tokens over the last 24 hours (+7.20%).

A future bill that is the focus of growing concern is the legislation later this year to increase the debt ceiling.

There are reports that McCarthy made promises to his opponents to prevent a simple debt ceiling bill from coming to the House floor.

The ultimate power of a Speaker is determining the House schedule.

- Tom Block, Washington Policy Strategist

The Metals rally in both precious and base metals has managed to extend up to areas which now look likely to cause some important resistance on this first major lift off the October lows.

This recent rally coincided with a similar but opposite move in both the US Dollar and also US 10-Year Treasury yields, both of which are now nearing support this week.

-Mark Newton, CMT

$GDX $HG_F $FCX

We track the performance of six factors (growth, quality, low-volatility, momentum, size, and value) as part of our multi-factor strategy.

Over the past month, the best factor was , which outperformed the S&P 500 index by 3.0%.

- Adam Gould, CFA

So far in 2023, S&P 500 gained +1.4% in first 4 trading days of 2023. Since 1950, this has happened 23 times.

Median gain is +17% for full year of those 23 instances with 20 of 23 showing gains (87% win-ratio).

Investors worry playing "whack-a-mole" with equities, but if tanks (with wages slowing), FCIs will ease. First 4 days +1.4% is strong 2023 omen implies +23% gain.

Thomas J Lee, CFA
Fundstrat Global Advisors

Investors worry Fed playing "whack-a-mole" with equities, but if inflation tanks (with wages slowing), FCIs will ease. First 4 days +1.4% is strong 2023 omen implies +23% gain. Investors worry Fed playing "whack-a-mole" with stock prices, but if inflation tanks (with wages slowing), FCIs will ease... Over the weekend, I had a few

History Shows Odds Favor a 20% Stock Market Return in 2023, Fundstrat Says

Fundstrat Global Advisors

History Shows Odds Favor a 20% Stock Market Return in 2023, Fundstrat Says There are 3 possible catalysts that would enable stocks to produce 20% gains in 2023, according to Fundstrat’s Tom Lee.

How common is a “flat” year?

Since 1950, there are 19 instances of a negative S&P 500 return year. In the following year...

Stocks are 5X more likely to rise 20% than be flat
and more than half of the instances are >20% gains

The "maths" show probability of 2023 seeing >20% far higher than expected (53%). VIX key for 2023 returns, not EPS growth and 3 catalysts likely to make "opportunity" less "crisis" Because of bludgeoning in 2022, most investors expect stocks to be "dead money" in 2023... It would not entirely surprise anyone to say that most

The "maths" show probability of 2023 seeing >20% far higher than expected (53%). VIX key for 2023 returns, not EPS growth and 3 catalysts likely to make "opportunity" less "crisis"'

Tom Lee, CFA
Fundstrat Global Advisors

The "maths" show probability of 2023 seeing >20% far higher than expected (53%). VIX key for 2023 returns, not EPS growth and 3 catalysts likely to make "opportunity" less "crisis" Because of bludgeoning in 2022, most investors expect stocks to be "dead money" in 2023... It would not entirely surprise anyone to say that most

Unlock our top 11 stocks positioned to tick higher in the intermediate term, along with applicable technical resistance and support levels, curated by industry leader Mark Newton, CMT.

https://fsinsight.com/technical-strategy/upticks-stock-list/?utm_source=Facebook&utm_medium=social&utm_campaign=product-010423&utm_term=&utm_content=product-010423

Crypto prices increased last night and this morning, with $BTC up 1.20% and $ETH up 3.43%. The ETH/BTC ratio, which has seen volatility compress over the past couple of weeks, has moved to the upside, rising 2.65%.

Square Enix Moves into Blockchain Gaming and Core Scientific Shuts Down 37k Mining Rigs Market Data Insight for Actionable Strategy

However, given that rates still look to push back to 4.00% on TNX, and Technology remains weak with a bearish bias in January cycles, I think it’s more likely that this consolidation breaks down under support into next week. At present, keeping a close eye on 3800(support) and 3900(resistance) makes sense.

Energy weakness should reverse by late January https://youtu.be/8cM31o_8C8Q 2023 has gotten underway with a greater than average amount of range-bound consolidation, and prices lie right near levels

Solana has kicked off 2023 with some sharp bullish price action, and Tuesday's 15%+ gains have lifted this to the highest levels since mid-December.

Gemini Earn Customers Seek Class Action Arbitration, Sushi to Close Lending and Launchpad Products Market Data Insight for Actionable Strategy

Be sure to catch FS Insight's Mark Newton on CNBC Overtime with Scott Wapner at 4:20 PM ET!

If Fed allows financial conditions (FCI) to ease, stocks could post double-digit gains in 2023...FCI matters more than Fed funds. Industrials, Discretionary, and Technology most levered to easing of FCIs

https://fsinsight.com/first-word/2023/01/04/if-fed-allows-financial-conditions-fci-to-ease-stocks-could-post-double-dig/?utm_source=Facebook&utm_medium=social&utm_campaign=first-word-010423&utm_term=all&utm_content=first-word-010423

Cathie Wood's ARK Invest purchased 158,000 Coinbase ($COIN) shares (worth $5.5M) as the stock made new all-time lows last week. This purchase comes after ARK Invest purchased 300,000 shares worth $12 million on December 14th.

Cathie Wood Buys the Coinbase Dip and Bahamian Regulators Seize Crypto from FTX Market Data Insight for Actionable Strategy

Top market movers today, $PYPL, $MHK, and $RL were all rated to "Outperform" in Adam Gould's recent quant stock ratings.

Search your tickers, create a watch list, and get notified if your stocks change ratings.

https://fsinsight.com/quantitative-strategy/quant-ratings/?utm_source=Facebook&utm_medium=social&utm_campaign=product-010323&utm_term=&utm_content=product-010323

Be sure to catch FS Insight’s Sean Farrell as he joins CoinDesk today at 3 PM ET to discuss the implications of Digital Currency Group on markets!

Want to know how you can efficiently pick stocks for the upcoming year? Take a look at FSI Academy, where we teach YOU what's need to know.

How to Pick Stocks? The birth of “Granny Shots”? A peculiar scene erupted at a high-school basketball game in Colorado Springs close to a decade ago now. A young and wiry player sat at the...

A blockchain is a distributed ledger system that stores and tracks specific data... the data on each block can be just about anything that needs to be stored and tracked! For example, it may take the form of financial data, supply chain details, or medical records.

What is a blockchain? A blockchain is a distributed ledger system that stores and tracks specific data.Each ledger, referred to as a “block,” is chained together to...

Keeping a cool head grounded in the data, instead of letting greed and fear compromise judgment, is key. We think few major minds focused on markets exceed our Head of Research when exhibiting this critical characteristic.

Nothing New Under The Sun- Importance of Looking at Cycles To watch the video please click here. In Tom Lee’s 2022 Outlook he gave insight into the central principles that guide our macro research. It’s...

Want to make sure your investment plans are set right for 2023? Check out FSI Academy, where you can hone all of your fundamentals before the new year!
http://ow.ly/Lo9k50McP8O

$MRNA down 8.51%
$TSLA down 8.54%
$NVDA down 5.9%

If you had ONE Bitcoin, what would you do with it?