<\/p>\n
<\/p>\n \u2026and by the end of the week with a clearer picture of decent earnings and stronger sales<\/em><\/p>\n <\/p>\n <\/p>\n <\/p>\n Brad:<\/em><\/strong> Insiders showing signs of starting to put money to work at lower prices<\/em><\/p>\n <\/p>\n <\/p>\n JL<\/strong>: The yield curve continues to head negative…<\/em><\/p>\n <\/p>\n <\/p>\n \u2026as markets adjust to the Fed\u2019s historically sharp interest rate hiking cycle<\/em><\/p>\n <\/p>\n <\/p>\n Joseph<\/strong>: US crude oil supply is trickling along near its lows…<\/em><\/p>\n <\/p>\n \u2026despite a large draw from our Strategic Petroleum Reserves<\/em><\/p>\n <\/p>\n <\/p>\n JL<\/strong>: The Fed has one eye on economic data but likely also aware of the large debt expansion in recent decades<\/em><\/p>\n <\/p>\n <\/p>\n Past performance is not indicative of future results. This material is not financial advice or an offer to sell any product. The information contained herein should not be considered a recommendation to purchase or sell any particular security. Forward looking statements cannot be guaranteed. <\/em><\/p>\n This commentary offers generalized research, not personalized investment advice. It is for informational purposes only and does not constitute a complete description of our investment services or performance. Nothing in this commentary should be interpreted to state or imply that past results are an indication of future investment returns. All investments involve risk and unless otherwise stated, are not guaranteed. Be sure to consult with an investment & tax professional before implementing any investment strategy. Investing involves risk. Principal loss is possible. <\/em><\/p>\n The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services. The CPI reflects spending patterns for each of two population groups: all urban consumers and urban wage earners and clerical workers.<\/em><\/p>\n The S&P 500\u00ae Index is the Standard & Poor’s Composite Index and is widely regarded as a single gauge of large cap U.S. equities. It is market cap weighted and includes 500 leading companies, capturing approximately 80% coverage of available market capitalization.<\/em><\/p>\n Treasury yield is the return on investment, expressed as a percentage, on the U.S. government\u2019s debt obligations. Looked at another way, the Treasury yield is the effective interest rate that the U.S. government pays to borrow money for different lengths of time. <\/em><\/p>\n Fixed income securities are subject to certain risks including, but not limited to: interest rate (changes in interest rates may cause a decline in market value or an investment), credit, prepayment, call (some bonds allow the issuer to call a bond for redemption before it matures), and extension (principal repayments may not occur as quickly as anticipated, causing the expected maturity of a security to increase).<\/em><\/p>\n Advisory services are offered through Aptus Capital Advisors, LLC, a Registered Investment Adviser registered with the Securities and Exchange Commission. Registration does not imply a certain level or skill or training. More information about the advisor, its investment strategies and objectives, is included in the firm\u2019s Form ADV Part 2, which can be obtained, at no charge, by calling (251) 517-7198. Aptus Capital Advisors, LLC is headquartered in Fairhope, Alabama. ACA-2207-33.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why: Dave: The start of earnings season was a story of \u201cnot bad\u201d, with lower price movement than usual for both hits and misses… Source: Strategas as of 07.25.2022 \u2026and by […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[20,194],"tags":[132,188,179,138,49],"class_list":["post-232099","post","type-post","status-publish","format-standard","hentry","category-blog","category-charts","tag-earnings","tag-fed-hikes","tag-markets","tag-oil-supply","tag-yield-curve"],"yoast_head":"\n![\"\"](\"https:\/\/aptuscapitaladvisors.com\/wp-content\/uploads\/2022\/07\/Earnings-Scorecard-07.22-Dave.png\")
Source: Strategas as of 07.25.2022<\/em><\/p>\n![\"\"](\"https:\/\/aptuscapitaladvisors.com\/wp-content\/uploads\/2022\/07\/Earnings-Scorecard-July-28-Refinitiv.png\")
<\/p>\n![\"\"](\"https:\/\/aptuscapitaladvisors.com\/wp-content\/uploads\/2022\/07\/Insider-Buys-Strategas-07.25-Brad.png\")
Source: Strategas as of 07.26.2022<\/em><\/p>\n![\"\"](\"https:\/\/aptuscapitaladvisors.com\/wp-content\/uploads\/2022\/07\/2s-10s-Bianco-07.27-JL.png\")
Data as of 07.27.2022<\/em><\/p>\n![\"\"](\"https:\/\/aptuscapitaladvisors.com\/wp-content\/uploads\/2022\/07\/Projecting-the-Fed-Bianco-07.27-JL.png\")
Source: Bianco as of 07.27.2022<\/em><\/p>\n![\"\"](\"https:\/\/aptuscapitaladvisors.com\/wp-content\/uploads\/2022\/07\/Crude-Oil-Stocks-Joseph-07.27.png\")
Source: EIA as 07.27.2022<\/em><\/p>\n![\"\"](\"https:\/\/aptuscapitaladvisors.com\/wp-content\/uploads\/2022\/07\/SPR-Drawdown-Strategas-07.27-JL.png\")
Data as of 07.26.2022<\/em><\/p>\n![\"\"](\"https:\/\/aptuscapitaladvisors.com\/wp-content\/uploads\/2022\/07\/Inflating-the-Debt-Bubble-Lyn-Alden-JL-07.27.png\")
Source: Lyn Alden as of 07.27.2022<\/em><\/p>\n<\/h5>\n
<\/h5>\n
Disclosures<\/strong><\/h5>\n