Menu

Small Cap Stocks No Longer Cheap Relative To Large Caps

 December 3 2016     David Templeton
Subsequent to the election, the equity 'risk on' trade has been most evident in small company stocks with the S&P 600 Small Cap Index returning 13.0% since 11/4 versus a return of 5.4% for the S&P 500 Index.In fact, small cap stocks have been outperforming large caps since the market pullback in February of this year. Benefiting the return of small cap stocks is the fact, based on their respective...

Will The FANGs Lag During A Period Of Faster Economic Growth?

 November 26 2016     David Templeton
In the lead up to and after the November election a significant change in stock leadership has been underway. The better performing sectors are those that will benefit from faster economic growth and a steeper yield curve (like the banks.) Seemingly left behind, or at least underperforming, are the technology stocks as can be seen in the below sector performance chart.One area of technology that g...

Black Friday For E-Commerce

 November 25 2016     David Templeton
E-commerce retailers are likely to continue their dominance and be the primary beneficiaries on Black Friday. As the below chart shows, e-commerce sales continue to garner a larger percentage of overall retail sales with traditional brick and mortar retailers stuck in a no growth environment. Further detail on third quarter e-commerce sales can be reviewed in the U.S. Census Bureau's recent e-comm...

Individual Investor Sentiment May Be Too Bullish

 November 24 2016     David Templeton
The American Association of Individual Investors released their Sentiment Survey today and bullish sentiment is reported at 49.9%. This is slightly above theĀ +1 standard deviation level of 48.4%. As can be seen in the below chart, the bullish sentiment level has spiked higher subsequent to the U.S. presidential election from a few weeks ago. Although not shown on the chart, the bull/bear spread wi...

An Equity Market Finding Little Upside Resistance

 November 23 2016     David Templeton
Today the Dow Jones Industrial Average Index closed at another record high of 19,083.18, crossing another 1,000 point interval on Tuesday. It has taken nearly two years for the index to breach this 1,000 point interval after breaking 18,000 in December 2014. The market advance following the election is beginning to sound like a broken record as commentators announce the market's close at a "new al...

Why 65?

 November 21 2016     Anna Pfaehler
Young clients with decades until retirement often do not know when they want to retire. That far out, pinpointing an age is not terribly important because their situation is likely to change and what they want now might not be what they want then. In these cases, we will often begin by projecting what retirement could look like at 65 and adjusting from there. A client recently asked me to expla...

Equity Market Beginning To Resemble Bull Market Of The 1950's And 1980's

 November 19 2016     David Templeton
In the early days following the presidential election, the equity market seems to be anticipating better economic growth in the years ahead. Knowing the economy is not the market though, investors believe a better economy will translate into stronger corporate profits as well. When the new administration takes office in 2017, Trump's campaign comments indicate the economy is in need of more govern...

Powerful Sector Rotation May Need A Breather

 November 16 2016     David Templeton
The market action following last week's election has seen powerful rotation among stock market sectors and industries. In my last post I highlighted this movement along with stocks and industries that are benefiting from this rotation and industries that are not benefiting. I noted a potential caution due to the fact the targeted sectors seems to be a consensus trade by investors and the moves may...

Investors Adjusting Investments As A Result Of The Election Outcome

 November 13 2016     David Templeton
This post is more of a chartfest to feature information I ran across over the weekend from various sources but related to investment topics relevant to potential policy changes under a President-Elect Trump administration. Investors know the equity market reacted favorably to the election outcome last week; however, some market segments did far better than others. Although the night is long, the f...

Toss Aside Your Political Leanings, The Equity Market Is

 November 10 2016     David Templeton
Tossing aside ones political leanings, the stock and bond market are telegraphing positive results from a Trump presidency as it relates to the economy. I briefly touched on the bond market in yesterday's post and below is another chart of the 10-year Treasury yield-the yield continues to move higher.The broad advance in the market relative to the meltdown in futures during election night/morning ...
Page 1 of 75First   Previous   [1]  2  3  4  5  6  7  8  9  10  Next   Last