Menu

Investors May Want to Look At Sectors That Worked In The 1980's

 December 11 2016     David Templeton
Subsequent to the election last month I published a post suggesting the equity market going forward was beginning to resemble the bull market of the 1950's and 1980's, A decade is a long time and market leadership will rotate in and out of sectors based on the business cycle. In that earlier post I noted the potential commonality to the current market compared to those prior decades related to pol...

Emerging Markets, The Dollar and Interest Rates

 December 10 2016     David Templeton
This morning I published a few tweets and charts on our Twitter site reviewing emerging market equity performance and the impact US Dollar strength has on emerging market equity performance. Additionally, interest rates influence US Dollar movement and rising interest rates tend to result in a stronger Dollar, all else being equal. Below are those tweets.Ones view on the direction of the US Dollar...

Dow Dogs: The Pursuit Of Yield Coming To An End

 December 9 2016     David Templeton
With the passing of the election last month, expectations in place before the election seem to have been turned on its head. Dire forecast were anticipated if Trump were to somehow pull out a win. Fast forward to a month past election day and current market sentiment is far from what most expected and the equity market is reflecting this in its performance with the S&P 500 Index up 8.4% from the 1...

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...
Page 4 of 78First   Previous   1  2  3  [4]  5  6  7  8  9  10  Next   Last