Published July 3, 2026
Last week we noted how the market is changing under the surface. That change continued this week. However, Delta Research offers the possibility of a coming shift back toward the Mag 7 as they note below. (more…)
earnings growth
Optimism for a Post-War Rally
Published April 3, 2026
Delta Research makes the case below for a sharp rally once the War with Iran ends. Complicating their case is the market’s shift to a flat interest rate environment as hopes for Federal Reserve rate cuts have largely vanished with the war. (more…)
AI Bubble Talk Ramps Up
Published October 3, 2025
With the stock market having come through the infamous month of September in fine fashion, investment analyst talk of a bubble in stocks, and in AI-related companies, has returned full force. Delta Research outlines below the supporting structures for higher stock prices. Afterward, we link to an article on the AI bubble thesis. As Trend-Followers, we follow the market’s price moves, up or down. Regardless of AI bubble fears, price continues to move up. (more…)
How Good Are Market Forecasts?
Published November 22, 2024
This time each year, investment houses trot out their outlooks for the following year. Below are observations about market forecasts from a couple of firms that wade through many of these forecasts. First up is Delta Research, followed by Blake Millard’s observations. (more…)
A New Industrial Revolution?
Published March 15, 2024
Below we provide a recent report from Delta Research putting some of the current market events in a broader context. Enjoy!
“U.S. share of global equity value has risen to 50%. The U.S., with a population of about 332 million people, has created half of all equity wealth in a world of 7.9 billion people. If this does not indicate capitalism works better than socialism and communism, it is hard to image what would. (more…)
Has Peak Earnings Growth Meant Peak Stock Market?
Published August 6, 2021
Below is an article from Schwab on the connection between earnings and the stock market.
“In what shaped up to be a very impressive first half of the year for both the economy and stock market, stellar earnings growth has been a key ingredient. Coming off stronger-than-expected S&P 500 earnings growth of 53% (year over year) in the first quarter, second-quarter earnings are currently anticipated to grow by 78%, the highest since 2009. That is well higher than the initial consensus estimate of 65%. (more…)