Published April 12, 2024
With investors in between earnings this week and last the focus has been on the outlook for future interest rate cuts. Inflation data continues to come in a tick hotter than expected while economic growth remains solid. Below we check in with private capital commentary on recent employment trends and the outlook for upcoming earnings. (more…)
Published January 14, 2022
Last week we discussed the interest rate surge taking place at the beginning of 2022. This surge has driven a major shift in favored sectors. Cyclical “value” sectors like energy and financials have become the market darlings. (more…)
Published June 18, 2021
This year’s stock market has been all about rotation with money moving into value stocks and out of growth stocks. The narrative has been that rising inflation would push up interest rates. The hike in rates in turn raises the denominator of the classic stock price valuation (e.g. earnings/interest rates) which devalues high-flying growth stocks. The beneficiaries of this narrative have been cyclical sectors like materials, industrials, and energy. This week that narrative took a beating. (more…)
Published December 8, 2017
Our TradeGuru investment service has been delivering massive gains for subscribers since the latest bullish period began in early 2016. With growth stocks leading the market upward, our growth-oriented GuruFolio (labeled Folio A on the site) has delivered gains of over +45% this year after a +35% year in 2016. (more…)
Published August 25, 2017
Below from Delta is a good overview of the gap between different stock indexes and how large that gap has been this year. In reading this remember that small-cap value stocks are the best performing group over the history of the stock market. That this group is so substantially under-performing might mean something. (more…)