Week Ahead Magazine: July 27, 2014

Posted by David Templeton on Sunday, July 27, 2014
Except for the pullback in the equity markets on Friday, this past week was pretty uneventful. I guess I should say uneventful except for small cap stock investors. Much has been written about the small cap weakness year to date and whether it is a precursor to broader market weakness ahead. For the week, small caps were down .6% and is the only major U.S. index down year to date, i.e., down 1.6%.For the coming week investors will need to navigate a slew of economic and earnings reports. I think...
Read More...

Equity Market May Simply Be Under Owned

Posted by David Templeton on Thursday, July 24, 2014
It seemed odd that back in May we posted an article that said sentiment data may be suggesting the equity markets were oversold. At that time the equity markets really had not sold off but had pretty much traded sideways around the S&P 500 level of 1,878. What prompted our comment was the fact bullish individual investor sentiment had declined to 28%, which is one standard deviation below its long term average. Since the time the article was published, the S&P 500 Index is up nearly 6%. Well, to...
Read More...

Week Ahead Magazine: July 20, 2014

Posted by David Templeton on Sunday, July 20, 2014
This past week was an event filled one as geopolitical concerns rose to the top of investor worries with issues in Ukraine. As Josh Brown noted in an article he posted last week, these geopolitical events seem to be ever present. He noted though, the change this past week was investor awareness became focused on these concerns with the downing of the Malaysian airliner over Ukraine. In spite of this type of headlines news, the S&P 500 Index manged to generate a positive return of .54% for the we...
Read More...

Investor Letter Summer 2014: A Near Perfect Quarter For Equity Returns

Posted by David Templeton on Thursday, July 17, 2014
HORAN Capital Advisors has released its Summer 2014 Investor Letter. The markets have seen synchronized returns in 2014 with almost all major equity classes generating positive returns. Many investors are questioning the ability of the equity markets to display continued strength in light of not having a 10+% correction in over two years. The economy was very weak in the first quarter as measured by the final GDP number, which showed the economy contracting at a 2.9% annual rate. Yet, we believe...
Read More...

Week Ahead Magazine: July 13, 2014

Posted by David Templeton on Sunday, July 13, 2014
Much of the blame for the slight weakness in U.S equity markets and more significant weakness internationally is being attributed to a weak industrial production report out of Germany, minus 1.8% for May, and concerns about about systemic risks to peripheral Eurozone lenders after Portugal's regulatory agency suspended trading in Banco Espírito Santo Thursday. Market's like Spain and Italy were down over 4% with Germany down 3.4%.The U.S markets seemed to act as though these foreign issues are i...
Read More...

Looking For Data To Support A Market Correction

Posted by David Templeton on Sunday, July 13, 2014
Posting commentary has been light this past week for a number of reasons; however, topic thoughts often come from interesting articles I read throughout the week. The difficulty of late has to do with the abundant stream of commentary that is predicting the end of this bull market run, i.e., the dreaded 10+% correction which has not been experienced for over two years now.From The Blog of HORAN Capital AdvisorsSource: yardeni.comExacerbating this stream of thought has been the media's effort to ...
Read More...

Week Ahead Magazine: July 6, 2014

Posted by David Templeton on Sunday, July 06, 2014
The major U.S. equity indices ended the shortened holiday week last week in the green. The best performing index was The Nasdaq Composite up 2.0%, with the worst performer being the S&P 500 Index up 1.2%. A notably weak sector was utilities (XLU) down over 3%. Consumer discretionary (XLY), health care (XLV) and technology (XLK) were the  top performing sectors. Some credit the strength in the equity market to the generally positive economic reports last week. Officially, earnings season kicks of...
Read More...

Dividend Payers Lose Ground In June And A Review Of Equal Weight Strength

Posted by David Templeton on Friday, July 04, 2014
During the month of June the capitalization weighted S&P 500 Index was up 2.07%. The equal weight Guggenheim Index (RSP) returned 2.86%. This equal weight outperformance was also achieved by both the dividend payers and non payers in the S&P 500 Index. In total though it was the non payers that outperformed the payers during June by returning 3.91% versus the payers return of 2.56%. For the last twelve months though, the dividend payers maintain a performance advantage over the non payers, 34.11...
Read More...

What Event Triggers The Next Market Correction

Posted by David Templeton on Wednesday, July 02, 2014
There is no one variable or silver bullet that will provide insight into the future direction of the stock market or an individual stock. At the end of the day though, a stock's future direction will depend on a company's ability to grow its earnings. We constantly review data, financial and economic, that will provide insight into earnings growth for companies, the overall market and specific countries.With the strength of the markets' advance since the end of the Great Recession, and this impr...
Read More...

A Rising Tide Lifts All Markets In The First Half Of 2014

Posted by David Templeton on Monday, June 30, 2014
With the close of trading today, the first half of 2014 is now in the books. The months seem to click by more quickly each year. As the below index return chart shows, the indices displayed all have relatively healthy returns except for the lagging small cap index. The return data was obtained from S&P Dow Jones Indices and their report had very few negative returns for the indices they reported on. While many investors were and remain under weighted in international stocks, those markets had re...
Read More...
Page 1 of 80First   Previous   [1]  2  3  4  5  6  7  8  9  10  Next   Last