HORAN Capital Advisors

Entries for 2014

Week Ahead Magazine: August 31, 2014

 September 1 2014     David Templeton
The strong equity returns in the just completed month of August prove historical expectations do not always play out as the data might suggest. As we noted in our post just before August began, Is This The Much Awaited Market Pullback?, the average August return for the past 10 years has been negative.From The Blog of HORAN Capital AdvisorsWith the strong August returns several market pundits are ...

Achieving Excess Returns Around FOMC Meetings

 August 31 2014     David Templeton
David Blitzer, Chairman of the Index Committee for S&P Dow Jones Indices, recently highlighted research results showing excess returns are generated around FOMC meeting dates. The research paper, Stock Returns Over The FOMC Cycle, evaluates the average 5-day return minus the treasury bill rate. The paper shows statistically significant excess returns are generated in the five day period in advance...

Week Ahead Magazine: August 24, 2014

 August 24 2014     David Templeton
This past week saw the S&P 500 Index set a record closing price of 1,992.37 on Thursday. One article in this week's magazine notes the equity market has gone over 1,020 days without a 10% correction. Investors seem content on buying market "dips". This most recent dip saw the market decline 3.94% from its July 24th closing price down to 1,909.57 on August 7th. The "V-shaped" recovery from August 7...

Fundamentals Creating A Positive Environment For Equity Markets In Second Half Of Year

 August 24 2014     David Templeton
Almost two weeks ago we noted the S&P 500 Index appeared to look more attractive from a technical perspective. Since the market reached a near term low of 1,909.57 on August 7th, the S&P 500 Index has rallied 4.13% through Friday to close at 1,988.40. In addition to a positive technical perspective at that time, recent economic and company reports indicate potential strength ahead. In looking at s...

Week Ahead Magazine For August 17, 2014

 August 17 2014     David Templeton
After the market's close this past Tuesday we wrote a post discussing how the market technicals had turned more positive and the market did not disappoint. For this past week the equity market did turn higher with the major U.S. indices posting weekly gains. The standout was the Nasdaq Composite Index returning 2.2% and now up 6.9% on the year. The much watched small cap index, the Russell 2000, m...

Market Technicals Turn More Positive

 August 13 2014     David Templeton
Short term technicals for the S&P 500 Index have turned more positive after the market's recent pullback. As the below chart shows, the 100 day moving average has served as important support for the market over the past year and a half. Each time the market has experienced a pullback, the market has managed to bounce off of the 100 day moving average line. Additionally, the full stochastic oscilla...

Week Ahead Magazine For August 10, 2014

 August 11 2014     David Templeton
Last week saw the market's trading action gravitate from positive to negative during the week until Friday. The chart to the right shows the daily changes in various market indices with Friday's sharp bounce back. A question for this week will be whether last Friday's trading bounce signals a bottom in the market's recent decline.Today pre-market futures are indicating a positive start to the trad...

Bond Funds Continue To See Inflows

 August 10 2014     David Templeton
Last week's mostly negative market, until the sharp recovery on Friday, continues to negatively influence investor's market sentiment. Last week's American Association of Individual Investors reported bullish investor sentiment fell slightly to 30.9%. This bullishness level is nearly nine percentage points below the long term average of 39%.From The Blog of HORAN Capital AdvisorsSource: AAIIAn int...

Currency Adjusted Returns Matter When Investing In Foreign Markets

 August 7 2014     David Templeton
Almost a year and a half ago the Bank of Japan stated it would embark on a massive stimulus plan, i.e., quantitative easing, that would amount to the equivalent of $107 billion US dollars. Many strategists have taken a positive view of this effort by Japan to stimulate the country's economy. The near term, immediate impact to Japan's stock market at that time, the Nikkei 225 Index, was a dramatic ...

Why To Invest In Stocks

 August 6 2014     David Templeton
I wrote an article this past weekend that provided a link to an interview with Jason Trennert conduct by Consuelo Mack of WealthTrack. The theme of the interview and the post is the belief there currently is no alternative for investors other than stocks. My article was republished on Seeking Alpha and a reader responded with several comments and questions. I responded to his questions and the rea...
Page 6 of 17First   Previous   1  2  3  4  5  [6]  7  8  9  10  Next   Last