KEY TAKEAWAYS Small cap stocks have performed well so far in 2019; however, we believe the environment is getting tougher. Large caps may take the baton and sustain leadership as small cap performance potentially enters a weaker phase. Small and large cap stocks may...
KEY TAKEAWAYS Following such a strong rally since the December 24 lows, a pullback is reasonable to expect. We expect additional stock market weakness beyond last week’s more than 2% decline to be modest. Fundamentals remain sound, valuations are reasonable, and most...
KEY TAKEAWAYS Stocks may keep going higher, but the easy gains likely have been made. Stock valuations, when compared with bond yields, are actually historically cheap. The overall technical backdrop supports a continuation of the bull market. Click here to download a...
KEY TAKEAWAYS The market rally continues, with stocks off to their best year’s start since 1991. Near-term stocks are quite overbought and a pullback could be warranted. Yet, from a sentiment perspective, we still aren’t seeing signs of the over-the-top optimism that...
KEY TAKEAWAYS Earnings growth for the fourth quarter is tracking to a solid 17%, above prior estimates but below the pace of the previous three quarters. The bar has been substantially lowered for the first quarter, setting up potential upside surprises, particularly...
