Articles by Phil Segner, CFA Co-Portfolio Manager & Sr. Analyst

Small Cap Premium Drops To 4%

Growth Edges Out Value As Stocks Rebound

S&P 500: Best Month In Four Years

The third and final month of Q2 earnings reports registered an Up/Down Ratio of 1.18. This is the second lowest “three month” reading of the past 23 quarters.

Small Cap Premium Down To 7%

Cruel Quarter, Growth Still Best YTD

S&P 500: Worst Quarter In Four Years

The second month of Q2 earnings reports registered an Up/Down Ratio of 1.17. This “two-month” figure is the third lowest since mid 2009.

The August market action deflated P/E ratios across all market cap tiers, but our ratio of ratios was little changed.

Despite the down market, Large Cap Growth expanded its YTD outperformance over Value—now almost 11%. 

S&P 500: Worst Month In Three Years

Up/Down Earnings: Dismal Start To Q2

Small Cap Premium Drops to 8%

Growth Showing No Mercy To Value

S&P 500: Largest Firms In Charge

Up/Down Earnings: Q1 Finishes Substantially Below Average

Small Cap Premium Jumps to 12%

First Half Of 2015 All About Growth

After rattling off nine consecutive quarters of gains, the S&P 500 quarterly winning streak is no more. We have to go way back to 1995-1998 to find a more impressive stretch (14 consecutive quarters). 

The second month of Q1 earnings reports registered an Up/Down Ratio of 1.27. Following the theme from last month, this “two-month” score is well below average.