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

Small Cap Premium A Tick Higher To 16%

Growth Strong In Second Half Of 2014

S&P 500: Smallest Firms Drag In 2014

Up/Down Earnings: Two Month Reading Slumps To Average

Small Cap Premium Sinks To 15%

Growth Stocks Better In November

S&P 500: Smaller Firms Get Lump Of Coal In 2014

Up/Down Earnings: Best One Month Reading Since Q2 2011

Small Cap Premium Spikes Back To 20%

Large Cap Value Left Out Of October Surge

S&P 500: Equal Weighted Index Bounces Back

Up/Down Earnings: Highest Third Month Reading Since Q1 2012

In September, the Russell 2000 index lost 6% and is down 4.4% YTD. Large Caps widened their YTD performance lead (S&P 500 +8.3%). Small Cap Premium slides to 15%.

Growth Stocks Better In Rough September

September was very unkind to smaller firms.

Up/Down Earnings ratio cools off in August.

Small Caps are selling at a 19% valuation premium relative to Large Caps.

Large Cap Growth has had an impressive advantage over Large Cap Value in six of the past seven years but that trend is reversing in 2014.

The Equal Weighted S&P 500 edged out the Cap Weighted index by 20 bps in August and  expanded its lead to almost 1% YTD (price change only).

Up/Down Earnings: Q2 Starts Off With A Bang