1.U.S. Small Cap Stocks Experienced a 6.5% Correction from Highs.
In an S&P obsessed market, small caps quietly post a better than 5% correction with close below 200day moving average.
Category Archives: Daily Top Ten
Topley’s Top Ten – August 25, 2017
1.Revenue and Earnings Growth Per Sector Q2
Ed Yardeni
Some sectors shone more brightly than others during Q2. Here is the y/y performance derby for the S&P 500 revenues growth: Energy (14.3%), Tech (9.7), Industrials (7.8), S&P 500 (5.7), Utilities (5.3), Consumer Staples (4.8), Financials ex-Real Estate (4.4), Consumer Discretionary (3.5), Health Care (2.4), Real Estate (0.8), Materials (-1.4), and Telecom (-3.9).
Here is the same for earnings growth: Energy (returned to a profit), Telecom (45.8%), Tech (34.3), S&P 500 (19.6), Utilities (14.2), Financials ex-Real Estate (13.0), Industrials (12.5), Health Care (8.6), Consumer Staples (6.7), Consumer Discretionary (1.9), Materials (-0.4), and Real Estate (-14.6).
https://www.linkedin.com/pulse/sp-500-earnings-shining-edward-yardeni
Topley’s Top Ten – August 21, 2017
1.Small Cap Stock Beat Down….Russell 2000 Small Cap Goes Negative for the Year and Breaks thru 200 day to Downside.
IWM Russell Small Cap-Closes Below 200day on Good Volume.
Small Cap Negative on the Year vs. S&P +8 IOO Mega Cap Stocks +10%
Topley’s Top Ten – August 18, 2017
1.It May Be A Slow IPO Market But Venture Capital Backed Tech Breaks Out to New Highs.
Funding Conditions for Tech Startups Soar to a New Record
An index tracking business conditions for U.S. private companies surged 44 percent from a year earlier.
By
Isabel Gottlieb
August 11, 2017, 8:00 AM EDT
There’s rarely been a better time for American technology startups.
The Bloomberg U.S. Startups Barometer, which tracks the business conditions for U.S.-based private technology companies, reached a record high. A 44 percent increase from a year earlier was driven by a surge in the number of businesses that raised money for the first time, reflecting investors’ appetite to back the riskiest companies. The index, which goes back to 2007, doesn’t account for the frenetic days of the dot-com bubble.
“If you’re leaving Google or Facebook to go do your startup, this is probably the best time ever to do so,” said Wesley Chan, managing director at the venture capital firm Felicis Ventures. “There’s a lot of frothiness in early stage and seed investing.”
Topley’s Top 10 – August 17, 2017
1.U.S. Households Net Worth to an All-Time High.
https://www.guggenheimpartners.com/cmspages/getfile.aspx?guid=8db18c30-ea6a-4b35-9e5f-cc00f7bba3df