1.Emerging Markets-A Great Look at the Cycle.
From Tim Hussar at Wharton Hill Advisors.
https://www.whartonhillia.com/viewpoints/2017/8/4/under-the-hood-august-2017
Topley’s Top Ten – August 7, 2017
Mick is Back Tonight.
Who will be left standing?
1.The One Divergence that Stands Out….Dow Transports Showing Significant Lag in 2017.
Transports Rolled Over in July as S&P and Dow Jones Make New Highs.
Dow Jones +11.79% vs. Dow Transports +2.5%
Topley’s Top 10 – August 4, 2017
1.Bloomberg IPO Index Remains Sluggish
Aug 3, 2017
One index that hasn’t been participating in the market’s rally this year is the Bloomberg IPO Index, which is made up of companies that have IPOd within the past year. We just wanted to show you a quick chart to highlight the weakness for IPO stock performance.
Below is a chart comparing the performance of the Bloomberg IPO Index to the Nasdaq 100 and the Dow Jones Industrial Average since the bull market began back in March 2009. As shown, the Tech-heavy Nasdaq 100 is up by far the most at +467%, which might make you assume that IPOs would also be doing pretty well. But even the Dow 30 has outperformed the IPO Index and by quite a bit at that! Since the bull market began, the Dow is up 236% on a simple price return basis, while the IPO index brings up the rear in this group with a gain of just 163%. Over the past year, the IPO index has basically traded completely sideways.
https://www.bespokepremium.com/think-big-blog/bloomberg-ipo-index-remains-sluggish/
Topley’s Top 10 – July 31, 2017
1.Only AAPL From FANG Stocks in Dow Jones….Keeping up in Performance with S&P YTD
S&P vs. Dow Jones YTD….Tech is second largest sector in Dow at almost 17%.
What did the Dow look like at end of Internet bubble? 35% Tech
Topley’s Top 10 – July 27, 2017
First the important stuff…Who the Hell is Dead and Who is Alive in Thrones?
1.Earnings Update…Key to Maintaining the Bull.
Equity Markets: The charts below show the percentage of companies beating earnings and sales estimates, broken out by company size.
Source: Credit Suisse