1.15% Year Over Year GAAP Earnings Growth is Higher than All but Three Previous Bull Market Peaks.

FUNDAMENTAL
Last year’s earnings rebound appears to be continuing in 2017. The 15% year/year growth in S&P 500 GAAP EPS is higher than at all but three previous bull market peaks and dividend growth remains above average. We are skeptical, however, that earnings will grow as fast as consensus suggests, as year/year comps become more difficult, earnings momentum will likely slow, leaving the market left with both elevated expectations and valuations.
Ned Davis

www.ndr.com

Continue reading →

Daily Top 10 – April 13, 2017

April 13, 2017

Matt Topley

Daily Top Ten No Comments

1.Buybacks Take International Stage.

We have mentioned PKW-U.S. buyback ETF for 3 years as a leader of bull market. As International takes the lead this year, a new buyback ETF goes on watch list.

2 Year Chart….IPKW +11% vs. EFA (developed International) -6.5%

www.yahoofinance.com

Continue reading →

Topley’s Top Ten – April 11, 2017

April 11, 2017

Matt Topley

Daily Top Ten No Comments

1. Foreign capital is flocking back to emerging markets in Asia

David Scutt, Business Insider Australia
Foreign capital is flooding back to emerging markets across Asia, particularly for stocks.

According to new research released by ANZ today, capital inflows to the region rose to $US15.3 billion in March, the largest one-month increase since the middle of last year.

It was the third consecutive month that net inflows were recorded, all but unwinding similarly large outflows seen in the final three months of last year.

As this excellent chart from ANZ demonstrates, continued weakness in the US dollar against currencies in the region was probably a contributing factor behind the pickup in capital flows to the region.