The average stock in the S&P 500 fell 2.91{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} in January, but the average stock is up 5{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} since then. So which stocks have led the way higher, and which ones are underperforming? Below we have run our decile analysis on the S&P 500 to find out. To run the …
Author: Bespoke
Think B.I.G. From Bespoke Has Moved
Thank you for visiting our free Think B.I.G. blog site! If you’ve reached this site looking for fresh content from Bespoke Investment Group, please visit our new Think B.I.G. page at http://bespokepremium.com/think-big. If you have a question for Bespoke or need help …
Apple (AAPL) Now Twice as Big as the 2nd Largest Company in the World!
Apple (AAPL) has been straight up since the start of the year, gaining $22 (or 19{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}) to push it above the $130 level. Below is Apple’s trading range chart, with the red area representing between one and two standard deviations above the stock’s 50-day moving average. As shown, AAPL is …
Health Care/Biotech Names Still Dominating
The average stock in the Russell 3,000 (which makes up roughly 98{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of US-listed stocks) is now up 1.68{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} in 2015. Below we have calculated the average year-to-date performance of stocks by sector. As shown, Health Care stocks are up by far the most with an average YTD gain …
Top Earnings Season Triple Plays
The fourth quarter earnings season unofficially came to an end today now that Wal-Mart (WMT) has reported its quarterly numbers. This earnings season, more than 1,700 companies reported their quarterly numbers, and our job here is to identify the reports that look the best. One way that we narrow our …
Key ETF Performance Through President’s Day 2015
Below is a look at the performance of various asset classes through President’s Day 2015 using key ETFs from our daily ETF Trends report available to Bespoke Premium members. For each ETF, we show its performance last week, so far in February, and so far in 2015. US-related ETFs are generally …
S&P 500 Approaching New Highs
After another rally today, the S&P 500 is now just 5 points below its prior all-time highs reached at the end of December. As shown below, the index and six of ten sectors are now in overbought territory, with Consumer Discretionary leading the way higher. The one sector that has …
Oil Charts
Oil has bounced close to 20{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} off its recent lows, but one look at its longer-term chart shows that it still has a long way to go to get back to levels it was at just six months ago. At its lows, oil got down to 50{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} below its 200-…
Countdown To Liftoff Stable Ahead of NFP
Ahead of the BLS’s release of the Employment Situation Report at 8:30 AM tomorrow morning (featuring the critical Nonfarm Payrolls reading), Bespoke’s Countdown To Liftoff measure of the months remaining until a Fed hike is showing a very stable reading. With a large selloff in bonds taking place over the last …
Ford Truck Sales Rebound in a Big Way
After several months where sales were negatively impacted by consumers awaiting the new revamped F-150 truck, sales of Ford trucks rebounded in a big way in the month of January. In the first month of 2015, Ford announced sales of 54,370 F-series trucks, representing a 17{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} increase versus of January of …
Happy Holidays from Bespoke!
2014 is winding down, with just four trading days left after tomorrow’s Christmas holiday. So what are investors to expect heading into 2015? Over at Bespoke Premium, we’re currently putting the finishing touches on our annual Bespoke Report outlook piece. There’s certainly plenty to cover in this year’s report, and we do…
Philly Fed Exceeds Expactations
After a significantly weaker than expected Empire Manufacturing report on Wednesday, today’s regional manufacturing report from the Philadelphia Fed showed a modest decline, but still managed to exceed expectations. While economists were expecting a level of 19.8, the actual reading came in at 20.7, down from last month’s level of 22.5. As shown …
Homebuilder Confidence Plunges
Sentiment for the home builders took a big dive in October, falling to its lowest level since July. According to the National Association of Home Builders (NAHB), home builder sentiment dropped from 59 down to 54, compared to expectations of 59. October’s report ended a run of four straight months where the survey …
S&P 500 Higher or Lower from Here?
The market fell hard this week, leaving the S&P 500 just one point above its 200-day moving average. The Nasdaq and Dow weren’t so lucky — failing to hold above their 200-days into the close today. So which way will the market head from here? Please take part in our Bespoke …
What A Week It Was
To further summarize the volatile week we just had, below is a look at the recent performance of various asset classes using our key ETF matrix, which covers US equity strategies and sectors, currencies, country ETFs, commodities, and fixed income. As shown, declines of 3-5{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} were seen across the board …
Bulls Still in the Majority
If you were looking for a spike in bearish sentiment following the brutal action in stocks last week, you didn’t get it. As shown below, bulls remained in the majority in our weekend Bespoke Market Poll, coming in at 54{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} versus bearish sentiment of 46{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}:
Highest Percentage of Oversold Stocks in a Year
Below is a look at the percentage of overbought versus oversold stocks in the S&P 500 over the last year. As shown, 63{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of stocks in the index enter today in oversold territory, which is the highest reading we’ve seen in a year. Just 10{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of S&P 500 stocks are …
European Default Risk
European equity markets have gotten absolutely slaughtered recently. Interestingly, though, sovereign default risk for some of the countries that have seen their stocks fall hardest hasn’t ticked higher. Below are price charts for the major equity indices of France (CAC), Germany (DAX), Italy (FTSE MIB) and Spain (IBEX 35). Below …