Latest Newsletter (May 24)
Mid-Year 2013 Investment Outlook:
Bullish for equities, but caution is warranted for bonds
Back in January I wrote that the 2013 outlook reflected a balance of bullish and bearish forces which, overall, I expected would result in moderate gains of approximately 8% in the S&P 500 for the year. With the S&P 500 Index already ahead 16% in 2013, I was clearly too cautious. The same bullish factors I identified at the beginning of the year remain in place, while the potentially bearish factors did not prove influential.....
In this half-issue:
Market Outlook for Equities
Bond Market Outlook
Gold Woes Continue
New Rosters of Top Performing ETFs
VIEW SAMPLE S&F PORTFOLIO RESULTS
as of LATEST HOTLINE
Stocks are flat after big gains last week
Stocks jumped on Friday but were quiet today, with small losses in the major U.S. benchmarks and small gains in foreign equity ETFs. Our models remain overall bullish.
The Nasdaq Composite is ahead of the NYSE Composite in relative strength. Small-caps are now ahead of large-caps. There is no clear preference between growth and value...
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