Weaker Earnings

During the last few weeks S&P 500 companies have been reporting 3rd quarter earnings.  It is now apparent that these earnings will be less than what was originally forecasted just a few weeks ago. Weaker earnings have also shown up in technology sector stocks, which have recently led the stock market and represent some of.. read more →

Earnings to Headlines

As the final corporate earnings reports for 2011 trickle in, we can say with confidence that 2011 was another good year for corporate profits. Corporate profits are very healthy. In fact they have more than doubled since the 1st quarter of 2009. We should be aware however, now that earnings reports are over we will.. read more →

FEAR + FUNDAMENTALS = OPPORTUNITY?

The European debt crisis, Washington political gridlock, and slow “new normal” economic growth; as investors we all lived through these market events and realities in 2011. Unfortunately, none of these conditions are likely go to away any time soon. Throw in unrest in the Middle East and a potential nuclear showdown with Iran and you.. read more →

What’s Next?

Just a quick note to let you all know what our thoughts and actions are after the past few days. Backing up a couple of weeks, we were steadfast in our belief that the debt debacle would be addressed before the August 2nd deadline and that the GDP and forward looking earnings numbers supported a growth.. read more →

Deadlines, Debt Limits, and EARNINGS

Minnesota’s shutdown and the current negotiations in Washington, D.C. surrounding the debt ceiling have been capturing the national and market headlines in recent weeks. They highlight the potential risks of a “policy error” that could severely impact the markets. A potential default by the U.S. Treasury or even a delay in payments could send markets.. read more →

Hold In May

Virtually all of the S&P 500 companies have finished reporting 1st quarter earnings. The results were impressive, earnings grew 18% year-over-year, far exceeding analyst’s intial estimates. The rate of growth is moderating from the sharp rebounds we saw just coming out of the recession, but this is typical at this stage in the business cycle… read more →

Five Things

We are in the middle of low volume summer trading in the stock market.After last quarter’s pullback, stocks are beginning to gradually move higher again. Recent economic news shows an economy that is still struggling with high unemployment and a sluggish housing market. But 2nd quarter earnings have been good and though corporations have been.. read more →

The Long and Short of It

Last week the S&P 500 lost over 4% and is now down 12% from its April high. The sell-off has been focused on troubles in Europe, particularly in Greece, and Spain, as well as some of the structural and demographic challenges that the Euro Zone is facing. Instead of being fearful because of the recent.. read more →

Earnings Season – So Far So Good

With the first week of earnings season complete, we are encouraged by the good reports. We expect this current trend to continue as earnings and revenue growth are up. We also like the fact that $51 billion of cash came off the sidelines this past week as investor optimism about the recovery is growing. We.. read more →

Can This Last?

What a month! The Dow gained 725 points or 7.28% and the broader Russell 3000 index was up 7.78% for the month. We are breaking through very important psychological barriers that have not been breached since October and November of 2008! Can This Last?  We believe the markets are reacting to earnings reports, read more →